Prachay Advisors Private Limited

Financial advisory services for budgeting, planning, and procuring finance for businesses.

2017 | Pune, Maharashtra (India) | Active
Last Updated: December 09, 2024

Prachay Advisors Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.75 Cr
  • Company Age 7 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -22.90%
  • Profit Growth 92.52%
  • Ebitda 107.11%
  • Net Worth -2.53%
  • Total Assets 22.84%

About Prachay Advisors

Prachay Advisors Private Limited (PAPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 November 2017 (Seven years and three months 2 days old ). Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Pracaya Advisors Private Limited. 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 2.00 Cr and a paid-up capital of Rs 1.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Girish Lakhotiya and Roshan Sancheti serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999PN2017PTC173300

  • Company No.

    173300

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Nov 2017

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Financial Services

Who are the key members and board of directors at Prachay Advisors?

Board Members (2)

Name Designation Appointment Date Status
Girish Lakhotiya Country flag representing In Director 14-Feb-2022 Current
Roshan Sancheti Country flag representing In Director 08-Nov-2017 Current

Financial Performance of Prachay Advisors.

Prachay Advisors Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 22.9% decrease. The company also saw a substantial improvement in profitability, with a 92.52% increase in profit. The company's net worth dipped by a decrease of 2.53%.

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
-22.90%
Revenue from Operations
-21.37%
Total Assets
22.84%
Profit or Loss
92.52%
Net Worth
-2.53%
EBITDA
107.11%

What is the Ownership and Shareholding Structure of Prachay Advisors?

In 2021, Prachay Advisors 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Prachay Advisors?

Unlock and access historical data on people associated with Prachay Advisors, 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 Prachay Advisors, 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 Prachay Advisors'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 Prachay Advisors

Recent activity within the organization

  • Annual General Meeting

    Prachay Advisors Private Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

    23 Sep 2024

  • Balance Sheet

    Prachay Advisors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Director Appointment

    Girish Murlidhar Lakhotiya was appointed as a Director was appointed as a Director on 14 Feb 2022 & has been associated with this company since 2 years 11 months .

    14 Feb 2022

  • Director Appointment

    Roshan Rajendra Sancheti was appointed as a Director was appointed as a Director on 08 Nov 2017 & has been associated with this company since 7 years 3 months .

    08 Nov 2017

  • Company Incorporation

    Prachay Advisors Private Limited was registered on 08 Nov 2017 with Roc Pune & aged 7 years 3 months as per MCA records.

    08 Nov 2017

Frequently asked questions

  • Prachay Advisors Private Limited was incorporated on 08 Nov 2017.

  • The authorized share capital of Prachay Advisors Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.75 Cr.

  • Currently 2 directors are associated with Prachay Advisors Private Limited.

    • Girish Murlidhar Lakhotiya
    • Roshan Rajendra Sancheti
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prachay Advisors Private Limited is Office No 1401/1402 14Th Floor Next Gen Avenue Wing B Cts 2850 S 103 Bahiratwadi Near Icc Tower Senapati Bapat Road, India, Pune City, Maharashtra, 411016.

  • The corporate identification number (CIN) of Prachay Advisors Private Limited is U74999PN2017PTC173300 and the company number is 173300 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prachay Advisors Private Limited is https://www.prachay.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Prachay Advisors Private Limited has fallen by -22.90%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Prachay Advisors Private Limited has experienced an downturn of -2.53%.

  • The most recent Balance Sheet for Prachay Advisors Private Limited was filed with the ROC on 31 Mar 2024.

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