Promas Engineers Private Limited - Company overview

Promas Engineers was incorporated on 2 March 2005 and is registered with ROC Mumbai.

2005-03-02 Navi Mumbai, Maharashtra Active Unlisted Active Non-Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹10–25 Cr
▼ -28.3%
FY 2023
PROFIT / LOSS
₹50 Lakh–1 Cr
▼ -13.5%
FY 2023
EBITDA
₹1–5 Cr
▲ 49.0%
FY 2023
NET WORTH
₹1–5 Cr
▲ 28.1%
FY 2023
TOTAL ASSETS
₹25–50 Cr
▼ -0.2%
FY 2023
OPEN CHARGES
3
37.87 cr
PAID-UP CAPITAL
74.83 Lakh
AUTHORISED CAPITAL
1.00 cr
COMPANY AGE
21 Years 8 Months
since 2005-03-02
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-30
ACTIVE GST
1
Updated: 2024-04-24 23:23:39
TOTAL MONEY RAISED
₹50 Lakh–1 Cr
SATISFIED CHARGES
-
-

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Promas Engineers covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
66/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (41), financial health (65), director (95) and company-foundation signals.
  • Operating for 21+ years.
Compliance Score High risk
41/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Marked ACTIVE non-compliant (INC-22A not filed).
Financial Health Score Moderate
65/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2023.
  • Positive net worth.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 3 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Promas Engineers Company identity, industry, contact, and registration details from MCA and company records.

Promas Engineers was incorporated on 2 March 2005 and is registered with ROC Mumbai. It is an active private limited company, now about 21 years old. Its registered office is at Promas House, Plot No. R-967, Ttc Industrial Area, Midc, Rabale, Navi Mumbai, Maharashtra.

Its filings describe the main line of business as electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment, which made up 100% of turnover.

It has three directors: Vandana Balasaheb Gatkal, Akshay Anilkumar Aher and Balasaheb Babanrao Gatkal. The longest-serving is Vandana Balasaheb Gatkal, on the board since 2005; the most recent to join is Akshay Anilkumar Aher, appointed in October 2015. Three former directors are on record; the most recent to leave was Mary Magdaline Pereira in October 2016. Between them, the directors also sit on the boards of 5 other companies, including Chemac Equipments Private Limited and Promas Research Laboratories Private Limited.

Paid-up capital stands at ₹74.83 lakh out of ₹1 crore authorised. The last AGM on record was on 30 September 2024, for accounts made up to 31 March 2024. Nothing newer than 2024 shows up here, so it is worth checking the MCA portal for later filings. Three charges (secured loans) are still open, with Indian Overseas Bank among the lenders.

Machinery and Equipment ••••••••
  • Location Promas House, Plot No. R-967, Ttc Industrial Area,Midc, Rabale,, Navi Mumbai, Maharashtra - 400701
  • Website promasengineers.com
Legal NamePromas Engineers Private Limited
CIN / LLPINU29100MH2005PTC151708
Company No.151708
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2005-03-02
Date of AGM2024-09-30
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai
Credit RatingBB- (Crisil)
PAN
LEI Number
Active ComplianceActive Non-Compliant

Current Directors of Promas Engineers (3) Current board members from MCA filings, including designation and appointment details.

V
Director | Since 2005-03-02 | DIN: 02209786
A
Director | Since 2015-10-17 | DIN: 07318803
B
Director | Since 2008-04-01 | DIN: 02000669

Financial Performance of Promas Engineers Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹10–25 Cr ▼ -28.3%
P&L ₹50 Lakh–1 Cr ▼ -13.5%
EBITDA ₹1–5 Cr ▲ 49.0%
Net worth ₹1–5 Cr ▲ 28.1%

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Charges of Promas Engineers Open and satisfied charges registered against the company with MCA.

Indian Overseas Bank : 37.87 cr
Open Charges: 3 Satisfied Charges: 0
Open 37.87 cr
Satisfied 0
LenderAmountStatus
Indian Overseas Bank
Creation Date: 23 Jul 2011
12.32 cr Open
Indian Overseas Bank
Creation Date: 23 Mar 2007
10.60 cr Open
Indian Overseas Bank
Creation Date: 12 May 2006
14.95 cr Open

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ManufacturingElectrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment100

Companies With Common Directors Of Promas Engineers Other companies that share directors with this entity, based on MCA and compliance network data.

Financial Ratios of Promas Engineers Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

9 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Promas Engineers Ownership and contribution detail from filings. Full breakdown unlocks with your report.

8 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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GST Compliance of Promas Engineers GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Promas Engineers Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Promas Engineers MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Promas Engineers Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Promas Engineers Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Promas Engineers?
MCA does not publish an "owner" field. Promas Engineers is run by its directors, Vandana Balasaheb Gatkal, Akshay Anilkumar Aher and Balasaheb Babanrao Gatkal. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Promas Engineers?
Promas Engineers has three current directors: Vandana Balasaheb Gatkal (since March 2005), Akshay Anilkumar Aher (since October 2015) and Balasaheb Babanrao Gatkal (since April 2008).
What is CIN of Promas Engineers?
The CIN of Promas Engineers is U29100MH2005PTC151708. Reading it left to right: U means it is not listed, 29100 is the industry code it registered under, MH is Maharashtra, 2005 is the year it was registered, PTC is the company type and 151708 is its registration number.
When was Promas Engineers incorporated?
Promas Engineers was incorporated on 2 March 2005 with ROC Mumbai. That makes it about 21 years old.
What is the registered address of Promas Engineers?
The registered office on MCA records is Promas House, Plot No. R-967, Ttc Industrial Area, Midc, Rabale, Navi Mumbai, Maharashtra - 400701.
What is the current status of Promas Engineers?
MCA shows Promas Engineers as Active, and its last AGM on record was in September 2024.
What is the contact number or email for Promas Engineers?
You can post to its registered office at Promas House, Plot No. R-967, Ttc Industrial Area, Midc, Rabale, Navi Mumbai, Maharashtra - 400701 and use its website, https://promasengineers.com.
What industry or business activity is Promas Engineers associated with?
Its MCA filings list the main business as electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment (100% of turnover).
What is paid-up capital and authorised share capital of Promas Engineers?
Paid-up capital is ₹74.83 lakh and authorised capital is ₹1 crore, so about 75% of the authorised amount has been issued.
When did Promas Engineers last file accounts and hold an AGM?
The last AGM on record was on 30 September 2024, and the latest balance sheet is for the year ending 31 March 2024. Nothing newer than 2024 shows up, so check the MCA portal for later filings.
Where can I see charges and lenders for Promas Engineers?
Three charges against Promas Engineers are still open. Lenders named in the filings include Indian Overseas Bank.
Have any directors left Promas Engineers?
Yes, three former directors are on record. The most recent to leave were Mary Magdaline Pereira (October 2016), James Martin Pareira (October 2016) and Sunil Sudhakar Shinde (January 2010).
Which companies share directors with Promas Engineers?
5 companies share directors with Promas Engineers. Among them are Chemac Equipments Private Limited, Promas Research Laboratories Private Limited, Insteel Engineers Limited and 2 more.
What is the turnover or revenue of Promas Engineers?
Based on filed financial statements, the revenue of Promas Engineers for FY 2023 was in the ₹10–25 Cr range. That is down 28.3% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Promas Engineers?
For FY 2023, the net worth of Promas Engineers was in the ₹1–5 Cr range.
How can I get the financial details of Promas Engineers?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Promas Engineers?
The website on record for Promas Engineers is https://promasengineers.com.
Which company owns promasengineers.com?
promasengineers.com is the website listed for Promas Engineers Private Limited in its company records.
Promas Engineers - is it listed or unlisted?
Promas Engineers is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Promas Engineers?
Promas Engineers is registered with ROC Mumbai.
What is the company classification of Promas Engineers?
MCA classifies Promas Engineers as: Private Limited Indian Non-Government Company.
Does Promas Engineers have GST registrations on file?
Yes, one active GST registration is linked to Promas Engineers.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.