MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-26-0307183
Praxys Project Engineers Private Limited - infrastructure and utilities in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹19.53 Cr
▲ 2458% YoY
Net profit · FY 2024
₹13.42 Cr
Net margin 68.7%
EBITDA · FY 2024
₹15.63 Cr
EBITDA margin 80%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
29 yrs
Est. 1997
Employees · EPFO
15
Provident fund records
Directors on board
2
As per MCA filings
About Praxys Project Engineers Private Limited
Data last updated:
Praxys Project Engineers Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the infrastructure project management segment of the infrastructure and utilities sector. It was incorporated on 29 April 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U93000PN1997PTC175860. Its GSTIN is 27AADCS2944M1ZZ (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Praxys Project Services Limited and Praxys Project Engineers Limited. It is led by directors Param Ajay Mehta and Shailesh Omprakash Ghan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 103 Pentagon P3 Magarpatta City Hadapsar, Pune, Maharashtra, India – 411013.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.53 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹13.42 Cr (net margin 68.7%) and EBITDA of ₹15.63 Cr (EBITDA margin 80%). Revenue has declined at a compounded annual rate (CAGR) of 96% over three years and 1% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
Praxys Project Engineers Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-26-0307183). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website praxysengg.com.
Company details
CIN U93000PN1997PTC175860
Registration Number 175860
Incorporation Date 29 April 1997
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-26-0307183
Name history
Praxys Project Engineers has undergone 7 name changes throughout its history. The current legal name is Praxys Project Engineers Private Limited.
| Company Name | Status |
|---|---|
| Praxys Project Engineers Private Limited | Current |
| Praxys Project Services Limited | Previous |
| Praxys Project Engineers Limited | Previous |
| Praxis Project Engineers Limited | Previous |
| Signassure Services (India) Limited | Previous |
| Praxis Project Services Limited | Previous |
| Palladium Project Services Limited | Previous |
CIN history
Praxys Project Engineers has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U93000PN1997PTC175860, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93000PN1997PTC175860 | Current |
| U74999PN1997PLC175860 | Previous |
| U93000PN1997PLC175860 | Previous |
| U74999MH1997PLC107630 | Previous |
Recognitions & Rankings of Praxys Project Engineers
Contact details
Praxys Project Engineers Private Limited's registered office is in Pune, Maharashtra.
- Social Media
- Registered Address103 Pentagon P3 Magarpatta City Hadapsar, Pune, Maharashtra, India – 411013
- IndustryInfrastructure and Utilities, Infrastructure Project Management
Comprehensive company report
Praxys Project Engineers Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Praxys Project Engineers is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Praxys Project Engineers Private Limited, buy the company report.
Financials of Praxys Project Engineers Private Limited
FY 2024 filings availablePraxys Project Engineers Private Limited reported revenue of ₹19.53 Cr (up 2458% YoY) for FY 2024.
Revenue · FY 2024
₹19.53 Cr ▲ 2458%
Net profit · FY 2024
₹13.42 Cr margin 68.7%
EBITDA · FY 2024
₹15.63 Cr margin 80%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 96%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 547%
3 years · compounded
▲ 86%
5 years · compounded
▲ 62%
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years. EBITDA rose 547% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹15.63 Cr | ||||
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| Net Profit (PAT) | ₹13.42 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 80% | ||||
| Net Profit Margin | 68.7% | ||||
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To see the full financial statements and ratios of Praxys Project Engineers Private Limited, buy the company report.
Board of directors of Praxys Project Engineers Private Limited
Praxys Project Engineers has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Param Ajay Mehta | Director | 01 Mar 2019 | 7 Years 7 Months | Current |
| Shailesh Omprakash Ghan | Director | 14 Aug 2017 | 9 Years 2 Months | Current |
Legal cases
No court or tribunal cases involving Praxys Project Engineers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Praxys Project Engineers Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 3 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Praxys Project Engineers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Praxys Project Engineers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCS2944M1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Praxys Project Engineers Private Limited, buy the company report.
Recent activity
Praxys Project Engineers Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Rohit Prabhudas Shah ceased to be Director on 03 Mar 2025.
Ceased
Rohit Prabhudas Shah ceased to be Director.
AGM
Praxys Project Engineers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Praxys Project Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Ceased
Chandrasekaran Seetharaman ceased to be Director.
Ceased
Param Ajay Mehta ceased to be Additional Director.
Ceased
Deepak Amratlal Desai ceased to be Director.
Appointed
Param Ajay Mehta was appointed as Director.
Ceased
Shailesh Omprakash Ghan ceased to be Additional Director.
Appointed
Shailesh Omprakash Ghan was appointed as Director.
Ceased
Ajay Chimanlal Mehta ceased to be Director.
Incorporation
29 Apr 1997
Praxys Project Engineers Private Limited was registered on 29 Apr 1997 with Roc Pune & aged 29 years 5 months as per MCA records.
Frequently asked questions
Praxys Project Engineers is an active private limited company based in Pune, Maharashtra, India. The company works in infrastructure project management, within the infrastructure and utilities industry. It was incorporated on 29 April 1997 (29+ years old) and is registered under CIN U93000PN1997PTC175860.
Praxys Project Engineers has 2 current directors:
- Param Ajay Mehta - Director
- Shailesh Omprakash Ghan - Director
The latest financial statements of Praxys Project Engineers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Praxys Project Engineers is 27AADCS2944M1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Praxys Project Engineers is U93000PN1997PTC175860. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Praxys Project Engineers was incorporated on 29 April 1997, making it 29+ years old. It is registered with the Registrar of Companies, Pune.
Rohit Prabhudas Shah ceased to be Director on 03 Mar 2025. Chandrasekaran Seetharaman ceased to be Director on 10 Jun 2021. Param Ajay Mehta ceased to be Additional Director on 27 Sep 2019. Praxys Project Engineers has 8 board changes on record in total.
Yes, Praxys Project Engineers is registered as an MSME under Udyam registration (number: UDYAM-MH-26-0307183).
Praxys Project Engineers has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 3 overdue payments to 2 micro and small suppliers. The latest return was filed on 31 May 2019.
Praxys Project Engineers can be reached through the website praxysengg.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Praxys Project Engineers is at 103 Pentagon P3 Magarpatta City Hadapsar, Pune, Maharashtra, India – 411013.