Promkraft India Private Limited

Manufactures modular kitchen and parts, including shutters, beds, and drawer trolleys.

2012 | Thane, Maharashtra (India) | Active
Last Updated: November 16, 2024

Promkraft India Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 12 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.20 Cr
  • Satisfied Charges ₹ 3.03 Cr
  • Revenue Growth -16.95%
  • Profit Growth -121.53%
  • Ebitda -185.73%
  • Net Worth -37.47%
  • Total Assets -8.81%

About Promkraft India

Promkraft India Private Limited (PIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 March 2012 and has a history of 12 years and 11 months. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Kitchen Kraft Moduler Systems Private Limited. The Company is engaged in the Consumer Goods 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 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹3.20 Cr. The company has closed loans amounting to ₹3.03 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sandeep Joshi, Sayali Joshi, Abhijit Saigaonkar, and Five other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74110MH2012PTC228210

  • Company No.

    228210

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Mar 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods

Who are the key members and board of directors at Promkraft India?

Board Members (8)

Name Designation Appointment Date Status
Tushar Joshi Country flag representing In Director 30-Sep-2018 Current
Sandeep Joshi Country flag representing In Director 15-Mar-2012 Current
Sayali Joshi Country flag representing In Director 15-Mar-2012 Current
Abhijit Saigaonkar Country flag representing In Director 15-Mar-2012 Current
Vanita Salvi Country flag representing In Director 04-Sep-2012 Current
Sonali Joshi Country flag representing In Director 30-Sep-2018 Current

Financial Performance of Promkraft India.

Promkraft India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.95% decrease. The company also saw a substantial fall in profitability, with a 121.53% decrease in profit. The company's net worth observed a substantial decline by a decrease of 37.47%.

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
-16.95%
Revenue from Operations
-16.94%
Total Assets
-8.81%
Profit or Loss
-121.53%
Net Worth
-37.47%
EBITDA
-185.73%

What is the Ownership and Shareholding Structure of Promkraft India?

In 2023, Promkraft India 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)

Open Charges

₹3.20 Cr

Satisfied Charges

₹3.03 Cr

Charges Breakdown by Lending Institutions

  • Others : 3.20 Cr

Latest Charge Details

Date Lender Amount Status
06 Jan 2018 Others ₹5.00 M Open
23 Jun 2016 Others ₹2.70 Cr Open
26 Dec 2012 Dombivli Nagari Sahakari Bank Ltd ₹2.06 M Satisfied
12 Dec 2012 Dombivali Nagari Sahakari Bank Limited ₹2.82 Cr Satisfied

How Many Employees Work at Promkraft India?

Promkraft India has a workforce of 20 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Promkraft India, 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 Promkraft India'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 Promkraft India

Recent activity within the organization

  • Annual General Meeting

    Promkraft India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Promkraft India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 2.70 Cr registered on 23 Jun 2016 with Charge ID 100038610 was modified on 06 Jul 2021.

    06 Jul 2021

  • Director Appointment

    Pranjali Abhijit Saigaonkar was appointed as a Director was appointed as a Director on 01 Mar 2020 & has been associated with this company since 4 years 11 months .

    01 Mar 2020

  • Charges

    A charge registered on 26 Dec 2012 via Charge ID 10401161 with Dombivli Nagari Sahakari Bank Ltd was fully satisfied on 30 May 2019.

    30 May 2019

  • Charges

    A charge registered on 12 Dec 2012 via Charge ID 10401155 with Dombivali Nagari Sahakari Bank Limited was fully satisfied on 30 May 2019.

    30 May 2019

Frequently asked questions

  • Promkraft India Private Limited was incorporated on 15 Mar 2012.

  • The authorized share capital of Promkraft India Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 8 directors are associated with Promkraft India Private Limited.

    • Sandeep Naresh Joshi
    • Sayali Sandeep Joshi
    • Abhijit Ulhas Saigaonkar
    • Vanita Mohan Salvi
    • Sonali Tushar Joshi
    • Pranjali Abhijit Saigaonkar
    • Ankur Nishikant Chaudhari
    • Tushar Naresh Joshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Promkraft India Private Limited is A/104-105 Laxman Smruti Shrikhande Wadi Nerurkar Road, Dombivali East India, Thane, Maharashtra, 421201.

  • The corporate identification number (CIN) of Promkraft India Private Limited is U74110MH2012PTC228210 and the company number is 228210 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Promkraft India Private Limited is https://www.promkraftinterior.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Promkraft India Private Limited has fallen by -16.95%.

  • As Per 2023 financial reports, 20 employees are currently employed by Promkraft India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Promkraft India Private Limited has experienced an downturn of -37.47%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Promkraft India Private Limited amount to ₹ 3.20 Cr.

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