Prakala Wealth Private Limited logo

Prakala Wealth Private Limited

Provides investment services including mutual funds, insurance, and fixed deposits.
2006 | Chennai, Tamil Nadu (India) | Active

Last Updated:

July 06, 2024
HomeCompanyPrakala Wealth Private Limited

Who are the key members and board of directors at Prakala Wealth?

Board Members(2)

NameDesignationAppointment DateStatus
Chokkalingam Meenakshi In Director 29-Jun-2006Current
Chokkalingam Palaniappan In Director 29-Jun-2006Current

Financial Performance of Prakala Wealth.

Prakala Wealth Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 23.65% increase. The company also saw a substantial improvement in profitability, with a 213.32% increase in profit. The company's net worth Soared by an impressive increase of 54.45%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
23.65%
Revenue from Operations
23.15%
Total Assets
22.78%
Profit or Loss
213.32%
Net Worth
54.45%
EBITDA
36.24%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹0.58 M

LenderAmountStatus

Lakshmi Vilas Bank Limited

Creation Date: 05 Dec 2019
₹0.58 MOpen

How Many Employees Work at Prakala Wealth?

Unlock and access historical data on people associated with Prakala Wealth, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

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Latest Updates, News, and FAQs on Prakala Wealth

Recent activity within the organization

  • Annual General Meeting

    Prakala Wealth Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Prakala Wealth Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Lakshmi Vilas Bank Limited amounted to Rs. 0.58 M with Charge ID 100311860 was registered on 05 Dec 2019.

    05 Dec 2019

  • Director Appointment

    Chokkalingam Palaniappan was appointed as a Director was appointed as a Director on 29 Jun 2006 & has been associated with this company since 18 years 5 months .

    29 Jun 2006

  • Director Appointment

    Chokkalingam Meenakshi was appointed as a Director was appointed as a Director on 29 Jun 2006 & has been associated with this company since 18 years 5 months .

    29 Jun 2006

  • Company Incorporation

    Prakala Wealth Private Limited was registered on 29 Jun 2006 with Roc Chennai & aged 18 years 5 months as per MCA records.

    29 Jun 2006

Frequently asked questions

  • Prakala Wealth Private Limited was incorporated on 29 Jun 2006.

  • The authorized share capital of Prakala Wealth Private Limited is ₹ 7.00 M and paid-up capital is ₹ 6.25 M.

  • Currently 2 directors are associated with Prakala Wealth Private Limited.

    • Chokkalingam Palaniappan
    • Chokkalingam Meenakshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prakala Wealth Private Limited is First Floor 2/102 Third Street, Karpagam Avenue, Chennai, Tamil Nadu, India, 600028.

  • The corporate identification number (CIN) of Prakala Wealth Private Limited is U65999TN2006PTC060392 and the company number is 060392 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prakala Wealth Private Limited is https://www.prakala.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Prakala Wealth Private Limited has risen by 23.65%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Prakala Wealth Private Limited has experienced an upsurge of 54.45%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Prakala Wealth Private Limited amount to ₹ 0.58 M.

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

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