- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0007980

About Pranion Technology Ventures Private Limited
Data last updated:
Pranion Technology Ventures Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Nallan Technology Ventures Private Limited. It operates in the IT infrastructure management and services segment of the technology and IT services sector. It was incorporated on 13 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2010PTC074246. Its GSTIN is 33AABCF4592N1ZB (Tamil Nadu).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Fugo Consulting Private Limited. It is led by directors Kanniappan Sundara Moorthy (Whole-Time Director) and Nallanchakravarthi Deepakramesh.
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 No.73/30 Flt – 5D Blk – 3 Indus Amber Apts West Jones Road Saidapet, Chennai, Tamil Nadu, India – 600015.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.15 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹4.43 Lakh (net margin 0.5%) and EBITDA of ₹29.72 Lakh (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 4% over five years.
The company has about 109 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Pranion Technology. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 4 cases are pending.
Pranion Technology Ventures Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0007980). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website praniontech.com.
Company details
Recognitions & Rankings of Pranion Technology Ventures
Contact details
Pranion Technology Ventures Private Limited's registered office is in Chennai, Tamil Nadu. Its website is praniontech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.73/30 Flt – 5D Blk – 3 Indus Amber Apts West Jones Road Saidapet, Chennai, Tamil Nadu, India – 600015
- IndustryInformation Technology, IT Infrastructure Management & Services
To see the full contact details of Pranion Technology Ventures 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
Pranion Technology Ventures operates one associated brand: Pranion Technology. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides consulting and technology services for complex business problems worldwide. | praniontech.com |
Business activity
The main business activity of Pranion Technology Ventures 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 Pranion Technology Ventures Private Limited, buy the company report.
Financials of Pranion Technology Ventures Private Limited
FY 2024 filings availablePranion Technology Ventures Private Limited reported revenue of ₹9.15 Cr (up 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 16% growth in the latest year. EBITDA rose 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
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| EBITDA | ₹29.72 Lakh | ||||
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| Net Profit (PAT) | ₹4.43 Lakh | ||||
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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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| EBITDA Margin | 3.2% | ||||
| Net Profit Margin | 0.5% | ||||
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To see the full financial statements and ratios of Pranion Technology Ventures Private Limited, buy the company report.
Board of directors of Pranion Technology Ventures Private Limited
Pranion Technology Ventures has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nallanchakravarthi Deepakramesh Also directs: Nallan Holdings LLP, Nallan Technology Ventures Private Limited | Director | 01 May 2022 | 4 Years 5 Months | Current |
| Kanniappan Sundara Moorthy | Whole-Time Director | 13 Jan 2010 | 16 Years 9 Months | Current |
Auditor
Pranion Technology Ventures Private Limited is audited by PERUMAL & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PERUMAL & CO | FY 2023 | 002639S |
Shareholding
The shareholding of Pranion Technology Ventures 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 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Pranion Technology Ventures Private Limited, buy the company report.
Legal cases
Pranion Technology Ventures Private Limited has 7 court cases on record: 1 filed by Pranion Technology Ventures, 6 filed against it. 4 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 6 | 4 |
Cases on record (4 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (C.S(COMM DIV)) | Filed against the company by Ganitscience Artificial Intelligence and Analytics OPC Private Limited | Pending |
| Madras High Court | Original application | Filed against the company by Ganitscience Artificial Intelligence and Analytics OPC Private Limited Represented by Its Director | Pending |
| Madras High Court | Appeal | Filed by the company against Ganitscience Artificial Intelligence and Analytics OPC Private Limited and 1 other | Disposed |
| Madras High Court | Appeal | Filed against the company by Marketsofl Analytical Marketing Services Private Limited | Disposed |
To see the full case history of Pranion Technology Ventures 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 Pranion Technology Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pranion Technology Ventures Private Limited has a workforce of 109 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Pranion Technology Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCF4592N1ZB | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pranion Technology Ventures Private Limited, buy the company report.
Recent activity
Pranion Technology Ventures Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Anusha Deepak ceased to be Director on 02 May 2022.
Frequently asked questions
Pranion Technology Ventures is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT infrastructure management and services, within the information technology industry. It was incorporated on 13 January 2010 (16+ years old) and is registered under CIN U72900TN2010PTC074246.
Pranion Technology Ventures has 2 current directors:
- Kanniappan Sundara Moorthy - Whole-Time Director
- Nallanchakravarthi Deepakramesh - Director
The latest financial statements of Pranion Technology Ventures 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 Pranion Technology Ventures is 33AABCF4592N1ZB, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Pranion Technology Ventures is U72900TN2010PTC074246. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pranion Technology Ventures has 7 court cases on record: 1 filed by the company and 6 filed against it. 4 are pending.
Pranion Technology Ventures was incorporated on 13 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chennai.
Anusha Deepak ceased to be Director on 02 May 2022. Nallanchakravarthi Deepakramesh was appointed as Director on 01 May 2022. Nallanchakravarthi Deepakramesh ceased to be Whole-Time Director on 20 Jul 2018. Pranion Technology Ventures has 5 board changes on record in total.
Yes, Pranion Technology Ventures is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0007980).
Pranion Technology Ventures can be reached through the website praniontech.com. Its registered office is in Chennai, Tamil Nadu, India.