Prasad Electrical Engineering Private Limited

Provides electrical installation, wiring, and fitting services.

1999 | Thane, Maharashtra (India) | Active
Last Updated:

Prasad Electrical Engineering Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 25 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.25 Cr
  • Revenue Growth -42.70%
  • Profit Growth 77.45%
  • Ebitda 31.57%
  • Net Worth -22.87%
  • Total Assets -60.96%

About Prasad Electrical Engineering

Prasad Electrical Engineering Private Limited (PEEPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 April 1999 and has a history of 25 years and ten months. Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Energy And Power 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 2.50 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹3.25 Cr.

Nitin Shembekar and Neha Shembekar serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    prasadelectricals.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45309MH1999PTC119457

  • Company No.

    119457

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Apr 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

What products or services does Prasad Electrical Engineering Private Limited offer?

Prasad Electrical Engineering Private Limited offers a wide range of products and services, including Solar Power Plants, Solar Rooftops, Solar Home Light, Solar Lighting System, Pumping Systems, Solar Water Pumping System, Solar Lighting, Solar LED Light, Solar LED Street Light, Plant & Equipment Erection Services.

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

Board Members (2)

NameDesignationAppointment DateStatus
Nitin Shembekar Country flag representing In Director 16-Apr-1999Current
Neha Shembekar Country flag representing In Director 12-Aug-2013Current

Financial Performance of Prasad Electrical Engineering.

Prasad Electrical Engineering Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 42.7% decrease. The company also saw a substantial improvement in profitability, with a 77.45% increase in profit. The company's net worth observed a substantial decline by a decrease of 22.87%.

Prasad Electrical Engineering revenue growth over time
Prasad Electrical Engineering 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
-42.70%
Revenue from Operations
-43.40%
Total Assets
-60.96%
Profit or Loss
77.45%
Net Worth
-22.87%
EBITDA
31.57%

What is the Ownership and Shareholding Structure of Prasad Electrical Engineering?

In 2021, Prasad Electrical 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

₹32.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.75 Cr
  • Dombivli Nagari Sahakari Bank Ltd. : 1.46 Cr
  • Dombivli Nagri Sahakari Bank Limited : 0.03 Cr
  • The United Western Bank Ltd; : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
24 Feb 2016Others₹1.75 CrOpen
09 Jun 2007Dombivli Nagri Sahakari Bank Limited₹0.30 MOpen
25 Oct 2005Dombivli Nagari Sahakari Bank Ltd.₹1.46 CrOpen
04 Nov 2004The United Western Bank Ltd;₹0.05 MOpen

How Many Employees Work at Prasad Electrical Engineering?

Prasad Electrical Engineering has a workforce of 13 employees as of Apr 03, 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.

Employee growth trends for Prasad Electrical Engineering Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prasad Electrical 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 Prasad Electrical 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 Prasad Electrical Engineering

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Prasad Electrical Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Others of Rs. 17.50 M registered on 24 Feb 2016 with Charge ID 10627678 was modified on 28 Dec 2018.

  • Charges

    A charge with Others amounted to Rs. 17.50 M with Charge ID 10627678 was registered on 24 Feb 2016.

  • Director Appointment

    Neha Nitin Shembekar was appointed as a Director was appointed as a Director on 12 Aug 2013 & has been associated with this company since 11 years 6 months .

  • Charges

    A charge with Dombivli Nagari Sahakari Bank Ltd. of Rs. 14.65 M registered on 25 Oct 2005 with Charge ID 90232571 was modified on 12 May 2012.

Frequently asked questions

  • What is the Incorporation or founding date of Prasad Electrical Engineering Private Limited?

    Prasad Electrical Engineering Private Limited was incorporated on 16 Apr 1999.

  • What is authorized share capital and paid-up capital of Prasad Electrical Engineering Private Limited?

    The authorized share capital of Prasad Electrical Engineering Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.00 M.

  • Who are the current board members & directors of Prasad Electrical Engineering Private Limited?

    Currently 2 directors are associated with Prasad Electrical Engineering Private Limited.

    • Nitin Sadanand Shembekar
    • Neha Nitin Shembekar

  • What is the registered address of Prasad Electrical Engineering Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Prasad Electrical Engineering Private Limited is Raman Vihar Tilak Nagar India, Kalyan, Maharashtra, 421201.

  • What is the corporate identification number (CIN) and company number of Prasad Electrical Engineering Private Limited?

    The corporate identification number (CIN) of Prasad Electrical Engineering Private Limited is U45309MH1999PTC119457 and the company number is 119457 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Prasad Electrical Engineering Private Limited?

    The Official website of Prasad Electrical Engineering Private Limited is https://www.prasadelectricals.in

  • What has been the recent revenue trend for Prasad Electrical Engineering Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Prasad Electrical Engineering Private Limited has fallen by -42.70%.

  • How many employees does Prasad Electrical Engineering Private Limited currently have?

    As Per 2021 financial reports, 13 employees are currently employed by Prasad Electrical Engineering Private Limited.

  • What change has been observed in the net worth of Prasad Electrical Engineering Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Prasad Electrical Engineering Private Limited has experienced an downturn of -22.87%.

  • What are the total open charges for Prasad Electrical Engineering Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Prasad Electrical Engineering Private Limited amount to ₹ 3.25 Cr.

  • When was the last Balance Sheet of Prasad Electrical Engineering Private Limited filed with the ROC?

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

People also Viewed

Similar Companies Based on BoP & BTG Services