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Prawega Tech Solutions Private Limited
Prawega Tech Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.41 Cr
▲ 451.24% YoY
Net loss · FY 2024
₹7.79 Lakh
Net margin -2.3%
EBITDA · FY 2024
-₹8.72 Lakh
EBITDA margin -2.6%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1.97 Lakh
Issued & subscribed
Open charges
₹27 Lakh
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
About Prawega Tech Solutions Private Limited
Data last updated:
Prawega Tech Solutions Private Limited is a private limited company based in Bangalore, Karnataka, 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 28 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2021PTC153711. Its GSTIN is 29AAMCP4233B1ZI (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.97 Lakh. It is led by directors Vasishta Haavanur and Nanditha Ranganatha Rao.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1764 Aditi Classic 3rd Floor 34th Cross Banashankari 2nd Stage, Bangalore, Karnataka, India – 560070.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.41 Cr. For the same year it recorded a net loss of ₹7.79 Lakh (net margin -2.3%) and EBITDA of -₹8.72 Lakh (EBITDA margin -2.6%).
As per MCA filings, the company has open charges of ₹27 Lakh on record.
Company details
CIN U72200KA2021PTC153711
Registration Number 153711
Incorporation Date 28 October 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Prawega Tech Solutions
Contact details
Prawega Tech Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address1764 Aditi Classic 3rd Floor 34th Cross Banashankari 2nd Stage, Bangalore, Karnataka, India – 560070
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Prawega Tech Solutions Private Limited, buy the company report.
Comprehensive company report
Prawega Tech Solutions 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
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Business activity
The main business activity of Prawega Tech Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Prawega Tech Solutions Private Limited, buy the company report.
Financials of Prawega Tech Solutions Private Limited
FY 2025 filings availablePrawega Tech Solutions Private Limited reported revenue of ₹3.41 Cr for FY 2024.
Revenue · FY 2024
₹3.41 Cr
Net loss · FY 2024
₹7.79 Lakh margin -2.3%
EBITDA · FY 2024
-₹8.72 Lakh margin -2.6%
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
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| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
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| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹8.72 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹7.79 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
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| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -2.6% | ||
| Net Profit Margin | -2.3% | ||
| 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 | |||
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| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Prawega Tech Solutions Private Limited, buy the company report.
Board of directors of Prawega Tech Solutions Private Limited
Prawega Tech Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasishta Haavanur | Director | 28 Oct 2021 | 4 Years 11 Months | Current |
| Nanditha Ranganatha Rao | Director | 29 Aug 2024 | 2 Years 1 Months | Current |
Peer comparison
Prawega Tech Solutions Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Variety Agents Private Limited | ₹3.41 Cr (FY 2025) | 494.0% | Mumbai, Maharashtra, India | |||
| Bmpone Digital Private Limited | ₹3.41 Cr (FY 2025) | -25.0% | Hyderabad, Telangana, India | |||
| Codevision Technologies Private Limited | ₹3.41 Cr (FY 2025) | 6.0% | Ahmedabad, Gujarat, India | |||
| Prawega Tech Solutions Private Limitedthis company | ₹3.41 Cr (FY 2024) | -₹7.79 Lakh | -2.3% | Bangalore, Karnataka, India | ||
| Akbk Water Projects and Engineering Private Limited | ₹3.41 Cr (FY 2025) | -21.0% | Pune, Maharashtra, India | |||
| Talendroid Technologies Private Limited | ₹3.41 Cr (FY 2025) | -10.0% | Bangalore, Karnataka, India | |||
| Coregenic Softwares Private Limited | ₹3.4 Cr (FY 2025) | -5.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Prawega Tech Solutions Private Limited, buy the company report.
Auditor
Prawega Tech Solutions Private Limited is audited by MDA&Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MDA&Co | FY 2023 | 012023S |
Shareholding
The shareholding of Prawega Tech Solutions Private Limited is on record for FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Prawega Tech Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹27 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Aug 2024 | 100962653 | Axis Bank Limited | ₹27 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Prawega Tech 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 Prawega Tech Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prawega Tech Solutions Private Limited has 1 active EPFO establishment as of Apr 01, 2024.
Active EPFO establishments
1
GST
Prawega Tech Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCP4233B1ZI | Karnataka | Active | 02 Dec 2021 |
To see the full GST registrations and return filing status of Prawega Tech Solutions Private Limited, buy the company report.
Recent activity
Prawega Tech Solutions Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Ganesh Babu Vasantha Rajan ceased to be Director on 25 Oct 2024.
AGM
Prawega Tech Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Prawega Tech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Ganesh Babu Vasantha Rajan ceased to be Director.
Ceased
Nanditha Ranganatha Rao ceased to be Additional Director.
Appointed
Nanditha Ranganatha Rao was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 27.00 Lakh with Charge ID 100962653 was registered on 07 Aug 2024.
Appointed
Vasishta Haavanur was appointed as Director.
Incorporation
28 Oct 2021
Prawega Tech Solutions Private Limited was registered on 28 Oct 2021 with Roc Bangalore & aged 4 years 11 months as per MCA records.
Frequently asked questions
Prawega Tech Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 28 October 2021 (5+ years old) and is registered under CIN U72200KA2021PTC153711.
Prawega Tech Solutions has 2 current directors:
- Vasishta Haavanur - Director
- Nanditha Ranganatha Rao - Director
The latest financial statements of Prawega Tech Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Prawega Tech Solutions is 29AAMCP4233B1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Prawega Tech Solutions is U72200KA2021PTC153711. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prawega Tech Solutions was incorporated on 28 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Prawega Tech Solutions by revenue are Variety Agents Private Limited, Bmpone Digital Private Limited, Codevision Technologies Private Limited, Akbk Water Projects and Engineering Private Limited, Talendroid Technologies Private Limited and 1 more, all in the same principal business activity (other professional, scientific and technical activities).
Ganesh Babu Vasantha Rajan ceased to be Director on 25 Oct 2024. Nanditha Ranganatha Rao ceased to be Additional Director on 29 Sep 2024. Nanditha Ranganatha Rao was appointed as Director on 29 Aug 2024. Prawega Tech Solutions has 4 board changes on record in total.
Yes, Prawega Tech Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Prawega Tech Solutions is at 1764 Aditi Classic 3rd Floor 34th Cross Banashankari 2nd Stage, Bangalore, Karnataka, India – 560070.
Prawega Tech Solutions operates in the information technology industry, in the IT consulting and support services segment.