Precel Solutions Private Limited

IT company providing financial services, software development, and project consultancy since 2001.

2001 | Mumbai, Maharashtra (India) | Active
Last Updated:

Precel Solutions Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.85 Cr
  • Company Age 24 Year, 22 Days
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -6.55%
  • Profit Growth 109.96%
  • Ebitda 113.47%
  • Net Worth 0.27%
  • Total Assets 4.29%

About Precel Solutions

Precel Solutions Private Limited (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 March 2001 and has a history of 24 years. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Sangeetha Information Technology Pvt Ltd. 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 3.00 Cr and a paid-up capital of Rs 2.85 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rahul Parekh and Priyank Parekh serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67190MH2001PTC131158

  • Company No.

    131158

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Mar 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Precel Solutions?

Board Members (2)

NameDesignationAppointment DateStatus
Rahul Parekh Country flag representing In Director 20-May-2019Current
Priyank Parekh Country flag representing In Director 15-Apr-2021Current

Financial Performance of Precel Solutions.

Precel Solutions Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 6.55% decrease. The company also saw a substantial improvement in profitability, with a 109.96% increase in profit. The company's net worth moved up by a moderate rise of 0.27%.

Precel Solutions revenue growth over time
Precel Solutions 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
-6.55%
Revenue from Operations
-6.80%
Total Assets
4.29%
Profit or Loss
109.96%
Net Worth
0.27%
EBITDA
113.47%

What is the Ownership and Shareholding Structure of Precel Solutions?

In 2020, Precel Solutions had a promoter holding of 0.18% and a public holding of 99.83%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Precel Solutions?

Unlock and access historical data on people associated with Precel Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Precel Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Precel Solutions, 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 Precel Solutions'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 Precel Solutions

Recent activity within the organization

  • Annual General Meeting

    Precel Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Precel Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Director Appointment

    Priyank Parekh was appointed as a Director was appointed as a Director on 15 Apr 2021 & has been associated with this company since 3 years 11 months .

  • Director Appointment

    Rahul Parekh was appointed as a Director was appointed as a Director on 20 May 2019 & has been associated with this company since 5 years 10 months .

  • Company Incorporation

    Precel Solutions Private Limited was registered on 09 Mar 2001 with Roc Mumbai & aged 24 years 22 days as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Precel Solutions Private Limited?

    Precel Solutions Private Limited was incorporated on 09 Mar 2001.

  • What is authorized share capital and paid-up capital of Precel Solutions Private Limited?

    The authorized share capital of Precel Solutions Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.85 Cr.

  • Who are the current board members & directors of Precel Solutions Private Limited?

    Currently 2 directors are associated with Precel Solutions Private Limited.

    • Rahul Parekh
    • Priyank Parekh

  • What is the registered address of Precel Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Precel Solutions Private Limited is 601 Ravi Building 189/191 Dr. D. N. Road Next To Central Camera House Fort, India, Mumbai, Maharashtra, 400001.

  • What is the corporate identification number (CIN) and company number of Precel Solutions Private Limited?

    The corporate identification number (CIN) of Precel Solutions Private Limited is U67190MH2001PTC131158 and the company number is 131158 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Precel Solutions Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Precel Solutions Private Limited has fallen by -6.55%.

  • What change has been observed in the net worth of Precel Solutions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Precel Solutions Private Limited has experienced an upsurge of 0.27%.

  • When was the last Balance Sheet of Precel Solutions Private Limited filed with the ROC?

    The most recent Balance Sheet for Precel Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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