Praise Co Pvt Ltd
About Praise Co Pvt Ltd
Data last updated:
Praise Co Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 17 July 1923 and has been in existence for over 103 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74110WB1923PTC004723. Its GSTIN is 19AABCP8263A1ZI (West Bengal).
The company has an authorised share capital of ₹77.75 Lakh and a paid-up capital of ₹58.31 Lakh. It is led by directors Hariharasubramanian Venkadakrishnan and Anirban Laskar.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2023, the company reported a revenue of ₹38.93 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹67.55 Lakh (net margin -173.5%) and EBITDA of -₹29.51 Lakh (EBITDA margin -75.8%). Revenue has declined at a compounded annual rate (CAGR) of 58% over three years and 32% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Praise Co has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110WB1923PTC004723, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110WB1923PTC004723 | Current |
| U99999WB1923PTC004723 | Previous |
| U65993WB1923PTC004723 | Previous |
Contact details
Praise Co Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address23 Madgul Lounge 4th Floor, Chetla Central Road, Kolkata, West Bengal, India – 700027
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Praise Co Pvt Ltd, 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
Financials of Praise Co Pvt Ltd
FY 2025 filings availablePraise Co Pvt Ltd reported revenue of ₹38.93 Lakh (down 94% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 94% fall 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹38.93 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹29.51 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹67.55 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -75.8% | ||||
| Net Profit Margin | -173.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Praise Co Pvt Ltd, buy the company report.
Board of directors of Praise Co Pvt Ltd
Praise Co has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hariharasubramanian Venkadakrishnan Also directs: Dhanoday Niryat Pvt. Ltd., Super Combines & Business Private Limited, Martel Distributors Pvt.Ltd. and 3 more | Director | 28 Aug 2023 | 3 Years 1 Months | Current |
| Anirban Laskar Also directs: Dhanoday Niryat Pvt. Ltd., Super Combines & Business Private Limited, Martel Distributors Pvt.Ltd. and 3 more | Director | 12 Jul 2023 | 3 Years 3 Months | Current |
Auditor
Praise Co Pvt Ltd is audited by MANAV & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANAV & CO | FY 2023 | 325904E |
Shareholding
The shareholding of Praise Co Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Praise Co Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Praise Co Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Praise Co Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Praise Co has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Praise Co has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCP8263A1ZI | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Praise Co Pvt Ltd, buy the company report.
Recent activity
Praise Co Pvt Ltd has 7 board changes on record since 2023: 2 appointments and 5 cessations. The latest: Anirban Laskar ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Praise Co is an active private limited company based in Kolkata, West Bengal, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 17 July 1923 (103+ years old) and is registered under CIN U74110WB1923PTC004723.
Praise Co has 2 current directors:
- Hariharasubramanian Venkadakrishnan - Director
- Anirban Laskar - Director
The latest financial statements of Praise Co on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Praise Co is 19AABCP8263A1ZI, registered in West Bengal.
The CIN (Corporate Identification Number) of Praise Co is U74110WB1923PTC004723. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Praise Co was incorporated on 17 July 1923, making it 103+ years old. It is registered with the Registrar of Companies, Kolkata.
Anirban Laskar ceased to be Additional Director on 29 Sep 2023. Hariharasubramanian Venkadakrishnan ceased to be Additional Director on 29 Sep 2023. Hariharasubramanian Venkadakrishnan was appointed as Director on 28 Aug 2023. Praise Co has 7 board changes on record in total.
The registered office of Praise Co is at 23 Madgul Lounge 4th Floor, Chetla Central Road, Kolkata, West Bengal, India – 700027.
Praise Co operates in the business outsourcing industry, in the business and IT consulting segment.
The compliance status of Praise Co is compliant as of 27 September 2026. The company is actively filing with the Registrar of Companies.