MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0040640
Prakat Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12.38 Cr
▼ 33% YoY
Net loss · FY 2024
₹1.59 Cr
Net margin -12.8%
EBITDA · FY 2024
-₹1.41 Cr
EBITDA margin -11.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.25 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Employees · EPFO
83
Provident fund records
About Prakat Solutions Private Limited
Data last updated:
Prakat Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Prakat Solutions Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2010PTC052753. Its GSTIN is 29AAFCP3783R1ZF (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Anuradha Biswas and Viswanath Diwakar Shenoy.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.38 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹1.59 Cr (net margin -12.8%) and EBITDA of -₹1.41 Cr (EBITDA margin -11.4%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 5% over five years.
The company has about 83 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Prakat. As per MCA filings, the company has open charges of ₹1.25 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Prakat Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0040640). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prakat.com.
Company details
CIN U72200KA2010PTC052753
Registration Number 052753
Incorporation Date 03 March 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Prakat Solutions Inc
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0040640
Recognitions & Rankings of Prakat Solutions
Contact details
Prakat Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is prakat.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address147 Rainbow Residency Off Sarjapura Road Junnasandra Village, Carmelaram, Bangalore, Karnataka, India – 560035
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Prakat Solutions Private Limited, buy the company report.
Comprehensive company report
Prakat Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Prakat Solutions operates one associated brand: Prakat. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Services in application development, testing, and modernization are offered. | prakat.com |
Business activity
The main business activity of Prakat 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 Prakat Solutions Private Limited, buy the company report.
Financials of Prakat Solutions Private Limited
FY 2025 filings availablePrakat Solutions Private Limited reported revenue of ₹12.38 Cr (down 33% YoY) for FY 2024.
Revenue · FY 2024
₹12.38 Cr ▼ 33%
Net loss · FY 2024
₹1.59 Cr margin -12.8%
EBITDA · FY 2024
-₹1.41 Cr margin -11.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 33%
3 years · compounded
▲ 8%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 137%
3 years · compounded
▼ 20%
5 years · compounded
▼ 37%
Revenue fell 33% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 137% 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 | -₹1.41 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.59 Cr | ||||
| Balance Sheet | |||||
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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 | -12.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Prakat Solutions Private Limited, buy the company report.
Board of directors of Prakat Solutions Private Limited
Prakat Solutions has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viswanath Diwakar Shenoy | Additional Director | 20 Feb 2024 | 2 Years 8 Months | Current |
| Anuradha Biswas Also directs: Manuka AI Labs Private Limited | Director | 15 Dec 2010 | 15 Years 10 Months | Current |
Peer comparison
Prakat Solutions Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Piterion India Private Limited | ₹12.41 Cr (FY 2025) | 7.0% | Bangalore, Karnataka, India | |||
| Visilean India Private Limited | ₹12.41 Cr (FY 2025) | 29.0% | Ahmedabad, Gujarat, India | |||
| Prosimo.Io India Private Limited | ₹12.4 Cr (FY 2023) | 96.0% | Bengaluru, Karnataka, India | |||
| Soham Software Services Private Limited | ₹12.39 Cr (FY 2024) | -3.0% | Telangana, India | |||
| Hifx IT and Media Services Private Limited | ₹12.38 Cr (FY 2024) | 2.0% | Ernakulam, Kerala, India | |||
| Prakat Solutions Private Limitedthis company | ₹12.38 Cr (FY 2024) | -₹1.59 Cr | -12.8% | -33.0% | 83 | Bangalore, Karnataka, India |
| Tekessence Software Solutions Private Limited | ₹12.38 Cr (FY 2025) | -12.0% | Chennai, Tamil Nadu, India | |||
| N-Scope Netware Private Limited | ₹12.36 Cr (FY 2025) | 33.0% | Rajkot, Gujarat, India | |||
| Initech Software Solutions Private Limited | ₹12.36 Cr (FY 2025) | 20.0% | Hyderabad, Telangana, India | |||
| Flyers Soft Private Limited | ₹12.36 Cr (FY 2025) | -4.0% | Vijayawada, Andhra Pradesh, India | |||
| Microtech IT Systems Private Limited | ₹12.36 Cr (FY 2024) | 17.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Prakat Solutions Private Limited, buy the company report.
Auditor
Prakat Solutions Private Limited is audited by A. NAGARAJU for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. NAGARAJU | FY 2023 | 215153 |
Shareholding
The shareholding of Prakat 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 Prakat Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.25 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Dec 2019 | 100314919 | Others | ₹1.25 Cr | Open |
To see the full charge records of Prakat Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Prakat Solutions Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (COP) | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Court case (COP) | Filed against the company by an individual | Disposed |
To see the full case history of Prakat 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
No delayed payments to MSME suppliers are on our record for Prakat Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prakat Solutions Private Limited has a workforce of 83 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
83
Active EPFO establishments
1
Employee growth
-35.16%
GST
Prakat Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCP3783R1ZF | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prakat Solutions Private Limited, buy the company report.
Recent activity
Prakat Solutions Private Limited has 12 board changes on record since 2010: 2 appointments and 10 cessations. The latest: Viswanath Diwakar Shenoy was appointed as Additional Director on 20 Feb 2024.
AGM
Prakat Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Prakat Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Viswanath Diwakar Shenoy was appointed as Additional Director.
Ceased
Krishna Ranjan ceased to be Additional Director.
Ceased
Ravindran Srinivasan ceased to be Whole-Time Director.
Charges
A charge with Others of Rs. 125.00 Lakh registered on 19 Dec 2019 with Charge ID 100314919 was modified on 21 Jul 2022.
Ceased
Srikant Krish ceased to be Whole-Time Director.
Charges
A charge with Others amounted to Rs. 125.00 Lakh with Charge ID 100314919 was registered on 19 Dec 2019.
Ceased
Hema Shantharam ceased to be Director.
Ceased
Srihari Reddy ceased to be Additional Director.
Ceased
Rahul Guha ceased to be Director.
Ceased
Sumukha Rao Ranganatha ceased to be Director.
5 earlier events are in the company report.
News
Frequently asked questions
Prakat Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 03 March 2010 (16+ years old) and is registered under CIN U72200KA2010PTC052753.
Prakat Solutions has 2 current directors:
- Viswanath Diwakar Shenoy - Additional Director
- Anuradha Biswas - Director
The latest financial statements of Prakat Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Prakat Solutions is 29AAFCP3783R1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of Prakat Solutions is U72200KA2010PTC052753. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prakat Solutions has 2 court cases on record: 2 filed against it.
Prakat Solutions was incorporated on 03 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Prakat Solutions by revenue are Piterion India Private Limited, Visilean India Private Limited, Prosimo.Io India Private Limited, Soham Software Services Private Limited, Hifx IT and Media Services Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
Viswanath Diwakar Shenoy was appointed as Additional Director on 20 Feb 2024. Krishna Ranjan ceased to be Additional Director on 29 Sep 2023. Ravindran Srinivasan ceased to be Whole-Time Director on 28 Mar 2023. Prakat Solutions has 12 board changes on record in total.
Yes, Prakat Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0040640).
Prakat Solutions can be reached through the website prakat.com. Its registered office is in Bangalore, Karnataka, India.