Praveg Limited - Company Profile

Q: Who are the current directors of Praveg Limited?

The current directors of Praveg Limited are Rajendrakumar Chaturbhai Patel, Alpeshkumar Parshottambhai Patel, Kalpesh Ramanlal Patel, Mukeshkumar Sohanram Chaudhary, Parikh Bijal Kiran, Pooja Hemang Khakhi, Keyoor Madhusudan Bakshi, Dharmendrakumar Manilal Soni, Ajit Kumar Panda, Patel Vishnukumar Vitthaldas, Dilipkumar Patel Chunilal.

It is a travel and hospitality public limited company based in Daskroi, Gujarat, India, established in 1995.

1995 Daskroi, Gujarat, India Active

Last Updated: January 05, 2026

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About Praveg Limited

Praveg Limited, a active public limited company, was established on 28 February 1995 in Daskroi, Gujarat, India. Engaging in hotel & accommodation services within the accommodation and food service sector, it holds CIN: L24231GJ1995PLC024809. Registered under ROC Roc Ahmedabad. it is listed on BSE: 531637. It has an authorized capital of ₹40.00 Cr and a paid-up capital of ₹26.14 Cr.

Formerly known as Sword And Shield Pharma Ltd. It upholds a compliant status. In 2024, it reported revenue of ₹94.37 Cr and a net worth of ₹287.76 Cr. Employing 440 professional, Its leadership includes Rajendrakumar Chaturbhai Patel (Director), Alpeshkumar Parshottambhai Patel (Director), Kalpesh Ramanlal Patel (Director). Past directors included Bhumit Vinodkumar Patel, Prolina Pitambar Barada, Paraskumar Maneklal Patel. It holds ₹11.25 Cr open charges and ₹13.18 Cr settled loans. Its latest AGM occurred on 12 August 2025, with the balance sheet filed on 31 March 2025. It is based at 18Th Floor, Westport,, Opp. Montecristo Banquet, Sindhu Bhawan Road, Thaltej,, Daskroi, Gujarat, 380059.

Company Details

CIN/LLPIN
L24231GJ1995PLC024809
Registration Number
024809
Incorporation Date
28 February 1995
Authorized Capital
₹40.00 Cr
Paid-Up Capital
₹26.14 Cr
ROC Code
Roc Ahmedabad
Listing Status
Listed (BSE: 531637)
Company Status
Active

Key Metrics

Authorised Capital ₹ 40.00 Cr as on 05-01-2026
Paid Up Capital ₹ 26.14 Cr as on 05-01-2026
Company Age 30 Year, 11 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 11.25 Cr as on 05-01-2026
Satisfied Charges ₹ 13.18 Cr as on 05-01-2026
Revenue Growth **** 11.34% (FY 2024)
Profit Growth **** -54.57% (FY 2024)
Ebitda **** -9.12% (FY 2024)
Net Worth 155.81% (FY 2024)
Total Assets **** 190.14% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Praveg Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Praveg Limited?

Current Directors

Name	Designation	Appointment Date	Status
Rajendrakumar Chaturbhai Patel	Director	22 Aug 2020	Current
Alpeshkumar Parshottambhai Patel	Director	10 Aug 2024	Current
Kalpesh Ramanlal Patel	Director	10 Aug 2024	Current
Mukeshkumar Sohanram Chaudhary	Company Secretary	01 Jul 2022	Current
Parikh Bijal Kiran	Director	14 Aug 2023	Current
Pooja Hemang Khakhi	Director	30 May 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	21 Sep 2023	Past
Pramod Abcsdd	Additional Director	28 Nov 2022	Past
Pramod Abcsdd	Managing Director	16 Sep 2023	Past
Pramod Abcsdd	Additional Director	28 Sep 2020	Past
Pramod Abcsdd	Director	22 Aug 2020	Past
Pramod Abcsdd	Director	29 Oct 2022	Past

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Financial Performance of Praveg.

Praveg Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 11.34% increase. The company also saw a substantial fall in profitability, with a 54.57% decrease in profit. The company's net worth Soared by an impressive increase of 155.81%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

11.34%

*******

Revenue from Operations

*******

8.34%

*******

Total Assets

*******

190.14%

*******

Profit or Loss

*******

-54.57%

*******

Net Worth

*******

155.81%

*******

EBITDA

*******

-9.12%

*******

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What is the Ownership and Shareholding Structure of Praveg?

In 2024, Praveg had a promoter holding of 48.18% and a public holding of 51.80%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹112,500,000.00

Satisfied Charges

₹131,839,000.00

Charges Breakdown by Lending Institutions

State Bank Of India : 11.25 Cr

Latest Charge Details

Date	Lender	Amount	Status
21 Oct 2024	State Bank Of India	₹11.25 Cr	Open
13 May 2021	Others	₹3.83 M	Satisfied
13 May 2021	Others	₹3.78 M	Satisfied
24 Oct 2019	Others	₹6.65 M	Satisfied
31 May 2019	Indian Bank	₹4.10 M	Satisfied

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How Many Employees Work at Praveg?

Praveg has a workforce of 440 employees as of Apr 10, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Praveg, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Praveg's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Praveg

Recent Activity within the Organization

Annual General Meeting

Praveg Limited last Annual general meeting of members was held on 12 Aug 2025 as per latest MCA records. was recorded as a recent event.
12 Aug 2025
Balance Sheet

The activity Praveg Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.
31 Mar 2025
Charges

A charge registered on 25 Mar 2010 via Charge ID 10213438 with Indian Bank was fully satisfied on 20 Feb 2025. was recorded as a recent event.
20 Feb 2025
Charges

A charge with State Bank Of India amounted to Rs. 11.25 Cr with Charge ID 101001900 was registered on 21 Oct 2024. was recorded as a recent event.
21 Oct 2024
Director Appointment

Progress on Dilipkumar Patel Chunilal was appointed as a Director was appointed as a Director on 30 Sep 2024 & has been associated with this company since 1 year 4 months . was documented.
30 Sep 2024
Director Appointment

Progress on Alpeshkumar Parshottambhai Patel was appointed as a Director was appointed as a Director on 10 Aug 2024 & has been associated with this company since 1 year 6 months . was documented.
10 Aug 2024

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