Pr Rental Solutions Private Limited

Provides household articles and equipment on rental basis since 2016.

2016 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Pr Rental Solutions Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 8 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.59 M
  • Revenue Growth -99.90%
  • Profit Growth 99.65%
  • Ebitda -99.94%
  • Net Worth -99.92%
  • Total Assets -99.91%

About Pr Rental Solutions

Pr Rental Solutions Private Limited (PRSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 21 November 2016 (Eight years and three months 9 days old ). Its registered office is in Chennai, Tamil Nadu, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹2.59 M.

Seshadri Prakash and Balajiseshadri serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    payrentz.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U71309TN2016PTC113411

  • Company No.

    113411

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Nov 2016

  • Date of AGM

    05 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

What products or services does Pr Rental Solutions Private Limited offer?

Pr Rental Solutions Private Limited offers a wide range of products and services, including Electrical & Electronic Goods Rental, Electrical Equipment Rental, Home Appliances & Kitchen Appliances, Washing Machine for Home.

Who are the key members and board of directors at Pr Rental Solutions?

Executive Team (1)

NameDesignationAppointment DateStatus
Balajiseshadri Country flag representing In Managing Director14-Mar-2022Current

Board Members (1)

NameDesignationAppointment DateStatus
Seshadri Prakash Country flag representing In Director 21-Nov-2016Current

Financial Performance of Pr Rental Solutions.

Pr Rental Solutions Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 99.9% decrease. The company also saw a substantial improvement in profitability, with a 99.65% increase in profit. The company's net worth observed a substantial decline by a decrease of 99.92%.

Pr Rental Solutions revenue growth over time
Pr Rental Solutions 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
-99.90%
Revenue from Operations
-99.90%
Total Assets
-99.91%
Profit or Loss
99.65%
Net Worth
-99.92%
EBITDA
-99.94%

What is the Ownership and Shareholding Structure of Pr Rental Solutions?

In 2019, Pr Rental Solutions 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

₹2.59 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.20 Cr
  • Hdfc Bank Limited : 0.06 Cr

Latest Charge Details

DateLenderAmountStatus
09 Sep 2024Hdfc Bank Limited₹0.59 MOpen
31 Jan 2019State Bank Of India₹2.00 MOpen

How Many Employees Work at Pr Rental Solutions?

Unlock and access historical data on people associated with Pr Rental Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Pr Rental Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pr Rental Solutions, 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 Pr Rental Solutions'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 Pr Rental Solutions

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.59 M with Charge ID 101011182 was registered on 09 Sep 2024.

  • Annual General Meeting

    Pr Rental Solutions Private Limited last Annual general meeting of members was held on 05 Aug 2024 as per latest MCA records.

  • Charges

    A charge with State Bank Of India of Rs. 2.00 M registered on 31 Jan 2019 with Charge ID 100241678 was modified on 14 May 2024.

  • Balance Sheet

    Pr Rental Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Balajiseshadri was appointed as a Managing Director was appointed as a Managing Director on 14 Mar 2022 & has been associated with this company since 2 years 11 months .

  • Charges

    A charge with State Bank Of India amounted to Rs. 2.00 M with Charge ID 100241678 was registered on 31 Jan 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Pr Rental Solutions Private Limited?

    Pr Rental Solutions Private Limited was incorporated on 21 Nov 2016.

  • What is authorized share capital and paid-up capital of Pr Rental Solutions Private Limited?

    The authorized share capital of Pr Rental Solutions Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Who are the current board members & directors of Pr Rental Solutions Private Limited?

    Currently 2 directors are associated with Pr Rental Solutions Private Limited.

    • Seshadri Prakash
    • Balajiseshadri
  • What is the registered address of Pr Rental Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Pr Rental Solutions Private Limited is No 14/20 Ground Floor Mahalakshmi Street Gandhi Road, Velachery India, Chennai, Tamil Nadu, 600042.

  • What is the corporate identification number (CIN) and company number of Pr Rental Solutions Private Limited?

    The corporate identification number (CIN) of Pr Rental Solutions Private Limited is U71309TN2016PTC113411 and the company number is 113411 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Pr Rental Solutions Private Limited?

    The Official website of Pr Rental Solutions Private Limited is https://www.payrentz.com

  • What has been the recent revenue trend for Pr Rental Solutions Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Pr Rental Solutions Private Limited has fallen by -99.90%.

  • What change has been observed in the net worth of Pr Rental Solutions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Pr Rental Solutions Private Limited has experienced an downturn of -99.92%.

  • What are the total open charges for Pr Rental Solutions Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Pr Rental Solutions Private Limited amount to ₹ 2.59 M.

  • When was the last Balance Sheet of Pr Rental Solutions Private Limited filed with the ROC?

    The most recent Balance Sheet for Pr Rental Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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