About Provenio Capital Advisors Private Limited
Data last updated:
Provenio Capital Advisors Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 08 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2016PTC086766. Its GSTIN is 29AAICP5190M1ZP (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹1.18 Cr. It is led by directors Manish Anand (Whole-Time Director) and Syed Sameer Ahmed.
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 is at Unit – 105 2nd Floor Sufiya Elite No. 18 Cunningham Road, Bangalore, Karnataka, India – 560052.
As per the financials filed for FY 2022, the company reported a revenue of ₹61.66 Lakh, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹1.48 Cr (net margin -239.2%) and EBITDA of -₹79.54 Lakh (EBITDA margin -129%).
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Provenio Capital Advisors. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 4 cases are pending. The company has 12 deals on record (11 funding rounds, 1 secondary share transfer), with disclosed funding of ₹93.7 Lakh; the latest was in September 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website proveniogroup.org.
Company details
Contact details
Provenio Capital Advisors Private Limited's registered office is in Bangalore, Karnataka. Its website is proveniogroup.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit – 105 2nd Floor Sufiya Elite No. 18 Cunningham Road, Bangalore, Karnataka, India – 560052
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Provenio Capital Advisors 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
Brands
Provenio Capital Advisors operates one associated brand: Provenio Capital Advisors. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers financial advisory services including planning, analysis, and wealth management. | proveniogroup.org |
Business activity
The main business activity of Provenio Capital Advisors is financial and insurance service. In detail, this covers activities by trusts, funds and other financial holding companies.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K2 | Activities by Trusts, funds and other financial holding companies |
To see the full business activity and turnover split of Provenio Capital Advisors Private Limited, buy the company report.
Financials of Provenio Capital Advisors Private Limited
FY 2022 filings availableProvenio Capital Advisors Private Limited reported revenue of ₹61.66 Lakh (down 79% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 79% in the latest year. EBITDA fell 162% 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 | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹79.54 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.48 Cr | ||||
| 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 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -129% | ||||
| Net Profit Margin | -239.2% | ||||
| 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 Provenio Capital Advisors Private Limited, buy the company report.
Board of directors of Provenio Capital Advisors Private Limited
Provenio Capital Advisors has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Syed Sameer Ahmed | Additional Director | 22 Oct 2019 | 7 Years 0 Months | Current |
| Manish Anand | Whole-Time Director | 06 Sep 2016 | 10 Years 2 Months | Current |
Auditor
Provenio Capital Advisors Private Limited is audited by SARANAKANTHA B AND CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SARANAKANTHA B AND CO | FY 2018 | 016101S |
Shareholding
The shareholding of Provenio Capital Advisors 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 Provenio Capital Advisors Private Limited, buy the company report.
Deals & funding
Provenio Capital Advisors Private Limited has 12 deals on record (11 funding rounds, 1 secondary share transfer), with disclosed funding of ₹93.7 Lakh; the latest was in September 2017.
Deals on record (1 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Provenio Capital Advisors Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Provenio Capital Advisors Private Limited has 7 court cases on record: 1 filed by Provenio Capital Advisors, 6 filed against it. 4 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 3 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by M/S Ather Energy Private Limited | Pending |
| High Court of Karnataka | Arbitration matter | Filed by the company against M/S. Ather Energy Private Limited, | Pending |
| District court, Krishna, Andhra Pradesh | Criminal complaint | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Sriram Properties Ltd. Rep by Malavika Chndrashekar Sajjanshettar | Pending |
| High Court | Writ petition | Filed against the company by an individual | Disposed |
To see the full case history of Provenio Capital Advisors 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 Provenio Capital Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Provenio Capital Advisors has 1 subsidiary company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Utilis Capital Advisors Private Limited | U74900KA2016PTC086618 |
To see the full group structure of Provenio Capital Advisors Private Limited, buy the company report.
GST
Provenio Capital Advisors has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICP5190M1ZP | Karnataka | Active | 03 Jan 2020 |
| 36AAICP5190M1ZU | Telangana | Active | 20 Jun 2020 |
To see the full GST registrations and return filing status of Provenio Capital Advisors Private Limited, buy the company report.
Recent activity
Provenio Capital Advisors Private Limited has 8 board changes on record since 2016: 2 appointments and 6 cessations. The latest: Tarun Sitaram Ramole ceased to be Director on 05 Oct 2020.
Frequently asked questions
Provenio Capital Advisors is an active private limited company based in Bangalore, Karnataka, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 08 March 2016 (10+ years old) and is registered under CIN U74900KA2016PTC086766.
Provenio Capital Advisors has 2 current directors:
- Manish Anand - Whole-Time Director
- Syed Sameer Ahmed - Additional Director
The latest financial statements of Provenio Capital Advisors 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 2016 are in the company report.
The GSTIN of Provenio Capital Advisors is 29AAICP5190M1ZP, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AAICP5190M1ZU (Telangana).
The CIN (Corporate Identification Number) of Provenio Capital Advisors is U74900KA2016PTC086766. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Provenio Capital Advisors has 7 court cases on record: 1 filed by the company and 6 filed against it. 4 are pending. Most are in the district courts.
Provenio Capital Advisors was incorporated on 08 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Provenio Capital Advisors has 12 deals on record (11 funding rounds, 1 secondary share transfer), with disclosed funding of ₹93.7 Lakh; the latest was in September 2017.
Tarun Sitaram Ramole ceased to be Director on 05 Oct 2020. Rajiv Upadhyay ceased to be Director on 18 Mar 2020. Syed Sameer Ahmed was appointed as Additional Director on 22 Oct 2019. Provenio Capital Advisors has 8 board changes on record in total.
Provenio Capital Advisors can be reached through the website proveniogroup.org. Its registered office is in Bangalore, Karnataka, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
