About Provate Technologies Private Limited
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Provate Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It was incorporated on 30 June 2023.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U62099TS2023PTC174499.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹50,000. It is led by directors Shashikanth Mirthipati and Polisetty Kumar Satish.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.05 Cr, a growth of 56% compared to the previous year. For the same year it recorded a net profit of ₹29.28 Lakh (net margin 9.6%) and EBITDA of ₹41.14 Lakh (EBITDA margin 13.5%).
For more details, the company can be reached via its website provate.net.
Company details
Contact details
Provate Technologies Private Limited's registered office is in Hyderabad, Telangana.
- Social Media
- Registered AddressVaishnavi Cynosure 2 – 48/5/6 8th Floor Gachibowli Road, Opp Rttc Telecom Nagar Extension, Hyderabad, Telangana, India – 500032
- 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 Provate Technologies 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 | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Provate Technologies Private Limited, buy the company report.
Financials of Provate Technologies Private Limited
FY 2025 filings availableProvate Technologies Private Limited reported revenue of ₹3.05 Cr (up 56% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 56% in the latest year. EBITDA rose 50% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
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| EBITDA | ₹41.14 Lakh | |
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| Net Profit (PAT) | ₹29.28 Lakh | |
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 13.5% | |
| Net Profit Margin | 9.6% | |
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To see the full financial statements and ratios of Provate Technologies Private Limited, buy the company report.
Board of directors of Provate Technologies Private Limited
Provate Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashikanth Mirthipati | Director | 30 Jun 2023 | 3 Years 4 Months | Current |
| Polisetty Kumar Satish Also directs: Samadvai Solutions LLP, Petneo Technologies Private Limited | Director | 23 May 2025 | 1 Years 5 Months | Current |
Legal cases
No court or tribunal cases involving Provate Technologies 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 Provate Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Provate Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Provate Technologies Private Limited has 6 board changes on record since 2023: 3 appointments and 3 cessations. The latest: Polisetty Kumar Satish ceased to be Additional Director on 29 Sep 2025.
Frequently asked questions
Provate Technologies is an active private limited company based in Hyderabad, Telangana, India. It was incorporated on 30 June 2023 (3+ years old) and is registered under CIN U62099TS2023PTC174499.
Provate Technologies has 2 current directors:
- Shashikanth Mirthipati - Director
- Polisetty Kumar Satish - Director
The latest financial statements of Provate Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Provate Technologies is U62099TS2023PTC174499. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Provate Technologies was incorporated on 30 June 2023, making it 3+ years old. It is registered with the Registrar of Companies, Hyderabad.
Polisetty Kumar Satish ceased to be Additional Director on 29 Sep 2025. Channamsetty Rangamma ceased to be Director on 21 Jun 2025. Polisetty Kumar Satish was appointed as Director on 23 May 2025. Provate Technologies has 6 board changes on record in total.
Provate Technologies can be reached through the website provate.net. Its registered office is in Hyderabad, Telangana, India.
The registered office of Provate Technologies is at Vaishnavi Cynosure 2 – 4856 8th Floor Gachibowli Road, Opp Rttc Telecom Nagar Extension, Hyderabad, Telangana, India – 500032.
Provate Technologies is registered under the jurisdiction of the Registrar of Companies (ROC), Hyderabad.
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