Praveg Profile
Key Indicators
- Authorised Capital ₹ 40.00 Cr
- Paid Up Capital ₹ 26.14 Cr
- Company Age 30 Year, 28 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 20.75 Cr
- Satisfied Charges ₹ 3.68 Cr
- Revenue Growth 88.23%
- Profit Growth 132.10%
- Ebitda 274.68%
- Net Worth 306.27%
- Total Assets 231.06%
About Praveg
Praveg Limited (PL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 February 1995 and has a history of 30 years. Its registered office is in Ahmedabad, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531637.
The Corporate was formerly known as Sword And Shield Pharma Ltd. The Company is engaged in the Travel And Hospitality 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 40.00 Cr and a paid-up capital of Rs 26.14 Cr.
The company currently has active open charges totaling ₹20.75 Cr. The company has closed loans amounting to ₹3.68 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Praveg Limited India are Mukeshkumar Chaudhary as COMPANY SECRETARY and Dharmendrakumar Soni as Cfo. Alpeshkumar Patel, Keyoor Bakshi, Dilipkumar Chunilal, and Seven other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L24231GJ1995PLC024809
- Company No.
024809
- Stock Symbol
BSE : 531637
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
28 Feb 1995
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
Travel and Hospitality
Events and Entertainment
Who are the key members and board of directors at Praveg?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mukeshkumar Chaudhary  | Company Secretary | 01-Jul-2022 | Current |
| Dharmendrakumar Soni | CFO | 20-Dec-2021 | Current |
Board Members (10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajendrakumar Patel | Director | 22-Aug-2020 | Current |
| Kalpesh Patel | Director | 10-Aug-2024 | Current |
| Pooja Khakhi | Director | 30-May-2023 | Current |
| Ajit Panda | Director | 22-Aug-2020 | Current |
| Alpeshkumar Patel | Director | 10-Aug-2024 | Current |
| Keyoor Bakshi | Director | 01-Mar-2021 | Current |
Financial Performance of Praveg.
Praveg Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 88.23% increase. The company also saw a substantial improvement in profitability, with a 132.1% increase in profit. The company's net worth Soared by an impressive increase of 306.27%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Praveg?
In 2023, Praveg had a promoter holding of 62.00% and a public holding of 38.01%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
V V Patel Consultants Private LimitedKalpesh Patel and Patel Vitthaldas are mutual person
Patels Airtemp (India) LimitedRajendrakumar Patel is a mutual person
Kanel Industries LimitedKeyoor Bakshi is a mutual person
U R Energy (Solar) Private LimitedParikh Kiran and Patel Vitthaldas are mutual person
Infibeam Avenues LimitedKeyoor Bakshi is a mutual person
Eulogia Inn Private LimitedAlpeshkumar Patel is a mutual person
Charges (Loans)
Open Charges
₹20.75 Cr
Satisfied Charges
₹3.68 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 11.25 Cr
- Indian Bank : 9.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Oct 2024 | State Bank Of India | ₹11.25 Cr | Open |
| 25 Mar 2010 | Indian Bank | ₹9.50 Cr | Open |
| 13 May 2021 | Others | ₹3.83 M | Satisfied |
| 13 May 2021 | Others | ₹3.78 M | Satisfied |
| 24 Oct 2019 | Others | ₹6.65 M | Satisfied |
How Many Employees Work at Praveg?
Praveg has a workforce of 172 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Praveg, 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 Praveg'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 Praveg
Recent activity within the organization
- Charges
A charge with State Bank Of India amounted to Rs. 11.25 Cr with Charge ID 101001900 was registered on 21 Oct 2024.
- Annual General Meeting
Praveg Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Dilipkumar Patel Chunilal was appointed as a Director was appointed as a Director on 30 Sep 2024 & has been associated with this company since 5 months 27 days .
- Director Appointment
Alpeshkumar Parshottambhai Patel was appointed as a Director was appointed as a Director on 10 Aug 2024 & has been associated with this company since 7 months 17 days .
- Director Appointment
Kalpesh Ramanlal Patel was appointed as a Director was appointed as a Director on 10 Aug 2024 & has been associated with this company since 7 months 17 days .
- Charges
A charge registered on 13 May 2021 via Charge ID 100450217 with Others was fully satisfied on 17 May 2024.
Recent News, Updates & Announcement
Praveg Communications Limited Expands Into Wildlife Photography./PRNewswire/ -- Ahmedabad-based Praveg Communications Limited is expanding into wildlife photography as it joins hands with a 19-year old photography....
Frequently asked questions
What is the Incorporation or founding date of Praveg Limited?
Praveg Limited was incorporated on 28 Feb 1995.
What is authorized share capital and paid-up capital of Praveg Limited?
The authorized share capital of Praveg Limited is ₹ 40.00 Cr and paid-up capital is ₹ 26.14 Cr.
Who are the current board members & directors of Praveg Limited?
Currently 12 directors are associated with Praveg Limited.
- Alpeshkumar Parshottambhai Patel
- Keyoor Madhusudan Bakshi
- Dilipkumar Patel Chunilal
- Kalpesh Ramanlal Patel
- Mukeshkumar Sohanram Chaudhary
- Dharmendrakumar Manilal Soni
- Pooja Hemang Khakhi
- Ajit Kumar Panda
- Parikh Bijal Kiran
- Rajendrakumar Chaturbhai Patel
- Bhumit Vinodkumar Patel
- Patel Vishnukumar Vitthaldas
What is the registered address of Praveg Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Praveg Limited is 18Th Floor Westport Opp. Montecristo Banquet Sindhu Bhawan Road Thaltej, India, Daskroi, Gujarat, 380059.
What is the corporate identification number (CIN) and company number of Praveg Limited?
The corporate identification number (CIN) of Praveg Limited is L24231GJ1995PLC024809 and the company number is 024809 as per Ministry of Corporate Affairs (MCA).
Is Praveg Limited registered with any stock exchange in India?
Yes, Praveg Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Praveg Limited?
The Official website of Praveg Limited is https://www.praveg.com
What has been the recent revenue trend for Praveg Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Praveg Limited has risen by 88.23%.
How many employees does Praveg Limited currently have?
As Per 2023 financial reports, 172 employees are currently employed by Praveg Limited.
What change has been observed in the net worth of Praveg Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Praveg Limited has experienced an upsurge of 306.27%.
What are the total open charges for Praveg Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Praveg Limited amount to ₹ 20.75 Cr.
When was the last Balance Sheet of Praveg Limited filed with the ROC?
The most recent Balance Sheet for Praveg Limited was filed with the ROC on 31 Mar 2024.
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