Practus Advisors Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
as on 19-10-2024
- Paid Up Capital ₹ 1.50 M
as on 19-10-2024
- Company Age 17 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 1.50 Cr
as on 19-10-2024
- Revenue -55.25%
(FY 2023)
- Profit 364.76%
(FY 2023)
- Ebitda -69.23%
(FY 2023)
- Net Worth 27.37%
(FY 2023)
- Total Assets -20.67%
(FY 2023)
About Practus Advisors
The Corporate was formerly known as Wealth Tree Advisors Private Limited. The Company is engaged in the Business Outsourcing 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 2.00 M and a paid-up capital of Rs 1.50 M.
The company has closed loans amounting to ₹1.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Srinivasan Venkataraman, Monik Koticha, and Deepak Narayanan serve as directors at the Company.
- CIN/LLPIN
U74110MH2007PTC170400
- Company No.
170400
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Apr 2007
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Practus Advisors Private Limited offer?
Practus Advisors Private Limited offers a wide range of products and services, including Business Planning and Management, Business Consultant, Product Engineering and Prototyping, Product Engineering Service, Event Management Services, Dealers Meet Assistance Services, BPO Services, Business Support Service, Business Process Improvement, Organization Structure Services.
Who are the key members and board of directors at Practus Advisors?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Deepak Narayanan  | Director | 20-May-2015 | Current |
| Srinivasan Venkataraman | Director | 28-Apr-2007 | Current |
| Monik Koticha | Director | 01-Jul-2015 | Current |
Financial Performance and Corporate Structure Insights of Practus Advisors.
Practus Advisors Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 55.25% decrease. The company also saw a substantial improvement in profitability, with a 364.76% increase in profit. The company's net worth Soared by an impressive increase of 27.37%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Practus Advisors?
In 2023, Practus Advisors had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Practus Business Transformation Private LimitedActive 5 years 3 monthsSrinivasan Venkataraman, Monik Koticha and 1 more are mutual person
Ivrcl Chengapalli Tollways LimitedActive 14 years 10 monthsSrinivasan Venkataraman is a mutual person
Practus Professional Services Private LimitedActive 3 years 3 monthsSrinivasan Venkataraman, Monik Koticha and 1 more are mutual person
Privateclient Insights India Private LimitedActive 1 year 1 monthSrinivasan Venkataraman is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 15 Oct 2019 | ₹1.50 Cr | Satisfied |
How Many Employees Work at Practus Advisors?
Practus Advisors has a workforce of 31 employees as of Oct 19, 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 Practus Advisors, 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 Practus Advisors'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.
