Practical Financial Services Profile
Key Indicators
- Authorised Capital ₹ 9.45 Cr
- Paid Up Capital ₹ 6.44 Cr
- Company Age 34 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth -18.43%
- Profit Growth -46.28%
- Ebitda -150.96%
- Net Worth -2.45%
- Total Assets -2.89%
About Practical Financial Services
Practical Financial Services Private Limited (PFSPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 May 1990 and has a history of 34 years and nine months. Its registered office is in Mumbai, Maharashtra, 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 9.45 Cr and a paid-up capital of Rs 6.44 Cr, as per Ministry of Corporate Affairs (MCA) records.
Marina Dsouza, Atul Kumar, Sujata Kumar, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U65990MH1990PTC056450
- Company No.
056450
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 May 1990
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
What products or services does Practical Financial Services Private Limited offer?
Practical Financial Services Private Limited offers a wide range of products and services, including Stock Trading/Money Market, Currency Trading Services.
Who are the key members and board of directors at Practical Financial Services?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Marina Dsouza  | Director | 31-Jan-2020 | Current |
| Atul Kumar | Director | 01-Oct-2006 | Current |
| Sujata Kumar | Director | 01-Apr-2003 | Current |
| Sevantilal Parekh | Director | 16-Nov-2007 | Current |
Financial Performance of Practical Financial Services.
Practical Financial Services Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 18.43% decrease. The company also saw a substantial fall in profitability, with a 46.28% decrease in profit. The company's net worth dipped by a decrease of 2.45%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Practical Financial Services?
In 2019, Practical Financial Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Practical Financial Services?
Unlock and access historical data on people associated with Practical Financial Services, 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 Practical Financial Services, 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 Practical Financial Services'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 Practical Financial Services
Recent activity within the organization
- Annual General Meeting
Practical Financial Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Practical Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Marina Alistair Dsouza was appointed as a Director was appointed as a Director on 31 Jan 2020 & has been associated with this company since 5 years 1 month .
- Director Appointment
Sevantilal Jivanlal Parekh was appointed as a Director was appointed as a Director on 16 Nov 2007 & has been associated with this company since 17 years 3 months .
- Director Appointment
Atul Sharad Kumar was appointed as a Director was appointed as a Director on 01 Oct 2006 & has been associated with this company since 18 years 5 months .
- Director Appointment
Sujata Parekh Kumar was appointed as a Director was appointed as a Director on 01 Apr 2003 & has been associated with this company since 21 years 11 months .
Frequently asked questions
What is the Incorporation or founding date of Practical Financial Services Private Limited?
Practical Financial Services Private Limited was incorporated on 08 May 1990.
What is authorized share capital and paid-up capital of Practical Financial Services Private Limited?
The authorized share capital of Practical Financial Services Private Limited is ₹ 9.45 Cr and paid-up capital is ₹ 6.44 Cr.
Who are the current board members & directors of Practical Financial Services Private Limited?
Currently 4 directors are associated with Practical Financial Services Private Limited.
- Marina Alistair Dsouza
- Atul Sharad Kumar
- Sujata Parekh Kumar
- Sevantilal Jivanlal Parekh
What is the registered address of Practical Financial Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Practical Financial Services Private Limited is United India Bldgsir P M Road Fort, Mumbai, Maharashtra, 400001.
What is the corporate identification number (CIN) and company number of Practical Financial Services Private Limited?
The corporate identification number (CIN) of Practical Financial Services Private Limited is U65990MH1990PTC056450 and the company number is 056450 as per Ministry of Corporate Affairs (MCA).
What is the official website of Practical Financial Services Private Limited?
The Official website of Practical Financial Services Private Limited is https://www.practicalfinancial.com
What has been the recent revenue trend for Practical Financial Services Private Limited?
According to the financial reports for the fiscal year 2019, the revenue trend for Practical Financial Services Private Limited has fallen by -18.43%.
What change has been observed in the net worth of Practical Financial Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2019 indicates that The net worth of Practical Financial Services Private Limited has experienced an downturn of -2.45%.
When was the last Balance Sheet of Practical Financial Services Private Limited filed with the ROC?
The most recent Balance Sheet for Practical Financial Services Private Limited was filed with the ROC on 31 Mar 2024.
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