Praise Construction Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 3.00 Cr
- Company Age 12 Year, 10 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 ten 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
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Location
Delhi, 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
U70200DL2012PTC233221
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Company No.
233221
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
21 Mar 2012
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Praise Construction?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shiva Sharma
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Director | 27-Feb-2019 | Current |
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Rakesh Sharma
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Director | 17-Apr-2012 | Current |
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Rakesh Yadav
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Director | 17-Apr-2012 | Current |
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Rajbir Goyat
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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%.
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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.
Related Corporates (Common Directorship)
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Reliable Realtech Private LimitedRakesh Yadav is a mutual person
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Antriksh Engineers Private LimitedRakesh Yadav and Rajbir Goyat are mutual person
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Antriksh Developers & Promoters Private Limited
Rakesh Yadav and Rajbir Goyat are mutual person
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Admire Estates Private LimitedShiva Sharma, Rakesh Sharma and 2 more are mutual person
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Shivam Agneyastra Private Limited
Shiva Sharma and Rakesh Sharma are mutual person
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Wisdom Pharma Private Limited
Shiva Sharma and Rakesh Sharma are mutual person
Charges (Loans)
₹1.10 Cr
₹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.
