Prayaas Packagings Private Limited
About Prayaas Packagings Private Limited
Data last updated:
Prayaas Packagings Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 14 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U25200WB2009PTC137784. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.66 Cr. It was formerly known as Sara Coplast Packagings Private Limited. It is led by directors including Ashok Kumar Singhania and Anil Kumar Vijay.
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 Vijay Bhavan 100 Diamond Harbour Road Kidderpore, Kolkata, West Bengal, India – 700023.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.58 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹40.54 Lakh (net margin -383%) and EBITDA of ₹10.49 Lakh (EBITDA margin 99.1%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 58% over five years.
As per MCA filings, the company has open charges of ₹13.01 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Prayaas Packagings Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressVijay Bhavan 100 Diamond Harbour Road Kidderpore, Kolkata, West Bengal, India – 700023
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Prayaas Packagings 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
Financials of Prayaas Packagings Private Limited
FY 2024 filings availablePrayaas Packagings Private Limited reported revenue of ₹10.58 Lakh (up 595% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 595% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 58%. EBITDA rose 717% 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 | ₹10.49 Lakh | ||||
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| Net Profit (PAT) | -₹40.54 Lakh | ||||
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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 | 99.1% | ||||
| Net Profit Margin | -383% | ||||
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To see the full financial statements and ratios of Prayaas Packagings Private Limited, buy the company report.
Board of directors of Prayaas Packagings Private Limited
Prayaas Packagings has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Singhania | Director | 20 Jun 2016 | 10 Years 4 Months | Current |
| Anil Kumar Vijay | Director | 14 Aug 2009 | 17 Years 2 Months | Current |
| Biplab Ghosh Also directs: Bristi Real-Tech Private Limited | Director | 15 May 2019 | 7 Years 5 Months | Current |
| Vijay Kumar Makharia | Director | 20 Jun 2016 | 10 Years 4 Months | Current |
Peer comparison
Prayaas Packagings Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Positron Industries Private Limited | ₹10.79 Lakh (FY 2023) | Bangalore, Karnataka, India | ||||
| Horizon Global Limited | ₹10.73 Lakh (FY 2024) | -91.0% | New Delhi, Delhi, India | |||
| Force Components Private Limited | ₹10.7 Lakh (FY 2023) | -13.0% | Mumbai, Maharashtra, India | |||
| Beta Poly Plast Private Limited | ₹10.59 Lakh (FY 2024) | -6.0% | Ankleshwar, Gujarat, India | |||
| Prayaas Packagings Private Limitedthis company | ₹10.58 Lakh (FY 2024) | -₹40.54 Lakh | -383% | 595.0% | Kolkata, West Bengal, India | |
| Finery Rubber Products Private Limited | ₹10.32 Lakh (FY 2025) | Thrissur, Kerala, India |
To see the full peer comparison of Prayaas Packagings Private Limited, buy the company report.
Auditor
Prayaas Packagings Private Limited is audited by DUTTA GHOSH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DUTTA GHOSH & ASSOCIATES | FY 2023 | 309088E |
Shareholding
The shareholding of Prayaas Packagings Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Prayaas Packagings Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2015 | 10578285 | Yes Bank Limited | ₹5 Cr | Open | |
| 02 Jun 2010 | 10227339 | Allahabad Bank | ₹8.01 Cr | Open |
To see the full charge records of Prayaas Packagings Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Prayaas Packagings Private Limited has 5 court cases on record: 1 filed by Prayaas Packagings, 4 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Criminal case | Filed against the company by M/S.Power2sme Pvt.Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Ms. Vimal Intertrade Pvt. Ltd. Th Mr. Bhavesh Chimanlal Shah | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Mihijam Vanaspati Ltd. 5 Others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Ms Vimal Intertrade Pvt Ltd | Disposed |
| NCLT, Kolkata | Insolvency matter | Filed against the company by JJ Plastalloy Private Limited | Disposed |
To see the full case history of Prayaas Packagings 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 Prayaas Packagings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prayaas Packagings has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Prayaas Packagings Private Limited, buy the company report.
Recent activity
Prayaas Packagings Private Limited has 9 board changes on record since 2009: 4 appointments and 5 cessations. The latest: Biplab Ghosh ceased to be Additional Director on 30 Sep 2019.
3 earlier events are in the company report.
Frequently asked questions
Prayaas Packagings is an active private limited company based in Kolkata, West Bengal, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 14 August 2009 (17+ years old) and is registered under CIN U25200WB2009PTC137784.
Prayaas Packagings has 4 current directors:
- Ashok Kumar Singhania - Director
- Anil Kumar Vijay - Director
- Biplab Ghosh - Director
- Vijay Kumar Makharia - Director
The latest financial statements of Prayaas Packagings 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.
No. Prayaas Packagings has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Prayaas Packagings is U25200WB2009PTC137784. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prayaas Packagings has 5 court cases on record: 1 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Prayaas Packagings was incorporated on 14 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Prayaas Packagings by revenue are Positron Industries Private Limited, Horizon Global Limited, Force Components Private Limited, Beta Poly Plast Private Limited, Finery Rubber Products Private Limited, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Biplab Ghosh ceased to be Additional Director on 30 Sep 2019. Biplab Ghosh was appointed as Director on 15 May 2019. Ashok Kumar Singhania ceased to be Additional Director on 30 Sep 2016. Prayaas Packagings has 9 board changes on record in total.
The registered office of Prayaas Packagings is at Vijay Bhavan 100 Diamond Harbour Road Kidderpore, Kolkata, West Bengal, India – 700023.
Prayaas Packagings operates in the manufacturing industry, in the plastic and resins segment.
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