About Praxis I-Technologies Private Limited
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Praxis I-Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the security and surveillance segment of the business services sector. It was incorporated on 15 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2006PTC049163. Its GSTIN is 36AADCP8687N1ZH (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Hari Krishna Jonnalagadda (Whole-Time Director) and Deepika Jonnalagadda.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2019, the company reported a revenue of ₹15.67 Lakh, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹6.13 Lakh (net margin -39.1%) and EBITDA of -₹3.85 Lakh (EBITDA margin -24.6%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 32% over five years.
Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website praxistechnologies.com.
Company details
CIN history
Praxis I-Technologies has one previous CIN (Corporate Identification Number): U72200AP2006PTC049163. The current CIN is U72200TG2006PTC049163, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2006PTC049163 | Current |
| U72200AP2006PTC049163 | Previous |
Contact details
Praxis I-Technologies Private Limited's registered office is in Hyderabad, Telangana. Its website is praxistechnologies.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1 – 10 – 68/4 Plot No 52 Flat No 302 Srinivasa Nilayam Chikoti Gardens Begu, Mpet, Hyderabad, Telangana, India – 500016
- IndustryBusiness Services, Security & Surveillance
To see the full contact details of Praxis I-Technologies 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
Business activity
The main business activities of Praxis I-Technologies are information and communication and trade. In detail, this covers computer programming, consultancy and related activities and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Praxis I-Technologies Private Limited, buy the company report.
Financials of Praxis I-Technologies Private Limited
FY 2019 filings availablePraxis I-Technologies Private Limited reported revenue of ₹15.67 Lakh (down 60% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 60% fall in the latest year. EBITDA fell 174% 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹3.85 Lakh | ||||
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| Net Profit (PAT) | -₹6.13 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | -24.6% | ||||
| Net Profit Margin | -39.1% | ||||
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To see the full financial statements and ratios of Praxis I-Technologies Private Limited, buy the company report.
Board of directors of Praxis I-Technologies Private Limited
Praxis I-Technologies has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hari Krishna Jonnalagadda Also directs: Identive Technologies Limited Liability Partnership | Whole-Time Director | 15 Feb 2006 | 20 Years 8 Months | Current |
| Deepika Jonnalagadda Also directs: Identive Technologies Limited Liability Partnership | Director | 15 Feb 2006 | 20 Years 8 Months | Current |
| Venkatasurya Prakash Bhaskarabatla Also directs: Podo Trace LLP, RFS Energy LLP, International Science and Technology India Private Limited and 2 more | Additional Director | 30 Jul 2021 | 5 Years 3 Months | Current |
Auditor
Praxis I-Technologies Private Limited is audited by SIVA KRISHNA & NARAYAN CHARTERED ACCOUNTANTS for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SIVA KRISHNA & NARAYAN CHARTERED ACCOUNTANTS | FY 2016 | 206635 |
Shareholding
The shareholding of Praxis I-Technologies Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Praxis I-Technologies Private Limited, buy the company report.
Legal cases
Praxis I-Technologies Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Medchal Malkajgiri, Telangana | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Rangareddy, Telangana | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Praxis I-Technologies 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 Praxis I-Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Praxis I-Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCP8687N1ZH | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Praxis I-Technologies Private Limited, buy the company report.
Recent activity
Praxis I-Technologies Private Limited has 7 board changes on record since 2006: 5 appointments and 2 cessations. The latest: Venkatasurya Prakash Bhaskarabatla was appointed as Additional Director on 30 Jul 2021.
Frequently asked questions
Praxis I-Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in security and surveillance, within the business services industry. It was incorporated on 15 February 2006 (20+ years old) and is registered under CIN U72200TG2006PTC049163.
Praxis I-Technologies has 3 current directors:
- Hari Krishna Jonnalagadda - Whole-Time Director
- Deepika Jonnalagadda - Director
- Venkatasurya Prakash Bhaskarabatla - Additional Director
The latest financial statements of Praxis I-Technologies on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Praxis I-Technologies is 36AADCP8687N1ZH, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Praxis I-Technologies is U72200TG2006PTC049163. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Praxis I-Technologies has 2 court cases on record: 2 filed against it.
Praxis I-Technologies was incorporated on 15 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Hyderabad.
Venkatasurya Prakash Bhaskarabatla was appointed as Additional Director on 30 Jul 2021. Goparaju Rama Krishna Paramahamsa ceased to be Director on 07 Oct 2015. Goparaju Sudharani ceased to be Director on 01 May 2014. Praxis I-Technologies has 7 board changes on record in total.
Praxis I-Technologies can be reached through the website praxistechnologies.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Praxis I-Technologies is at 1 – 10 – 684 Plot No 52 Flat No 302 Srinivasa Nilayam Chikoti Gardens Begu, Mpet, Hyderabad, Telangana, India – 500016.
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