About Prokarma Technologies India Private Limited
Data last updated:
Prokarma Technologies India Private Limited was a private limited company based in Secunderabad, Telangana, India, operated as a subsidiary of Ineight India Holding Co Usa. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 21 December 2011.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2011PTC134317. Its GSTIN is 29AAKCA0744J2ZH (Karnataka). The company held 3 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹6 Lakh. It was formerly known as Ineight India Private Limited and Aeka Consulting Private Limited. It was led by directors including Manish Mehta and Kumar Akula.
Its last annual general meeting (AGM) was held on 17 June 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Flat No.104 10 – 3 – 73/10 & 11 East Marredpally, Secunderabad, Telangana, India – 500026.
As per the financials filed for FY 2019, the company reported a revenue of ₹68.1 Cr, a growth of 67% compared to the previous year. For the same year it recorded a net profit of ₹4.44 Cr (net margin 6.5%) and EBITDA of ₹9.2 Cr (EBITDA margin 13.5%). Revenue has grown at a compounded annual rate (CAGR) of 57% over three years and 31% over five years.
The company had about 219 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: ProKarma.
The last known website on record is prokarma.com.
Company details
Name history
Prokarma Technologies India has undergone 2 name changes throughout its history. The company was previously known as Ineight India Private Limited, and Aeka Consulting Private Limited. The current legal name is Prokarma Technologies India Private Limited.
| Company Name | Status |
|---|---|
| Prokarma Technologies India Private Limited | Current |
| Ineight India Private Limited | Previous |
| Aeka Consulting Private Limited | Previous |
CIN history
Prokarma Technologies India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72900TG2011PTC134317, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900TG2011PTC134317 | Current |
| U72900KA2011PTC074750 | Previous |
| U72900TN2011PTC083698 | Previous |
Contact details
Prokarma Technologies India Private Limited's registered office is in Secunderabad, Telangana. Its website is prokarma.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressFlat No.104 10 – 3 – 73/10 & 11 East Marredpally, Secunderabad, Telangana, India – 500026
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Prokarma Technologies India 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
Brands
Prokarma Technologies India operates one associated brand: ProKarma. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of UX design, business strategy, data analytics, and cloud management services | prokarma.com |
Financials of Prokarma Technologies India Private Limited
FY 2019 filings availableProkarma Technologies India Private Limited reported revenue of ₹68.1 Cr (up 67% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 67% growth in the latest year. EBITDA rose 38% 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profit and Loss Statement | |||||
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| Total Revenue | ₹68.1 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹9.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.44 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.5% | ||||
| Net Profit Margin | 6.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Prokarma Technologies India Private Limited, buy the company report.
Board of directors of Prokarma Technologies India Private Limited
Prokarma Technologies India has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Mehta Also directs: Gradera Technologies Private Limited | Director | 31 Mar 2019 | 7 Years 6 Months | As last reported |
| Kumar Akula Also directs: Gradera Technologies Private Limited | Director | 31 Mar 2019 | 7 Years 6 Months | As last reported |
| Ijju Vijayananda Also directs: Gradera Technologies Private Limited | Director | 31 Mar 2019 | 7 Years 6 Months | As last reported |
| Vivek Kumar Also directs: Gradera Technologies Private Limited | Director | 31 Mar 2019 | 7 Years 6 Months | As last reported |
Auditor
Prokarma Technologies India Private Limited is audited by R ANAND & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R ANAND & ASSOCIATES | FY 2019 | 008231S |
Shareholding
The shareholding of Prokarma Technologies India Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Prokarma Technologies India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Prokarma Technologies India 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 Prokarma Technologies India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prokarma Technologies India Private Limited has a workforce of 219 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
GST
Prokarma Technologies India has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCA0744J2ZH | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prokarma Technologies India Private Limited, buy the company report.
Recent activity
Prokarma Technologies India Private Limited has 16 board changes on record since 2013: 4 appointments and 12 cessations. The latest: Ijju Vijayananda ceased to be Additional Director on 17 Jun 2019.
7 earlier events are in the company report.
News
Frequently asked questions
Prokarma Technologies India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Prokarma Technologies India was a private limited company based in Secunderabad, Telangana, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 21 December 2011 and is registered under CIN U72900TG2011PTC134317. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Prokarma Technologies India was incorporated on 21 December 2011. It is registered with the Registrar of Companies, Hyderabad.
Prokarma Technologies India had 4 directors:
- Manish Mehta - Director
- Kumar Akula - Director
- Ijju Vijayananda - Director
- Vivek Kumar - Director
The CIN (Corporate Identification Number) of Prokarma Technologies India is U72900TG2011PTC134317. 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 Prokarma Technologies India is at Flat No.104 10 – 3 – 7310 & 11 East Marredpally, Secunderabad, Telangana, India – 500026.
Prokarma Technologies India can be reached through the website prokarma.com. Its registered office is in Secunderabad, Telangana, India.
The latest financial statements of Prokarma Technologies India on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 17 June 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Prokarma Technologies India is 29AAKCA0744J2ZH, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
Prokarma Technologies India operated in the information technology industry, in the application development and software solutions segment.