Practo Technologies Profile
Key Indicators
- Authorised Capital ₹ 8.08 M
- Paid Up Capital ₹ 5.32 M
- Company Age 16 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 130.25 Cr
- Satisfied Charges ₹ 63.00 Cr
- Revenue Growth 9.73%
- Profit Growth 114.68%
- Ebitda 100.06%
- Net Worth 20.61%
- Total Assets -51.26%
About Practo Technologies
Practo Technologies Private Limited (PTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 May 2008 and has a history of 16 years and eight months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Naabo Medical Solutions Private Limited. The Company is engaged in the Internet 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 8.08 M and a paid-up capital of Rs 5.32 M.
The company currently has active open charges totaling ₹130.25 Cr. The company has closed loans amounting to ₹63.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Abhinav Lal and Satish Arunachalam serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U72900KA2008PTC046374
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Company No.
046374
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
08 May 2008
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Practo Technologies?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Abhinav Lal
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Director | 30-Apr-2010 | Current |
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Satish Arunachalam
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Director | 20-Sep-2023 | Current |
Financial Performance of Practo Technologies.
Practo Technologies Private Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 9.73% increase. The company also saw a substantial improvement in profitability, with a 114.68% increase in profit. The company's net worth Soared by an impressive increase of 20.61%.
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What is the Ownership and Shareholding Structure of Practo Technologies?
In 2024, Practo Technologies had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Practo Rx Services Private LimitedAbhinav Lal is a mutual person
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Qikwell Technologies India Private LimitedAbhinav Lal is a mutual person
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Knighthealth Technologies Private LimitedAbhinav Lal is a mutual person
Charges (Loans)
₹1,302.50 M
₹630.00 M
Charges Breakdown by Lending Institutions
- Others : 120.00 Cr
- Standard Chartered Bank : 10.00 Cr
- Citi Bank N.A. : 0.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Feb 2024 | Standard Chartered Bank | ₹10.00 Cr | Open |
| 25 May 2023 | Citi Bank N.A. | ₹2.50 M | Open |
| 12 Aug 2022 | Others | ₹60.00 Cr | Open |
| 22 Apr 2021 | Others | ₹60.00 Cr | Open |
| 10 Jun 2019 | Others | ₹35.00 Cr | Satisfied |
How Many Employees Work at Practo Technologies?
Practo Technologies has a workforce of 401 employees as of Dec 11, 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 Practo Technologies, 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 Technologies'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.
