Promag Progressers Facility Services Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.91 M
- Company Age 18 Year, 21 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 20.00 Cr
- Satisfied Charges ₹ 7.85 Cr
- Revenue Growth 20.69%
- Profit Growth -121.43%
- Ebitda 71.63%
- Net Worth 6.15%
- Total Assets 1.11%
About Promag Progressers Facility Services
Promag Progressers Facility Services Private Limited (PPFSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 March 2007 and has a history of 18 years. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Business Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.91 M.
The company currently has active open charges totaling ₹20.00 Cr. The company has closed loans amounting to ₹7.85 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vinod Cola, Prakash Patel, and Suresh Nair serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45301TN2007PTC062680
- Company No.
062680
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Mar 2007
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Business Services
What products or services does Promag Progressers Facility Services Private Limited offer?
Promag Progressers Facility Services Private Limited offers a wide range of products and services, including Designing Services, Engineering Solution, Data Processing, Transaction Processing Services, Data Entry & Data Processing Service, Environment Protection Services, Environmental Management Services, Security Service, Call Centre & Customer Care Services, Help Desk Services.
Who are the key members and board of directors at Promag Progressers Facility Services?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suresh Nair  | Director | 07-May-2020 | Current |
| Vinod Cola | Director | 09-Mar-2007 | Current |
| Prakash Patel | Director | 09-Mar-2007 | Current |
Financial Performance of Promag Progressers Facility Services.
Promag Progressers Facility Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.69% increase. The company also saw a substantial fall in profitability, with a 121.43% decrease in profit. The company's net worth moved up by a moderate rise of 6.15%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Promag Progressers Facility Services?
In 2023, Promag Progressers Facility Services had a promoter holding of 60.27% and a public holding of 39.73%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sdb Security Services Private LimitedVinod Cola, Prakash Patel and 1 more are mutual person
Bonsais Empire Constructions Private LimitedVinod Cola, Prakash Patel and 1 more are mutual person
- Sai Shram Business Services Private Limited
Vinod Cola and Suresh Nair are mutual person
- Sn Management Services Llp
Suresh Nair is a mutual person
Charges (Loans)
Open Charges
₹200.00 M
Satisfied Charges
₹78.50 M
Charges Breakdown by Lending Institutions
- Others : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Jun 2024 | Others | ₹20.00 Cr | Open |
| 16 May 2022 | Others | ₹1.85 Cr | Satisfied |
| 13 Oct 2015 | Axis Bank Limited | ₹1.00 Cr | Satisfied |
| 26 Feb 2015 | Idbi Bank Limited | ₹5.00 Cr | Satisfied |
How Many Employees Work at Promag Progressers Facility Services?
Promag Progressers Facility Services has a workforce of 725 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Promag Progressers Facility Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Promag Progressers Facility Services's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Promag Progressers Facility Services
Recent activity within the organization
- Annual General Meeting
Promag Progressers Facility Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 200.00 M with Charge ID 100934808 was registered on 07 Jun 2024.
- Balance Sheet
Promag Progressers Facility Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge registered on 16 May 2022 via Charge ID 100572396 with Others was fully satisfied on 01 Sep 2023.
- Charges
A charge with Others amounted to Rs. 18.50 M with Charge ID 100572396 was registered on 16 May 2022.
- Charges
A charge registered on 13 Oct 2015 via Charge ID 10604031 with Axis Bank Limited was fully satisfied on 11 Sep 2020.
Frequently asked questions
What is the Incorporation or founding date of Promag Progressers Facility Services Private Limited?
Promag Progressers Facility Services Private Limited was incorporated on 09 Mar 2007.
What is authorized share capital and paid-up capital of Promag Progressers Facility Services Private Limited?
The authorized share capital of Promag Progressers Facility Services Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.91 M.
Who are the current board members & directors of Promag Progressers Facility Services Private Limited?
Currently 3 directors are associated with Promag Progressers Facility Services Private Limited.
- Vinod Balagopal Cola
- Prakash Bhupendara Patel
- Suresh Mohan Nair
What is the registered address of Promag Progressers Facility Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Promag Progressers Facility Services Private Limited is Old 30 New No.16 Conron Smith Road, Gopalapuram India, Chennai, Tamil Nadu, 600086.
What is the corporate identification number (CIN) and company number of Promag Progressers Facility Services Private Limited?
The corporate identification number (CIN) of Promag Progressers Facility Services Private Limited is U45301TN2007PTC062680 and the company number is 062680 as per Ministry of Corporate Affairs (MCA).
What is the official website of Promag Progressers Facility Services Private Limited?
The Official website of Promag Progressers Facility Services Private Limited is https://www.promag.co.in
What has been the recent revenue trend for Promag Progressers Facility Services Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Promag Progressers Facility Services Private Limited has risen by 20.69%.
How many employees does Promag Progressers Facility Services Private Limited currently have?
As Per 2023 financial reports, 725 employees are currently employed by Promag Progressers Facility Services Private Limited.
What change has been observed in the net worth of Promag Progressers Facility Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Promag Progressers Facility Services Private Limited has experienced an upsurge of 6.15%.
What are the total open charges for Promag Progressers Facility Services Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Promag Progressers Facility Services Private Limited amount to ₹ 20.00 Cr.
When was the last Balance Sheet of Promag Progressers Facility Services Private Limited filed with the ROC?
The most recent Balance Sheet for Promag Progressers Facility Services Private Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
SA
Senthil AnandgWholetime Director