Praise Telecommunications Private Limited

Founded in 2015 and headquartered in Telangana, India.

2015 | Hyderabad, Telangana (India) | Active
Last Updated: December 12, 2024

Praise Telecommunications Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 9 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 97.95%
  • Profit Growth 68.21%
  • Ebitda -26.89%
  • Net Worth 127.90%
  • Total Assets 51.74%

About Praise Telecommunications

Praise Telecommunications Private Limited (PTPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 September 2015 (Nine years and five months 6 days old ). Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Telecommunication 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Kameswara Koneti, Sravani Karri, and Satyanarayana Guttula serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U64200TG2015PTC100682

  • Company No.

    100682

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Sep 2015

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Telecommunication

Who are the key members and board of directors at Praise Telecommunications?

Board Members (3)

Name Designation Appointment Date Status
Kameswara Koneti Country flag representing In Director 18-Jun-2018 Current
Sravani Karri Country flag representing In Director 18-Jun-2018 Current
Satyanarayana Guttula Country flag representing In Director 18-Jun-2018 Current

Financial Performance of Praise Telecommunications.

Praise Telecommunications Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 97.95% increase. The company also saw a substantial improvement in profitability, with a 68.21% increase in profit. The company's net worth Soared by an impressive increase of 127.9%.

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
97.95%
Revenue from Operations
97.63%
Total Assets
51.74%
Profit or Loss
68.21%
Net Worth
127.90%
EBITDA
-26.89%

What is the Ownership and Shareholding Structure of Praise Telecommunications?

In 2017, Praise Telecommunications had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Praise Telecommunications?

Praise Telecommunications has a workforce of 2 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Praise Telecommunications, 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 Telecommunications'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 Praise Telecommunications

Recent activity within the organization

  • Annual General Meeting

    Praise Telecommunications Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Praise Telecommunications Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Director Appointment

    Kameswara Rao Koneti was appointed as a Director was appointed as a Director on 18 Jun 2018 & has been associated with this company since 6 years 7 months .

    18 Jun 2018

  • Director Appointment

    Sravani Karri was appointed as a Director was appointed as a Director on 18 Jun 2018 & has been associated with this company since 6 years 7 months .

    18 Jun 2018

  • Director Appointment

    Satyanarayana Veera Venkata Guttula was appointed as a Director was appointed as a Director on 18 Jun 2018 & has been associated with this company since 6 years 7 months .

    18 Jun 2018

  • Company Incorporation

    Praise Telecommunications Private Limited was registered on 10 Sep 2015 with Roc Hyderabad & aged 9 years 5 months as per MCA records.

    10 Sep 2015

Frequently asked questions

  • Praise Telecommunications Private Limited was incorporated on 10 Sep 2015.

  • The authorized share capital of Praise Telecommunications Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Praise Telecommunications Private Limited.

    • Kameswara Rao Koneti
    • Sravani Karri
    • Satyanarayana Veera Venkata Guttula
  • As per Ministry of Corporate Affairs (Mca), the registered address of Praise Telecommunications Private Limited is Plot No. 87/1 H. 30/265/21/87/1 Rkh Colony Rao Nagar Road No.3, Mal Kajgiri India, Hyderabad, Telangana, 500062.

  • The corporate identification number (CIN) of Praise Telecommunications Private Limited is U64200TG2015PTC100682 and the company number is 100682 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Praise Telecommunications Private Limited is https://www.praisetelecommunications.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Praise Telecommunications Private Limited has risen by 97.95%.

  • As Per 2020 financial reports, 2 employees are currently employed by Praise Telecommunications Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Praise Telecommunications Private Limited has experienced an upsurge of 127.90%.

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

People also Viewed

Similar Companies Based on Wired