About Provience Systems India Private Limited
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Provience Systems India Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the computer programming segment of the technology and IT services sector. It was incorporated on 11 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2013PTC067818. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ramesh Vedavyasa and Brinda Ramesh.
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 746 5th Main Road Rbi Layout J P Nagar 7th Phase, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2021, the company reported a revenue of ₹98,754, a decline of 82% compared to the previous year. For the same year it recorded a net loss of ₹2.76 Lakh (net margin -279%) and EBITDA of -₹2.76 Lakh (EBITDA margin -279%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 52% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website provience.com.
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- Website
- Social MediaLocked
- Registered Address746 5th Main Road Rbi Layout J P Nagar 7th Phase, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, Computer Programming, Consultancy
- 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
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Business Activity of Provience Systems India Private Limited
The main business activity of Provience Systems India is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Provience Systems India Private Limited FY 2025 filings available
Provience Systems India Private Limited reported revenue of ₹98,754 (down 82% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Provience Systems India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 52% over five years, including a 82% fall in the latest year. EBITDA rose 18% 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 of Provience Systems India Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | -₹2.76 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.76 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 of Provience Systems India Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -279% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -279% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Provience Systems India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Provience Systems India Private Limited
Provience Systems India Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale and retail trade and repair of motor vehicles and motorcycles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nundlab India Private Limited | ₹1 Lakh (FY 2025) | •••• | •••• | 77.0% | •••• | Srinagar, Jammu and Kashmir, India |
| Heritage Commodities Pvt Ltd | ₹1 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Kolkata, West Bengal, India |
| Dutt Vandan Infra Private Limited | ₹99,850 (FY 2025) | •••• | •••• | •••• | Nagpur, Maharashtra, India | |
| Moonrock Exports Private Limited | ₹99,600 (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Kaangdaji Suppliers Private Limited | ₹99,562 (FY 2025) | •••• | •••• | 1.0% | •••• | Kolkata, West Bengal, India |
| Provience Systems India Private Limited this company | ₹98,754 (FY 2021) | •••• | •••• | -82.0% | •••• | Bangalore, Karnataka, India |
| Bridgewood Software Traders Private Limited | ₹98,400 (FY 2025) | •••• | •••• | 1.0% | •••• | West Mumbai, Maharashtra, India |
| Pebbly Commotrade Limited | ₹97,630 (FY 2024) | •••• | •••• | 2.0% | •••• | Kolkata, West Bengal, India |
| Pruthvi Beverages Private Limited | ₹97,334 (FY 2024) | •••• | •••• | 145.0% | •••• | Gandhinagar, Gujarat, India |
| Barwani Trading Company Private Limited | ₹96,954 (FY 2025) | •••• | •••• | 9.0% | •••• | Mumbai, Maharashtra, India |
| Edrise Global Solutions Private Limited | ₹96,855 (FY 2025) | •••• | •••• | •••• | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Provience Systems India by revenue in the same principal business activity (Wholesale and retail trade and repair of motor vehicles and motorcycles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Provience Systems India Private Limited
Provience Systems India Private Limited is audited by T V RAVI & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| T V RAVI & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Provience Systems India Private Limited
Provience Systems India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Vedavyasa | Director | 11 Feb 2013 | 13 Years 7 Months | Current |
| Brinda Ramesh | Director | 11 Feb 2013 | 13 Years 7 Months | Current |
Ownership and Shareholding of Provience Systems India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Provience Systems India Private Limited
Provience Systems India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Provience Systems India Private Limited
Employment history and EPFO contributions of people linked to Provience Systems India.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Provience Systems India Private Limited
Provience Systems India Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Brinda Ramesh was appointed as Director on 11 Feb 2013.
Credit Ratings, Litigation & Regulatory Alerts for Provience Systems India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Provience Systems India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Provience Systems India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Provience Systems India Private Limited
Provience Systems India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Provience Systems India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Provience Systems India Private Limited
Provience Systems India is an active private limited company based in Bangalore, Karnataka, India. The company works in computer programming, within the information technology industry. It was incorporated on 11 February 2013 (13+ years old) and is registered under CIN U72200KA2013PTC067818.
Provience Systems India reported revenue of ₹98,754 for FY 2021 (down 82% YoY).
Provience Systems India has 2 current directors:
- Ramesh Vedavyasa - Director
- Brinda Ramesh - Director
Provience Systems India reported a net loss of ₹2.76 Lakh (net margin -279%) and EBITDA of -₹2.76 Lakh (EBITDA margin -279%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Provience Systems India is -14% over three years and -52% over five years. In the latest year (FY 2021) revenue fell 82%. CAGR is the steady yearly rate that links the first and the last year.
No. Provience Systems India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Provience Systems India is U72200KA2013PTC067818. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Provience Systems India was incorporated on 11 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Provience Systems India by revenue are Nundlab India Private Limited, Heritage Commodities Pvt Ltd, Dutt Vandan Infra Private Limited, Moonrock Exports Private Limited, Kaangdaji Suppliers Private Limited and 5 more, all in the same principal business activity (Wholesale and retail trade and repair of motor vehicles and motorcycles).
Brinda Ramesh was appointed as Director on 11 Feb 2013. Ramesh Vedavyasa was appointed as Director on 11 Feb 2013.
Yes, Provience Systems India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).