Pragat Akshay Urja Limited

Manufacturer and trader of solar power equipment, including PV modules, solar cookers, and lights.

2009 | Indore, Madhya Pradesh (India) | Active
Last Updated: December 11, 2024

Pragat Akshay Urja Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.82 Cr
  • Company Age 15 Year, 11 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 9.50 Cr
  • Revenue Growth -19.26%
  • Profit Growth -1.78%
  • Ebitda -52.37%
  • Net Worth 7.52%
  • Total Assets 19.72%

About Pragat Akshay Urja

Pragat Akshay Urja Limited (PAUL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 February 2009 and has a history of 15 years and 11 months. Its registered office is in Indore, Madhya Pradesh, India.

The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2018. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 7.82 Cr.

The company currently has active open charges totaling ₹9.50 Cr.

The Key Managerial Personnel (KMP) at Pragat Akshay Urja Limited India is Raina Sodhiya as COMPANY SECRETARY. Rakesh Jain, Prakash Jain, Nutan Singh, and One other member serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29190MP2009PLC021620

  • Company No.

    021620

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Feb 2009

  • Date of AGM

    27 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Pragat Akshay Urja?

Executive Team (1)

Name Designation Appointment Date Status
Raina Sodhiya Country flag representing In Company Secretary 27-Aug-2018 Current

Board Members (4)

Name Designation Appointment Date Status
Rakesh Jain Country flag representing In Director 13-Feb-2009 Current
Prakash Jain Country flag representing In Whole-Time Director 13-Feb-2009 Current
Nutan Singh Country flag representing In Additional Director 08-Nov-2018 Current
Pramila Jain Country flag representing In Additional Director 28-Jan-2021 Current

Financial Performance of Pragat Akshay Urja.

Pragat Akshay Urja Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 19.26% decrease. The company also saw a slight decrease in profitability, with a 1.78% decrease in profit. The company's net worth moved up by a moderate rise of 7.52%.

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
-19.26%
Revenue from Operations
-16.67%
Total Assets
19.72%
Profit or Loss
-1.78%
Net Worth
7.52%
EBITDA
-52.37%

What is the Ownership and Shareholding Structure of Pragat Akshay Urja?

In 2018, Pragat Akshay Urja 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Cosmos Co-Operative Bank Ltd. : 9.50 Cr

Latest Charge Details

Date Lender Amount Status
31 Mar 2015 The Cosmos Co-Operative Bank Ltd. ₹2.50 Cr Open
12 Aug 2011 The Cosmos Co-Operative Bank Ltd. ₹7.00 Cr Open

How Many Employees Work at Pragat Akshay Urja?

Pragat Akshay Urja has a workforce of 10 employees as of Apr 05, 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 Pragat Akshay Urja, 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 Pragat Akshay Urja'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 Pragat Akshay Urja

Recent activity within the organization

  • Director Appointment

    Pramila Jain was appointed as a Additional Director was appointed as a Additional Director on 28 Jan 2021 & has been associated with this company since 4 years 4 days .

    28 Jan 2021

  • Director Appointment

    Nutan Birendrapratap Singh was appointed as a Additional Director was appointed as a Additional Director on 08 Nov 2018 & has been associated with this company since 6 years 2 months .

    08 Nov 2018

  • Annual General Meeting

    Pragat Akshay Urja Limited last Annual general meeting of members was held on 27 Sep 2018 as per latest MCA records.

    27 Sep 2018

  • Director Appointment

    Raina Sodhiya was appointed as a Company Secretary was appointed as a Company Secretary on 27 Aug 2018 & has been associated with this company since 6 years 5 months .

    27 Aug 2018

  • Balance Sheet

    Pragat Akshay Urja Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Gwalior.

    31 Mar 2018

  • Charges

    A charge with The Cosmos Co-Operative Bank Ltd. amounted to Rs. 2.50 Cr with Charge ID 10570467 was registered on 31 Mar 2015.

    31 Mar 2015

Frequently asked questions

  • Pragat Akshay Urja Limited was incorporated on 13 Feb 2009.

  • The authorized share capital of Pragat Akshay Urja Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.82 Cr.

  • Currently 5 directors are associated with Pragat Akshay Urja Limited.

    • Rakesh Prakash Jain
    • Prakash Chandra Jain
    • Nutan Birendrapratap Singh
    • Pramila Jain
    • Raina Sodhiya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pragat Akshay Urja Limited is 1/1 Maharani Road M-12, Shreenath Chambers India, Indore, Madhya Pradesh, 452007.

  • The corporate identification number (CIN) of Pragat Akshay Urja Limited is U29190MP2009PLC021620 and the company number is 021620 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pragat Akshay Urja Limited is https://www.pragatakshayurja.com

  • According to the financial reports for the fiscal year 2018, the revenue trend for Pragat Akshay Urja Limited has fallen by -19.26%.

  • As Per 2018 financial reports, 10 employees are currently employed by Pragat Akshay Urja Limited.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Pragat Akshay Urja Limited has experienced an upsurge of 7.52%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Pragat Akshay Urja Limited amount to ₹ 9.50 Cr.

  • The most recent Balance Sheet for Pragat Akshay Urja Limited was filed with the ROC on 31 Mar 2018.

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