Praagna Preci-Tech Private Limited

Manufactures general-purpose machinery, incorporated in 2009, based in Bangalore.

2009 | Bangaluru, Karnataka (India) | Active
Last Updated: December 06, 2024

Praagna Preci-Tech Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.99 M
  • Company Age 15 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.57 M
  • Revenue Growth -14.16%
  • Profit Growth -79.51%
  • Ebitda -24.48%
  • Net Worth 1.90%
  • Total Assets -15.49%

About Praagna Preci-Tech

Praagna Preci-Tech Private Limited (PPPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 December 2009 and has a history of 15 years and one month. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Machinery And Equipment 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 1.00 M and a paid-up capital of Rs 0.99 M.

The company currently has active open charges totaling ₹3.57 M.

Bheemachar Joshi and Vijayakumar Lagashetty serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29220KA2009PTC051829

  • Company No.

    051829

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Dec 2009

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

Who are the key members and board of directors at Praagna Preci-Tech?

Board Members (2)

Name Designation Appointment Date Status
Bheemachar Joshi Country flag representing In Director 01-Apr-2012 Current
Vijayakumar Lagashetty Country flag representing In Director 01-Apr-2012 Current

Financial Performance of Praagna Preci-Tech.

Praagna Preci-Tech Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 14.16% decrease. The company also saw a substantial fall in profitability, with a 79.51% decrease in profit. The company's net worth moved up by a moderate rise of 1.9%.

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
-14.16%
Revenue from Operations
-14.13%
Total Assets
-15.49%
Profit or Loss
-79.51%
Net Worth
1.90%
EBITDA
-24.48%

What is the Ownership and Shareholding Structure of Praagna Preci-Tech?

In 2021, Praagna Preci-Tech 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

₹3.57 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Corporation Bank : 0.36 Cr

Latest Charge Details

Date Lender Amount Status
24 Mar 2010 Corporation Bank ₹3.57 M Open

How Many Employees Work at Praagna Preci-Tech?

Unlock and access historical data on people associated with Praagna Preci-Tech, 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 Praagna Preci-Tech, 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 Praagna Preci-Tech'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 Praagna Preci-Tech

Recent activity within the organization

  • Annual General Meeting

    Praagna Preci-Tech Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Praagna Preci-Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Bheemachar Sridharamurthy Joshi was appointed as a Director was appointed as a Director on 01 Apr 2012 & has been associated with this company since 12 years 10 months .

    01 Apr 2012

  • Director Appointment

    Vijayakumar Lagashetty was appointed as a Director was appointed as a Director on 01 Apr 2012 & has been associated with this company since 12 years 10 months .

    01 Apr 2012

  • Charges

    A charge with Corporation Bank amounted to Rs. 3.57 M with Charge ID 10216951 was registered on 24 Mar 2010.

    24 Mar 2010

  • Company Incorporation

    Praagna Preci-Tech Private Limited was registered on 15 Dec 2009 with Roc Bangalore & aged 15 years 1 month as per MCA records.

    15 Dec 2009

Frequently asked questions

  • Praagna Preci-Tech Private Limited was incorporated on 15 Dec 2009.

  • The authorized share capital of Praagna Preci-Tech Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.99 M.

  • Currently 2 directors are associated with Praagna Preci-Tech Private Limited.

    • Bheemachar Sridharamurthy Joshi
    • Vijayakumar Lagashetty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Praagna Preci-Tech Private Limited is C-88/1 Industrial Estate, Peenya 3Rd Phase India, Bangalore, Karnataka, 560058.

  • The corporate identification number (CIN) of Praagna Preci-Tech Private Limited is U29220KA2009PTC051829 and the company number is 051829 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Praagna Preci-Tech Private Limited has fallen by -14.16%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Praagna Preci-Tech Private Limited has experienced an upsurge of 1.90%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Praagna Preci-Tech Private Limited amount to ₹ 3.57 M.

  • The most recent Balance Sheet for Praagna Preci-Tech Private Limited was filed with the ROC on 31 Mar 2023.

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