
About Prodapt Solutions Private Limited
Data last updated:
Prodapt Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 29 January 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U30007TN1999PTC041798. Its GSTIN is 33AAACZ0985G1ZA (Tamil Nadu). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹23 Cr and a paid-up capital of ₹14.45 Cr. It was formerly known as Zeetron Solutions Private Limited. It is led by directors including Manishkumar Murlimanohar Vyas (Managing Director) and Vedant Jhaver (Whole-Time Director).
Its last annual general meeting (AGM) was held on 16 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,866.73 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹105.22 Cr (net margin 5.6%) and EBITDA of ₹224.7 Cr (EBITDA margin 12%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 20% over five years.
The company has about 3,648 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Prodapt. As per MCA filings, the company has open charges of ₹115.25 Cr and satisfied charges of ₹36.14 Cr on record. Court records list 26 cases involving the company, including 13 filed by the company and 13 filed against it; 4 cases are pending. The company has 18 deals on record (17 secondary share transfers, 1 funding round), with disclosed funding of ₹3.14 Cr; the latest was in September 2023. Its 5 peer companies in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 2 larger and 3 smaller; the largest is Siemens Industry Software (India) Private Limited with revenue of ₹2,958.9 Cr. The company has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 3 overdue payments to 3 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prodapt.com.
Company details
Contact details
Prodapt Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is prodapt.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressProdapt Headquarters No 25 A&B South Phase 5th, Cross Street Thiru VI Ka Industrial Estate Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Prodapt Solutions 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
Prodapt Solutions operates one associated brand: Prodapt. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of IT services for businesses | prodapt.com |
Business activity
The main business activity of Prodapt Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Prodapt Solutions Private Limited, buy the company report.
Financials of Prodapt Solutions Private Limited
FY 2025 filings availableProdapt Solutions Private Limited reported revenue of ₹1,866.73 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA fell 14% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹224.7 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹105.22 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12% | ||||
| Net Profit Margin | 5.6% | ||||
| 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 Prodapt Solutions Private Limited, buy the company report.
Board of directors and KMP of Prodapt Solutions Private Limited
Prodapt Solutions Private Limited currently reports 8 directors and 2 key managerial personnel. 8 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv Lochan Chellappa Also directs: Sundaram Finance Limited, Life Style International Private Limited, Ikp Trusteeship Services Private Limited and 3 more | Director | 22 Jul 2024 | 2 Years 3 Months | Current |
| Raju Venkatraman Also directs: Dollar Shave Club India LLP, Krsnaa Diagnostics Limited, Imersive.Io Private Limited and 4 more | Director | 31 Aug 2009 | 17 Years 1 Months | Current |
| Vedant Jhaver Also directs: Prodapt Logistics Holdings Private Limited, Prodapt Technology Holdings Private Limited, PTH Properties LLP and 3 more | Whole-Time Director | 29 Jan 1999 | 27 Years 8 Months | Current |
| Jai Kishan Jhaver | Whole-Time Director | 29 Jan 1999 | 27 Years 8 Months | Current |
| Ramanathan Jagannathan Also directs: Camp Tech Maintenance LLP, Prodapt Tech Hub LLP, Provincial Investment Corpn Pvt Ltd and 3 more | Cfo | 11 Feb 2025 | 1 Years 8 Months | Current |
| Manishkumar Murlimanohar Vyas | Managing Director | 15 Mar 2024 | 2 Years 7 Months | Current |
Peer comparison
Prodapt Solutions Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Siemens Industry Software (India) Private Limited | ₹2,958.9 Cr (FY 2025) | 23.0% | New Delhi, Delhi, India | |||
| Valuemomentum Software Services Private Limited | ₹1,993.97 Cr (FY 2024) | -8.0% | Hyderabad, Telangana, India | |||
| Prodapt Solutions Private Limitedthis company | ₹1,866.73 Cr (FY 2025) | ₹105.22 Cr | 5.6% | -6.0% | 3,648 | Chennai, Tamil Nadu, India |
| Amdocs Development Centre India Private Limited | ₹1,773.17 Cr (FY 2016) | -1.0% | Pune, Maharashtra, India | |||
| Shiprocket Limited | ₹1,674.82 Cr (FY 2025) | 23.0% | Delhi, India | |||
| Parametric Technology (India) Private Limited | ₹1,398.19 Cr (FY 2025) | 10.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Prodapt Solutions Private Limited, buy the company report.
Auditor
Prodapt Solutions Private Limited is audited by Bsr & Co. Llp for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bsr & Co. Llp | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Prodapt Solutions 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Prodapt Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Mar 2021 | 100428844 | Citi Bank N.A. | ₹35 Cr | Open | |
| 19 Jun 2018 | 100197829 | Hdfc Bank Limited | ₹15 Cr | Open | |
| 29 Jun 2016 | 100060823 | Hdfc Bank Limited | ₹13 Cr | Open | |
| 03 Feb 2015 | 10560703 | Hdfc Bank Limited | ₹52.25 Cr | Open | |
| 29 Mar 2017 | 100094458 | Others | ₹34.53 Lakh | Satisfied |
To see the full charge records of Prodapt Solutions Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Prodapt Solutions Private Limited has 18 deals on record (17 secondary share transfers, 1 funding round), with disclosed funding of ₹3.14 Cr; the latest was in September 2023.
Deals on record (5 of 18)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2019 | Secondary share transfer | Undisclosed | Buyer: Affirma Capital Seller: Prodapt Infrastructure Holdings Private Limited , 3 individuals |
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: Affirma Capital Seller: Prodapt Infrastructure Holdings Private Limited , Prodapt Technology Holdings Private Limited , 2 individuals |
| Jul 2019 | Secondary share transfer | Undisclosed | Buyer: Southern Group Industries Private Limited Seller: an individual |
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: Prodapt Technology Holdings Private Limited Seller: an individual |
| Jan 2018 | Secondary share transfer | Undisclosed | Buyer: Prodapt Technology Holdings Private Limited Seller: 4 individuals |
To see the full deal history of Prodapt Solutions 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
Prodapt Solutions Private Limited has 26 court cases on record: 13 filed by Prodapt Solutions, 13 filed against it. 4 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 24 | 11 | 3 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against M/S Concept Classic Converge Private Limited | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by Scientific Publishing Services Pvt.Ltd | Disposed |
| High Court, TAMIL NADU | Petition | Filed against the company by M/S.Fiesta Properties P.Ltd., | Disposed |
| High Court, TAMIL NADU | Petition | Filed against the company by M/S.Creative Foundations P.Ltd | Disposed |
| District court, Medchal Malkajgiri, Telangana | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Prodapt Solutions 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
Prodapt Solutions Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 3 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Spero Property Management | |||
| Silver Sky Tours and Travel Private Limited | |||
| Green Apple Inn |
To see the full MSME payment records of Prodapt Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Prodapt Solutions has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Prodapt NMS India Private Limited | U72200TG2010PTC070406 |
To see the full group structure of Prodapt Solutions Private Limited, buy the company report.
Employees & EPFO
Prodapt Solutions Private Limited has a workforce of 3,648 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Prodapt Solutions has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACZ0985G1ZA | Tamil Nadu | Active | 01 Jul 2017 |
| 33AAACZ0985G2Z9 | Tamil Nadu | Active | 11 Jul 2017 |
| 29AAACZ0985G1ZZ | Karnataka | Active | 01 Jul 2017 |
| 36AAACZ0985G1Z4 | Telangana | Active | 23 Jun 2021 |
To see the full GST registrations and return filing status of Prodapt Solutions Private Limited, buy the company report.
Recent activity
Prodapt Solutions Private Limited has 18 board changes on record since 1999: 10 appointments and 8 cessations. The latest: Ramanathan Jagannathan was appointed as CFO on 11 Feb 2025.
23 earlier events are in the company report.
News
Frequently asked questions
Prodapt Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in software development and support services, within the information technology industry. It was incorporated on 29 January 1999 (27+ years old) and is registered under CIN U30007TN1999PTC041798.
Prodapt Solutions has 10 current directors and KMP:
- Manishkumar Murlimanohar Vyas - Managing Director
- Vedant Jhaver - Whole-Time Director
- Jai Kishan Jhaver - Whole-Time Director
- Rajiv Lochan Chellappa - Director
- Raju Venkatraman - Director
- Udai Dhawan - Director
- Gollapudi Vardhan Vishnu - Director
- Antony Jacob - Director
- Ramanathan Jagannathan - Cfo
- Sandeep Somani - Company Secretary
The latest financial statements of Prodapt Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Prodapt Solutions is 33AAACZ0985G1ZA, registered in Tamil Nadu. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 33AAACZ0985G2Z9 (Tamil Nadu), 29AAACZ0985G1ZZ (Karnataka), 36AAACZ0985G1Z4 (Telangana).
The CIN (Corporate Identification Number) of Prodapt Solutions is U30007TN1999PTC041798. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prodapt Solutions has 26 court cases on record: 13 filed by the company and 13 filed against it. 4 are pending. Most are in the high courts.
Prodapt Solutions was incorporated on 29 January 1999, making it 27+ years old. It is registered with the Registrar of Companies, Chennai.
Prodapt Solutions has 18 deals on record (17 secondary share transfers, 1 funding round), with disclosed funding of ₹3.14 Cr; the latest was in September 2023.
The peers of Prodapt Solutions by revenue are Siemens Industry Software (India) Private Limited, Valuemomentum Software Services Private Limited, Amdocs Development Centre India Private Limited, Shiprocket Limited, Parametric Technology (India) Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities).
Ramanathan Jagannathan was appointed as CFO on 11 Feb 2025. Rajiv Lochan Chellappa ceased to be Additional Director on 29 Sep 2024. Rajiv Lochan Chellappa was appointed as Director on 22 Jul 2024. Prodapt Solutions has 18 board changes on record in total.
Prodapt Solutions has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 3 overdue payments to 3 micro and small suppliers. The latest return was filed on 25 Sep 2023.
Prodapt Solutions can be reached through the website prodapt.com. Its registered office is in Chennai, Tamil Nadu, India.