Praxis Future Tech LLP
About Praxis Future Tech LLP
Data last updated:
Praxis Future Tech LLP was a limited liability partnership (LLP) based in Bangalore, Karnataka, India. The LLP has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 14 July 2020.
The LLP was registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAS-8846. Its GSTIN is 29AAYFP8734C1ZK (Karnataka).
The LLP had a total obligation of contribution of ₹10,000. It was led by designated partners Sandeep Kumar Maini and Vikrant Maini.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office was at 6th Floor 603 & 604 131 Devata Plaza Residency Road, Bangalore, Karnataka, India – 560025.
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- Registered Address6th Floor 603 & 604 131 Devata Plaza Residency Road, Bangalore, Karnataka, India – 560025
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
- 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
Financials of Praxis Future Tech LLP FY 2025 filings available
Financial Statement Summary of Praxis Future Tech LLP
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | •••• | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Praxis Future Tech LLP
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Praxis Future Tech are in the company report.
Financial statements from FY 2021
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.
Designated Partners of Praxis Future Tech LLP
Praxis Future Tech has 2 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Kumar Maini Also directs: Virya Mobility 5.0 LLP, Maini Rental Solutions LLP, Maini Plastics and Composites Private Limited and 5 more | Designated Partner | 14 Jul 2020 | 6 Years 2 Months | As last reported |
| Vikrant Maini | Designated Partner | 15 Jul 2021 | 5 Years 2 Months | As last reported |
Charges & Borrowings of Praxis Future Tech LLP
Praxis Future Tech LLP does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Praxis Future Tech LLP
Employment history and EPFO contributions of people linked to Praxis Future Tech.
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.
Recent Activity on Praxis Future Tech LLP
Praxis Future Tech LLP has 3 designated partner changes on record since 2020: 2 appointments and 1 cessation. The latest: Sanjay Lalchand Mahtani ceased to be Designated Partner on 15 Jul 2021.
Credit Ratings, Litigation & Regulatory Alerts for Praxis Future Tech LLP
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 Future Tech LLP
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 Future Tech LLP
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.
GST Compliance of Praxis Future Tech LLP
Praxis Future Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAYFP8734C1ZK | Karnataka | Active | 10 Aug 2020 |
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.
MCA Filings & Documents of Praxis Future Tech LLP
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.
Frequently Asked Questions about Praxis Future Tech LLP
Praxis Future Tech has a status of "Struck Off" as per MCA records. This means the LLP has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off LLP cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Praxis Future Tech was a limited liability partnership based in Bangalore, Karnataka, India. The LLP worked in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 14 July 2020 and is registered under LLPIN AAS-8846. The LLP has been struck off by the Registrar of Companies and is no longer operational.
Praxis Future Tech had 2 designated partners:
- Sandeep Kumar Maini - Designated Partner
- Vikrant Maini - Designated Partner
The LLPIN (Limited Liability Partnership Identification Number) of Praxis Future Tech is AAS-8846. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
The registered office of Praxis Future Tech is at 6th Floor 603 & 604 131 Devata Plaza Residency Road, Bangalore, Karnataka, India – 560025.
Praxis Future Tech was incorporated on 14 July 2020. It is registered with the Registrar of Companies, Bangalore.
The total obligation of contribution is ₹10,000.
The GSTIN of Praxis Future Tech is 29AAYFP8734C1ZK, registered in Karnataka.
Praxis Future Tech operated in the machinery and equipment industry, in the industrial products retail and distribution segment. It worked in this industry before it was struck off.
Sanjay Lalchand Mahtani ceased to be Designated Partner on 15 Jul 2021. Vikrant Maini was appointed as Designated Partner on 15 Jul 2021. Sandeep Kumar Maini was appointed as Designated Partner on 14 Jul 2020.