DPIIT recognised startup Government of India
Startup India
Prestion Systems Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹1.38 Lakh
Latest filing
Net loss · FY 2019
₹43,374
Net margin -31.5%
EBITDA · FY 2019
-₹32,053
EBITDA margin -23.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Prestion Systems Private Limited
Data last updated:
Prestion Systems Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 21 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018PTC118709. Its GSTIN is 29AAKCP2098L1ZO (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Tushar Ranjan Panda (Whole-Time Director) and Ravi Chandra Pathi.
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 Bangalore, Karnataka.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.38 Lakh. For the same year it recorded a net loss of ₹43,374 (net margin -31.5%) and EBITDA of -₹32,053 (EBITDA margin -23.3%).
For more details, the company can be reached via its website prestionsystems.com.
Company details
CIN U72900KA2018PTC118709
Registration Number 118709
Incorporation Date 21 November 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Prestion Systems
Contact details
Prestion Systems Private Limited's registered office is in Bangalore, Karnataka. Its website is prestionsystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC/O – Om Chambers 648/A 4th Floor, Binnamangala 1st Stage Indiranagar, Bangalore, Karnataka, India – 560038
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Prestion Systems Private Limited, buy the company report.
Comprehensive company report
Prestion Systems Private Limited - one report that includes everything
- 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 Prestion Systems Private Limited
FY 2025 filings availablePrestion Systems Private Limited reported revenue of ₹1.38 Lakh for FY 2019.
Revenue · FY 2019
₹1.38 Lakh
Net loss · FY 2019
₹43,374 margin -31.5%
EBITDA · FY 2019
-₹32,053 margin -23.3%
Financial Statement Summary
| Metrics | FY 2018-19 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹1.38 Lakh |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹32,053 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹43,374 |
| 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 2018-19 |
|---|---|
| Profitability | |
| EBITDA Margin | -23.3% |
| Net Profit Margin | -31.5% |
| 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 Prestion Systems Private Limited, buy the company report.
Board of directors of Prestion Systems Private Limited
Prestion Systems has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Chandra Pathi | Director | 13 Dec 2021 | 4 Years 11 Months | Current |
| Tushar Ranjan Panda Also directs: Denesys Innovations Private Limited | Whole-Time Director | 21 Nov 2018 | 7 Years 11 Months | Current |
Legal cases
No court or tribunal cases involving Prestion Systems 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 Prestion Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prestion Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCP2098L1ZO | Karnataka | Active | 18 Jan 2019 |
To see the full GST registrations and return filing status of Prestion Systems Private Limited, buy the company report.
Recent activity
Prestion Systems Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Ravi Chandra Pathi ceased to be Additional Director on 29 Sep 2022.
AGM
Prestion Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Prestion Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Ravi Chandra Pathi ceased to be Additional Director.
Ceased
Ravi Ramchandra Shrigiri ceased to be Whole-Time Director.
Appointed
Ravi Chandra Pathi was appointed as Director.
Ceased
Thimmesh Narendra Kumar ceased to be Director.
Ceased
Tushar Ranjan Panda ceased to be Director.
Appointed
Tushar Ranjan Panda was appointed as Whole-Time Director.
Incorporation
21 Nov 2018
Prestion Systems Private Limited was registered on 21 Nov 2018 with Roc Bangalore & aged 7 years 11 months as per MCA records.
Frequently asked questions
Prestion Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 21 November 2018 (8+ years old) and is registered under CIN U72900KA2018PTC118709.
Prestion Systems has 2 current directors:
- Tushar Ranjan Panda - Whole-Time Director
- Ravi Chandra Pathi - Director
The latest financial statements of Prestion Systems 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 2019 are in the company report.
The GSTIN of Prestion Systems is 29AAKCP2098L1ZO, registered in Karnataka.
The CIN (Corporate Identification Number) of Prestion Systems is U72900KA2018PTC118709. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prestion Systems was incorporated on 21 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Ravi Chandra Pathi ceased to be Additional Director on 29 Sep 2022. Ravi Ramchandra Shrigiri ceased to be Whole-Time Director on 14 Dec 2021. Ravi Chandra Pathi was appointed as Director on 13 Dec 2021. Prestion Systems has 6 board changes on record in total.
Yes, Prestion Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Prestion Systems can be reached through the website prestionsystems.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Prestion Systems is at CO – Om Chambers 648A 4th Floor, Binnamangala 1st Stage Indiranagar, Bangalore, Karnataka, India – 560038.
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