About Prayas Securities Private Limited
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Prayas Securities Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 14 August 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH2001PTC133057. Its GSTIN is 27AACCP2892C1ZH (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹92.27 Lakh. It is led by directors including Harish Daulatram Innani and Chanchal Manish Innani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5 5th Floor Solitaire Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹32.95 Cr, a growth of 129% compared to the previous year. For the same year it recorded a net profit of ₹20.5 Cr (net margin 62.2%) and EBITDA of ₹26.28 Cr (EBITDA margin 79.8%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 69% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prayasexchange.com.
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- TelephoneLocked
- Website
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- Registered Address551 Bldg No – 5 5th Floor Solitaire Corporate Park Ghatkoper Link Road Chakala Andheri (E, Ast), Mumbai, Maharashtra, India – 400093
- IndustryFinancial Services, Brokerage & Trading Services
- 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
- One PDF report, delivered after checkout
Business Activity of Prayas Securities Private Limited
The main business activity of Prayas Securities is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Prayas Securities Private Limited FY 2025 filings available
Prayas Securities Private Limited reported revenue of ₹32.95 Cr (up 129% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Prayas Securities Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 69% over five years, including 129% growth in the latest year. EBITDA rose 132% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Prayas Securities Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹26.28 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹20.5 Cr | •••• | •••• | •••• | •••• |
| 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 of Prayas Securities Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 79.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 62.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Prayas Securities are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Prayas Securities Private Limited
Prayas Securities Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Broking Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Flattrade Broking Private Limited | ₹33.15 Cr (FY 2024) | •••• | •••• | 85.0% | •••• | Chennai, Tamil Nadu, India |
| Bonanza Capital Markets Private Limited | ₹33.09 Cr (FY 2025) | •••• | •••• | 100.0% | •••• | Indore, Madhya Pradesh, India |
| BRH Commodities Private Limited | ₹33.05 Cr (FY 2016) | •••• | •••• | -3.0% | •••• | Kolkata, West Bengal, India |
| Arms Securities Private Limited | ₹33.05 Cr (FY 2025) | •••• | •••• | 1694.0% | •••• | New Delhi, Delhi, India |
| Launchpad Fintech Private Limited | ₹33.04 Cr (FY 2025) | •••• | •••• | 53.0% | •••• | Mumbai, Maharashtra, India |
| Prayas Securities Private Limited this company | ₹32.95 Cr (FY 2024) | •••• | •••• | 129.0% | •••• | Mumbai, Maharashtra, India |
| Realstone Entertainment Private Limited | ₹32.93 Cr (FY 2025) | •••• | •••• | -50.0% | •••• | Mumbai, Maharashtra, India |
| Everest Leasing Ltd. | ₹32.9 Cr (FY 2025) | •••• | •••• | 66.0% | •••• | New Delhi, Delhi, India |
| Wellworth Share and Stock Broking Limited | ₹32.85 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Iti Securities Broking Limited | ₹32.83 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
| Mumbai Stock Brokers Private Limited | ₹32.62 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Prayas Securities by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Prayas Securities Private Limited
Prayas Securities Private Limited is audited by PRAVIN H JAIN & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRAVIN H JAIN & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Prayas Securities Private Limited
Prayas Securities has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harish Daulatram Innani | Director | 18 Jun 2002 | 24 Years 3 Months | Current |
| Chanchal Manish Innani | Director | 18 Sep 2001 | 25 Years 0 Months | Current |
| Punya Manish Innani | Director | 02 Sep 2024 | 2 Years 1 Months | Current |
| Manish Daulatram Innani | Director | 18 Sep 2001 | 25 Years 0 Months | Current |
Ownership and Shareholding of Prayas Securities Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Prayas Securities Private Limited
Prayas Securities Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Prayas Securities Private Limited
Employment history and EPFO contributions of people linked to Prayas Securities.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Prayas Securities Private Limited
Prayas Securities Private Limited has 5 board changes on record since 2001: 4 appointments and 1 cessation. The latest: Punya Manish Innani ceased to be Additional Director on 29 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Prayas Securities Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- 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 Securities Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- 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 Securities Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Prayas Securities Private Limited
Prayas Securities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCP2892C1ZH | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Prayas Securities Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Prayas Securities Private Limited
Prayas Securities is an active private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 14 August 2001 (25+ years old) and is registered under CIN U67120MH2001PTC133057.
Prayas Securities reported revenue of ₹32.95 Cr for FY 2024 (up 129% YoY).
Prayas Securities has 4 current directors:
- Harish Daulatram Innani - Director
- Chanchal Manish Innani - Director
- Punya Manish Innani - Director
- Manish Daulatram Innani - Director
Prayas Securities reported a net profit of ₹20.5 Cr (net margin 62.2%) and EBITDA of ₹26.28 Cr (EBITDA margin 79.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Prayas Securities is 25% over three years and 69% over five years. In the latest year (FY 2024) revenue rose 129%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Prayas Securities is 27AACCP2892C1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Prayas Securities is U67120MH2001PTC133057. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prayas Securities was incorporated on 14 August 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Prayas Securities by revenue are Flattrade Broking Private Limited, Bonanza Capital Markets Private Limited, BRH Commodities Private Limited, Arms Securities Private Limited, Launchpad Fintech Private Limited and 5 more, all in the BFSI industry (Broking Services).
Punya Manish Innani ceased to be Additional Director on 29 Sep 2024. Punya Manish Innani was appointed as Director on 02 Sep 2024. Harish Daulatram Innani was appointed as Director on 18 Jun 2002. Prayas Securities has 5 board changes on record in total.
Prayas Securities can be reached through the website prayasexchange.com. Its registered office is in Mumbai, Maharashtra, India.