Prasad Technology Park Private Limited
About Prasad Technology Park Private Limited
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Prasad Technology Park Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 05 May 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51311KA1995PTC017765. Its GSTIN is 29AAACP8351J1Z2 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹27.02 Lakh. It was formerly known as Prasad Garments Private Limited. It is led by directors Prasad Siddaramanna (Managing Director) and Mahadevi Prasad.
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 #2/10 3rd Floor 80 Feet Road Poojari Layout Rmv 2nd Stage, Bangalore, Karnataka, India – 560094.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.53 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹1.91 Cr (net margin -42.1%) and EBITDA of ₹36.37 Lakh (EBITDA margin 8%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years.
As per MCA filings, the company has open charges of ₹1.5 Cr and satisfied charges of ₹16.5 Cr on record. Court records list 12 cases involving the company, including 8 filed by the company and 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Prasad Technology Park Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address#2/10 3rd Floor 80 Feet Road Poojari Layout Rmv 2nd Stage, Bangalore, Karnataka, India – 560094
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Prasad Technology Park 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
Business activity
The main business activities of Prasad Technology Park are professional, scientific and technical activities and real estate activities. In detail, this covers other professional, scientific and technical activities and real estate activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities | |
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Prasad Technology Park Private Limited, buy the company report.
Financials of Prasad Technology Park Private Limited
FY 2024 filings availablePrasad Technology Park Private Limited reported revenue of ₹4.53 Cr (down 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over three years, including a 36% fall in the latest year. EBITDA fell 85% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹36.37 Lakh | ||||
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| Net Profit (PAT) | -₹1.91 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 8% | ||||
| Net Profit Margin | -42.1% | ||||
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To see the full financial statements and ratios of Prasad Technology Park Private Limited, buy the company report.
Board of directors of Prasad Technology Park Private Limited
Prasad Technology Park has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasad Siddaramanna | Managing Director | 05 May 1995 | 31 Years 6 Months | Current |
| Mahadevi Prasad | Director | 05 May 1995 | 31 Years 6 Months | Current |
Auditor
Prasad Technology Park Private Limited is audited by MANOHARMK for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOHARMK | FY 2022 | 029811 |
Shareholding
The shareholding of Prasad Technology Park Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Prasad Technology Park Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2007 | 10062115 | Hdfc Bank Limited | ₹1.5 Cr | Open | |
| 13 Apr 2005 | 80034500 | Hdfc Bank Limited | ₹16.5 Cr | Satisfied |
To see the full charge records of Prasad Technology Park Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Prasad Technology Park Private Limited has 12 court cases on record: 8 filed by Prasad Technology Park, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 4 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against M/S Wind World (India) Limited and 1 other | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against The Karnataka Power Transmission Corporation Ltd | Disposed |
| High Court | Court case (RP) | Filed against the company by The PR. Commissioner of Income Tax and 1 other | Disposed |
| High Court of Karnataka | Tax appeal | Filed against the company by PR Commissioner of Income Tax | Disposed |
| High Court of Karnataka | Tax appeal | Filed against the company by Commissioner of Income Tax | Disposed |
To see the full case history of Prasad Technology Park 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 Prasad Technology Park Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prasad Technology Park has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACP8351J1Z2 | Karnataka | Active | 01 Jul 2017 |
| 29AAHCP0540N1Z4 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prasad Technology Park Private Limited, buy the company report.
Recent activity
Prasad Technology Park Private Limited has 2 board changes on record since 1995: 2 appointments. The latest: Mahadevi Prasad was appointed as Director on 05 May 1995.
Frequently asked questions
Prasad Technology Park is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate financing, within the financial services industry. It was incorporated on 05 May 1995 (31+ years old) and is registered under CIN U51311KA1995PTC017765.
Prasad Technology Park has 2 current directors:
- Prasad Siddaramanna - Managing Director
- Mahadevi Prasad - Director
The latest financial statements of Prasad Technology Park 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 Prasad Technology Park is 29AAACP8351J1Z2, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAHCP0540N1Z4 (Karnataka).
The CIN (Corporate Identification Number) of Prasad Technology Park is U51311KA1995PTC017765. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prasad Technology Park has 12 court cases on record: 8 filed by the company and 4 filed against it. Most are in the high courts.
Prasad Technology Park was incorporated on 05 May 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
Mahadevi Prasad was appointed as Director on 05 May 1995. Prasad Siddaramanna was appointed as Managing Director on 05 May 1995.
The registered office of Prasad Technology Park is at #210 3rd Floor 80 Feet Road Poojari Layout Rmv 2nd Stage, Bangalore, Karnataka, India – 560094.
Prasad Technology Park operates in the financial services industry, in the real estate financing segment.
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