Promas Engineers Private Limited

Manufacturer and exporter of electrical equipment, machinery, and products for food, pharma, and chemical industries.

2005 | Thane, Maharashtra (India) | Active
Last Updated: July 07, 2024

Promas Engineers Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.48 M
  • Company Age 19 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 37.87 Cr
  • Revenue Growth -28.35%
  • Profit Growth -13.53%
  • Ebitda 49.03%
  • Net Worth 28.10%
  • Total Assets -0.23%

About Promas Engineers

Promas Engineers Private Limited (PEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 March 2005 and has a history of 19 years and 11 months. Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 7.48 M.

The company currently has active open charges totaling ₹37.87 Cr.

Balasaheb Gatkal, Vandana Gatkal, and Akshay Aher serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29100MH2005PTC151708

  • Company No.

    151708

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Mar 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Promas Engineers Private Limited offer?

Promas Engineers Private Limited offers a wide range of products and services, including Pharmaceutical Machinery & Equipment, Pharmaceutical Processing Equipment, Dryers & Evaporators, Vacuum Dryers, Air Dryers, Pharmaceutical Machines, Milling & Grinding Tools, Grinding Mill, Industrial Mixers & Homogenizers, Industrial Mixers.

Who are the key members and board of directors at Promas Engineers?

Financial Performance of Promas Engineers.

Promas Engineers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 28.35% decrease. The company also saw a substantial fall in profitability, with a 13.53% decrease in profit. The company's net worth Soared by an impressive increase of 28.1%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-28.35%
Revenue from Operations
-28.64%
Total Assets
-0.23%
Profit or Loss
-13.53%
Net Worth
28.10%
EBITDA
49.03%

What is the Ownership and Shareholding Structure of Promas Engineers?

In 2023, Promas Engineers had a public holding of 0.45%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹37.87 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 37.87 Cr

Latest Charge Details

DateLenderAmountStatus
23 Jul 2011Indian Overseas Bank₹12.32 CrOpen
23 Mar 2007Indian Overseas Bank₹10.60 CrOpen
12 May 2006Indian Overseas Bank₹14.95 CrOpen

How Many Employees Work at Promas Engineers?

Unlock and access historical data on people associated with Promas Engineers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Promas Engineers, 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 Promas Engineers's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Promas Engineers

Recent activity within the organization

  • Annual General Meeting

    Promas Engineers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Promas Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Indian Overseas Bank of Rs. 14.95 Cr registered on 12 May 2006 with Charge ID 10003662 was modified on 16 Dec 2022.

    16 Dec 2022

  • Charges

    A charge with Indian Overseas Bank of Rs. 12.32 Cr registered on 23 Jul 2011 with Charge ID 10305443 was modified on 24 Oct 2016.

    24 Oct 2016

  • Director Appointment

    Akshay Anilkumar Aher was appointed as a Director was appointed as a Director on 17 Oct 2015 & has been associated with this company since 9 years 4 months .

    17 Oct 2015

  • Charges

    A charge with Indian Overseas Bank of Rs. 10.60 Cr registered on 23 Mar 2007 with Charge ID 10045638 was modified on 12 Sep 2013.

    12 Sep 2013

Frequently asked questions

  • What is the Incorporation or founding date of Promas Engineers Private Limited?

    Promas Engineers Private Limited was incorporated on 02 Mar 2005.

  • What is authorized share capital and paid-up capital of Promas Engineers Private Limited?

    The authorized share capital of Promas Engineers Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 7.48 M.

  • Who are the current board members & directors of Promas Engineers Private Limited?

    Currently 3 directors are associated with Promas Engineers Private Limited.

    • Balasaheb Babanrao Gatkal
    • Vandana Balasaheb Gatkal
    • Akshay Anilkumar Aher
  • What is the registered address of Promas Engineers Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Promas Engineers Private Limited is Promas House Plot No. R-967, Ttc Industrial Area Midc Rabale, Navi Mumbai, Maharashtra, India, 400701.

  • What is the corporate identification number (CIN) and company number of Promas Engineers Private Limited?

    The corporate identification number (CIN) of Promas Engineers Private Limited is U29100MH2005PTC151708 and the company number is 151708 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Promas Engineers Private Limited?

    The Official website of Promas Engineers Private Limited is https://www.promasengineers.com

  • What has been the recent revenue trend for Promas Engineers Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Promas Engineers Private Limited has fallen by -28.35%.

  • What change has been observed in the net worth of Promas Engineers Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Promas Engineers Private Limited has experienced an upsurge of 28.10%.

  • What are the total open charges for Promas Engineers Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Promas Engineers Private Limited amount to ₹ 37.87 Cr.

  • When was the last Balance Sheet of Promas Engineers Private Limited filed with the ROC?

    The most recent Balance Sheet for Promas Engineers Private Limited was filed with the ROC on 31 Mar 2023.

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