Shraddha Prime Projects Limited

Develops residential buildings and townships, specializes in slum rehabilitation projects.

1993 | Vadodara, Gujarat (India) | Active
Last Updated: July 02, 2024

Shraddha Prime Projects Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 20.20 Cr
  • Company Age 31 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 165.00 Cr
  • Satisfied Charges ₹ 1.80 M
  • Revenue Growth -77.30%
  • Profit Growth -111.10%
  • Ebitda -119.54%
  • Net Worth 57.58%
  • Total Assets 359.76%

About Shraddha Prime Projects

Shraddha Prime Projects Limited (SPPL) is a Public Limited Indian Non-Government Company incorporated in India on 10 March 1993 and has a history of 31 years and ten months. Its registered office is in Vadodara, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531771.

The Corporate was formerly known as Towa Sokki Limited. The Company is engaged in the Real Estate And Construction 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 30.00 Cr and a paid-up capital of Rs 20.20 Cr.

The company currently has active open charges totaling ₹165.00 Cr. The company has closed loans amounting to ₹1.80 M, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Shraddha Prime Projects Limited India are Vishal Salecha as Ceo, Neha Parekh as Company Secretary, and Dhruv Mehta as Cfo. Sudhir Mehta, Ramchandra Ralkar, Santosh Samant, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L70100MH1993PLC394793

  • Company No.

    019111

  • Stock Symbol

    BSE : 531771

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Mar 1993

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

Who are the key members and board of directors at Shraddha Prime Projects?

Executive Team (4)

Name Designation Appointment Date Status
Sudhir Mehta Country flag representing In Managing Director 07-May-2021 Current
Vishal Salecha CEO 08-Mar-2023 Current
Neha Parekh Country flag representing In Company Secretary 01-Jun-2022 Current
Dhruv Mehta CFO 14-Apr-2022 Current

Board Members (5)

Name Designation Appointment Date Status
Nimisha Soni Country flag representing In Director 13-Jan-2022 Current
Ramchandra Ralkar Country flag representing In Director 14-Apr-2022 Current
Santosh Samant Country flag representing In Director 28-Aug-2021 Current
Rohit Agrawal Country flag representing In Director 07-Aug-2021 Current
Shivangi Datta Country flag representing In Director 07-Aug-2021 Current

Financial Performance of Shraddha Prime Projects.

Shraddha Prime Projects Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 77.3% decrease. The company also saw a substantial fall in profitability, with a 111.1% decrease in profit. The company's net worth Soared by an impressive increase of 57.58%.

Graph illustrating revenue growth over time
Graph showing 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
-77.30%
Revenue from Operations
Total Assets
359.76%
Profit or Loss
-111.10%
Net Worth
57.58%
EBITDA
-119.54%

What is the Ownership and Shareholding Structure of Shraddha Prime Projects?

In 2023, Shraddha Prime Projects had a promoter holding of 75.00% and a public holding of 25.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹165.00 Cr

Satisfied Charges

₹0.18 Cr

Charges Breakdown by Lending Institutions

  • Others : 165.00 Cr

Latest Charge Details

Date Lender Amount Status
04 Jan 2023 Others ₹165.00 Cr Open
04 Mar 1998 Bank Of Baroda ₹1.80 M Satisfied

How Many Employees Work at Shraddha Prime Projects?

Shraddha Prime Projects has a workforce of 0 employees as of Apr 10, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shraddha Prime Projects, 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 Shraddha Prime Projects'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 Shraddha Prime Projects

Recent activity within the organization

  • Annual General Meeting

    Shraddha Prime Projects Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Balance Sheet

    Shraddha Prime Projects Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 165.00 Cr with Charge ID 100691642 was registered on 04 Jan 2023.

    04 Jan 2023

  • Director Appointment

    Ramchandra Krishna Ralkar was appointed as a Director was appointed as a Director on 14 Apr 2022 & has been associated with this company since 2 years 9 months .

    14 Apr 2022

  • Director Appointment

    Santosh Sadashiv Samant was appointed as a Director was appointed as a Director on 28 Aug 2021 & has been associated with this company since 3 years 5 months .

    28 Aug 2021

  • Director Appointment

    Rohit Agrawal was appointed as a Director was appointed as a Director on 07 Aug 2021 & has been associated with this company since 3 years 5 months .

    07 Aug 2021

Recent News, Updates & Announcement

  • News icon
    Towa Sokki shifts its registered office.

    Towa Sokki has informed that the Board of Directors of the Company at its Meeting held on February 13, 2017, approved the shifting of Registered Office of the Company from.

    16 Feb 2017 Moneycontrol

Frequently asked questions

  • Shraddha Prime Projects Limited was incorporated on 10 Mar 1993.

  • The authorized share capital of Shraddha Prime Projects Limited is ₹ 30.00 Cr and paid-up capital is ₹ 20.20 Cr.

  • Currently 9 directors are associated with Shraddha Prime Projects Limited.

    • Sudhir Balu Mehta
    • Ramchandra Krishna Ralkar
    • Santosh Sadashiv Samant
    • Rohit Agrawal
    • Shivangi Datta
    • Nimisha Soni
    • Vishal Prithviraj Salecha
    • Neha Nareshbhai Parekh
    • Dhruv Rajesh Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shraddha Prime Projects Limited is Ff-6 Amrapali Apartment Near Air Force Station, Makarpura, Vadodara, Gujarat, India, 390014.

  • The corporate identification number (CIN) of Shraddha Prime Projects Limited is L70100MH1993PLC394793 and the company number is 019111 as per Ministry of Corporate Affairs (MCA).

  • Yes, Shraddha Prime Projects Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Shraddha Prime Projects Limited is https://www.shraddhaprimeprojects.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shraddha Prime Projects Limited has fallen by -77.30%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shraddha Prime Projects Limited has experienced an upsurge of 57.58%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shraddha Prime Projects Limited amount to ₹ 165.00 Cr.

  • The most recent Balance Sheet for Shraddha Prime Projects Limited was filed with the ROC on 31 Mar 2023.

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