Prayagaa Enterprises Private Limited

Provides electrical installation services and products such as control panels, light fittings, and transformers.

2007 | Chennai, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Prayagaa Enterprises Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 5.98 M
  • Company Age 17 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.33 Cr
  • Satisfied Charges ₹ 9.75 Cr
  • Revenue Growth 82.67%
  • Profit Growth 618.97%
  • Ebitda 386.65%
  • Net Worth 23.59%
  • Total Assets 26.33%

About Prayagaa Enterprises

Prayagaa Enterprises Private Limited (PEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 April 2007 and has a history of 17 years and nine months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Plusco Enterprises Private Limited. 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 6.00 M and a paid-up capital of Rs 5.98 M.

The company currently has active open charges totaling ₹10.33 Cr. The company has closed loans amounting to ₹9.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Varadharajan Mythilysrinivasalu and Vsrinivasalu serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    prayagaa.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909TN2007PTC063135

  • Company No.

    063135

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Apr 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Energy and Power

Who are the key members and board of directors at Prayagaa Enterprises?

Executive Team (1)

Name Designation Appointment Date Status
Vsrinivasalu Country flag representing In Managing Director 01-Dec-2011 Current

Board Members (1)

Name Designation Appointment Date Status
Varadharajan Mythilysrinivasalu Country flag representing In Director 17-Apr-2007 Current

Financial Performance of Prayagaa Enterprises.

Prayagaa Enterprises Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 82.67% increase. The company also saw a substantial improvement in profitability, with a 618.97% increase in profit. The company's net worth Soared by an impressive increase of 23.59%.

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
82.67%
Revenue from Operations
82.97%
Total Assets
26.33%
Profit or Loss
618.97%
Net Worth
23.59%
EBITDA
386.65%

What is the Ownership and Shareholding Structure of Prayagaa Enterprises?

In 2023, Prayagaa Enterprises 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

₹103.33 M

Satisfied Charges

₹97.50 M

Charges Breakdown by Lending Institutions

  • Others : 9.93 Cr
  • Vijaya Bank : 0.40 Cr

Latest Charge Details

Date Lender Amount Status
20 Jan 2024 Others ₹9.75 Cr Open
17 Apr 2021 Vijaya Bank ₹2.68 M Open
18 Mar 2021 Vijaya Bank ₹0.84 M Open
28 Aug 2018 Others ₹1.80 M Open
28 Sep 2016 Vijaya Bank ₹0.05 M Open

How Many Employees Work at Prayagaa Enterprises?

Prayagaa Enterprises has a workforce of 76 employees as of Apr 08, 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 Prayagaa Enterprises, 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 Prayagaa Enterprises'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 Prayagaa Enterprises

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 97.50 M with Charge ID 100851747 was registered on 20 Jan 2024.

    20 Jan 2024

  • Annual General Meeting

    Prayagaa Enterprises 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 registered on 17 Aug 2016 via Charge ID 100069036 with Others was fully satisfied on 30 Aug 2023.

    30 Aug 2023

  • Balance Sheet

    Prayagaa Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 97.50 M registered on 17 Aug 2016 with Charge ID 100069036 was modified on 10 Oct 2022.

    10 Oct 2022

  • Charges

    A charge with Vijaya Bank amounted to Rs. 2.68 M with Charge ID 100448239 was registered on 17 Apr 2021.

    17 Apr 2021

Frequently asked questions

  • Prayagaa Enterprises Private Limited was incorporated on 17 Apr 2007.

  • The authorized share capital of Prayagaa Enterprises Private Limited is ₹ 6.00 M and paid-up capital is ₹ 5.98 M.

  • Currently 2 directors are associated with Prayagaa Enterprises Private Limited.

    • Varadharajan Mythilysrinivasalu
    • Vsrinivasalu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prayagaa Enterprises Private Limited is Old No.37 New No.57 2Nd Floor Ramakrishna Mutt Road, Mandaveli India, Chennai, Tamil Nadu, 600028.

  • The corporate identification number (CIN) of Prayagaa Enterprises Private Limited is U51909TN2007PTC063135 and the company number is 063135 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prayagaa Enterprises Private Limited is https://www.prayagaa.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prayagaa Enterprises Private Limited has risen by 82.67%.

  • As Per 2023 financial reports, 76 employees are currently employed by Prayagaa Enterprises Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prayagaa Enterprises Private Limited has experienced an upsurge of 23.59%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prayagaa Enterprises Private Limited amount to ₹ 10.33 Cr.

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

People also Viewed

Similar Companies Based on BoP & BTG Services