About Prabhat Holdings Private Limited
Data last updated:
Prabhat Holdings Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial holding companies segment of the financial services sector. It was incorporated on 04 October 2013.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2013PTC093240.
The company had an authorised share capital of ₹60 Lakh and a paid-up capital of ₹60 Lakh. It was formerly known as Shinago Holdings Private Limited. It was led by directors including Dinesh Shivagan Patel and Hittesh Patel Shivgan.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Unit No. 407 Raheja Towers No. 177 4th Floor Anna Salai, Chennai, Tamil Nadu, India – 600002.
As per the financials filed for FY 2017, the company reported a revenue of ₹6.28 Cr, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹25.79 Cr (net margin -410.8%) and EBITDA of -₹4.88 Cr (EBITDA margin -77.7%). Revenue has declined at a compounded annual rate (CAGR) of 60% over three years.
Its group structure included 1 subsidiary.
Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it.
The last known website on record is prabhatgroup.com.
Company details
Contact details
Prabhat Holdings Private Limited's registered office is in Chennai, Tamil Nadu. Its website is prabhatgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No. 407 Raheja Towers No. 177 4th Floor Anna Salai, Chennai, Tamil Nadu, India – 600002
- IndustryFinancial Services, Financial Holding Companies
To see the full contact details of Prabhat Holdings Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Prabhat Holdings is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
Financials of Prabhat Holdings Private Limited
FY 2017 filings availablePrabhat Holdings Private Limited reported revenue of ₹6.28 Cr (down 88% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 60% over three years, including a 88% fall in the latest year. EBITDA rose 55% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹4.88 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹25.79 Cr | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -77.7% | ||
| Net Profit Margin | -410.8% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Prabhat Holdings Private Limited, buy the company report.
Board of directors of Prabhat Holdings Private Limited
Prabhat Holdings has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Shivagan Patel | Director | 25 Apr 2016 | 10 Years 6 Months | As last reported |
| Hittesh Patel Shivgan | Director | 25 Apr 2016 | 10 Years 6 Months | As last reported |
| Dinesh Patel Pushpa | Director | 25 Aug 2017 | 9 Years 2 Months | As last reported |
Auditor
Prabhat Holdings Private Limited is audited by Madhu Balan & Associates for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Madhu Balan & Associates | FY 2015 |
Shareholding
The shareholding of Prabhat Holdings Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Prabhat Holdings Private Limited, buy the company report.
Legal cases
Prabhat Holdings Private Limited has 6 court cases on record: 4 filed by Prabhat Holdings, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 2 | 0 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (OSA) | Filed by the company against Thirumagal Enterprise Ltd., and 1 other | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Thirumagal Enterprise Ltd., and 1 other | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by an individual | Disposed |
To see the full case history of Prabhat Holdings Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prabhat Holdings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Prabhat Holdings has 1 subsidiary company. This group structure data is as of FY 2015. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Padmaadevi Sugars Limited | U15421TN1995PLC029913 |
To see the full group structure of Prabhat Holdings Private Limited, buy the company report.
GST
No GST registration is on our record for Prabhat Holdings Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Prabhat Holdings Private Limited has 10 board changes on record since 2015: 3 appointments and 7 cessations. The latest: Dinesh Patel Pushpa ceased to be Additional Director on 30 Sep 2017.
1 earlier event is in the company report.
Frequently asked questions
Prabhat Holdings has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Prabhat Holdings was a private limited company based in Chennai, Tamil Nadu, India. The company worked in financial holding companies, within the financial services industry. It was incorporated on 04 October 2013 and is registered under CIN U74900TN2013PTC093240. The company has been struck off by the Registrar of Companies and is no longer operational.
Prabhat Holdings had 3 directors:
- Dinesh Shivagan Patel - Director
- Hittesh Patel Shivgan - Director
- Dinesh Patel Pushpa - Director
The CIN (Corporate Identification Number) of Prabhat Holdings is U74900TN2013PTC093240. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Prabhat Holdings is at Unit No. 407 Raheja Towers No. 177 4th Floor Anna Salai, Chennai, Tamil Nadu, India – 600002.
Prabhat Holdings was incorporated on 04 October 2013. It is registered with the Registrar of Companies, Chennai.
Prabhat Holdings can be reached through the website prabhatgroup.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Prabhat Holdings on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
Prabhat Holdings operated in the financial services industry, in the financial holding companies segment. It worked in this industry before it was struck off.
Prabhat Holdings has 6 court cases on record: 4 filed by the company and 2 filed against it.