About Prag Itech Private Limited
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Prag Itech Private Limited was a private limited company based in Chennai, Tamil Nadu, 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 IT consulting and support services segment of the technology and IT services sector. It was incorporated on 22 November 2012.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2012PTC088616. Its GSTIN is 33AAGCP9423M1Z2 (Tamil Nadu).
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It was led by directors Rajeswari Rangaraju and Rangaraju Ramasamy.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Plot.No:7 2nd Cross Street Karthikeyapuram Madipakkam, Chennai, Tamil Nadu, India – 600091.
As per the financials filed for FY 2020, the company reported a revenue of ₹33.94 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹3.51 Lakh (net margin 10.4%) and EBITDA of ₹3.87 Lakh (EBITDA margin 11.4%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 7% over five years.
The company had about 4 employees on its provident fund (EPFO) records before it was struck off.
The company was associated with 1 brand: Prag ITech.
The last known website on record is pragitech.com.
Company details
Contact details
Prag Itech Private Limited's registered office is in Chennai, Tamil Nadu. Its website is pragitech.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressPlot.No:7 2nd Cross Street Karthikeyapuram Madipakkam, Chennai, Tamil Nadu, India – 600091
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Prag Itech 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
Brands
Prag Itech operates one associated brand: Prag ITech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides a comprehensive suite of IT services to support daily business operations. | pragitech.com |
Financials of Prag Itech Private Limited
FY 2023 filings availablePrag Itech Private Limited reported revenue of ₹33.94 Lakh (up 1% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹33.94 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.87 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.51 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
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| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.4% | ||||
| Net Profit Margin | 10.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Prag Itech Private Limited, buy the company report.
Board of directors of Prag Itech Private Limited
Prag Itech has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeswari Rangaraju | Director | 28 Mar 2023 | 3 Years 7 Months | As last reported |
| Rangaraju Ramasamy | Director | 28 Mar 2023 | 3 Years 7 Months | As last reported |
Auditor
Prag Itech Private Limited is audited by T K THANTHONI AND R RAMESH for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T K THANTHONI AND R RAMESH | FY 2019 | 010105S |
Shareholding
The shareholding of Prag Itech Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Prag Itech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Prag Itech 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 Prag Itech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prag Itech Private Limited has a workforce of 4 employees on its EPFO records as of Dec 2020, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2020-21 | 4 |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Prag Itech Private Limited, buy the company report.
GST
Prag Itech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCP9423M1Z2 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prag Itech Private Limited, buy the company report.
Recent activity
Prag Itech Private Limited has 7 board changes on record since 2016: 2 appointments and 5 cessations. The latest: Balaji Harinathan ceased to be Director on 28 Mar 2023.
Frequently asked questions
Prag Itech 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.
Prag Itech was a private limited company based in Chennai, Tamil Nadu, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 22 November 2012 and is registered under CIN U72900TN2012PTC088616. The company has been struck off by the Registrar of Companies and is no longer operational.
Prag Itech had 2 directors:
- Rajeswari Rangaraju - Director
- Rangaraju Ramasamy - Director
The CIN (Corporate Identification Number) of Prag Itech is U72900TN2012PTC088616. 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 Prag Itech is at Plot.No:7 2nd Cross Street Karthikeyapuram Madipakkam, Chennai, Tamil Nadu, India – 600091.
Prag Itech was incorporated on 22 November 2012. It is registered with the Registrar of Companies, Chennai.
Prag Itech can be reached through the website pragitech.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Prag Itech on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Prag Itech is 33AAGCP9423M1Z2, registered in Tamil Nadu.
Prag Itech operated in the information technology industry, in the IT consulting and support services segment. It worked in this industry before it was struck off.
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