Prompt Innovations Private Limited

Design, manufacture, and trade electrical dairy equipment for milk quality testing and improvement.

2020 | Gandhi Nagar, Gujarat (India) | Active
Last Updated: January 04, 2025

Prompt Innovations Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.00 M
  • Company Age 4 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 58.93%
  • Profit Growth -20.37%
  • Ebitda 33.95%
  • Net Worth -94.54%
  • Total Assets 6.88%

About Prompt Innovations

Prompt Innovations Private Limited (PIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 16 March 2020 (Four years and 11 months 8 days old ). Its registered office is in Gandhi Nagar, Gujarat, 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 1.00 Cr and a paid-up capital of Rs 6.00 M, as per Ministry of Corporate Affairs (MCA) records.

Shreyas Mehta, Sandip Patel, Naresh Patil, and Six other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U31900GJ2020PTC113174

  • Company No.

    113174

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Mar 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

Who are the key members and board of directors at Prompt Innovations?

Board Members (9)

NameDesignationAppointment DateStatus
Ritesh Sutaria Country flag representing In Director 16-Mar-2020Current
Shreyas Mehta Country flag representing In Director 16-Mar-2020Current
Sandip Patel Country flag representing In Director 16-Mar-2020Current
Naresh Patil Country flag representing In Director 16-Mar-2020Current
Hitendra Shah Country flag representing In Director 16-Mar-2020Current
Shridhar Mehta Country flag representing In Director 16-Mar-2020Current

Financial Performance of Prompt Innovations.

Prompt Innovations Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 58.93% increase. The company also saw a substantial fall in profitability, with a 20.37% decrease in profit. The company's net worth observed a substantial decline by a decrease of 94.54%.

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
58.93%
Revenue from Operations
52.49%
Total Assets
6.88%
Profit or Loss
-20.37%
Net Worth
-94.54%
EBITDA
33.95%

What is the Ownership and Shareholding Structure of Prompt Innovations?

In 2023, Prompt Innovations had a public holding of 20.00%. 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 Prompt Innovations?

Prompt Innovations has a workforce of 15 employees as of Apr 07, 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 Prompt Innovations, 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 Prompt Innovations'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 Prompt Innovations

Recent activity within the organization

  • Annual General Meeting

    Prompt Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Prompt Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Shreyas Pravinchandra Mehta was appointed as a Director was appointed as a Director on 16 Mar 2020 & has been associated with this company since 4 years 11 months .

    16 Mar 2020

  • Director Appointment

    Sandip Chandrakant Patel was appointed as a Director was appointed as a Director on 16 Mar 2020 & has been associated with this company since 4 years 11 months .

    16 Mar 2020

  • Director Appointment

    Naresh Patil was appointed as a Director was appointed as a Director on 16 Mar 2020 & has been associated with this company since 4 years 11 months .

    16 Mar 2020

  • Director Appointment

    Hitendra Manubhai Shah was appointed as a Director was appointed as a Director on 16 Mar 2020 & has been associated with this company since 4 years 11 months .

    16 Mar 2020

Frequently asked questions

  • Prompt Innovations Private Limited was incorporated on 16 Mar 2020.

  • The authorized share capital of Prompt Innovations Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.00 M.

  • Currently 9 directors are associated with Prompt Innovations Private Limited.

    • Shreyas Pravinchandra Mehta
    • Sandip Chandrakant Patel
    • Naresh Patil
    • Hitendra Manubhai Shah
    • Shridhar Pravinchandra Mehta
    • Belaben Shridharbhai Mehta
    • Priti Shreyashbhai Mehta
    • Ritesh Ashok Sutaria
    • Smit Shridhar Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prompt Innovations Private Limited is 822/A/5 Opp. Bhandari Pack Santej, India, Kalol, Gujarat, 382721.

  • The corporate identification number (CIN) of Prompt Innovations Private Limited is U31900GJ2020PTC113174 and the company number is 113174 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prompt Innovations Private Limited is https://www.promptinnovations.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prompt Innovations Private Limited has risen by 58.93%.

  • As Per 2023 financial reports, 15 employees are currently employed by Prompt Innovations Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prompt Innovations Private Limited has experienced an downturn of -94.54%.

  • The most recent Balance Sheet for Prompt Innovations Private Limited was filed with the ROC on 31 Mar 2023.

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