India's Richest People 2026 edition · 1 director · Source: Hurun India
- #941 Pramod Madhukar Chaudhari ₹3,100 Cr
Praj Hipurity Systems Limited
Praj Hipurity Systems Limited - business services in Mulashi, Maharashtra, India. Directors, charges & compliance details.
Active Public Limited Company
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Open charges
₹94.02 Cr
Satisfied ₹113.9 Cr
Company age
19 yrs
Est. 2007
Directors on board
8
As per MCA filings
Last financials
Mar 2026
Balance sheet date
Last AGM
04 Aug 2026
Annual general meeting
Company status
Active
MCA master data
About Praj Hipurity Systems Limited
Data last updated:
Praj Hipurity Systems Limited is a public limited company based in Mulashi, Maharashtra, India. It was incorporated on 22 October 2007 and has been in existence for over 19 years.
Its director Pramod Madhukar Chaudhari is #941 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U41000PN2007PLC260360.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Mihir Rasesh Mehta (Whole-Time Director) and Shridhar Bhalchandra Shukla.
Its last annual general meeting (AGM) was held on 04 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mulashi, Maharashtra.
As per MCA filings, the company has open charges of ₹94.02 Cr and satisfied charges of ₹113.9 Cr on record.
Company Details of Praj Hipurity Systems Limited
CIN U41000PN2007PLC260360
Registration Number 260360
Incorporation Date 22 October 2007
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 04 August 2026
Date of Balance Sheet 31 March 2026
Key People
Mihir Rasesh Mehta Whole-Time Director Pramod Madhukar Chaudhari Nominee Director Shridhar Bhalchandra Shukla Director Recognitions & Rankings of Praj Hipurity Systems
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPraj Tower S. No. 274 & 275/2, Hinjewadi Bhumkar Chowk, Mulashi, Maharashtra, India – 411057
Comprehensive company report
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Financials of Praj Hipurity Systems Limited FY 2026 filings available
Financial Statement Summary of Praj Hipurity Systems Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Praj Hipurity Systems Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Praj Hipurity Systems are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
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Board of Directors of Praj Hipurity Systems Limited
Praj Hipurity Systems has 8 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| 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 9 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 |
| Vikram Shrirang Pandit Also directs: Praj Hipurity Systems Limited | Director | 17 Jan 2017 | 9 Years 9 Months | Current |
| Sandeep Rajnikant Mehta Also directs: Praj Hipurity Systems Limited | Director | 21 Feb 2017 | 9 Years 8 Months | Current |
| Ashish Madhukar Gaikwad | Director | 25 Apr 2025 | 1 Years 5 Months | Current |
Showing 6 of 8 current directors. View all directors
Charges & Borrowings of Praj Hipurity Systems Limited
Open charges
₹94.02 Cr
Satisfied charges
₹113.9 Cr
Breakdown by lending institutions
Latest charge details
| 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
Employment history and EPFO contributions of people linked to Praj Hipurity Systems.
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Employee and EPFO history
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.
Recent Activity on Praj Hipurity Systems Limited
Praj Hipurity Systems Limited has 8 board changes on record since 2012: 8 appointments. The latest: Ashish Madhukar Gaikwad was appointed as Director on 25 Apr 2025.
AGM
Praj Hipurity Systems Limited last Annual general meeting of members was held on 04 Aug 2026 as per latest MCA records.
Filing
Praj Hipurity Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Pune.
Appointed
Ashish Madhukar Gaikwad was appointed as Director.
Appointed
Sachin Vinayak Raole was appointed as Director.
Appointed
Rujuta Prakash Jagtap was appointed as Director.
Charges
A charge with Others of Rs. 70.00 Cr registered on 05 Jun 2012 with Charge ID 10359770 was modified on 06 Feb 2024.
Appointed
Mihir Rasesh Mehta was appointed as Whole-Time Director.
Charges
A charge with Standard Chartered Bank amounted to Rs. 24.00 Cr with Charge ID 100570177 was registered on 11 Apr 2022.
Appointed
Shridhar Bhalchandra Shukla was appointed as Director.
Charges
A charge registered on 10 Jan 2017 via Charge ID 100075230 with Citi Bank N.A. was fully satisfied on 24 Oct 2018.
Appointed
Sandeep Rajnikant Mehta was appointed as Director.
Appointed
Vikram Shrirang Pandit was appointed as Director.
35 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Praj Hipurity Systems Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
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- Director-linked violations
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MSME Payment Delays by Praj Hipurity Systems Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Praj Hipurity Systems Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Praj Hipurity Systems Limited
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Praj Hipurity Systems Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Praj Hipurity Systems Limited
Praj Hipurity Systems is an active public limited company based in Mulashi, Maharashtra, India. It was incorporated on 22 October 2007 (19+ years old) and is registered under CIN U41000PN2007PLC260360.
Praj Hipurity Systems has 8 current directors:
- Mihir Rasesh Mehta - Whole-Time Director
- Pramod Madhukar Chaudhari - Nominee Director
- Shridhar Bhalchandra Shukla - Director
- Vikram Shrirang Pandit - Director
- Sandeep Rajnikant Mehta - Director
- Ashish Madhukar Gaikwad - Director
- Sachin Vinayak Raole - Director
- Rujuta Prakash Jagtap - Director
The CIN (Corporate Identification Number) of Praj Hipurity Systems is U41000PN2007PLC260360. 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, Pune.
Ashish Madhukar Gaikwad was appointed as Director on 25 Apr 2025. Sachin Vinayak Raole was appointed as Director on 28 Jan 2025. Rujuta Prakash Jagtap was appointed as Director on 22 Jul 2024. Praj Hipurity Systems has 8 board changes on record in total.
The registered office of Praj Hipurity Systems is at Praj Tower S. No. 274 & 2752, Hinjewadi Bhumkar Chowk, Mulashi, Maharashtra, India – 411057.
Praj Hipurity Systems has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr.
No. Praj Hipurity Systems is not listed on any stock exchange. It is an unlisted company.
Praj Hipurity Systems has open charges of ₹94.02 Cr and satisfied charges of ₹113.9 Cr as per latest MCA filings.
Praj Hipurity Systems can be reached at its registered office: Praj Tower S. No. 274 & 2752, Hinjewadi Bhumkar Chowk, Mulashi, Maharashtra, India – 411057.