Prowis Products Limited

Manufactures and trades various petroleum products and chemicals for multiple industries.

1996 | Mumbai, Maharashtra (India) | Inactive
Last Updated: February 17, 2025

Prowis Products Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 28 Year, 10 Months
  • Last Filing with ROC 31 Mar 2020
  • Satisfied Charges ₹ 4.30 Cr
  • Revenue Growth -97.59%
  • Profit Growth -959.19%
  • Ebitda -1568.11%
  • Net Worth -41.45%
  • Total Assets 8.53%

About Prowis Products

Prowis Products Limited (PPL) is Strike Off company established on 10 Apr 1996 with its office registered at Mumbai, Maharashtra, India and has been running since 28 Year, 10 Months with a paid up capital of 2.00 Cr. According to MCA records, 6 Directors are linked to this company as of 17 Feb 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U23200MH1996PLC098745

  • Company No.

    098745

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Apr 1996

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

Who are the key members and board of directors at Prowis Products?

Board Members (6)

NameDesignationAppointment DateStatus
Yogin Porecha Country flag representing In Director 10-Apr-1996Current
Nalin Nanavati Country flag representing In Director 01-Dec-1997Current
Surendra Asher Country flag representing In Director 10-Apr-1996Current
Rajesh Anjaria Country flag representing In Director 01-Dec-1997Current
Viren Nanavati Country flag representing In Director 01-Dec-1997Current
Uday Nanavati Country flag representing In Director 10-Apr-1996Current

Financial Performance of Prowis Products.

Prowis Products Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 97.59% decrease. The company also saw a substantial fall in profitability, with a 959.19% decrease in profit. The company's net worth observed a substantial decline by a decrease of 41.45%.

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
-97.59%
Revenue from Operations
Total Assets
8.53%
Profit or Loss
-959.19%
Net Worth
-41.45%
EBITDA
-1568.11%

What is the Ownership and Shareholding Structure of Prowis Products?

In 2017, Prowis Products 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

₹4.30 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 4.30 Cr

Latest Charge Details

DateLenderAmountStatus
12 Mar 1997State Bank Of India₹1.50 CrSatisfied
06 Jul 1996State Bank Of India₹2.80 CrSatisfied

How Many Employees Work at Prowis Products?

Unlock and access historical data on people associated with Prowis Products, 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 Prowis Products, 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 Prowis Products'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 Prowis Products

Recent activity within the organization

  • Charges

    A charge registered on 12 Mar 1997 via Charge ID 90159589 with State Bank Of India was fully satisfied on 23 Nov 2021.

    23 Nov 2021

  • Annual General Meeting

    Prowis Products Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Balance Sheet

    Prowis Products Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai.

    31 Mar 2020

  • Charges

    A charge registered on 06 Jul 1996 via Charge ID 90159542 with State Bank Of India was fully satisfied on 11 Sep 2004.

    11 Sep 2004

  • Charges

    A charge with State Bank Of India of Rs. 2.80 Cr registered on 06 Jul 1996 with Charge ID 90159542 was modified on 10 Jul 2004.

    10 Jul 2004

  • Charges

    A charge with State Bank Of India of Rs. 1.50 Cr registered on 12 Mar 1997 with Charge ID 90159589 was modified on 29 Nov 1999.

    29 Nov 1999

Frequently asked questions

  • Prowis Products Limited was incorporated on 10 Apr 1996.

  • The authorized share capital of Prowis Products Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 6 directors are associated with Prowis Products Limited.

    • Surendra Ajitsinh Asher
    • Yogin Laxmidas Porecha
    • Rajesh Chandrakant Anjaria
    • Viren Bipin Nanavati
    • Uday Jaswantsinh Nanavati
    • Nalin Jaswantsinh Nanavati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prowis Products Limited is 5/7 Syed Mukri Streetmasjid Bandar India, Mumbai, Maharashtra, 400009.

  • The corporate identification number (CIN) of Prowis Products Limited is U23200MH1996PLC098745 and the company number is 098745 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Prowis Products Limited has fallen by -97.59%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Prowis Products Limited has experienced an downturn of -41.45%.

  • The most recent Balance Sheet for Prowis Products Limited was filed with the ROC on 31 Mar 2020.

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