Prasoma IT Solutions Private Limited
About Prasoma IT Solutions Private Limited
Data last updated:
Prasoma IT Solutions Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the consultancy services segment of the technology and IT services sector. It was incorporated on 31 May 2010.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2010PTC068646.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It was led by directors Madhava Potturi and Mohana Madhav Potturi.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 303 Shivam Fortunekumkum Heights 186/P Rr Masjid Banda Kondapur, Hyderabad, Telangana, India – 500084.
As per the financials filed for FY 2018, the company reported a revenue of ₹60,000, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹12,644 (net margin -21.1%) and EBITDA of -₹1,110 (EBITDA margin -1.8%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years.
Company details
CIN history
Prasoma IT Solutions has one previous CIN (Corporate Identification Number): U72200AP2010PTC068646. The current CIN is U72200TG2010PTC068646, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2010PTC068646 | Current |
| U72200AP2010PTC068646 | Previous |
Contact details
Prasoma IT Solutions Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address303 Shivam Fortunekumkum Heights 186/P Rr Masjid Banda Kondapur, Hyderabad, Telangana, India – 500084
- IndustryInformation Technology, Consultancy, Computer Programming
To see the full contact details of Prasoma IT Solutions 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
Business activity
The main business activity of Prasoma IT 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 Prasoma IT Solutions Private Limited, buy the company report.
Financials of Prasoma IT Solutions Private Limited
FY 2018 filings availablePrasoma IT Solutions Private Limited reported revenue of ₹60,000 (down 37% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 42% over three years, including a 37% fall in the latest year. EBITDA rose 97% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹1,110 | |||
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| Net Profit (PAT) | -₹12,644 | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -1.8% | |||
| Net Profit Margin | -21.1% | |||
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To see the full financial statements and ratios of Prasoma IT Solutions Private Limited, buy the company report.
Board of directors of Prasoma IT Solutions Private Limited
Prasoma IT Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhava Potturi Also directs: Nandan Bio- Research Foundation | Director | 31 May 2010 | 16 Years 4 Months | As last reported |
| Mohana Madhav Potturi | Director | 19 Feb 2011 | 15 Years 8 Months | As last reported |
Peer comparison
Prasoma IT Solutions Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Tenxgrowth Private Limited | ₹60,180 (FY 2021) | -67.0% | Navi Mumbai, Maharashtra, India | |||
| Viewsign Technology Private Limited | ₹60,120 (FY 2024) | -60.0% | Bulandshahr, Uttar Pradesh, India | |||
| Prasoma IT Solutions Private Limitedthis company | ₹60,000 (FY 2018) | -₹12,644 | -21.1% | -37.0% | Hyderabad, Telangana, India | |
| Techpixels Private Limited | ₹60,000 (FY 2022) | 4.0% | Pune, Maharashtra, India | |||
| Vesdoc Streamzone Private Limited | ₹60,000 (FY 2024) | -50.0% | Dhanbad, Jharkhand, India | |||
| Revspire Technologies Private Limited | ₹60,000 (FY 2025) | Bangalore, Karnataka, India | ||||
| Intellisnap Systems Private Limited | ₹60,000 (FY 2019) | Hyderabad, Telangana, India | ||||
| Vootoop Solutions Private Limited | ₹60,000 (FY 2024) | -40.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Prasoma IT Solutions Private Limited, buy the company report.
Auditor
Prasoma IT Solutions Private Limited is audited by SIVA RAMA KRISHNA V VVANGIPURAPU for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SIVA RAMA KRISHNA V VVANGIPURAPU | FY 2017 | 026583 |
Shareholding
The shareholding of Prasoma IT Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Prasoma IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Prasoma IT Solutions 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 Prasoma IT Solutions 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 Prasoma IT Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Prasoma IT Solutions Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Yathiraja Venkata Satya Manikanta Pradeep Potturi ceased to be Director on 12 Mar 2011.
Frequently asked questions
Prasoma IT Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Prasoma IT Solutions was a private limited company based in Hyderabad, Telangana, India. The company worked in consultancy, within the information technology industry. It was incorporated on 31 May 2010 and is registered under CIN U72200TG2010PTC068646. The company has been struck off by the Registrar of Companies and is no longer operational.
Prasoma IT Solutions had 2 directors:
- Madhava Potturi - Director
- Mohana Madhav Potturi - Director
The CIN (Corporate Identification Number) of Prasoma IT Solutions is U72200TG2010PTC068646. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Prasoma IT Solutions is at 303 Shivam Fortunekumkum Heights 186P Rr Masjid Banda Kondapur, Hyderabad, Telangana, India – 500084.
Prasoma IT Solutions was incorporated on 31 May 2010. It is registered with the Registrar of Companies, Hyderabad.
The latest financial statements of Prasoma IT Solutions on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Prasoma IT Solutions operated in the information technology industry, in the consultancy segment. It worked in this industry before it was struck off.
The peers of Prasoma IT Solutions by revenue are Tenxgrowth Private Limited, Viewsign Technology Private Limited, Techpixels Private Limited, Vesdoc Streamzone Private Limited, Revspire Technologies Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Yathiraja Venkata Satya Manikanta Pradeep Potturi ceased to be Director on 12 Mar 2011. Mohana Madhav Potturi was appointed as Director on 19 Feb 2011. Madhava Potturi was appointed as Director on 31 May 2010.
The compliance status of Prasoma IT Solutions is active non-compliant as of 06 July 2026.