Prasoma IT Solutions Private Limited
About Prasoma IT Solutions Private Limited
Data last updated:
Prasoma IT Solutions Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the consultancy services segment of the technology and IT services sector. It was incorporated on 31 May 2010.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2010PTC068646.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It was led by directors Madhava Potturi and Mohana Madhav Potturi.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 303 Shivam Fortunekumkum Heights 186/P Rr Masjid Banda Kondapur, Hyderabad, Telangana, India – 500084.
As per the financials filed for FY 2018, the company reported a revenue of ₹60,000, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹12,644 (net margin -21.1%) and EBITDA of -₹1,110 (EBITDA margin -1.8%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years.
CIN History of Prasoma IT Solutions Private Limited
Prasoma IT Solutions has one previous CIN (Corporate Identification Number): U72200AP2010PTC068646. The current CIN is U72200TG2010PTC068646, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2010PTC068646 | Current |
| U72200AP2010PTC068646 | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address303 Shivam Fortunekumkum Heights 186/P Rr Masjid Banda Kondapur, Hyderabad, Telangana, India – 500084
- IndustryInformation Technology, Consultancy, Computer Programming
- 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
- One PDF report, delivered after checkout
Business Activity of Prasoma IT Solutions Private Limited
The main business activity of Prasoma IT Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
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.
Financials of Prasoma IT Solutions Private Limited FY 2018 filings available
Prasoma IT Solutions Private Limited reported revenue of ₹60,000 (down 37% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Prasoma IT Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 42% over three years, including a 37% fall in the latest year. EBITDA rose 97% 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 of Prasoma IT Solutions Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| 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 | -₹1,110 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹12,644 | •••• | •••• | •••• |
| 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 Prasoma IT Solutions Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -1.8% | •••• | •••• | •••• |
| Net Profit Margin | -21.1% | •••• | •••• | •••• |
| 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 Prasoma IT Solutions are in the company report.
Financial statements from 2015
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.
Board of Directors of Prasoma IT Solutions Private Limited
Prasoma IT Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhava Potturi Also directs: Nandan Bio- Research Foundation | Director | 31 May 2010 | 16 Years 4 Months | As last reported |
| Mohana Madhav Potturi | Director | 19 Feb 2011 | 15 Years 8 Months | As last reported |
Peer Comparison of Prasoma IT Solutions Private Limited
Prasoma IT Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tenxgrowth Private Limited | ₹60,180 (FY 2021) | •••• | •••• | -67.0% | •••• | Navi Mumbai, Maharashtra, India |
| Viewsign Technology Private Limited | ₹60,120 (FY 2024) | •••• | •••• | -60.0% | •••• | Bulandshahr, Uttar Pradesh, India |
| Akarta IT Solutions Private Limited | ₹60,120 (FY 2025) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Rastelx Technologies Private Limited | ₹60,030 (FY 2025) | •••• | •••• | 5.0% | •••• | Ernakulam, Kerala, India |
| Prasoma IT Solutions Private Limited this company | ₹60,000 (FY 2018) | •••• | •••• | -37.0% | •••• | Hyderabad, Telangana, India |
| Techpixels Private Limited | ₹60,000 (FY 2022) | •••• | •••• | 4.0% | •••• | Pune, Maharashtra, India |
| Vesdoc Streamzone Private Limited | ₹60,000 (FY 2024) | •••• | •••• | -50.0% | •••• | Dhanbad, Jharkhand, India |
| FTFS Studio Private Limited | ₹60,000 (FY 2025) | •••• | •••• | •••• | Indore, Madhya Pradesh, India | |
| Revspire Technologies Private Limited | ₹60,000 (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Intellisnap Systems Private Limited | ₹60,000 (FY 2019) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Vootoop Solutions Private Limited | ₹60,000 (FY 2024) | •••• | •••• | -40.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Prasoma IT Solutions by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Prasoma IT Solutions Private Limited
Prasoma IT Solutions Private Limited is audited by SIVA RAMA KRISHNA V VVANGIPURAPU for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SIVA RAMA KRISHNA V VVANGIPURAPU | 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.
Ownership and Shareholding of Prasoma IT Solutions 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
Verified entity values are shown only after access is granted.
Charges & Borrowings of Prasoma IT Solutions Private Limited
Prasoma IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Prasoma IT Solutions Private Limited
Employment history and EPFO contributions of people linked to Prasoma IT Solutions.
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 Prasoma IT Solutions Private Limited
Prasoma IT Solutions Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Yathiraja Venkata Satya Manikanta Pradeep Potturi ceased to be Director on 12 Mar 2011.
Credit Ratings, Litigation & Regulatory Alerts for Prasoma IT Solutions 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 Prasoma IT Solutions 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
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Prasoma IT Solutions 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 Prasoma IT Solutions Private Limited
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 Prasoma IT Solutions 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 Prasoma IT Solutions Private Limited
Prasoma IT Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Prasoma IT Solutions was a private limited company based in Hyderabad, Telangana, India. The company worked in consultancy, within the information technology industry. It was incorporated on 31 May 2010 and is registered under CIN U72200TG2010PTC068646. The company has been struck off by the Registrar of Companies and is no longer operational.
Prasoma IT Solutions had 2 directors:
- Madhava Potturi - Director
- Mohana Madhav Potturi - Director
The CIN (Corporate Identification Number) of Prasoma IT Solutions is U72200TG2010PTC068646. 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 Prasoma IT Solutions is at 303 Shivam Fortunekumkum Heights 186P Rr Masjid Banda Kondapur, Hyderabad, Telangana, India – 500084.
Prasoma IT Solutions was incorporated on 31 May 2010. It is registered with the Registrar of Companies, Hyderabad.
Prasoma IT Solutions reported revenue of ₹60,000 for FY 2018 (down 37% YoY).
Prasoma IT Solutions has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh.
Prasoma IT Solutions reported a net loss of ₹12,644 (net margin -21.1%) and EBITDA of -₹1,110 (EBITDA margin -1.8%) for FY 2018, as per its filed financial statements.
Prasoma IT Solutions operated in the information technology industry, in the consultancy segment. It worked in this industry before it was struck off.
The compounded annual growth rate (CAGR) of the revenue of Prasoma IT Solutions is -42% over three years. In the latest year (FY 2018) revenue fell 37%. CAGR is the steady yearly rate that links the first and the last year.