About Praj Hipurity Systems Limited
Data last updated: 24 December 2025
Praj Hipurity Systems Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Praj Industries Ltd.. It specialises in water treatment, a part of the broader environmental services sector. Incorporated on 22 October 2007, the company has been in operation for over 19 years.
Registered with ROC Mumbai under CIN U41000MH2007PLC175261.
Capital: an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. Formerly known as Neela Systems Limited. It is led by directors including Sandeep Rajnikant Mehta and Pramod Madhukar Chaudhari.
Last AGM: 06 August 2025. Financial statements filed for year ended 31 March 2025. Office: Unit 1604 Dlh Park 16Th Floor S.V. Road Near Mtnl Signal Goregaon West, Mumbai, Maharashtra, India – 400104.
As per the financials filed for FY 2025, the company reported a revenue of ₹311.06 Cr, a growth of 2% compared to the previous year.
The company has a workforce of approximately 213 employees as per the latest available data. It operates as a subsidiary of Praj Industries Ltd..
The company is associated with 2 brands - Praj Hipurity Systems, Praj. As per MCA filings, the company has open charges of ₹94.02 Cr and satisfied charges of ₹113.9 Cr 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 prajhipurity.net.
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Registered AddressUnit 1604 Dlh Park 16Th Floor S.V. Road Near Mtnl Signal Goregaon West, Mumbai, Maharashtra, India – 400104
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IndustryEnvironment, Water Treatment
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Praj Hipurity Systems Limited
Praj Hipurity Systems Limited operates two associated brands: Praj HiPurity Systems and Praj. These brands represent Praj Hipurity Systems Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Provision of water systems and process solutions for pharmaceuticals and biotech in India. | prajhipurity.net | |
| Bioethanol and wastewater treatment services are provided alongside biofuel research. | praj.net |
Competitors & Alternatives of Praj Hipurity Systems Limited
Brands and companies operating in the same space as Praj Hipurity Systems Limited include Abengoa, Concord Enviro, USALCO and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Abengoa
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Energy, water, and waste management services are provided. | Seville, Spain, Spain | 1941 |
Concord Enviro
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Industrial wastewater treatment and waste management services are provided. | Mumbai, India, India | 1992 |
USALCO
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Provider of alumina based chemical solutions for water treatment and industrial applications | Baltimore, United States, United States | 1979 |
Spray Engineering
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Energy-efficient equipment is engineered for sugar and water industries. | Sahibzada Ajit Singh Nagar, India, India | 1992 |
IDE Technologies
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Water treatment and purification solutions are offered globally. | Jerusalem, Israel, Israel | 1960 |
Oxbow
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Refinery and natural gas byproducts are recycled and treated. | West Palm Beach, United States, United States | 1983 |
Nijhuis Industries
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Industrial wastewater treatment and management systems are supplied globally. | Doetinchem, Netherlands, Netherlands | 1904 |
Clean Chemistry
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Provider of industrial water treatment services | Boulder, United States, United States | 2012 |
Business Activity of Praj Hipurity Systems Limited
Praj Hipurity Systems Limited is engaged in the principal business activity of manufacturing, with detailed activities including electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details for Praj Hipurity Systems Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Praj Hipurity Systems Limited
Praj Hipurity Systems Limited is audited by P G Bhagwat LLP, Chartered Accountants for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P G Bhagwat LLP, Chartered Accountants | Locked | Locked | Locked |
Complete auditor history for Praj Hipurity Systems Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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- Auditor changes
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Board of Directors of Praj Hipurity Systems Limited
Praj Hipurity Systems Limited is currently managed by 9 directors, with 25 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Rajnikant Mehta | Director | 21 Feb 2017 | 9 Years 5 Months | Current |
| Pramod Madhukar Chaudhari | Nominee Director | 06 Jan 2012 | 14 Years 7 Months | Current |
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Sachin Vinayak Raole
Also directs:
Praj Industries Limited, Praj Genx Limited, Praj Engineering & Infra Limited and 1 more
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Director | 28 Jan 2025 | 1 Years 6 Months | Current |
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Shridhar Bhalchandra Shukla
Also directs:
Praj Industries Limited, Kpoint Technologies Private Limited
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Director | 22 Jan 2019 | 7 Years 6 Months | Current |
| Mihir Rasesh Mehta | Whole-Time Director | 24 Jul 2023 | 3 Years 0 Months | Current |
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Rujuta Prakash Jagtap
Also directs:
Praj Industries Limited, Techknowgreen Solutions Limited, Saj Test Plant Private Limited and 1 more
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Director | 22 Jul 2024 | 2 Years 0 Months | Current |
Financials of Praj Hipurity Systems Limited FY 2025 filings available
Praj Hipurity Systems Limited reported revenue of ₹311.06 Cr (up 2.00% YoY) for FY 2025.
Ten-year financial statements for Praj Hipurity Systems Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Praj Hipurity Systems Limited
Shareholding and ownership data for Praj Hipurity Systems Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Praj Hipurity Systems Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Apr 2022 | Standard Chartered Bank | ₹24 Cr | Open |
| 05 Jun 2012 | Others | ₹70 Cr | Open |
| 08 Dec 1995 | State Bank of Indore | ₹2 Lakh | Open |
| 10 Jan 2017 | Citi Bank N.A. | ₹24 Cr | Satisfied |
| 23 Sep 2014 | The Royal Bank of Scotland N. V. | ₹25 Cr | Satisfied |
Total charge records: 16 View all charges
Employees and EPFO Compliance at Praj Hipurity Systems Limited
Praj Hipurity Systems Limited has a workforce of 213 employees as of Apr 07, 2024.
Employee and EPFO history for Praj Hipurity Systems Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Praj Hipurity Systems Limited
GST registrations and filing compliance for Praj Hipurity Systems Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Praj Hipurity Systems Limited
Credit ratings, litigation, and regulatory alerts for Praj Hipurity Systems Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Praj Hipurity Systems Limited
MSME payment history for Praj Hipurity Systems Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Praj Hipurity Systems Limited
Corporate group structure for Praj Hipurity Systems Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Praj Hipurity Systems Limited
MCA filings and documents for Praj Hipurity Systems Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Praj Hipurity Systems Limited
Recent News on Praj Hipurity Systems Limited
Frequently Asked Questions about Praj Hipurity Systems Limited
Praj Hipurity Systems Limited is an active public limited company in the environment sector based in Mumbai, Maharashtra, India. It was incorporated on 22 October 2007 (19+ years old) and is registered under CIN U41000MH2007PLC175261. The company has 213 employees.
Praj Hipurity Systems Limited reported revenue of ₹311.06 Cr for FY 2025 (up 2.00% YoY).
The current directors of Praj Hipurity Systems Limited are:
- Sandeep Rajnikant Mehta - Director
- Pramod Madhukar Chaudhari - Nominee Director
- Sachin Vinayak Raole - Director
- Shridhar Bhalchandra Shukla - Director
- Mihir Rasesh Mehta - Whole-Time Director
- Rujuta Prakash Jagtap - Director
- Vikram Shrirang Pandit - Director
- Himanshu Virendra Shah - Person Incharge
- Ashish Madhukar Gaikwad - Director
The primary industry of Praj Hipurity Systems Limited is environment. The company specifically operates in water treatment. The company is currently active in this sector.
Praj Hipurity Systems Limited can be reached at the registered office: Unit 1604 Dlh Park 16Th Floor S.V. Road Near Mtnl Signal Goregaon West, Mumbai, Maharashtra, India – 400104, or through the website prajhipurity.net.
The authorised capital is ₹5 Cr, and the paid-up capital is ₹5 Cr.