Prahitha Constructions Private Limited

Develops and leases office space in Hyderabad through joint development agreement.

2017 | Bangalore, Karnataka (India) | Active
Last Updated: July 05, 2024

Prahitha Constructions Profile

Key Indicators

  • Authorised Capital ₹ 2.10 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 7 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,115.00 Cr
  • Satisfied Charges ₹ 1,140.00 Cr
  • Revenue Growth -10.72%
  • Profit Growth -34.51%
  • Ebitda -29.08%
  • Net Worth -2.47%
  • Total Assets 65.75%

About Prahitha Constructions

Prahitha Constructions Private Limited (PCPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 December 2017 (Seven years and one month 18 days old ). Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Financial Services 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 2.10 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹1,115.00 Cr. The company has closed loans amounting to ₹1,140.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chalsani Rohan, Thirumal Govindraj, Arshdeep Sethi, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70200KA2017PTC155705

  • Company No.

    121226

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Dec 2017

  • Date of AGM

    15 Jun 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services
Real Estate and Construction

Who are the key members and board of directors at Prahitha Constructions?

Board Members (4)

Name Designation Appointment Date Status
Thirumal Govindraj Country flag representing In Additional Director Current
Chalsani Rohan Country flag representing In Director 13-Aug-2021 Current
Arshdeep Sethi Country flag representing In Director 31-Jul-2021 Current
Hari Veerapaneni Country flag representing In Director 13-Aug-2021 Current

Financial Performance of Prahitha Constructions.

Prahitha Constructions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.72% decrease. The company also saw a substantial fall in profitability, with a 34.51% decrease in profit. The company's net worth dipped by a decrease of 2.47%.

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
-10.72%
Revenue from Operations
Total Assets
65.75%
Profit or Loss
-34.51%
Net Worth
-2.47%
EBITDA
-29.08%

What is the Ownership and Shareholding Structure of Prahitha Constructions?

In 2023, Prahitha Constructions had a promoter holding of 50.02% and a public holding of 49.98%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11,150.00 M

Satisfied Charges

₹11,400.00 M

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 1065.00 Cr
  • Others : 50.00 Cr

Latest Charge Details

Date Lender Amount Status
24 May 2023 Idbi Trusteeship Services Limited ₹1,065.00 Cr Open
20 Feb 2023 Others ₹50.00 Cr Open
15 Mar 2019 Idbi Trusteeship Services Limited ₹1,065.00 Cr Satisfied
09 Jul 2018 Idbi Trusteeship Services Limited ₹75.00 Cr Satisfied

How Many Employees Work at Prahitha Constructions?

Unlock and access historical data on people associated with Prahitha Constructions, 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 Prahitha Constructions, 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 Prahitha Constructions'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 Prahitha Constructions

Recent activity within the organization

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 10,650.00 M registered on 24 May 2023 with Charge ID 100737206 was modified on 30 Jun 2023.

    30 Jun 2023

  • Annual General Meeting

    Prahitha Constructions Private Limited last Annual general meeting of members was held on 15 Jun 2023 as per latest MCA records.

    15 Jun 2023

  • Charges

    A charge with Idbi Trusteeship Services Limited amounted to Rs. 10,650.00 M with Charge ID 100737206 was registered on 24 May 2023.

    24 May 2023

  • Charges

    A charge registered on 15 Mar 2019 via Charge ID 100255500 with Idbi Trusteeship Services Limited was fully satisfied on 06 Apr 2023.

    06 Apr 2023

  • Balance Sheet

    Prahitha Constructions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 500.00 M with Charge ID 100681702 was registered on 20 Feb 2023.

    20 Feb 2023

Frequently asked questions

  • Prahitha Constructions Private Limited was incorporated on 14 Dec 2017.

  • The authorized share capital of Prahitha Constructions Private Limited is ₹ 2.10 M and paid-up capital is ₹ 2.00 M.

  • Currently 4 directors are associated with Prahitha Constructions Private Limited.

    • Chalsani Rohan
    • Thirumal Govindraj
    • Arshdeep Singh Sethi
    • Hari Krishna Veerapaneni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prahitha Constructions Private Limited is The Millenia Tower B Level 12-14 No. 1 And 2 Murphy Road Ulsoor, Bangalore, Karnataka, India, 560008.

  • The corporate identification number (CIN) of Prahitha Constructions Private Limited is U70200KA2017PTC155705 and the company number is 121226 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prahitha Constructions Private Limited is https://www.rmzcorp.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prahitha Constructions Private Limited has fallen by -10.72%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prahitha Constructions Private Limited has experienced an downturn of -2.47%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prahitha Constructions Private Limited amount to ₹ 1,115.00 Cr.

  • The most recent Balance Sheet for Prahitha Constructions Private Limited was filed with the ROC on 31 Mar 2023.

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