Prosyntec Technologies Private Limited
About Prosyntec Technologies Private Limited
Data last updated:
Prosyntec Technologies Private Limited was a private limited company based in Navi Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 10 May 2016.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC280867. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Msconnects Private Limited. It was led by directors Himadevirao Venugopalrao Kudipudi and Venugopalrao Prasadrao Kudipudi.
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 Navi Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.44 Lakh, a growth of 20% compared to the previous year. For the same year it recorded a net loss of ₹4,253 (net margin -3%) and EBITDA of -₹4,253 (EBITDA margin -3%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 45% over five years.
Court records list 7 cases involving the company, including 7 filed against it; 1 case is pending.
Company details
Contact details
Prosyntec Technologies 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 Address506 Neel Sai Ganga Plot No. 408 Opp.Sai Baba Temple Near Railway Statio, N Panvel, Navi Mumbai, Maharashtra, India – 410206
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Prosyntec 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 Prosyntec Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Prosyntec Technologies Private Limited, buy the company report.
Financials of Prosyntec Technologies Private Limited
FY 2022 filings availableProsyntec Technologies Private Limited reported revenue of ₹1.44 Lakh (up 20% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 20% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 45%. EBITDA fell 187% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.44 Lakh | ||||
| Other Income | |||||
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| EBITDA | -₹4,253 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4,253 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3% | ||||
| Net Profit Margin | -3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Prosyntec Technologies Private Limited, buy the company report.
Board of directors of Prosyntec Technologies Private Limited
Prosyntec Technologies 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 |
|---|---|---|---|---|
| Himadevirao Venugopalrao Kudipudi Also directs: Prosyntec Technologies LLP, Corpway Consulting LLP | Director | 23 Mar 2019 | 7 Years 7 Months | As last reported |
| Venugopalrao Prasadrao Kudipudi | Director | 23 Mar 2019 | 7 Years 7 Months | As last reported |
Peer comparison
Prosyntec Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hi-Profile Investments Private Limited | ₹1.45 Lakh (FY 2024) | -33.0% | Hyderabad, Telangana, India | |||
| Motanad Private Limited | ₹1.44 Lakh (FY 2019) | Paota, Rajasthan, India | ||||
| Proceed Digital Private Limited | ₹1.44 Lakh (FY 2024) | -82.0% | Nashik, Maharashtra, India | |||
| Microcristal Technologies Private Limited | ₹1.44 Lakh (FY 2024) | -59.0% | Bangalore, Karnataka, India | |||
| Gritfy Technologies Private Limited | ₹1.44 Lakh (FY 2025) | -57.0% | Selvapuram, Tamil Nadu, India | |||
| Prosyntec Technologies Private Limitedthis company | ₹1.44 Lakh (FY 2022) | -₹4,253 | -3% | 20.0% | Navi Mumbai, Maharashtra, India | |
| Vas Solutions Private Limited | ₹1.44 Lakh (FY 2024) | 188.0% | New Delhi, Delhi, India | |||
| Visamo Skytouch Private Limited | ₹1.44 Lakh (FY 2024) | 41.0% | Ahmedabad, Gujarat, India | |||
| Merisoft Private Limited | ₹1.44 Lakh (FY 2024) | -91.0% | Hyderabad, Telangana, India | |||
| Elnio Fitment Private Limited | ₹1.43 Lakh (FY 2025) | -63.0% | Gurgaon, Haryana, India | |||
| Makerobos Innovation Labs Private Limited | ₹1.43 Lakh (FY 2025) | -96.0% | Sodala, Rajasthan, India |
To see the full peer comparison of Prosyntec Technologies Private Limited, buy the company report.
Auditor
Prosyntec Technologies Private Limited is audited by PANDEY & PANDEY for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PANDEY & PANDEY | FY 2018 | 003686C |
Shareholding
The shareholding of Prosyntec Technologies Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Prosyntec Technologies Private Limited, buy the company report.
Legal cases
Prosyntec Technologies Private Limited has 7 court cases on record: 7 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 1 |
Cases on record (4 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Court case (T.P. CRL) | Filed against the company by Ozone Spa Pvt Ltd | Disposed |
| District court, Valsad, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Pending |
| District court, Sabarkantha at Himmatnagar, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Govt.Of India---Roc--- | Disposed |
To see the full case history of Prosyntec Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prosyntec Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prosyntec Technologies 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 Prosyntec Technologies Private Limited, buy the company report.
Recent activity
Prosyntec Technologies Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Manish Sukumar Das ceased to be Director on 25 Mar 2019.
Frequently asked questions
Prosyntec Technologies has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Prosyntec Technologies was a private limited company based in Navi Mumbai, Maharashtra, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 10 May 2016 and is registered under CIN U74999MH2016PTC280867. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Prosyntec Technologies is U74999MH2016PTC280867. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prosyntec Technologies had 2 directors:
- Himadevirao Venugopalrao Kudipudi - Director
- Venugopalrao Prasadrao Kudipudi - Director
Prosyntec Technologies was incorporated on 10 May 2016. It is registered with the Registrar of Companies, Mumbai.
The registered office of Prosyntec Technologies is at 506 Neel Sai Ganga Plot No. 408 Opp.Sai Baba Temple Near Railway Statio, N Panvel, Navi Mumbai, Maharashtra, India – 410206.
The latest financial statements of Prosyntec Technologies 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 2017 are in the company report.
No. Prosyntec Technologies has 1 GST registration on record and it is cancelled or inactive.
Prosyntec Technologies operated in the information technology industry, in the IT consulting and support services segment.
The peers of Prosyntec Technologies by revenue are Hi-Profile Investments Private Limited, Motanad Private Limited, Proceed Digital Private Limited, Microcristal Technologies Private Limited, Gritfy Technologies Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Prosyntec Technologies has 7 court cases on record: 7 filed against it. 1 is pending.
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