About Praella Private Limited
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Praella Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 25 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2019PTC109262. Its GSTIN is 24AAKCP6825D1ZG (Gujarat).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹15 Lakh. It was formerly known as Planetx Technologies Private Limited. It is led by directors including Kevalbhai Balabhai Kankotiya and Ghanshyam Vinubhai Bhanderi.
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 Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.6 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹21.98 Lakh (net margin 1.9%) and EBITDA of ₹69.48 Lakh (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 73% over five years.
The company has about 76 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹75 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website planetx.in.
Company details
Contact details
Praella Private Limited's registered office is in Surat, Gujarat. Its website is planetx.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSy 301 Plot No A3/A4/A5 2nd Floor, Puran Baug Society Katargam Fulpada Road, Surat, Gujarat, India – 395004
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Praella 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 Praella 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 Praella Private Limited, buy the company report.
Financials of Praella Private Limited
FY 2025 filings availablePraella Private Limited reported revenue of ₹11.6 Cr (down 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 73%. EBITDA fell 10% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹69.48 Lakh | ||||
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| Net Profit (PAT) | ₹21.98 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 6% | ||||
| Net Profit Margin | 1.9% | ||||
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To see the full financial statements and ratios of Praella Private Limited, buy the company report.
Board of directors of Praella Private Limited
Praella has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kevalbhai Balabhai Kankotiya | Director | 25 Jul 2019 | 7 Years 3 Months | Current |
| Ghanshyam Vinubhai Bhanderi | Director | 25 Jul 2019 | 7 Years 3 Months | Current |
| Niraj Mansukhbhai Delvadia | Director | 25 Jul 2019 | 7 Years 3 Months | Current |
Peer comparison
Praella Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hand in Hand Consulting Services Private Limited | ₹11.65 Cr (FY 2025) | 106.0% | Kancheepuram, Tamil Nadu, India | |||
| Naksha Tech Private Limited | ₹11.64 Cr (FY 2025) | 51.0% | Bangalore, Karnataka, India | |||
| Caster Projects Private Limited | ₹11.62 Cr (FY 2025) | 17.0% | Raigad, Maharashtra, India | |||
| Praella Private Limitedthis company | ₹11.6 Cr (FY 2025) | ₹21.98 Lakh | 1.9% | -11.0% | 76 | Surat, Gujarat, India |
| BT Data and Surveying Services India Private Limited | ₹11.6 Cr (FY 2025) | 46.0% | New Delhi, Delhi, India | |||
| SPK Power Infra Private Limited | ₹11.6 Cr (FY 2025) | 6.0% | Chennai, Tamil Nadu, India | |||
| GN Services Private Limited | ₹11.6 Cr (FY 2025) | -4.0% | Mohali, Punjab, India | |||
| Ultraiot Systems Private Limited | ₹11.59 Cr (FY 2020) | Chennai, Tamil Nadu, India |
To see the full peer comparison of Praella Private Limited, buy the company report.
Auditor
Praella Private Limited is audited by M K KOTADIYA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M K KOTADIYA & CO | FY 2022 | 143229W |
Shareholding
The shareholding of Praella Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Praella Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2023 | 100811264 | Others | ₹75 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Praella 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 Praella Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Praella Private Limited has a workforce of 76 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Praella has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCP6825D1ZG | Gujarat | Active | 15 Oct 2019 |
To see the full GST registrations and return filing status of Praella Private Limited, buy the company report.
Recent activity
Praella Private Limited has 5 board changes on record since 2019: 4 appointments and 1 cessation. The latest: Chirag Vinubhai Desai ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Praella is an active private limited company based in Surat, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 25 July 2019 (7+ years old) and is registered under CIN U72900GJ2019PTC109262.
Praella has 3 current directors:
- Kevalbhai Balabhai Kankotiya - Director
- Ghanshyam Vinubhai Bhanderi - Director
- Niraj Mansukhbhai Delvadia - Director
The latest financial statements of Praella 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 FY 2020 are in the company report.
The GSTIN of Praella is 24AAKCP6825D1ZG, registered in Gujarat.
The CIN (Corporate Identification Number) of Praella is U72900GJ2019PTC109262. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Praella was incorporated on 25 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Praella by revenue are Hand in Hand Consulting Services Private Limited, Naksha Tech Private Limited, Caster Projects Private Limited, BT Data and Surveying Services India Private Limited, SPK Power Infra Private Limited and 2 more, all in the same principal business activity (other professional, scientific and technical activities).
Chirag Vinubhai Desai ceased to be Additional Director on 29 Sep 2023. Chirag Vinubhai Desai was appointed as Director on 12 Jul 2023. Ghanshyam Vinubhai Bhanderi was appointed as Director on 25 Jul 2019. Praella has 5 board changes on record in total.
Praella can be reached through the website planetx.in. Its registered office is in Surat, Gujarat, India.
The registered office of Praella is at Sy 301 Plot No A3A4A5 2nd Floor, Puran Baug Society Katargam Fulpada Road, Surat, Gujarat, India – 395004.
Praella operates in the information technology industry, in the application development and software solutions segment.