MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-02-0032624
Prasmith Innovation Private Limited
Prasmith Innovation Private Limited - business services in Bangalore, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2025
₹5.31 Cr
▼ 25% YoY
Net profit · FY 2025
₹6.98 Lakh
Net margin 1.3%
EBITDA · FY 2025
₹7.23 Lakh
EBITDA margin 1.4%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹60 Lakh
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
About Prasmith Innovation Private Limited
Data last updated:
Prasmith Innovation Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business support services segment of the business services sector. It was incorporated on 28 June 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2021PTC148840.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Paloran Karayi Smitha and Pranil Pradeep.
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 No.72/1 3rd Cross Lalbagh Road Sudhamanagar, Bangalore, Karnataka, India – 560027.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.31 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹6.98 Lakh (net margin 1.3%) and EBITDA of ₹7.23 Lakh (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years.
As per MCA filings, the company has open charges of ₹60 Lakh on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
Prasmith Innovation Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0032624).
Company details
CIN U74999KA2021PTC148840
Registration Number 148840
Incorporation Date 28 June 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-KR-02-0032624
Recognitions & Rankings of Prasmith Innovation
Contact details
Prasmith Innovation Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressNo.72/1 3rd Cross Lalbagh Road Sudhamanagar, Bangalore, Karnataka, India – 560027
- IndustryBusiness Services, Business Support Services
Comprehensive company report
Prasmith Innovation 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
Business activity
The main business activity of Prasmith Innovation is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Prasmith Innovation Private Limited, buy the company report.
Financials of Prasmith Innovation Private Limited
FY 2025 filings availablePrasmith Innovation Private Limited reported revenue of ₹5.31 Cr (down 25% YoY) for FY 2025.
Revenue · FY 2025
₹5.31 Cr ▼ 25%
Net profit · FY 2025
₹6.98 Lakh margin 1.3%
EBITDA · FY 2025
₹7.23 Lakh margin 1.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 25%
3 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▼ 23%
3 years · compounded
▲ 15%
Revenue fell 25% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 29%. EBITDA fell 23% 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 |
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| EBITDA | ₹7.23 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹6.98 Lakh | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | ||||
| EBITDA Margin | 1.4% | |||
| Net Profit Margin | 1.3% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Prasmith Innovation Private Limited, buy the company report.
Board of directors of Prasmith Innovation Private Limited
Prasmith Innovation has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paloran Karayi Smitha | Director | 28 Jun 2021 | 5 Years 3 Months | Current |
| Pranil Pradeep | Director | 28 Jun 2021 | 5 Years 3 Months | Current |
Charges & borrowings
Open charges
₹60 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jan 2025 | 101060059 | Hdfc Bank Limited | ₹60 Lakh | Open |
To see the full charge records of Prasmith Innovation Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Prasmith Innovation Private Limited has 3 court cases on record: 3 filed by Prasmith Innovation. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
3
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal case | Filed by the company against Parishrama Enterprises | Pending |
| District court, BENGALURU, Karnataka | Criminal case | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against M/S Sri Bhairaveshwara Enterprises, Rep. by Prop. Kamble Digamber Ramesh | Disposed |
To see the full case history of Prasmith Innovation 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 Prasmith Innovation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Prasmith Innovation Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Prasmith Innovation Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Paloran Karayi Smitha was appointed as Director on 28 Jun 2021.
AGM
Prasmith Innovation Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Prasmith Innovation 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 of Rs. 60.00 Lakh registered on 20 Jan 2025 with Charge ID 101060059 was modified on 07 Feb 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 60.00 Lakh with Charge ID 101060059 was registered on 20 Jan 2025.
Appointed
Paloran Karayi Smitha was appointed as Director.
Appointed
Pranil Pradeep was appointed as Director.
Incorporation
28 Jun 2021
Prasmith Innovation Private Limited was registered on 28 Jun 2021 with Roc Bangalore & aged 5 years 3 months as per MCA records.
Frequently asked questions
Prasmith Innovation is an active private limited company based in Bangalore, Karnataka, India. The company works in business support services, within the business services industry. It was incorporated on 28 June 2021 (5+ years old) and is registered under CIN U74999KA2021PTC148840.
Prasmith Innovation has 2 current directors:
- Paloran Karayi Smitha - Director
- Pranil Pradeep - Director
The latest financial statements of Prasmith Innovation 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 FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Prasmith Innovation is U74999KA2021PTC148840. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prasmith Innovation has 3 court cases on record: 3 filed by the company. 1 is pending.
Prasmith Innovation was incorporated on 28 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Paloran Karayi Smitha was appointed as Director on 28 Jun 2021. Pranil Pradeep was appointed as Director on 28 Jun 2021.
Yes, Prasmith Innovation is registered as a small enterprise under Udyam registration (number: UDYAM-KR-02-0032624).
The registered office of Prasmith Innovation is at No.721 3rd Cross Lalbagh Road Sudhamanagar, Bangalore, Karnataka, India – 560027.
Prasmith Innovation operates in the business services industry, in the business support services segment.