Prayas Innconcepts Private Limited
About Prayas Innconcepts Private Limited
Data last updated:
Prayas Innconcepts Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the management consultancy segment of the business services sector. It was incorporated on 05 March 2018.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U93000GJ2018PTC101058. Its GSTIN is 24AAJCP7128E1ZH (Gujarat).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Its last annual general meeting (AGM) was held on 23 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Ahmedabad, Gujarat.
As per the financials filed for FY 2020, the company reported a revenue of ₹4.62 Lakh, a decline of 43% compared to the previous year. For the same year it recorded a net profit of ₹26,930 (net margin 5.8%) and EBITDA of ₹45,255 (EBITDA margin 9.8%).
Company details
CIN history
Prayas Innconcepts has one previous CIN (Corporate Identification Number): U74999GJ2018PTC101058. The current CIN is U93000GJ2018PTC101058, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93000GJ2018PTC101058 | Current |
| U74999GJ2018PTC101058 | Previous |
Contact details
Prayas Innconcepts Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressM/13 – Manav Mandir Flat Taxshila Nr. Old Aradhana School Char Rasta Mani, Nagar, Ahmedabad, Gujarat, India – 380008
- IndustryBusiness Services, Management Consultancy
To see the full contact details of Prayas Innconcepts Private Limited, buy the company report.
- 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
Business activity
The main business activity of Prayas Innconcepts is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Prayas Innconcepts Private Limited, buy the company report.
Financials of Prayas Innconcepts Private Limited
FY 2020 filings availablePrayas Innconcepts Private Limited reported revenue of ₹4.62 Lakh (down 43% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 43% in the latest year. EBITDA rose 108% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹4.62 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹45,255 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹26,930 | ||
| 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 9.8% | ||
| Net Profit Margin | 5.8% | ||
| 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 | |||
To see the full financial statements and ratios of Prayas Innconcepts Private Limited, buy the company report.
Board of directors of Prayas Innconcepts Private Limited
Prayas Innconcepts has 5 former directors on record and no current directors listed.
Peer comparison
Prayas Innconcepts Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (management consultancy activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Techzest Web Solutions Private Limited | ₹4.64 Lakh (FY 2023) | -50.0% | Modinagar, Uttar Pradesh, India | |||
| A V Holdings Pvt Ltd | ₹4.64 Lakh (FY 2024) | 132.0% | Kolkata, West Bengal, India | |||
| Edufotia Private Limited | ₹4.64 Lakh (FY 2025) | 2279.0% | Nelamangala, Karnataka, India | |||
| Samadhan Services and Projects Private Limited | ₹4.64 Lakh (FY 2015) | 25.0% | Indore, Madhya Pradesh, India | |||
| League HR Solutions Private Limited | ₹4.62 Lakh (FY 2025) | -68.0% | New Delhi, Delhi, India | |||
| Prayas Innconcepts Private Limitedthis company | ₹4.62 Lakh (FY 2020) | ₹26,930 | 5.8% | -43.0% | Ahmedabad, Gujarat, India | |
| Abrim International Consultants Private Limited | ₹4.62 Lakh (FY 2015) | 6.0% | Kundara, Kerala, India | |||
| Advonik Business Management Consulting Private Limited | ₹4.62 Lakh (FY 2020) | 182.0% | New Delhi, Delhi, India | |||
| Sonali Mentor Services Private Limited | ₹4.62 Lakh (FY 2016) | -86.0% | Jaipur, Rajasthan, India | |||
| Lawpath Services India Private Limited | ₹4.62 Lakh (FY 2025) | 105.0% | New Delhi, Delhi, India | |||
| Mforu Consultancy Services (OPC) Private Limited | ₹4.61 Lakh (FY 2025) | -28.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Prayas Innconcepts Private Limited, buy the company report.
Auditor
Prayas Innconcepts Private Limited is audited by VANDAN S SHAH & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VANDAN S SHAH & ASSOCIATES | FY 2020 | 144973W |
Shareholding
The shareholding of Prayas Innconcepts Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Prayas Innconcepts Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Prayas Innconcepts Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prayas Innconcepts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prayas Innconcepts has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCP7128E1ZH | Gujarat | Active | 04 Apr 2018 |
To see the full GST registrations and return filing status of Prayas Innconcepts Private Limited, buy the company report.
Recent activity
Prayas Innconcepts Private Limited has 5 board changes on record since 2019: 0 appointments and 5 cessations. The latest: Jimmy Soni ceased to be Managing Director on 09 Aug 2021.
Frequently asked questions
Prayas Innconcepts has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Prayas Innconcepts was a private limited company based in Ahmedabad, Gujarat, India. The company worked in management consultancy, within the business services industry. It was incorporated on 05 March 2018 and is registered under CIN U93000GJ2018PTC101058. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Prayas Innconcepts is U93000GJ2018PTC101058. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prayas Innconcepts was incorporated on 05 March 2018. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Prayas Innconcepts is at M13 – Manav Mandir Flat Taxshila Nr. Old Aradhana School Char Rasta Mani, Nagar, Ahmedabad, Gujarat, India – 380008.
The latest financial statements of Prayas Innconcepts on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 23 December 2020. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Prayas Innconcepts is 24AAJCP7128E1ZH, registered in Gujarat.
Prayas Innconcepts operated in the business services industry, in the management consultancy segment.
The peers of Prayas Innconcepts by revenue are Techzest Web Solutions Private Limited, A V Holdings Pvt Ltd, Edufotia Private Limited, Samadhan Services and Projects Private Limited, League HR Solutions Private Limited and 5 more, all in the same principal business activity (management consultancy activities).
Jimmy Soni ceased to be Managing Director on 09 Aug 2021. Minal Ashvinkumar Soni ceased to be Director on 09 Aug 2021. Rushva Jimmy Soni ceased to be Director on 09 Aug 2021. Prayas Innconcepts has 5 board changes on record in total.
Prayas Innconcepts can be reached at its registered office: M13 – Manav Mandir Flat Taxshila Nr. Old Aradhana School Char Rasta Mani, Nagar, Ahmedabad, Gujarat, India – 380008.
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