About Prax Aircon Private Limited
Data last updated:
Prax Aircon Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general purpose and special purpose machinery and equipment segment of the electrical equipment sector. It was incorporated on 03 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29192MH2010PTC202679. Its GSTIN is 27AAFCP4669N1ZO (Maharashtra). The company holds 6 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vijaya Prakashchandra Bobda and Sumesh Prakashchandra Shah.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹89.84 Lakh, a growth of 52% compared to the previous year. For the same year it recorded a net profit of ₹15.55 Lakh (net margin 17.3%) and EBITDA of ₹39.53 Lakh (EBITDA margin 44%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years and 22% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹2.8 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website praxaircon.com.
Company details
Contact details
Prax Aircon Private Limited's registered office is in Mumbai, Maharashtra. Its website is praxaircon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address98 Kalpataru Avenue Opp. Esis Hospital, Akurli Road Kandivali (East), Mumbai, Maharashtra, India – 400101
- IndustryElectrical, General Purpose And Special Purpose Machinery & Equipment, Electrical Equipment, Transport Equipment
To see the full contact details of Prax Aircon 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 activity of Prax Aircon is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of Prax Aircon Private Limited, buy the company report.
Financials of Prax Aircon Private Limited
FY 2023 filings availablePrax Aircon Private Limited reported revenue of ₹89.84 Lakh (up 52% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 52% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 22%. EBITDA rose 55% 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 |
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| EBITDA | ₹39.53 Lakh | ||||
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| Net Profit (PAT) | ₹15.55 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 44% | ||||
| Net Profit Margin | 17.3% | ||||
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To see the full financial statements and ratios of Prax Aircon Private Limited, buy the company report.
Board of directors of Prax Aircon Private Limited
Prax Aircon has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijaya Prakashchandra Bobda | Director | 02 May 2016 | 10 Years 6 Months | Current |
| Sumesh Prakashchandra Shah | Director | 03 May 2010 | 16 Years 6 Months | Current |
Auditor
Prax Aircon Private Limited is audited by VASANI & THAKKAR for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VASANI & THAKKAR | FY 2017 | 111296W |
Shareholding
The shareholding of Prax Aircon 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 Prax Aircon Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Aug 2016 | 100047230 | Others | ₹2.8 Cr | Satisfied |
To see the full charge records of Prax Aircon Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Prax Aircon Private Limited has 3 court cases on record: 3 filed by Prax Aircon. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against M/S. Livewel Beauty Services Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed by the company against Ms.Livewel Beauty Services Pvt.Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Ms.Livewel Beauty Services Pvt.Ltd. | Disposed |
To see the full case history of Prax Aircon 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 Prax Aircon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prax Aircon Private Limited has a workforce of 2 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Prax Aircon has 6 GST registrations: 2 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCP4669N1ZO | Maharashtra | Active | 01 Jul 2017 |
| 03AAFCP4669N2ZX | Punjab | Active | 21 Jul 2017 |
To see the full GST registrations and return filing status of Prax Aircon Private Limited, buy the company report.
Recent activity
Prax Aircon Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Vijaya Prakashchandra Bobda ceased to be Additional Director on 30 Sep 2017.
Frequently asked questions
Prax Aircon is an active private limited company based in Mumbai, Maharashtra, India. The company works in general purpose and special purpose machinery and equipment, within the electrical industry. It was incorporated on 03 May 2010 (16+ years old) and is registered under CIN U29192MH2010PTC202679.
Prax Aircon has 2 current directors:
- Vijaya Prakashchandra Bobda - Director
- Sumesh Prakashchandra Shah - Director
The latest financial statements of Prax Aircon on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Prax Aircon is 27AAFCP4669N1ZO, registered in Maharashtra. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 03AAFCP4669N2ZX (Punjab).
The CIN (Corporate Identification Number) of Prax Aircon is U29192MH2010PTC202679. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prax Aircon has 3 court cases on record: 3 filed by the company.
Prax Aircon was incorporated on 03 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Vijaya Prakashchandra Bobda ceased to be Additional Director on 30 Sep 2017. Prakashchandra Mithalal Bobda ceased to be Director on 25 May 2016. Vijaya Prakashchandra Bobda was appointed as Director on 02 May 2016. Prax Aircon has 4 board changes on record in total.
Prax Aircon can be reached through the website praxaircon.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Prax Aircon is at 98 Kalpataru Avenue Opp. Esis Hospital, Akurli Road Kandivali East, Mumbai, Maharashtra, India – 400101.
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