About Prasaar Foods Private Limited
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Prasaar Foods Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 21 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2014PTC254821. Its GSTIN is 27AAHCP6389D1Z2 (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mayur Mulshankar Soni and Vishal Bhupendra Thakkar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Shop No 24 Market Phase 2 Sector 19/Turbhe – 4000705, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2021, the company reported a revenue of ₹9.1 Cr, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹18.33 Lakh (net margin -2%) and EBITDA of ₹37.11 Lakh (EBITDA margin 4.1%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 19% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹1.8 Cr 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 prasaarfoods.com.
Company details
Contact details
Prasaar Foods Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is prasaarfoods.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressShop No 24 Market Phase 2 Sector 19/Turbhe – 4000705, Navi Mumbai, Maharashtra, India – 400705
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Prasaar Foods 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 Prasaar Foods is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Prasaar Foods Private Limited, buy the company report.
Financials of Prasaar Foods Private Limited
FY 2021 filings availablePrasaar Foods Private Limited reported revenue of ₹9.1 Cr (down 73% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 73% fall in the latest year. EBITDA fell 31% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹9.1 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹37.11 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹18.33 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | -2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Prasaar Foods Private Limited, buy the company report.
Board of directors of Prasaar Foods Private Limited
Prasaar Foods has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayur Mulshankar Soni Also directs: Profound Impex Private Limited, PRPM Services Private Limited | Director | 21 Mar 2014 | 12 Years 7 Months | Current |
| Vishal Bhupendra Thakkar | Director | 10 Mar 2021 | 5 Years 8 Months | Current |
Auditor
Prasaar Foods Private Limited is audited by RIKTA KARIA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RIKTA KARIA & ASSOCIATES | FY 2021 | 132642W |
Shareholding
The shareholding of Prasaar Foods Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Prasaar Foods Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jun 2018 | 100200109 | Standard Chartered Bank | ₹2 Cr | Open | |
| 27 Jun 2015 | 10579511 | Kotak Mahindra Bank Limited | ₹1 Cr | Satisfied | |
| 21 Jan 2015 | 10547159 | Shri Arihant Co-Operative Bank Ltd | ₹80 Lakh | Satisfied |
To see the full charge records of Prasaar Foods Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Prasaar Foods 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 Prasaar Foods Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prasaar Foods Private Limited has a workforce of 4 employees on its EPFO records as of Jun 2019, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2019-20 | 4 |
| FY 2018-19 |
To see the full employee and EPFO history of Prasaar Foods Private Limited, buy the company report.
GST
Prasaar Foods has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCP6389D1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prasaar Foods Private Limited, buy the company report.
Recent activity
Prasaar Foods Private Limited has 7 board changes on record since 2014: 2 appointments and 5 cessations. The latest: Hariram Shamji Kariya ceased to be Additional Director on 10 Mar 2021.
3 earlier events are in the company report.
Frequently asked questions
Prasaar Foods is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 21 March 2014 (12+ years old) and is registered under CIN U74120MH2014PTC254821.
Prasaar Foods has 2 current directors:
- Mayur Mulshankar Soni - Director
- Vishal Bhupendra Thakkar - Director
The latest financial statements of Prasaar Foods on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Prasaar Foods is 27AAHCP6389D1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Prasaar Foods is U74120MH2014PTC254821. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prasaar Foods was incorporated on 21 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Hariram Shamji Kariya ceased to be Additional Director on 10 Mar 2021. Vishal Bhupendra Thakkar was appointed as Director on 10 Mar 2021. Vishal Bhupendra Thakkar ceased to be Director on 02 Mar 2021. Prasaar Foods has 7 board changes on record in total.
Prasaar Foods can be reached through the website prasaarfoods.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Prasaar Foods is at Shop No 24 Market Phase 2 Sector 19Turbhe – 4000705, Navi Mumbai, Maharashtra, India – 400705.
Prasaar Foods operates in the food and beverages industry, in the food and beverage retail and distribution segment.
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