Prara Leathers Private Limited

Specializes in manufacturing a variety of high-quality leather products for footwear and accessories.

1997 | Chennai, Tamil Nadu (India) | Active
Last Updated: November 15, 2024

Prara Leathers Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.43 Cr
  • Company Age 27 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.50 Cr
  • Satisfied Charges ₹ 11.76 Cr
  • Revenue Growth 19.32%
  • Profit Growth 42.27%
  • Ebitda 32.37%
  • Net Worth 17.63%
  • Total Assets 13.01%

About Prara Leathers

Prara Leathers Private Limited (PLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 August 1997 and has a history of 27 years and six months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as S.L.S.Leathers Private Limited. The Company is engaged in the Manufacturing 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 2.00 Cr and a paid-up capital of Rs 1.43 Cr.

The company currently has active open charges totaling ₹20.50 Cr. The company has closed loans amounting to ₹11.76 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vasudevarao Dhanekula, Dhanekula Kishore, and Prashanthi Mattaparthi serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    praraleathers.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18209TN1997PTC038785

  • Company No.

    038785

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Aug 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

Who are the key members and board of directors at Prara Leathers?

Board Members (3)

NameDesignationAppointment DateStatus
Vasudevarao Dhanekula Country flag representing In Director 05-Dec-2012Current
Dhanekula Kishore Country flag representing In Director 01-Feb-2017Current
Prashanthi Mattaparthi Country flag representing In Director 05-Dec-2012Current

Financial Performance of Prara Leathers.

Prara Leathers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.32% increase. The company also saw a substantial improvement in profitability, with a 42.27% increase in profit. The company's net worth Soared by an impressive increase of 17.63%.

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
19.32%
Revenue from Operations
19.03%
Total Assets
13.01%
Profit or Loss
42.27%
Net Worth
17.63%
EBITDA
32.37%

What is the Ownership and Shareholding Structure of Prara Leathers?

In 2023, Prara Leathers 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)

Open Charges

₹20.50 Cr

Satisfied Charges

₹11.76 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 19.00 Cr
  • Axis Bank Limited : 1.50 Cr

Latest Charge Details

DateLenderAmountStatus
29 Oct 2020Axis Bank Limited₹1.50 CrOpen
13 Mar 2018State Bank Of India₹19.00 CrOpen
24 Aug 2018Others₹2.55 MSatisfied
14 Jun 2017Axis Bank Limited₹9.75 CrSatisfied
27 Aug 2004State Bank Of India₹1.75 CrSatisfied

How Many Employees Work at Prara Leathers?

Prara Leathers has a workforce of 219 employees as of Apr 08, 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 Prara Leathers, 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 Prara Leathers'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 Prara Leathers

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge registered on 24 Aug 2018 via Charge ID 100200693 with Others was fully satisfied on 21 Jan 2022.

    21 Jan 2022

  • Charges

    A charge with State Bank Of India of Rs. 19.00 Cr registered on 13 Mar 2018 with Charge ID 100166421 was modified on 29 Oct 2021.

    29 Oct 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100386691 was registered on 29 Oct 2020.

    29 Oct 2020

  • Charges

    A charge registered on 14 Jun 2017 via Charge ID 100115209 with Axis Bank Limited was fully satisfied on 29 Oct 2018.

    29 Oct 2018

Frequently asked questions

  • Prara Leathers Private Limited was incorporated on 06 Aug 1997.

  • The authorized share capital of Prara Leathers Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.43 Cr.

  • Currently 3 directors are associated with Prara Leathers Private Limited.

    • Vasudevarao Dhanekula
    • Dhanekula Nanda Kishore
    • Prashanthi Mattaparthi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prara Leathers Private Limited is Ap 864 H' Block 12Th Main Road Second Street, Anna Nagar India, Chennai, Tamil Nadu, 600040.

  • The corporate identification number (CIN) of Prara Leathers Private Limited is U18209TN1997PTC038785 and the company number is 038785 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prara Leathers Private Limited is https://www.praraleathers.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prara Leathers Private Limited has risen by 19.32%.

  • As Per 2023 financial reports, 219 employees are currently employed by Prara Leathers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prara Leathers Private Limited has experienced an upsurge of 17.63%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prara Leathers Private Limited amount to ₹ 20.50 Cr.

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

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