About Praj Hipurity Systems Limited
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Praj Hipurity Systems Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Praj Industries Ltd.. It operates in the water treatment segment of the environmental services sector. It was incorporated on 22 October 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U41000MH2007PLC175261. Its GSTIN is 27AACCN6144P1ZZ (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It was formerly known as Neela Systems Limited. It is led by directors including Mihir Rasesh Mehta (Whole-Time Director) and Sandeep Rajnikant Mehta.
Its last annual general meeting (AGM) was held on 06 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 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 about 213 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Praj HiPurity Systems and 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.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressUnit 1604 Dlh Park 16th Floor S.V. Road Near Mtnl Signal Goregaon West, Mumbai, Maharashtra, India – 400104
- IndustryEnvironment, Water Treatment
- 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
- One PDF report, delivered after checkout
Associated Brands with Praj Hipurity Systems
Praj Hipurity Systems operates two associated brands: Praj HiPurity Systems and Praj. Each brand links to its own profile.
| 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
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 | Energy, water, and waste management services are provided. | Seville, Spain, Spain | 1941 |
 Concord Enviro | Industrial wastewater treatment and waste management services are provided. | Mumbai, India, India | 1992 |
 USALCO | Provider of alumina based chemical solutions for water treatment and industrial applications | Baltimore, United States, United States | 1979 |
 Spray Engineering | Energy-efficient equipment is engineered for sugar and water industries. | Sahibzada Ajit Singh Nagar, India, India | 1992 |
 IDE Technologies | Water treatment and purification solutions are offered globally. | Jerusalem, Israel, Israel | 1960 |
 Oxbow | Refinery and natural gas byproducts are recycled and treated. | West Palm Beach, United States, United States | 1983 |
 Nijhuis Industries | Industrial wastewater treatment and management systems are supplied globally. | Doetinchem, Netherlands, Netherlands | 1904 |
 Clean Chemistry | Provider of industrial water treatment services | Boulder, United States, United States | 2012 |
Business Activity of Praj Hipurity Systems
The main business activity of Praj Hipurity Systems is manufacturing. In detail, this covers 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 share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Praj Hipurity Systems
Praj Hipurity Systems Limited is audited by P G Bhagwat LLP, Chartered Accountants for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P G Bhagwat LLP, Chartered Accountants | Locked | Locked | Locked |
Complete auditor history for Praj Hipurity Systems Limited
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Praj Hipurity Systems Limited
Praj Hipurity Systems has 9 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Rajnikant Mehta Also directs: Praj Hipurity Systems Limited | Director | 21 Feb 2017 | 9 Years 7 Months | Current |
| Pramod Madhukar Chaudhari Also directs: Praj Industries Limited, Praj Hipurity Systems Limited, Plutus Properties LLP and 3 more | Nominee Director | 06 Jan 2012 | 14 Years 8 Months | Current |
| Sachin Vinayak Raole | Director | 28 Jan 2025 | 1 Years 8 Months | Current |
| Shridhar Bhalchandra Shukla | Director | 22 Jan 2019 | 7 Years 8 Months | Current |
| Mihir Rasesh Mehta Also directs: Praj Hipurity Systems Limited | Whole-Time Director | 24 Jul 2023 | 3 Years 2 Months | Current |
| Rujuta Prakash Jagtap Also directs: Praj Industries Limited, Praj Hipurity Systems Limited, Techknowgreen Solutions Limited and 2 more | Director | 22 Jul 2024 | 2 Years 2 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
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Praj Hipurity Systems
Shareholding and ownership data for Praj Hipurity Systems Limited
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Praj Hipurity Systems
| 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
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 and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Praj Hipurity Systems
Praj Hipurity Systems has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN6144P1ZZ | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance for Praj Hipurity Systems Limited
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Praj Hipurity Systems
Credit ratings, litigation, and regulatory alerts for Praj Hipurity Systems Limited
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Praj Hipurity Systems
MSME payment history for Praj Hipurity Systems Limited
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Praj Hipurity Systems
Corporate group structure for Praj Hipurity Systems Limited
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Praj Hipurity Systems
MCA filings and documents for Praj Hipurity Systems Limited
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- 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
Recent News on Praj Hipurity Systems
Frequently Asked Questions about Praj Hipurity Systems Limited
Praj Hipurity Systems is an active public limited company based in Mumbai, Maharashtra, India. The company works in water treatment, within the environment industry. It was incorporated on 22 October 2007 (19+ years old) and is registered under CIN U41000MH2007PLC175261.
Praj Hipurity Systems reported revenue of ₹311.06 Cr for FY 2025 (up 2.00% YoY).
Praj Hipurity Systems has 9 current directors:
- Mihir Rasesh Mehta - Whole-Time Director
- Sandeep Rajnikant Mehta - Director
- Pramod Madhukar Chaudhari - Nominee Director
- Sachin Vinayak Raole - Director
- Shridhar Bhalchandra Shukla - Director
- Rujuta Prakash Jagtap - Director
- Vikram Shrirang Pandit - Director
- Ashish Madhukar Gaikwad - Director
- Himanshu Virendra Shah - Person Incharge
The GSTIN of Praj Hipurity Systems is 27AACCN6144P1ZZ, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Praj Hipurity Systems is U41000MH2007PLC175261. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Praj Hipurity Systems was incorporated on 22 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Praj Hipurity Systems can be reached through the website prajhipurity.net. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Praj Hipurity Systems is at Unit 1604 Dlh Park 16th Floor S.V. Road Near Mtnl Signal Goregaon West, Mumbai, Maharashtra, India – 400104.
Praj Hipurity Systems has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr.