
About Pravasis IT Solutions Private Limited
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Pravasis IT Solutions Private Limited is a private limited company based in Malappuram, Kerala, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 04 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72900KL2019PTC057507. Its GSTIN is 32AAKCP4788M1ZQ (Kerala).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Saidalikutty Pannikkazhayil (Managing Director) and Pratheesh Mullakkara.
Its last annual general meeting (AGM) was held on 02 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Room No.18/1929 Nechikkadan Building Up – Hill Malappuram P.O., Kerala, India – 676505.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.13 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net loss of ₹42.09 Lakh (net margin -37.4%) and EBITDA of -₹20.01 Lakh (EBITDA margin -17.8%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 59% over five years.
For more details, the company can be reached via its website rioeasycollect.com.
Company details
Recognitions & Rankings of Pravasis IT Solutions
Contact details
Pravasis IT Solutions Private Limited's registered office is in Malappuram, Kerala. Its website is rioeasycollect.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressRoom No.18/1929 Nechikkadan Building Up – Hill Malappuram P.O., Kerala, India – 676505
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Pravasis 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 Pravasis 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 Pravasis IT Solutions Private Limited, buy the company report.
Financials of Pravasis IT Solutions Private Limited
FY 2025 filings availablePravasis IT Solutions Private Limited reported revenue of ₹1.13 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 59% over five years, including 10% growth in the latest year. EBITDA fell 33% 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 | FY 2020-21 |
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| EBITDA | -₹20.01 Lakh | ||||
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| Net Profit (PAT) | -₹42.09 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -17.8% | ||||
| Net Profit Margin | -37.4% | ||||
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To see the full financial statements and ratios of Pravasis IT Solutions Private Limited, buy the company report.
Board of directors of Pravasis IT Solutions Private Limited
Pravasis IT Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saidalikutty Pannikkazhayil Also directs: PSK Diaspora Initiatives Private Limited | Managing Director | 04 Apr 2019 | 7 Years 6 Months | Current |
| Pratheesh Mullakkara Also directs: PSK Diaspora Initiatives Private Limited | Director | 04 Apr 2019 | 7 Years 6 Months | Current |
Peer comparison
Pravasis IT Solutions Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Planetv Technologies Private Limited | ₹1.13 Cr (FY 2024) | 27.0% | Thondayad Bypass, Kerala, India | |||
| Kefi Tech Solutions Private Limited | ₹1.13 Cr (FY 2024) | -19.0% | Kazhakuttom, Kerala, India | |||
| Close App Private Limited | ₹1.13 Cr (FY 2025) | 187.0% | Gurgaon, Haryana, India | |||
| Ennea Solutions Private Limited | ₹1.13 Cr (FY 2025) | 159.0% | Hyderabad, Telangana, India | |||
| Pravasis IT Solutions Private Limitedthis company | ₹1.13 Cr (FY 2025) | -₹42.09 Lakh | -37.4% | 10.0% | Malappuram, Kerala, India | |
| Kasper Consulting Private Limited | ₹1.13 Cr (FY 2024) | -68.0% | New Delhi, Delhi, India | |||
| Silversky Digital Private Limited | ₹1.13 Cr (FY 2025) | -9.0% | New Delhi, Delhi, India | |||
| Luezoid Technologies Private Limited | ₹1.12 Cr (FY 2023) | 2.0% | Delhi, India | |||
| Studiosoft Solutions Private Limited | ₹1.12 Cr (FY 2025) | -16.0% | Coimbatore, Tamil Nadu, India | |||
| Ebyte Infotech Private Limited | ₹1.12 Cr (FY 2024) | 14.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Pravasis IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Pravasis 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 Pravasis IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pravasis IT Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAKCP4788M1ZQ | Kerala | Active | 22 Jan 2020 |
To see the full GST registrations and return filing status of Pravasis IT Solutions Private Limited, buy the company report.
Recent activity
Pravasis IT Solutions Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Pratheesh Mullakkara was appointed as Director on 04 Apr 2019.
Frequently asked questions
Pravasis IT Solutions is an active private limited company based in Malappuram, Kerala, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 04 April 2019 (7+ years old) and is registered under CIN U72900KL2019PTC057507.
Pravasis IT Solutions has 2 current directors:
- Saidalikutty Pannikkazhayil - Managing Director
- Pratheesh Mullakkara - Director
The latest financial statements of Pravasis IT Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 02 December 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Pravasis IT Solutions is 32AAKCP4788M1ZQ, registered in Kerala.
The CIN (Corporate Identification Number) of Pravasis IT Solutions is U72900KL2019PTC057507. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pravasis IT Solutions was incorporated on 04 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Pravasis IT Solutions by revenue are Planetv Technologies Private Limited, Kefi Tech Solutions Private Limited, Close App Private Limited, Ennea Solutions Private Limited, Kasper Consulting Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Pratheesh Mullakkara was appointed as Director on 04 Apr 2019. Saidalikutty Pannikkazhayil was appointed as Managing Director on 04 Apr 2019.
Yes, Pravasis IT Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Pravasis IT Solutions can be reached through the website rioeasycollect.com. Its registered office is in Malappuram, Kerala, India.
The registered office of Pravasis IT Solutions is at Room No.181929 Nechikkadan Building Up – Hill Malappuram P.O., Kerala, India – 676505.