Prayag Foods Limited

Manufacturer of various pasta and vermicelli products, exported globally under 'Mom's Choice' brand.

1998 | Thane, Maharashtra (India) | Active
Last Updated:

Prayag Foods Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 26 Year, 11 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 3.05 Cr
  • Satisfied Charges ₹ 15.41 Cr
  • Revenue Growth -24.31%
  • Profit Growth -16148.05%
  • Ebitda -623.29%
  • Net Worth -376.05%
  • Total Assets -38.74%

About Prayag Foods

Prayag Foods Limited (PFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 May 1998 and has a history of 26 years and 11 months. Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Food And Beverages 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 1.50 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹3.05 Cr. The company has closed loans amounting to ₹15.41 Cr, as per Ministry of Corporate Affairs (MCA) records.

Veeresh Gupta, Ramkrishna Gupta, and Mona Gupta serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15110MH1998PLC114968

  • Company No.

    114968

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 May 1998

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Food and Beverages

What products or services does Prayag Foods Limited offer?

Prayag Foods Limited offers a wide range of products and services, including Pasta & Soups, Macaroni, Noodles Pasta & Instant Food, Italian Pasta, Noodles & Vermicelli, Vermicelli Noodle, Continental Cuisines, Tomato Soup.

Company report

Prayag Foods Limited

Explore comprehensive data for Prayag Foods Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Prayag Foods?

Board Members (3)

NameDesignationAppointment DateStatus
Ramkrishna Gupta Country flag representing In Director 18-May-1998Current
Veeresh Gupta Country flag representing In Director 18-May-1998Current
Mona Gupta Country flag representing In Director 20-Dec-2017Current

Financial Performance of Prayag Foods.

Prayag Foods Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 24.31% decrease. The company also saw a substantial fall in profitability, with a 16148.05% decrease in profit. The company's net worth observed a substantial decline by a decrease of 376.05%.

Prayag Foods revenue growth over time
Prayag Foods 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
-24.31%
Revenue from Operations
-23.91%
Total Assets
-38.74%
Profit or Loss
-16148.05%
Net Worth
-376.05%
EBITDA
-623.29%

What is the Ownership and Shareholding Structure of Prayag Foods?

In 2019, Prayag Foods had a promoter holding of 65.70% and a public holding of 34.30%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.05 Cr

Satisfied Charges

₹15.41 Cr

Charges Breakdown by Lending Institutions

  • Others : 3.05 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jun 2011Others₹3.05 CrOpen
11 Jan 2019Others₹3.04 MSatisfied
26 Jul 2017Others₹1.00 MSatisfied
04 May 2017Others₹1.00 CrSatisfied
25 May 2016Others₹5.00 MSatisfied

How Many Employees Work at Prayag Foods?

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

Employee growth trends for Prayag Foods Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prayag Foods, 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 Prayag Foods'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 Prayag Foods

Recent activity within the organization

  • Annual General Meeting

    Prayag Foods Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

  • Balance Sheet

    Prayag Foods Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.

  • Charges

    A charge registered on 11 Jan 2019 via Charge ID 100229782 with Others was fully satisfied on 18 Nov 2020.

  • Charges

    A charge registered on 04 May 2017 via Charge ID 100100185 with Others was fully satisfied on 18 Nov 2020.

  • Charges

    A charge registered on 31 Oct 2015 via Charge ID 10604450 with Apna Sahakari Bank Ltd. was fully satisfied on 18 Nov 2020.

  • Charges

    A charge registered on 25 Jan 2012 via Charge ID 10378197 with Apna Sahakari Bank Ltd was fully satisfied on 18 Nov 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Prayag Foods Limited?

    Prayag Foods Limited was incorporated on 18 May 1998.

  • What is authorized share capital and paid-up capital of Prayag Foods Limited?

    The authorized share capital of Prayag Foods Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.

  • Who are the current board members & directors of Prayag Foods Limited?

    Currently 3 directors are associated with Prayag Foods Limited.

    • Veeresh Ramkrishna Gupta
    • Ramkrishna Ramnath Gupta
    • Mona Veeresh Gupta

  • What is the registered address of Prayag Foods Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Prayag Foods Limited is Plot No. F/55, Midc Industrial Area India, Murbad, Maharashtra, 421401.

  • What is the corporate identification number (CIN) and company number of Prayag Foods Limited?

    The corporate identification number (CIN) of Prayag Foods Limited is U15110MH1998PLC114968 and the company number is 114968 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Prayag Foods Limited?

    The Official website of Prayag Foods Limited is https://www.prayagfoods.com

  • What has been the recent revenue trend for Prayag Foods Limited?

    According to the financial reports for the fiscal year 2019, the revenue trend for Prayag Foods Limited has fallen by -24.31%.

  • What change has been observed in the net worth of Prayag Foods Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Prayag Foods Limited has experienced an downturn of -376.05%.

  • What are the total open charges for Prayag Foods Limited?

    As per the financial statements for fiscal Year 2019, The total open charges for Prayag Foods Limited amount to ₹ 3.05 Cr.

  • When was the last Balance Sheet of Prayag Foods Limited filed with the ROC?

    The most recent Balance Sheet for Prayag Foods Limited was filed with the ROC on 31 Mar 2022.

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