
Promise Economics Private Limited
Specializes in trading pulses and ragi for Promise Economics Private Limited.
Specializes in trading pulses and ragi for Promise Economics Private Limited.
Promise Economics Private Limited (PEPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 July 2018 (Six years and eight months 3 days old ). Its registered office is in Namakkal, Tamil Nadu, India.
The Company is engaged in the Food And Beverages 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.
David Jayakumar and Shanmugam Senthilraja serve as directors at the Company.
Namakkal, Tamil Nadu, India
+91-XXXXXXXXXX
-
U01229TZ2018PTC030670
030670
Private Limited Indian Non-Government Company
02 Jul 2018
30 Dec 2023
31 Mar 2023
Unlisted
Roc Coimbatore
Name | Designation | Appointment Date | Status |
---|---|---|---|
David Jayakumar ![]() | Director | 18-Aug-2021 | Current |
Shanmugam Senthilraja ![]() | Whole-Time Director | 15-Dec-2022 | Current |
Promise Economics Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 20.86% increase. The company also saw a substantial improvement in profitability, with a 39.83% increase in profit. The company's net worth moved up by a moderate rise of 6.92%.
Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
---|---|---|---|---|---|---|---|
Total Revenue |
| ||||||
Revenue from Operations |
| ||||||
Total Assets |
| ||||||
Profit or Loss |
| ||||||
Net Worth |
| ||||||
EBITDA |
|
In 2020, Promise Economics had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
David Jayakumar is a mutual person
There are no open charges registered against the company as per our records.
Unlock and access historical data on people associated with Promise Economics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Gain comprehensive insights into the Deals and Valuation data of Promise Economics, 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 Promise Economics's trajectory.
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.
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.
Promise Economics Private Limited last Annual general meeting of members was held on 30 Dec 2023 as per latest MCA records.
Promise Economics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
Shanmugam Senthilraja was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 15 Dec 2022 & has been associated with this company since 2 years 2 months .
David Jayakumar was appointed as a Director was appointed as a Director on 18 Aug 2021 & has been associated with this company since 3 years 6 months .
Promise Economics Private Limited was registered on 02 Jul 2018 with Roc Coimbatore & aged 6 years 8 months as per MCA records.
Promise Economics Private Limited was incorporated on 02 Jul 2018.
The authorized share capital of Promise Economics Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.
Currently 2 directors are associated with Promise Economics Private Limited.
As per Ministry of Corporate Affairs (Mca), the registered address of Promise Economics Private Limited is Door No.167/2 Plot-M.I 130 Housing Board Colony Nearby Sankiri R.S., India, Salem, Tamil Nadu, 637302.
The corporate identification number (CIN) of Promise Economics Private Limited is U01229TZ2018PTC030670 and the company number is 030670 as per Ministry of Corporate Affairs (MCA).
According to the financial reports for the fiscal year 2020, the revenue trend for Promise Economics Private Limited has risen by 20.86%.
The financial reports for the fiscal year 2020 indicates that The net worth of Promise Economics Private Limited has experienced an upsurge of 6.92%.
The most recent Balance Sheet for Promise Economics Private Limited was filed with the ROC on 31 Mar 2023.
EN
KT
KM