Prajit Finvest Limited
About Prajit Finvest Limited
Data last updated:
Prajit Finvest Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 25 July 1994.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1994PLC079822. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10.01 Lakh. It was led by directors including Pradip Kanaiyalal Mehta and Purvi Pradip Mehta.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.08 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.19 Lakh (net margin -57%) and EBITDA of -₹1.19 Lakh (EBITDA margin -57%). Revenue has grown at a compounded annual rate (CAGR) of 75% over three years.
Company details
CIN history
Prajit Finvest has one previous CIN (Corporate Identification Number): U65990MH1994PTC079822. The current CIN is U65990MH1994PLC079822, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65990MH1994PLC079822 | Current |
| U65990MH1994PTC079822 | Previous |
Contact details
Prajit Finvest Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address703 – A 7th Floor Reema Terrace 34th T. P. Road Shimpoli Village Chikuwadi Borivali (W, Est), Mumbai, Maharashtra, India – 400092
- IndustryFinancial Services, Financial Activities
To see the full contact details of Prajit Finvest Limited, 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 Prajit Finvest is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
Financials of Prajit Finvest Limited
FY 2019 filings availablePrajit Finvest Limited reported revenue of ₹2.08 Lakh (up 271% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 75% over three years, including 271% growth in the latest year. EBITDA fell 531% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹1.19 Lakh | ||||
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| Net Profit (PAT) | -₹1.19 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -57% | ||||
| Net Profit Margin | -57% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Prajit Finvest Limited, buy the company report.
Board of directors of Prajit Finvest Limited
Prajit Finvest has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradip Kanaiyalal Mehta | Director | 25 Jul 1994 | 32 Years 3 Months | As last reported |
| Purvi Pradip Mehta | Director | 25 Jul 1994 | 32 Years 3 Months | As last reported |
| Vipul Ochchhavlal Shah | Director | 02 Sep 1998 | 28 Years 2 Months | As last reported |
Peer comparison
Prajit Finvest Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bardiya Nidhi Limited | ₹2.09 Lakh (FY 2020) | -18.0% | Jodhpur, Rajasthan, India | |||
| RNB Investment Private Limited | ₹2.09 Lakh (FY 2018) | Goregaon(W)Mumbai, Maharashtra, India | ||||
| Finoseva Micro Foundation | ₹2.09 Lakh (FY 2024) | Chakdah, Bihar, India | ||||
| Ov Capital Private Limited | ₹2.09 Lakh (FY 2025) | -71.0% | Hyderabad, Telangana, India | |||
| Little Kancheepuram Benefit Fund Nidhi Limited | ₹2.09 Lakh (FY 2022) | -62.0% | Tamil Nadu, India | |||
| Prajit Finvest Limitedthis company | ₹2.08 Lakh (FY 2019) | -₹1.19 Lakh | -57% | 271.0% | Mumbai, Maharashtra, India | |
| Sister Nibedita Micro Service Foundation | ₹2.08 Lakh (FY 2024) | 488.0% | Nadia, West Bengal, India | |||
| Alliance Finconsults Private Limited | ₹2.08 Lakh (FY 2018) | -59.0% | New Delhi, Delhi, India | |||
| Susaktha Chits Private Limited | ₹2.08 Lakh (FY 2025) | -74.0% | Thrissur, Kerala, India | |||
| Bangur Vanijya & Finance Pvt Ltd | ₹2.08 Lakh (FY 2025) | 149.0% | Kolkata, West Bengal, India | |||
| Aspolight Vanijya Pvt.Ltd. | ₹2.08 Lakh (FY 2025) | -84.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Prajit Finvest Limited, buy the company report.
Auditor
Prajit Finvest Limited is audited by K. S. Shah & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. S. Shah & Co. | FY 2017 | 109644W |
Shareholding
The shareholding of Prajit Finvest Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Prajit Finvest Limited, buy the company report.
Legal cases
No court or tribunal cases involving Prajit Finvest Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prajit Finvest Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prajit Finvest has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Prajit Finvest Limited, buy the company report.
Recent activity
Prajit Finvest Limited has 3 board changes on record since 1994: 3 appointments. The latest: Vipul Ochchhavlal Shah was appointed as Director on 02 Sep 1998.
Frequently asked questions
Prajit Finvest has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Prajit Finvest was a public limited company based in Mumbai, Maharashtra, India. The company worked in financial activities, within the financial services industry. It was incorporated on 25 July 1994 and is registered under CIN U65990MH1994PLC079822. The company has been struck off by the Registrar of Companies and is no longer operational.
Prajit Finvest had 3 directors:
- Pradip Kanaiyalal Mehta - Director
- Purvi Pradip Mehta - Director
- Vipul Ochchhavlal Shah - Director
The CIN (Corporate Identification Number) of Prajit Finvest is U65990MH1994PLC079822. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Prajit Finvest is at 703 – A 7th Floor Reema Terrace 34th T. P. Road Shimpoli Village Chikuwadi Borivali W, Est, Mumbai, Maharashtra, India – 400092.
Prajit Finvest was incorporated on 25 July 1994. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Prajit Finvest on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Prajit Finvest has 1 GST registration on record and it is cancelled or inactive.
Prajit Finvest operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Prajit Finvest by revenue are Bardiya Nidhi Limited, RNB Investment Private Limited, Finoseva Micro Foundation, Ov Capital Private Limited, Little Kancheepuram Benefit Fund Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Vipul Ochchhavlal Shah was appointed as Director on 02 Sep 1998. Pradip Kanaiyalal Mehta was appointed as Director on 25 Jul 1994. Purvi Pradip Mehta was appointed as Director on 25 Jul 1994.
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