Prayas Engineering Limited - Company Profile

It is a machinery and equipment public limited company based in Anand, Gujarat, India, established in 1963.
1963 Anand, Gujarat, India Active
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About Prayas Engineering Limited

Prayas Engineering Limited, a active public limited company, was established on 25 July 1963 in Anand, Gujarat, India. Engaging in material handling & storage equipment within the manufacturing sector, it holds CIN: U27310GJ1963PLC001222. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹0.21 K .

Formerly known as Prayas Castings Private Limited, Prayas Castings Limited. It upholds a compliant status. Its leadership includes Dineshbhai Manubhai Patel (Director), Ravin Ramanlal Shah (Director), Prayasvin Patel (Director). Past directors included Sudha Sumantrai Desai, Gurmukh Singh Kalra, Aishwarya Prayasvin Patel. It holds ₹67.90 Cr open charges and ₹1,148.79 Cr settled loans. Its latest AGM occurred on 15 September 2025, with the balance sheet filed on 31 March 2025. It is based at Annad -Sojitra Road Vallabh Vidyanagar, Anand, Gujarat, 388120.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U27310GJ1963PLC001222

  • Registration Number

    001222

  • Incorporation Date

    25 July 1963

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹0.21 K

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 0.21 K
  • Company Age 62 Year, 9 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 67.90 Cr
  • Satisfied Charges ₹ 1,148.79 Cr
  • Revenue Growth **** 45.15%
  • Profit Growth **** 60.39%
  • Ebitda **** 169.84%
  • Net Worth 29.45%
  • Total Assets **** 63.7%
Company report

Prayas Engineering Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Prayas Engineering Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Prayas Engineering Limited?
Current Directors
Name Designation Appointment Date Status
Dineshbhai Manubhai Patel Director 23 Mar 2017 Current
Ravin Ramanlal Shah Director 07 Dec 2020 Current
Prayasvin Patel Director 25 Jun 1976 Current
Nileshkumar Dhirubhai Shelat Additional Director 08 Nov 2025 Current
Vipul Harshadbhai Raval Additional Director 08 Nov 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 23 Mar 2017 Past
Pramod Abcsdd Director 05 Aug 2008 Past
Pramod Abcsdd Additional Director 01 Nov 2019 Past
Pramod Abcsdd Additional Director 29 Sep 2017 Past
Pramod Abcsdd Director 01 Jun 2020 Past
Pramod Abcsdd Additional Director 09 Aug 2021 Past

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Financial Performance of Prayas Engineering.

Prayas Engineering Limited, for the financial year ended 2025, experienced significant growth in revenue, with a 45.15% increase. The company also saw a substantial improvement in profitability, with a 60.39% increase in profit. The company's net worth Soared by an impressive increase of 29.45%.

Prayas Engineering revenue growth over time
Prayas Engineering profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 45.15%
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Revenue from Operations
*******
 46.6%
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*******
*******
Total Assets
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 63.7%
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*******
*******
*******
Profit or Loss
*******
 60.39%
*******
*******
*******
*******
Net Worth
*******
 29.45%
*******
*******
*******
*******
EBITDA
*******
 169.84%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Prayas Engineering?

In 2023, Prayas Engineering had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹679,000,000.00

Satisfied Charges

₹11,487,934,600.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 62.00 Cr
  • Yes Bank Limited : 5.90 Cr
Latest Charge Details
Date Lender Amount Status
25 Sep 2025 Yes Bank Limited ₹5.90 Cr Open
21 Mar 2016 Axis Bank Limited ₹62.00 Cr Open
17 Jun 2021 Idbi Bank Limited ₹1.96 Cr Satisfied
14 Feb 2018 Others ₹25.00 Cr Satisfied
02 Mar 2015 Sbicap Trustee Company Limited ₹964.50 Cr Satisfied

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How Many Employees Work at Prayas Engineering?

Unlock and access historical data on people associated with Prayas Engineering, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prayas Engineering, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Prayas Engineering's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Prayas Engineering
Recent Activity within the Organization
  • Charges

    A charge with Axis Bank Limited of Rs. 62.00 Cr registered on 21 Mar 2016 with Charge ID 100017956 was modified on 19 Jan 2026. was recorded as a recent event.

  • Director Appointment

    Progress on Nileshkumar Dhirubhai Shelat was appointed as a Additional Director was appointed as a Additional Director on 08 Nov 2025 & has been associated with this company since 6 months 4 days . was documented.

  • Director Appointment

    The activity Vipul Harshadbhai Raval was appointed as a Additional Director was appointed as a Additional Director on 08 Nov 2025 & has been associated with this company since 6 months 4 days . was completed.

  • Charges

    The activity A charge with Yes Bank Limited amounted to Rs. 5.90 Cr with Charge ID 101183275 was registered on 25 Sep 2025. was completed.

  • Annual General Meeting

    Progress on Prayas Engineering Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Prayas Engineering Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.

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Frequently Asked Questions
What is the CIN of Prayas Engineering Limited?

The CIN of Prayas Engineering Limited is U27310GJ1963PLC001222.

Where is Prayas Engineering Limited headquartered?

Prayas Engineering Limited is headquartered at Annad -Sojitra Road Vallabh Vidyanagar, Anand, Gujarat, 388120.

When was Prayas Engineering Limited incorporated?

Prayas Engineering Limited was incorporated on 25 July 1963.

Who are the current directors of Prayas Engineering Limited?

The current directors of Prayas Engineering Limited are

What is the primary industry of Prayas Engineering Limited?

The primary industry of Prayas Engineering Limited is Manufacturing.

Is Prayas Engineering Limited a listed company?

Prayas Engineering Limited is unlisted.

What is the capital structure of Prayas Engineering Limited?

The authorized capital of Prayas Engineering Limited is ₹2.00 Cr, and the paid-up capital is ₹0.21 K .

What is the compliance status of Prayas Engineering Limited?

The compliance status of Prayas Engineering Limited is Compliant.

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