Prayas Financial Services Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 23.65 Cr
- Company Age 7 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 18.50 Cr
- Satisfied Charges ₹ 11.42 Cr
- Revenue Growth 75.41%
- Profit Growth 127.95%
- Ebitda 3717.32%
- Net Worth 201.53%
- Total Assets 88.77%
About Prayas Financial Services
Prayas Financial Services Private Limited (PFSPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 March 2017 (Seven years and 11 months 21 days old ). Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 23.65 Cr.
The company currently has active open charges totaling ₹18.50 Cr. The company has closed loans amounting to ₹11.42 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Prayas Financial Services Private Limited India are Divya Rathi as Company Secretary, Mr Desai as Cfo, and Abhisek Khanna as Ceo. Sidharth Sinha, Pranav Desai, Bhavana Srivastava, and Three other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U67190GJ2017PTC096063
- Company No.
096063
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Mar 2017
- Date of AGM
09 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Prayas Financial Services?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Abhisek Khanna  | Managing Director | 16-May-2023 | Current |
| Divya Rathi | Company Secretary | Current | |
| Mr Desai | CFO | 14-Aug-2023 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Surendra Srivastava | Director | 23-Mar-2022 | Current |
| Sidharth Sinha | Nominee Director | 16-May-2023 | Current |
| Pranav Desai | Nominee Director and Cfo | 16-May-2023 | Current |
| Bhavana Srivastava | Director | 03-Feb-2024 | Current |
Guerol Sari  | Director | 14-Aug-2023 | Current |
Financial Performance of Prayas Financial Services.
Prayas Financial Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 75.41% increase. The company also saw a substantial improvement in profitability, with a 127.95% increase in profit. The company's net worth Soared by an impressive increase of 201.53%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Prayas Financial Services?
In 2023, Prayas Financial Services had a promoter holding of 97.36% and a public holding of 2.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Finvalue Advisors Private LimitedBhavana Srivastava is a mutual person
Charges (Loans)
₹18.50 Cr
₹11.42 Cr
Charges Breakdown by Lending Institutions
- Others : 18.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jul 2024 | Others | ₹5.00 Cr | Open |
| 01 Dec 2023 | Others | ₹5.00 Cr | Open |
| 22 Feb 2023 | Others | ₹2.00 Cr | Open |
| 29 Dec 2022 | Others | ₹5.00 Cr | Open |
| 26 Nov 2020 | Others | ₹1.50 Cr | Open |
How Many Employees Work at Prayas Financial Services?
Unlock and access historical data on people associated with Prayas Financial Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Prayas Financial 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 Prayas Financial Services's trajectory.
Rating
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
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