Praavega AI Private Limited

Praavega AI Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U62099PN2016PTC166526 Incorporated 22 September 2016 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹93,281
▲ 4621% YoY
Net loss · FY 2024
₹18,603
Net margin -19.9%
EBITDA · FY 2024
-₹16,579
EBITDA margin -17.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
2
GST registered

About Praavega AI Private Limited

Data last updated:

Praavega AI Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 22 September 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U62099PN2016PTC166526. Its GSTIN is 27AADCL1789K1Z1 (Maharashtra). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Lusidsoft India Private Limited. It is led by directors Monica Gaur and Anshoo Krishnadeo Gaur.

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 B Wing 401 Waterfront Plot No. 59A 60B Kalyani Nagar, Pune, Maharashtra, India – 411006.

As per the financials filed for FY 2024, the company reported a revenue of ₹93,281, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹18,603 (net margin -19.9%) and EBITDA of -₹16,579 (EBITDA margin -17.8%). Revenue has declined at a compounded annual rate (CAGR) of 27% over five years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U62099PN2016PTC166526
Registration Number 166526
Incorporation Date 22 September 2016
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

CIN history

Praavega AI has one previous CIN (Corporate Identification Number): U72900PN2016PTC166526. The current CIN is U62099PN2016PTC166526, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U62099PN2016PTC166526Current
U72900PN2016PTC166526Previous

Contact details

Praavega AI Private Limited's registered office is in Pune, Maharashtra.

  • Registered Address
    B Wing 401 Waterfront Plot No. 59A 60B Kalyani Nagar, Pune, Maharashtra, India – 411006
  • Industry
    Information Technology, Application Development & Software Solutions
Comprehensive company report
Praavega AI Private Limited - one report that includes everything
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  • Legal cases, compliance and MCA filings
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Financials of Praavega AI Private Limited

FY 2025 filings available

Praavega AI Private Limited reported revenue of ₹93,281 (up 4621% YoY) for FY 2024.

Revenue · FY 2024
₹93,281 ▲ 4621%
Net loss · FY 2024
₹18,603 margin -19.9%
EBITDA · FY 2024
-₹16,579 margin -17.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
5 years · compounded
▼ 27%
EBITDA CAGR growth
1 year
▲ 76%
3 years · compounded
▲ 50%
5 years · compounded
▼ 19%

Revenue has declined at a compounded annual rate (CAGR) of 27% over five years. EBITDA rose 76% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-₹16,579
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹18,603
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-17.8%
Net Profit Margin-19.9%
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

To see the full financial statements and ratios of Praavega AI Private Limited, buy the company report.

Board of directors of Praavega AI Private Limited

Praavega AI has 2 directors on record. No former directors are listed.

Current Directors

MSME payment delays

No delayed payments to MSME suppliers are on our record for Praavega AI Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Praavega AI has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AADCL1789K1Z1MaharashtraActive01 Jun 2018
37AADCL1789K1Z0Andhra PradeshActive10 Dec 2020

To see the full GST registrations and return filing status of Praavega AI Private Limited, buy the company report.

Recent activity

Praavega AI Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Anshoo Krishnadeo Gaur was appointed as Director on 22 Sep 2016.

AGM
Praavega Ai Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Praavega Ai Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Anshoo Krishnadeo Gaur was appointed as Director.
Appointed
Monica Gaur was appointed as Director.
Incorporation
22 Sep 2016
Praavega Ai Private Limited was registered on 22 Sep 2016 with Roc Pune & aged 10 years 1 month as per MCA records.

Frequently asked questions

Praavega AI is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 22 September 2016 (10+ years old) and is registered under CIN U62099PN2016PTC166526.

Praavega AI has 2 current directors:

The latest financial statements of Praavega AI on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Praavega AI is 27AADCL1789K1Z1, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AADCL1789K1Z0 (Andhra Pradesh).

The CIN (Corporate Identification Number) of Praavega AI is U62099PN2016PTC166526. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Praavega AI was incorporated on 22 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.

Anshoo Krishnadeo Gaur was appointed as Director on 22 Sep 2016. Monica Gaur was appointed as Director on 22 Sep 2016.

The registered office of Praavega AI is at B Wing 401 Waterfront Plot No. 59A 60B Kalyani Nagar, Pune, Maharashtra, India – 411006.

Praavega AI operates in the information technology industry, in the application development and software solutions segment.

The compliance status of Praavega AI is compliant as of 07 August 2026. The company is actively filing with the Registrar of Companies.