About Choices Prosperity Solutions India Private Limited
Data last updated:
Choices Prosperity Solutions India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 07 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2010PTC210692. Its GSTIN is 27AAECC2225N1ZM (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.82 Lakh. It is led by directors Marlys Gladen Boehm and Ronald Boehm James.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Office No.706 7th Floor 13/14 Jai Antariksh Andheri Kurla Road, Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2019, the company reported a revenue of ₹54.44 Lakh, a growth of 123% compared to the previous year. For the same year it recorded a net loss of ₹3.04 Cr and EBITDA of -₹2.81 Cr. Revenue has grown at a compounded annual rate (CAGR) of 93% over three years.
The company has about 28 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Desta Global. As per MCA filings, the company has satisfied charges of ₹1 Cr on record. The company has 49 deals on record (42 rights issues, 5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹3.93 Cr; the latest was in July 2020.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website destaglobal.com.
Company details
Contact details
Choices Prosperity Solutions India Private Limited's registered office is in Mumbai, Maharashtra. Its website is destaglobal.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressOffice No.706 7th Floor 13/14 Jai Antariksh Andheri Kurla Road, Mumbai, Maharashtra, India – 400059
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Choices Prosperity Solutions 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
Choices Prosperity Solutions India operates one associated brand: Desta Global. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Platform manufactures soil enhancement and crop protection stimuants | destaglobal.com |
Business activity
The main business activity of Choices Prosperity Solutions India is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting |
To see the full business activity and turnover split of Choices Prosperity Solutions India Private Limited, buy the company report.
Financials of Choices Prosperity Solutions India Private Limited
FY 2019 filings availableChoices Prosperity Solutions India Private Limited reported revenue of ₹54.44 Lakh (up 123% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 93% over three years, including 123% growth in the latest year. EBITDA rose 2% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.81 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.04 Cr | ||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Choices Prosperity Solutions India Private Limited, buy the company report.
Board of directors of Choices Prosperity Solutions India Private Limited
Choices Prosperity Solutions India has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Marlys Gladen Boehm | Director | 28 May 2012 | 14 Years 5 Months | Current |
| Ronald Boehm James | Director | 07 Dec 2010 | 15 Years 10 Months | Current |
Shareholding
The shareholding of Choices Prosperity Solutions India Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Choices Prosperity Solutions India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jan 2013 | 10407470 | Yes Bank Limited | ₹1 Cr | Satisfied |
To see the full charge records of Choices Prosperity Solutions India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Choices Prosperity Solutions India Private Limited has 49 deals on record (42 rights issues, 5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹3.93 Cr; the latest was in July 2020.
Deals on record (5 of 49)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2020 | Rights issue | ₹25.4 Lakh | Investors: an individual |
| Apr 2020 | Rights issue | ₹26.4 Lakh | Investors: an individual |
| Mar 2020 | Rights issue | ₹57 Lakh | Investors: an individual |
| Jan 2020 | Rights issue | ₹30.5 Lakh | Investors: an individual |
| Jan 2020 | Rights issue | ₹30.6 Lakh | Investors: an individual |
To see the full deal history of Choices Prosperity Solutions India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Choices Prosperity Solutions India 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 Choices Prosperity Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Choices Prosperity Solutions India Private Limited has a workforce of 28 employees on its EPFO records as of Mar 24, 2024, across 1 active EPFO establishment.
GST
Choices Prosperity Solutions India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECC2225N1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Choices Prosperity Solutions India Private Limited, buy the company report.
Recent activity
Choices Prosperity Solutions India Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Siddhartha Choudhary ceased to be Director on 27 Apr 2020.
1 earlier event is in the company report.
Frequently asked questions
Choices Prosperity Solutions India is an active private limited company based in Mumbai, Maharashtra, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 07 December 2010 (16+ years old) and is registered under CIN U74900MH2010PTC210692.
Choices Prosperity Solutions India has 2 current directors:
- Marlys Gladen Boehm - Director
- Ronald Boehm James - Director
The latest financial statements of Choices Prosperity Solutions India on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Choices Prosperity Solutions India is 27AAECC2225N1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Choices Prosperity Solutions India is U74900MH2010PTC210692. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Choices Prosperity Solutions India was incorporated on 07 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Choices Prosperity Solutions India has 49 deals on record (42 rights issues, 5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹3.93 Cr; the latest was in July 2020.
Siddhartha Choudhary ceased to be Director on 27 Apr 2020. Noory Rama Gaonkar ceased to be Director on 30 Nov 2017. Mohnish Sharma ceased to be Managing Director on 09 Apr 2017. Choices Prosperity Solutions India has 8 board changes on record in total.
Choices Prosperity Solutions India can be reached through the website destaglobal.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Choices Prosperity Solutions India is at Office No.706 7th Floor 1314 Jai Antariksh Andheri Kurla Road, Mumbai, Maharashtra, India – 400059.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
