Practo Rx Services Private Limited

Provides pharmaceutical products and IT support services as dealers, agents, and distributors.

2018 | Bangaluru, Karnataka (India) | Active
Last Updated:

Practo Rx Services Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -68.83%
  • Profit Growth -75.95%
  • Ebitda 77.62%
  • Net Worth -111.03%
  • Total Assets -50.55%

About Practo Rx Services

Practo Rx Services Private Limited (PRSPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 October 2018 (Six years and six months 5 days old ). 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 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Abhinav Lal and Rowel Coelho 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

    U74999KA2018PTC117431

  • Company No.

    117431

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Oct 2018

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology
Pharma
Company report

Practo Rx Services Private Limited

Explore comprehensive data for Practo Rx Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Practo Rx Services?

Board Members (2)

NameDesignationAppointment DateStatus
Abhinav Lal Country flag representing In Director 09-Oct-2018Current
Rowel Coelho Country flag representing In Director 22-Apr-2022Current

Financial Performance of Practo Rx Services.

Practo Rx Services Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 68.83% decrease. The company also saw a substantial fall in profitability, with a 75.95% decrease in profit. The company's net worth observed a substantial decline by a decrease of 111.03%.

Practo Rx Services revenue growth over time
Practo Rx Services 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
-68.83%
Revenue from Operations
-68.83%
Total Assets
-50.55%
Profit or Loss
-75.95%
Net Worth
-111.03%
EBITDA
77.62%

What is the Ownership and Shareholding Structure of Practo Rx Services?

In 2023, Practo Rx 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.

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 Practo Rx Services?

Practo Rx Services has a workforce of 2 employees as of Apr 09, 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.

Employee growth trends for Practo Rx Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Practo Rx 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 Practo Rx Services'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 Practo Rx Services

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Practo Rx Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Rowel Coelho was appointed as a Director was appointed as a Director on 22 Apr 2022 & has been associated with this company since 2 years 11 months .

  • Director Appointment

    Abhinav Lal was appointed as a Director was appointed as a Director on 09 Oct 2018 & has been associated with this company since 6 years 6 months .

  • Company Incorporation

    Practo Rx Services Private Limited was registered on 09 Oct 2018 with Roc Bangalore & aged 6 years 6 months as per MCA records.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Practo Rx Services Private Limited?

    Practo Rx Services Private Limited was incorporated on 09 Oct 2018.

  • What is authorized share capital and paid-up capital of Practo Rx Services Private Limited?

    The authorized share capital of Practo Rx Services Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Practo Rx Services Private Limited?

    Currently 2 directors are associated with Practo Rx Services Private Limited.

    • Abhinav Lal
    • Rowel Coelho
  • What is the registered address of Practo Rx Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Practo Rx Services Private Limited is Garuda Bhive Workspace Wj88 9J6 Bmtc Complex Kuvempu Nagar Stage 2 Btm Layout, India, Bangalore South, Karnataka, 560068.

  • What is the corporate identification number (CIN) and company number of Practo Rx Services Private Limited?

    The corporate identification number (CIN) of Practo Rx Services Private Limited is U74999KA2018PTC117431 and the company number is 117431 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Practo Rx Services Private Limited?

    The Official website of Practo Rx Services Private Limited is https://www.practo.com

  • What has been the recent revenue trend for Practo Rx Services Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Practo Rx Services Private Limited has fallen by -68.83%.

  • How many employees does Practo Rx Services Private Limited currently have?

    As Per 2023 financial reports, 2 employees are currently employed by Practo Rx Services Private Limited.

  • What change has been observed in the net worth of Practo Rx Services Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Practo Rx Services Private Limited has experienced an downturn of -111.03%.

  • When was the last Balance Sheet of Practo Rx Services Private Limited filed with the ROC?

    The most recent Balance Sheet for Practo Rx Services Private Limited was filed with the ROC on 31 Mar 2024.

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