Prayatna Developers Limited - Company overview

Prayatna Developers is an active public limited company registered with ROC Ahmedabad on 23 June 2015, about 11 years ago.

2015-06-23 Ahmedabad, Gujarat Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹100–500 Cr
▼ -0.2%
FY 2022
PROFIT / LOSS
₹10–25 Cr
▼ -6.5%
FY 2022
EBITDA
₹100–500 Cr
▼ -12.6%
FY 2022
NET WORTH
₹100–500 Cr
▲ 6.4%
FY 2022
TOTAL ASSETS
₹1000+ Cr
▼ -3.5%
FY 2022
EMPLOYEE COUNT
21–30
OPEN CHARGES
3
-
PAID-UP CAPITAL
136.71 cr
AUTHORISED CAPITAL
160.00 cr
COMPANY AGE
11 Years 3 Months
since 2015-06-23
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-08-28
ACTIVE GST
5
Updated: 2023-10-31 16:11:45
TOTAL MONEY RAISED
₹100–500 Cr
SATISFIED CHARGES
9
4,726.44 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Prayatna Developers covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Low risk
78/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (74), financial health (65), director (90) and company-foundation signals.
  • Operating for 11+ years.
Compliance Score Moderate
74/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Moderate
65/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2022.
  • Positive net worth.
Director Risk Score Low risk
90/100
Board strength, DIN status and churn.
  • 5 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Prayatna Developers Company identity, industry, contact, and registration details from MCA and company records.

Prayatna Developers is an active public limited company registered with ROC Ahmedabad on 23 June 2015, about 11 years ago. Its registered office is in Ahmedabad, Gujarat. It was earlier known as Prayatna Developers Private Limited.

Its filings describe the main line of business as electric power generation, transmission and distribution, which made up 100% of turnover.

It has five directors: Jay Himatlal Shah, Dhaval Bhavikbhai Shah, Rajiv Mehta and 2 others. The longest-serving is Dhaval Bhavikbhai Shah, on the board since 2016; the most recent to join is Keyur Jaykant Vora, appointed in December 2025. Dhaval Bhavikbhai Shah is the managing director. 14 former directors are on record; the most recent to leave was Satyajeet Ghoshal in December 2025. Between them, the directors also sit on the boards of 29 other companies, including Parampujya Solar Energy Limited and Adani Agri Logistics (Dewas) Limited.

Paid-up capital stands at ₹137 crore out of ₹160 crore authorised. The last AGM on record was on 28 August 2025, for accounts made up to 31 March 2025. Three charges (secured loans) are still open, with Idbi Trusteeship Services Limited among the lenders, and nine more have been paid off.

Infrastructure and Utilities ••••••••
  • Location Adani Corporate House, Shantigram, Nr. Vaishno Devi Circle, S G Highway, Kh, Ahmedabad, Gujarat - 382421
  • Website adani.com
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Name History
Legal NamePrayatna Developers Limited
CIN / LLPINU70101GJ2015PLC083634
Company No.083634
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date2015-06-23
Date of AGM2025-08-28
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Ahmedabad
Credit RatingAA (Indiarating)
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Prayatna Developers (5) Current board members from MCA filings, including designation and appointment details.

J
Jay Himatlal Shah
Director | Since 2021-03-31 | DIN: 00005709
D
Dhaval Bhavikbhai Shah
Managing Director | Since 2016-01-13 | DIN: 02320719
R
Rajiv Mehta
Director | Since 2021-10-25 | DIN: 09281821
C
Chitra Jatinder Bhatnagar
Director | Since 2016-08-19 | DIN: 07146185
K
Keyur Jaykant Vora
Additional Director | Since 2025-12-04 | DIN: 11330446

Financial Performance of Prayatna Developers Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2022
Revenue ₹100–500 Cr ▼ -0.2%
P&L ₹10–25 Cr ▼ -6.5%
EBITDA ₹100–500 Cr ▼ -12.6%
Net worth ₹100–500 Cr ▲ 6.4%

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Verified entity values are shown only after access is granted.

Charges of Prayatna Developers Open and satisfied charges registered against the company with MCA.

Idbi Trusteeship Services Limited : 7,506.06 cr
Open Charges: 3 Satisfied Charges: 9
Open -
Satisfied 4,726.44 cr
LenderAmountStatus
Idbi Trusteeship Services Limited
Creation Date: 09 Apr 2024
 3,399.46 cr Open
Idbi Trusteeship Services Limited
Creation Date: 03 Feb 2022
 205.60 cr Open
Idbi Trusteeship Services Limited
Creation Date: 29 Jan 2021
 30.00 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Electricity, gas, steam and air condition supplyElectric power generation, transmission and distribution100

Companies With Common Directors Of Prayatna Developers Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Parampujya Solar Energy Limited 2 Shared Directors
Adani Agri Logistics (Dewas) Limited 1 Shared Director
Adani Agri Logistics (Harda) Limited 1 Shared Director
Adani Agri Logistics (Hoshangabad) Limited 1 Shared Director
Adani Agri Logistics (Mp) Limited 1 Shared Director
Adani Agri Logistics (Satna) Limited 1 Shared Director
Adani Agri Logistics (Ujjain) Limited 1 Shared Director
Adani Chemicals Ltd 1 Shared Director
Adani Green Energy (Tamilnadu) Limited 1 Shared Director
Adani Green Energy (Up) Limited 1 Shared Director
Adani Green Energy Sixty Eight Limited 1 Shared Director
Adani Green Energy Sixty Five Limited 1 Shared Director
Adani Green Energy Sixty Nine Limited 1 Shared Director
Adani Green Energy Sixty Seven Limited 1 Shared Director
Adani Green Energy Sixty Six Limited 1 Shared Director
Adani Logistics Services Limited 1 Shared Director
Adani Renewable Energy Holding Five Limited 1 Shared Director
Adani Renewable Energy Thirty Three Private Limited 1 Shared Director
Adani Renewable Energy Twenty Nine Private Limited 1 Shared Director
Adani Renewable Energy Twenty Seven Private Limited 1 Shared Director
Adani Wind Energy Mp One Private Limited 1 Shared Director
Alipurduar Transmission Limited 1 Shared Director
Amaya Exim Private Limited 1 Shared Director
Gvk Airport Developers Limited 1 Shared Director
Gvk Airport Holdings Limited 1 Shared Director
Kamuthi Solar Power Limited 1 Shared Director
Ocean Sparkle Limited 1 Shared Director
Shital Metallics And Additives Llp 1 Shared Director
Vento Energy Infra Limited 1 Shared Director

Financial Ratios of Prayatna Developers Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

8 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Prayatna Developers Ownership and contribution detail from filings. Full breakdown unlocks with your report.

7 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Prayatna Developers EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Prayatna Developers GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Prayatna Developers Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Prayatna Developers MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Prayatna Developers Official MCA forms, returns, and filing index. Document access unlocks with your report.

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Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Prayatna Developers Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Prayatna Developers?
MCA does not publish an "owner" field. Prayatna Developers is run by its directors, Jay Himatlal Shah, Dhaval Bhavikbhai Shah, Rajiv Mehta and two others, with Dhaval Bhavikbhai Shah as managing director. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Prayatna Developers?
Prayatna Developers has five current directors: Jay Himatlal Shah (since March 2021), Dhaval Bhavikbhai Shah (since January 2016), Rajiv Mehta (since October 2021), Chitra Jatinder Bhatnagar (since August 2016) and Keyur Jaykant Vora (since December 2025). Dhaval Bhavikbhai Shah is the managing director.
What is CIN of Prayatna Developers?
The CIN of Prayatna Developers is U70101GJ2015PLC083634. Reading it left to right: U means it is not listed, 70101 is the industry code it registered under, GJ is Gujarat, 2015 is the year it was registered, PLC is the company type and 083634 is its registration number.
When was Prayatna Developers incorporated?
Prayatna Developers was incorporated on 23 June 2015 with ROC Ahmedabad. That makes it about 11 years old.
What is the registered address of Prayatna Developers?
The registered office on MCA records is Adani Corporate House, Shantigram, Nr. Vaishno Devi Circle, S G Highway, Kh, Ahmedabad, Gujarat - 382421.
What is the current status of Prayatna Developers?
MCA shows Prayatna Developers as Active, and its last AGM on record was in August 2025.
What is the contact number or email for Prayatna Developers?
You can post to its registered office at Adani Corporate House, Shantigram, Nr. Vaishno Devi Circle, S G Highway, Kh, Ahmedabad, Gujarat - 382421 and use its website, https://adani.com.
What industry or business activity is Prayatna Developers associated with?
Its MCA filings list the main business as electric power generation, transmission and distribution (100% of turnover).
What is paid-up capital and authorised share capital of Prayatna Developers?
Paid-up capital is ₹137 crore and authorised capital is ₹160 crore, so about 85% of the authorised amount has been issued.
When did Prayatna Developers last file accounts and hold an AGM?
The last AGM on record was on 28 August 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Prayatna Developers?
Three charges against Prayatna Developers are still open and nine have been satisfied. Lenders named in the filings include Idbi Trusteeship Services Limited.
Have any directors left Prayatna Developers?
Yes, 14 former directors are on record. The most recent to leave were Satyajeet Ghoshal (December 2025), Kirti Vitthaldas Joshi (October 2021) and Krishnakumar Chhaganlal Mishra (January 2021).
Which companies share directors with Prayatna Developers?
29 companies share directors with Prayatna Developers. Among them are Parampujya Solar Energy Limited, Adani Agri Logistics (Dewas) Limited, Adani Agri Logistics (Harda) Limited and 26 more.
What is the turnover or revenue of Prayatna Developers?
Based on filed financial statements, the revenue of Prayatna Developers for FY 2022 was in the ₹100–500 Cr range. That is down 0.2% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Prayatna Developers?
For FY 2022, the net worth of Prayatna Developers was in the ₹100–500 Cr range.
How can I get the financial details of Prayatna Developers?
The latest accounts on record are for FY 2022. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Prayatna Developers?
The website on record for Prayatna Developers is https://adani.com.
Which company owns adani.com?
adani.com is the website listed for Prayatna Developers Limited in its company records.
Prayatna Developers - is it listed or unlisted?
Prayatna Developers is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Prayatna Developers?
Prayatna Developers is registered with ROC Ahmedabad.
What is the company classification of Prayatna Developers?
MCA classifies Prayatna Developers as: Public Limited Indian Non-Government Company.
Does Prayatna Developers have GST registrations on file?
Yes, 5 active GST registrations are linked to Prayatna Developers, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.