Praxien Tech Private Limited

Engineering company providing design, validation, prototyping, and technical solutions for various industries.

2016 | Bangaluru, Karnataka (India) | Active
Last Updated: December 15, 2024

Praxien Tech Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 11 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 5.14 M
  • Revenue Growth 45.35%
  • Profit Growth 11.53%
  • Ebitda 23.19%
  • Net Worth 51.05%
  • Total Assets 68.82%

About Praxien Tech

Praxien Tech Private Limited (PTPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 March 2016 (Eight years and 11 months 0 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹5.14 M.

Narayan Tosur and Jyothi Tosur serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2016PTC086816

  • Company No.

    086816

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Mar 2016

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology
Engineering

Who are the key members and board of directors at Praxien Tech?

Board Members (2)

Name Designation Appointment Date Status
Narayan Tosur Country flag representing In Director 30-Nov-2017 Current
Jyothi Tosur Country flag representing In Director 09-Mar-2016 Current

Financial Performance of Praxien Tech.

Praxien Tech Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 45.35% increase. The company also saw a substantial improvement in profitability, with a 11.53% increase in profit. The company's net worth Soared by an impressive increase of 51.05%.

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
45.35%
Revenue from Operations
45.19%
Total Assets
68.82%
Profit or Loss
11.53%
Net Worth
51.05%
EBITDA
23.19%

What is the Ownership and Shareholding Structure of Praxien Tech?

In 2022, Praxien Tech 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

₹5.14 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.51 Cr

Latest Charge Details

Date Lender Amount Status
16 Jan 2021 Hdfc Bank Limited ₹1.89 M Open
16 Oct 2020 Hdfc Bank Limited ₹3.25 M Open

How Many Employees Work at Praxien Tech?

Praxien Tech has a workforce of 165 employees as of Apr 02, 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 Praxien Tech, 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 Praxien Tech'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 Praxien Tech

Recent activity within the organization

  • Annual General Meeting

    Praxien Tech Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Praxien Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.

    31 Mar 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.89 M with Charge ID 100426563 was registered on 16 Jan 2021.

    16 Jan 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.25 M with Charge ID 100408450 was registered on 16 Oct 2020.

    16 Oct 2020

  • Director Appointment

    Narayan Khemanna Tosur was appointed as a Director was appointed as a Director on 30 Nov 2017 & has been associated with this company since 7 years 2 months .

    30 Nov 2017

  • Director Appointment

    Jyothi Narayan Tosur was appointed as a Director was appointed as a Director on 09 Mar 2016 & has been associated with this company since 8 years 11 months .

    09 Mar 2016

Frequently asked questions

  • Praxien Tech Private Limited was incorporated on 09 Mar 2016.

  • The authorized share capital of Praxien Tech Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Praxien Tech Private Limited.

    • Narayan Khemanna Tosur
    • Jyothi Narayan Tosur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Praxien Tech Private Limited is Flat 102 B-Block Smr Vinay Cascade Jagadishnagar, New Tippasandra India, Bangalore, Karnataka, 560075.

  • The corporate identification number (CIN) of Praxien Tech Private Limited is U72200KA2016PTC086816 and the company number is 086816 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Praxien Tech Private Limited is https://www.praxien.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Praxien Tech Private Limited has risen by 45.35%.

  • As Per 2022 financial reports, 165 employees are currently employed by Praxien Tech Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Praxien Tech Private Limited has experienced an upsurge of 51.05%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Praxien Tech Private Limited amount to ₹ 5.14 M.

  • The most recent Balance Sheet for Praxien Tech Private Limited was filed with the ROC on 31 Mar 2022.

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