Pratik Art Interiors Private Limited

Interior design company providing services for commercial, residential, and hospitality sectors since 1999.

1999 | Bangaluru, Karnataka (India) | Active
Last Updated: November 15, 2024

Pratik Art Interiors Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 25 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 25.86 Cr
  • Satisfied Charges ₹ 7.90 M
  • Revenue Growth 125.19%
  • Profit Growth 115.95%
  • Ebitda 53.52%
  • Net Worth 10.75%
  • Total Assets -25.10%

About Pratik Art Interiors

Pratik Art Interiors Private Limited (PAIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 December 1999 and has a history of 25 years and one month. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Travel And Hospitality 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 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹25.86 Cr. The company has closed loans amounting to ₹7.90 M, as per Ministry of Corporate Affairs (MCA) records.

Arvind Sondagar and Rajesh Sondager serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pratikart.net

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74994KA1999PTC026123

  • Company No.

    026123

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Dec 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Travel and Hospitality

Who are the key members and board of directors at Pratik Art Interiors?

Executive Team (1)

Name Designation Appointment Date Status
Rajesh Sondager Country flag representing In Managing Director 25-Dec-1999 Current

Board Members (1)

Name Designation Appointment Date Status
Arvind Sondagar Country flag representing In Director 23-Dec-1999 Current

Financial Performance of Pratik Art Interiors.

Pratik Art Interiors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 125.19% increase. The company also saw a substantial improvement in profitability, with a 115.95% increase in profit. The company's net worth Soared by an impressive increase of 10.75%.

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
125.19%
Revenue from Operations
126.31%
Total Assets
-25.10%
Profit or Loss
115.95%
Net Worth
10.75%
EBITDA
53.52%

What is the Ownership and Shareholding Structure of Pratik Art Interiors?

In 2023, Pratik Art Interiors 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

₹258.61 M

Satisfied Charges

₹7.90 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 25.86 Cr

Latest Charge Details

Date Lender Amount Status
27 Aug 2024 Canara Bank ₹4.85 M Open
28 Jun 2024 Canara Bank ₹3.76 M Open
19 Jan 2010 Canara Bank ₹25.00 Cr Open
04 Jul 2008 Kotak Mahindra Bank Limited ₹7.90 M Satisfied

How Many Employees Work at Pratik Art Interiors?

Pratik Art Interiors has a workforce of 107 employees as of Mar 22, 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 Pratik Art Interiors, 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 Pratik Art Interiors'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 Pratik Art Interiors

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Canara Bank of Rs. 250.00 M registered on 19 Jan 2010 with Charge ID 10199156 was modified on 20 Sep 2024.

    20 Sep 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 4.85 M with Charge ID 100983858 was registered on 27 Aug 2024.

    27 Aug 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 3.76 M with Charge ID 100983861 was registered on 28 Jun 2024.

    28 Jun 2024

  • Balance Sheet

    Pratik Art Interiors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge registered on 04 Jul 2008 via Charge ID 10115108 with Kotak Mahindra Bank Limited was fully satisfied on 20 Apr 2015.

    20 Apr 2015

Frequently asked questions

  • Pratik Art Interiors Private Limited was incorporated on 23 Dec 1999.

  • The authorized share capital of Pratik Art Interiors Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 2 directors are associated with Pratik Art Interiors Private Limited.

    • Arvind Babulal Sondagar
    • Rajesh Babubhai Sondager
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pratik Art Interiors Private Limited is Pentagon 304 3Rd Floor No.11, Mosque Road Frazer Town India, Bangalore, Karnataka, 560005.

  • The corporate identification number (CIN) of Pratik Art Interiors Private Limited is U74994KA1999PTC026123 and the company number is 026123 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pratik Art Interiors Private Limited is https://www.pratikart.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pratik Art Interiors Private Limited has risen by 125.19%.

  • As Per 2023 financial reports, 107 employees are currently employed by Pratik Art Interiors Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pratik Art Interiors Private Limited has experienced an upsurge of 10.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pratik Art Interiors Private Limited amount to ₹ 25.86 Cr.

  • The most recent Balance Sheet for Pratik Art Interiors Private Limited was filed with the ROC on 31 Mar 2024.