Prakash Parcel Services Limited

Logistics company providing FTL, LTL, and express cargo services with own equipment and nationwide coverage.

2008 | Bangaluru, Karnataka (India) | Active
Last Updated: January 11, 2025

Prakash Parcel Services Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.99 Cr
  • Company Age 16 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 34.26 Cr
  • Satisfied Charges ₹ 51.27 Cr
  • Revenue Growth 26.01%
  • Profit Growth 105.22%
  • Ebitda 70.12%
  • Net Worth 8.77%
  • Total Assets 9.36%

About Prakash Parcel Services

Prakash Parcel Services Limited (PPSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 April 2008 and has a history of 16 years and nine months. Its registered office is in Bangaluru, Karnataka, 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 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 8.99 Cr.

The company currently has active open charges totaling ₹34.26 Cr. The company has closed loans amounting to ₹51.27 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ashok Gupta, Abhishek Gupta, Savita Gupta, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U63090KA2008PLC045923

  • Company No.

    045923

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Apr 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Transport and Logistics

What products or services does Prakash Parcel Services Limited offer?

Prakash Parcel Services Limited offers a wide range of products and services, including Forwarding & Custom Clearing, Cargo Transportation Services, Transportation Services, Part Truck Load Transport Service, Transport Agents & Bulk Carriers, Goods Transport Services, Warehouses and Warehousing Agents, Warehousing Services, Freight Forwarding Services, Goods Warehousing Service.

Who are the key members and board of directors at Prakash Parcel Services?

Executive Team (1)

Name Designation Appointment Date Status
Abhishek Gupta Country flag representing In Managing Director 23-Aug-2013 Current

Board Members (5)

Name Designation Appointment Date Status
Srinath Kuppuswamy Country flag representing In Director 20-Mar-2017 Current
Ashok Gupta Country flag representing In Director 04-Apr-2008 Current
Savita Gupta Country flag representing In Whole-Time Director 04-Apr-2008 Current
Rajnita Gupta Country flag representing In Director 20-Mar-2017 Current
Surendra Garg Country flag representing In Director 31-Mar-2023 Current

Financial Performance of Prakash Parcel Services.

Prakash Parcel Services Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 26.01% increase. The company also saw a substantial improvement in profitability, with a 105.22% increase in profit. The company's net worth moved up by a moderate rise of 8.77%.

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
26.01%
Revenue from Operations
28.05%
Total Assets
9.36%
Profit or Loss
105.22%
Net Worth
8.77%
EBITDA
70.12%

What is the Ownership and Shareholding Structure of Prakash Parcel Services?

In 2021, Prakash Parcel Services had a promoter holding of 74.18% and a public holding of 25.82%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹34.26 Cr

Satisfied Charges

₹51.27 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 32.86 Cr
  • Others : 1.40 Cr

Latest Charge Details

Date Lender Amount Status
28 Jan 2022 Others ₹1.03 M Open
14 Oct 2021 Others ₹1.30 Cr Open
26 Nov 2008 State Bank Of India ₹32.86 Cr Open
07 Apr 2017 Others ₹1.19 Cr Satisfied
07 Apr 2017 Others ₹7.81 M Satisfied

How Many Employees Work at Prakash Parcel Services?

Prakash Parcel Services has a workforce of 180 employees as of Apr 05, 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 Prakash Parcel 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 Prakash Parcel Services'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 Prakash Parcel Services

Recent activity within the organization

  • Annual General Meeting

    Prakash Parcel Services Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Prakash Parcel Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge registered on 21 Jul 2016 via Charge ID 100051428 with Others was fully satisfied on 24 Jan 2024.

    24 Jan 2024

  • Director Appointment

    Surendra Nandkumar Garg was appointed as a Director was appointed as a Director on 31 Mar 2023 & has been associated with this company since 1 year 10 months .

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 1.00 Cr registered on 21 Jul 2016 with Charge ID 100051428 was modified on 01 Mar 2023.

    01 Mar 2023

  • Charges

    A charge registered on 14 Mar 2012 via Charge ID 10353774 with State Bank Of India was fully satisfied on 11 Oct 2022.

    11 Oct 2022

Frequently asked questions

  • Prakash Parcel Services Limited was incorporated on 04 Apr 2008.

  • The authorized share capital of Prakash Parcel Services Limited is ₹ 10.00 Cr and paid-up capital is ₹ 8.99 Cr.

  • Currently 6 directors are associated with Prakash Parcel Services Limited.

    • Ashok Rajendra Prasad Gupta
    • Abhishek Ashok Gupta
    • Savita Ashok Gupta
    • Srinath Kuppuswamy
    • Rajnita Abhishek Gupta
    • Surendra Nandkumar Garg
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prakash Parcel Services Limited is 18/3 2Nd Floor 1St Main Off Mission Road Sampangiram Nagar, India, Bangalore, Karnataka, 560027.

  • The corporate identification number (CIN) of Prakash Parcel Services Limited is U63090KA2008PLC045923 and the company number is 045923 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prakash Parcel Services Limited is https://www.pps.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Prakash Parcel Services Limited has risen by 26.01%.

  • As Per 2022 financial reports, 180 employees are currently employed by Prakash Parcel Services Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Prakash Parcel Services Limited has experienced an upsurge of 8.77%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Prakash Parcel Services Limited amount to ₹ 34.26 Cr.

  • The most recent Balance Sheet for Prakash Parcel Services Limited was filed with the ROC on 31 Mar 2024.

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