Practus Professional Services Private Limited

Business consulting and outsourcing services for financial and accounting areas, including fundraising and restructuring.

2021 | Mumbai, Maharashtra (India) | Active
Last Updated: July 06, 2024

Practus Professional Services Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 3 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.00 Cr
  • Revenue Growth %
  • Profit Growth -21534.15%
  • Net Worth -4732.88%
  • Total Assets 60275.75%

About Practus Professional Services

Practus Professional Services Private Limited (PPSPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 September 2021 (Three years and five months 21 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Travel And Hospitality Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.00 Cr.

Srinivasan Venkataraman, Monik Koticha, and Deepak Narayanan serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    roibypractus.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2021PTC366842

  • Company No.

    366842

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Sep 2021

  • Date of AGM

    08 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Travel and Hospitality

Who are the key members and board of directors at Practus Professional Services?

Board Members (3)

NameDesignationAppointment DateStatus
Deepak Narayanan Country flag representing In Director 03-Sep-2021Current
Srinivasan Venkataraman Country flag representing In Director 03-Sep-2021Current
Monik Koticha Country flag representing In Director 03-Sep-2021Current

Financial Performance of Practus Professional Services.

Practus Professional Services Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 21534.15% decrease in profit. The company's net worth observed a substantial decline by a decrease of 4732.88%.

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
60275.75%
Profit or Loss
-21534.15%
Net Worth
-4732.88%
EBITDA

What is the Ownership and Shareholding Structure of Practus Professional Services?

In 2023, Practus Professional 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)

Open Charges

₹20.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
24 May 2023Hdfc Bank Limited₹2.00 CrOpen

How Many Employees Work at Practus Professional Services?

Practus Professional Services has a workforce of 107 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Practus Professional 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 Practus Professional 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 Practus Professional Services

Recent activity within the organization

  • Annual General Meeting

    Practus Professional Services Private Limited last Annual general meeting of members was held on 08 Sep 2023 as per latest MCA records.

    08 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 20.00 M registered on 24 May 2023 with Charge ID 100731359 was modified on 20 Jul 2023.

    20 Jul 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 20.00 M with Charge ID 100731359 was registered on 24 May 2023.

    24 May 2023

  • Balance Sheet

    Practus Professional Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Srinivasan Venkataraman was appointed as a Director was appointed as a Director on 03 Sep 2021 & has been associated with this company since 3 years 5 months .

    03 Sep 2021

  • Director Appointment

    Monik Sameer Koticha was appointed as a Director was appointed as a Director on 03 Sep 2021 & has been associated with this company since 3 years 5 months .

    03 Sep 2021

Frequently asked questions

  • Practus Professional Services Private Limited was incorporated on 03 Sep 2021.

  • The authorized share capital of Practus Professional Services Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Practus Professional Services Private Limited.

    • Srinivasan Venkataraman
    • Monik Sameer Koticha
    • Deepak Narayanan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Practus Professional Services Private Limited is 801 Cts No.619/10 Ekta Oculas Borla, Village Motibaug N. B. Patil Marg, Chembur, Maharashtra, India, 400071.

  • The corporate identification number (CIN) of Practus Professional Services Private Limited is U74999MH2021PTC366842 and the company number is 366842 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Practus Professional Services Private Limited is https://www.roibypractus.com

  • As Per 2023 financial reports, 107 employees are currently employed by Practus Professional Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Practus Professional Services Private Limited has experienced an downturn of -4732.88%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Practus Professional Services Private Limited amount to ₹ 2.00 Cr.

  • The most recent Balance Sheet for Practus Professional Services Private Limited was filed with the ROC on 31 Mar 2023.