MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-10-0014999
Praadis Technologies (India) Private Limited - information technology in Bhopal, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹9.59 Cr
▲ 129% YoY
Net profit · FY 2024
₹1.69 Cr
Net margin 17.7%
EBITDA · FY 2024
₹3.11 Cr
EBITDA margin 32.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2.67 Cr
Satisfied ₹46 Lakh
Company age
9 yrs
Est. 2017
Employees · EPFO
6
Provident fund records
About Praadis Technologies (India) Private Limited
Data last updated:
Praadis Technologies (India) Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U74999MP2017PTC042895. Its GSTIN is 23AAJCP0641C1ZZ (Madhya Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Prashant J Bhatia and Aditi Bhatia Prashant.
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 Office No.602 – A 6th Floor Commercial Zone Aashima Mall Hoshangabad Road, Bhopal, Madhya Pradesh, India – 462026.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.59 Cr, a growth of 129% compared to the previous year. For the same year it recorded a net profit of ₹1.69 Cr (net margin 17.7%) and EBITDA of ₹3.11 Cr (EBITDA margin 32.4%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years and 125% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Praadis Education. As per MCA filings, the company has open charges of ₹2.67 Cr and satisfied charges of ₹46 Lakh on record.
Praadis Technologies (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-10-0014999). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website praadistech.com.
Company details
CIN U74999MP2017PTC042895
Registration Number 042895
Incorporation Date 17 March 2017
ROC Gwalior
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 Micro
Udyam Registration UDYAM-MP-10-0014999
Recognitions & Rankings of Praadis Technologies (India)
Contact details
Praadis Technologies (India) Private Limited's registered office is in Bhopal, Madhya Pradesh. Its website is praadistech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No.602 – A 6th Floor Commercial Zone Aashima Mall Hoshangabad Road, Bhopal, Madhya Pradesh, India – 462026
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Praadis Technologies (India) Private Limited, buy the company report.
Comprehensive company report
Praadis Technologies (India) 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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Brands
Praadis Technologies (India) operates one associated brand: Praadis Education. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Educational apps and resources are provided for students. | praadisedu.com |
Business activity
The main business activity of Praadis Technologies (India) is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Praadis Technologies (India) Private Limited, buy the company report.
Financials of Praadis Technologies (India) Private Limited
FY 2024 filings availablePraadis Technologies (India) Private Limited reported revenue of ₹9.59 Cr (up 129% YoY) for FY 2024.
Revenue · FY 2024
₹9.59 Cr ▲ 129%
Net profit · FY 2024
₹1.69 Cr margin 17.7%
EBITDA · FY 2024
₹3.11 Cr margin 32.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 129%
3 years · compounded
▲ 59%
5 years · compounded
▲ 125%
EBITDA CAGR growth
1 year
▲ 103%
3 years · compounded
▲ 60%
5 years · compounded
▲ 65%
Revenue has grown at a compounded annual rate (CAGR) of 125% over five years, including 129% growth in the latest year. EBITDA rose 103% 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 |
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| EBITDA | ₹3.11 Cr | ||||
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| Net Profit (PAT) | ₹1.69 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 32.4% | ||||
| Net Profit Margin | 17.7% | ||||
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To see the full financial statements and ratios of Praadis Technologies (India) Private Limited, buy the company report.
Board of directors of Praadis Technologies (India) Private Limited
Praadis Technologies (India) has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant J Bhatia | Director | 17 Mar 2017 | 9 Years 7 Months | Current |
| Aditi Bhatia Prashant | Director | 17 Mar 2017 | 9 Years 7 Months | Current |
Peer comparison
Praadis Technologies (India) Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avm Infotech (India) Private Limited | ₹9.7 Cr (FY 2024) | 62.0% | Indore, Madhya Pradesh, India | |||
| Azoi Mobile Technologies Private Limited | ₹9.68 Cr (FY 2016) | 12.0% | Ahmedabad, Gujarat, India | |||
| Cloudtechtiq Technologies Private Limited | ₹9.62 Cr (FY 2025) | 44.0% | Jaipur, Rajasthan, India | |||
| Corecognitics Solutions Private Limited | ₹9.61 Cr (FY 2024) | 24.0% | Kozhikode, Kerala, India | |||
| Devise Electronics Private Limited | ₹9.6 Cr (FY 2024) | 10.0% | Pune, Maharashtra, India | |||
| Praadis Technologies (India) Private Limitedthis company | ₹9.59 Cr (FY 2024) | ₹1.69 Cr | 17.7% | 129.0% | 6 | Bhopal, Madhya Pradesh, India |
| Salzer Technologies Limited | ₹9.58 Cr (FY 2025) | 25.0% | Chennai, Tamil Nadu, India | |||
| Yosicare Private Limited | ₹9.58 Cr (FY 2025) | 113.0% | Coimbatore, Tamil Nadu, India | |||
| Universys Technologies Private Limited | ₹9.57 Cr (FY 2025) | 35.0% | Chennai, Tamil Nadu, India | |||
| Xanthus Innovations Private Limited | ₹9.55 Cr (FY 2024) | 182.0% | Mumbai, Maharashtra, India | |||
| Saas Band Technologies Private Limited | ₹9.53 Cr (FY 2025) | 146.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Praadis Technologies (India) Private Limited, buy the company report.
Auditor
Praadis Technologies (India) Private Limited is audited by MUKUND MAHESHWARI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUKUND MAHESHWARI & CO | FY 2023 | 0009459C |
Shareholding
The shareholding of Praadis Technologies (India) 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 Praadis Technologies (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.67 Cr
Satisfied charges
₹46 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Apr 2024 | 100920779 | Others | ₹1.27 Cr | Open | |
| 20 Mar 2024 | 100943204 | Others | ₹1.4 Cr | Open | |
| 22 Mar 2023 | 100700063 | Others | ₹46 Lakh | Satisfied |
To see the full charge records of Praadis Technologies (India) Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Praadis Technologies (India) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Praadis Technologies (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Praadis Technologies (India) Private Limited has a workforce of 6 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
6
Active EPFO establishments
1
Employee growth
-68.42%
GST
Praadis Technologies (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAJCP0641C1ZZ | Madhya Pradesh | Active | 01 Sep 2017 |
To see the full GST registrations and return filing status of Praadis Technologies (India) Private Limited, buy the company report.
Recent activity
Praadis Technologies (India) Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Chandrakant Tiwari ceased to be Director on 19 Jan 2018.
AGM
Praadis Technologies (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 127.00 Lakh with Charge ID 100920779 was registered on 12 Apr 2024.
Filing
Praadis Technologies (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Charges
A charge with Others amounted to Rs. 140.00 Lakh with Charge ID 100943204 was registered on 20 Mar 2024.
Charges
A charge registered on 22 Mar 2023 via Charge ID 100700063 with Others was fully satisfied on 18 Jan 2024.
Charges
A charge with Others amounted to Rs. 46.00 Lakh with Charge ID 100700063 was registered on 22 Mar 2023.
Ceased
Chandrakant Tiwari ceased to be Director.
Appointed
Aditi Bhatia Prashant was appointed as Director.
Appointed
Prashant J Bhatia was appointed as Director.
Incorporation
17 Mar 2017
Praadis Technologies (India) Private Limited was registered on 17 Mar 2017 with Roc Gwalior & aged 9 years 7 months as per MCA records.
News
Frequently asked questions
Praadis Technologies (India) is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 March 2017 (9+ years old) and is registered under CIN U74999MP2017PTC042895.
Praadis Technologies (India) has 2 current directors:
- Prashant J Bhatia - Director
- Aditi Bhatia Prashant - Director
The latest financial statements of Praadis Technologies (India) 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 FY 2017 are in the company report.
The GSTIN of Praadis Technologies (India) is 23AAJCP0641C1ZZ, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Praadis Technologies (India) is U74999MP2017PTC042895. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Praadis Technologies (India) was incorporated on 17 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Praadis Technologies (India) by revenue are Avm Infotech (India) Private Limited, Azoi Mobile Technologies Private Limited, Cloudtechtiq Technologies Private Limited, Corecognitics Solutions Private Limited, Devise Electronics Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Chandrakant Tiwari ceased to be Director on 19 Jan 2018. Aditi Bhatia Prashant was appointed as Director on 17 Mar 2017. Prashant J Bhatia was appointed as Director on 17 Mar 2017.
Yes, Praadis Technologies (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-10-0014999).
Praadis Technologies (India) can be reached through the website praadistech.com. Its registered office is in Bhopal, Madhya Pradesh, India.
The registered office of Praadis Technologies (India) is at Office No.602 – A 6th Floor Commercial Zone Aashima Mall Hoshangabad Road, Bhopal, Madhya Pradesh, India – 462026.