Prason Metallics Private Limited

Founded in 1961 and headquartered in Maharashtra, India.

1961 | Mumbai, Maharashtra (India) | Active
Last Updated:

Prason Metallics Profile

Key Indicators

  • Authorised Capital ₹ 1.20 M
  • Paid Up Capital ₹ 0.34 M
  • Company Age 63 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.58 M
  • Revenue Growth %
  • Profit Growth 374.03%
  • Ebitda -566.30%
  • Net Worth 65.66%
  • Total Assets 4.23%

About Prason Metallics

Prason Metallics Private Limited (PMPL) was founded in India on 19 July 1961 and has a glorious history of 63 years and seven months.Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Metal & Minerals 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 1.20 M and a paid-up capital of Rs 0.34 M.

The company currently has active open charges totaling ₹0.58 M.

Pakshal Sanghvi and Shankesh Sanghvi serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27300MH1961PTC012069

  • Company No.

    012069

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jul 1961

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metal & Minerals

Who are the key members and board of directors at Prason Metallics?

Board Members (2)

NameDesignationAppointment DateStatus
Pakshal Sanghvi Country flag representing In Director 14-Dec-2020Current
Shankesh Sanghvi Country flag representing In Director 21-Dec-2020Current

Financial Performance of Prason Metallics.

Prason Metallics Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 374.03% increase in profit. The company's net worth Soared by an impressive increase of 65.66%.

Prason Metallics revenue growth over time
Prason Metallics 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
Revenue from Operations
Total Assets
4.23%
Profit or Loss
374.03%
Net Worth
65.66%
EBITDA
-566.30%

What is the Ownership and Shareholding Structure of Prason Metallics?

Unlock access to Prason Metallics's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.58 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Maharashtra : 0.04 Cr
  • The Bank Of Maharashtra Ltd : 0.02 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jul 1973Bank Of Maharashtra₹0.20 MOpen
12 Jul 1973Bank Of Maharashtra₹0.15 MOpen
12 Jul 1973Bank Of Maharashtra₹0.08 MOpen
03 Jul 1967The Bank Of Maharashtra Ltd₹0.15 MOpen

How Many Employees Work at Prason Metallics?

Unlock and access historical data on people associated with Prason Metallics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Prason Metallics Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prason Metallics, 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 Prason Metallics'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 Prason Metallics

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Prason Metallics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Shankesh Prithviraj Sanghvi was appointed as a Director was appointed as a Director on 21 Dec 2020 & has been associated with this company since 4 years 2 months .

  • Director Appointment

    Pakshal Sanghvi was appointed as a Director was appointed as a Director on 14 Dec 2020 & has been associated with this company since 4 years 2 months .

  • Charges

    A charge with Bank Of Maharashtra amounted to Rs. 0.20 M with Charge ID 90140566 was registered on 18 Jul 1973.

  • Charges

    A charge with Bank Of Maharashtra amounted to Rs. 0.15 M with Charge ID 90141492 was registered on 12 Jul 1973.

Frequently asked questions

  • What is the Incorporation or founding date of Prason Metallics Private Limited?

    Prason Metallics Private Limited was incorporated on 19 Jul 1961.

  • What is authorized share capital and paid-up capital of Prason Metallics Private Limited?

    The authorized share capital of Prason Metallics Private Limited is ₹ 1.20 M and paid-up capital is ₹ 0.34 M.

  • Who are the current board members & directors of Prason Metallics Private Limited?

    Currently 2 directors are associated with Prason Metallics Private Limited.

    • Pakshal Sanghvi
    • Shankesh Prithviraj Sanghvi

  • What is the registered address of Prason Metallics Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Prason Metallics Private Limited is 1St Floor Veetrag Chambers 46 Cawasji Patel Street, Fort India, Mumbai, Maharashtra, 400001.

  • What is the corporate identification number (CIN) and company number of Prason Metallics Private Limited?

    The corporate identification number (CIN) of Prason Metallics Private Limited is U27300MH1961PTC012069 and the company number is 012069 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of Prason Metallics Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Prason Metallics Private Limited has experienced an upsurge of 65.66%.

  • What are the total open charges for Prason Metallics Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Prason Metallics Private Limited amount to ₹ 0.58 M.

  • When was the last Balance Sheet of Prason Metallics Private Limited filed with the ROC?

    The most recent Balance Sheet for Prason Metallics Private Limited was filed with the ROC on 31 Mar 2024.

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