About Praxis Corporate Services Private Limited
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Praxis Corporate Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the personal services segment of the professional services sector. It was incorporated on 19 April 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2001PTC131671. Its GSTIN is 27AACCP4105E3ZT (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ajit Gajanan Patekar and Ashutosh Sudarshan Baliarsing.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 2 A Wing Kailash Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹3.28 Lakh, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹5.67 Lakh (net margin -172.6%) and EBITDA of -₹3.24 Lakh (EBITDA margin -98.6%).
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website praxiscorp.in.
Company details
Contact details
Praxis Corporate Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is praxiscorp.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 209 Floor No. 2 A Wing Kailash Business Park Veer Savarkar Marg Vikhr, Oli (W)., Mumbai, Maharashtra, India – 400079
- IndustryProfessional Services, Personal, Scientific, Technical
To see the full contact details of Praxis Corporate Services 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
Financials of Praxis Corporate Services Private Limited
FY 2024 filings availablePraxis Corporate Services Private Limited reported revenue of ₹3.28 Lakh (down 74% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 74% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹3.28 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹3.24 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹5.67 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -98.6% | ||
| Net Profit Margin | -172.6% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Praxis Corporate Services Private Limited, buy the company report.
Board of directors of Praxis Corporate Services Private Limited
Praxis Corporate Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Gajanan Patekar | Director | 19 Apr 2021 | 5 Years 6 Months | Current |
| Ashutosh Sudarshan Baliarsing Also directs: Bes School Mumbai Alumni Association | Director | 19 Apr 2001 | 25 Years 6 Months | Current |
Auditor
Praxis Corporate Services Private Limited is audited by HARISH AGARWAL & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARISH AGARWAL & ASSOCIATES | FY 2017 | 109616 |
Shareholding
The shareholding of Praxis Corporate Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Praxis Corporate Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Praxis Corporate Services Private Limited 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 Praxis Corporate Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Praxis Corporate Services has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCP4105E3ZT | Maharashtra | Active | 08 Dec 2017 |
To see the full GST registrations and return filing status of Praxis Corporate Services Private Limited, buy the company report.
Recent activity
Praxis Corporate Services Private Limited has 5 board changes on record since 2001: 2 appointments and 3 cessations. The latest: Ajit Gajanan Patekar ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Praxis Corporate Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in personal, within the professional services industry. It was incorporated on 19 April 2001 (25+ years old) and is registered under CIN U74999MH2001PTC131671.
Praxis Corporate Services has 2 current directors:
- Ajit Gajanan Patekar - Director
- Ashutosh Sudarshan Baliarsing - Director
The latest financial statements of Praxis Corporate Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Praxis Corporate Services is 27AACCP4105E3ZT, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Praxis Corporate Services is U74999MH2001PTC131671. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Praxis Corporate Services was incorporated on 19 April 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Ajit Gajanan Patekar ceased to be Additional Director on 30 Nov 2021. Ajit Gajanan Patekar was appointed as Director on 19 Apr 2021. Ebby Mathew Murikkattu ceased to be Director on 19 Apr 2021. Praxis Corporate Services has 5 board changes on record in total.
Praxis Corporate Services can be reached through the website praxiscorp.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Praxis Corporate Services is at Office No. 209 Floor No. 2 A Wing Kailash Business Park Veer Savarkar Marg Vikhr, Oli W., Mumbai, Maharashtra, India – 400079.
Praxis Corporate Services operates in the professional services industry, in the personal segment.
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