
About Prakala Wealth Private Limited
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Prakala Wealth Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 29 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65999TN2006PTC060392. Its GSTIN is 33AAECP0116B2ZA (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹62.5 Lakh. It was formerly known as Prakala Wealth Management Private Limited. It is led by directors Chokkalingam Palaniappan and Chokkalingam Meenakshi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at First Floor 2/102 Third Street Karpagam Avenue, Chennai, Tamil Nadu, India – 600028.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.51 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹5.12 Cr (net margin 48.7%) and EBITDA of ₹7.03 Cr (EBITDA margin 66.9%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 42% over five years.
As per MCA filings, the company has open charges of ₹5.78 Lakh on record. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹5 Lakh; the latest was in September 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prakala.com.
Company details
Contact details
Prakala Wealth Private Limited's registered office is in Chennai, Tamil Nadu. Its website is prakala.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFirst Floor 2/102 Third Street Karpagam Avenue, Chennai, Tamil Nadu, India – 600028
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Prakala Wealth Private 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 Prakala Wealth is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Prakala Wealth Private Limited, buy the company report.
Financials of Prakala Wealth Private Limited
FY 2025 filings availablePrakala Wealth Private Limited reported revenue of ₹10.51 Cr (up 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 48% growth in the latest year. EBITDA rose 50% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹7.03 Cr | ||||
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| Net Profit (PAT) | ₹5.12 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 66.9% | ||||
| Net Profit Margin | 48.7% | ||||
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To see the full financial statements and ratios of Prakala Wealth Private Limited, buy the company report.
Board of directors of Prakala Wealth Private Limited
Prakala Wealth has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chokkalingam Palaniappan Also directs: Navarathna Housing Finance Limited | Director | 29 Jun 2006 | 20 Years 4 Months | Current |
| Chokkalingam Meenakshi Also directs: Sreevari Nidhi Limited | Director | 29 Jun 2006 | 20 Years 4 Months | Current |
Auditor
Prakala Wealth Private Limited is audited by VELU MUTHU ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VELU MUTHU ASSOCIATES | FY 2021 | 004590S |
Shareholding
The shareholding of Prakala Wealth Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
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| Others |
To see the full shareholding pattern of Prakala Wealth Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Dec 2019 | 100311860 | Lakshmi Vilas Bank Limited | ₹5.78 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Prakala Wealth Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹5 Lakh; the latest was in September 2018.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2007 | Funding round | ₹5 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Prakala Wealth Private 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 Prakala Wealth Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prakala Wealth has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECP0116B2ZA | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prakala Wealth Private Limited, buy the company report.
Recent activity
Prakala Wealth Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Chokkalingam Meenakshi was appointed as Director on 29 Jun 2006.
Frequently asked questions
Prakala Wealth is an active private limited company based in Chennai, Tamil Nadu, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 29 June 2006 (20+ years old) and is registered under CIN U65999TN2006PTC060392.
Prakala Wealth has 2 current directors:
- Chokkalingam Palaniappan - Director
- Chokkalingam Meenakshi - Director
The latest financial statements of Prakala Wealth on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Prakala Wealth is 33AAECP0116B2ZA, registered in Tamil Nadu. 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 Prakala Wealth is U65999TN2006PTC060392. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prakala Wealth was incorporated on 29 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.
Prakala Wealth has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹5 Lakh; the latest was in September 2018.
Chokkalingam Meenakshi was appointed as Director on 29 Jun 2006. Chokkalingam Palaniappan was appointed as Director on 29 Jun 2006.
Prakala Wealth can be reached through the website prakala.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Prakala Wealth is at First Floor 2102 Third Street Karpagam Avenue, Chennai, Tamil Nadu, India – 600028.

