About Prescorp Solutions Private Limited
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Prescorp Solutions Private Limited was a private limited company based in Bangalore, Karnataka, 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 service-based operations segment of the business services sector. It was incorporated on 01 December 2017.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC108355. Its GSTIN is 29AAJCP5556A1ZB (Karnataka).
The company had an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Rutuja Ravindra Arali and Amruth Kumar Sacanki.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at #589 21st Main Road 4th T Block Jayanagar, Bangalore, Karnataka, India – 560041.
As per the financials filed for FY 2020, the company reported a revenue of ₹45,745, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹72,151 (net margin -157.7%) and EBITDA of -₹67,896 (EBITDA margin -148.4%).
The last known website on record is prescorp.in.
Company details
Contact details
Prescorp Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is prescorp.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address#589 21st Main Road 4th T Block Jayanagar, Bangalore, Karnataka, India – 560041
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of Prescorp Solutions Private Limited, buy the company report.
- 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
Financials of Prescorp Solutions Private Limited
FY 2023 filings availablePrescorp Solutions Private Limited reported revenue of ₹45,745 (down 89% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 89% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹45,745 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹67,896 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹72,151 | ||
| 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -148.4% | ||
| Net Profit Margin | -157.7% | ||
| 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 Prescorp Solutions Private Limited, buy the company report.
Board of directors of Prescorp Solutions Private Limited
Prescorp Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rutuja Ravindra Arali | Director | 09 Dec 2021 | 4 Years 10 Months | As last reported |
| Amruth Kumar Sacanki | Director | 09 Dec 2021 | 4 Years 10 Months | As last reported |
Legal cases
No court or tribunal cases involving Prescorp Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prescorp Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prescorp Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCP5556A1ZB | Karnataka | Active | 20 Nov 2019 |
To see the full GST registrations and return filing status of Prescorp Solutions Private Limited, buy the company report.
Recent activity
Prescorp Solutions Private Limited has 6 board changes on record since 2021: 2 appointments and 4 cessations. The latest: Amruth Kumar Sacanki ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Prescorp 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.
Prescorp Solutions was a private limited company based in Bangalore, Karnataka, India. The company worked in other services, within the business services industry. It was incorporated on 01 December 2017 and is registered under CIN U74999KA2017PTC108355. The company has been struck off by the Registrar of Companies and is no longer operational.
Prescorp Solutions had 2 directors:
- Rutuja Ravindra Arali - Director
- Amruth Kumar Sacanki - Director
The CIN (Corporate Identification Number) of Prescorp Solutions is U74999KA2017PTC108355. 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 Prescorp Solutions is at #589 21st Main Road 4th T Block Jayanagar, Bangalore, Karnataka, India – 560041.
Prescorp Solutions was incorporated on 01 December 2017. It is registered with the Registrar of Companies, Bangalore.
Prescorp Solutions can be reached through the website prescorp.in. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Prescorp Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Prescorp Solutions is 29AAJCP5556A1ZB, registered in Karnataka.
Prescorp Solutions operated in the business services industry, in the other services segment. It worked in this industry before it was struck off.