About Praudha Tech Solutions Private Limited
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Praudha Tech Solutions Private Limited is a private limited company based in Bangalore South, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 20 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U62099KA2011PTC060510. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹45 Lakh. It is led by directors including Sesha Shyana Reddy Desanoor and Desanoor Hemalatha.
Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Prestige Featherlite Tech Park, Bangalore South, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.61 Cr. For the same year it recorded a net profit of ₹13.63 Lakh (net margin 8.5%) and EBITDA of ₹19.71 Lakh (EBITDA margin 12.2%). Revenue has grown at a compounded annual rate (CAGR) of 632% over three years and 132% over five years.
As per MCA filings, the company has satisfied charges of ₹50 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website praudhatech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address16 B #148/ Prestige Featherlite Tech Park, Epip Zone Whitefield, Bangalore South, Karnataka, India – 560066
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
CIN History of Praudha Tech Solutions Private Limited
Praudha Tech Solutions has one previous CIN (Corporate Identification Number): U52100KA2011PTC060510. The current CIN is U62099KA2011PTC060510, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U62099KA2011PTC060510 | Current |
| U52100KA2011PTC060510 | Previous |
Business Activity of Praudha Tech Solutions Private Limited
The main business activity of Praudha Tech Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Praudha Tech Solutions Private Limited
Praudha Tech Solutions Private Limited is audited by ASHOK SRIHARI & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ASHOK SRIHARI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Praudha Tech Solutions Private Limited
Praudha Tech Solutions has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sesha Shyana Reddy Desanoor Also directs: Sirimore Feeds Private Limited | Director | 01 Dec 2025 | 0 Years 10 Months | Current |
| Desanoor Hemalatha | Director | 30 Jan 2024 | 2 Years 8 Months | Current |
| Pompa Reddy Chaganur | Director | 24 Oct 2024 | 1 Years 11 Months | Current |
Financials of Praudha Tech Solutions Private Limited FY 2024 filings available
Praudha Tech Solutions Private Limited reported revenue of ₹1.61 Cr for FY 2023.
Compounded Annual Growth Rate (CAGR) of Praudha Tech Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 132% over five years. 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 Praudha Tech Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹1.61 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹19.71 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.63 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 | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Praudha Tech Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.5% | •••• | •••• | •••• | •••• |
| 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 Praudha Tech Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Praudha Tech Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Praudha Tech Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Dec 2012 | Bank of Maharashtra | ₹50 Lakh | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Praudha Tech Solutions Private Limited
Employment history and EPFO contributions of people linked to Praudha Tech Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Praudha Tech Solutions Private Limited
Praudha Tech Solutions 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.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Praudha Tech Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Praudha Tech Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Praudha Tech Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Praudha Tech Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Praudha Tech Solutions Private Limited
Frequently Asked Questions about Praudha Tech Solutions Private Limited
Praudha Tech Solutions is an active private limited company based in Bangalore South, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 20 September 2011 (15+ years old) and is registered under CIN U62099KA2011PTC060510.
Praudha Tech Solutions reported revenue of ₹1.61 Cr for FY 2023.
Praudha Tech Solutions has 3 current directors:
- Sesha Shyana Reddy Desanoor - Director
- Desanoor Hemalatha - Director
- Pompa Reddy Chaganur - Director
Praudha Tech Solutions reported a net profit of ₹13.63 Lakh (net margin 8.5%) and EBITDA of ₹19.71 Lakh (EBITDA margin 12.2%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Praudha Tech Solutions is 632% over three years and 132% over five years. CAGR is the steady yearly rate that links the first and the last year.
No. Praudha Tech Solutions has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Praudha Tech Solutions is U62099KA2011PTC060510. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Praudha Tech Solutions was incorporated on 20 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Praudha Tech Solutions can be reached through the website praudhatech.com. Its registered office is in Bangalore South, Karnataka, India.