Practic Industries (India) Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 6 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 137.28%
- Profit Growth -84.30%
- Ebitda 156.70%
- Net Worth 10.94%
- Total Assets 136.88%
About Practic Industries (India)
Practic Industries (India) Private Limited (PIIPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 January 2019 (Six years and one month 24 days old ). Its registered office is in Aurangabad, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.
Rushikesh Jaju and Premlata Jaju serve as directors at the Company.
Company Details
- Location
Aurangabad, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U28100MH2019PTC319434
- Company No.
319434
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Jan 2019
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Machinery and Equipment
Who are the key members and board of directors at Practic Industries (India)?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rushikesh Jaju  | Director | 11-Jan-2019 | Current |
| Premlata Jaju | Director | 11-Jan-2019 | Current |
Financial Performance of Practic Industries (India).
Practic Industries (India) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 137.28% increase. The company also saw a substantial fall in profitability, with a 84.3% decrease in profit. The company's net worth Soared by an impressive increase of 10.94%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Practic Industries (India)?
In 2020, Practic Industries (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Pawan Precision India Private LimitedRushikesh Jaju is a mutual person
- Udyam Sangeet Foundation
Rushikesh Jaju is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Practic Industries (India)?
Unlock and access historical data on people associated with Practic Industries (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Practic Industries (India), 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 Practic Industries (India)'s trajectory.
Rating
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
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 Practic Industries (India)
Recent activity within the organization
- Annual General Meeting
Practic Industries (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Practic Industries (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Rushikesh Shivprasad Jaju was appointed as a Director was appointed as a Director on 11 Jan 2019 & has been associated with this company since 6 years 1 month .
- Director Appointment
Premlata Shivprasad Jaju was appointed as a Director was appointed as a Director on 11 Jan 2019 & has been associated with this company since 6 years 1 month .
- Company Incorporation
Practic Industries (India) Private Limited was registered on 11 Jan 2019 with Roc Mumbai & aged 6 years 1 month as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Practic Industries (India) Private Limited?
Practic Industries (India) Private Limited was incorporated on 11 Jan 2019.
What is authorized share capital and paid-up capital of Practic Industries (India) Private Limited?
The authorized share capital of Practic Industries (India) Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Practic Industries (India) Private Limited?
Currently 2 directors are associated with Practic Industries (India) Private Limited.
- Rushikesh Shivprasad Jaju
- Premlata Shivprasad Jaju
What is the registered address of Practic Industries (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Practic Industries (India) Private Limited is 15731/12/13 Flat No 05 Sai Ram Residency Shri Nagar Vishwanath Colony, India, Aurangabad, Maharashtra, 431001.
What is the corporate identification number (CIN) and company number of Practic Industries (India) Private Limited?
The corporate identification number (CIN) of Practic Industries (India) Private Limited is U28100MH2019PTC319434 and the company number is 319434 as per Ministry of Corporate Affairs (MCA).
What is the official website of Practic Industries (India) Private Limited?
The Official website of Practic Industries (India) Private Limited is https://www.practicindia.com
What has been the recent revenue trend for Practic Industries (India) Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Practic Industries (India) Private Limited has risen by 137.28%.
What change has been observed in the net worth of Practic Industries (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Practic Industries (India) Private Limited has experienced an upsurge of 10.94%.
When was the last Balance Sheet of Practic Industries (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Practic Industries (India) Private Limited was filed with the ROC on 31 Mar 2024.