Promition Infotech Private Limited

Provides IT services and solutions, including website and mobile app development, cloud applications, and software testing.

2017 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 13, 2025

Promition Infotech Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 7 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 336765.76%
  • Profit Growth 34271.43%
  • Ebitda -998.27%
  • Net Worth 101.48%
  • Total Assets -90.86%

About Promition Infotech

Promition Infotech Private Limited (PIPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 October 2017 (Seven years and four months 8 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Information Technology 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 1.00 M and a paid-up capital of Rs 1.00 M, as per Ministry of Corporate Affairs (MCA) records.

Jaydeep Virani and Sanket Virani serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900GJ2017PTC099300

  • Company No.

    099300

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Oct 2017

  • Date of AGM

    18 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Information Technology

Who are the key members and board of directors at Promition Infotech?

Board Members (2)

Name Designation Appointment Date Status
Sanket Virani Country flag representing In Additional Director 02-Jun-2020 Current
Jaydeep Virani Country flag representing In Director 03-Oct-2017 Current

Financial Performance of Promition Infotech.

Promition Infotech Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 336765.76% increase. The company also saw a substantial improvement in profitability, with a 34271.43% increase in profit. The company's net worth Soared by an impressive increase of 101.48%.

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
336765.76%
Revenue from Operations
Total Assets
-90.86%
Profit or Loss
34271.43%
Net Worth
101.48%
EBITDA
-998.27%

What is the Ownership and Shareholding Structure of Promition Infotech?

In 2018, Promition Infotech had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Promition Infotech?

Unlock and access historical data on people associated with Promition Infotech, 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 Promition Infotech, 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 Promition Infotech'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 Promition Infotech

Recent activity within the organization

  • Annual General Meeting

    Promition Infotech Private Limited last Annual general meeting of members was held on 18 Sep 2024 as per latest MCA records.

    18 Sep 2024

  • Balance Sheet

    Promition Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Sanket Jayantilal Virani was appointed as a Additional Director was appointed as a Additional Director on 02 Jun 2020 & has been associated with this company since 4 years 8 months .

    02 Jun 2020

  • Director Appointment

    Jaydeep Jayantilal Virani was appointed as a Director was appointed as a Director on 03 Oct 2017 & has been associated with this company since 7 years 4 months .

    03 Oct 2017

  • Company Incorporation

    Promition Infotech Private Limited was registered on 03 Oct 2017 with Roc Ahmedabad & aged 7 years 4 months as per MCA records.

    03 Oct 2017

Frequently asked questions

  • Promition Infotech Private Limited was incorporated on 03 Oct 2017.

  • The authorized share capital of Promition Infotech Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Promition Infotech Private Limited.

    • Jaydeep Jayantilal Virani
    • Sanket Jayantilal Virani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Promition Infotech Private Limited is I-201, Garden Residency 1 Bopal India, Daskroi, Gujarat, 380058.

  • The corporate identification number (CIN) of Promition Infotech Private Limited is U72900GJ2017PTC099300 and the company number is 099300 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Promition Infotech Private Limited is https://www.promition.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Promition Infotech Private Limited has risen by 336765.76%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Promition Infotech Private Limited has experienced an upsurge of 101.48%.

  • The most recent Balance Sheet for Promition Infotech Private Limited was filed with the ROC on 31 Mar 2024.

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