Prayaas Automation Private Limited

Manufacturer and trader of engineering products, including AC/DC distribution boards and power distribution boards.

2002 | 24 Parganas, West Bengal (India) | Active
Last Updated: January 13, 2025

Prayaas Automation Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.06 Cr
  • Company Age 23 Year, 7 Days
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 13.60 Cr
  • Revenue Growth -22.85%
  • Profit Growth 110.58%
  • Ebitda -489.33%
  • Net Worth 0.28%
  • Total Assets 2.47%

About Prayaas Automation

Prayaas Automation Private Limited (PAPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 January 2002 and has a history of 23 years. Its registered office is in 24 Parganas, West Bengal, India.

The Company is engaged in the Energy And Power 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 1.50 Cr and a paid-up capital of Rs 1.06 Cr.

The company has closed loans amounting to ₹13.60 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Pragnyat Lalwani, Gautam Jain, and Asoke Das serve as directors at the Company.

Company Details

  • Location

    24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200WB2002PTC094152

  • Company No.

    094152

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Jan 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Energy and Power

What products or services does Prayaas Automation Private Limited offer?

Prayaas Automation Private Limited offers a wide range of products and services, including Motor Control Panels, AC Drive Panel, Breaker Panels, Relay Panels, Electrical Panels & Distribution Box, Control Panel Accessories, Electric Control Panel, APFC Panels, Distribution Box, Feeder Pillars.

Who are the key members and board of directors at Prayaas Automation?

Board Members (3)

Name Designation Appointment Date Status
Pragnyat Lalwani Country flag representing In Director 25-Aug-2023 Current
Gautam Jain Country flag representing In Director 25-Aug-2023 Current
Asoke Das Country flag representing In Director 24-Jan-2002 Current

Financial Performance of Prayaas Automation.

Prayaas Automation Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 22.85% decrease. The company also saw a substantial improvement in profitability, with a 110.58% increase in profit. The company's net worth moved up by a moderate rise of 0.28%.

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
-22.85%
Revenue from Operations
-24.09%
Total Assets
2.47%
Profit or Loss
110.58%
Net Worth
0.28%
EBITDA
-489.33%

What is the Ownership and Shareholding Structure of Prayaas Automation?

In 2021, Prayaas Automation had a promoter holding of 71.64% and a public holding of 28.36%. 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

₹13.60 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 6.00 Cr
  • Hdfc Bank Limited : 3.10 Cr
  • Indusind Bank Ltd. : 3.00 Cr
  • Others : 1.50 Cr

Latest Charge Details

Date Lender Amount Status
20 Aug 2018 Others ₹1.50 Cr Satisfied
14 Oct 2015 Hdfc Bank Limited ₹3.10 Cr Satisfied
25 Mar 2013 Indusind Bank Ltd. ₹3.00 Cr Satisfied
24 Jul 2007 State Bank Of India ₹3.00 Cr Satisfied
24 Jul 2007 State Bank Of India ₹3.00 Cr Satisfied

How Many Employees Work at Prayaas Automation?

Prayaas Automation has a workforce of 10 employees as of Apr 10, 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 Prayaas Automation, 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 Prayaas Automation'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 Prayaas Automation

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Director Appointment

    Pragnyat Pravin Lalwani was appointed as a Director was appointed as a Director on 25 Aug 2023 & has been associated with this company since 1 year 5 months .

    25 Aug 2023

  • Director Appointment

    Gautam Sampatraj Jain was appointed as a Director was appointed as a Director on 25 Aug 2023 & has been associated with this company since 1 year 5 months .

    25 Aug 2023

  • Charges

    A charge registered on 20 Aug 2018 via Charge ID 100213909 with Others was fully satisfied on 28 Jun 2023.

    28 Jun 2023

  • Balance Sheet

    Prayaas Automation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge registered on 14 Oct 2015 via Charge ID 10607969 with Hdfc Bank Limited was fully satisfied on 23 Aug 2022.

    23 Aug 2022

Frequently asked questions

  • Prayaas Automation Private Limited was incorporated on 24 Jan 2002.

  • The authorized share capital of Prayaas Automation Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.06 Cr.

  • Currently 3 directors are associated with Prayaas Automation Private Limited.

    • Pragnyat Pravin Lalwani
    • Gautam Sampatraj Jain
    • Asoke Kumar Das
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prayaas Automation Private Limited is Mohan Ghosh Road Ramchandrapur P.O. - Narendrapur, India, Kolkata, West Bengal, 700103.

  • The corporate identification number (CIN) of Prayaas Automation Private Limited is U72200WB2002PTC094152 and the company number is 094152 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prayaas Automation Private Limited is https://www.prayaasgroup.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Prayaas Automation Private Limited has fallen by -22.85%.

  • As Per 2022 financial reports, 10 employees are currently employed by Prayaas Automation Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Prayaas Automation Private Limited has experienced an upsurge of 0.28%.

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

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