Prayatna Microfinance Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 18.27 Cr
- Company Age 7 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 211.63 Cr
- Satisfied Charges ₹ 123.60 Cr
- Revenue Growth 75.03%
- Profit Growth -12.95%
- Ebitda 87.13%
- Net Worth 35.17%
- Total Assets 67.92%
About Prayatna Microfinance
Prayatna Microfinance Limited (PML) is a Public Limited Indian Non-Government Company incorporated in India on 23 August 2017 (Seven years and seven months 6 days old ). Its registered office is in Delhi, 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 25.00 Cr and a paid-up capital of Rs 18.27 Cr.
The company currently has active open charges totaling ₹211.63 Cr. The company has closed loans amounting to ₹123.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Prayatna Microfinance Limited India are Priyal Agrawal as COMPANY SECRETARY and Mukesh as Cfo. Sushmita Srivastav, Satish Sinha, Prem Hooda, and Two other members serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65929DL2017PLC322587
- Company No.
322587
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Aug 2017
- Date of AGM
30 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Financial Services
Who are the key members and board of directors at Prayatna Microfinance?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prem Hooda  | Managing Director | 23-Aug-2017 | Current |
| Priyal Agrawal | Company Secretary | 22-Mar-2024 | Current |
| Mukesh | CFO | 25-Mar-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Satish Sinha | Director | 23-Aug-2017 | Current |
| Sushmita Srivastav | Whole-Time Director | 23-Aug-2017 | Current |
| Somya Srivastava | Whole-Time Director | 23-Aug-2017 | Current |
| Mahender Singh | Additional Director | 04-May-2024 | Current |
Financial Performance of Prayatna Microfinance.
Prayatna Microfinance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 75.03% increase. The company also saw a substantial fall in profitability, with a 12.95% decrease in profit. The company's net worth Soared by an impressive increase of 35.17%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Prayatna Microfinance?
In 2023, Prayatna Microfinance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Dlf LimitedMahender Singh is a mutual person
Almondz Insolvency Resolutions Services Private LimitedSatish Sinha is a mutual person
Almondz Global Securities LimitedSatish Sinha is a mutual person
Avonmore Capital & Management Services LimitedSatish Sinha is a mutual person
Charges (Loans)
Open Charges
₹211.63 Cr
Satisfied Charges
₹123.60 Cr
Charges Breakdown by Lending Institutions
- Others : 137.40 Cr
- Uco Bank : 25.00 Cr
- Indian Overseas Bank : 19.00 Cr
- State Bank Of India : 15.00 Cr
- Indian Bank : 10.00 Cr
- Others : 5.23 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2024 | Uco Bank | ₹15.00 Cr | Open |
| 27 Sep 2024 | Others | ₹2.00 Cr | Open |
| 18 Sep 2024 | Others | ₹4.00 Cr | Open |
| 10 Sep 2024 | Others | ₹3.00 Cr | Open |
| 16 Aug 2024 | Others | ₹2.00 Cr | Open |
How Many Employees Work at Prayatna Microfinance?
Prayatna Microfinance has a workforce of 417 employees as of Apr 09, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Prayatna Microfinance, 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 Microfinance'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
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 Microfinance
Recent activity within the organization
- Charges
A charge registered on 28 Jul 2023 via Charge ID 100757869 with Others was fully satisfied on 05 Feb 2025.
- Charges
A charge registered on 27 Feb 2023 via Charge ID 100684896 with Others was fully satisfied on 03 Feb 2025.
- Charges
A charge registered on 23 Mar 2022 via Charge ID 100551826 with Sidbi was fully satisfied on 28 Jan 2025.
- Charges
A charge registered on 30 Dec 2022 via Charge ID 100663159 with Others was fully satisfied on 20 Jan 2025.
- Charges
A charge registered on 03 Jul 2023 via Charge ID 100741520 with Others was fully satisfied on 10 Jan 2025.
- Charges
A charge registered on 22 Nov 2022 via Charge ID 100642318 with Others was fully satisfied on 17 Dec 2024.
Frequently asked questions
What is the Incorporation or founding date of Prayatna Microfinance Limited?
Prayatna Microfinance Limited was incorporated on 23 Aug 2017.
What is authorized share capital and paid-up capital of Prayatna Microfinance Limited?
The authorized share capital of Prayatna Microfinance Limited is ₹ 25.00 Cr and paid-up capital is ₹ 18.27 Cr.
Who are the current board members & directors of Prayatna Microfinance Limited?
Currently 7 directors are associated with Prayatna Microfinance Limited.
- Sushmita Srivastav
- Satish Chandra Sinha
- Prem Singh Hooda
- Priyal Agrawal
- Somya Srivastava
- Mahender Singh
- Mukesh
What is the registered address of Prayatna Microfinance Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Prayatna Microfinance Limited is B-208 C. R. Park India, New Delhi, 110019.
What is the corporate identification number (CIN) and company number of Prayatna Microfinance Limited?
The corporate identification number (CIN) of Prayatna Microfinance Limited is U65929DL2017PLC322587 and the company number is 322587 as per Ministry of Corporate Affairs (MCA).
What is the official website of Prayatna Microfinance Limited?
The Official website of Prayatna Microfinance Limited is https://www.prayatnamicrofinance.com
What has been the recent revenue trend for Prayatna Microfinance Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Prayatna Microfinance Limited has risen by 75.03%.
How many employees does Prayatna Microfinance Limited currently have?
As Per 2023 financial reports, 417 employees are currently employed by Prayatna Microfinance Limited.
What change has been observed in the net worth of Prayatna Microfinance Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Prayatna Microfinance Limited has experienced an upsurge of 35.17%.
What are the total open charges for Prayatna Microfinance Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Prayatna Microfinance Limited amount to ₹ 211.63 Cr.
When was the last Balance Sheet of Prayatna Microfinance Limited filed with the ROC?
The most recent Balance Sheet for Prayatna Microfinance Limited was filed with the ROC on 31 Mar 2024.
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