Prajakta Engineering and Construction Pvt Ltd
About Prajakta Engineering and Construction Pvt Ltd
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Prajakta Engineering and Construction Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 25 November 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74210MH1992PTC069718. Its GSTIN is 27AACCP6690A1ZH (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Prateek Yatindra Karnik (Whole-Time Director) and Reena Yatindra Karnik (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at A – 404 Meera Apartmentsversova Link Road Seven Bunglows, Mumbai, Maharashtra, India – 400061.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.06 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹9.08 Lakh (net margin 8.5%) and EBITDA of ₹19.76 Lakh (EBITDA margin 18.6%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹3 Cr and satisfied charges of ₹1 Cr on record. Court records list 15 cases involving the company, including 12 filed by the company and 3 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Prajakta Engineering and Construction Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 404 Meera Apartmentsversova Link Road Seven Bunglows, Mumbai, Maharashtra, India – 400061
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Prajakta Engineering and Construction Pvt Ltd, 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
Business activity
The main business activity of Prajakta Engineering and Construction is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Prajakta Engineering and Construction Pvt Ltd, buy the company report.
Financials of Prajakta Engineering and Construction Pvt Ltd
FY 2022 filings availablePrajakta Engineering and Construction Pvt Ltd reported revenue of ₹1.06 Cr (down 30% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 30% fall in the latest year. EBITDA fell 2% in the latest year. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹19.76 Lakh | ||||
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| Net Profit (PAT) | ₹9.08 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 18.6% | ||||
| Net Profit Margin | 8.5% | ||||
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To see the full financial statements and ratios of Prajakta Engineering and Construction Pvt Ltd, buy the company report.
Board of directors of Prajakta Engineering and Construction Pvt Ltd
Prajakta Engineering and Construction has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prateek Yatindra Karnik | Whole-Time Director | 05 Jan 2017 | 9 Years 9 Months | Current |
| Reena Yatindra Karnik | Whole-Time Director | 01 May 1999 | 27 Years 5 Months | Current |
Auditor
Prajakta Engineering and Construction Pvt Ltd is audited by BANWAT & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BANWAT & CO | FY 2020 | 126562W |
Shareholding
The shareholding of Prajakta Engineering and Construction Pvt Ltd is on record for 4 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 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Prajakta Engineering and Construction Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2018 | 100217702 | Others | ₹3 Cr | Open | |
| 25 Jun 2011 | 10302063 | The Saraswat Cooperative Bank Limited | ₹1 Cr | Satisfied |
To see the full charge records of Prajakta Engineering and Construction Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
Prajakta Engineering and Construction Pvt Ltd has 15 court cases on record: 12 filed by Prajakta Engineering and Construction, 3 filed against it. 2 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 3 | 0 |
| District courts | 4 | 0 | 2 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against Shantiniketan (Air India) Co-Operative Housing Society Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Shantiniketan (Air India) Co-Operative Housing Society Limited. and 12 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (TRANSFER APPL) | Filed by the company against Shantiniketan (Air India) Co-Operative Housing Society Limited. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against Shantiniketan (Air India) Co-Operative Housing Society Limited. | Disposed |
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra and 2 Ors. and 1 other | Disposed |
To see the full case history of Prajakta Engineering and Construction Pvt Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prajakta Engineering and Construction Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prajakta Engineering and Construction has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCP6690A1ZH | Maharashtra | Active | 28 Aug 2017 |
| 30AACCP6690A1ZU | Goa | Active | 28 Aug 2017 |
To see the full GST registrations and return filing status of Prajakta Engineering and Construction Pvt Ltd, buy the company report.
Recent activity
Prajakta Engineering and Construction Pvt Ltd has 6 board changes on record since 1999: 2 appointments and 4 cessations. The latest: Yatindra Shankar Karnik ceased to be Managing Director on 21 Oct 2024.
Frequently asked questions
Prajakta Engineering and Construction is an active private limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 25 November 1992 (34+ years old) and is registered under CIN U74210MH1992PTC069718.
Prajakta Engineering and Construction has 2 current directors:
- Prateek Yatindra Karnik - Whole-Time Director
- Reena Yatindra Karnik - Whole-Time Director
The latest financial statements of Prajakta Engineering and Construction on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Prajakta Engineering and Construction is 27AACCP6690A1ZH, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 30AACCP6690A1ZU (Goa).
The CIN (Corporate Identification Number) of Prajakta Engineering and Construction is U74210MH1992PTC069718. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prajakta Engineering and Construction has 15 court cases on record: 12 filed by the company and 3 filed against it. 2 are pending. Most are in the high courts.
Prajakta Engineering and Construction was incorporated on 25 November 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Yatindra Shankar Karnik ceased to be Managing Director on 21 Oct 2024. Prajakta Yatindra Karnik ceased to be Director on 30 Oct 2021. Prateek Yatindra Karnik ceased to be Additional Director on 30 Sep 2017. Prajakta Engineering and Construction has 6 board changes on record in total.
The registered office of Prajakta Engineering and Construction is at A – 404 Meera Apartmentsversova Link Road Seven Bunglows, Mumbai, Maharashtra, India – 400061.
Prajakta Engineering and Construction operates in the infrastructure and utilities industry, in the general construction services segment.