Prayas Financial Services Private Limited Company Logo

Prayas Financial Services Private Limited - Company Profile

It is a financial services private limited company based in Ahmadabad City, Gujarat, India, established in 2017.

2017 | Ahmadabad City, Gujarat, India | Active
Last Updated:

About Prayas Financial Services Private Limited

Prayas Financial Services Private Limited, a active private limited company, was established on 03 March 2017 in Ahmadabad City, Gujarat, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U67190GJ2017PTC096063. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹40.00 Cr and a paid-up capital of ₹29.79 Cr.

It upholds a compliant status. Its leadership includes Guerol Michael Sari (Director), Bhavana Srivastava (Director), Surendra Srivastava (Director). Past directors included Guerol Michael Sari, Chirag Ishwarbhai Patel, Bhavana Srivastava. It holds ₹51.50 Cr open charges and ₹18.42 Cr settled loans. Its latest AGM occurred on 12 August 2025, with the balance sheet filed on 31 March 2025. It is based at G-901, 9Th Floor,, Titanium City Centre, 100 Ft Road, Satellite,, Ahmadabad City, Gujarat, 380015.

Company Details

  • CIN/LLPIN

    U67190GJ2017PTC096063

  • Registration Number

    096063

  • Incorporation Date

    03 March 2017

  • Authorized Capital

    ₹40.00 Cr

  • Paid-Up Capital

    ₹29.79 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 29.79 Cr
  • Company Age 8 Year, 8 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 51.50 Cr
  • Satisfied Charges ₹ 18.42 Cr
  • Revenue Growth 75.41%
  • Profit Growth 127.95%
  • Ebitda 3717.32%
  • Net Worth 201.53%
  • Total Assets 88.77%
Company report

Prayas Financial Services Private Limited

Company Report FY 2025-2026

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

Access Report Banner Element

Who are the key members and board of directors at Prayas Financial Services Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Guerol Michael SariDirector14 Aug 2023Current
Bhavana SrivastavaDirector27 Jan 2024Current
Surendra SrivastavaDirector23 Mar 2022Current
Abhisek KhannaCeo16 Jun 2022Current
Sanjay GandhiNominee Director30 Apr 2025Current
Haruna TakeuchiNominee Director30 Apr 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director14 Aug 2023Past
Pramod AbcsddCfo(Kmp)-Past
Pramod AbcsddAdditional Director08 Aug 2024Past
Pramod AbcsddAdditional Director20 Jul 2022Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddCompany Secretary-Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Prayas Financial Services.

Prayas Financial Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 75.41% increase. The company also saw a substantial improvement in profitability, with a 127.95% increase in profit. The company's net worth Soared by an impressive increase of 201.53%.

Prayas Financial Services revenue growth over time
Prayas Financial Services profit and loss trends over time
  • 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
75.41%
Revenue from Operations
75.73%
Total Assets
88.77%
Profit or Loss
127.95%
Net Worth
201.53%
EBITDA
3717.32%

What is the Ownership and Shareholding Structure of Prayas Financial Services?

In 2023, Prayas Financial Services had a promoter holding of 97.36% and a public holding of 2.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹515,000,000.00

Satisfied Charges

₹184,200,000.00

Charges Breakdown by Lending Institutions

  • Others : 51.50 Cr

Latest Charge Details

DateLenderAmountStatus
29 Apr 2025Others₹5.00 CrOpen
24 Mar 2025Others₹5.00 CrOpen
10 Mar 2025Others₹20.00 CrOpen
10 Oct 2024Others₹10.00 CrOpen
08 Jul 2024Others₹5.00 CrOpen

Explore comprehensive loan charge details -

How Many Employees Work at Prayas Financial Services?

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

Employee growth trends for Prayas Financial Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prayas Financial Services, 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 Financial Services'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.

Latest Updates, News, and FAQs on Prayas Financial Services

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Prayas Financial Services Private Limited last Annual general meeting of members was held on 12 Aug 2025 as per latest MCA records. was documented.

  • Director Appointment

    Sanjay Gandhi was appointed as a Nominee Director was appointed as a Nominee Director on 30 Apr 2025 & has been associated with this company since 7 months . was recorded as a recent event.

  • Director Appointment

    Progress on Haruna Takeuchi was appointed as a Nominee Director was appointed as a Nominee Director on 30 Apr 2025 & has been associated with this company since 7 months . was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101094093 was registered on 29 Apr 2025. was completed.

  • Balance Sheet

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

  • Charges

    Progress on A charge registered on 29 Dec 2022 via Charge ID 100667742 with Others was fully satisfied on 27 Mar 2025. was documented.

Frequently Asked Questions

  • What is the CIN of Prayas Financial Services Private Limited?

    The CIN of Prayas Financial Services Private Limited is U67190GJ2017PTC096063.

  • Where is Prayas Financial Services Private Limited headquartered?

    Prayas Financial Services Private Limited is headquartered at G-901, 9Th Floor,, Titanium City Centre, 100 Ft Road, Satellite,, Ahmadabad City, Gujarat, 380015.

  • When was Prayas Financial Services Private Limited incorporated?

    Prayas Financial Services Private Limited was incorporated on 03 March 2017.

  • Who are the current directors of Prayas Financial Services Private Limited?

    The current directors of Prayas Financial Services Private Limited are

  • What is the primary industry of Prayas Financial Services Private Limited?

    The primary industry of Prayas Financial Services Private Limited is Financial And Insurance Service.

  • Is Prayas Financial Services Private Limited a listed company?

    Prayas Financial Services Private Limited is unlisted.

  • What is the capital structure of Prayas Financial Services Private Limited?

    The authorized capital of Prayas Financial Services Private Limited is ₹40.00 Cr, and the paid-up capital is ₹29.79 Cr.

  • What is the compliance status of Prayas Financial Services Private Limited?

    The compliance status of Prayas Financial Services Private Limited is Compliant.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial