
About Prachin Innovative Technologies Private Limited
Data last updated:
Prachin Innovative Technologies Private Limited is a private limited company based in Panvel, Maharashtra, India. It operates in the research and development sector. It was incorporated on 21 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93000MH2008PTC178043.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Prachin Research & Development Private Limited. It is led by directors including Chetan Palemar Ratnakar and Pranav Rajesh Dake.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 1 Ashoka Gardens Mahatma Phule Road, Panvel, Maharashtra, India – 410206.
Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prachingroup.com.
Company details
Name history
Prachin Innovative Technologies has undergone 3 name changes throughout its history. The company was previously known as Prachin Research & Development Private Limited, Prachin Innovative Technologies Private Limited, and Prachin Technologies Private Limited. The current legal name is Prachin Innovative Technologies Private Limited.
| Company Name | Status |
|---|---|
| Prachin Innovative Technologies Private Limited | Current |
| Prachin Research & Development Private Limited | Previous |
| Prachin Technologies Private Limited | Previous |
CIN history
Prachin Innovative Technologies has one previous CIN (Corporate Identification Number): U73100MH2008PTC178043. The current CIN is U93000MH2008PTC178043, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93000MH2008PTC178043 | Current |
| U73100MH2008PTC178043 | Previous |
Contact details
Prachin Innovative Technologies Private Limited's registered office is in Panvel, Maharashtra. Its website is prachingroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 1 Ashoka Gardens Mahatma Phule Road, Panvel, Maharashtra, India – 410206
- IndustryResearch & Development, Research & Development
To see the full contact details of Prachin Innovative Technologies 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 Prachin Innovative Technologies Private Limited
FY 2025 filings availableFinancial Statement Summary
| Metrics | 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 | |||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | |||
| 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 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 Prachin Innovative Technologies Private Limited, buy the company report.
Board of directors of Prachin Innovative Technologies Private Limited
Prachin Innovative Technologies has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetan Palemar Ratnakar Also directs: Prachin Food and Beverages Private Limited, Prachin Kitchens Private Limited, Chandrak Alternate Energy Private Limited and 5 more | Director | 24 Sep 2019 | 7 Years 0 Months | Current |
| Pranav Rajesh Dake Also directs: Prachin Food and Beverages Private Limited, Prachin Kitchens Private Limited, Chandrak Alternate Energy Private Limited and 5 more | Director | 20 Aug 2019 | 7 Years 2 Months | Current |
| Hemant Ramchandra Dake Also directs: Prachin Industrial and Technology Park LLP, Prachin Infra World LLP, Prachin Realty World LLP and 5 more | Additional Director | 05 Jul 2025 | 1 Years 3 Months | Current |
| Rajesh Ramchandra Dake Also directs: Prachin Industrial and Technology Park LLP, Prachin Infra World LLP, Prachin Realty World LLP and 5 more | Director | 08 Jan 2021 | 5 Years 9 Months | Current |
Auditor
Prachin Innovative Technologies Private Limited is audited by KETAN SANGHOI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KETAN SANGHOI & ASSOCIATES | FY 2017 | 120246 |
Shareholding
The shareholding of Prachin Innovative Technologies 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 Prachin Innovative Technologies Private Limited, buy the company report.
Legal cases
Prachin Innovative Technologies Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raigad, Maharashtra | Court case (M.C.A.) | Filed against the company by an individual | Pending |
| District court, Raigad, Maharashtra | Court case (Civil M.A.) | Filed against the company by an individual | Disposed |
To see the full case history of Prachin Innovative Technologies 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 Prachin Innovative Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Prachin Innovative Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Prachin Innovative Technologies Private Limited has 9 board changes on record since 2015: 4 appointments and 5 cessations. The latest: Hemant Ramchandra Dake was appointed as Additional Director on 05 Jul 2025.
Frequently asked questions
Prachin Innovative Technologies is an active private limited company based in Panvel, Maharashtra, India. The company works in the research and development industry. It was incorporated on 21 January 2008 (18+ years old) and is registered under CIN U93000MH2008PTC178043.
Prachin Innovative Technologies has 4 current directors:
- Chetan Palemar Ratnakar - Director
- Pranav Rajesh Dake - Director
- Hemant Ramchandra Dake - Additional Director
- Rajesh Ramchandra Dake - Director
The latest financial statements of Prachin Innovative Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Prachin Innovative Technologies is U93000MH2008PTC178043. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prachin Innovative Technologies has 2 court cases on record: 2 filed against it. 1 is pending.
Prachin Innovative Technologies was incorporated on 21 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Hemant Ramchandra Dake was appointed as Additional Director on 05 Jul 2025. Rajesh Ramchandra Dake was appointed as Director on 08 Jan 2021. Chetan Palemar Ratnakar was appointed as Director on 24 Sep 2019. Prachin Innovative Technologies has 9 board changes on record in total.
Prachin Innovative Technologies can be reached through the website prachingroup.com. Its registered office is in Panvel, Maharashtra, India.
The registered office of Prachin Innovative Technologies is at B – 1 Ashoka Gardens Mahatma Phule Road, Panvel, Maharashtra, India – 410206.
Prachin Innovative Technologies operates in the research and development industry.