Prayas Electro-Systems (Thane) Private Limited

Founded in 2002 and headquartered in Maharashtra, India.

2002 | Thane, Maharashtra (India) | Active
Last Updated: October 23, 2024

Prayas Electro-Systems (Thane) Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.12 M
  • Company Age 22 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.24 Cr
  • Satisfied Charges ₹ 4.83 M
  • Revenue Growth -43.22%
  • Profit Growth -57.04%
  • Ebitda -46.83%
  • Net Worth 13.55%
  • Total Assets 1.19%

About Prayas Electro-Systems (Thane)

Prayas Electro-Systems (Thane) Private Limited (PETPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 November 2002 and has a history of 22 years and two months. Its registered office is in Thane, Maharashtra, 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 0.50 M and a paid-up capital of Rs 0.12 M.

The company currently has active open charges totaling ₹6.24 Cr. The company has closed loans amounting to ₹4.83 M, as per Ministry of Corporate Affairs (MCA) records.


Company Details

Corporate Identity Details

  • CIN/LLPIN

    U31900MH2002PTC137920

  • Company No.

    137920

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Nov 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

What products or services does Prayas Electro-Systems (Thane) Private Limited offer?

Prayas Electro-Systems (Thane) Private Limited offers a wide range of products and services, including Plant Design & Installation Services, Plant & Equipment Erection Services, Electrical Panels & Distribution Box, Electric Control Panel, Transformers & Transformer Parts, Voltage Transformer, Indoor Lights & Lighting Accessories, Torchlight, Switchgear Panels, Electrical & Electronic Goods Repair.

Who are the key members and board of directors at Prayas Electro-Systems (Thane)?

Board Members (4)

Name Designation Appointment Date Status
Shailesh Joshi Country flag representing In Director 21-Jul-2005 Current
Sagar Varade Country flag representing In Director 20-Nov-2002 Current
Pradnya Kulkarni Country flag representing In Director 03-Jan-2005 Current
Prasad Kulkarni Country flag representing In Director 23-Mar-2012 Current

Financial Performance of Prayas Electro-Systems (Thane).

Prayas Electro-Systems (Thane) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 43.22% decrease. The company also saw a substantial fall in profitability, with a 57.04% decrease in profit. The company's net worth Soared by an impressive increase of 13.55%.

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
-43.22%
Revenue from Operations
-43.69%
Total Assets
1.19%
Profit or Loss
-57.04%
Net Worth
13.55%
EBITDA
-46.83%

What is the Ownership and Shareholding Structure of Prayas Electro-Systems (Thane)?

In 2023, Prayas Electro-Systems (Thane) 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

₹62.44 M

Satisfied Charges

₹4.83 M

Charges Breakdown by Lending Institutions

  • Tjsb Sahakari Bank Limited : 6.24 Cr

Latest Charge Details

Date Lender Amount Status
02 Jul 2024 Tjsb Sahakari Bank Limited ₹8.50 M Open
02 Jul 2024 Tjsb Sahakari Bank Limited ₹3.50 M Open
27 Feb 2024 Tjsb Sahakari Bank Limited ₹5.64 M Open
25 Apr 2023 Tjsb Sahakari Bank Limited ₹9.95 M Open
17 Apr 2023 Tjsb Sahakari Bank Limited ₹1.35 M Open

How Many Employees Work at Prayas Electro-Systems (Thane)?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prayas Electro-Systems (Thane), 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 Prayas Electro-Systems (Thane)'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 Prayas Electro-Systems (Thane)

Recent activity within the organization

  • Charges

    A charge with Tjsb Sahakari Bank Limited amounted to Rs. 8.50 M with Charge ID 100948523 was registered on 02 Jul 2024.

    02 Jul 2024

  • Charges

    A charge with Tjsb Sahakari Bank Limited amounted to Rs. 3.50 M with Charge ID 100948524 was registered on 02 Jul 2024.

    02 Jul 2024

  • Charges

    A charge with Tjsb Sahakari Bank Limited amounted to Rs. 5.64 M with Charge ID 100882829 was registered on 27 Feb 2024.

    27 Feb 2024

  • Annual General Meeting

    Prayas Electro-Systems (Thane) 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 Tjsb Sahakari Bank Limited of Rs. 9.95 M registered on 25 Apr 2023 with Charge ID 100716049 was modified on 04 May 2023.

    04 May 2023

  • Charges

    A charge with Tjsb Sahakari Bank Limited amounted to Rs. 9.95 M with Charge ID 100716049 was registered on 25 Apr 2023.

    25 Apr 2023

Frequently asked questions

  • Prayas Electro-Systems (Thane) Private Limited was incorporated on 20 Nov 2002.

  • The authorized share capital of Prayas Electro-Systems (Thane) Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.12 M.

  • Currently 4 directors are associated with Prayas Electro-Systems (Thane) Private Limited.

    • Sagar Manohar Varade
    • Pradnya Prasad Kulkarni
    • Shailesh Purushottam Joshi
    • Prasad Pandharinath Kulkarni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prayas Electro-Systems (Thane) Private Limited is Flat No.15 Om Shree Mahavir Chs Behind Life Line Hospital Sector - 3 A Iroli, India, Navi Mumbai, Maharashtra, 400708.

  • The corporate identification number (CIN) of Prayas Electro-Systems (Thane) Private Limited is U31900MH2002PTC137920 and the company number is 137920 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prayas Electro-Systems (Thane) Private Limited is https://www.prayaselectrosystems.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prayas Electro-Systems (Thane) Private Limited has fallen by -43.22%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prayas Electro-Systems (Thane) Private Limited has experienced an upsurge of 13.55%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prayas Electro-Systems (Thane) Private Limited amount to ₹ 6.24 Cr.

  • The most recent Balance Sheet for Prayas Electro-Systems (Thane) Private Limited was filed with the ROC on 31 Mar 2023.

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