Promech Industries Profile
Key Indicators
- Authorised Capital ₹ 2.10 Cr
- Paid Up Capital ₹ 1.80 Cr
- Company Age 13 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.59 Cr
- Revenue Growth 27.80%
- Profit Growth -14.89%
- Ebitda -6.84%
- Net Worth 16.43%
- Total Assets 9.53%
About Promech Industries
Promech Industries Private Limited (PIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 December 2011 and has a history of 13 years and two months. Its registered office is in Coimbatore, Tamil Nadu, 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 2.10 Cr and a paid-up capital of Rs 1.80 Cr.
The company currently has active open charges totaling ₹6.59 Cr.
Kulliah Subburaj, Sannasi Gandhinathan, and Eswaramoorthy Sathiskumar serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29308TZ2011PTC017714
- Company No.
017714
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Dec 2011
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
What products or services does Promech Industries Private Limited offer?
Promech Industries Private Limited offers a wide range of products and services, including Food Grains & Nut Processing Machine, Color Sorting Equipment, Pulses Processing Machine, Measuring Equipments & Instruments, Moisture Meter, Machines & Equipments, Industrial Machinery, Cashew Processing Machine, Separators, Strainers & Purifiers, Separating Machine.
Who are the key members and board of directors at Promech Industries?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kulliah Subburaj  | Director | 21-Dec-2011 | Current |
| Sannasi Gandhinathan | Director | 21-Dec-2011 | Current |
| Eswaramoorthy Sathiskumar | Director | 21-Dec-2011 | Current |
Financial Performance of Promech Industries.
Promech Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.8% increase. The company also saw a substantial fall in profitability, with a 14.89% decrease in profit. The company's net worth Soared by an impressive increase of 16.43%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Promech Industries?
In 2023, Promech Industries had a promoter holding of 90.00% and a public holding of 10.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹6.59 Cr
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 6.55 Cr
- City Union Bank Limited : 0.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Sep 2021 | Hdfc Bank Limited | ₹6.55 Cr | Open |
| 30 Mar 2012 | City Union Bank Limited | ₹0.40 M | Open |
How Many Employees Work at Promech Industries?
Promech Industries has a workforce of 65 employees as of Apr 06, 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 Promech 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 Promech 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.