Prasad Corporation Profile
Key Indicators
- Authorised Capital ₹ 46.20 Cr
- Paid Up Capital ₹ 4.96 Cr
- Company Age 30 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 38.63 Cr
- Satisfied Charges ₹ 41.49 Cr
- Revenue Growth -1.78%
- Profit Growth 2857.23%
- Ebitda 41.16%
- Net Worth 8.80%
- Total Assets 10.45%
About Prasad Corporation
Prasad Corporation Private Limited (PCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 July 1994 and has a history of 30 years and seven months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Prasad Corporation Limited. The Company is engaged in the Media And Publishing 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 46.20 Cr and a paid-up capital of Rs 4.96 Cr.
The company currently has active open charges totaling ₹38.63 Cr. The company has closed loans amounting to ₹41.49 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Prasad Corporation Private Limited India are Dhirav Shah as COMPANY SECRETARY and Ramani Sabesan as Cfo. Kavita Saiprasad, Akkeneni Saiprasad, and Abhishek Akkineni 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
U32301TN1994PTC028160
- Company No.
028160
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Jul 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Media and Publishing
Who are the key members and board of directors at Prasad Corporation?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dhirav Shah  | Company Secretary | 31-May-2019 | Current |
| Ramani Sabesan | CFO | 03-Apr-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Akkeneni Saiprasad | Director | 22-Aug-1994 | Current |
| Kavita Saiprasad | Whole-Time Director | 22-Aug-1994 | Current |
| Abhishek Akkineni | Director | 30-Sep-2022 | Current |
Financial Performance of Prasad Corporation.
Prasad Corporation Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 1.78% decrease. The company also saw a substantial improvement in profitability, with a 2857.23% increase in profit. The company's net worth moved up by a moderate rise of 8.8%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Prasad Corporation?
In 2021, Prasad Corporation 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)
Prasad Extreme Digital Cinema Network Private LimitedAkkeneni Saiprasad is a mutual person
Prasad Film Laboratories Pvt LtdAkkeneni Saiprasad and Abhishek Akkineni are mutual person
Prasad Productions Private LimitedAkkeneni Saiprasad and Abhishek Akkineni are mutual person
Prasad Media Corporation Private LimitedAkkeneni Saiprasad and Abhishek Akkineni are mutual person
- L. V. Prasad Education And Research Foundation
Kavita Saiprasad and Akkeneni Saiprasad are mutual person
- Efx Interactive Private Limited
Kavita Saiprasad, Akkeneni Saiprasad and 1 more are mutual person
Charges (Loans)
Open Charges
₹38.63 Cr
Satisfied Charges
₹41.49 Cr
Charges Breakdown by Lending Institutions
- Others : 37.75 Cr
- Hdfc Bank Limited : 0.46 Cr
- Fidelity Finance Limited : 0.43 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Aug 2024 | Others | ₹24.25 Cr | Open |
| 23 Feb 2024 | Others | ₹5.50 Cr | Open |
| 01 Dec 2023 | Others | ₹8.00 Cr | Open |
| 07 Jul 2023 | Hdfc Bank Limited | ₹4.60 M | Open |
| 15 Mar 1996 | Fidelity Finance Limited | ₹4.25 M | Open |
How Many Employees Work at Prasad Corporation?
Prasad Corporation has a workforce of 380 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Prasad Corporation, 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 Prasad Corporation'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 Prasad Corporation
Recent activity within the organization
- Annual General Meeting
Prasad Corporation Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 24.25 Cr with Charge ID 100972959 was registered on 22 Aug 2024.
- Charges
A charge registered on 01 Jun 2022 via Charge ID 100586071 with State Bank Of India was fully satisfied on 09 Aug 2024.
- Charges
A charge registered on 01 Jun 2022 via Charge ID 100586077 with State Bank Of India was fully satisfied on 09 Aug 2024.
- Director Appointment
Ramani Sabesan was appointed as a Cfo was appointed as a Cfo on 03 Apr 2024 & has been associated with this company since 11 months 8 days .
- Balance Sheet
Prasad Corporation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Frequently asked questions
What is the Incorporation or founding date of Prasad Corporation Private Limited?
Prasad Corporation Private Limited was incorporated on 22 Jul 1994.
What is authorized share capital and paid-up capital of Prasad Corporation Private Limited?
The authorized share capital of Prasad Corporation Private Limited is ₹ 46.20 Cr and paid-up capital is ₹ 4.96 Cr.
Who are the current board members & directors of Prasad Corporation Private Limited?
Currently 5 directors are associated with Prasad Corporation Private Limited.
- Kavita Saiprasad
- Akkeneni Saiprasad
- Abhishek Prasad Akkineni
- Dhirav Ramesh Shah
- Ramani Sabesan
What is the registered address of Prasad Corporation Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Prasad Corporation Private Limited is No.28(Old No.27) Arunachalam Road, Arunachalam India, Chennai, Tamil Nadu, 600093.
What is the corporate identification number (CIN) and company number of Prasad Corporation Private Limited?
The corporate identification number (CIN) of Prasad Corporation Private Limited is U32301TN1994PTC028160 and the company number is 028160 as per Ministry of Corporate Affairs (MCA).
What is the official website of Prasad Corporation Private Limited?
The Official website of Prasad Corporation Private Limited is https://www.prasadcorp.com
What has been the recent revenue trend for Prasad Corporation Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Prasad Corporation Private Limited has fallen by -1.78%.
How many employees does Prasad Corporation Private Limited currently have?
As Per 2022 financial reports, 380 employees are currently employed by Prasad Corporation Private Limited.
What change has been observed in the net worth of Prasad Corporation Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Prasad Corporation Private Limited has experienced an upsurge of 8.80%.
What are the total open charges for Prasad Corporation Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Prasad Corporation Private Limited amount to ₹ 38.63 Cr.
When was the last Balance Sheet of Prasad Corporation Private Limited filed with the ROC?
The most recent Balance Sheet for Prasad Corporation Private Limited was filed with the ROC on 31 Mar 2024.
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