About Praveg Limited
Data last updated: 14 July 2026
Praveg Limited is a public limited company based in Daskroi, Gujarat, India. It specialises in hotel and accommodation services, a part of the broader travel and hospitality sector. Incorporated on 28 February 1995, the company has been in operation for over 31 years.
Registered with ROC Ahmedabad under CIN L24231GJ1995PLC024809. Listed on BSE: 531637.
Capital: an authorised share capital of ₹40 Cr and a paid-up capital of ₹26.14 Cr. Formerly known as Sword and Shield Pharma Ltd. It is led by directors including Ajit Kumar Panda and Rajendrakumar Chaturbhai Patel.
Last AGM: 12 August 2025. Financial statements filed for year ended 31 March 2025. Office: Daskroi, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹174.43 Cr, a growth of 84% compared to the previous year.
The company has a workforce of approximately 440 employees as per the latest available data. Its group structure includes 1 subsidiary.
The company is associated with 2 brands - Whiterannresort, Praveg. As per MCA filings, the company has open charges of ₹22 Cr and satisfied charges of ₹13.18 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 praveg.com.
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Registered Address18Th Floor Westport, Opp. Montecristo Banquet Sindhu Bhawan Road Thaltej, Daskroi, Gujarat, India – 380059
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IndustryTravel and Hospitality, Hotel & Accommodation Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Praveg Limited
Praveg Limited operates two associated brands: Whiterannresort and Praveg. These brands represent Praveg Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Event management, exhibitions, tourism, and hospitality services are offered. | praveg.com | |
| Offers luxurious tented stays, cultural programs, and adventure activities during Rann Utsav festival. | whiterannresort.com |
Competitors & Alternatives of Praveg Limited
Brands and companies operating in the same space as Praveg Limited include Lemon Tree Hotels, FabHotels, Radisson Hotels and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Lemon Tree Hotels
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A chain of hotels and resorts is operated. | Delhi, India, India | 2002 |
FabHotels
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Online hotel booking platform | Gurugram, India, India | 2014 |
Radisson Hotels
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A network of hotels and resorts is operated internationally. | Minnetonka, United States, United States | 1909 |
Indian Hotels
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Luxury hotels and resorts are owned and operated internationally. | Mumbai, India, India | 1903 |
Club Mahindra
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Listings of hotels and restaurants are facilitated via the platform. | Mumbai, India, India | 1996 |
Millennium & Copthorne Hotels
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Hospitality management services provider | London, United Kingdom, United Kingdom | 1989 |
Vatika Group
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Real estate development services are provided in India. | Gurugram, India, India | 1986 |
Business Activity of Praveg Limited
Praveg Limited is engaged in principal business activities including accommodation and food service and information and communication, with detailed activities including accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc., other information & communication service activities. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | Locked |
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details for Praveg Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Praveg Limited
Praveg Limited is audited by B. K. Patel & Co. for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B. K. Patel & Co. | Locked | Locked | Locked |
Complete auditor history for Praveg Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Praveg Limited
Praveg Limited is currently managed by 8 directors, with 18 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Kumar Panda | Director | 22 Aug 2020 | 5 Years 11 Months | Current |
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Rajendrakumar Chaturbhai Patel
Also directs:
Patels Airtemp (India) Limited
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Director | 22 Aug 2020 | 5 Years 11 Months | Current |
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Vishnukumar Vitthaldas Patel
Also directs:
Praveg Rannutsav Private Limited, Jhaveri Credits And Capital Limited, U R Energy (Solar) Private Limited and 5 more
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Director | 27 Jan 2020 | 6 Years 6 Months | Current |
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Alpeshkumar Parshottambhai Patel
Also directs:
Navkar Infracon Llp, Das Infrabuild Llp, Das Resorts And Hotels Private Limited and 2 more
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Director | 10 Aug 2024 | 2 Years 0 Months | Current |
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Dilipkumar Patel Chunilal
Also directs:
Shivshakti Tradelink Private Limited
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Director | 30 Sep 2024 | 1 Years 10 Months | Current |
| Kalpesh Ramanlal Patel | Director | 10 Aug 2024 | 2 Years 0 Months | Current |
Financials of Praveg Limited FY 2025 filings available
Praveg Limited reported revenue of ₹174.43 Cr (up 84.00% YoY) for FY 2025.
Ten-year financial statements for Praveg Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Praveg Limited
Shareholding and ownership data for Praveg Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Group Structure of Praveg Limited
Praveg Limited has 1 subsidiary company. This group structure data is as of FY 2024. The corporate group structure reflects Praveg Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Praveg Adalaj Tourism Infrastructure Private Limited | U45202GJ2022PTC133994 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Praveg Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Oct 2024 | State Bank of India | ₹22 Cr | Open |
| 13 May 2021 | Others | ₹38.3 Lakh | Satisfied |
| 13 May 2021 | Others | ₹37.79 Lakh | Satisfied |
| 24 Oct 2019 | Others | ₹66.5 Lakh | Satisfied |
| 31 May 2019 | Indian Bank | ₹41 Lakh | Satisfied |
Total charge records: 9 View all charges
Employees and EPFO Compliance at Praveg Limited
Praveg Limited has a workforce of 440 employees as of Apr 10, 2025.
Employee and EPFO history for Praveg Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Praveg Limited
GST registrations and filing compliance for Praveg Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Praveg Limited
Credit ratings, litigation, and regulatory alerts for Praveg Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Praveg Limited
MSME payment history for Praveg Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Praveg Limited
Corporate group structure for Praveg Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Praveg Limited
MCA filings and documents for Praveg Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Praveg Limited
Frequently Asked Questions about Praveg Limited
Praveg Limited is an active public limited company in the travel and hospitality sector based in Daskroi, Gujarat, India. It was incorporated on 28 February 1995 (31+ years old) and is registered under CIN L24231GJ1995PLC024809. Listed on BSE: 531637. The company has 440 employees.
Praveg Limited reported revenue of ₹174.43 Cr for FY 2025 (up 84.00% YoY).
The current directors of Praveg Limited are:
- Ajit Kumar Panda - Director
- Rajendrakumar Chaturbhai Patel - Director
- Vishnukumar Vitthaldas Patel - Director
- Alpeshkumar Parshottambhai Patel - Director
- Dilipkumar Patel Chunilal - Director
- Kalpesh Ramanlal Patel - Director
- Bijal Kiran Parikh - Director
- Pooja Hemang Khakhi - Director
The primary industry of Praveg Limited is travel and hospitality. The company specifically operates in hotel and accommodation services. The company is currently active in this sector.
Yes. Praveg Limited is listed on BSE with code 531637.
Praveg Limited can be reached at the registered office: 18Th Floor Westport, Opp. Montecristo Banquet Sindhu Bhawan Road Thaltej, Daskroi, Gujarat, India – 380059, or through the website praveg.com.