About Prayas Financial Services Private Limited
Data last updated: 17 February 2026
Prayas Financial Services Private Limited is a private limited company based in Ahmadabad City, Gujarat, India, a subsidiary of Ananya Finance For Inclusive Growth Private Limited. It specialises in microfinance institutions, a part of the broader financial services sector. Incorporated on 03 March 2017, the company has been in operation for over 9 years.
Registered with ROC Ahmedabad under CIN U67190GJ2017PTC096063.
Capital: an authorised share capital of ₹40 Cr and a paid-up capital of ₹29.79 Cr. It is led by directors including Surendra Srivastava and Abhisek Khanna.
Last AGM: 12 August 2025. Financial statements filed for year ended 31 March 2025. Office: Ahmadabad City, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹27.75 Cr, a growth of 130% compared to the previous year.
It operates as a subsidiary of Ananya Finance For Inclusive Growth Private Limited.
The company is associated with 1 brand - Prayas Finance. As per MCA filings, the company has open charges of ₹46.5 Cr and satisfied charges of ₹23.42 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prayasfinance.com.
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Registered AddressG – 901 9Th Floor, Titanium City Centre 100 Ft Road Satellite, Ahmadabad City, Gujarat, India – 380015
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IndustryFinancial Services, Microfinance Institutions, NBFC
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Prayas Financial Services Private Limited
Prayas Financial Services Private Limited operates one associated brand: PRAYAS Finance. These brands represent Prayas Financial Services Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive solutions for consumer loans and financial support. | prayasfinance.com |
Competitors & Alternatives of Prayas Financial Services Private Limited
Brands and companies operating in the same space as Prayas Financial Services Private Limited include Manappuram Finance, L & T Finance Holdings, Bajaj Finserv and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Manappuram Finance
|
Consumer and SME loans are provided by Manappuram Finance. | Valapad, India, India | 1992 |
L & T Finance Holdings
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Diversified lending services are provided as a non-banking financial institution. | Mumbai, India, India | 1994 |
Bajaj Finserv
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Financial solutions including loans and insurance are offered. | Pune, India, India | 2007 |
Northern Arc Capital
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Household and business loans are provided with risk management support. | Chennai, India, India | 2006 |
IIFL Finance
|
Online gold, home, personal, and business loans are provided. | Mumbai, India, India | 1995 |
Mahindra Finance
|
Consumer and SME loans are provided by Mahindra Finance. | Mumbai, India, India | 1991 |
Hero Fincorp
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2-wheeler loans and consumer/business financing are provided by Hero Fincorp. | Delhi, India, India | 1991 |
Cholamandalam Investment and Finance Company
|
Home and SME loans are provided in India. | Chennai, India, India | 1978 |
Dvara KGFS
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Loans for consumers and SMEs are provided alongside financial services. | Chennai, India, India | 2008 |
Business Activity of Prayas Financial Services Private Limited
Prayas Financial Services Private Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Prayas Financial Services Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Prayas Financial Services Private Limited
Prayas Financial Services Private Limited is audited by MANUBHAI & SHAH LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MANUBHAI & SHAH LLP | Locked | Locked | Locked |
Complete auditor history for Prayas Financial Services Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Prayas Financial Services Private Limited
Prayas Financial Services Private Limited currently reports 6 directors and 1 key managerial person. 11 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Surendra Srivastava
Also directs:
Ananya Finance For Inclusive Growth Private Limited
|
Director | 23 Mar 2022 | 4 Years 4 Months | Current |
|
Abhisek Khanna
Also directs:
Ananya Finance For Inclusive Growth Private Limited
|
Managing Director | 16 May 2023 | 3 Years 2 Months | Current |
| Sanjay Gandhi | Nominee Director | 30 Apr 2025 | 1 Years 2 Months | Current |
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Haruna Takeuchi
Also directs:
Ananya Finance For Inclusive Growth Private Limited
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Nominee Director | 30 Apr 2025 | 1 Years 2 Months | Current |
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Bhavana Srivastava
Also directs:
Finvalue Advisors Private Limited
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Director | 27 Jan 2024 | 2 Years 6 Months | Current |
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Divya Rathi
Also directs:
Ananya Finance For Inclusive Growth Private Limited
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Company Secretary | 01 Dec 2023 | 2 Years 7 Months | Current |
Financials of Prayas Financial Services Private Limited FY 2025 filings available
Prayas Financial Services Private Limited reported revenue of ₹27.75 Cr (up 130.00% YoY) for FY 2024.
Ten-year financial statements for Prayas Financial Services Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Prayas Financial Services Private Limited
Shareholding and ownership data for Prayas Financial Services Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Prayas Financial Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Apr 2025 | Others | ₹5 Cr | Open |
| 24 Mar 2025 | Others | ₹5 Cr | Open |
| 10 Mar 2025 | Others | ₹20 Cr | Open |
| 10 Oct 2024 | Others | ₹10 Cr | Open |
| 01 Dec 2023 | Others | ₹5 Cr | Open |
Total charge records: 14 View all charges
Employees and EPFO Compliance at Prayas Financial Services Private Limited
View historical data on people associated with Prayas Financial Services Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Prayas Financial Services Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Prayas Financial Services Private Limited
GST registrations and filing compliance for Prayas Financial Services Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Prayas Financial Services Private Limited
Credit ratings, litigation, and regulatory alerts for Prayas Financial Services Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- 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 Prayas Financial Services Private Limited
MSME payment history for Prayas Financial Services Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- 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 Prayas Financial Services Private Limited
Corporate group structure for Prayas Financial Services Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Prayas Financial Services Private Limited
MCA filings and documents for Prayas Financial Services Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Prayas Financial Services Private Limited
Frequently Asked Questions about Prayas Financial Services Private Limited
Prayas Financial Services Private Limited is an active private limited company in the financial services sector based in Ahmadabad City, Gujarat, India. It was incorporated on 03 March 2017 (9+ years old) and is registered under CIN U67190GJ2017PTC096063.
Prayas Financial Services Private Limited reported revenue of ₹27.75 Cr for FY 2024 (up 130.00% YoY).
The current directors and KMP of Prayas Financial Services Private Limited are:
- Surendra Srivastava - Director
- Abhisek Khanna - Managing Director
- Sanjay Gandhi - Nominee Director
- Haruna Takeuchi - Nominee Director
- Bhavana Srivastava - Director
- Divya Rathi - Company Secretary
- Guerol Michael Sari - Director
The primary industry of Prayas Financial Services Private Limited is financial services. The company specifically operates in microfinance institutions. The company is currently active in this sector.
Prayas Financial Services Private Limited can be reached at the registered office: G – 901 9Th Floor, Titanium City Centre 100 Ft Road Satellite, Ahmadabad City, Gujarat, India – 380015, or through the website prayasfinance.com.
The authorised capital is ₹40 Cr, and the paid-up capital is ₹29.79 Cr.