Prarthana Engineering Private Limited

This company manufactures cylinder liners for engines and supplies to domestic and international markets.

1993 | Shimoga, Karnataka (India) | Active
Last Updated: November 16, 2024

Prarthana Engineering Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.46 Cr
  • Company Age 31 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.65 Cr
  • Satisfied Charges ₹ 20.00 Cr
  • Revenue Growth 26.24%
  • Profit Growth 68.67%
  • Ebitda 39.40%
  • Net Worth 13.75%
  • Total Assets -0.43%

About Prarthana Engineering

Prarthana Engineering Private Limited (PEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 June 1993 and has a history of 31 years and eight months. Its registered office is in Shimoga, Karnataka, India.

The Company is engaged in the Machinery And Equipment 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 4.46 Cr.

The company currently has active open charges totaling ₹10.65 Cr. The company has closed loans amounting to ₹20.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gowdar Pruthviraj, Kittur Narayan, Shanthappanavara Rudregowda, and Six other members serve as directors at the Company.

Company Details

  • Location

    Shimoga, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    prarthanaliners.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27209KA1993PTC014452

  • Company No.

    014452

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jun 1993

  • Date of AGM

    20 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

Who are the key members and board of directors at Prarthana Engineering?

Board Members (9)

NameDesignationAppointment DateStatus
Gowdar Pruthviraj Country flag representing In Director 24-Jan-1995Current
Kittur Narayan Country flag representing In Director 18-Jun-1993Current
Shanthappanavara Rudregowda Country flag representing In Director 26-Aug-1998Current
Majjige Halappa Country flag representing In Director 24-Jan-1995Current
Rajani Sathish Country flag representing In Director 24-Jun-1995Current
Indira Country flag representing In Director 24-Jun-1995Current

Financial Performance of Prarthana Engineering.

Prarthana Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.24% increase. The company also saw a substantial improvement in profitability, with a 68.67% increase in profit. The company's net worth Soared by an impressive increase of 13.75%.

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
26.24%
Revenue from Operations
26.28%
Total Assets
-0.43%
Profit or Loss
68.67%
Net Worth
13.75%
EBITDA
39.40%

What is the Ownership and Shareholding Structure of Prarthana Engineering?

In 2023, Prarthana Engineering 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

₹10.65 Cr

Satisfied Charges

₹20.00 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 10.65 Cr

Latest Charge Details

DateLenderAmountStatus
25 Jul 2024Canara Bank₹2.00 CrOpen
18 Feb 2022Canara Bank₹8.65 CrOpen
14 Feb 2018Axis Bank Limited₹8.57 CrSatisfied
22 Aug 2016Others₹0.17 MSatisfied
17 Jul 2014Canara Bank₹0.73 MSatisfied

How Many Employees Work at Prarthana Engineering?

Prarthana Engineering has a workforce of 97 employees as of Apr 07, 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 Prarthana Engineering, 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 Prarthana Engineering'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 Prarthana Engineering

Recent activity within the organization

  • Charges

    A charge with Canara Bank amounted to Rs. 2.00 Cr with Charge ID 100974621 was registered on 25 Jul 2024.

    25 Jul 2024

  • Annual General Meeting

    Prarthana Engineering Private Limited last Annual general meeting of members was held on 20 Jul 2024 as per latest MCA records.

    20 Jul 2024

  • Balance Sheet

    Prarthana Engineering 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 14 Feb 2018 via Charge ID 100160200 with Axis Bank Limited was fully satisfied on 15 Jul 2022.

    15 Jul 2022

  • Charges

    A charge with Canara Bank of Rs. 8.65 Cr registered on 18 Feb 2022 with Charge ID 100546060 was modified on 30 Jun 2022.

    30 Jun 2022

  • Charges

    A charge registered on 22 Aug 2016 via Charge ID 100054733 with Others was fully satisfied on 06 Apr 2022.

    06 Apr 2022

Frequently asked questions

  • Prarthana Engineering Private Limited was incorporated on 18 Jun 1993.

  • The authorized share capital of Prarthana Engineering Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.46 Cr.

  • Currently 9 directors are associated with Prarthana Engineering Private Limited.

    • Gowdar Panchaksharan Pruthviraj
    • Kittur Venkatasubbaiah Narayan
    • Shanthappanavara Rudregowda
    • Majjige Halappa
    • Rajani Sathish
    • Indira
    • Basavapatna Nanjunda Setty Kavitha
    • Malavika Doddamane Basavaraj
    • Basavapatna Chickobashetty Nanjundasetty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prarthana Engineering Private Limited is 25-B Bhadravathi Industrial Area Machenahalli Nidigi Post, India, Shimoga, Karnataka, 577222.

  • The corporate identification number (CIN) of Prarthana Engineering Private Limited is U27209KA1993PTC014452 and the company number is 014452 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prarthana Engineering Private Limited is https://www.prarthanaliners.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prarthana Engineering Private Limited has risen by 26.24%.

  • As Per 2023 financial reports, 97 employees are currently employed by Prarthana Engineering Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prarthana Engineering Private Limited has experienced an upsurge of 13.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prarthana Engineering Private Limited amount to ₹ 10.65 Cr.

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