Prashanth Projects Limited

Designs and constructs petroleum storage tanks and terminals for domestic and international clients.

1989 | Thane, Maharashtra (India) | Active
Last Updated: December 12, 2024

Prashanth Projects Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.78 Cr
  • Company Age 35 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 34.54 Cr
  • Revenue Growth -19.21%
  • Profit Growth 6.97%
  • Ebitda -4.26%
  • Net Worth 56.93%
  • Total Assets 56.10%

About Prashanth Projects

Prashanth Projects Limited (PPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 April 1989 and has a history of 35 years and ten months. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Prashanth Air Coolers Private Limited. The Company is engaged in the Engineering 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 3.78 Cr.

The company has closed loans amounting to ₹34.54 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Santhanam Ayyappan, Dasarathi Ammal, and Sudharshan Ammal serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    prashanthprojects.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29192MH1989PLC051410

  • Company No.

    051410

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Apr 1989

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Engineering

Who are the key members and board of directors at Prashanth Projects?

Board Members (3)

NameDesignationAppointment DateStatus
Santhanam Ayyappan Country flag representing In Director 20-Aug-2019Current
Dasarathi Ammal Country flag representing In Director 24-Sep-2015Current
Sudharshan Ammal Country flag representing In Director 01-Apr-2010Current

Financial Performance of Prashanth Projects.

Prashanth Projects Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 19.21% decrease. The company also saw a slight improvement in profitability, with a 6.97% increase in profit. The company's net worth Soared by an impressive increase of 56.93%.

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
-19.21%
Revenue from Operations
-26.23%
Total Assets
56.10%
Profit or Loss
6.97%
Net Worth
56.93%
EBITDA
-4.26%

What is the Ownership and Shareholding Structure of Prashanth Projects?

In 2020, Prashanth Projects had a promoter holding of 99.80% and a public holding of 0.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹34.54 Cr

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 33.85 Cr
  • Sundaram Finance Limited : 0.62 Cr
  • Indian Bank : 0.07 Cr

Latest Charge Details

DateLenderAmountStatus
31 Aug 2012Sundaram Finance Limited₹6.20 MSatisfied
18 Sep 2010Indian Bank₹0.65 MSatisfied
24 Jul 2000Union Bank Of India₹1.50 CrSatisfied
03 Dec 1998Union Bank Of India₹29.23 CrSatisfied
02 Nov 1998Union Bank Of India₹2.00 CrSatisfied

How Many Employees Work at Prashanth Projects?

Prashanth Projects has a workforce of 16 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 Prashanth Projects, 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 Prashanth Projects'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 Prashanth Projects

Recent activity within the organization

  • Annual General Meeting

    Prashanth Projects Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Prashanth Projects Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 18 Sep 2010 via Charge ID 10245105 with Indian Bank was fully satisfied on 22 Sep 2021.

    22 Sep 2021

  • Director Appointment

    Santhanam Ayyappan was appointed as a Director was appointed as a Director on 20 Aug 2019 & has been associated with this company since 5 years 6 months .

    20 Aug 2019

  • Charges

    A charge with Indian Bank of Rs. 0.07 Cr registered on 18 Sep 2010 with Charge ID 10245105 was modified on 25 Feb 2019.

    25 Feb 2019

  • Charges

    A charge registered on 31 Aug 2012 via Charge ID 10377874 with Sundaram Finance Limited was fully satisfied on 04 Apr 2018.

    04 Apr 2018

Frequently asked questions

  • Prashanth Projects Limited was incorporated on 19 Apr 1989.

  • The authorized share capital of Prashanth Projects Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.78 Cr.

  • Currently 3 directors are associated with Prashanth Projects Limited.

    • Santhanam Ayyappan
    • Dasarathi Nadathur Ammal
    • Sudharshan Nadathur Ammal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prashanth Projects Limited is 406-408 Hermes Atrium Bldgplot No 57 Sector-Ii C B D Belapur India, Navi Mumbai, Maharashtra, 400614.

  • The corporate identification number (CIN) of Prashanth Projects Limited is U29192MH1989PLC051410 and the company number is 051410 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prashanth Projects Limited is https://www.prashanthprojects.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Prashanth Projects Limited has fallen by -19.21%.

  • As Per 2019 financial reports, 16 employees are currently employed by Prashanth Projects Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Prashanth Projects Limited has experienced an upsurge of 56.93%.

  • The most recent Balance Sheet for Prashanth Projects Limited was filed with the ROC on 31 Mar 2024.

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