About Praine Instruments India Private Limited
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Praine Instruments India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Verola Srl. It operates in the retail trading segment of the trading and commerce sector. It was incorporated on 19 August 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2010FTC206764. Its GSTIN is 27AADCD5655J1ZE (Maharashtra).
The company has an authorised share capital of ₹2.31 Cr and a paid-up capital of ₹2.31 Cr. It was formerly known as Dani Instruments India Private Limited. It is led by directors including Abdul Wahid Bhat (Whole-Time Director) and Massimiliano Saini Fasanotti.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.31 Lakh, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹75,516 (net margin 57.7%) and EBITDA of ₹75,516 (EBITDA margin 57.7%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years and 50% over five years.
The company is associated with 1 brand: DANI Instruments. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dani-instruments.com.
Company details
Contact details
Praine Instruments India Private Limited's registered office is in Mumbai, Maharashtra. Its website is dani-instruments.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRegus Business Centre Kolkatta Pvt. Ltd. Plot C 59 9th Flr Platina G Block Bandra Kurla, Complex, Mumbai, Maharashtra, India – 400052
- IndustryTrading, Retail Trading, Retailers
To see the full contact details of Praine Instruments India 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
Brands
Praine Instruments India operates one associated brand: DANI Instruments. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Gas chromatography and analytical instruments are manufactured by DANI Instruments. | dani-instruments.com |
Financials of Praine Instruments India Private Limited
FY 2022 filings availablePraine Instruments India Private Limited reported revenue of ₹1.31 Lakh (down 16% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 50% over five years, including a 16% fall in the latest year. EBITDA rose 327% 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
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| EBITDA | ₹75,516 | ||||
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| Net Profit (PAT) | ₹75,516 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 57.7% | ||||
| Net Profit Margin | 57.7% | ||||
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To see the full financial statements and ratios of Praine Instruments India Private Limited, buy the company report.
Board of directors of Praine Instruments India Private Limited
Praine Instruments India has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Massimiliano Saini Fasanotti | Director | 19 Aug 2010 | 16 Years 2 Months | Current |
| Abdul Wahid Bhat | Whole-Time Director | 07 Nov 2011 | 14 Years 11 Months | Current |
| Manisha Amit Sawant | Director | 20 Sep 2018 | 8 Years 1 Months | Current |
Auditor
Praine Instruments India Private Limited is audited by MEHTA CHOKSHI & SHAH for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHTA CHOKSHI & SHAH | FY 2021 | 106201W |
Shareholding
The shareholding of Praine Instruments India Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Praine Instruments India Private Limited, buy the company report.
Legal cases
Praine Instruments India Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tinsukia, Assam | Civil suit | Filed against the company by M/S Envirocon | Disposed |
To see the full case history of Praine Instruments India 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 Praine Instruments India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Praine Instruments India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCD5655J1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Praine Instruments India Private Limited, buy the company report.
Recent activity
Praine Instruments India Private Limited has 6 board changes on record since 2010: 3 appointments and 3 cessations. The latest: Manisha Amit Sawant ceased to be Additional Director on 29 Sep 2018.
Frequently asked questions
Praine Instruments India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in retail trading, within the trading industry. It was incorporated on 19 August 2010 (16+ years old) and is registered under CIN U74120MH2010FTC206764.
Praine Instruments India has 3 current directors:
- Abdul Wahid Bhat - Whole-Time Director
- Massimiliano Saini Fasanotti - Director
- Manisha Amit Sawant - Director
The latest financial statements of Praine Instruments India on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Praine Instruments India is 27AADCD5655J1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Praine Instruments India is U74120MH2010FTC206764. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Praine Instruments India has 1 court case on record: 1 filed against it.
Praine Instruments India was incorporated on 19 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Manisha Amit Sawant ceased to be Additional Director on 29 Sep 2018. Manisha Amit Sawant was appointed as Director on 20 Sep 2018. Abhishek Som ceased to be Director on 12 Apr 2017. Praine Instruments India has 6 board changes on record in total.
Praine Instruments India can be reached through the website dani-instruments.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Praine Instruments India is at Regus Business Centre Kolkatta Pvt. Ltd. Plot C 59 9th Flr Platina G Block Bandra Kurla, Complex, Mumbai, Maharashtra, India – 400052.