About Praxis Developers India Private Limited
Data last updated:
Praxis Developers India Private Limited is a private limited company based in Gurgaon, Haryana, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 26 September 2013.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70101HR2013PTC050525. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Saryam Bano and Amit Munjal.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 847 8th Floor Jmd Meghapolis Sector 48 Sohna Road, Gurgaon, Haryana, India – 122017.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.39 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹7.89 Lakh and EBITDA of -₹8.81 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 580% over three years.
The last known website on record is pdipl.in.
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- Website
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- Registered Address847 8th Floor Jmd Meghapolis Sector 48 Sohna Road, Gurgaon, Haryana, India – 122017
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
- 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
- One PDF report, delivered after checkout
Auditor Details of Praxis Developers India Private Limited
Praxis Developers India Private Limited is audited by SHANKAR SOLANKI & ASSOCIATES for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHANKAR SOLANKI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Praxis Developers India Private Limited
Praxis Developers India has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saryam Bano | Director | 01 May 2018 | 8 Years 5 Months | As last reported |
| Amit Munjal | Director | 21 Apr 2017 | 9 Years 5 Months | As last reported |
| Azad Hussain Also directs: Praxis Buildcon Private Limited | Director | 30 Dec 2015 | 10 Years 9 Months | As last reported |
Financials of Praxis Developers India Private Limited FY 2018 filings available
Praxis Developers India Private Limited reported revenue of ₹1.39 Lakh (up 714% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of Praxis Developers India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 580% over three years, including 714% growth in the latest year. EBITDA rose 97% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Praxis Developers India Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹8.81 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7.89 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 of Praxis Developers India Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Praxis Developers India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Praxis Developers India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Praxis Developers India Private Limited
Praxis Developers India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Praxis Developers India Private Limited
Employment history and EPFO contributions of people linked to Praxis Developers India.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Praxis Developers India Private Limited
Praxis Developers India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Praxis Developers India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Praxis Developers India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Praxis Developers India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Praxis Developers India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Praxis Developers India Private Limited
Frequently Asked Questions about Praxis Developers India Private Limited
Praxis Developers India is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Praxis Developers India is a company under insolvency, formerly operating as a private limited company based in Gurgaon, Haryana, India. The company works in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 26 September 2013 and is registered under CIN U70101HR2013PTC050525. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Praxis Developers India reported revenue of ₹1.39 Lakh for FY 2017 (up 714% YoY).
Praxis Developers India has 3 current directors:
- Saryam Bano - Director
- Amit Munjal - Director
- Azad Hussain - Director
Praxis Developers India reported a net loss of ₹7.89 Lakh and EBITDA of -₹8.81 Lakh for FY 2017, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Praxis Developers India is 580% over three years. In the latest year (FY 2017) revenue rose 714%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Praxis Developers India is U70101HR2013PTC050525. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Praxis Developers India was incorporated on 26 September 2013. It is registered with the Registrar of Companies, Delhi.
Praxis Developers India can be reached through the website pdipl.in. Its registered office is in Gurgaon, Haryana, India.