Praxis Services Private Limited

Provides operational services in hospitality, travel, and healthcare sectors with expertise in reservations, revenue management, and technology solutions.

2011 | Gurugram, Haryana (India) | Active
Last Updated: October 24, 2024

Praxis Services Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.12 M
  • Company Age 13 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.21 Cr
  • Revenue Growth 40.67%
  • Profit Growth 504.42%
  • Ebitda 1242.65%
  • Net Worth 5.24%
  • Total Assets 29.98%

About Praxis Services

Praxis Services Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 December 2011 and has a history of 13 years and one month. Its registered office is in Gurugram, Haryana, India.

The Company is engaged in the Business Outsourcing 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 0.50 M and a paid-up capital of Rs 0.12 M.

The company currently has active open charges totaling ₹5.21 Cr.

Ravish Swarup and Rohini Swarup serve as directors at the Company.

Company Details

  • Location

    Gurugram, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74900HR2011PTC044468

  • Company No.

    044468

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Dec 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Business Outsourcing

What products or services does Praxis Services Private Limited offer?

Praxis Services Private Limited offers a wide range of products and services, including Marketing Services & Consultants, Marketing Services.

Who are the key members and board of directors at Praxis Services?

Board Members (2)

Name Designation Appointment Date Status
Ravish Swarup Country flag representing In Director 07-Dec-2011 Current
Rohini Swarup Country flag representing In Director 04-Apr-2012 Current

Financial Performance of Praxis Services.

Praxis Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 40.67% increase. The company also saw a substantial improvement in profitability, with a 504.42% increase in profit. The company's net worth moved up by a moderate rise of 5.24%.

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
40.67%
Revenue from Operations
42.41%
Total Assets
29.98%
Profit or Loss
504.42%
Net Worth
5.24%
EBITDA
1242.65%

What is the Ownership and Shareholding Structure of Praxis Services?

In 2023, Praxis Services had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹52.07 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 3.50 Cr
  • Hdfc Bank Limited : 1.71 Cr

Latest Charge Details

Date Lender Amount Status
09 Feb 2024 Hdfc Bank Limited ₹1.05 M Open
09 Feb 2024 Hdfc Bank Limited ₹1.05 M Open
26 Sep 2023 Hdfc Bank Limited ₹4.16 M Open
13 Sep 2023 Hdfc Bank Limited ₹0.90 M Open
14 Feb 2023 Others ₹2.50 Cr Open

How Many Employees Work at Praxis Services?

Praxis Services has a workforce of 89 employees as of Mar 31, 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 Praxis Services, 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 Praxis Services'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 Praxis Services

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 25.00 M registered on 14 Feb 2023 with Charge ID 100692268 was modified on 15 Apr 2024.

    15 Apr 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.05 M with Charge ID 100898467 was registered on 09 Feb 2024.

    09 Feb 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.05 M with Charge ID 100898470 was registered on 09 Feb 2024.

    09 Feb 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.16 M with Charge ID 100822219 was registered on 26 Sep 2023.

    26 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.90 M with Charge ID 100805510 was registered on 13 Sep 2023.

    13 Sep 2023

Frequently asked questions

  • Praxis Services Private Limited was incorporated on 07 Dec 2011.

  • The authorized share capital of Praxis Services Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.12 M.

  • Currently 2 directors are associated with Praxis Services Private Limited.

    • Ravish Swarup
    • Rohini Seth Swarup
  • As per Ministry of Corporate Affairs (Mca), the registered address of Praxis Services Private Limited is Apartment 1502 B3, World Spa(West) Sector-30 India, Gurgaon, Haryana, 122001.

  • The corporate identification number (CIN) of Praxis Services Private Limited is U74900HR2011PTC044468 and the company number is 044468 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Praxis Services Private Limited is https://www.praxis-services.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Praxis Services Private Limited has risen by 40.67%.

  • As Per 2023 financial reports, 89 employees are currently employed by Praxis Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Praxis Services Private Limited has experienced an upsurge of 5.24%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Praxis Services Private Limited amount to ₹ 5.21 Cr.

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

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