Prakash Seating Private Limited

Founded in 2013 and headquartered in Karnataka, India.

2013 | Bangaluru, Karnataka (India) | Active
Last Updated: December 24, 2024

Prakash Seating Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 12 Year, 2 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 2.25 Cr
  • Revenue Growth -95.52%
  • Profit Growth -172.69%
  • Ebitda -155.76%
  • Net Worth -279.56%
  • Total Assets -50.87%

About Prakash Seating

Prakash Seating Private Limited (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 February 2013 and has a history of 12 years. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Automobile 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 5.00 Cr and a paid-up capital of Rs 5.00 Cr.

The company has closed loans amounting to ₹2.25 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70200KA2013PTC067709

  • Company No.

    067709

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Feb 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automobile

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

Board Members (2)

Name Designation Appointment Date Status
Pradeep Ambavaram Country flag representing In Director 28-Jun-2013 Current
Vaibhav Narang Country flag representing In Director 01-Feb-2013 Current

Financial Performance of Prakash Seating.

Prakash Seating Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 95.52% decrease. The company also saw a substantial fall in profitability, with a 172.69% decrease in profit. The company's net worth observed a substantial decline by a decrease of 279.56%.

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
-95.52%
Revenue from Operations
-96.06%
Total Assets
-50.87%
Profit or Loss
-172.69%
Net Worth
-279.56%
EBITDA
-155.76%

What is the Ownership and Shareholding Structure of Prakash Seating?

In 2021, Prakash Seating had a promoter holding of 51.00% and a public holding of 49.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹2.25 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 2.25 Cr

Latest Charge Details

Date Lender Amount Status
24 Feb 2014 Canara Bank ₹2.25 Cr Satisfied

How Many Employees Work at Prakash Seating?

Prakash Seating has a workforce of 3 employees as of Mar 29, 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 Seating, 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 Seating'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 Seating

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Prakash Seating Private 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 24 Feb 2014 via Charge ID 10480953 with Canara Bank was fully satisfied on 06 Aug 2019.

    06 Aug 2019

  • Charges

    A charge with Canara Bank of Rs. 2.25 Cr registered on 24 Feb 2014 with Charge ID 10480953 was modified on 01 Sep 2015.

    01 Sep 2015

  • Charges

    A charge with Canara Bank amounted to Rs. 2.25 Cr with Charge ID 10480953 was registered on 24 Feb 2014.

    24 Feb 2014

  • Director Appointment

    Pradeep Ambavaram was appointed as a Director was appointed as a Director on 28 Jun 2013 & has been associated with this company since 11 years 7 months .

    28 Jun 2013

Frequently asked questions

  • Prakash Seating Private Limited was incorporated on 01 Feb 2013.

  • The authorized share capital of Prakash Seating Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Currently 2 directors are associated with Prakash Seating Private Limited.

    • Pradeep Ambavaram
    • Vaibhav Narang
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prakash Seating Private Limited is No 24 4Th Floor Comfort Towers 10Th Cross Road Wilson Garden, India, Bangalore, Karnataka, 560027.

  • The corporate identification number (CIN) of Prakash Seating Private Limited is U70200KA2013PTC067709 and the company number is 067709 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prakash Seating Private Limited is https://www.prakashseating.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Prakash Seating Private Limited has fallen by -95.52%.

  • As Per 2021 financial reports, 3 employees are currently employed by Prakash Seating Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Prakash Seating Private Limited has experienced an downturn of -279.56%.

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

People also Viewed

Similar Companies Based on Semi Trailers