DPIIT recognised startup Government of India
Startup India
Prasara Innotech Private Limited - consumer electronics & durables in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹12.19 Cr
▲ 10% YoY
Net profit · FY 2025
₹1.41 Cr
Net margin 11.5%
EBITDA · FY 2025
₹1.73 Cr
EBITDA margin 14.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2.3 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
41
Provident fund records
About Prasara Innotech Private Limited
Data last updated:
Prasara Innotech Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 07 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC101133. Its GSTIN is 29AAJCP0385K1ZX (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Veera Venkata Prasad Chatran and Vijayagowri Chatran.
Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1/2A 18th Cross Narayana Nagar Doddakallasandra, Bangalore, Karnataka, India – 560062.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.19 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.41 Cr (net margin 11.5%) and EBITDA of ₹1.73 Cr (EBITDA margin 14.2%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 64% over five years.
The company has about 41 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Tusker India. As per MCA filings, the company has open charges of ₹2.3 Cr on record.
Prasara Innotech Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0154160). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tuskerindia.in.
Company Details of Prasara Innotech Private Limited
CIN U74999KA2017PTC101133
Registration Number 101133
Incorporation Date 07 March 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 12 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0154160
Recognitions & Rankings of Prasara Innotech
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0154160
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address1/2A 18th Cross Narayana Nagar Doddakallasandra, Bangalore, Karnataka, India – 560062
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
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Associated Brands with Prasara Innotech Private Limited
Prasara Innotech operates one associated brand: Tusker India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces stainless steel modular kitchen cabinets for Indian households. | tuskerindia.in |
Business Activity of Prasara Innotech Private Limited
The main business activity of Prasara Innotech is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
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Financials of Prasara Innotech Private Limited FY 2025 filings available
Prasara Innotech Private Limited reported revenue of ₹12.19 Cr (up 10% YoY) for FY 2025.
Revenue · FY 2025
₹12.19 Cr ▲ 10%
Net profit · FY 2025
₹1.41 Cr margin 11.5%
EBITDA · FY 2025
₹1.73 Cr margin 14.2%
Compounded Annual Growth Rate (CAGR) of Prasara Innotech Private Limited
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 52%
5 years · compounded
▲ 64%
EBITDA CAGR growth
1 year
▲ 219%
3 years · compounded
▲ 104%
5 years · compounded
▲ 31%
Revenue has grown at a compounded annual rate (CAGR) of 64% over five years, including 10% growth in the latest year. EBITDA rose 219% 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 of Prasara Innotech Private Limited
| 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 | ₹1.73 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.41 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 of Prasara Innotech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Prasara Innotech are in the company report.
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Financial statements from FY 2017
Earlier years and trend charts are in the company report.
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Board of Directors of Prasara Innotech Private Limited
Prasara Innotech has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veera Venkata Prasad Chatran | Director | 07 Mar 2017 | 9 Years 7 Months | Current |
| Vijayagowri Chatran | Director | 22 Jul 2024 | 2 Years 2 Months | Current |
Peer Comparison of Prasara Innotech Private Limited
Prasara Innotech Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Furniture). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gilco Exports Ltd | ₹12.41 Cr (FY 2022) | •••• | •••• | -38.0% | •••• | Chandigarh, India |
| Lifestyle 360 Degree Private Limited | ₹12.39 Cr (FY 2024) | •••• | •••• | 36.0% | •••• | Gurgaon, Haryana, India |
| Reejhul Furniture Private Limited | ₹12.32 Cr (FY 2025) | •••• | •••• | 199.0% | •••• | Gwalior, Madhya Pradesh, India |
| Basic Hitech Furniture Private Limited | ₹12.28 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Chennai, Tamil Nadu, India |
| Brightview Products Private Limited | ₹12.25 Cr (FY 2025) | •••• | •••• | 171836.0% | •••• | Nagpur, Maharashtra, India |
| Prasara Innotech Private Limited this company | ₹12.19 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| Kgmi Services Private Limited | ₹12.18 Cr (FY 2025) | •••• | •••• | 109.0% | •••• | Bhubaneswar, Odisha, India |
| Grace Locks Limited | ₹12.17 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Chandigarh, India |
| Hrishikesh Engineering Private Limited | ₹12.16 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Nagpur, Maharashtra, India |
| Abhay Impex Private Limited | ₹12.14 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | New Delhi, Delhi, India |
| Creatomy Build Private Limited | ₹12.14 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Prasara Innotech by revenue in the Consumer Durables industry (Furniture), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Prasara Innotech Private Limited
Prasara Innotech Private Limited is audited by V S ANKALKOTI & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V S ANKALKOTI & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
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Ownership and Shareholding of Prasara Innotech Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Prasara Innotech Private Limited
Open charges
₹2.3 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Sep 2024 | Hdfc Bank Limited | ₹2.3 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Prasara Innotech Private Limited
Prasara Innotech Private Limited has a workforce of 41 employees as of Apr 04, 2024.
Employee count
41
Active EPFO establishments
1
Employee growth
17.14%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Prasara Innotech Private Limited
Prasara Innotech Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Vijayagowri Chatran ceased to be Additional Director on 10 Sep 2024.
AGM
Prasara Innotech Private Limited last Annual general meeting of members was held on 12 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 230.00 Lakh registered on 13 Sep 2024 with Charge ID 100982435 was modified on 05 Sep 2025.
Filing
Prasara Innotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 230.00 Lakh with Charge ID 100982435 was registered on 13 Sep 2024.
Ceased
Vijayagowri Chatran ceased to be Additional Director.
Ceased
Chilakuri Harihara Ravi ceased to be Director.
Appointed
Vijayagowri Chatran was appointed as Director.
Appointed
Veera Venkata Prasad Chatran was appointed as Director.
Incorporation
07 Mar 2017
Prasara Innotech Private Limited was registered on 07 Mar 2017 with Roc Bangalore & aged 9 years 7 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Prasara Innotech Private Limited
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MSME Payment Delays by Prasara Innotech Private Limited
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Subsidiaries & Group Companies of Prasara Innotech Private Limited
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GST Compliance of Prasara Innotech Private Limited
Prasara Innotech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCP0385K1ZX | Karnataka | Active | 01 Jul 2017 |
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MCA Filings & Documents of Prasara Innotech Private Limited
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Frequently Asked Questions about Prasara Innotech Private Limited
Prasara Innotech is an active private limited company based in Bangalore, Karnataka, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 07 March 2017 (9+ years old) and is registered under CIN U74999KA2017PTC101133.
Prasara Innotech reported revenue of ₹12.19 Cr for FY 2025 (up 10% YoY).
Prasara Innotech has 2 current directors:
- Veera Venkata Prasad Chatran - Director
- Vijayagowri Chatran - Director
Prasara Innotech reported a net profit of ₹1.41 Cr (net margin 11.5%) and EBITDA of ₹1.73 Cr (EBITDA margin 14.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Prasara Innotech is 52% over three years and 64% over five years. In the latest year (FY 2025) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Prasara Innotech is 29AAJCP0385K1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Prasara Innotech is U74999KA2017PTC101133. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prasara Innotech was incorporated on 07 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Prasara Innotech by revenue are Gilco Exports Ltd, Lifestyle 360 Degree Private Limited, Reejhul Furniture Private Limited, Basic Hitech Furniture Private Limited, Brightview Products Private Limited and 5 more, all in the Consumer Durables industry (Furniture).
Vijayagowri Chatran ceased to be Additional Director on 10 Sep 2024. Chilakuri Harihara Ravi ceased to be Director on 22 Jul 2024. Vijayagowri Chatran was appointed as Director on 22 Jul 2024. Prasara Innotech has 4 board changes on record in total.
Yes, Prasara Innotech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).