Prudente Solution Private Limited
About Prudente Solution Private Limited
Data last updated:
Prudente Solution 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 software development and support services segment of the technology and IT services sector. It was incorporated on 19 April 2000.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2000PTC026942. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.4 Cr. It was led by directors Srimathi Satya Prasad (Managing Director) and Mugalur Keshavamurthy Sathyaprasad.
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 21 4th Cross 1st Block Jayanagar, Bangalore, Karnataka, India – 560011.
As per the financials filed for FY 2020, the company reported a revenue of ₹42,317, a decline of 98% compared to the previous year. For the same year it recorded a net profit of ₹3.64 Lakh and EBITDA of -₹1.92 Lakh (EBITDA margin -453.7%).
Company details
Contact details
Prudente Solution Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address21 4th Cross 1st Block Jayanagar, Bangalore, Karnataka, India – 560011
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Prudente Solution 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
Financials of Prudente Solution Private Limited
FY 2022 filings availablePrudente Solution Private Limited reported revenue of ₹42,317 (down 98% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 98% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹42,317 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.92 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.64 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -453.7% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Prudente Solution Private Limited, buy the company report.
Board of directors of Prudente Solution Private Limited
Prudente Solution 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 |
|---|---|---|---|---|
| Mugalur Keshavamurthy Sathyaprasad | Director | 19 Apr 2000 | 26 Years 6 Months | As last reported |
| Srimathi Satya Prasad | Managing Director | 19 Apr 2000 | 26 Years 6 Months | As last reported |
Auditor
Prudente Solution Private Limited is audited by A R VISWANATHAN & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A R VISWANATHAN & CO | FY 2018 | 004765S |
Shareholding
The shareholding of Prudente Solution Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Prudente Solution Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Prudente Solution Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Prudente Solution Private Limited was last rated by Brickwork on 21 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 21 Sep 2020 |
To see the full credit ratings and regulatory alerts of Prudente Solution Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prudente Solution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prudente Solution 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 Prudente Solution Private Limited, buy the company report.
Recent activity
Prudente Solution Private Limited has 5 board changes on record since 2000: 2 appointments and 3 cessations. The latest: Girimaji Sathyanarayana Rao Ravi ceased to be Director on 20 Oct 2011.
Frequently asked questions
Prudente Solution 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.
Prudente Solution was a private limited company based in Bangalore, Karnataka, India. The company worked in software development and support services, within the information technology industry. It was incorporated on 19 April 2000 and is registered under CIN U72900KA2000PTC026942. The company has been struck off by the Registrar of Companies and is no longer operational.
Prudente Solution had 2 directors:
- Srimathi Satya Prasad - Managing Director
- Mugalur Keshavamurthy Sathyaprasad - Director
The CIN (Corporate Identification Number) of Prudente Solution is U72900KA2000PTC026942. 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 Prudente Solution is at 21 4th Cross 1st Block Jayanagar, Bangalore, Karnataka, India – 560011.
Prudente Solution was incorporated on 19 April 2000. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Prudente Solution 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 2015 are in the company report.
No. Prudente Solution has 1 GST registration on record and it is cancelled or inactive.
Prudente Solution operated in the information technology industry, in the software development and support services segment. It worked in this industry before it was struck off.
Girimaji Sathyanarayana Rao Ravi ceased to be Director on 20 Oct 2011. Srimathi Satya Prasad ceased to be Director on 12 Mar 2009. Shekar Ganesan Ayyar ceased to be Director on 30 Aug 2008. Prudente Solution has 5 board changes on record in total.