Persistent Projects Private Limited

Construction and development services since 2009 in Maharashtra.

2009 | Nagpur, Maharashtra (India) | Active
Last Updated: November 16, 2024

Persistent Projects Profile

Key Indicators

  • Authorised Capital ₹ 1.70 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 15 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.40 M
  • Revenue Growth 5.55%
  • Profit Growth 64.09%
  • Ebitda 20.24%
  • Net Worth 33.20%
  • Total Assets 6.43%

About Persistent Projects

Persistent Projects Private Limited (PPPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 June 2009 and has a history of 15 years and eight months. Its registered office is in Nagpur, Maharashtra, India.

The Corporate was formerly known as Durafab Engineers Private Limited. The Company is engaged in the Real Estate And Construction 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 1.70 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹7.40 M.

Praveen Soni, Bhavana Mandhana, and Radhika Mandhana serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45400MH2009PTC193520

  • Company No.

    193520

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jun 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

Who are the key members and board of directors at Persistent Projects?

Board Members (3)

NameDesignationAppointment DateStatus
Praveen Soni Country flag representing In Director 14-Feb-2024Current
Bhavana Mandhana Country flag representing In Director 31-Jan-2017Current
Radhika Mandhana Country flag representing In Director 05-Apr-2023Current

Financial Performance of Persistent Projects.

Persistent Projects Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.55% increase. The company also saw a substantial improvement in profitability, with a 64.09% increase in profit. The company's net worth Soared by an impressive increase of 33.2%.

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
5.55%
Revenue from Operations
4.54%
Total Assets
6.43%
Profit or Loss
64.09%
Net Worth
33.20%
EBITDA
20.24%

What is the Ownership and Shareholding Structure of Persistent Projects?

In 2023, Persistent Projects 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

₹7.40 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.74 Cr

Latest Charge Details

DateLenderAmountStatus
18 Mar 2024Canara Bank₹7.40 MOpen

How Many Employees Work at Persistent Projects?

Persistent Projects has a workforce of 2 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Persistent Projects, 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 Persistent Projects'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 Persistent Projects

Recent activity within the organization

  • Charges

    A charge with Canara Bank amounted to Rs. 7.40 M with Charge ID 100899885 was registered on 18 Mar 2024.

    18 Mar 2024

  • Director Appointment

    Praveen Soni was appointed as a Director was appointed as a Director on 14 Feb 2024 & has been associated with this company since 1 year 10 days .

    14 Feb 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Director Appointment

    Radhika Krishna Mandhana was appointed as a Director was appointed as a Director on 05 Apr 2023 & has been associated with this company since 1 year 10 months .

    05 Apr 2023

  • Balance Sheet

    Persistent Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Bhavana Vikas Mandhana was appointed as a Director was appointed as a Director on 31 Jan 2017 & has been associated with this company since 8 years 23 days .

    31 Jan 2017

Frequently asked questions

  • Persistent Projects Private Limited was incorporated on 23 Jun 2009.

  • The authorized share capital of Persistent Projects Private Limited is ₹ 1.70 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Persistent Projects Private Limited.

    • Praveen Soni
    • Bhavana Vikas Mandhana
    • Radhika Krishna Mandhana
  • As per Ministry of Corporate Affairs (Mca), the registered address of Persistent Projects Private Limited is Plot No. 228 Krishna Kunj, Ward No.21 Wardhman Nagar (East) India, Nagpur, Maharashtra, 440008.

  • The corporate identification number (CIN) of Persistent Projects Private Limited is U45400MH2009PTC193520 and the company number is 193520 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Persistent Projects Private Limited has risen by 5.55%.

  • As Per 2023 financial reports, 2 employees are currently employed by Persistent Projects Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Persistent Projects Private Limited has experienced an upsurge of 33.20%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Persistent Projects Private Limited amount to ₹ 7.40 M.

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

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