Prayag Commotrade Private Limited
About Prayag Commotrade Private Limited
Data last updated:
Prayag Commotrade Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the general merchandise retail segment of the home appliances and consumer durables sector. It was incorporated on 09 June 2011.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U52190KA2011PTC143387.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.75 Lakh. It was led by directors Hema Kanunga and Ranjeet Kanunga.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Bangalore, Karnataka.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo 255B Bommasandra Industrial Area Bommasandra Village Attibelehobli Anek, Ul Taluk, Bangalore, Karnataka, India – 562106
- IndustryHome Appliances, Non Specialized Stores, Retailers
- 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 Prayag Commotrade Private Limited FY 2022 filings available
Prayag Commotrade Private Limited reported revenue of ₹8,950 (up 17% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Prayag Commotrade Private Limited
Revenue rose 17% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 4%. 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 Prayag Commotrade Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹8,950 | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 Prayag Commotrade Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 Prayag Commotrade 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.
Peer Comparison of Prayag Commotrade Private Limited
Prayag Commotrade Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Touchstone Sales Private Limited | ₹9,000 (FY 2025) | •••• | •••• | 34.0% | •••• | Kolkata, West Bengal, India |
| Prime Lending Financial Services Private Limited | ₹9,000 (FY 2025) | •••• | •••• | -77.0% | •••• | Hyderabad, Telangana, India |
| Sri Jaya Finance and Investments Private Limited | ₹9,000 (FY 2022) | •••• | •••• | -93.0% | •••• | Chennai, Tamil Nadu, India |
| Floral Finance Private Limited | ₹9,000 (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Gladiolus Commotrade Private Limited | ₹8,960 (FY 2025) | •••• | •••• | -27.0% | •••• | Howrah, West Bengal, India |
| Prayag Commotrade Private Limited this company | ₹8,950 (FY 2022) | •••• | •••• | 17.0% | •••• | Bangalore, Karnataka, India |
| Anant Bhavishya Mutual Benefit Nidhi Limited | ₹8,916 (FY 2020) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Sadbhawana Plot Managers Private Limited | ₹8,900 (FY 2023) | •••• | •••• | 46.0% | •••• | Kolkata, West Bengal, India |
| Narayani Trexim Private Limited | ₹8,900 (FY 2025) | •••• | •••• | 27.0% | •••• | Kolkata, West Bengal, India |
| Subhvani Vincom Private Limited | ₹8,860 (FY 2024) | •••• | •••• | 9.0% | •••• | Siliguri, West Bengal, India |
| Kancham Commercial Private Limited | ₹8,800 (FY 2024) | •••• | •••• | -100.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Prayag Commotrade by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Prayag Commotrade Private Limited
Prayag Commotrade Private Limited is audited by KUMAR ROYBARMAN PRASANTA & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KUMAR ROYBARMAN PRASANTA & 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 Prayag Commotrade Private Limited
Prayag Commotrade has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hema Kanunga Also directs: J.V.N. Exports Private Limited, Kanunga Industrial Parks Private Limited, Kanunga Kouri Private Limited and 2 more | Director | 20 Oct 2021 | 4 Years 11 Months | As last reported |
| Ranjeet Kanunga | Director | 20 Oct 2021 | 4 Years 11 Months | As last reported |
Ownership and Shareholding of Prayag Commotrade 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 Prayag Commotrade Private Limited
Prayag Commotrade Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Prayag Commotrade Private Limited
Employment history and EPFO contributions of people linked to Prayag Commotrade.
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.
CIN History of Prayag Commotrade Private Limited
Prayag Commotrade has one previous CIN (Corporate Identification Number): U52190WB2011PTC163570. The current CIN is U52190KA2011PTC143387, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52190KA2011PTC143387 | Current |
| U52190WB2011PTC163570 | Previous |
Recent Activity on Prayag Commotrade Private Limited
Prayag Commotrade Private Limited has 10 board changes on record since 2011: 2 appointments and 8 cessations. The latest: Gopal Chandra Sahoo ceased to be Director on 20 Oct 2021.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Prayag Commotrade 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 Prayag Commotrade 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 Prayag Commotrade 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.
GST Compliance of Prayag Commotrade Private Limited
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 Prayag Commotrade 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.
Frequently Asked Questions about Prayag Commotrade Private Limited
Prayag Commotrade has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Prayag Commotrade was a private limited company based in Bangalore, Karnataka, India. The company worked in non specialized stores, within the home appliances industry. It was incorporated on 09 June 2011 and is registered under CIN U52190KA2011PTC143387. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Prayag Commotrade was incorporated on 09 June 2011. It is registered with the Registrar of Companies, Bangalore.
Prayag Commotrade had 2 directors:
- Hema Kanunga - Director
- Ranjeet Kanunga - Director
The CIN (Corporate Identification Number) of Prayag Commotrade is U52190KA2011PTC143387. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Prayag Commotrade is at No 255B Bommasandra Industrial Area Bommasandra Village Attibelehobli Anek, Ul Taluk, Bangalore, Karnataka, India – 562106.
Prayag Commotrade has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.75 Lakh.
Prayag Commotrade operated in the home appliances industry, in the non specialized stores segment.
No. Prayag Commotrade is not listed on any stock exchange. It is an unlisted company.
The peers of Prayag Commotrade by revenue are Touchstone Sales Private Limited, Prime Lending Financial Services Private Limited, Sri Jaya Finance and Investments Private Limited, Floral Finance Private Limited, Gladiolus Commotrade Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Gopal Chandra Sahoo ceased to be Director on 20 Oct 2021. Hema Kanunga was appointed as Director on 20 Oct 2021. Manish Kumar Singh ceased to be Director on 20 Oct 2021. Prayag Commotrade has 10 board changes on record in total.