Promax Mineral Industries Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 11 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8.50 M
- Revenue Growth -9.67%
- Profit Growth 115.63%
- Ebitda 1385.50%
- Net Worth 4.56%
- Total Assets 1.43%
About Promax Mineral Industries
Promax Mineral Industries Private Limited (PMIPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 April 2013 and has a history of 11 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Metals And Minerals 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 1.00 Cr.
The company currently has active open charges totaling ₹8.50 M.
Anil Kadaba and Ashish Bore serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29240KA2013PTC068550
- Company No.
068550
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Apr 2013
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Metals and Minerals
Who are the key members and board of directors at Promax Mineral Industries?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anil Kadaba  | Director | 20-Mar-2018 | Current |
| Ashish Bore | Director | 19-Aug-2019 | Current |
Financial Performance of Promax Mineral Industries.
Promax Mineral Industries Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 9.67% decrease. The company also saw a substantial improvement in profitability, with a 115.63% increase in profit. The company's net worth moved up by a moderate rise of 4.56%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Promax Mineral Industries?
In 2022, Promax Mineral Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Psco Infra Projects Private LimitedAshish Bore is a mutual person
- Sra Infra Solutions Private Limited
Ashish Bore is a mutual person
Charges (Loans)
Open Charges
₹0.85 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- City Union Bank Limited : 0.50 Cr
- Others : 0.35 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Mar 2022 | City Union Bank Limited | ₹5.00 M | Open |
| 29 Aug 2018 | Others | ₹3.50 M | Open |
How Many Employees Work at Promax Mineral Industries?
Unlock and access historical data on people associated with Promax Mineral Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Promax Mineral Industries, 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 Promax Mineral Industries'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 Promax Mineral Industries
Recent activity within the organization
- Annual General Meeting
Promax Mineral Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Promax Mineral Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Charges
A charge with City Union Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100564705 was registered on 28 Mar 2022.
- Director Appointment
Ashish Balaram Bore was appointed as a Director was appointed as a Director on 19 Aug 2019 & has been associated with this company since 5 years 7 months .
- Charges
A charge with Others amounted to Rs. 0.35 Cr with Charge ID 100269482 was registered on 29 Aug 2018.
- Director Appointment
Anil Kumar Kadaba was appointed as a Director was appointed as a Director on 20 Mar 2018 & has been associated with this company since 7 years 8 days .
Frequently asked questions
What is the Incorporation or founding date of Promax Mineral Industries Private Limited?
Promax Mineral Industries Private Limited was incorporated on 15 Apr 2013.
What is authorized share capital and paid-up capital of Promax Mineral Industries Private Limited?
The authorized share capital of Promax Mineral Industries Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.
Who are the current board members & directors of Promax Mineral Industries Private Limited?
Currently 2 directors are associated with Promax Mineral Industries Private Limited.
- Anil Kumar Kadaba
- Ashish Balaram Bore
What is the registered address of Promax Mineral Industries Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Promax Mineral Industries Private Limited is Plot No 5 Ii Phase, Kiadb Kumbalagodu Industrial Area India, Bangalore, Karnataka, 560074.
What is the corporate identification number (CIN) and company number of Promax Mineral Industries Private Limited?
The corporate identification number (CIN) of Promax Mineral Industries Private Limited is U29240KA2013PTC068550 and the company number is 068550 as per Ministry of Corporate Affairs (MCA).
What is the official website of Promax Mineral Industries Private Limited?
The Official website of Promax Mineral Industries Private Limited is https://www.promaxindia.com
What has been the recent revenue trend for Promax Mineral Industries Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Promax Mineral Industries Private Limited has fallen by -9.67%.
What change has been observed in the net worth of Promax Mineral Industries Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Promax Mineral Industries Private Limited has experienced an upsurge of 4.56%.
What are the total open charges for Promax Mineral Industries Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Promax Mineral Industries Private Limited amount to ₹ 8.50 M.
When was the last Balance Sheet of Promax Mineral Industries Private Limited filed with the ROC?
The most recent Balance Sheet for Promax Mineral Industries Private Limited was filed with the ROC on 31 Mar 2023.
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