Prasad International Private Limited

Manufacturer and trader of pigments and pigment preparations for various industries, with 3 units in Gujarat.

1993 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

Prasad International Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 5.29 M
  • Company Age 31 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 42.50 Cr
  • Satisfied Charges ₹ 7.75 Cr
  • Revenue Growth -15.24%
  • Profit Growth -36.37%
  • Ebitda 27.62%
  • Net Worth 2.20%
  • Total Assets -0.21%

About Prasad International

Prasad International Private Limited (PIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 March 1993 and has a history of 31 years and ten months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Prasad International Ltd. The Company is engaged in the Chemicals And Materials 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 1.50 Cr and a paid-up capital of Rs 5.29 M.

The company currently has active open charges totaling ₹42.50 Cr. The company has closed loans amounting to ₹7.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bhagyesh Parikh, Daxaben Parikh, and Atul Parikh serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U51909GJ1993PTC019192

  • Company No.

    019192

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Mar 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials

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

Executive Team (1)

Name Designation Appointment Date Status
Atul Parikh Country flag representing In Managing Director 24-Mar-1993 Current

Board Members (2)

Name Designation Appointment Date Status
Bhagyesh Parikh Country flag representing In Director 11-Aug-2005 Current
Daxaben Parikh Country flag representing In Director 11-Oct-2001 Current

Financial Performance of Prasad International.

Prasad International Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.24% decrease. The company also saw a substantial fall in profitability, with a 36.37% decrease in profit. The company's net worth moved up by a moderate rise of 2.2%.

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
-15.24%
Revenue from Operations
-15.65%
Total Assets
-0.21%
Profit or Loss
-36.37%
Net Worth
2.20%
EBITDA
27.62%

What is the Ownership and Shareholding Structure of Prasad International?

In 2023, Prasad International 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

₹42.50 Cr

Satisfied Charges

₹7.75 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 42.50 Cr

Latest Charge Details

Date Lender Amount Status
03 Nov 2008 State Bank Of India ₹42.50 Cr Open
01 Feb 2005 Bank Of Baroda ₹6.50 Cr Satisfied
30 Sep 1993 Bank Of Baroda ₹2.50 M Satisfied
30 Sep 1993 Bank Of Baroda ₹1.00 Cr Satisfied

How Many Employees Work at Prasad International?

Prasad International has a workforce of 80 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prasad International, 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 International'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 International

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Prasad International Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 42.50 Cr registered on 03 Nov 2008 with Charge ID 10135352 was modified on 26 Apr 2022.

    26 Apr 2022

  • Charges

    A charge registered on 30 Sep 1993 via Charge ID 80059463 with Bank Of Baroda was fully satisfied on 10 May 2010.

    10 May 2010

  • Charges

    A charge registered on 30 Sep 1993 via Charge ID 80059464 with Bank Of Baroda was fully satisfied on 10 May 2010.

    10 May 2010

  • Charges

    A charge registered on 01 Feb 2005 via Charge ID 90099982 with Bank Of Baroda was fully satisfied on 21 Jan 2009.

    21 Jan 2009

Frequently asked questions

  • Prasad International Private Limited was incorporated on 24 Mar 1993.

  • The authorized share capital of Prasad International Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 5.29 M.

  • Currently 3 directors are associated with Prasad International Private Limited.

    • Bhagyesh Atulbhai Parikh
    • Daxaben Atulbhai Parikh
    • Atul Vallabhdas Parikh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prasad International Private Limited is 308 To 313 3Rd Floor Satyamev Elite 200 Feet Sardar Patel Ring Road Ambli Bopal Junction, India, Daskroi, Gujarat, 380058.

  • The corporate identification number (CIN) of Prasad International Private Limited is U51909GJ1993PTC019192 and the company number is 019192 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prasad International Private Limited is https://www.prasadinternational.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prasad International Private Limited has fallen by -15.24%.

  • As Per 2023 financial reports, 80 employees are currently employed by Prasad International Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prasad International Private Limited has experienced an upsurge of 2.20%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prasad International Private Limited amount to ₹ 42.50 Cr.

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

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