Pravartak Solutions Private Limited
About Pravartak Solutions Private Limited
Data last updated:
Pravartak Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the service-based operations segment of the services sector. It was incorporated on 02 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93090MH2017PTC294591. Its GSTIN is 27AAPCA5301G2ZS (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Aim-More Solutions Private Limited and Aimfox Facility Management Private Limited. It is led by directors Akash Prakash More and Kiran Purushottam More.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Convey House Narshi Pada Nirmal Chawl Akurli Road Kandivali (East), Mumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.3 Lakh, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹3.2 Lakh (net margin -245.4%) and EBITDA of -₹94,596 (EBITDA margin -72.6%).
As per MCA filings, the company has open charges of ₹24 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Pravartak Solutions has undergone 7 name changes throughout its history. The current legal name is Pravartak Solutions Private Limited.
| Company Name | Status |
|---|---|
| Pravartak Solutions Private Limited | Current |
| Aim-More Solutions Private Limited | Previous |
| Aimfox Facility Management Private Limited | Previous |
| M-More Solutions Private Limited | Previous |
| Aimfox Hr Services Private Limited | Previous |
| Aim-1 Solutions Private Limited | Previous |
| M-1 Solutions Private Limited | Previous |
| M-One Solutions Private Limited | Previous |
Contact details
Pravartak Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressConvey House Narshi Pada Nirmal Chawl Akurli Road Kandivali (East), Mumbai, Maharashtra, India – 400101
- IndustryService, Other Services
To see the full contact details of Pravartak Solutions 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 Pravartak Solutions is electricity, gas, steam and air condition supply. In detail, this covers manufacture of gas, distribution of gaseous fuels.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D2 | Manufacture of gas, distribution of gaseous fuels |
To see the full business activity and turnover split of Pravartak Solutions Private Limited, buy the company report.
Financials of Pravartak Solutions Private Limited
FY 2020 filings availablePravartak Solutions Private Limited reported revenue of ₹1.3 Lakh (down 50% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 50% in the latest year. EBITDA rose 35% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹1.3 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹94,596 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹3.2 Lakh | ||
| 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 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -72.6% | ||
| Net Profit Margin | -245.4% | ||
| 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 Pravartak Solutions Private Limited, buy the company report.
Board of directors of Pravartak Solutions Private Limited
Pravartak Solutions has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akash Prakash More Also directs: Morko Logistics Private Limited | Director | 09 Oct 2020 | 6 Years 0 Months | Current |
| Kiran Purushottam More Also directs: PKL Enterprises Private Limited | Director | 02 May 2017 | 9 Years 5 Months | Current |
Peer comparison
Pravartak Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (manufacture of gas, distribution of gaseous fuels), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wattza Energy Private Limited | ₹1.67 Lakh (FY 2025) | -3.0% | Chennai, Tamil Nadu, India | |||
| Mahakalieswari Industries Private Limited | ₹1.6 Lakh (FY 2018) | Tirupur, Tamil Nadu, India | ||||
| Billion Green Energy Private Limited | ₹1.45 Lakh (FY 2025) | -98.0% | Vaddoara, Gujarat, India | |||
| Naturum Technology Private Limited | ₹1.41 Lakh (FY 2025) | -29.0% | Godda, Jharkhand, India | |||
| Appl Optimum Composite Technologies Private Limited | ₹1.32 Lakh (FY 2023) | Pune, Maharashtra, India | ||||
| Pravartak Solutions Private Limitedthis company | ₹1.3 Lakh (FY 2020) | -₹3.2 Lakh | -245.4% | -50.0% | Mumbai, Maharashtra, India | |
| Rubeera Online Services (OPC) Private Limited | ₹1.26 Lakh (FY 2025) | Lucknow, Uttar Pradesh, India | ||||
| Surya Gases Pvt Ltd | ₹1.17 Lakh (FY 2025) | -32.0% | Gwalior, Madhya Pradesh, India | |||
| Stu Urja Private Limited | ₹1.13 Lakh (FY 2017) | -87.0% | New Delhi, Delhi, India | |||
| Earth Gases Private Limited | ₹1 Lakh (FY 2025) | 98.0% | Bavla, Gujarat, India | |||
| Rencut India Private Limited | ₹99,795 (FY 2022) | 6.0% | Delhi, India |
To see the full peer comparison of Pravartak Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Mar 2022 | 100576701 | Indian Bank | ₹20 Lakh | Open | |
| 26 Sep 2018 | 100224884 | Indian Bank | ₹4 Lakh | Open |
To see the full charge records of Pravartak Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Pravartak Solutions 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 Pravartak Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pravartak Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCA5301G2ZS | Maharashtra | Active | 05 Jan 2018 |
To see the full GST registrations and return filing status of Pravartak Solutions Private Limited, buy the company report.
Recent activity
Pravartak Solutions Private Limited has 8 board changes on record since 2017: 2 appointments and 6 cessations. The latest: Akash Prakash More ceased to be Additional Director on 31 Dec 2020.
2 earlier events are in the company report.
Frequently asked questions
Pravartak Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in other services, within the service industry. It was incorporated on 02 May 2017 (9+ years old) and is registered under CIN U93090MH2017PTC294591.
Pravartak Solutions has 2 current directors:
- Akash Prakash More - Director
- Kiran Purushottam More - Director
The latest financial statements of Pravartak Solutions on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Pravartak Solutions is 27AAPCA5301G2ZS, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Pravartak Solutions is U93090MH2017PTC294591. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pravartak Solutions was incorporated on 02 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Pravartak Solutions by revenue are Wattza Energy Private Limited, Mahakalieswari Industries Private Limited, Billion Green Energy Private Limited, Naturum Technology Private Limited, Appl Optimum Composite Technologies Private Limited and 5 more, all in the same principal business activity (manufacture of gas, distribution of gaseous fuels).
Akash Prakash More ceased to be Additional Director on 31 Dec 2020. Akash Prakash More was appointed as Director on 09 Oct 2020. Rupali Kiran More ceased to be Director on 09 Oct 2020. Pravartak Solutions has 8 board changes on record in total.
The registered office of Pravartak Solutions is at Convey House Narshi Pada Nirmal Chawl Akurli Road Kandivali East, Mumbai, Maharashtra, India – 400101.
Pravartak Solutions operates in the service industry, in the other services segment.
Pravartak Solutions has open charges of ₹24 Lakh and no satisfied charges on record as per latest MCA filings.