Prayas Financial Services Private Limited logo

Prayas Financial Services Private Limited

Provides micro-finance services to women and individuals in urban areas.
2017 | Ahmedabad, Gujarat (India) | Active

Last Updated:

October 24, 2024
HomeCompanyPrayas Financial Services Private Limited

Who are the key members and board of directors at Prayas Financial Services?

Executive Team (3)

NameDesignationAppointment DateStatus
Abhisek Khanna InManaging Director16-May-2023Current
Divya Rathi InCompany SecretaryCurrent
Mr Desai InCFO14-Aug-2023Current

Board Members(5)

NameDesignationAppointment DateStatus
Surendra Srivastava In Director 23-Mar-2022Current
Sidharth Sinha In Nominee Director 16-May-2023Current
Pranav Desai In Nominee Director and Cfo 16-May-2023Current
Bhavana Srivastava In Director 03-Feb-2024Current
Guerol Sari De Director 14-Aug-2023Current

Financial Performance and Corporate Structure Insights 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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
75.41%
Revenue from Operations
75.73%
Total Assets
88.77%
Profit or Loss
127.95%
Net Worth
201.53%
EBITDA
3717.32%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹18.50 Cr

₹11.42 Cr

LenderAmountStatus

Others

Creation Date: 08 Jul 2024
₹5.00 CrOpen

Others

Creation Date: 01 Dec 2023
₹5.00 CrOpen

Others

Creation Date: 22 Feb 2023
₹2.00 CrOpen

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.

Employee Graph

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Prayas Financial Services

Recent activity within the organization

  • Charges

    A charge registered on 28 Jun 2021 via Charge ID 100458979 with Others was fully satisfied on 22 Aug 2024.

    22 Aug 2024

  • Annual General Meeting

    Prayas Financial Services Private Limited last Annual general meeting of members was held on 09 Aug 2024 as per latest MCA records.

    09 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100950789 was registered on 08 Jul 2024.

    08 Jul 2024

  • Charges

    A charge registered on 29 Mar 2023 via Charge ID 100709117 with Idbi Trusteeship Services Limited was fully satisfied on 04 Apr 2024.

    04 Apr 2024

  • Balance Sheet

    Prayas Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Bhavana Srivastava was appointed as a Director was appointed as a Director on 03 Feb 2024 & has been associated with this company since 10 months 16 days .

    03 Feb 2024

Frequently asked questions

  • Prayas Financial Services Private Limited was incorporated on 03 Mar 2017.

  • The authorized share capital of Prayas Financial Services Private Limited is ₹ 30.00 Cr and paid-up capital is ₹ 23.65 Cr.

  • Currently 9 directors are associated with Prayas Financial Services Private Limited.

    • Sidharth Sinha
    • Pranav Shailesh Desai
    • Bhavana Srivastava
    • Surendra Srivastava
    • Abhisek Khanna
    • Guerol Michael Sari
    • Divya Rathi
    • Mr Pranav Desai
    • Abhisek Khanna
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prayas Financial Services Private Limited is 903 9Th Floor Sakar-Ix Besides Old Rbi Ashram Road, Ahmedabad City India, City Ahmedabad, Gujarat, 380009.

  • The corporate identification number (CIN) of Prayas Financial Services Private Limited is U67190GJ2017PTC096063 and the company number is 096063 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prayas Financial Services Private Limited is https://www.prayasfinance.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prayas Financial Services Private Limited has risen by 75.41%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prayas Financial Services Private Limited has experienced an upsurge of 201.53%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prayas Financial Services Private Limited amount to ₹ 18.50 Cr.

  • The most recent Balance Sheet for Prayas Financial Services Private Limited was filed with the ROC on 31 Mar 2024.

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