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: December 07, 2025

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), Divya Rathi (Company Secretary). Past directors included Guerol Michael Sari, Chirag Ishwarbhai Patel, Bhavana Srivastava. It holds ₹46.50 Cr open charges and ₹23.42 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 Metrics

Authorised Capital ₹ 40.00 Cr as on 07-12-2025
Paid Up Capital ₹ 29.79 Cr as on 07-12-2025
Company Age 8 Year, 11 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 46.50 Cr as on 07-12-2025
Satisfied Charges ₹ 23.42 Cr as on 07-12-2025
Revenue Growth **** 75.41% (FY 2023)
Profit Growth **** 127.95% (FY 2023)
Ebitda **** 3717.32% (FY 2023)
Net Worth 201.53% (FY 2023)
Total Assets **** 88.77% (FY 2023)

Comprehensive Company Insights

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.

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

Current Directors

Name	Designation	Appointment Date	Status
Guerol Michael Sari	Director	14 Aug 2023	Current
Bhavana Srivastava	Director	27 Jan 2024	Current
Divya Rathi	Company Secretary	04 Nov 2023	Current
Surendra Srivastava	Director	23 Mar 2022	Current
Abhisek Khanna	Managing Director	16 May 2023	Current
Sidharth Sinha	Nominee Director	16 May 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	14 Aug 2023	Past
Pramod Abcsdd	Cfo(Kmp)	-	Past
Pramod Abcsdd	Additional Director	08 Aug 2024	Past
Pramod Abcsdd	Additional Director	20 Jul 2022	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Company Secretary	-	Past

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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%.

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

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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%

*******

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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 Pattern (FY 2024)

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

₹465,000,000.00

Satisfied Charges

₹234,200,000.00

Charges Breakdown by Lending Institutions

Others : 46.50 Cr

Latest Charge Details

Date	Lender	Amount	Status
29 Apr 2025	Others	₹5.00 Cr	Open
24 Mar 2025	Others	₹5.00 Cr	Open
10 Mar 2025	Others	₹20.00 Cr	Open
10 Oct 2024	Others	₹10.00 Cr	Open
01 Dec 2023	Others	₹5.00 Cr	Open

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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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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

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

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 Financial Services

Recent Activity within the Organization

Charges

The activity A charge registered on 08 Jul 2024 via Charge ID 100950789 with Others was fully satisfied on 18 Oct 2025. was completed.
18 Oct 2025
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.
12 Aug 2025
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 9 months 18 days . was recorded as a recent event.
30 Apr 2025
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 9 months 18 days . was documented.
30 Apr 2025
Charges

A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101094093 was registered on 29 Apr 2025. was recorded as a recent event.
29 Apr 2025
Balance Sheet

Prayas Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.
31 Mar 2025

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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.

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