Practical Properties Private Limited

Real estate development and construction company based in Delhi since 1994.

1994 | Delhi (India) | Active
Last Updated: December 21, 2024

Practical Properties Profile

Key Indicators

  • Authorised Capital ₹ 4.50 Cr
  • Paid Up Capital ₹ 4.50 Cr
  • Company Age 30 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3,448.65 Cr
  • Satisfied Charges ₹ 2.50 M
  • Revenue Growth %
  • Profit Growth 29.62%
  • Ebitda -50.68%
  • Net Worth -2.27%
  • Total Assets -0.21%

About Practical Properties

Practical Properties Private Limited (PPPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 November 1994 and has a history of 30 years and two months. Its registered office is in Delhi, India.

The Company is engaged in the Real Estate And Construction 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 4.50 Cr and a paid-up capital of Rs 4.50 Cr.

The company currently has active open charges totaling ₹3,448.65 Cr. The company has closed loans amounting to ₹2.50 M, as per Ministry of Corporate Affairs (MCA) records.

Pandarinath Anney and Ramashish Kumar serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1994PTC062753

  • Company No.

    062753

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Nov 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Real Estate and Construction

Who are the key members and board of directors at Practical Properties?

Board Members (2)

Name Designation Appointment Date Status
Pandarinath Anney Country flag representing In Director 01-Dec-2012 Current
Ramashish Kumar Country flag representing In Director 15-Jan-2019 Current

Financial Performance of Practical Properties.

Practical Properties Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 29.62% increase in profit. The company's net worth dipped by a decrease of 2.27%.

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
Revenue from Operations
Total Assets
-0.21%
Profit or Loss
29.62%
Net Worth
-2.27%
EBITDA
-50.68%

What is the Ownership and Shareholding Structure of Practical Properties?

In 2022, Practical Properties 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

₹3,448.65 Cr

Satisfied Charges

₹0.25 Cr

Charges Breakdown by Lending Institutions

  • Il&Fs Trust Company Ltd. : 3448.65 Cr

Latest Charge Details

Date Lender Amount Status
28 Mar 2014 Il&Fs Trust Company Ltd. ₹3,448.65 Cr Open
18 Jan 2003 Punjab National Bank ₹2.50 M Satisfied

How Many Employees Work at Practical Properties?

Unlock and access historical data on people associated with Practical Properties, 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 Practical Properties, 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 Properties'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 Practical Properties

Recent activity within the organization

  • Annual General Meeting

    Practical Properties Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Practical Properties Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Ramashish Kumar was appointed as a Director was appointed as a Director on 15 Jan 2019 & has been associated with this company since 6 years 18 days .

    15 Jan 2019

  • Charges

    A charge registered on 18 Jan 2003 via Charge ID 90043653 with Punjab National Bank was fully satisfied on 01 Sep 2016.

    01 Sep 2016

  • Charges

    A charge with Il&Fs Trust Company Ltd. amounted to Rs. 3,448.65 Cr with Charge ID 10543820 was registered on 28 Mar 2014.

    28 Mar 2014

  • Director Appointment

    Pandarinath Anney was appointed as a Director was appointed as a Director on 01 Dec 2012 & has been associated with this company since 12 years 2 months .

    01 Dec 2012

Frequently asked questions

  • Practical Properties Private Limited was incorporated on 16 Nov 1994.

  • The authorized share capital of Practical Properties Private Limited is ₹ 4.50 Cr and paid-up capital is ₹ 4.50 Cr.

  • Currently 2 directors are associated with Practical Properties Private Limited.

    • Pandarinath Anney
    • Ramashish Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Practical Properties Private Limited is 207/A, Ground Floor Shop No. 2 Village Devli India, New Delhi, 110062.

  • The corporate identification number (CIN) of Practical Properties Private Limited is U74899DL1994PTC062753 and the company number is 062753 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2022 indicates that The net worth of Practical Properties Private Limited has experienced an downturn of -2.27%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Practical Properties Private Limited amount to ₹ 3,448.65 Cr.

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

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