Praise Pharmaceuticals Private Limited - Company Profile

It is a pharma private limited company based in Pune, Maharashtra, India, established in 2019.
2019 Pune, Maharashtra, India Active
Last Updated:
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About Praise Pharmaceuticals Private Limited

Praise Pharmaceuticals Private Limited, a active private limited company, was established on 01 May 2019 in Pune, Maharashtra, India. Engaging in drug formulation & development within the trade sector, it holds CIN: U24304PN2019PTC183868. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹1.00 M.

Employing 77 professional, Its leadership includes Malgiga Jayakumar (Director), Jayakumar Paul (Director). Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Sr No. 222, Hissa No. 6, Dhangarwasti, Mahatma Phule Ngr, Urali Dewachi, Pune, Maharashtra, 412308.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U24304PN2019PTC183868

  • Registration Number

    183868

  • Incorporation Date

    01 May 2019

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹1.00 M

  • ROC Code

    Roc Pune

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 7 Year, 21 Days
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** -11.37%
  • Profit Growth **** -13.15%
  • Ebitda **** 22.85%
  • Net Worth 2.45%
  • Total Assets **** 4.68%
Company report

Praise Pharmaceuticals Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Praise Pharmaceuticals 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 Praise Pharmaceuticals Private Limited?
Current Directors
Name Designation Appointment Date Status
Malgiga Jayakumar Director 01 May 2019 Current
Jayakumar Paul Director 01 May 2019 Current

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Financial Performance of Praise Pharmaceuticals.

Praise Pharmaceuticals Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 11.37% decrease. The company also saw a substantial fall in profitability, with a 13.15% decrease in profit. The company's net worth moved up by a moderate rise of 2.45%.

Praise Pharmaceuticals revenue growth over time
Praise Pharmaceuticals profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 -11.37%
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Revenue from Operations
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Total Assets
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 4.68%
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Profit or Loss
*******
 -13.15%
*******
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*******
*******
Net Worth
*******
 2.45%
*******
*******
*******
*******
EBITDA
*******
 22.85%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Praise Pharmaceuticals?

Unlock access to Praise Pharmaceuticals's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Praise Pharmaceuticals?

Unlock and access historical data on people associated with Praise Pharmaceuticals, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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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.

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Latest Updates, News, and FAQs on Praise Pharmaceuticals
Recent Activity within the Organization
  • Annual General Meeting

    Praise Pharmaceuticals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Praise Pharmaceuticals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune. was recorded as a recent event.

  • Director Appointment

    Progress on Malgiga Jayakumar was appointed as a Director was appointed as a Director on 01 May 2019 & has been associated with this company since 7 years 21 days . was documented.

  • Director Appointment

    Progress on Jayakumar Paul was appointed as a Director was appointed as a Director on 01 May 2019 & has been associated with this company since 7 years 21 days . was documented.

  • Company Incorporation

    Progress on Praise Pharmaceuticals Private Limited was registered on 01 May 2019 with Roc Pune & aged 7 years 21 days as per MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Praise Pharmaceuticals Private Limited?

The CIN of Praise Pharmaceuticals Private Limited is U24304PN2019PTC183868.

Where is Praise Pharmaceuticals Private Limited headquartered?

Praise Pharmaceuticals Private Limited is headquartered at Sr No. 222, Hissa No. 6, Dhangarwasti, Mahatma Phule Ngr, Urali Dewachi, Pune, Maharashtra, 412308.

When was Praise Pharmaceuticals Private Limited incorporated?

Praise Pharmaceuticals Private Limited was incorporated on 01 May 2019.

Who are the current directors of Praise Pharmaceuticals Private Limited?

The current directors of Praise Pharmaceuticals Private Limited are

What is the primary industry of Praise Pharmaceuticals Private Limited?

The primary industry of Praise Pharmaceuticals Private Limited is Trade.

Is Praise Pharmaceuticals Private Limited a listed company?

Praise Pharmaceuticals Private Limited is unlisted.

What is the capital structure of Praise Pharmaceuticals Private Limited?

The authorized capital of Praise Pharmaceuticals Private Limited is ₹1.00 M, and the paid-up capital is ₹1.00 M.

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