Praadis Apparels Private Limited
About Praadis Apparels Private Limited
Data last updated:
Praadis Apparels Private Limited was a private limited company based in Bhopal, Madhya Pradesh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 14 August 2017.
The company was registered with the Registrar of Companies (ROC), Gwalior, under CIN U17309MP2017PTC043936. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Prashant J Bhatia and Aditi Bhatia Prashant.
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 was at Bhopal, Madhya Pradesh.
As per the financials filed for FY 2023, the company reported a revenue of ₹5.91 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹12,511 (net margin 2.1%) and EBITDA of ₹2.46 Lakh (EBITDA margin 41.7%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years.
Company details
Contact details
Praadis Apparels Private Limited's registered office is in Bhopal, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice – 602 Part – D 6th Floor Commercial Zone Aashima Mall Hoshangab, Ad Road, Bhopal, Madhya Pradesh, India – 462026
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Praadis Apparels 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
Financials of Praadis Apparels Private Limited
FY 2024 filings availablePraadis Apparels Private Limited reported revenue of ₹5.91 Lakh (up 305% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over three years, including 305% growth in the latest year. EBITDA rose 133% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹5.91 Lakh | ||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.46 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12,511 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 41.7% | ||||
| Net Profit Margin | 2.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Praadis Apparels Private Limited, buy the company report.
Board of directors of Praadis Apparels Private Limited
Praadis Apparels has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant J Bhatia | Director | 14 Aug 2017 | 9 Years 2 Months | As last reported |
| Aditi Bhatia Prashant | Director | 14 Aug 2017 | 9 Years 2 Months | As last reported |
Auditor
Praadis Apparels Private Limited is audited by S. MEGHANI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. MEGHANI & ASSOCIATES | FY 2023 | 016455C |
Shareholding
The shareholding of Praadis Apparels Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Praadis Apparels Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Praadis Apparels 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 Praadis Apparels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Praadis Apparels has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Praadis Apparels Private Limited, buy the company report.
Recent activity
Praadis Apparels Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Chandrakant Tiwari ceased to be Director on 19 Jan 2018.
Frequently asked questions
Praadis Apparels has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Praadis Apparels was a private limited company based in Bhopal, Madhya Pradesh, India. The company worked in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 14 August 2017 and is registered under CIN U17309MP2017PTC043936. The company has been struck off by the Registrar of Companies and is no longer operational.
Praadis Apparels had 2 directors:
- Prashant J Bhatia - Director
- Aditi Bhatia Prashant - Director
The CIN (Corporate Identification Number) of Praadis Apparels is U17309MP2017PTC043936. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Praadis Apparels is at Office – 602 Part – D 6th Floor Commercial Zone Aashima Mall Hoshangab, Ad Road, Bhopal, Madhya Pradesh, India – 462026.
Praadis Apparels was incorporated on 14 August 2017. It is registered with the Registrar of Companies, Gwalior.
The latest financial statements of Praadis Apparels 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 FY 2018 are in the company report.
No. Praadis Apparels has 1 GST registration on record and it is cancelled or inactive.
Praadis Apparels operated in the machinery and equipment industry, in the industrial machinery retail and distribution segment. It worked in this industry before it was struck off.
Chandrakant Tiwari ceased to be Director on 19 Jan 2018. Aditi Bhatia Prashant was appointed as Director on 14 Aug 2017. Prashant J Bhatia was appointed as Director on 14 Aug 2017.