About Venkata Praneeth Technologies Private Limited
Data last updated:
Venkata Praneeth Technologies Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the ride-hailing services segment of the transport and logistics sector. It was incorporated on 12 February 2019.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2019PTC130514. Its GSTIN is 36AAGCV8034N1ZR (Telangana).
The company had an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It was led by directors Kamaraju Narendra Kumar and Kamaraju Bhanu Rekha.
Its last annual general meeting (AGM) was held on 04 August 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 3rd Floor Aarka Prime Plot No. 797 Road No. 36 Jubilee Hills, Hyderabad, Telangana, India – 500034.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.54 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹1.61 Cr and EBITDA of -₹1.25 Cr.
The company had about 18 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Prydo.
The last known website on record is praneeth.com.
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- Registered Address3rd Floor Aarka Prime Plot No. 797 Road No. 36 Jubilee Hills, Hyderabad, Telangana, India – 500034
- IndustryTransport and Logistics, Ride-Hailing 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
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Financials of Venkata Praneeth Technologies Private Limited FY 2021 filings available
Venkata Praneeth Technologies Private Limited reported revenue of ₹1.54 Lakh (down 96% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Venkata Praneeth Technologies Private Limited
Revenue fell 96% in the latest year. EBITDA rose 81% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Venkata Praneeth Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹1.54 Lakh | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹1.25 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.61 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 Venkata Praneeth Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• |
| 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 Venkata Praneeth Technologies are in the company report.
Financial statements from FY 2019
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 Venkata Praneeth Technologies Private Limited
Venkata Praneeth Technologies Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Call Taxi and Radio Cab Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Magic World Private Limited | •••• | •••• | •••• | •••• | - | Pune City, Maharashtra, India |
| Harshit Buildwell Private Limited | •••• | •••• | •••• | •••• | - | Uttar Pradesh, India |
| India Drivers Network Services Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| Kasliwal Marbles Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Arshparth Consultancy Services Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Venkata Praneeth Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Kongu Tamilan Transport Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Ride Covenant Private Limited | •••• | •••• | •••• | •••• | - | Gurugram, Haryana, India |
| Aparajita Rental Services Private Limited | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
| Manor Travels Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Mukul Cab Private Limited | •••• | •••• | •••• | •••• | - | Chandigarh, India |
Peers are the five companies nearest above and the five nearest below Venkata Praneeth Technologies by revenue in the Transport and Logistics industry (Call Taxi and Radio Cab Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Venkata Praneeth Technologies Private Limited
Venkata Praneeth Technologies Private Limited is audited by S V RAO ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S V RAO ASSOCIATES | 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 Venkata Praneeth Technologies Private Limited
Venkata Praneeth Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamaraju Narendra Kumar Also directs: Praneeth Innovatives LLP, Pranava Sai Estates LLP, Pranav Sai Power Solutions LLP and 5 more | Director | 12 Feb 2019 | 7 Years 7 Months | As last reported |
| Kamaraju Bhanu Rekha Also directs: Praneeth Innovatives LLP, Pranava Sai Estates LLP, Pranav Sai Power Solutions LLP and 2 more | Director | 31 Mar 2019 | 7 Years 6 Months | As last reported |
Ownership and Shareholding of Venkata Praneeth Technologies 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
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Charges & Borrowings of Venkata Praneeth Technologies Private Limited
Venkata Praneeth Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Venkata Praneeth Technologies Private Limited
Employment history and EPFO contributions of people linked to Venkata Praneeth Technologies.
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 Venkata Praneeth Technologies Private Limited
Venkata Praneeth Technologies Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Srikanth Chintalapati ceased to be Additional Director on 15 Sep 2020.
Credit Ratings, Litigation & Regulatory Alerts for Venkata Praneeth Technologies 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 Venkata Praneeth Technologies 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
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Subsidiaries & Group Companies of Venkata Praneeth Technologies 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 Venkata Praneeth Technologies Private Limited
Venkata Praneeth Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAGCV8034N1ZR | Telangana | Active | 20 Mar 2019 |
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 Venkata Praneeth Technologies 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 Venkata Praneeth Technologies Private Limited
Venkata Praneeth Technologies has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Venkata Praneeth Technologies was a private limited company based in Hyderabad, Telangana, India. The company worked in ride-hailing services, within the transport and logistics industry. It was incorporated on 12 February 2019 and is registered under CIN U72900TG2019PTC130514. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Venkata Praneeth Technologies was incorporated on 12 February 2019. It is registered with the Registrar of Companies, Hyderabad.
Venkata Praneeth Technologies had 2 directors:
- Kamaraju Narendra Kumar - Director
- Kamaraju Bhanu Rekha - Director
The CIN (Corporate Identification Number) of Venkata Praneeth Technologies is U72900TG2019PTC130514. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Venkata Praneeth Technologies is at 3rd Floor Aarka Prime Plot No. 797 Road No. 36 Jubilee Hills, Hyderabad, Telangana, India – 500034.
Venkata Praneeth Technologies can be reached through the website praneeth.com. Its registered office is in Hyderabad, Telangana, India.
Venkata Praneeth Technologies reported revenue of ₹1.54 Lakh for FY 2021 (down 96% YoY).
Venkata Praneeth Technologies has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr.
Venkata Praneeth Technologies reported a net loss of ₹1.61 Cr and EBITDA of -₹1.25 Cr for FY 2021, as per its filed financial statements.
The GSTIN of Venkata Praneeth Technologies is 36AAGCV8034N1ZR, registered in Telangana.