Practus Advisors Private Limited Company Logo

Practus Advisors Private Limited - Company Profile

It is a business outsourcing private limited company based in Bandra, Maharashtra, India, established in 2007.

2007 | Bandra, Maharashtra, India | Active
Last Updated:

About Practus Advisors Private Limited

Practus Advisors Private Limited, a active private limited company, was established on 28 April 2007 in Bandra, Maharashtra, India. Engaging in business & it consulting within the professional, scientific and technical sector, it holds CIN: U74110MH2007PTC170400. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.00 M and a paid-up capital of ₹1.50 M.

Formerly known as Wealth Tree Advisors Private Limited. It upholds a compliant status. Employing 31 professional, Its leadership includes Deepak Narayanan (Director), Monik Sameer Koticha (Director), Srinivasan Venkataraman (Director). Past directors included Odaiyalur Venkataraman Srinivasan, Sarala Srinivasan. It holds no open charges and ₹1.50 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 512, A Wing, The Capital G- Block, Bandra Kurla Complex,, Behind Icici Bank, Plot- C70, Bandra East,, Bandra, Maharashtra, 400051.

Company Details

  • CIN/LLPIN

    U74110MH2007PTC170400

  • Registration Number

    170400

  • Incorporation Date

    28 April 2007

  • Authorized Capital

    ₹2.00 M

  • Paid-Up Capital

    ₹1.50 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 18 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth -55.25%
  • Profit Growth 364.76%
  • Ebitda -69.23%
  • Net Worth 27.37%
  • Total Assets -20.67%
Company report

Practus Advisors Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Practus Advisors Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Practus Advisors Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Deepak NarayananDirector20 May 2015Current
Monik Sameer KotichaDirector01 Jul 2015Current
Srinivasan VenkataramanDirector28 Apr 2007Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector09 Jun 2015Past
Pramod AbcsddDirector09 Jun 2015Past

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Financial Performance of Practus Advisors.

Practus Advisors Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 55.25% decrease. The company also saw a substantial improvement in profitability, with a 364.76% increase in profit. The company's net worth Soared by an impressive increase of 27.37%.

Practus Advisors revenue growth over time
Practus Advisors profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-55.25%
Revenue from Operations
-56.62%
Total Assets
-20.67%
Profit or Loss
364.76%
Net Worth
27.37%
EBITDA
-69.23%

What is the Ownership and Shareholding Structure of Practus Advisors?

In 2023, Practus Advisors had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹15,000,000.00

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.50 Cr

Latest Charge Details

DateLenderAmountStatus
15 Oct 2019Hdfc Bank Limited₹1.50 CrSatisfied

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How Many Employees Work at Practus Advisors?

Practus Advisors has a workforce of 31 employees as of Oct 19, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Practus Advisors Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Practus Advisors, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Practus Advisors's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Practus Advisors

Recent Activity within the Organization

  • Annual General Meeting

    Practus Advisors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Practus Advisors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was completed.

  • Charges

    A charge registered on 15 Oct 2019 via Charge ID 100304501 with Hdfc Bank Limited was fully satisfied on 07 Jan 2023. was recorded as a recent event.

  • Charges

    The activity A charge with Hdfc Bank Limited of Rs. 15.00 M registered on 15 Oct 2019 with Charge ID 100304501 was modified on 16 Dec 2020. was completed.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 15.00 M with Charge ID 100304501 was registered on 15 Oct 2019. was documented.

  • Director Appointment

    Monik Sameer Koticha was appointed as a Director was appointed as a Director on 01 Jul 2015 & has been associated with this company since 10 years 5 months . was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Practus Advisors Private Limited?

    The CIN of Practus Advisors Private Limited is U74110MH2007PTC170400.

  • Where is Practus Advisors Private Limited headquartered?

    Practus Advisors Private Limited is headquartered at 512, A Wing, The Capital G- Block, Bandra Kurla Complex,, Behind Icici Bank, Plot- C70, Bandra East,, Bandra, Maharashtra, 400051.

  • When was Practus Advisors Private Limited incorporated?

    Practus Advisors Private Limited was incorporated on 28 April 2007.

  • Who are the current directors of Practus Advisors Private Limited?

    The current directors of Practus Advisors Private Limited are

  • What is the primary industry of Practus Advisors Private Limited?

    The primary industry of Practus Advisors Private Limited is Professional, Scientific And Technical.

  • Is Practus Advisors Private Limited a listed company?

    Practus Advisors Private Limited is unlisted.

  • What is the capital structure of Practus Advisors Private Limited?

    The authorized capital of Practus Advisors Private Limited is ₹2.00 M, and the paid-up capital is ₹1.50 M.

  • What is the compliance status of Practus Advisors Private Limited?

    The compliance status of Practus Advisors Private Limited is Compliant.

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