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ActiveKarnatakaSince 1972

Promac Engineering Industries Limited

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Set up in 1972. It has pledged its assets against loans of up to ₹243.19 crore from 4 lenders.

CINU24210KA1972PLC002255
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53 years at a glance

Loans against its assets, and when today's people joined

197419761978198019821984198619881990199219941996199820002002200420062008201020122014201620182020202220242026LOANS AGAINST ITS ASSETSTODAY'S PEOPLE, WHEN THEY JOINEDRegistered as a companyState Bank of India, up to ₹3.5 crore, 6 Sept 2006 to 31 Aug 2012State Bank of India, up to ₹37 crore, 6 Sept 2006 to still openState Bank of India, up to ₹37 crore, 6 Sept 2006 to 21 Feb 2022State Bank of India, up to ₹49.5 crore, 7 Sept 2006 to still openState Bank of India, up to ₹49.5 crore, 7 Sept 2006 to 21 Feb 2022State Bank of Trrvancore, up to ₹25 crore, 3 Dec 2007 to 2 Mar 2009Axis Bank Limited, up to ₹43.75 crore, 8 Mar 2008 to 31 Dec 2022Canara Bank, up to ₹40.59 crore, 20 Mar 2008 to still openStandard Chartered Bank, up to ₹93 crore, 29 Aug 2013 to 15 Feb 2020Srei Equipment Finance Limited, up to ₹70.23 lakh, 19 Sept 2014 to 25 Aug 2021Axis Bank Limited, up to ₹11.7 lakh, 11 Jul 2016 to still openSiemens Financial Services Private Limited, up to ₹22.27 lakh, 25 Oct 2016 to 19 Jul 2021Siemens Financial Services Private Limited, up to ₹13.2 lakh, 28 Feb 2017 to 19 Jul 2021Sbi Global Factors Limited, up to ₹4.9 crore, 26 Nov 2019 to 15 Apr 2021HDFC Bank Limited, up to ₹65.7 crore, 23 Nov 2021 to still openHDFC Bank Limited, up to ₹1 crore, 19 Nov 2022 to still openHDFC Bank Limited, up to ₹14 crore, 8 Dec 2023 to still openHDFC Bank Limited, up to ₹68.21 lakh, 5 Jul 2024 to still openState Bank of India, up to ₹30 crore, 13 Nov 2024 to still openHDFC Bank Limited, up to ₹43 lakh, 12 Aug 2025 to still openState Bank of India, up to ₹1.97 crore, 6 Jun 2026 to still openHDFC Bank Limited, up to ₹2.2 crore, 22 Jul 2026 to still open
Loan still openLoan paid offSomeone joined, and is still there
  • 1972Registered as a company on 18 Oct 1972.
  • 2013Its biggest loan against assets, ₹93 crore with Standard Chartered Bank, was paid off in 2020.

Who runs it

This page does not list its directors yet. Open the company in Entiva to see who runs it on MCA's register today.

Who has lent to it

₹243.19 crorein loans backed by its assets, from 4 lenders

  • State Bank of India₹118.47 crore

    4 open loans, taken out 2006 to 2026

  • HDFC Bank Limited₹84.01 crore

    6 open loans, taken out 2021 to 2026

  • Canara Bank₹40.59 crore

    Open, taken out 20 Mar 2008

  • Axis Bank Limited₹11.7 lakh

    Open, taken out 11 Jul 2016

10 earlier loans, now paid off
  • Sbi Global Factors Limited26 Nov 2019 to 15 Apr 2021₹4.9 crore
  • Siemens Financial Services Private Limited28 Feb 2017 to 19 Jul 2021₹13.2 lakh
  • Siemens Financial Services Private Limited25 Oct 2016 to 19 Jul 2021₹22.27 lakh
  • Srei Equipment Finance Limited19 Sept 2014 to 25 Aug 2021₹70.23 lakh
  • Standard Chartered Bank29 Aug 2013 to 15 Feb 2020₹93 crore
  • Axis Bank Limited8 Mar 2008 to 31 Dec 2022₹43.75 crore
  • State Bank of Trrvancore3 Dec 2007 to 2 Mar 2009₹25 crore
  • State Bank of India7 Sept 2006 to 21 Feb 2022₹49.5 crore
  • State Bank of India6 Sept 2006 to 31 Aug 2012₹3.5 crore
  • State Bank of India6 Sept 2006 to 21 Feb 2022₹37 crore

What its filings add

Promac Engineering Industries files these with the registrar. Entiva fetches and reads them for you.

  • Every year · AOC-4

    Revenue, profit and the balance sheet

    Its financial statements, year by year.

  • Every year · MGT-7

    Who owns it

    Its shareholders, and how much each one owns.

  • Each loan · CHG-1

    Each loan in detail

    The terms, and which assets back each loan.

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The details on this page come from public records, including MCA's register of companies as Entiva read it on . Things may have changed since. A loan amount is the most the lender can claim against the company's assets, not what is still owed.