Prara Leathers Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.43 Cr
- Company Age 27 Year, 8 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 eight 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
- 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
Prara Leathers Private Limited
Explore comprehensive data for Prara Leathers Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Prara Leathers?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vasudevarao Dhanekula  | Director | 05-Dec-2012 | Current |
| Dhanekula Kishore | Director | 01-Feb-2017 | Current |
| Prashanthi Mattaparthi | Director | 05-Dec-2012 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Council For Leather ExportsVasudevarao Dhanekula is a mutual person
Dhanekula Organic Farms & Resorts LlpVasudevarao Dhanekula and Prashanthi Mattaparthi are mutual person
- Avanti Leathers Limited
Vasudevarao Dhanekula and Dhanekula Kishore are mutual person
- Prara Footwear Private Limited
Vasudevarao Dhanekula and Dhanekula Kishore are mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Oct 2020 | Axis Bank Limited | ₹1.50 Cr | Open |
| 13 Mar 2018 | State Bank Of India | ₹19.00 Cr | Open |
| 24 Aug 2018 | Others | ₹2.55 M | Satisfied |
| 14 Jun 2017 | Axis Bank Limited | ₹9.75 Cr | Satisfied |
| 27 Aug 2004 | State Bank Of India | ₹1.75 Cr | Satisfied |
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.
Deals i
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
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
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.
- Balance Sheet
Prara Leathers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Charges
A charge registered on 24 Aug 2018 via Charge ID 100200693 with Others was fully satisfied on 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.
- Charges
A charge with Axis Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100386691 was registered on 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.
Frequently asked questions
What is the Incorporation or founding date of Prara Leathers Private Limited?
Prara Leathers Private Limited was incorporated on 06 Aug 1997.
What is authorized share capital and paid-up capital of Prara Leathers Private Limited?
The authorized share capital of Prara Leathers Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.43 Cr.
Who are the current board members & directors of Prara Leathers Private Limited?
Currently 3 directors are associated with Prara Leathers Private Limited.
- Vasudevarao Dhanekula
- Dhanekula Nanda Kishore
- Prashanthi Mattaparthi
What is the registered address of Prara Leathers Private Limited?
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.
What is the corporate identification number (CIN) and company number of Prara Leathers Private Limited?
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).
What is the official website of Prara Leathers Private Limited?
The Official website of Prara Leathers Private Limited is https://www.praraleathers.in
What has been the recent revenue trend for Prara Leathers Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Prara Leathers Private Limited has risen by 19.32%.
How many employees does Prara Leathers Private Limited currently have?
As Per 2023 financial reports, 219 employees are currently employed by Prara Leathers Private Limited.
What change has been observed in the net worth of Prara Leathers Private Limited, and by what percentage?
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%.
What are the total open charges for Prara Leathers Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Prara Leathers Private Limited amount to ₹ 20.50 Cr.
When was the last Balance Sheet of Prara Leathers Private Limited filed with the ROC?
The most recent Balance Sheet for Prara Leathers Private Limited was filed with the ROC on 31 Mar 2023.
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