Praveena Projects Private Limited
About Praveena Projects Private Limited
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Praveena Projects Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 21 July 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U29309AP2005PTC046932. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹3 Lakh. It is led by directors Kolla Sambasiva Rao (Managing Director) and Vamsi Krishna Katta.
Its last annual general meeting (AGM) was held on 29 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 6/18/6/1 Srivarshini Aptseast Point Colony Visakhapatnam – 530017, Andhra Pradesh, India – 530017.
As per the financials filed for FY 2016, the company reported a revenue of ₹4.81 Cr, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹11.69 Lakh (net margin -2.4%) and EBITDA of ₹82.73 Lakh (EBITDA margin 17.2%).
As per MCA filings, the company has open charges of ₹7.56 Cr on record. Court records list 6 cases involving the company, including 6 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Praveena Projects Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address6/18/6/1 Srivarshini Aptseast Point Colony Visakhapatnam – 530017, Andhra Pradesh, India – 530017
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Praveena Projects 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 Praveena Projects Private Limited
FY 2016 filings availablePraveena Projects Private Limited reported revenue of ₹4.81 Cr (down 79% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 79% in the latest year. EBITDA fell 66% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹4.81 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹82.73 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹11.69 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 17.2% | |
| Net Profit Margin | -2.4% | |
| 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 Praveena Projects Private Limited, buy the company report.
Board of directors of Praveena Projects Private Limited
Praveena Projects 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 |
|---|---|---|---|---|
| Kolla Sambasiva Rao | Managing Director | 06 Oct 2016 | 10 Years 0 Months | Current |
| Vamsi Krishna Katta | Director | 06 Oct 2016 | 10 Years 0 Months | Current |
Shareholding
The shareholding of Praveena Projects Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Praveena Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Apr 2016 | 100032473 | Hdfc Bank Limited | ₹46.72 Lakh | Open | |
| 30 Jun 2015 | 10582382 | Hdfc Bank Limited | ₹76.2 Lakh | Open | |
| 13 Mar 2015 | 10562481 | Srei Equipment Finance Limited | ₹99.59 Lakh | Open | |
| 29 Nov 2014 | 10535147 | Srei Equipment Finance Limited | ₹1.49 Cr | Open | |
| 30 Sep 2014 | 10535142 | Srei Equipment Finance Limited | ₹1.02 Cr | Open |
Total charge records: 9 View all charges
Legal cases
Praveena Projects Private Limited has 6 court cases on record: 6 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by M/S Srei Equipment Finance Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Srei Equipment Finance Ltd | Disposed |
| District court, BALLARI, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, BALLARI, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, VIJAYANAGAR, Karnataka | Motor accident claim | Filed against the company | Disposed |
To see the full case history of Praveena Projects Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Praveena Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Praveena Projects has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Praveena Projects Private Limited, buy the company report.
Recent activity
Praveena Projects Private Limited has 8 board changes on record since 2014: 2 appointments and 6 cessations. The latest: Patibandla Prabhakar ceased to be Director on 07 Oct 2016.
8 earlier events are in the company report.
Frequently asked questions
Praveena Projects is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 21 July 2005 (21+ years old) and is registered under CIN U29309AP2005PTC046932.
Praveena Projects has 2 current directors:
- Kolla Sambasiva Rao - Managing Director
- Vamsi Krishna Katta - Director
The latest financial statements of Praveena Projects on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 29 September 2016. Year-wise statements from 2015 are in the company report.
No. Praveena Projects has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Praveena Projects is U29309AP2005PTC046932. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Praveena Projects has 6 court cases on record: 6 filed against it. 1 is pending.
Praveena Projects was incorporated on 21 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Vijayawada.
Patibandla Prabhakar ceased to be Director on 07 Oct 2016. Poojitha Kancharla ceased to be Director on 07 Oct 2016. Kolla Sambasiva Rao was appointed as Managing Director on 06 Oct 2016. Praveena Projects has 8 board changes on record in total.
The registered office of Praveena Projects is at 61861 Srivarshini Aptseast Point Colony Visakhapatnam – 530017, Andhra Pradesh, India – 530017.
Praveena Projects operates in the metals and minerals industry, in the mining and mineral extraction segment.