Prayatna Developers Private Limited

A solar energy company with 220MW capacity in multiple states, also involved in construction and real estate.

2015 | Gandhi Nagar, Gujarat (India) | Active
Last Updated: December 21, 2024

Prayatna Developers Profile

Key Indicators

  • Authorised Capital ₹ 160.00 Cr
  • Paid Up Capital ₹ 136.71 Cr
  • Company Age 9 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4,005.06 Cr
  • Satisfied Charges ₹ 4,726.44 Cr
  • Revenue Growth -0.22%
  • Profit Growth -6.54%
  • Ebitda -12.64%
  • Net Worth 6.44%
  • Total Assets -3.52%

About Prayatna Developers

Prayatna Developers Private Limited (PDPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 June 2015 (Nine years and seven months 13 days old ). Its registered office is in Gandhi Nagar, Gujarat, India.

The Company is engaged in the Infrastructure And Utilities 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 160.00 Cr and a paid-up capital of Rs 136.71 Cr.

The company currently has active open charges totaling ₹4,005.06 Cr. The company has closed loans amounting to ₹4,726.44 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Prayatna Developers Private Limited India are Surbhi Jain as COMPANY SECRETARY and Rahul Shukla as Cfo. Jay Shah, Dhaval Shah, Chitra Bhatnagar, and Two other members serve as directors at the Company.

Company Details

  • Location

    Gandhi Nagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70101GJ2015PTC083634

  • Company No.

    083634

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jun 2015

  • Date of AGM

    29 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Prayatna Developers?

Executive Team (3)

Name Designation Appointment Date Status
Dhaval Shah Country flag representing In Managing Director 13-Jan-2016 Current
Surbhi Jain Company Secretary 04-Jan-2022 Current
Rahul Shukla CFO 08-Jun-2024 Current

Board Members (4)

Name Designation Appointment Date Status
Jay Shah Country flag representing In Director 31-Mar-2021 Current
Chitra Bhatnagar Country flag representing In Director 19-Aug-2016 Current
Ankit Shah Country flag representing In Director 22-Nov-2019 Current
Rajiv Mehta Country flag representing In Director 25-Oct-2021 Current

Financial Performance of Prayatna Developers.

Prayatna Developers Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 0.22% decrease. The company also saw a slight decrease in profitability, with a 6.54% decrease in profit. The company's net worth moved up by a moderate rise of 6.44%.

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
-0.22%
Revenue from Operations
-4.09%
Total Assets
-3.52%
Profit or Loss
-6.54%
Net Worth
6.44%
EBITDA
-12.64%

What is the Ownership and Shareholding Structure of Prayatna Developers?

In 2022, Prayatna Developers 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

₹4,005.06 Cr

Satisfied Charges

₹4,726.44 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 4005.06 Cr

Latest Charge Details

Date Lender Amount Status
09 Apr 2024 Idbi Trusteeship Services Limited ₹3,399.46 Cr Open
03 Feb 2022 Idbi Trusteeship Services Limited ₹205.60 Cr Open
18 Oct 2019 Idbi Trusteeship Services Limited ₹400.00 Cr Open
29 Jan 2021 Idbi Trusteeship Services Limited ₹30.00 Cr Satisfied
13 Sep 2019 Idbi Trusteeship Services Limited ₹3,471.00 Cr Satisfied

How Many Employees Work at Prayatna Developers?

Prayatna Developers has a workforce of 24 employees as of Apr 06, 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 Prayatna Developers, 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 Prayatna Developers'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 Prayatna Developers

Recent activity within the organization

  • Annual General Meeting

    Prayatna Developers Private Limited last Annual general meeting of members was held on 29 Aug 2024 as per latest MCA records.

    29 Aug 2024

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 3,399.46 Cr registered on 09 Apr 2024 with Charge ID 100906877 was modified on 01 Jul 2024.

    01 Jul 2024

  • Director Appointment

    Rahul Gautambhai Shukla was appointed as a Cfo was appointed as a Cfo on 08 Jun 2024 & has been associated with this company since 7 months 27 days .

    08 Jun 2024

  • Charges

    A charge with Idbi Trusteeship Services Limited amounted to Rs. 3,399.46 Cr with Charge ID 100906877 was registered on 09 Apr 2024.

    09 Apr 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge registered on 13 Sep 2019 via Charge ID 100289340 with Idbi Trusteeship Services Limited was fully satisfied on 21 Mar 2024.

    21 Mar 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Prayatna Developers Private Limited was incorporated on 23 Jun 2015.

  • The authorized share capital of Prayatna Developers Private Limited is ₹ 160.00 Cr and paid-up capital is ₹ 136.71 Cr.

  • Currently 7 directors are associated with Prayatna Developers Private Limited.

    • Jay Himatlal Shah
    • Dhaval Bhavikbhai Shah
    • Chitra Jatinder Bhatnagar
    • Ankit Mohanlal Shah
    • Rajiv Mehta
    • Surbhi Jain
    • Rahul Gautambhai Shukla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prayatna Developers Private Limited is Adani Corporate House Shantigram Nr. Vaishno Devi Circle S G Highway, Kh Odiyar India, Ahmedabad, Gujarat, 382421.

  • The corporate identification number (CIN) of Prayatna Developers Private Limited is U70101GJ2015PTC083634 and the company number is 083634 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prayatna Developers Private Limited is https://www.adani.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Prayatna Developers Private Limited has fallen by -0.22%.

  • As Per 2022 financial reports, 24 employees are currently employed by Prayatna Developers Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Prayatna Developers Private Limited has experienced an upsurge of 6.44%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Prayatna Developers Private Limited amount to ₹ 4,005.06 Cr.

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

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