Prosperous Finance Services Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 40 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 0.50 M
- Revenue Growth -35.24%
- Profit Growth -38.45%
- Ebitda 5.56%
- Net Worth 1.62%
- Total Assets 1.18%
About Prosperous Finance Services
Prosperous Finance Services Limited (PFSL) is a Public Limited Indian Non-Government Company incorporated in India on 23 February 1985 and has a history of 40 years and one month. Its registered office is in Nagpur, Maharashtra, India.
The Company is engaged in the Information Technology 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 0.50 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹0.50 M.
Ashok Mokha, Lav Bajaj, Kush Bajaj, and One other member serve as directors at the Company.
Company Details
- Location
Nagpur, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999MH1985PLC035465
- Company No.
035465
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Feb 1985
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Information Technology
Who are the key members and board of directors at Prosperous Finance Services?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashok Mokha  | Director | 10-Apr-1987 | Current |
| Lav Bajaj | Director | 22-Apr-2017 | Current |
| Kush Bajaj | Director | 23-Jun-2006 | Current |
| Rachit Jain | Director | 09-Sep-2023 | Current |
Financial Performance of Prosperous Finance Services.
Prosperous Finance Services Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 35.24% decrease. The company also saw a substantial fall in profitability, with a 38.45% decrease in profit. The company's net worth moved up by a moderate rise of 1.62%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Prosperous Finance Services?
In 2021, Prosperous Finance Services had a promoter holding of 99.90% and a public holding of 0.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Bajaj Steel Industries Limited
Lav Bajaj is a mutual person
- Bajaj Exports Private Limited
Lav Bajaj and Kush Bajaj are mutual person
- Bajaj Cotgin Private Limited
Lav Bajaj is a mutual person
- Rohit Techserve Limited
Lav Bajaj and Kush Bajaj are mutual person
- Bajaj Trade Developments Limited
Kush Bajaj is a mutual person
Singh Timber Trading Company Private LimitedAshok Mokha is a mutual person
Charges (Loans)
Open Charges
₹0.50 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Bank Of Maharashtra : 0.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jun 1999 | Bank Of Maharashtra | ₹0.50 M | Open |
How Many Employees Work at Prosperous Finance Services?
Unlock and access historical data on people associated with Prosperous Finance Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Prosperous Finance Services, 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 Prosperous Finance Services'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 Prosperous Finance Services
Recent activity within the organization
- Annual General Meeting
Prosperous Finance Services Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Prosperous Finance Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Rachit Rakesh Jain was appointed as a Director was appointed as a Director on 09 Sep 2023 & has been associated with this company since 1 year 6 months .
- Director Appointment
Lav Bajaj was appointed as a Director was appointed as a Director on 22 Apr 2017 & has been associated with this company since 7 years 11 months .
- Director Appointment
Kush Bajaj was appointed as a Director was appointed as a Director on 23 Jun 2006 & has been associated with this company since 18 years 9 months .
- Charges
A charge with Bank Of Maharashtra amounted to Rs. 0.50 M with Charge ID 90373913 was registered on 14 Jun 1999.
Frequently asked questions
What is the Incorporation or founding date of Prosperous Finance Services Limited?
Prosperous Finance Services Limited was incorporated on 23 Feb 1985.
What is authorized share capital and paid-up capital of Prosperous Finance Services Limited?
The authorized share capital of Prosperous Finance Services Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Prosperous Finance Services Limited?
Currently 4 directors are associated with Prosperous Finance Services Limited.
- Ashok Sheodanmal Mokha
- Lav Bajaj
- Kush Bajaj
- Rachit Rakesh Jain
What is the registered address of Prosperous Finance Services Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Prosperous Finance Services Limited is Imambada Road, India, Nagpur, Maharashtra, 440018.
What is the corporate identification number (CIN) and company number of Prosperous Finance Services Limited?
The corporate identification number (CIN) of Prosperous Finance Services Limited is U74999MH1985PLC035465 and the company number is 035465 as per Ministry of Corporate Affairs (MCA).
What is the official website of Prosperous Finance Services Limited?
The Official website of Prosperous Finance Services Limited is https://www.bajajngp.com
What has been the recent revenue trend for Prosperous Finance Services Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Prosperous Finance Services Limited has fallen by -35.24%.
What change has been observed in the net worth of Prosperous Finance Services Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Prosperous Finance Services Limited has experienced an upsurge of 1.62%.
What are the total open charges for Prosperous Finance Services Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Prosperous Finance Services Limited amount to ₹ 0.50 M.
When was the last Balance Sheet of Prosperous Finance Services Limited filed with the ROC?
The most recent Balance Sheet for Prosperous Finance Services Limited was filed with the ROC on 31 Mar 2024.
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