Prath India Advisors LLP
About Prath India Advisors LLP
Data last updated:
Prath India Advisors LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the insurance and pension funding segment of the insurance sector. It was incorporated on 27 June 2022.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN ABB-5102.
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Harmanpreet Singh and Piyush Goenka.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the LLP reported a revenue of ₹2.52 Cr, reflecting significant growth compared to the previous year.
Company details
Contact details
Prath India Advisors LLP's registered office is in Mumbai, Maharashtra.
- Registered Address2803 28th Floor Tower No 5 Crescent Bay, Jerbai Wadia Road Nr Mahatma Phule Educational Society Parel, Mumbai, Maharashtra, India – 400012
- IndustryInsurance, Insurance & Pension Funding
- 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 Prath India Advisors LLP
FY 2025 filings availablePrath India Advisors LLP reported revenue of ₹2.52 Cr (up 967% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 967% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Income and Expenditure | ||
| Turnover | ||
| Other Income | ||
| Total Income | ||
| Purchases and Direct Costs | ||
| Personnel Expenses | ||
| Administrative Expenses | ||
| Interest | ||
| Depreciation | ||
| Total Expenses | ||
| Profit Before Tax | ||
| Tax | ||
| Profit After Tax | ||
| Profit Transferred to Partners | ||
| Assets and Liabilities | ||
| Partners' Contribution | ||
| Reserves and Surplus | ||
| Secured Loans | ||
| Unsecured Loans | ||
| Trade Payables | ||
| Other Liabilities and Provisions | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Loans and Advances | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| Net Profit Margin | ||
| Return on Partners' Funds | ||
| Return on Assets | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Debt to Partners' Funds | ||
| Interest Coverage | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Turnover Growth | ||
| Profit Growth | ||
To see the full financial statements and ratios of Prath India Advisors LLP, buy the company report.
Designated partners of Prath India Advisors LLP
Prath India Advisors has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harmanpreet Singh | Designated Partner | 27 Jun 2022 | 4 Years 3 Months | Current |
| Piyush Goenka Also directs: Prath India Sponsors LLP, Safari Industries (India) Limited, Radiohead Brands Private Limited and 3 more | Designated Partner | 27 Jun 2022 | 4 Years 3 Months | Current |
Peer comparison
Prath India Advisors LLP is compared with the 10 companies closest to it by revenue in the BFSI industry (Portfolio Managers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nirvana Venture Advisors Private Limited | ₹2.72 Cr (FY 2025) | -48.0% | Mumbai, Maharashtra, India | |||
| Maa Jagdamba Manufacturing Company Pvt.Ltd. | ₹2.71 Cr (FY 2025) | 5.0% | Kolkata, West Bengal, India | |||
| Ksema Wealth Private Limited | ₹2.65 Cr (FY 2025) | -33.0% | Chennai, Tamil Nadu, India | |||
| Shade Capital Private Limited | ₹2.65 Cr (FY 2024) | 85.0% | New Delhi, Delhi, India | |||
| Thousand Lights Investments Pvt Ltd | ₹2.53 Cr (FY 2025) | 28.0% | Pune, Maharashtra, India | |||
| Prath India Advisors LLPthis company | ₹2.52 Cr (FY 2024) | 967.0% | Mumbai, Maharashtra, India | |||
| Keyur Financial Services Private Limited | ₹2.49 Cr (FY 2017) | 7.0% | Ahmeabad, Gujarat, India | |||
| Sanjana Wearn Limited | ₹2.43 Cr (FY 2025) | -13.0% | Kolkata, West Bengal, India | |||
| SC India Manager Private Limited | ₹2.41 Cr (FY 2025) | -26.0% | Mumbai, Maharashtra, India | |||
| Pingle Commotrade Pvt Ltd | ₹2.41 Cr (FY 2025) | 36.0% | Kolkata, West Bengal, India | |||
| Thirukochi Financial Services Private Limited | ₹2.4 Cr (FY 2025) | 38.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Prath India Advisors LLP, buy the company report.
Legal cases
No court or tribunal cases involving Prath India Advisors LLP 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 Prath India Advisors LLP; 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 Prath India Advisors LLP; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Prath India Advisors LLP has 2 designated partner changes on record since 2022: 2 appointments. The latest: Harmanpreet Singh was appointed as Designated Partner on 27 Jun 2022.
Frequently asked questions
Prath India Advisors is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in insurance and pension funding, within the insurance industry. It was incorporated on 27 June 2022 (4+ years old) and is registered under LLPIN ABB-5102.
Prath India Advisors has 2 current designated partners:
- Harmanpreet Singh - Designated Partner
- Piyush Goenka - Designated Partner
The latest financial statements of Prath India Advisors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2023 are in the company report.
The LLPIN (Limited Liability Partnership Identification Number) of Prath India Advisors is ABB-5102. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Prath India Advisors was incorporated on 27 June 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Prath India Advisors by revenue are Nirvana Venture Advisors Private Limited, Maa Jagdamba Manufacturing Company Pvt.Ltd, Ksema Wealth Private Limited, Shade Capital Private Limited, Thousand Lights Investments Pvt Ltd and 5 more, all in the BFSI industry (Portfolio Managers).
Harmanpreet Singh was appointed as Designated Partner on 27 Jun 2022. Piyush Goenka was appointed as Designated Partner on 27 Jun 2022.
The registered office of Prath India Advisors is at 2803 28th Floor Tower No 5 Crescent Bay, Jerbai Wadia Road Nr Mahatma Phule Educational Society Parel, Mumbai, Maharashtra, India – 400012.
Prath India Advisors operates in the insurance industry, in the insurance and pension funding segment.
Prath India Advisors can be reached at its registered office: 2803 28th Floor Tower No 5 Crescent Bay, Jerbai Wadia Road Nr Mahatma Phule Educational Society Parel, Mumbai, Maharashtra, India – 400012.
Prath India Advisors is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.