Promises Instruments Profile
Key Indicators
- Authorised Capital ₹ 5.50 M
- Paid Up Capital ₹ 0.94 M
- Company Age 30 Year, 12 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.00 M
- Satisfied Charges ₹ 1.45 Cr
- Revenue Growth -22.88%
- Profit Growth -7.38%
- Ebitda -21.67%
- Net Worth 4.20%
- Total Assets 1.28%
About Promises Instruments
Promises Instruments Pvt Ltd (PIPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 February 1995 and has a history of 30 years. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as Gbm Business Machines Private Limted. The Company is engaged in the Consumer Electronics & Durables 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 5.50 M and a paid-up capital of Rs 0.94 M.
The company currently has active open charges totaling ₹1.00 M. The company has closed loans amounting to ₹1.45 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shalini Bhatia, Manoj Bhatia, and Rishabh Bhatia serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17111WB1995PTC068457
- Company No.
068457
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Feb 1995
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Consumer Electronics & Durables
What products or services does Promises Instruments Pvt Ltd offer?
Promises Instruments Pvt Ltd offers a wide range of products and services, including Home Audio Speaker, Multimedia Speaker, Home Theater.
Who are the key members and board of directors at Promises Instruments?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shalini Bhatia  | Director | 25-Jun-2007 | Current |
| Manoj Bhatia | Director | 17-Feb-1995 | Current |
| Rishabh Bhatia | Additional Director | 14-Feb-2019 | Current |
Financial Performance of Promises Instruments.
Promises Instruments Pvt Ltd, for the financial year ended 2019, experienced significant reduction in revenue, with a 22.88% decrease. The company also saw a slight decrease in profitability, with a 7.38% decrease in profit. The company's net worth moved up by a moderate rise of 4.2%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Promises Instruments?
In 2019, Promises Instruments 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)
- Megatown Enclave Pvt Ltd
Shalini Bhatia and Manoj Bhatia are mutual person
Charges (Loans)
Open Charges
₹1.00 M
Satisfied Charges
₹14.50 M
Charges Breakdown by Lending Institutions
- Others : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jul 2016 | Others | ₹1.00 M | Open |
| 13 Jul 2016 | Others | ₹1.00 Cr | Satisfied |
| 20 Sep 2004 | The Karur Vysya Bank Ltd. | ₹4.50 M | Satisfied |
How Many Employees Work at Promises Instruments?
Unlock and access historical data on people associated with Promises Instruments, 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 Promises Instruments, 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 Promises Instruments'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 Promises Instruments
Recent activity within the organization
- Annual General Meeting
Promises Instruments Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
30 Sep 2024
- Balance Sheet
Promises Instruments Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
31 Mar 2024
- Charges
A charge registered on 20 Sep 2004 via Charge ID 90246371 with The Karur Vysya Bank Ltd. was fully satisfied on 21 Oct 2021.
21 Oct 2021
- Director Appointment
Rishabh Bhatia was appointed as a Additional Director was appointed as a Additional Director on 14 Feb 2019 & has been associated with this company since 6 years 15 days .
14 Feb 2019
- Charges
A charge registered on 13 Jul 2016 via Charge ID 100042135 with Others was fully satisfied on 12 Feb 2019.
12 Feb 2019
- Charges
A charge with Others amounted to Rs. 1.00 M with Charge ID 100044631 was registered on 20 Jul 2016.
20 Jul 2016
Frequently asked questions
What is the Incorporation or founding date of Promises Instruments Pvt Ltd?
Promises Instruments Pvt Ltd was incorporated on 17 Feb 1995.
What is authorized share capital and paid-up capital of Promises Instruments Pvt Ltd?
The authorized share capital of Promises Instruments Pvt Ltd is ₹ 5.50 M and paid-up capital is ₹ 0.94 M.
Who are the current board members & directors of Promises Instruments Pvt Ltd?
Currently 3 directors are associated with Promises Instruments Pvt Ltd.
- Shalini Bhatia
- Manoj Bhatia
- Rishabh Bhatia
What is the registered address of Promises Instruments Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Promises Instruments Pvt Ltd is 45 Shakespeare Sarani India, Kolkata, West Bengal, 700017.
What is the corporate identification number (CIN) and company number of Promises Instruments Pvt Ltd?
The corporate identification number (CIN) of Promises Instruments Pvt Ltd is U17111WB1995PTC068457 and the company number is 068457 as per Ministry of Corporate Affairs (MCA).
What is the official website of Promises Instruments Pvt Ltd?
The Official website of Promises Instruments Pvt Ltd is https://www.promises.co.in
What has been the recent revenue trend for Promises Instruments Pvt Ltd?
According to the financial reports for the fiscal year 2019, the revenue trend for Promises Instruments Pvt Ltd has fallen by -22.88%.
What change has been observed in the net worth of Promises Instruments Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2019 indicates that The net worth of Promises Instruments Pvt Ltd has experienced an upsurge of 4.20%.
What are the total open charges for Promises Instruments Pvt Ltd?
As per the financial statements for fiscal Year 2019, The total open charges for Promises Instruments Pvt Ltd amount to ₹ 1.00 M.
When was the last Balance Sheet of Promises Instruments Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Promises Instruments Pvt Ltd was filed with the ROC on 31 Mar 2024.