- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0042787

About Pronet Technologies Private Limited
Data last updated:
Pronet Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT infrastructure management and services segment of the technology and IT services sector. It was incorporated on 01 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2012PTC231761. Its GSTIN is 27AAGCP6704K1Z5 (Maharashtra). The company holds 11 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors Sajesh Abraham (Managing Director) and Haresh Kantilal Parekh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹38.53 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹1.13 Cr (net margin 2.9%) and EBITDA of ₹4.41 Cr (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 2% over five years.
The company has about 129 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹63.92 Cr on record. Court records list 17 cases involving the company, including 2 filed by the company and 15 filed against it; 7 cases are pending.
Pronet Technologies Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0042787). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pronettechnologies.com.
Company details
Recognitions & Rankings of Pronet Technologies
Contact details
Pronet Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its website is pronettechnologies.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 6 Dream Land Society Jai Shastri Nagar Guru Govind Singh Marg Mulund Colony M, Ulund, Mumbai, Maharashtra, India – 400082
- IndustryInformation Technology, IT Infrastructure Management & Services
To see the full contact details of Pronet Technologies 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 Pronet Technologies is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Pronet Technologies Private Limited, buy the company report.
Financials of Pronet Technologies Private Limited
FY 2024 filings availablePronet Technologies Private Limited reported revenue of ₹38.53 Cr (down 28% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 28% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 2% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹4.41 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.13 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.4% | ||||
| Net Profit Margin | 2.9% | ||||
| 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 Pronet Technologies Private Limited, buy the company report.
Board of directors of Pronet Technologies Private Limited
Pronet Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sajesh Abraham | Managing Director | 01 Jun 2012 | 14 Years 4 Months | Current |
| Haresh Kantilal Parekh | Director | 17 Jul 2025 | 1 Years 3 Months | Current |
Auditor
Pronet Technologies Private Limited is audited by PREETI SINGH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PREETI SINGH & CO | FY 2023 | 149285 |
Shareholding
The shareholding of Pronet Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pronet Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Mar 2024 | 100889479 | Hdfc Bank Limited | ₹1.75 Cr | Open | |
| 12 Sep 2023 | 100808489 | State Bank of India | ₹1.18 Cr | Open | |
| 16 Nov 2022 | 100641737 | Hdfc Bank Limited | ₹20 Cr | Open | |
| 13 May 2022 | 100579445 | State Bank of India | ₹4.75 Cr | Open | |
| 11 Jun 2021 | 100454541 | Standard Chartered Bank | ₹99 Lakh | Open |
To see the full charge records of Pronet Technologies Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Pronet Technologies Private Limited has 17 court cases on record: 2 filed by Pronet Technologies, 15 filed against it. 7 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 15 | 7 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Civil suit | Filed against the company by Ms Vidyut Technocrats and Consultant LLP | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by Ms Akg Plastics Pvt Ltd Through Ar SH Pushp Sharma | Pending |
| District court, SURAT, Gujarat | Criminal miscellaneous application | Filed against the company by Vikas Jain Autho of Efra Industries LLP | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by RMG Steels Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Indiana Gratings Private Limited | Disposed |
To see the full case history of Pronet Technologies 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
Pronet Technologies Private Limited has 2 MSME Form 1 returns on record between 2018 and 2019, listing 12 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Jai Ganesh Ispat and Ferro Alloys Private Limited | |||
| an individual supplier | |||
| B.E.C. Conduits Private Limited | |||
| Balaji Electrical and Conduit Accessories Private Limited | |||
| Essen Electrical Enterprise |
To see the full MSME payment records of Pronet Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Pronet Technologies Private Limited has a workforce of 129 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Pronet Technologies has 11 GST registrations: 4 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCP6704K1Z5 | Maharashtra | Active | 01 Jul 2017 |
| 07AAGCP6704K1Z7 | Delhi | Active | 01 Jul 2017 |
| 24AAGCP6704K1ZB | Gujarat | Active | 01 Jul 2017 |
| 30AAGCP6704K1ZI | Goa | Active | 30 Sep 2017 |
To see the full GST registrations and return filing status of Pronet Technologies Private Limited, buy the company report.
Recent activity
Pronet Technologies Private Limited has 6 board changes on record since 2012: 2 appointments and 4 cessations. The latest: Haresh Kantilal Parekh was appointed as Director on 17 Jul 2025.
11 earlier events are in the company report.
Frequently asked questions
Pronet Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT infrastructure management and services, within the information technology industry. It was incorporated on 01 June 2012 (14+ years old) and is registered under CIN U72200MH2012PTC231761.
Pronet Technologies has 2 current directors:
- Sajesh Abraham - Managing Director
- Haresh Kantilal Parekh - Director
The latest financial statements of Pronet Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Pronet Technologies is 27AAGCP6704K1Z5, registered in Maharashtra. The company has 11 GST registrations in all, of which 4 are active and 7 are cancelled or inactive. Other active GSTINs include 07AAGCP6704K1Z7 (Delhi), 24AAGCP6704K1ZB (Gujarat), 30AAGCP6704K1ZI (Goa).
The CIN (Corporate Identification Number) of Pronet Technologies is U72200MH2012PTC231761. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pronet Technologies has 17 court cases on record: 2 filed by the company and 15 filed against it. 7 are pending.
Pronet Technologies was incorporated on 01 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Haresh Kantilal Parekh was appointed as Director on 17 Jul 2025. Rechel Sajesh ceased to be Director on 17 Jul 2025. Philip George Malal ceased to be Director on 24 Mar 2023. Pronet Technologies has 6 board changes on record in total.
Yes, Pronet Technologies is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0042787).
Pronet Technologies has 2 MSME Form 1 returns on record between 2018 and 2019, listing 12 overdue payments to 9 micro and small suppliers. The latest return was filed on 30 May 2019.
Pronet Technologies can be reached through the website pronettechnologies.com. Its registered office is in Mumbai, Maharashtra, India.