Propnext Business Solutions Private Limited
About Propnext Business Solutions Private Limited
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Propnext Business Solutions Private Limited was a private limited company based in Bangalore, Karnataka, 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 real estate leasing and property management segment of the real estate sector. It was incorporated on 20 June 2019.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U70109KA2019PTC125451. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Anand Prakash and Deena Vashu Sawlani.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at No.17/N 1st Floor Bhagyalaxmi Square 18th Cross Sector 3 Hsr Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.95 Lakh, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹1.82 Lakh (net margin -93.5%) and EBITDA of -₹1.44 Lakh (EBITDA margin -73.8%).
Company details
Contact details
Propnext Business Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.17/N 1st Floor Bhagyalaxmi Square 18th Cross Sector 3 Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Propnext Business 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 Propnext Business Solutions is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Propnext Business Solutions Private Limited, buy the company report.
Financials of Propnext Business Solutions Private Limited
FY 2022 filings availablePropnext Business Solutions Private Limited reported revenue of ₹1.95 Lakh (down 45% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 45% in the latest year. EBITDA rose 81% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.95 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.44 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.82 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 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -73.8% | ||
| Net Profit Margin | -93.5% | ||
| 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 Propnext Business Solutions Private Limited, buy the company report.
Board of directors of Propnext Business Solutions Private Limited
Propnext Business Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Prakash Also directs: Brainhive Labs Private Limited | Director | 20 Jun 2019 | 7 Years 4 Months | As last reported |
| Deena Vashu Sawlani | Director | 23 Nov 2020 | 5 Years 11 Months | As last reported |
Peer comparison
Propnext Business Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (real estate activities on fee or contract basis), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MTL Infrastructure Private Limited | ₹1.96 Lakh (FY 2024) | 194.0% | Kolkata, West Bengal, India | |||
| Kanzode Developers Private Limited | ₹1.95 Lakh (FY 2025) | -35.0% | Bramhapuri, Maharashtra, India | |||
| Real Sapphires Facility and Property Management Private Limited | ₹1.95 Lakh (FY 2016) | Bangalore, Karnataka, India | ||||
| Shiv Om Deals Private Limited | ₹1.95 Lakh (FY 2024) | 388.0% | Delhi, India | |||
| FS Fintax Private Limited | ₹1.95 Lakh (FY 2024) | Hyderabad, Telangana, India | ||||
| Propnext Business Solutions Private Limitedthis company | ₹1.95 Lakh (FY 2022) | -₹1.82 Lakh | -93.5% | -45.0% | Bangalore, Karnataka, India | |
| M M Agritech Private Limited | ₹1.95 Lakh (FY 2025) | 175.0% | Delhi, India | |||
| The Raipur Transport Company Private Limited | ₹1.94 Lakh (FY 2024) | 6.0% | Raipur, Chhattisgarh, India | |||
| Welcome Builders Private Limited | ₹1.94 Lakh (FY 2025) | 801.0% | New Delhi, Delhi, India | |||
| Suncity Realproperties Private Limited | ₹1.93 Lakh (FY 2020) | -19.0% | Jodhpur, Rajasthan, India | |||
| Shree Chand India Homes Private Limited | ₹1.93 Lakh (FY 2016) | New Delhi, Delhi, India |
To see the full peer comparison of Propnext Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Propnext Business 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 Propnext Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Propnext Business Solutions 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 Propnext Business Solutions Private Limited, buy the company report.
Recent activity
Propnext Business Solutions Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Deena Vashu Sawlani ceased to be Additional Director on 31 Dec 2020.
Frequently asked questions
Propnext Business 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.
Propnext Business Solutions was a private limited company based in Bangalore, Karnataka, India. The company worked in real estate leasing, within the real estate industry. It was incorporated on 20 June 2019 and is registered under CIN U70109KA2019PTC125451. The company has been struck off by the Registrar of Companies and is no longer operational.
Propnext Business Solutions had 2 directors:
- Anand Prakash - Director
- Deena Vashu Sawlani - Director
The CIN (Corporate Identification Number) of Propnext Business Solutions is U70109KA2019PTC125451. 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 Propnext Business Solutions is at No.17N 1st Floor Bhagyalaxmi Square 18th Cross Sector 3 Hsr Layout, Bangalore, Karnataka, India – 560102.
Propnext Business Solutions was incorporated on 20 June 2019. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Propnext Business Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.
No. Propnext Business Solutions has 1 GST registration on record and it is cancelled or inactive.
Propnext Business Solutions operated in the real estate industry, in the real estate leasing segment. It worked in this industry before it was struck off.
The peers of Propnext Business Solutions by revenue are MTL Infrastructure Private Limited, Kanzode Developers Private Limited, Real Sapphires Facility and Property Management Private Limited, Shiv Om Deals Private Limited, FS Fintax Private Limited and 5 more, all in the same principal business activity (real estate activities on fee or contract basis).
Deena Vashu Sawlani ceased to be Additional Director on 31 Dec 2020. Senthil Govindan ceased to be Director on 21 Dec 2020. Deena Vashu Sawlani was appointed as Director on 23 Nov 2020. Propnext Business Solutions has 4 board changes on record in total.