Prayas Woollens Private Limited

Produces synthetic yarns at plant in Gujarat since 1989.

1989 | Baroda, Gujarat (India) | Active
Last Updated: November 16, 2024

Prayas Woollens Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.86 M
  • Company Age 35 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.30 Cr
  • Satisfied Charges ₹ 8.40 Cr
  • Revenue Growth 6.59%
  • Profit Growth -3.81%
  • Ebitda -19.91%
  • Net Worth 12.96%
  • Total Assets 14.12%

About Prayas Woollens

Prayas Woollens Private Limited (PWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 October 1989 and has a history of 35 years and four months. Its registered office is in Baroda, Gujarat.

The Company is engaged in the Manufacturing 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 5.00 M and a paid-up capital of Rs 4.86 M.

The company currently has active open charges totaling ₹1.30 Cr. The company has closed loans amounting to ₹8.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rahul Bansal, Sumanbhai Amin, and Rohan Bansal serve as directors at the Company.

Company Details

  • Location Baroda, Gujarat
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17119GJ1989PTC012824

  • Company No.

    012824

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Oct 1989

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

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

Board Members (3)

NameDesignationAppointment DateStatus
Rahul Bansal Country flag representing In Director 23-Jan-2006Current
Sumanbhai Amin Country flag representing In Director 14-Sep-2018Current
Rohan Bansal Country flag representing In Additional Director 28-Jul-2023Current

Financial Performance of Prayas Woollens.

Prayas Woollens Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.59% increase. The company also saw a slight decrease in profitability, with a 3.81% decrease in profit. The company's net worth Soared by an impressive increase of 12.96%.

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
6.59%
Revenue from Operations
5.18%
Total Assets
14.12%
Profit or Loss
-3.81%
Net Worth
12.96%
EBITDA
-19.91%

What is the Ownership and Shareholding Structure of Prayas Woollens?

In 2023, Prayas Woollens had a promoter holding of 80.64% and a public holding of 19.36%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.00 M

Satisfied Charges

₹84.00 M

Charges Breakdown by Lending Institutions

  • Others : 1.30 Cr

Latest Charge Details

DateLenderAmountStatus
22 Mar 2018Others₹1.30 CrOpen
30 Sep 2010Yes Bank Limited₹3.25 CrSatisfied
25 Mar 2010Yes Bank Limited₹2.50 CrSatisfied
13 May 1993State Bank Of India₹2.65 CrSatisfied

How Many Employees Work at Prayas Woollens?

Prayas Woollens has a workforce of 183 employees as of Apr 04, 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 Prayas Woollens, 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 Woollens'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 Woollens

Recent activity within the organization

  • Annual General Meeting

    Prayas Woollens Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Rohan Ramesh Bansal was appointed as a Additional Director was appointed as a Additional Director on 28 Jul 2023 & has been associated with this company since 1 year 7 months .

    28 Jul 2023

  • Director Appointment

    Sumanbhai Amin was appointed as a Director was appointed as a Director on 14 Sep 2018 & has been associated with this company since 6 years 5 months .

    14 Sep 2018

  • Charges

    A charge registered on 30 Sep 2010 via Charge ID 10247243 with Yes Bank Limited was fully satisfied on 05 Jun 2018.

    05 Jun 2018

  • Charges

    A charge registered on 25 Mar 2010 via Charge ID 10217554 with Yes Bank Limited was fully satisfied on 05 Jun 2018.

    05 Jun 2018

Frequently asked questions

  • Prayas Woollens Private Limited was incorporated on 03 Oct 1989.

  • The authorized share capital of Prayas Woollens Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.86 M.

  • Currently 3 directors are associated with Prayas Woollens Private Limited.

    • Rahul Rameshbhai Bansal
    • Sumanbhai Amin
    • Rohan Ramesh Bansal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prayas Woollens Private Limited is 405/B Towers, Alkapuri Arcade R.C.Dutt Road India, Baroda, Gujarat, 390005.

  • The corporate identification number (CIN) of Prayas Woollens Private Limited is U17119GJ1989PTC012824 and the company number is 012824 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prayas Woollens Private Limited has risen by 6.59%.

  • As Per 2023 financial reports, 183 employees are currently employed by Prayas Woollens Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prayas Woollens Private Limited has experienced an upsurge of 12.96%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prayas Woollens Private Limited amount to ₹ 1.30 Cr.

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

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