MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-TS-02-0062040
Persistent Insolvency Professionals Private Limited
Persistent Insolvency Professionals Private Limited - business services in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹19.99 Lakh
Latest filing
Net loss · FY 2023
₹10.24 Lakh
Net margin -51.2%
EBITDA · FY 2023
-₹9.98 Lakh
EBITDA margin -49.9%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹13.97 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
9
As per MCA filings
Last financials
Mar 2023
Balance sheet date
About Persistent Insolvency Professionals Private Limited
Data last updated:
Persistent Insolvency Professionals Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the business support services segment of the business services sector. It was incorporated on 14 February 2022.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74995TG2022PTC159734.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹13.97 Lakh. It is led by directors including Uma Garg and Pradeep Kumar Kaushik.
Its last annual general meeting (AGM) was held on 16 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No. 99 Ncl Colony Petbashirabad, Hyderabad, Telangana, India – 500014.
As per the financials filed for FY 2023, the company reported a revenue of ₹19.99 Lakh. For the same year it recorded a net loss of ₹10.24 Lakh (net margin -51.2%) and EBITDA of -₹9.98 Lakh (EBITDA margin -49.9%).
Persistent Insolvency Professionals Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0062040).
Company details
CIN U74995TG2022PTC159734
Registration Number 159734
Incorporation Date 14 February 2022
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 16 December 2023
Date of Balance Sheet 31 March 2023
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0062040
Recognitions & Rankings of Persistent Insolvency Professionals
Contact details
Persistent Insolvency Professionals Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 99 Ncl Colony Petbashirabad, Hyderabad, Telangana, India – 500014
- IndustryBusiness Services, Business Support Services
To see the full contact details of Persistent Insolvency Professionals Private Limited, buy the company report.
Comprehensive company report
Persistent Insolvency Professionals Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Persistent Insolvency Professionals is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Persistent Insolvency Professionals Private Limited, buy the company report.
Financials of Persistent Insolvency Professionals Private Limited
FY 2023 filings availablePersistent Insolvency Professionals Private Limited reported revenue of ₹19.99 Lakh for FY 2023.
Revenue · FY 2023
₹19.99 Lakh
Net loss · FY 2023
₹10.24 Lakh margin -51.2%
EBITDA · FY 2023
-₹9.98 Lakh margin -49.9%
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹19.99 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹9.98 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹10.24 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 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -49.9% | |
| Net Profit Margin | -51.2% | |
| 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 Persistent Insolvency Professionals Private Limited, buy the company report.
Board of directors of Persistent Insolvency Professionals Private Limited
Persistent Insolvency Professionals has 9 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uma Garg Also directs: Ups Insolvency Professionals LLP | Director | 19 Nov 2022 | 3 Years 11 Months | Current |
| Pradeep Kumar Kaushik Also directs: Vox Luris LLP | Director | 29 Jul 2022 | 4 Years 3 Months | Current |
| Rajendra Devidas Puranik | Director | 14 Feb 2022 | 4 Years 8 Months | Current |
| Nand Kishore Singh Also directs: MDCP Financial Restructuring Private Limited | Director | 14 Feb 2022 | 4 Years 8 Months | Current |
| Anoop Prakash Awasthi Also directs: MDCP Financial Restructuring Private Limited | Director | 14 Feb 2022 | 4 Years 8 Months | Current |
| Rehunath Vinod Also directs: MDCP Financial Restructuring Private Limited | Director | 14 Feb 2022 | 4 Years 8 Months | Current |
Showing 6 of 9 current directors. View all directors
Auditor
Persistent Insolvency Professionals Private Limited is audited by G R A D & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G R A D & COMPANY | FY 2023 | 250799 |
Shareholding
The shareholding of Persistent Insolvency Professionals Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Persistent Insolvency Professionals Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Persistent Insolvency Professionals 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 Persistent Insolvency Professionals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Persistent Insolvency Professionals Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
Active EPFO establishments
1
GST
No GST registration is on our record for Persistent Insolvency Professionals Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Persistent Insolvency Professionals Private Limited has 22 board changes on record since 2022: 9 appointments and 13 cessations. The latest: Rachana Agarwal ceased to be Additional Director on 16 Dec 2023.
AGM
Persistent Insolvency Professionals Private Limited last Annual general meeting of members was held on 16 Dec 2023 as per latest MCA records.
Ceased
Rachana Agarwal ceased to be Additional Director.
Ceased
Vimal Kumar ceased to be Additional Director.
Ceased
Paramjeet Singh Sethi ceased to be Additional Director.
Ceased
Prabhu Dayal Parsoya ceased to be Additional Director.
Ceased
Pradeep Kumar Kaushik ceased to be Additional Director.
Ceased
Ratanalal Babulal Goel ceased to be Additional Director.
Ceased
Uma Garg ceased to be Additional Director.
Ceased
Purna Chandra Panigrahi ceased to be Additional Director.
Ceased
Prashant Pradeep Agarwal ceased to be Additional Director.
Ceased
Gorur Sampathiyengar Narasimha Prasad ceased to be Director.
Ceased
Ramana Reddy Malireddy ceased to be Additional Director.
13 earlier events are in the company report.
Frequently asked questions
Persistent Insolvency Professionals is an active private limited company based in Hyderabad, Telangana, India. The company works in business support services, within the business services industry. It was incorporated on 14 February 2022 (4+ years old) and is registered under CIN U74995TG2022PTC159734.
Persistent Insolvency Professionals has 9 current directors:
- Uma Garg - Director
- Pradeep Kumar Kaushik - Director
- Rajendra Devidas Puranik - Director
- Nand Kishore Singh - Director
- Anoop Prakash Awasthi - Director
- Rehunath Vinod - Director
- Paramjeet Singh Sethi - Director
- Ratanalal Babulal Goel - Director
- Prabhu Dayal Parsoya - Director
The latest financial statements of Persistent Insolvency Professionals on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 16 December 2023. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Persistent Insolvency Professionals is U74995TG2022PTC159734. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Persistent Insolvency Professionals was incorporated on 14 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Hyderabad.
Rachana Agarwal ceased to be Additional Director on 16 Dec 2023. Vimal Kumar ceased to be Additional Director on 16 Dec 2023. Paramjeet Singh Sethi ceased to be Additional Director on 15 Dec 2023. Persistent Insolvency Professionals has 22 board changes on record in total.
Yes, Persistent Insolvency Professionals is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0062040).
The registered office of Persistent Insolvency Professionals is at Plot No. 99 Ncl Colony Petbashirabad, Hyderabad, Telangana, India – 500014.
Persistent Insolvency Professionals operates in the business services industry, in the business support services segment.
Persistent Insolvency Professionals can be reached at its registered office: Plot No. 99 Ncl Colony Petbashirabad, Hyderabad, Telangana, India – 500014.
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