Propalms Network Private Limited
About Propalms Network Private Limited
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Propalms Network Private Limited was a private limited company based in Navi Mumbai, Maharashtra, 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 computer programming segment of the technology and IT services sector. It was incorporated on 26 May 2009.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2009PTC192693. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹21 Lakh and a paid-up capital of ₹19.92 Lakh. It was led by directors Vijender Kumar Yadav and Mohanvedavyasa Bhat.
Its last annual general meeting (AGM) was held on 31 March 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Navi Mumbai, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.98 Lakh. For the same year it recorded a net loss of ₹72,126 (net margin -36.5%) and EBITDA of -₹2.04 Lakh (EBITDA margin -103%).
Company details
Contact details
Propalms Network Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat F 704 7th Floor Daisy Building Sector No 20 Jal Vayu Vihar Near Shilp Chowk Kharag, Har, Navi Mumbai, Maharashtra, India – 410210
- IndustryInformation Technology, Computer Programming, Consultancy
To see the full contact details of Propalms Network 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
Financials of Propalms Network Private Limited
FY 2020 filings availablePropalms Network Private Limited reported revenue of ₹1.98 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.98 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹2.04 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹72,126 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -103% | ||
| Net Profit Margin | -36.5% | ||
| 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 Propalms Network Private Limited, buy the company report.
Board of directors of Propalms Network Private Limited
Propalms Network 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 |
|---|---|---|---|---|
| Vijender Kumar Yadav Also directs: Accops Systems Private Limited | Director | 26 May 2009 | 17 Years 5 Months | As last reported |
| Mohanvedavyasa Bhat Also directs: Accops Systems Private Limited | Director | 15 Jun 2010 | 16 Years 4 Months | As last reported |
Auditor
Propalms Network Private Limited is audited by KSA AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KSA AND ASSOCIATES | FY 2017 | 137253W |
Shareholding
The shareholding of Propalms Network 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 Propalms Network Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Propalms Network 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 Propalms Network Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Propalms Network has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Propalms Network Private Limited, buy the company report.
Recent activity
Propalms Network Private Limited has 3 board changes on record since 2009: 2 appointments and 1 cessation. The latest: Naveen Pardhasaradhi Merudi ceased to be Director on 08 Aug 2012.
Frequently asked questions
Propalms Network 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.
Propalms Network was a private limited company based in Navi Mumbai, Maharashtra, India. The company worked in computer programming, within the information technology industry. It was incorporated on 26 May 2009 and is registered under CIN U72900MH2009PTC192693. The company has been struck off by the Registrar of Companies and is no longer operational.
Propalms Network had 2 directors:
- Vijender Kumar Yadav - Director
- Mohanvedavyasa Bhat - Director
The CIN (Corporate Identification Number) of Propalms Network is U72900MH2009PTC192693. 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 Propalms Network is at Flat F 704 7th Floor Daisy Building Sector No 20 Jal Vayu Vihar Near Shilp Chowk Kharag, Har, Navi Mumbai, Maharashtra, India – 410210.
Propalms Network was incorporated on 26 May 2009. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Propalms Network on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 March 2020. Year-wise statements from 2015 are in the company report.
No. Propalms Network has 1 GST registration on record and it is cancelled or inactive.
Propalms Network operated in the information technology industry, in the computer programming segment. It worked in this industry before it was struck off.
Naveen Pardhasaradhi Merudi ceased to be Director on 08 Aug 2012. Mohanvedavyasa Bhat was appointed as Director on 15 Jun 2010. Vijender Kumar Yadav was appointed as Director on 26 May 2009.