Prothought Solutions Private Limited
About Prothought Solutions Private Limited
Data last updated:
Prothought 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 computer programming segment of the technology and IT services sector. It was incorporated on 12 April 2013.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2013PTC068509. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was led by directors Thalluru Venkat Ramdev (Managing Director) and Mulumudi Vijay Reddy (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 203 3rd Cross 4th Main 1st Block Koramangala, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2016, the company reported a revenue of ₹8.12 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹97,176 (net margin -12%) and EBITDA of ₹1.53 Lakh (EBITDA margin 18.9%).
Company details
Contact details
Prothought Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address203 3rd Cross 4th Main 1st Block Koramangala, Bangalore, Karnataka, India – 560034
- IndustryInformation Technology, Computer Programming, Consultancy
To see the full contact details of Prothought 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 Prothought Solutions 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 Prothought Solutions Private Limited, buy the company report.
Financials of Prothought Solutions Private Limited
FY 2016 filings availableProthought Solutions Private Limited reported revenue of ₹8.12 Lakh (down 87% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 87% in the latest year. EBITDA rose 106% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹8.12 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹1.53 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹97,176 | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 18.9% | |
| Net Profit Margin | -12% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| 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 Prothought Solutions Private Limited, buy the company report.
Board of directors of Prothought Solutions Private Limited
Prothought 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 |
|---|---|---|---|---|
| Thalluru Venkat Ramdev | Managing Director | 12 Apr 2013 | 13 Years 6 Months | As last reported |
| Mulumudi Vijay Reddy Also directs: Right Prompt Technologies Private Limited | Managing Director | 12 Apr 2013 | 13 Years 6 Months | As last reported |
Peer comparison
Prothought Solutions Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Codebridge Enterprises Private Limited | ₹8.13 Lakh (FY 2018) | -33.0% | Dehradun, Uttarakhand, India | |||
| Scis ITES Private Limited | ₹8.13 Lakh (FY 2025) | -78.0% | New Delhi, Delhi, India | |||
| Sellelevate Business Solutions Private Limited | ₹8.13 Lakh (FY 2018) | -43.0% | Palakkad, Kerala, India | |||
| Consumer Metrics Informatics Private Limited | ₹8.13 Lakh (FY 2025) | -45.0% | New Delhi, Delhi, India | |||
| Brandsoft Solutions ( India) Private Limited | ₹8.12 Lakh (FY 2016) | 10.0% | Kolkata, West Bengal, India | |||
| Prothought Solutions Private Limitedthis company | ₹8.12 Lakh (FY 2016) | -₹97,176 | -12% | -87.0% | Bangalore, Karnataka, India | |
| Usmicrosemi Systems and Solutions Private Limited | ₹8.12 Lakh (FY 2019) | Bangalore, Karnataka, India | ||||
| Vedha Softech India Private Limited | ₹8.12 Lakh (FY 2018) | Mysore, Karnataka, India |
To see the full peer comparison of Prothought Solutions Private Limited, buy the company report.
Auditor
Prothought Solutions Private Limited is audited by Dagliya & Co for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dagliya & Co | FY 2016 | 00671S |
Shareholding
The shareholding of Prothought Solutions Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Prothought Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Prothought 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 Prothought Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prothought 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 Prothought Solutions Private Limited, buy the company report.
Recent activity
Prothought Solutions Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Mulumudi Vijay Reddy ceased to be Director on 13 Apr 2013.
Frequently asked questions
Prothought 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.
Prothought Solutions was a private limited company based in Bangalore, Karnataka, India. The company worked in computer programming, within the information technology industry. It was incorporated on 12 April 2013 and is registered under CIN U72200KA2013PTC068509. The company has been struck off by the Registrar of Companies and is no longer operational.
Prothought Solutions had 2 directors:
- Thalluru Venkat Ramdev - Managing Director
- Mulumudi Vijay Reddy - Managing Director
The CIN (Corporate Identification Number) of Prothought Solutions is U72200KA2013PTC068509. 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 Prothought Solutions is at 203 3rd Cross 4th Main 1st Block Koramangala, Bangalore, Karnataka, India – 560034.
Prothought Solutions was incorporated on 12 April 2013. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Prothought Solutions on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Prothought Solutions has 1 GST registration on record and it is cancelled or inactive.
Prothought Solutions operated in the information technology industry, in the computer programming segment. It worked in this industry before it was struck off.
The peers of Prothought Solutions by revenue are Codebridge Enterprises Private Limited, Scis ITES Private Limited, Sellelevate Business Solutions Private Limited, Consumer Metrics Informatics Private Limited, Brandsoft Solutions ( India) Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Mulumudi Vijay Reddy ceased to be Director on 13 Apr 2013. Thalluru Venkat Ramdev ceased to be Director on 13 Apr 2013. Mulumudi Vijay Reddy was appointed as Managing Director on 12 Apr 2013. Prothought Solutions has 4 board changes on record in total.