Prayatna Microfinance Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
as on 17-06-2024
- Paid Up Capital ₹ 18.27 Cr
as on 17-06-2024
- Company Age 7 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 233.38 Cr
as on 17-06-2024
- Satisfied Charges ₹ 55.85 Cr
as on 17-06-2024
- Revenue 75.03%
(FY 2023)
- Profit -12.95%
(FY 2023)
- Ebitda 87.13%
(FY 2023)
- Net Worth 35.17%
(FY 2023)
- Total Assets 67.92%
(FY 2023)
About Prayatna Microfinance
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 2023. 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 ₹233.38 Cr. The company has closed loans amounting to ₹55.85 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Prayatna Microfinance Limited India are Mukesh as CFO and Priyal Agrawal as Company Secretary. Sushmita Srivastav, Somya Srivastava, Satish Sinha, and One other member serve as directors at the Company.
- CIN/LLPIN
U65929DL2017PLC322587
- Company No.
322587
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Aug 2017
- Date of AGM
09 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
New Delhi, Delhi, India
- Telephone
- Email Address
- Website
- Social Media-
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 |
| Mukesh | CFO | 25-Mar-2024 | Current |
| Priyal Agrawal | Company Secretary | 22-Mar-2024 | Current |
Board Members(3)
| 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 |
Financial Performance and Corporate Structure Insights 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
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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.
Related Corporates (Common Directorship)
Almondz Insolvency Resolutions Services Private LimitedActive 7 years 2 monthsSatish Sinha is a mutual person
Avonmore Capital & Management Services LimitedActive 33 years 2 monthsSatish Sinha is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 30 Mar 2024 | ₹2.00 Cr | Open |
Others Creation Date: 30 Mar 2024 | ₹2.50 Cr | Open |
Others Creation Date: 28 Mar 2024 | ₹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.
