Prolend Finserv Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 2.25 Cr
- Company Age 5 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.06 Cr
- Satisfied Charges ₹ 2.20 M
- Revenue Growth 92.43%
- Profit Growth 228.46%
- Ebitda 337.48%
- Net Worth 6.63%
- Total Assets 29.03%
About Prolend Finserv
Prolend Finserv Private Limited (PFPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 September 2019 (Five years and four months 30 days old ). Its registered office is in Thrissur, Kerala, India.
The Corporate was formerly known as Sms Wealth Care Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 2.25 Cr.
The company currently has active open charges totaling ₹3.06 Cr. The company has closed loans amounting to ₹2.20 M, as per Ministry of Corporate Affairs (MCA) records.
Parayidathu Kumar, Surya Nekkanti, and Saju Paul serve as directors at the Company.
Company Details
-
Location
Thrissur, Kerala, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media-
-
Apps
Corporate Identity Details
-
CIN/LLPIN
U65999KL2019PTC059491
-
Company No.
059491
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
04 Sep 2019
-
Date of AGM
09 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Ernakulam
Industry
Who are the key members and board of directors at Prolend Finserv?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Parayidathu Kumar
|
Managing Director | 04-Sep-2019 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Surya Nekkanti
|
Director | 04-Sep-2019 | Current |
|
Saju Paul
|
Director | 04-Sep-2019 | Current |
Financial Performance of Prolend Finserv.
Prolend Finserv Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 92.43% increase. The company also saw a substantial improvement in profitability, with a 228.46% increase in profit. The company's net worth moved up by a moderate rise of 6.63%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Prolend Finserv?
In 2021, Prolend Finserv 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)
-
Subhakiran Assets LlpParayidathu Kumar and Saju Paul are mutual person
Charges (Loans)
₹3.06 Cr
₹0.22 Cr
Charges Breakdown by Lending Institutions
- Others : 3.06 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jun 2024 | Others | ₹3.00 M | Open |
| 26 Feb 2024 | Others | ₹3.27 M | Open |
| 23 Jan 2024 | Others | ₹1.50 M | Open |
| 06 Nov 2023 | Others | ₹4.25 M | Open |
| 30 Aug 2023 | Others | ₹1.00 M | Open |
How Many Employees Work at Prolend Finserv?
Unlock and access historical data on people associated with Prolend Finserv, 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 Prolend Finserv, 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 Prolend Finserv'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.
