Prevalence Green Solutions Private Limited

Develops and produces eco-friendly electric vehicles for passengers and goods transportation.

2015 | Bangaluru, Karnataka (India) | Active
Last Updated:

Prevalence Green Solutions Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.59 M
  • Company Age 10 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.26 Cr
  • Revenue Growth 43.64%
  • Profit Growth -47.74%
  • Ebitda 17.18%
  • Net Worth 1.74%
  • Total Assets 3.56%

About Prevalence Green Solutions

Prevalence Green Solutions Private Limited (PGSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 February 2015 and has a history of Ten years and one month. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Automotive 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 2.50 M and a paid-up capital of Rs 1.59 M.

The company currently has active open charges totaling ₹4.26 Cr.

Ramaprasad V, Honnegowdanapalya Mahesh, and Girish Kalaiah serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34103KA2015PTC079043

  • Company No.

    079043

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Feb 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

What products or services does Prevalence Green Solutions Private Limited offer?

Prevalence Green Solutions Private Limited offers a wide range of products and services, including E Vehicles, Electric Heavy and Medium Commercial Vehicles, Electric Utility Vehicle, Electric Sightseeing Bus, Electric Three Wheeler, Parts and Kits, Electric Rickshaw Three Wheeler, Battery Operated Rickshaw, Electric Golf Cart, Special Purpose Vehicle, Golf Carts.

Company report

Prevalence Green Solutions Private Limited

Explore comprehensive data for Prevalence Green Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Girish Kalaiah Country flag representing In Director 27-Feb-2015Current
Ramaprasad V Country flag representing In Director 15-Mar-2019Current
Honnegowdanapalya Mahesh Country flag representing In Director 27-Feb-2015Current

Financial Performance of Prevalence Green Solutions.

Prevalence Green Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 43.64% increase. The company also saw a substantial fall in profitability, with a 47.74% decrease in profit. The company's net worth moved up by a moderate rise of 1.74%.

Prevalence Green Solutions revenue growth over time
Prevalence Green 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
43.64%
Revenue from Operations
43.77%
Total Assets
3.56%
Profit or Loss
-47.74%
Net Worth
1.74%
EBITDA
17.18%

What is the Ownership and Shareholding Structure of Prevalence Green Solutions?

In 2023, Prevalence Green Solutions had a promoter holding of 51.00% and a public holding of 49.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹42.60 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 2.51 Cr
  • Hdfc Bank Limited : 1.75 Cr

Latest Charge Details

DateLenderAmountStatus
24 Mar 2022Canara Bank₹2.51 CrOpen
28 Mar 2018Hdfc Bank Limited₹1.75 CrOpen

How Many Employees Work at Prevalence Green Solutions?

Prevalence Green Solutions has a workforce of 83 employees as of Apr 07, 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.

Employee growth trends for Prevalence Green Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prevalence Green 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 Prevalence Green 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 Prevalence Green Solutions

Recent activity within the organization

  • Annual General Meeting

    Prevalence Green Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Prevalence Green Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 17.50 M registered on 28 Mar 2018 with Charge ID 100168494 was modified on 06 Feb 2024.

  • Charges

    A charge with Canara Bank amounted to Rs. 25.10 M with Charge ID 100559476 was registered on 24 Mar 2022.

  • Director Appointment

    Ramaprasad Samudrala V was appointed as a Director was appointed as a Director on 15 Mar 2019 & has been associated with this company since 6 years 1 month .

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 17.50 M with Charge ID 100168494 was registered on 28 Mar 2018.

Frequently asked questions

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

    Prevalence Green Solutions Private Limited was incorporated on 27 Feb 2015.

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

    The authorized share capital of Prevalence Green Solutions Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.59 M.

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

    Currently 3 directors are associated with Prevalence Green Solutions Private Limited.

    • Ramaprasad Samudrala V
    • Honnegowdanapalya Kalaiah Mahesh
    • Girish Honnegowdanapalya Kalaiah
  • What is the registered address of Prevalence Green Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Prevalence Green Solutions Private Limited is No.44/3 1St Cross B K Circle Kothanur Dinne, Bannerghatta Road India, Bengaluru, Karnataka, 560076.

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

    The corporate identification number (CIN) of Prevalence Green Solutions Private Limited is U34103KA2015PTC079043 and the company number is 079043 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Prevalence Green Solutions Private Limited?

    The Official website of Prevalence Green Solutions Private Limited is https://www.prevalence.in

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Prevalence Green Solutions Private Limited has risen by 43.64%.

  • How many employees does Prevalence Green Solutions Private Limited currently have?

    As Per 2023 financial reports, 83 employees are currently employed by Prevalence Green Solutions Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Prevalence Green Solutions Private Limited has experienced an upsurge of 1.74%.

  • What are the total open charges for Prevalence Green Solutions Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Prevalence Green Solutions Private Limited amount to ₹ 4.26 Cr.

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

    The most recent Balance Sheet for Prevalence Green Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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