Prasthana Technologies Private Limited
About Prasthana Technologies Private Limited
Data last updated:
Prasthana Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 26 May 2014.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2014PTC094153. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Lakshmi Satish Maddela and Swetha Koppolu.
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 is at Hyderabad, Telangana.
As per the financials filed for FY 2018, the company reported a revenue of ₹88,877, a decline of 84% compared to the previous year. For the same year it recorded a net loss of ₹1.86 Lakh (net margin -209.4%) and EBITDA of -₹1.63 Lakh (EBITDA margin -182.9%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years.
Company details
CIN history
Prasthana Technologies has one previous CIN (Corporate Identification Number): U72200AP2014PTC094153. The current CIN is U72200TG2014PTC094153, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2014PTC094153 | Current |
| U72200AP2014PTC094153 | Previous |
Contact details
Prasthana Technologies Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 48 Plot No 101 Veera Towers Jayanagar Kukat, Pally, Hyderabad, Telangana, India – 500072
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Prasthana Technologies 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 Prasthana Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Prasthana Technologies Private Limited, buy the company report.
Financials of Prasthana Technologies Private Limited
FY 2018 filings availablePrasthana Technologies Private Limited reported revenue of ₹88,877 (down 84% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 63% over three years, including a 84% fall in the latest year. EBITDA rose 27% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹88,877 | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹1.63 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.86 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -182.9% | |||
| Net Profit Margin | -209.4% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Prasthana Technologies Private Limited, buy the company report.
Board of directors of Prasthana Technologies Private Limited
Prasthana Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshmi Satish Maddela Also directs: Prasthana Software Solutions Private Limited | Director | 26 May 2014 | 12 Years 5 Months | Current |
| Swetha Koppolu | Director | 26 May 2014 | 12 Years 5 Months | Current |
Auditor
Prasthana Technologies Private Limited is audited by I P R S AND COMPANY for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| I P R S AND COMPANY | FY 2018 | 015081S |
Shareholding
The shareholding of Prasthana Technologies Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Prasthana Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Prasthana Technologies 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 Prasthana Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prasthana Technologies has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Prasthana Technologies Private Limited, buy the company report.
Recent activity
Prasthana Technologies Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Lakshmi Satish Maddela was appointed as Director on 26 May 2014.
Frequently asked questions
Prasthana Technologies is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Prasthana Technologies is a company pending strike off, currently registered as a private limited company based in Hyderabad, Telangana, India. The company works in software development and support services, within the information technology industry. It was incorporated on 26 May 2014 and is registered under CIN U72200TG2014PTC094153. The company may be struck off soon - caution is advised.
The compliance status of Prasthana Technologies is active non-compliant as of 09 July 2026.
Prasthana Technologies has 2 current directors:
- Lakshmi Satish Maddela - Director
- Swetha Koppolu - Director
The CIN (Corporate Identification Number) of Prasthana Technologies is U72200TG2014PTC094153. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prasthana Technologies was incorporated on 26 May 2014. It is registered with the Registrar of Companies, Hyderabad.
The registered office of Prasthana Technologies is at Plot No 48 Plot No 101 Veera Towers Jayanagar Kukat, Pally, Hyderabad, Telangana, India – 500072.
The latest financial statements of Prasthana Technologies 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.
No. Prasthana Technologies has 2 GST registrations on record and all of them are cancelled or inactive.
Prasthana Technologies operates in the information technology industry, in the software development and support services segment.
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