About Prayatna Developers Limited
Data last updated:
Prayatna Developers Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Adani Green Energy Twenty Three Limited. It specialises in power infrastructure and energy projects, a part of the broader infrastructure and utilities sector. Incorporated on 23 June 2015, the company has been in operation for over 11 years.
Registered with ROC Ahmedabad under CIN U70101GJ2015PLC083634.
Capital: an authorised share capital of ₹160 Cr and a paid-up capital of ₹136.71 Cr. Formerly known as Prayatna Developers Private Limited. It is led by directors including Jay Himatlal Shah and Dhaval Bhavikbhai Shah.
Last AGM: 28 August 2025. Financial statements filed for year ended 31 March 2025. Office: Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹260.83 Cr, a decline of 3% compared to the previous year.
The company has a workforce of approximately 24 employees as per the latest available data. It operates as a subsidiary of Adani Green Energy Twenty Three Limited.
As per MCA filings, the company has open charges of ₹4,005.06 Cr and satisfied charges of ₹4,726.44 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 adani.com.
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- Social Media
- Registered AddressAdani Corporate House Shantigram Nr. Vaishno Devi Circle S G Highway Kh, Odiyar, Ahmedabad, Gujarat, India – 382421
- IndustryInfrastructure and Utilities, Power Infrastructure & Energy Projects
- 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
CIN History of Prayatna Developers
Prayatna Developers has one previous CIN (Corporate Identification Number): U70101GJ2015PTC083634. The current CIN is U70101GJ2015PLC083634, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101GJ2015PLC083634 | Current |
| U70101GJ2015PTC083634 | Previous |
Business Activity of Prayatna Developers
The main business activity of Prayatna Developers is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
Business activity turnover details for Prayatna Developers Limited
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.
Board of Directors of Prayatna Developers Limited
Prayatna Developers has 5 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jay Himatlal Shah Also directs: Ocean Sparkle Limited, Alipurduar Transmission Limited, Amaya Exim Private Limited and 3 more | Director | 31 Mar 2021 | 5 Years 6 Months | Current |
| Dhaval Bhavikbhai Shah Also directs: Adani Agri Logistics (Hoshangabad) Limited, Adani Agri Logistics (Satna) Limited, Adani Agri Logistics (Ujjain) Limited and 5 more | Managing Director | 13 Jan 2016 | 10 Years 8 Months | Current |
| Rajiv Mehta Also directs: Parampujya Solar Energy Limited, Adani Green Energy Sixty Five Limited, Adani Green Energy Sixty Six Limited and 5 more | Director | 25 Oct 2021 | 4 Years 11 Months | Current |
| Chitra Jatinder Bhatnagar Also directs: Alipurduar Transmission Limited, Parampujya Solar Energy Limited, Shanti Sagar International Dredging Limited and 5 more | Director | 19 Aug 2016 | 10 Years 1 Months | Current |
| Keyur Jaykant Vora Also directs: Adani Green Energy (Up) Limited, Urjasetu Renewables Limited, Hydrobloom Power Limited and 5 more | Additional Director | 04 Dec 2025 | 0 Years 9 Months | Current |
Financials of Prayatna Developers Limited FY 2025 filings available
Prayatna Developers Limited reported revenue of ₹260.83 Cr (down 3.00% YoY) for FY 2025.
Ten-year financial statements for Prayatna Developers Limited
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.
Charges & Borrowings of Prayatna Developers
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Apr 2024 | Idbi Trusteeship Services Limited | ₹3,399.46 Cr | Open |
| 03 Feb 2022 | Idbi Trusteeship Services Limited | ₹205.6 Cr | Open |
| 18 Oct 2019 | Idbi Trusteeship Services Limited | ₹400 Cr | Open |
| 29 Jan 2021 | Idbi Trusteeship Services Limited | ₹30 Cr | Satisfied |
| 13 Sep 2019 | Idbi Trusteeship Services Limited | ₹3,471 Cr | Satisfied |
Total charge records: 12 View all charges
Employees and EPFO Compliance at Prayatna Developers
Employment history and EPFO contributions of people linked to Prayatna Developers.
Employee and EPFO history for Prayatna Developers Limited
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.
GST Compliance of Prayatna Developers
GST registrations and filing compliance for Prayatna Developers Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Prayatna Developers
Credit ratings, litigation, and regulatory alerts for Prayatna Developers Limited
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 Prayatna Developers
MSME payment history for Prayatna Developers Limited
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 Prayatna Developers
Corporate group structure for Prayatna Developers Limited
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.
MCA Filings & Documents of Prayatna Developers
MCA filings and documents for Prayatna Developers Limited
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.
Recent Activity on Prayatna Developers
Recent News on Prayatna Developers
Frequently Asked Questions about Prayatna Developers Limited
Prayatna Developers is an active public limited company in the infrastructure and utilities sector based in Ahmedabad, Gujarat, India. It was incorporated on 23 June 2015 (11+ years old) and is registered under CIN U70101GJ2015PLC083634. The company has 24 employees.
Prayatna Developers reported revenue of ₹260.83 Cr for FY 2025 (down 3.00% YoY).
The current directors of Prayatna Developers are:
- Jay Himatlal Shah - Director
- Dhaval Bhavikbhai Shah - Managing Director
- Rajiv Mehta - Director
- Chitra Jatinder Bhatnagar - Director
- Keyur Jaykant Vora - Additional Director
The primary industry of Prayatna Developers is infrastructure and utilities. The company specifically operates in power infrastructure and energy projects. The company is currently active in this sector.
Prayatna Developers can be reached at the registered office: Adani Corporate House Shantigram Nr. Vaishno Devi Circle S G Highway Kh, Odiyar, Ahmedabad, Gujarat, India – 382421, or through the website adani.com.
The authorised capital is ₹160 Cr, and the paid-up capital is ₹136.71 Cr.