About Prasert Multiventure Private Limited
Data last updated:
Prasert Multiventure Private Limited was a private limited company based in Vapi, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It was incorporated on 17 February 2017.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51901GJ2017PTC100255.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Sitaram Somani Damodardas and Mohan Kasiviswanathan Manikkan.
Its last annual general meeting (AGM) was held on 28 December 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Survey No 76 Village Morai, Vapi, Gujarat, India – 396191.
As per the financials filed for FY 2018, the company reported a revenue of ₹44.64 Cr. For the same year it recorded a net profit of ₹398.53 Cr and EBITDA of ₹1,205.08 Cr.
Its group structure included 1 subsidiary.
The company has 1 deal on record (1 secondary share transfer); the latest was in March 2018.
The last known website on record is welspun.com.
Company details
CIN history
Prasert Multiventure has one previous CIN (Corporate Identification Number): U51901MH2017PTC291358. The current CIN is U51901GJ2017PTC100255, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51901GJ2017PTC100255 | Current |
| U51901MH2017PTC291358 | Previous |
Contact details
Prasert Multiventure Private Limited's registered office is in Vapi, Gujarat. Its e-mail address is in the company report.
- Email
- Social Media
- Registered AddressSurvey No 76 Village Morai, Vapi, Gujarat, India – 396191
To see the full contact details of Prasert Multiventure 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
Financials of Prasert Multiventure Private Limited
FY 2018 filings availablePrasert Multiventure Private Limited reported revenue of ₹44.64 Cr for FY 2018.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹44.64 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹1,205.08 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹398.53 Cr | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | ||
| Net Profit Margin | ||
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Prasert Multiventure Private Limited, buy the company report.
Board of directors of Prasert Multiventure Private Limited
Prasert Multiventure has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sitaram Somani Damodardas Also directs: Welspun Investments and Commercials Limited, Welspun Steel Limited | Director | 17 Mar 2017 | 9 Years 7 Months | As last reported |
| Mohan Kasiviswanathan Manikkan Also directs: Welspun Home Textiles Limited, Texreal Private Limited, Welspun Bapl Private Limited and 5 more | Director | 17 Mar 2017 | 9 Years 7 Months | As last reported |
| Dipali Balkrishan Goenka Also directs: DBG Estates Holdings LLP, Welspun Living Limited, New Delhi Television Limited and 5 more | Director | 20 Mar 2017 | 9 Years 7 Months | As last reported |
| Vanshika Balkrishan Goenka Also directs: Koolkanya Private Limited | Director | 20 Mar 2017 | 9 Years 7 Months | As last reported |
| Radhika Goenka Balkrishan Also directs: Veremente Enterprises Private Limited | Director | 20 Mar 2017 | 9 Years 7 Months | As last reported |
Auditor
Prasert Multiventure Private Limited is audited by P. Y. S. & CO. LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. Y. S. & CO. LLP | FY 2018 | 012388S/S200048 |
Shareholding
The shareholding of Prasert Multiventure Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Prasert Multiventure Private Limited, buy the company report.
Deals & funding
Prasert Multiventure Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2018.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Welspun Group Master Trust & Dipali Goenka, Welspun Group Master Trust Seller: 2 individuals |
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 Prasert Multiventure 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 Prasert Multiventure Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Prasert Multiventure has 1 subsidiary company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Welspun India Limited | L17110GJ1985PLC033271 |
To see the full group structure of Prasert Multiventure Private Limited, buy the company report.
GST
No GST registration is on our record for Prasert Multiventure Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Prasert Multiventure Private Limited has 12 board changes on record since 2017: 5 appointments and 7 cessations. The latest: Dipali Balkrishan Goenka ceased to be Additional Director on 28 Dec 2018.
3 earlier events are in the company report.
Frequently asked questions
Prasert Multiventure has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Prasert Multiventure was a private limited company based in Vapi, Gujarat, India. It was incorporated on 17 February 2017 and is registered under CIN U51901GJ2017PTC100255. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Prasert Multiventure was incorporated on 17 February 2017. It is registered with the Registrar of Companies, Ahmedabad.
Prasert Multiventure had 5 directors:
- Sitaram Somani Damodardas - Director
- Mohan Kasiviswanathan Manikkan - Director
- Dipali Balkrishan Goenka - Director
- Vanshika Balkrishan Goenka - Director
- Radhika Goenka Balkrishan - Director
The CIN (Corporate Identification Number) of Prasert Multiventure is U51901GJ2017PTC100255. 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 Prasert Multiventure is at Survey No 76 Village Morai, Vapi, Gujarat, India – 396191.
Prasert Multiventure can be reached through the website welspun.com. Its registered office is in Vapi, Gujarat, India.
The latest financial statements of Prasert Multiventure on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 December 2018. Year-wise statements from FY 2017 are in the company report.
Prasert Multiventure has 1 deal on record (1 secondary share transfer); the latest was in March 2018.
Dipali Balkrishan Goenka ceased to be Additional Director on 28 Dec 2018. Mohan Kasiviswanathan Manikkan ceased to be Additional Director on 28 Dec 2018. Radhika Goenka Balkrishan ceased to be Additional Director on 28 Dec 2018. Prasert Multiventure has 12 board changes on record in total.
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