Pronet Technologies Private Limited

Pronet Technologies Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U72200MH2012PTC231761 Incorporated 01 June 2012 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company information technology MSME · Medium
Data last updated
Revenue · FY 2024
₹38.53 Cr
▼ 28% YoY
Net profit · FY 2024
₹1.13 Cr
Net margin 2.9%
EBITDA · FY 2024
₹4.41 Cr
EBITDA margin 11.4%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹63.92 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Employees · EPFO
129
Provident fund records

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

CIN U72200MH2012PTC231761
Registration Number 231761
Incorporation Date 01 June 2012
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0042787

Recognitions & Rankings of Pronet Technologies

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-19-0042787

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
  • Social Media
  • Registered Address
    Plot No 6 Dream Land Society Jai Shastri Nagar Guru Govind Singh Marg Mulund Colony M, Ulund, Mumbai, Maharashtra, India – 400082
  • Industry
    Information Technology, IT Infrastructure Management & Services

To see the full contact details of Pronet Technologies Private Limited, buy the company report.

Comprehensive company report
Pronet Technologies Private Limited - one report that includes everything
  • 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

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 codeMain activityBusiness activity codeBusiness activityShare of turnover
GWholesale and retail trade; repair of motor vehicles and motorcycles47Retail 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 available

Pronet Technologies Private Limited reported revenue of ₹38.53 Cr (down 28% YoY) for FY 2024.

Revenue · FY 2024
₹38.53 Cr ▼ 28%
Net profit · FY 2024
₹1.13 Cr margin 2.9%
EBITDA · FY 2024
₹4.41 Cr margin 11.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 28%
3 years · compounded
▼ 5%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 12%
5 years · compounded
▲ 14%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin11.4%
Net Profit Margin2.9%
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.

Current Directors
NameDesignationAppointment DateTenureStatus
Sajesh AbrahamManaging Director01 Jun 201214 Years 4 MonthsCurrent
Haresh Kantilal ParekhDirector17 Jul 20251 Years 3 MonthsCurrent

Auditor

Pronet Technologies Private Limited is audited by PREETI SINGH & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
PREETI SINGH & COFY 2023149285

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 categoryFY 2023FY 2022FY 2021FY 2019FY 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

Open charges
₹63.92 Cr
Satisfied charges
None
Breakdown by lending institutions
Standard Chartered Bank₹35.74 Cr
Hdfc Bank Limited₹21.75 Cr
State Bank of India₹5.93 Cr
Others₹0.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Mar 2024100889479Hdfc Bank Limited₹1.75 CrOpen
12 Sep 2023100808489State Bank of India₹1.18 CrOpen
16 Nov 2022100641737Hdfc Bank Limited₹20 CrOpen
13 May 2022100579445State Bank of India₹4.75 CrOpen
11 Jun 2021100454541Standard Chartered Bank₹99 LakhOpen

To see the full charge records of Pronet Technologies Private Limited, buy the company report.

Total charge records: 10 View all charges

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)

SupplierAmount dueDue sinceReported 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.

Employee count
129
Active EPFO establishments
1
Employee growth
-9.79%

GST

Pronet Technologies has 11 GST registrations: 4 active and 7 cancelled or inactive.

Total GSTINs
11
Active
4
Cancelled / inactive
7
GSTINStateStatusRegistered on
27AAGCP6704K1Z5MaharashtraActive01 Jul 2017
07AAGCP6704K1Z7DelhiActive01 Jul 2017
24AAGCP6704K1ZBGujaratActive01 Jul 2017
30AAGCP6704K1ZIGoaActive30 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.

Charges
A charge with Standard Chartered Bank of Rs. 11.50 Cr registered on 27 Feb 2018 with Charge ID 100168591 was modified on 21 Jul 2025.
Appointed
Haresh Kantilal Parekh was appointed as Director.
Ceased
Rechel Sajesh ceased to be Director.
AGM
Pronet Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Standard Chartered Bank of Rs. 20.00 Cr registered on 05 Nov 2015 with Charge ID 10610455 was modified on 19 Apr 2024.
Filing
Pronet Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.75 Cr with Charge ID 100889479 was registered on 12 Mar 2024.
Charges
A charge with State Bank Of India amounted to Rs. 1.18 Cr with Charge ID 100808489 was registered on 12 Sep 2023.
Ceased
Philip George Malal ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Cr with Charge ID 100641737 was registered on 16 Nov 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 20.00 Cr registered on 16 Nov 2022 with Charge ID 100641737 was modified on 16 Nov 2022.
Charges
A charge with State Bank Of India amounted to Rs. 4.75 Cr with Charge ID 100579445 was registered on 13 May 2022.

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:

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.