About Prakala Wealth Private Limited
Data last updated: 08 January 2026
Prakala Wealth Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It specialises in diversified financial services, a part of the broader financial services sector. Incorporated on 29 June 2006, the company has been in operation for over 20 years.
Registered with ROC Chennai under CIN U65999TN2006PTC060392.
Capital: an authorised share capital of ₹70 Lakh and a paid-up capital of ₹62.5 Lakh. Formerly known as Prakala Wealth Management Private Limited. It is led by directors Chokkalingam Palaniappan and Chokkalingam Meenakshi.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 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.
As per MCA filings, the company has open charges of ₹5.78 Lakh 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 prakala.com.
-
EmailLocked
-
TelephoneLocked
-
Website
-
Social Media
-
Registered AddressFirst Floor 2/102 Third Street Karpagam Avenue, Chennai, Tamil Nadu, India – 600028
-
IndustryFinancial Services, Diversified Financial Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Prakala Wealth Private Limited
Prakala Wealth Private Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
Business activity turnover details for Prakala Wealth Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Prakala Wealth Private Limited
Prakala Wealth Private Limited is audited by VELU MUTHU ASSOCIATES for the financial year 2021. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VELU MUTHU ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Prakala Wealth Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Prakala Wealth Private Limited
Prakala Wealth Private Limited is governed by 2 directors who oversee the company's operations and strategic decisions.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Chokkalingam Palaniappan
Also directs:
Navarathna Housing Finance Limited
|
Director | 29 Jun 2006 | 20 Years 1 Months | Current |
|
Chokkalingam Meenakshi
Also directs:
Sreevari Nidhi Limited
|
Director | 29 Jun 2006 | 20 Years 1 Months | Current |
Financials of Prakala Wealth Private Limited FY 2025 filings available
Prakala Wealth Private Limited reported revenue of ₹10.51 Cr (up 48.00% YoY) for FY 2025.
Ten-year financial statements for Prakala Wealth Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Prakala Wealth Private Limited
Shareholding and ownership data for Prakala Wealth Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Prakala Wealth Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Dec 2019 | Lakshmi Vilas Bank Limited | ₹5.78 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Prakala Wealth Private Limited
View historical data on people associated with Prakala Wealth Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Prakala Wealth Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Prakala Wealth Private Limited
GST registrations and filing compliance for Prakala Wealth Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- 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 Prakala Wealth Private Limited
Credit ratings, litigation, and regulatory alerts for Prakala Wealth Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- 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 Prakala Wealth Private Limited
MSME payment history for Prakala Wealth Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- 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 Prakala Wealth Private Limited
Corporate group structure for Prakala Wealth Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- 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 Prakala Wealth Private Limited
MCA filings and documents for Prakala Wealth Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Prakala Wealth Private Limited
Frequently Asked Questions about Prakala Wealth Private Limited
Prakala Wealth Private Limited is an active private limited company in the financial services sector based in Chennai, Tamil Nadu, India. It was incorporated on 29 June 2006 (20+ years old) and is registered under CIN U65999TN2006PTC060392.
Prakala Wealth Private Limited reported revenue of ₹10.51 Cr for FY 2025 (up 48.00% YoY).
The current directors of Prakala Wealth Private Limited are:
- Chokkalingam Palaniappan - Director
- Chokkalingam Meenakshi - Director
The primary industry of Prakala Wealth Private Limited is financial services. The company specifically operates in diversified financial services. The company is currently active in this sector.
Prakala Wealth Private Limited can be reached at the registered office: First Floor 2102 Third Street Karpagam Avenue, Chennai, Tamil Nadu, India – 600028, or through the website prakala.com.
The authorised capital is ₹70 Lakh, and the paid-up capital is ₹62.5 Lakh.