Praise Shipping Services Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 19 Year, 4 Months
- Last Filing with ROC 31 Mar 2020
- Open Charges ₹ 4.00 M
- Revenue Growth -61.79%
- Profit Growth 7.35%
- Ebitda 30.87%
- Net Worth -25.25%
- Total Assets -1.31%
About Praise Shipping Services
Praise Shipping Services Private Limited (PSSPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 November 2005 and has a history of 19 years and four months. Its registered office is in Ernakulam, Kerala, India.
The Company is engaged in the Transport And Logistics Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹4.00 M.
Jacob Paul and Sindu Jacob serve as directors at the Company.
Company Details
- Location
Ernakulam, Kerala, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U63090KL2005PTC018772
- Company No.
018772
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Nov 2005
- Date of AGM
31 Dec 2020
- Date of Balance Sheet
31 Mar 2020
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Transport and Logistics
Who are the key members and board of directors at Praise Shipping Services?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jacob Paul  | Director | 11-Jan-2012 | Current |
| Sindu Jacob | Director | 02-Nov-2005 | Current |
Financial Performance of Praise Shipping Services.
Praise Shipping Services Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 61.79% decrease. The company also saw a slight improvement in profitability, with a 7.35% increase in profit. The company's net worth observed a substantial decline by a decrease of 25.25%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Praise Shipping Services?
In 2018, Praise Shipping Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Climate Positive Resource FoundationJacob Paul is a mutual person
Charges (Loans)
Open Charges
₹4.00 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- The Federal Bank Limited : 0.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Feb 2012 | The Federal Bank Limited | ₹4.00 M | Open |
How Many Employees Work at Praise Shipping Services?
Unlock and access historical data on people associated with Praise Shipping Services, 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 Shipping Services, 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 Shipping Services'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 Shipping Services
Recent activity within the organization
- Annual General Meeting
Praise Shipping Services Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
- Balance Sheet
Praise Shipping Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Ernakulam.
- Charges
A charge with The Federal Bank Limited amounted to Rs. 4.00 M with Charge ID 10337786 was registered on 08 Feb 2012.
- Director Appointment
Jacob Paul was appointed as a Director was appointed as a Director on 11 Jan 2012 & has been associated with this company since 13 years 2 months .
- Director Appointment
Sindu Susan Jacob was appointed as a Director was appointed as a Director on 02 Nov 2005 & has been associated with this company since 19 years 4 months .
- Company Incorporation
Praise Shipping Services Private Limited was registered on 02 Nov 2005 with Roc Ernakulam & aged 19 years 4 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Praise Shipping Services Private Limited?
Praise Shipping Services Private Limited was incorporated on 02 Nov 2005.
What is authorized share capital and paid-up capital of Praise Shipping Services Private Limited?
The authorized share capital of Praise Shipping Services Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.
Who are the current board members & directors of Praise Shipping Services Private Limited?
Currently 2 directors are associated with Praise Shipping Services Private Limited.
- Jacob Paul
- Sindu Susan Jacob
What is the registered address of Praise Shipping Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Praise Shipping Services Private Limited is Plot No 27B Cat Iii 2Nd Floor Handicrafts Building Indira Gandhi Road, W.Island India, Kochi, Kerala, 682003.
What is the corporate identification number (CIN) and company number of Praise Shipping Services Private Limited?
The corporate identification number (CIN) of Praise Shipping Services Private Limited is U63090KL2005PTC018772 and the company number is 018772 as per Ministry of Corporate Affairs (MCA).
What is the official website of Praise Shipping Services Private Limited?
The Official website of Praise Shipping Services Private Limited is https://www.praiseshippingservices.com
What has been the recent revenue trend for Praise Shipping Services Private Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Praise Shipping Services Private Limited has fallen by -61.79%.
What change has been observed in the net worth of Praise Shipping Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Praise Shipping Services Private Limited has experienced an downturn of -25.25%.
What are the total open charges for Praise Shipping Services Private Limited?
As per the financial statements for fiscal Year 2020, The total open charges for Praise Shipping Services Private Limited amount to ₹ 4.00 M.
When was the last Balance Sheet of Praise Shipping Services Private Limited filed with the ROC?
The most recent Balance Sheet for Praise Shipping Services Private Limited was filed with the ROC on 31 Mar 2020.
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