Praise Construction Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
as on 23-10-2024
- Paid Up Capital ₹ 3.00 Cr
as on 23-10-2024
- Company Age 12 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.10 Cr
as on 23-10-2024
- Satisfied Charges ₹ 9.73 Cr
as on 23-10-2024
- Revenue -19.07%
(FY 2023)
- Profit -18.78%
(FY 2023)
- Ebitda 477.83%
(FY 2023)
- Net Worth 2.99%
(FY 2023)
- Total Assets 80.55%
(FY 2023)
About Praise Construction
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.
- 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
Company Details
- Location
Delhi, India
- Telephone
- Email Address
- Website
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- Social Media-
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
- Profit and Loss
- Cash Flow
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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)
Antriksh Engineers Private LimitedActive 14 years 1 dayRakesh Yadav and Rajbir Goyat are mutual person
- Antriksh Developers & Promoters Private LimitedActive 16 years 5 months
Rakesh Yadav and Rajbir Goyat are mutual person
Admire Estates Private LimitedActive 12 years 9 monthsShiva Sharma, Rakesh Sharma and 2 more are mutual person
- Shivam Agneyastra Private LimitedActive 4 months 3 days
Shiva Sharma and Rakesh Sharma are mutual person
- Wisdom Pharma Private LimitedActive 1 year 5 months
Shiva Sharma and Rakesh Sharma are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 07 Sep 2023 | ₹1.10 Cr | Open |
Indian Bank Creation Date: 11 Oct 2014 | ₹4.86 Cr | Satisfied |
Oriental Bank Of Commerce Creation Date: 18 Nov 2013 | ₹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.
