Promignis Technologies Private Limited
About Promignis Technologies Private Limited
Data last updated:
Promignis Technologies Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 20 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2019PTC122537. Its GSTIN is 29AAKCP4378B1Z6 (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹30,000. It is led by directors Sathyanarayan Ramasubramanian Ravi and Revant Kumar Jha.
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 is at Office No.210 – U No.88 Borewell Road Opp. Whitefield Post Office Whitefield, Bengaluru, Karnataka, India – 560066.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.47 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹15.25 Lakh (net margin 10.3%) and EBITDA of ₹20.36 Lakh (EBITDA margin 13.8%). Revenue has grown at a compounded annual rate (CAGR) of 98% over three years.
Company details
Contact details
Promignis Technologies Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No.210 – U No.88 Borewell Road Opp. Whitefield Post Office Whitefield, Bengaluru, Karnataka, India – 560066
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Promignis Technologies 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 Promignis Technologies 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 Promignis Technologies Private Limited, buy the company report.
Financials of Promignis Technologies Private Limited
FY 2023 filings availablePromignis Technologies Private Limited reported revenue of ₹1.47 Cr (up 268% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 98% over three years, including 268% growth 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹20.36 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.25 Lakh | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.8% | ||||
| Net Profit Margin | 10.3% | ||||
| 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 Promignis Technologies Private Limited, buy the company report.
Board of directors of Promignis Technologies Private Limited
Promignis Technologies 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 |
|---|---|---|---|---|
| Sathyanarayan Ramasubramanian Ravi | Director | 20 Mar 2019 | 7 Years 7 Months | Current |
| Revant Kumar Jha Also directs: Artenos Networks Private Limited | Director | 20 Mar 2019 | 7 Years 7 Months | Current |
Peer comparison
Promignis Technologies Private Limited is compared with the 6 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Ciencias in VR Private Limited | ₹1.47 Cr (FY 2025) | -69.0% | Ahmedabad, Gujarat, India | |||
| Seabit Infosolutions Private Limited | ₹1.47 Cr (FY 2025) | 7.0% | Kolkata, West Bengal, India | |||
| Promignis Technologies Private Limitedthis company | ₹1.47 Cr (FY 2023) | ₹15.25 Lakh | 10.3% | 268.0% | Bengaluru, Karnataka, India | |
| Riyom Technologies Private Limited | ₹1.47 Cr (FY 2025) | 134.0% | Bangalore, Karnataka, India | |||
| Varishtha Infotech Services Private Limited | ₹1.47 Cr (FY 2024) | 196.0% | Kanayannur, Kerala, India | |||
| Testmesures Spherea Solutions Private Limited | ₹1.47 Cr (FY 2025) | -81.0% | Bengaluru, Karnataka, India | |||
| Encore India Solutions Private Limited | ₹1.47 Cr (FY 2022) | -7.0% | Andhra Pradesh, India |
To see the full peer comparison of Promignis Technologies Private Limited, buy the company report.
Auditor
Promignis Technologies Private Limited is audited by MAKAM VAIBHAV & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAKAM VAIBHAV & ASSOCIATES | FY 2022 | 019080S |
Shareholding
The shareholding of Promignis Technologies Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Promignis Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Promignis Technologies 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 Promignis Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Promignis Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCP4378B1Z6 | Karnataka | Active | 05 Apr 2019 |
To see the full GST registrations and return filing status of Promignis Technologies Private Limited, buy the company report.
Recent activity
Promignis Technologies Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Saheb Jot Singh ceased to be Director on 01 Aug 2023.
Frequently asked questions
Promignis Technologies is an active private limited company based in Bengaluru, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 20 March 2019 (7+ years old) and is registered under CIN U72200KA2019PTC122537.
Promignis Technologies has 2 current directors:
- Sathyanarayan Ramasubramanian Ravi - Director
- Revant Kumar Jha - Director
The latest financial statements of Promignis Technologies 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 2019 are in the company report.
The GSTIN of Promignis Technologies is 29AAKCP4378B1Z6, registered in Karnataka.
The CIN (Corporate Identification Number) of Promignis Technologies is U72200KA2019PTC122537. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Promignis Technologies was incorporated on 20 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Promignis Technologies by revenue are Ciencias in VR Private Limited, Seabit Infosolutions Private Limited, Riyom Technologies Private Limited, Varishtha Infotech Services Private Limited, Testmesures Spherea Solutions Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).
Saheb Jot Singh ceased to be Director on 01 Aug 2023. Revant Kumar Jha was appointed as Director on 20 Mar 2019. Sathyanarayan Ramasubramanian Ravi was appointed as Director on 20 Mar 2019.
The registered office of Promignis Technologies is at Office No.210 – U No.88 Borewell Road Opp. Whitefield Post Office Whitefield, Bengaluru, Karnataka, India – 560066.
Promignis Technologies operates in the information technology industry, in the application development and software solutions segment.
Promignis Technologies can be reached at its registered office: Office No.210 – U No.88 Borewell Road Opp. Whitefield Post Office Whitefield, Bengaluru, Karnataka, India – 560066.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
