Prayas Projects India Limited
About Prayas Projects India Limited
Data last updated:
Prayas Projects India Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 23 February 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70109WB2009PLC133033.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹61 Lakh. It is led by directors including Sariful Islam and Mohammad Jiaur Rahaman.
Its last annual general meeting (AGM) was held on 31 July 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Shree Tower II Raa/36 3rd. Floor Vip Road, Kolkata, West Bengal, India – 700059.
As per the financials filed for FY 2017, the company reported a revenue of ₹18.86 Lakh, a decline of 64% compared to the previous year. For the same year it recorded a net profit of ₹2,144 (net margin 0.1%) and EBITDA of ₹2.09 Lakh (EBITDA margin 11.1%).
As per MCA filings, the company has satisfied charges of ₹25 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Prayas Projects India Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShree Tower II Raa/36 3rd. Floor Vip Road, Kolkata, West Bengal, India – 700059
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Prayas Projects India 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 Projects India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Prayas Projects India Limited, buy the company report.
Financials of Prayas Projects India Limited
FY 2017 filings availablePrayas Projects India Limited reported revenue of ₹18.86 Lakh (down 64% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 64% in the latest year. EBITDA fell 9% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹18.86 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹2.09 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2,144 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 11.1% | ||
| Net Profit Margin | 0.1% | ||
| 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 Projects India Limited, buy the company report.
Board of directors of Prayas Projects India Limited
Prayas Projects India has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sariful Islam | Director | 21 Mar 2017 | 9 Years 7 Months | Current |
| Mohammad Jiaur Rahaman Also directs: Prayas Industries Limited | Director | 23 Feb 2009 | 17 Years 8 Months | Current |
| Abu Molla Sama | Director | 01 Aug 2014 | 12 Years 3 Months | Current |
| Kaizar Biswas | Director | 23 Feb 2009 | 17 Years 8 Months | Current |
Peer comparison
Prayas Projects India Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Scentartic Flavours and Fragrances Private Limited | ₹18.87 Lakh (FY 2024) | 71.0% | Bangalore, Karnataka, India | |||
| Pari Enterprises Private Limited | ₹18.87 Lakh (FY 2025) | -27.0% | Lucknow, Uttar Pradesh, India | |||
| Pearl Dealers Private Limited | ₹18.87 Lakh (FY 2025) | -88.0% | Kolkata, West Bengal, India | |||
| Kakati Aquatech Private Ltd, | ₹18.87 Lakh (FY 2025) | 4.0% | Hyderabad.(A.P), Telangana, India | |||
| Weblogics Infosystems Private Limited | ₹18.86 Lakh (FY 2025) | 1.0% | Jaipur, Rajasthan, India | |||
| Prayas Projects India Limitedthis company | ₹18.86 Lakh (FY 2017) | ₹2,144 | 0.1% | -64.0% | Kolkata, West Bengal, India | |
| Shreeji Tie - Up Private Limited | ₹18.86 Lakh (FY 2018) | 135.0% | Kolkata, West Bengal, India | |||
| Innomax Garments Private Limited | ₹18.86 Lakh (FY 2025) | 10762.0% | New Delhi, Delhi, India | |||
| Night Walker Energy Drink Private Limited | ₹18.85 Lakh (FY 2025) | -91.0% | Mumbai, Maharashtra, India | |||
| A.M Mir India Handicraft Private Limited | ₹18.85 Lakh (FY 2021) | -86.0% | New Delhi, Delhi, India | |||
| Billson Glass Private Limited | ₹18.85 Lakh (FY 2024) | -3.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Prayas Projects India Limited, buy the company report.
Auditor
Prayas Projects India Limited is audited by C. GHATAK & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C. GHATAK & CO. | FY 2017 | 003591 |
Shareholding
The shareholding of Prayas Projects India Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Prayas Projects India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2011 | 10300151 | Prayas Debenture Trust | ₹25 Cr | Satisfied |
To see the full charge records of Prayas Projects India Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Prayas Projects India Limited has 4 court cases on record: 1 filed by Prayas Projects India, 3 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| High courts | 1 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Court case (CRR) | Filed against the company by Securities and Exchange Board of India | Pending |
| District court, Calcutta, West Bengal | Court case (SEBI) | Filed against the company by Sebi | Disposed |
| District court, North Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Murshidabad, West Bengal | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Prayas Projects India Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prayas Projects India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Prayas Projects India Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Prayas Projects India Limited has 7 board changes on record since 2009: 4 appointments and 3 cessations. The latest: Sariful Islam was appointed as Director on 21 Mar 2017.
Frequently asked questions
Prayas Projects India is an active public limited company based in Kolkata, West Bengal, India. The company works in other wholesale, within the trading industry. It was incorporated on 23 February 2009 (17+ years old) and is registered under CIN U70109WB2009PLC133033.
Prayas Projects India has 4 current directors:
- Sariful Islam - Director
- Mohammad Jiaur Rahaman - Director
- Abu Molla Sama - Director
- Kaizar Biswas - Director
The latest financial statements of Prayas Projects India on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 31 July 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Prayas Projects India is U70109WB2009PLC133033. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prayas Projects India has 4 court cases on record: 1 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Prayas Projects India was incorporated on 23 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Prayas Projects India by revenue are Scentartic Flavours and Fragrances Private Limited, Pari Enterprises Private Limited, Pearl Dealers Private Limited, Kakati Aquatech Private Ltd,, Weblogics Infosystems Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Sariful Islam was appointed as Director on 21 Mar 2017. Mohammad Jiaur Rahaman ceased to be Director on 29 Feb 2016. Ashraful Hoque ceased to be Director on 01 Jul 2015. Prayas Projects India has 7 board changes on record in total.
The registered office of Prayas Projects India is at Shree Tower II Raa36 3rd. Floor Vip Road, Kolkata, West Bengal, India – 700059.
Prayas Projects India operates in the trading industry, in the other wholesale segment.
Prayas Projects India has no open charges and satisfied charges of ₹25 Cr as per latest MCA filings.
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