Prakash Leasing Limited
About Prakash Leasing Limited
Data last updated:
Prakash Leasing Limited was a public limited company based in Bangalore, Karnataka, 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 and leasing services segment of the financial services sector. It was incorporated on 08 December 1983.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65910KA1983PLC005730.
The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹3.78 Cr. It was led by directors including Bharat Bhushan Narang (Managing Director) and Subhash Kaul.
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 7 (49) Kodava Samaja Buildingi Main Road Vasanthnagar Bangalore, Karnataka, India – 560052.
As per the financials filed for FY 2019, the company reported a revenue of ₹20.58 Lakh, a growth of 85% compared to the previous year. For the same year it recorded a net profit of ₹17.33 Lakh (net margin 84.2%) and EBITDA of ₹17.33 Lakh (EBITDA margin 84.2%).
As per MCA filings, the company had satisfied charges of ₹14 Cr on record.
Company details
Contact details
Prakash Leasing Limited's registered office is in Bangalore, Karnataka.
- Registered Address7 (49) Kodava Samaja Buildingi Main Road Vasanthnagar Bangalore, Karnataka, India – 560052
- IndustryFinancial Services, Financial & Leasing, Other Financial Intermediation
- 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
Financials of Prakash Leasing Limited
FY 2019 filings availablePrakash Leasing Limited reported revenue of ₹20.58 Lakh (up 85% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 85% in the latest year. EBITDA rose 327% 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
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| EBITDA | ₹17.33 Lakh | ||||
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| Net Profit (PAT) | ₹17.33 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | 84.2% | ||||
| Net Profit Margin | 84.2% | ||||
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To see the full financial statements and ratios of Prakash Leasing Limited, buy the company report.
Board of directors of Prakash Leasing Limited
Prakash Leasing has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subhash Kaul | Director | 30 Jun 2016 | 10 Years 3 Months | As last reported |
| Bharat Bhushan Narang Also directs: Narang Holding Private Limited, S M Kannappa Automobiles Private Limited, Prakash Coach Builders Private Limited and 3 more | Managing Director | 30 Sep 2006 | 20 Years 0 Months | As last reported |
| Chitra Narang Also directs: Narang Holding Private Limited, Prakash Coach Builders Private Limited, BVR Enterprises Private Limited and 2 more | Director | 31 Mar 2015 | 11 Years 6 Months | As last reported |
| Natarajan Venkat Raman | Director | 30 Apr 2002 | 24 Years 5 Months | As last reported |
Peer comparison
Prakash Leasing Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Machinery and Equipment Leasing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Col Heavy Lifters and Material Handling Private Limited | ₹21.54 Lakh (FY 2025) | 67.0% | Navi Mumbai, Maharashtra, India | |||
| Drillpro (India) Private Limited | ₹21.34 Lakh (FY 2024) | 172.0% | Navi Mumbai, Maharashtra, India | |||
| Millenium Computer Consultancy Private Limited. | ₹21.04 Lakh (FY 2024) | 6.0% | Kolkata, West Bengal, India | |||
| Shuchi Enterprises Private Limited | ₹21 Lakh (FY 2024) | New Delhi, Delhi, India | ||||
| Subhlakshmi Vintrade Private Limited | ₹20.72 Lakh (FY 2025) | Jamshedpur, Jharkhand, India | ||||
| Prakash Leasing Limitedthis company | ₹20.58 Lakh (FY 2019) | ₹17.33 Lakh | 84.2% | 85.0% | Bangalore, Karnataka, India | |
| Tater Fin-Vest Private Limited | ₹20.58 Lakh (FY 2025) | -11.0% | Mumbai, Maharashtra, India | |||
| Scope Hospital Private Limited | ₹20.35 Lakh (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| Lamicoat Private Limited | ₹20.28 Lakh (FY 2024) | 10.0% | Ahmedabad, Gujarat, India | |||
| Hardik Tradelinks Private Limited | ₹20.27 Lakh (FY 2024) | 28.0% | Chhattisgarh, India | |||
| Nirmal RMC India Private Limited | ₹20.26 Lakh (FY 2024) | 480.0% | Pune, Maharashtra, India |
To see the full peer comparison of Prakash Leasing Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Mar 1995 | 80059484 | State Bank of India | ₹14 Cr | Satisfied |
To see the full charge records of Prakash Leasing Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Prakash Leasing 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 Prakash Leasing Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Prakash Leasing Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Prakash Leasing Limited has 7 board changes on record since 2002: 4 appointments and 3 cessations. The latest: Dadapeer ceased to be Director on 29 Jul 2017.
Frequently asked questions
Prakash Leasing 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.
Prakash Leasing was a public limited company based in Bangalore, Karnataka, India. The company worked in financial and leasing, within the financial services industry. It was incorporated on 08 December 1983 and is registered under CIN U65910KA1983PLC005730. The company has been struck off by the Registrar of Companies and is no longer operational.
Prakash Leasing had 4 directors:
- Bharat Bhushan Narang - Managing Director
- Subhash Kaul - Director
- Chitra Narang - Director
- Natarajan Venkat Raman - Director
The CIN (Corporate Identification Number) of Prakash Leasing is U65910KA1983PLC005730. 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 Prakash Leasing is at 7 49 Kodava Samaja Buildingi Main Road Vasanthnagar Bangalore, Karnataka, India – 560052.
Prakash Leasing was incorporated on 08 December 1983. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Prakash Leasing 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.
Prakash Leasing operated in the financial services industry, in the financial and leasing segment. It worked in this industry before it was struck off.
The peers of Prakash Leasing by revenue are Col Heavy Lifters and Material Handling Private Limited, Drillpro (India) Private Limited, Millenium Computer Consultancy Private Limited, Shuchi Enterprises Private Limited, Subhlakshmi Vintrade Private Limited and 5 more, all in the BFSI industry (Machinery and Equipment Leasing).
Dadapeer ceased to be Director on 29 Jul 2017. Subhash Kaul ceased to be Additional Director on 29 Sep 2016. Subhash Kaul was appointed as Director on 30 Jun 2016. Prakash Leasing has 7 board changes on record in total.
Prakash Leasing has no open charges and satisfied charges of ₹14 Cr as per latest MCA filings.