Prayatna Developers Limited - Company Profile

Q: Who are the current directors of Prayatna Developers Limited?

The current directors of Prayatna Developers Limited are Jay Himatlal Shah, Dhaval Bhavikbhai Shah, Rajiv Mehta, Chitra Jatinder Bhatnagar, Keyur Jaykant Vora.

It is a infrastructure and utilities public limited company based in Ahmedabad, Gujarat, India, established in 2015.

2015 Ahmedabad, Gujarat, India Active

Last Updated: December 22, 2025

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About Prayatna Developers Limited

Prayatna Developers Limited, a active public limited company, was established on 23 June 2015 in Ahmedabad, Gujarat, India. Engaging in power infrastructure & energy projects within the electricity, gas, steam and air condition supply sector, it holds CIN: U70101GJ2015PLC083634. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹160.00 Cr and a paid-up capital of ₹136.71 Cr.

Formerly known as Prayatna Developers Private Limited. It upholds a compliant status. Employing 24 professional, Its leadership includes Jay Himatlal Shah (Director), Dhaval Bhavikbhai Shah (Managing Director), Rajiv Mehta (Director). Past directors included Jay Himatlal Shah, Kirankumar Jayantilal Mehta, Shyam Suresh Bodhankar. It holds ₹4,005.06 Cr open charges and ₹4,726.44 Cr settled loans. Its latest AGM occurred on 28 August 2025, with the balance sheet filed on 31 March 2025. It is based at Adani Corporate House, Shantigram, Nr. Vaishno Devi Circle, S G Highway, Kh, Odiyar, Ahmedabad, Gujarat, 382421.

Company Details

CIN/LLPIN
U70101GJ2015PLC083634
Registration Number
083634
Incorporation Date
23 June 2015
Authorized Capital
₹160.00 Cr
Paid-Up Capital
₹136.71 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 160.00 Cr as on 22-12-2025
Paid Up Capital ₹ 136.71 Cr as on 22-12-2025
Company Age 10 Year, 8 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 4,005.06 Cr as on 22-12-2025
Satisfied Charges ₹ 4,726.44 Cr as on 22-12-2025

Comprehensive Company Insights

Explore comprehensive insights into Prayatna Developers 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 Prayatna Developers Limited?

Current Directors

Name	Designation	Appointment Date	Status
Jay Himatlal Shah	Director	31 Mar 2021	Current
Dhaval Bhavikbhai Shah	Managing Director	13 Jan 2016	Current
Rajiv Mehta	Director	25 Oct 2021	Current
Chitra Jatinder Bhatnagar	Director	19 Aug 2016	Current
Keyur Jaykant Vora	Additional Director	04 Dec 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	09 Jul 2021	Past
Pramod Abcsdd	Director	06 Oct 2017	Past
Pramod Abcsdd	Cfo	03 Aug 2017	Past
Pramod Abcsdd	Director	07 Dec 2020	Past
Pramod Abcsdd	Company Secretary	30 Mar 2018	Past
Pramod Abcsdd	Director	19 Aug 2016	Past

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Financial Performance of Prayatna Developers.

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

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Revenue from Operations

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Total Assets

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Profit or Loss

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Net Worth

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EBITDA

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What is the Ownership and Shareholding Structure of Prayatna Developers?

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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

₹40,050,607,600.00

Satisfied Charges

₹47,264,400,000.00

Charges Breakdown by Lending Institutions

Idbi Trusteeship Services Limited : 4005.06 Cr

Latest Charge Details

Date	Lender	Amount	Status
09 Apr 2024	Idbi Trusteeship Services Limited	₹3,399.46 Cr	Open
03 Feb 2022	Idbi Trusteeship Services Limited	₹205.60 Cr	Open
18 Oct 2019	Idbi Trusteeship Services Limited	₹400.00 Cr	Open
29 Jan 2021	Idbi Trusteeship Services Limited	₹30.00 Cr	Satisfied
13 Sep 2019	Idbi Trusteeship Services Limited	₹3,471.00 Cr	Satisfied

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How Many Employees Work at Prayatna Developers?

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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

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Rating

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Alerts

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Latest Updates, News, and FAQs on Prayatna Developers

Recent Activity within the Organization

Director Appointment

Keyur Jaykant Vora was appointed as a Additional Director was appointed as a Additional Director on 04 Dec 2025 & has been associated with this company since 3 months 9 days . was recorded as a recent event.
04 Dec 2025
Annual General Meeting

The activity Prayatna Developers Limited last Annual general meeting of members was held on 28 Aug 2025 as per latest MCA records. was completed.
28 Aug 2025
Charges

Progress on A charge with Idbi Trusteeship Services Limited of Rs. 3,399.46 Cr registered on 09 Apr 2024 with Charge ID 100906877 was modified on 18 Apr 2025. was documented.
18 Apr 2025
Balance Sheet

The activity Prayatna Developers Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.
31 Mar 2025
Charges

A charge with Idbi Trusteeship Services Limited amounted to Rs. 3,399.46 Cr with Charge ID 100906877 was registered on 09 Apr 2024. was recorded as a recent event.
09 Apr 2024
Charges

Progress on A charge registered on 13 Sep 2019 via Charge ID 100289340 with Idbi Trusteeship Services Limited was fully satisfied on 21 Mar 2024. was documented.
21 Mar 2024

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