Pronovate Technologies Private Limited
About Pronovate Technologies Private Limited
Data last updated:
Pronovate Technologies Private Limited was a private limited company based in Noida, Uttar Pradesh, 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 corporate training and development segment of the education sector. It was incorporated on 06 September 2017.
The company was registered with the Registrar of Companies (ROC), Kanpur, under CIN U72900UP2017PTC096695. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹14 Lakh and a paid-up capital of ₹13.3 Lakh. It was led by directors including Sonal Bhutani and Rohan Mital.
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 House No. 324 Sector 28 Arunvihar Noida Gautam Buddha Nagar, Uttar Pradesh, India – 201301.
As per the financials filed for FY 2023, the company reported a revenue of ₹29,400. For the same year it recorded a net loss of ₹32,800 (net margin -111.6%) and EBITDA of -₹15,600 (EBITDA margin -53.1%). Revenue has declined at a compounded annual rate (CAGR) of 68% over three years and 38% over five years.
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- Registered AddressHouse No. 324 Sector 28 Arunvihar Noida Gautam Buddha Nagar, Uttar Pradesh, India – 201301
- IndustryEducation, Corporate Training & Development
- 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
- One PDF report, delivered after checkout
Financials of Pronovate Technologies Private Limited
FY 2023 filings availablePronovate Technologies Private Limited reported revenue of ₹29,400 for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years. EBITDA rose 51% 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 2018-19 to FY 2021-22in the company report |
|---|---|---|
| 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 | -₹15,600 | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹32,800 | |
| 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 2018-19 to FY 2021-22in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -53.1% | |
| Net Profit Margin | -111.6% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2018-19 to FY 2021-22, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Pronovate Technologies are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Board of Directors of Pronovate Technologies Private Limited
Pronovate Technologies has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sonal Bhutani | Director | 06 Sep 2017 | 9 Years 1 Months | As last reported |
| Rohan Mital Also directs: Creative Clutch Private Limited | Director | 06 Sep 2017 | 9 Years 1 Months | As last reported |
| Sanjiv Mital Also directs: Royal Datamatics Private Limited, Homekraft Infra Private Limited, Infozech Software Private Limited and 2 more | Director | 11 Oct 2017 | 9 Years 0 Months | As last reported |
Auditor Details
Pronovate Technologies Private Limited is audited by Ravish Agrawal & Associates for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ravish Agrawal & Associates | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Pronovate Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Pronovate Technologies.
: available in the company report
Recent Activity
Pronovate Technologies Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Sanjiv Mital ceased to be Additional Director on 29 Dec 2018.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Pronovate Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Pronovate Technologies 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.
Pronovate Technologies was a private limited company based in Noida, Uttar Pradesh, India. The company worked in corporate training and development, within the education industry. It was incorporated on 06 September 2017 and is registered under CIN U72900UP2017PTC096695. The company has been struck off by the Registrar of Companies and is no longer operational.
Pronovate Technologies had 3 directors:
- Sonal Bhutani - Director
- Rohan Mital - Director
- Sanjiv Mital - Director
The CIN (Corporate Identification Number) of Pronovate Technologies is U72900UP2017PTC096695. 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 Pronovate Technologies is at House No. 324 Sector 28 Arunvihar Noida Gautam Buddha Nagar, Uttar Pradesh, India – 201301.
Pronovate Technologies was incorporated on 06 September 2017. It is registered with the Registrar of Companies, Kanpur.
The latest financial statements of Pronovate 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 2018 are in the company report.
No. Pronovate Technologies has 1 GST registration on record and it is cancelled or inactive.
Pronovate Technologies operated in the education industry, in the corporate training and development segment. It worked in this industry before it was struck off.
Sanjiv Mital ceased to be Additional Director on 29 Dec 2018. Sanjiv Mital was appointed as Director on 11 Oct 2017. Rohan Mital was appointed as Director on 06 Sep 2017. Pronovate Technologies has 4 board changes on record in total.