Prevail Casting Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 17-06-2024
- Paid Up Capital ₹ 10.00 M
as on 17-06-2024
- Company Age 34 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 12.71 Cr
as on 17-06-2024
- Satisfied Charges ₹ 5.98 Cr
as on 17-06-2024
- Revenue 18.75%
(FY 2023)
- Profit -32.40%
(FY 2023)
- Ebitda 40.70%
(FY 2023)
- Net Worth 304.27%
(FY 2023)
- Total Assets 23.30%
(FY 2023)
About Prevail Casting
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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 10.00 M.
The company currently has active open charges totaling ₹12.71 Cr. The company has closed loans amounting to ₹5.98 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kanubhai Akabari, Atulbhai Patel, and Shaileshbhai Patel serve as directors at the Company.
- CIN/LLPIN
U27101GJ1990PTC014468
- Company No.
014468
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Oct 1990
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Shapar, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Prevail Casting Private Limited offer?
Prevail Casting Private Limited offers a wide range of products and services, including Industrial Valves & Valve Fittings, Check Valves.
Who are the key members and board of directors at Prevail Casting?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kanubhai Akabari  | Managing Director | 01-Jun-1991 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Atulbhai Patel | Director | 10-Jan-1995 | Current |
| Shaileshbhai Patel | Director | 01-Apr-2006 | Current |
Financial Performance of Prevail Casting.
Prevail Casting Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.75% increase. The company also saw a substantial fall in profitability, with a 32.4% decrease in profit. The company's net worth Soared by an impressive increase of 304.27%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Prevail Casting?
In 2023, Prevail Casting 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)
Prevail Investment Casting Private LimitedActive 25 years 11 monthsKanubhai Akabari and Atulbhai Patel are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 19 Oct 2023 | ₹3.00 Cr | Open |
Others Creation Date: 25 Jul 2022 | ₹4.00 Cr | Open |
Others Creation Date: 09 Nov 2021 | ₹5.71 Cr | Open |
How Many Employees Work at Prevail Casting?
Prevail Casting has a workforce of 38 employees as of Apr 08, 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 Prevail Casting, 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 Prevail Casting'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.
