Practical Methods It Services Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 11 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth -46.59%
- Profit Growth -173.95%
- Ebitda 56.34%
- Net Worth -32.50%
- Total Assets -14.01%
About Practical Methods It Services
Practical Methods It Services Private Limited (PMISPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 April 2013 and has a history of 11 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Information Technology 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.
Cauvery Ramakrishna and Prabhakaran Shivakumar 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
U72900KA2013PTC068824
- Company No.
068824
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Apr 2013
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Information Technology
What products or services does Practical Methods It Services Private Limited offer?
Practical Methods It Services Private Limited offers a wide range of products and services, including Business Planning and Management, Business Consultant, Corporate Finance & Leasing Advisors, Financial Service, Auditing Services, Project Management, Infrastructure Project Management Service.
Who are the key members and board of directors at Practical Methods It Services?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Cauvery Ramakrishna  | Director | 22-Nov-2019 | Current |
| Prabhakaran Shivakumar | Director | 30-Apr-2013 | Current |
Financial Performance of Practical Methods It Services.
Practical Methods It Services Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 46.59% decrease. The company also saw a substantial fall in profitability, with a 173.95% decrease in profit. The company's net worth observed a substantial decline by a decrease of 32.5%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Practical Methods It Services?
In 2019, Practical Methods It 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 Methods It Services?
Practical Methods It Services has a workforce of 4 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Practical Methods It 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 Methods It 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 Methods It Services
Recent activity within the organization
- Annual General Meeting
Practical Methods It Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Practical Methods It Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Cauvery Adiga Herga Ramakrishna was appointed as a Director was appointed as a Director on 22 Nov 2019 & has been associated with this company since 5 years 4 months .
- Director Appointment
Prabhakaran Shivakumar was appointed as a Director was appointed as a Director on 30 Apr 2013 & has been associated with this company since 11 years 11 months .
- Company Incorporation
Practical Methods It Services Private Limited was registered on 30 Apr 2013 with Roc Bangalore & aged 11 years 11 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Practical Methods It Services Private Limited?
Practical Methods It Services Private Limited was incorporated on 30 Apr 2013.
What is authorized share capital and paid-up capital of Practical Methods It Services Private Limited?
The authorized share capital of Practical Methods It Services Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Practical Methods It Services Private Limited?
Currently 2 directors are associated with Practical Methods It Services Private Limited.
- Cauvery Adiga Herga Ramakrishna
- Prabhakaran Shivakumar
What is the registered address of Practical Methods It Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Practical Methods It Services Private Limited is 386 5A Cross 8 Main Beml Layout Thubarahlli White Field, India, Bangalore, Karnataka, 560066.
What is the corporate identification number (CIN) and company number of Practical Methods It Services Private Limited?
The corporate identification number (CIN) of Practical Methods It Services Private Limited is U72900KA2013PTC068824 and the company number is 068824 as per Ministry of Corporate Affairs (MCA).
What is the official website of Practical Methods It Services Private Limited?
The Official website of Practical Methods It Services Private Limited is https://www.practical-methods.com
What has been the recent revenue trend for Practical Methods It Services Private Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Practical Methods It Services Private Limited has fallen by -46.59%.
How many employees does Practical Methods It Services Private Limited currently have?
As Per 2020 financial reports, 4 employees are currently employed by Practical Methods It Services Private Limited.
What change has been observed in the net worth of Practical Methods It Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Practical Methods It Services Private Limited has experienced an downturn of -32.50%.
When was the last Balance Sheet of Practical Methods It Services Private Limited filed with the ROC?
The most recent Balance Sheet for Practical Methods It Services Private Limited was filed with the ROC on 31 Mar 2024.
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