About Prachi Enterprises
Prachi Enterprises is a Telecommunications company based in Meerut (India) founded in 2019. It provides telecom implementation, infrastructure rollout, and managed services. It operates on a B2B model. Its Indian entity Prachi Enterprises Pvt Ltd reported revenue of ₹14 Lakh. Its focus areas include Infrastructure, Implementation Solutions and Managed Services. Its competitors include Jio and Airtel; 1 of its 2 listed competitors has raised funding.
Company details
Prachi Enterprises provides telecom implementation, infrastructure rollout, and managed services, focusing on providing telecom services, infrastructure, implementation solutions, and managed services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Meerut, India
- SectorsTelecommunications
- Website prachienterprisesco.com
- Legal Name Prachi Enterprises Pvt Ltd
- Date of Incorporation 08 Oct, 1985
- Jurisdiction Kolkata, West Bengal, India
- Annual Revenue₹14 Lakh
FY 2023 · -29% YoY
- Net Profit₹86.1 Lakh
FY 2023 · 3% margin
- EBITDA₹1.12 Cr
FY 2023 · 4% margin
Associated legal entities of Prachi Enterprises
Prachi Enterprises operates through Prachi Enterprises Pvt Ltd (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Prachi Enterprises Pvt Ltd CIN U51226WB1985PTC039605 | Amalgamated | 08 Oct 1985 | Kolkata, West Bengal | ₹0.1 Cr | 7 | 2 | View details |
Board of directors of Prachi Enterprises Pvt Ltd (Prachi Enterprises)
Prachi Enterprises Pvt Ltd is the primary company behind Prachi Enterprises. The board of Prachi Enterprises Pvt Ltd currently have 2 directors; the longest-serving is Prakash Gupta, appointed in 1985. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prakash Gupta DIN 00613959 | Director appointed in casual vacancy | 08 Oct 1985 | 41 yrs | Prachi Enterprises Pvt Ltd |
| Vivek Gupta DIN 01020391 | Director | 07 Oct 2021 | 5 yrs | Prachi Enterprises Pvt Ltd |
Financials of Prachi Enterprises
Figures of Prachi Enterprises Pvt Ltd, the primary company behind Prachi Enterprises, for FY 2023. Revenue was ₹14 Lakh (-29% year on year). Net profit was ₹86.1 Lakh (3% margin). EBITDA was ₹1.12 Cr (4% margin). Revenue has grown at a compounded annual rate of +83% over three years and +12% over five years.
- ₹14 LakhRevenue · FY 2023 · -29% YoY
- ₹86.1 LakhNet profit · 3% margin
- ₹1.12 CrEBITDA · 4% margin
- ₹5.1 LakhPaid-up capital
- 7Employees (provident fund records)
- +83%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Prachi Enterprises Pvt Ltd are on its company page.
Detailed financial statements for Prachi Enterprises
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Competitors of Prachi Enterprises
Prachi Enterprises has 2 listed competitors in our database, 1 of them funded. They include Jio and Airtel.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| jio.com | 2010 | Navi Mumbai, India | $20.11B | 63,923 | Provider of telecommunication services | |
| airtel.in | 1995 | Gurugram, India | Airtel is recognized as a provider of telecommunications and internet services. |
Detailed competitors of Prachi Enterprises
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Frequently Asked Questions about Prachi Enterprises
Prachi Enterprises was founded in 2019.
Prachi Enterprises is headquartered in Meerut, India. It is registered at Meerut, Uttar Pradesh, India.
The primary company behind Prachi Enterprises, Prachi Enterprises Pvt Ltd, reported revenue of ₹14 Lakh for FY 2023, down 29% year on year.
Prachi Enterprises provides telecom implementation, infrastructure rollout, and managed services, focusing on providing telecom services, infrastructure, implementation solutions, and managed services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
Prachi Enterprises operates through Prachi Enterprises Pvt Ltd.
The legal entities of Prachi Enterprises currently have 2 directors, including Vivek Gupta, Prakash Gupta.