MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-02-0015750
Prasoft IT Services Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹42.32 Cr
▲ 36% YoY
Net profit · FY 2024
₹48.71 Lakh
Net margin 1.2%
EBITDA · FY 2024
₹75.56 Lakh
EBITDA margin 1.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2.5 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
About Prasoft IT Services Private Limited
Data last updated:
Prasoft IT Services Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 01 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2018PTC122627. Its GSTIN is 36AAJCP7111M1Z4 (Telangana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajani Maligi and Vijay Kumar Maligi.
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 Amrutha Ville F No:304 Somajiguda, Hyderabad, Telangana, India – 500082.
As per the financials filed for FY 2024, the company reported a revenue of ₹42.32 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹48.71 Lakh (net margin 1.2%) and EBITDA of ₹75.56 Lakh (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 138% over five years.
The company is associated with 1 brand: Prasoft. As per MCA filings, the company has open charges of ₹2.5 Cr on record.
Prasoft IT Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0015750). For more details, the company can be reached via its website prasoftit.in.
Company details
CIN U72900TG2018PTC122627
Registration Number 122627
Incorporation Date 01 March 2018
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Small
Udyam Registration UDYAM-TS-02-0015750
Recognitions & Rankings of Prasoft IT Services
Contact details
Prasoft IT Services Private Limited's registered office is in Hyderabad, Telangana. Its website is prasoftit.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAmrutha Ville F No:304 Somajiguda, Hyderabad, Telangana, India – 500082
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Prasoft IT Services Private Limited, buy the company report.
Comprehensive company report
Prasoft IT Services 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
Prasoft IT Services operates one associated brand: PRASOFT. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT distribution, reselling, and supply chain services for software. | prasoftit.in |
Business activity
The main business activity of Prasoft IT Services is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Prasoft IT Services Private Limited, buy the company report.
Financials of Prasoft IT Services Private Limited
FY 2024 filings availablePrasoft IT Services Private Limited reported revenue of ₹42.32 Cr (up 36% YoY) for FY 2024.
Revenue · FY 2024
₹42.32 Cr ▲ 36%
Net profit · FY 2024
₹48.71 Lakh margin 1.2%
EBITDA · FY 2024
₹75.56 Lakh margin 1.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 36%
3 years · compounded
▲ 47%
5 years · compounded
▲ 138%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 28%
5 years · compounded
▲ 91%
Revenue has grown at a compounded annual rate (CAGR) of 138% over five years, including 36% growth in the latest year. EBITDA rose 10% 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 | ₹75.56 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹48.71 Lakh | ||||
| Balance Sheet | |||||
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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 | 1.8% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Prasoft IT Services Private Limited, buy the company report.
Board of directors of Prasoft IT Services Private Limited
Prasoft IT Services 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 |
|---|---|---|---|---|
| Rajani Maligi | Director | 01 Mar 2018 | 8 Years 7 Months | Current |
| Vijay Kumar Maligi Also directs: Jisda IT Solutions LLP, 19Th Hole Studios Private Limited | Director | 04 Dec 2020 | 5 Years 10 Months | Current |
Peer comparison
Prasoft IT Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shorthills Tech Private Limited | ₹42.55 Cr (FY 2025) | 18.0% | New Delhi, Delhi, India | |||
| Famescore Private Limited | ₹42.54 Cr (FY 2025) | 54.0% | Delhi, India | |||
| Clinipace Clinical Research Private Limited | ₹42.54 Cr (FY 2025) | 11.0% | Thiruvananthapuram, Kerala, India | |||
| Disha Communications Private Limited | ₹42.44 Cr (FY 2025) | -15.0% | Bangalore, Karnataka, India | |||
| Bluezoo Private Limited | ₹42.38 Cr (FY 2023) | 446017.0% | Bangalore, Karnataka, India | |||
| Prasoft IT Services Private Limitedthis company | ₹42.32 Cr (FY 2024) | ₹48.71 Lakh | 1.2% | 36.0% | Hyderabad, Telangana, India | |
| Decision Minds India Private Limited | ₹42.2 Cr (FY 2024) | -13.0% | Guduvancherry, Tamil Nadu, India | |||
| Infinity Advertising Services Pvt. Ltd. | ₹42.18 Cr (FY 2025) | -44.0% | Faridabad, Haryana, India | |||
| Cottadiyil Industries Private Limited | ₹42.08 Cr (FY 2019) | 0.0% | Thane, Maharashtra, India | |||
| Expertsource Global Services Private Limited | ₹42.05 Cr (FY 2025) | 34.0% | Navi Mumbai, Maharashtra, India | |||
| Ideal Systems Limited | ₹42.04 Cr (FY 2020) | 14.0% | Navrangpura Ahmedabad, Gujarat, India |
To see the full peer comparison of Prasoft IT Services Private Limited, buy the company report.
Auditor
Prasoft IT Services Private Limited is audited by Venu & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Venu & Associates | FY 2023 | 024220 |
Shareholding
The shareholding of Prasoft IT Services Private Limited is on record for 4 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 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Prasoft IT Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Feb 2025 | 101087105 | Others | ₹1.5 Cr | Open | |
| 12 Jul 2023 | 100759146 | Others | ₹1 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Prasoft IT Services 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 Prasoft IT Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prasoft IT Services has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAJCP7111M1Z4 | Telangana | Active | 21 May 2018 |
| 09AAJCP7111M1Z1 | Uttar Pradesh | Active | 26 Jan 2021 |
To see the full GST registrations and return filing status of Prasoft IT Services Private Limited, buy the company report.
Recent activity
Prasoft IT Services Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Shashi Kiran Sathelli ceased to be Director on 04 Dec 2020.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 101087105 was registered on 27 Feb 2025.
AGM
Prasoft It Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Prasoft It Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100759146 was registered on 12 Jul 2023.
Ceased
Shashi Kiran Sathelli ceased to be Director.
Appointed
Vijay Kumar Maligi was appointed as Director.
Appointed
Rajani Maligi was appointed as Director.
Incorporation
01 Mar 2018
Prasoft It Services Private Limited was registered on 01 Mar 2018 with Roc Hyderabad & aged 8 years 7 months as per MCA records.
Frequently asked questions
Prasoft IT Services is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 01 March 2018 (8+ years old) and is registered under CIN U72900TG2018PTC122627.
Prasoft IT Services has 2 current directors:
- Rajani Maligi - Director
- Vijay Kumar Maligi - Director
The latest financial statements of Prasoft IT Services 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 2018 are in the company report.
The GSTIN of Prasoft IT Services is 36AAJCP7111M1Z4, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAJCP7111M1Z1 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Prasoft IT Services is U72900TG2018PTC122627. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prasoft IT Services was incorporated on 01 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Prasoft IT Services by revenue are Shorthills Tech Private Limited, Famescore Private Limited, Clinipace Clinical Research Private Limited, Disha Communications Private Limited, Bluezoo Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Shashi Kiran Sathelli ceased to be Director on 04 Dec 2020. Vijay Kumar Maligi was appointed as Director on 04 Dec 2020. Rajani Maligi was appointed as Director on 01 Mar 2018.
Yes, Prasoft IT Services is registered as a small enterprise under Udyam registration (number: UDYAM-TS-02-0015750).
Prasoft IT Services can be reached through the website prasoftit.in. Its registered office is in Hyderabad, Telangana, India.
The registered office of Prasoft IT Services is at Amrutha Ville F No:304 Somajiguda, Hyderabad, Telangana, India – 500082.