Praise Construction Private Limited
Constructs residential buildings, develops land, and builds townships and commercial complexes.
2012 | Delhi (India) | Active
Praise Construction Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 3.00 Cr
- Company Age 12 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.10 Cr
- Satisfied Charges ₹ 9.73 Cr
- Revenue Growth -19.07%
- Profit Growth -18.78%
- Ebitda 477.83%
- Net Worth 2.99%
- Total Assets 80.55%
About Praise Construction
Praise Construction Private Limited (PCPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 March 2012 and has a history of 12 years and 11 months. Its registered office is in Delhi, India.
The Company is engaged in the Real Estate And Construction 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 3.00 Cr and a paid-up capital of Rs 3.00 Cr.
The company currently has active open charges totaling ₹1.10 Cr. The company has closed loans amounting to ₹9.73 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shiva Sharma, Rakesh Sharma, Rakesh Yadav, and One other member serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U70200DL2012PTC233221
- Company No.
233221
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Mar 2012
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Real Estate and Construction
Who are the key members and board of directors at Praise Construction?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shiva Sharma  | Director | 27-Feb-2019 | Current |
| Rakesh Sharma | Director | 17-Apr-2012 | Current |
| Rakesh Yadav | Director | 17-Apr-2012 | Current |
| Rajbir Goyat | Director | 24-Sep-2013 | Current |
Financial Performance of Praise Construction.
Praise Construction Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.07% decrease. The company also saw a substantial fall in profitability, with a 18.78% decrease in profit. The company's net worth moved up by a moderate rise of 2.99%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Praise Construction?
In 2023, Praise Construction had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
Open Charges
₹1.10 Cr
Satisfied Charges
₹9.73 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 1.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Sep 2023 | Hdfc Bank Limited | ₹1.10 Cr | Open |
| 11 Oct 2014 | Indian Bank | ₹4.86 Cr | Satisfied |
| 18 Nov 2013 | Oriental Bank Of Commerce | ₹4.87 Cr | Satisfied |
How Many Employees Work at Praise Construction?
Unlock and access historical data on people associated with Praise Construction, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Praise Construction, 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 Praise Construction'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.
Latest Updates, News, and FAQs on Praise Construction
Recent activity within the organization
- Annual General Meeting
Praise Construction Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.10 Cr with Charge ID 100787300 was registered on 07 Sep 2023.
- Balance Sheet
Praise Construction Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
- Director Appointment
Shiva Sharma was appointed as a Director was appointed as a Director on 27 Feb 2019 & has been associated with this company since 6 years 6 days .
- Charges
A charge registered on 11 Oct 2014 via Charge ID 10538103 with Indian Bank was fully satisfied on 22 Feb 2019.
- Charges
A charge registered on 18 Nov 2013 via Charge ID 10465093 with Oriental Bank Of Commerce was fully satisfied on 20 Feb 2019.
Frequently asked questions
What is the Incorporation or founding date of Praise Construction Private Limited?
Praise Construction Private Limited was incorporated on 21 Mar 2012.
What is authorized share capital and paid-up capital of Praise Construction Private Limited?
The authorized share capital of Praise Construction Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 3.00 Cr.
Who are the current board members & directors of Praise Construction Private Limited?
Currently 4 directors are associated with Praise Construction Private Limited.
- Shiva Sharma
- Rakesh Sharma
- Rakesh Yadav
- Rajbir Singh Goyat
What is the registered address of Praise Construction Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Praise Construction Private Limited is Flat No-34 C-8 Sector-8, Rohini India, New Delhi, 110085.
What is the corporate identification number (CIN) and company number of Praise Construction Private Limited?
The corporate identification number (CIN) of Praise Construction Private Limited is U70200DL2012PTC233221 and the company number is 233221 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Praise Construction Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Praise Construction Private Limited has fallen by -19.07%.
What change has been observed in the net worth of Praise Construction Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Praise Construction Private Limited has experienced an upsurge of 2.99%.
What are the total open charges for Praise Construction Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Praise Construction Private Limited amount to ₹ 1.10 Cr.
When was the last Balance Sheet of Praise Construction Private Limited filed with the ROC?
The most recent Balance Sheet for Praise Construction Private Limited was filed with the ROC on 31 Mar 2023.
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