Promptec Renewable Energy Solutions Private Limited

Manufactures LED lights, solar lighting systems, and power electronics products.

2008 | Bangaluru, Karnataka (India) | Merged
Last Updated:

Promptec Renewable Energy Solutions Profile

Key Indicators

  • Authorised Capital ₹ 3.55 Cr
  • Paid Up Capital ₹ 2.64 Cr
  • Company Age 16 Year, 8 Months
  • Last Filing with ROC 31 Mar 2019
  • Satisfied Charges ₹ 44.25 Cr
  • Revenue Growth -34.95%
  • Profit Growth -235.04%
  • Ebitda -48.03%
  • Net Worth -29.00%
  • Total Assets -38.88%

About Promptec Renewable Energy Solutions

Promptec Renewable Energy Solutions Private Limited (PRESPL) is Amalgamated company established on 04 Sep 2008 with its office registered at Bangaluru, Karnataka, India and has been running since 16 Year, 8 Months with a paid up capital of 2.64 Cr. According to MCA records, 3 Directors are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40108KA2008PTC047683

  • Company No.

    047683

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Sep 2008

  • Date of AGM

    23 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Electronics & Durables

What products or services does Promptec Renewable Energy Solutions Private Limited offer?

Promptec Renewable Energy Solutions Private Limited offers a wide range of products and services, including Indoor Lights & Lighting Accessories, LED Lights, Electrical & Signaling Contractors, Lighting Service, Solar & Renewable Energy Products, Solar Charge Controller, Street Lights, LED Street Light, Flood Lights, LED Floodlight.

Company report

Promptec Renewable Energy Solutions Private Limited

Explore comprehensive data for Promptec Renewable Energy Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Promptec Renewable Energy Solutions?

Board Members (3)

NameDesignationAppointment DateStatus
Surjit Gupta Country flag representing In Director 03-Jul-2018Current
Ameet Gupta Country flag representing In Director 15-May-2015Current
Rajiv Goel Country flag representing In Director 15-May-2015Current

Financial Performance of Promptec Renewable Energy Solutions.

Promptec Renewable Energy Solutions Private Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 34.95% decrease. The company also saw a substantial fall in profitability, with a 235.04% decrease in profit. The company's net worth observed a substantial decline by a decrease of 29%.

Promptec Renewable Energy Solutions revenue growth over time
Promptec Renewable Energy Solutions 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
-34.95%
Revenue from Operations
-34.87%
Total Assets
-38.88%
Profit or Loss
-235.04%
Net Worth
-29.00%
EBITDA
-48.03%

What is the Ownership and Shareholding Structure of Promptec Renewable Energy Solutions?

In 2018, Promptec Renewable Energy Solutions 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

₹0

Satisfied Charges

₹44.25 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 35.00 Cr
  • State Bank Of Mysore : 7.00 Cr
  • Small Industries Development Bank Of India : 2.25 Cr

Latest Charge Details

DateLenderAmountStatus
22 Jul 2015Yes Bank Limited₹35.00 CrSatisfied
26 Dec 2012Small Industries Development Bank Of India₹2.00 CrSatisfied
19 Aug 2009Small Industries Development Bank Of India₹2.50 MSatisfied
15 Jun 2009State Bank Of Mysore₹7.00 CrSatisfied

How Many Employees Work at Promptec Renewable Energy Solutions?

Promptec Renewable Energy Solutions has a workforce of 8 employees as of Apr 04, 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.

Employee growth trends for Promptec Renewable Energy Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Promptec Renewable Energy Solutions, 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 Promptec Renewable Energy Solutions'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 Promptec Renewable Energy Solutions

Recent activity within the organization

  • Annual General Meeting

    Promptec Renewable Energy Solutions Private Limited last Annual general meeting of members was held on 23 Sep 2019 as per latest MCA records.

  • Charges

    A charge registered on 22 Jul 2015 via Charge ID 10594419 with Yes Bank Limited was fully satisfied on 27 May 2019.

  • Balance Sheet

    Promptec Renewable Energy Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore.

  • Director Appointment

    Surjit Kumar Gupta was appointed as a Director was appointed as a Director on 03 Jul 2018 & has been associated with this company since 6 years 10 months .

  • Charges

    A charge with Yes Bank Limited of Rs. 35.00 Cr registered on 22 Jul 2015 with Charge ID 10594419 was modified on 20 Aug 2016.

  • Charges

    A charge registered on 19 Aug 2009 via Charge ID 10172431 with Small Industries Development Bank Of India was fully satisfied on 01 Jan 2016.

Frequently asked questions

  • What is the Incorporation or founding date of Promptec Renewable Energy Solutions Private Limited?

    Promptec Renewable Energy Solutions Private Limited was incorporated on 04 Sep 2008.

  • What is authorized share capital and paid-up capital of Promptec Renewable Energy Solutions Private Limited?

    The authorized share capital of Promptec Renewable Energy Solutions Private Limited is ₹ 3.55 Cr and paid-up capital is ₹ 2.64 Cr.

  • Who are the current board members & directors of Promptec Renewable Energy Solutions Private Limited?

    Currently 3 directors are associated with Promptec Renewable Energy Solutions Private Limited.

    • Surjit Kumar Gupta
    • Ameet Kumar Gupta
    • Rajiv Goel
  • What is the registered address of Promptec Renewable Energy Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Promptec Renewable Energy Solutions Private Limited is Shibrafarms Nagasandramainroad8Thmile, Tumkurroad India, Bangalore, Karnataka, 560073.

  • What is the corporate identification number (CIN) and company number of Promptec Renewable Energy Solutions Private Limited?

    The corporate identification number (CIN) of Promptec Renewable Energy Solutions Private Limited is U40108KA2008PTC047683 and the company number is 047683 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Promptec Renewable Energy Solutions Private Limited?

    The Official website of Promptec Renewable Energy Solutions Private Limited is https://www.promptec.in

  • What has been the recent revenue trend for Promptec Renewable Energy Solutions Private Limited?

    According to the financial reports for the fiscal year 2018, the revenue trend for Promptec Renewable Energy Solutions Private Limited has fallen by -34.95%.

  • How many employees does Promptec Renewable Energy Solutions Private Limited currently have?

    As Per 2018 financial reports, 8 employees are currently employed by Promptec Renewable Energy Solutions Private Limited.

  • What change has been observed in the net worth of Promptec Renewable Energy Solutions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2018 indicates that The net worth of Promptec Renewable Energy Solutions Private Limited has experienced an downturn of -29.00%.

  • When was the last Balance Sheet of Promptec Renewable Energy Solutions Private Limited filed with the ROC?

    The most recent Balance Sheet for Promptec Renewable Energy Solutions Private Limited was filed with the ROC on 31 Mar 2019.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Electronics Manufacturing