Prism New Media Solutions Private Limited
About Prism New Media Solutions Private Limited
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Prism New Media Solutions Private Limited was a private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Prism Technologies Inc. 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 application development and software solutions segment of the technology and IT services sector. It was incorporated on 04 April 2006.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2006PTC059419. Its GSTIN is 33AADCP8619G7Z8 (Tamil Nadu). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹38.79 Lakh. It was led by directors including Vaidyanathan Viswanatha Swaminathan and Neela Vaidyanathan.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Krisp IT Park No. 942 Vandalur – Kelambakkam Road Kizhakottayur, Chennai, Tamil Nadu, India – 600127.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.86 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹5.07 Lakh (net margin 2.7%) and EBITDA of ₹29.48 Lakh (EBITDA margin 15.8%).
The company had about 32 employees on its provident fund (EPFO) records before it was struck off.
Company details
Contact details
Prism New Media Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressKrisp IT Park No. 942 Vandalur – Kelambakkam Road Kizhakottayur, Chennai, Tamil Nadu, India – 600127
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Prism New Media 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
Business activity
The main business activity of Prism New Media Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Prism New Media Solutions Private Limited, buy the company report.
Financials of Prism New Media Solutions Private Limited
FY 2017 filings availablePrism New Media Solutions Private Limited reported revenue of ₹1.86 Cr (up 50% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 50% in the latest year. EBITDA rose 54% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | ₹29.48 Lakh | ||
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| Net Profit (PAT) | ₹5.07 Lakh | ||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | 15.8% | ||
| Net Profit Margin | 2.7% | ||
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To see the full financial statements and ratios of Prism New Media Solutions Private Limited, buy the company report.
Board of directors of Prism New Media Solutions Private Limited
Prism New Media Solutions has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaidyanathan Viswanatha Swaminathan | Director | 04 Apr 2006 | 20 Years 7 Months | As last reported |
| Neela Vaidyanathan | Director | 24 Apr 2006 | 20 Years 6 Months | As last reported |
| Ganesan Vydyanathan Iyer Also directs: Cogita Technologies Private Limited | Director | 12 Nov 2016 | 10 Years 0 Months | As last reported |
| Naresh Vassudhev | Director | 12 Nov 2016 | 10 Years 0 Months | As last reported |
Peer comparison
Prism New Media Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Self Tech Solutions Private Limited | ₹1.86 Cr (FY 2024) | 122.0% | Nagpur, Maharashtra, India | |||
| Nexgen Technology Services Private Limited | ₹1.86 Cr (FY 2025) | -31.0% | Kolkata, West Bengal, India | |||
| Exultsoft Technologies Private Limited | ₹1.86 Cr (FY 2025) | 52.0% | Banashankari, Bangalore, Karnataka, India | |||
| Prism New Media Solutions Private Limitedthis company | ₹1.86 Cr (FY 2017) | ₹5.07 Lakh | 2.7% | 50.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Prism New Media Solutions Private Limited, buy the company report.
Auditor
Prism New Media Solutions Private Limited is audited by BHASKARAN & RAMESH for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHASKARAN & RAMESH | FY 2016 | 000462S |
Shareholding
The shareholding of Prism New Media Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Prism New Media Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Prism New Media 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 Prism New Media Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prism New Media Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCP8619G7Z8 | Tamil Nadu | Active | 13 Jul 2017 |
To see the full GST registrations and return filing status of Prism New Media Solutions Private Limited, buy the company report.
Recent activity
Prism New Media Solutions Private Limited has 8 board changes on record since 2006: 4 appointments and 4 cessations. The latest: Vaidyanathan Viswanatha Swaminathan ceased to be Director on 22 Oct 2018.
Frequently asked questions
Prism New Media 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.
Prism New Media Solutions was a private limited company based in Chennai, Tamil Nadu, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 04 April 2006 and is registered under CIN U72900TN2006PTC059419. The company has been struck off by the Registrar of Companies and is no longer operational.
Prism New Media Solutions had 4 directors:
- Vaidyanathan Viswanatha Swaminathan - Director
- Neela Vaidyanathan - Director
- Ganesan Vydyanathan Iyer - Director
- Naresh Vassudhev - Director
The CIN (Corporate Identification Number) of Prism New Media Solutions is U72900TN2006PTC059419. 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 Prism New Media Solutions is at Krisp IT Park No. 942 Vandalur – Kelambakkam Road Kizhakottayur, Chennai, Tamil Nadu, India – 600127.
Prism New Media Solutions was incorporated on 04 April 2006. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Prism New Media Solutions on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Prism New Media Solutions is 33AADCP8619G7Z8, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Prism New Media Solutions operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.
The peers of Prism New Media Solutions by revenue are Self Tech Solutions Private Limited, Nexgen Technology Services Private Limited, Exultsoft Technologies Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
Vaidyanathan Viswanatha Swaminathan ceased to be Director on 22 Oct 2018. Neela Vaidyanathan ceased to be Director on 18 Oct 2018. Naresh Vassudhev ceased to be Director on 15 Oct 2018. Prism New Media Solutions has 8 board changes on record in total.
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