Promore Ventures Private Limited

Trading company specializing in shares and securities since 2006.

2006 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 02, 2025

Promore Ventures Profile

Key Indicators

  • Authorised Capital ₹ 8.00 M
  • Paid Up Capital ₹ 8.00 M
  • Company Age 18 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 88.78%
  • Profit Growth -30.71%
  • Ebitda 109.15%
  • Net Worth -16.86%
  • Total Assets -8.72%

About Promore Ventures

Promore Ventures Private Limited (PVPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 July 2006 and has a history of 18 years and six months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Infinity Comtrade Private Limited. The Company is engaged in the Financial Services 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 8.00 M and a paid-up capital of Rs 8.00 M, as per Ministry of Corporate Affairs (MCA) records.

Ketan Acharya, Archna Acharya, and Kruti Acharya serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51109GJ2006PTC048641

  • Company No.

    048641

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Jul 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

Who are the key members and board of directors at Promore Ventures?

Board Members (3)

Name Designation Appointment Date Status
Ketan Acharya Country flag representing In Director 06-Jul-2006 Current
Archna Acharya Country flag representing In Director 01-Dec-2022 Current
Kruti Acharya Country flag representing In Director 02-Jan-2023 Current

Financial Performance of Promore Ventures.

Promore Ventures Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 88.78% increase. The company also saw a substantial fall in profitability, with a 30.71% decrease in profit. The company's net worth observed a substantial decline by a decrease of 16.86%.

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
88.78%
Revenue from Operations
Total Assets
-8.72%
Profit or Loss
-30.71%
Net Worth
-16.86%
EBITDA
109.15%

What is the Ownership and Shareholding Structure of Promore Ventures?

In 2018, Promore Ventures had a promoter holding of 75.00% and a public holding of 25.00%. 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 Promore Ventures?

Unlock and access historical data on people associated with Promore Ventures, 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 Promore Ventures, 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 Promore Ventures'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 Promore Ventures

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Kruti Ketan Acharya was appointed as a Director was appointed as a Director on 02 Jan 2023 & has been associated with this company since 2 years 30 days .

    02 Jan 2023

  • Director Appointment

    Archna Rajendra Acharya was appointed as a Director was appointed as a Director on 01 Dec 2022 & has been associated with this company since 2 years 2 months .

    01 Dec 2022

  • Director Appointment

    Ketan Acharya was appointed as a Director was appointed as a Director on 06 Jul 2006 & has been associated with this company since 18 years 6 months .

    06 Jul 2006

  • Company Incorporation

    Promore Ventures Private Limited was registered on 06 Jul 2006 with Roc Ahmedabad & aged 18 years 6 months as per MCA records.

    06 Jul 2006

Frequently asked questions

  • Promore Ventures Private Limited was incorporated on 06 Jul 2006.

  • The authorized share capital of Promore Ventures Private Limited is ₹ 8.00 M and paid-up capital is ₹ 8.00 M.

  • Currently 3 directors are associated with Promore Ventures Private Limited.

    • Ketan Acharya
    • Archna Rajendra Acharya
    • Kruti Ketan Acharya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Promore Ventures Private Limited is 508 City Centre-2 B/S Heer Party Plot Nr Shukan Mall Cross Road, Science Sola India, Daskroi, Gujarat, 380060.

  • The corporate identification number (CIN) of Promore Ventures Private Limited is U51109GJ2006PTC048641 and the company number is 048641 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Promore Ventures Private Limited has risen by 88.78%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Promore Ventures Private Limited has experienced an downturn of -16.86%.

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

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