About Prayaam Software Services Private Limited
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Prayaam Software Services Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 18 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U72900MH2021PTC360613. Its GSTIN is 27AAMCP0061H1ZG (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pankaj Namdeo Dhole (Managing Director) and Hariranjan Dodakuji Sakhare.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Nagpur, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.04 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹2.54 Lakh (net margin 2.4%) and EBITDA of ₹11.01 Lakh (EBITDA margin 10.6%).
For more details, the company can be reached via its website prayaam.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressFlat No 506 Wing B, Nirmiti Heights Annapurna, Nagpur, Maharashtra, India – 440036
- IndustryInformation Technology, Other Computer Related Activities
- 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
Business Activity of Prayaam Software Services Private Limited
The main business activity of Prayaam Software Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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.
Financials of Prayaam Software Services Private Limited FY 2024 filings available
Prayaam Software Services Private Limited reported revenue of ₹1.04 Cr (up 26% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Prayaam Software Services Private Limited
Revenue rose 26% in the latest year. EBITDA rose 178% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Prayaam Software Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹11.01 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.54 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 Prayaam Software Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 10.6% | •••• | •••• |
| Net Profit Margin | 2.4% | •••• | •••• |
| 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 Prayaam Software Services are in the company report.
Financial statements from FY 2022
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.
Peer Comparison of Prayaam Software Services Private Limited
Prayaam Software Services Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Algodom Media LLP | ₹1.04 Cr (FY 2021) | •••• | •••• | 119.0% | •••• | Ujjain, Madhya Pradesh, India |
| Responscity Systems Private Limited | ₹1.04 Cr (FY 2025) | •••• | •••• | 133.0% | •••• | Surat, Gujarat, India |
| Embright Infotech Private Limited | ₹1.04 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Thiruvananthapuram, Kerala, India |
| Electronet Softtech Private Limited | ₹1.04 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Bathinda, Punjab, India |
| Sharp I-Tech Solutions Private Limited | ₹1.04 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
| Prayaam Software Services Private Limited this company | ₹1.04 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Nagpur, Maharashtra, India |
| Signature4ads Private Limited | ₹1.04 Cr (FY 2022) | •••• | •••• | 103.0% | •••• | Hyderabad, Telangana, India |
| Xonix Software Services Private Limited | ₹1.03 Cr (FY 2024) | •••• | •••• | •••• | Belgaum, Karnataka, India | |
| Wisdom Technologies Pvt Ltd | ₹1.03 Cr (FY 2024) | •••• | •••• | -21.0% | •••• | Hyderabad, Telangana, India |
| Fintra Software Private Limited | ₹1.03 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Hyderabad, Telangana, India |
| Edifying Voyages Private Limited | ₹1.03 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Chandigarh, India |
Peers are the five companies nearest above and the five nearest below Prayaam Software Services by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Prayaam Software Services Private Limited
Prayaam Software Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Namdeo Dhole | Managing Director | 18 May 2021 | 5 Years 4 Months | Current |
| Hariranjan Dodakuji Sakhare Also directs: Prayaam Consulting Private Limited | Director | 18 May 2021 | 5 Years 4 Months | Current |
Ownership and Shareholding of Prayaam Software Services 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 Prayaam Software Services Private Limited
Prayaam Software Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Prayaam Software Services Private Limited
Prayaam Software Services Private Limited has a workforce of 0 employees as of Apr 08, 2024.
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.
Recent Activity on Prayaam Software Services Private Limited
Prayaam Software Services Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Hariranjan Dodakuji Sakhare was appointed as Director on 18 May 2021.
Credit Ratings, Litigation & Regulatory Alerts for Prayaam Software Services 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 Prayaam Software Services 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 Prayaam Software Services 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.
GST Compliance of Prayaam Software Services Private Limited
Prayaam Software Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCP0061H1ZG | Maharashtra | Active | 30 Sep 2021 |
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.
MCA Filings & Documents of Prayaam Software Services 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.
Frequently Asked Questions about Prayaam Software Services Private Limited
Prayaam Software Services is an active private limited company based in Nagpur, Maharashtra, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 18 May 2021 (5+ years old) and is registered under CIN U72900MH2021PTC360613.
Prayaam Software Services reported revenue of ₹1.04 Cr for FY 2024 (up 26% YoY).
Prayaam Software Services has 2 current directors:
- Pankaj Namdeo Dhole - Managing Director
- Hariranjan Dodakuji Sakhare - Director
Prayaam Software Services reported a net profit of ₹2.54 Lakh (net margin 2.4%) and EBITDA of ₹11.01 Lakh (EBITDA margin 10.6%) for FY 2024, as per its filed financial statements.
The GSTIN of Prayaam Software Services is 27AAMCP0061H1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Prayaam Software Services is U72900MH2021PTC360613. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prayaam Software Services was incorporated on 18 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Prayaam Software Services by revenue are Algodom Media LLP, Responscity Systems Private Limited, Embright Infotech Private Limited, Electronet Softtech Private Limited, Sharp I-Tech Solutions Private Limited and 5 more, all in the Information Technology industry (Software Services).
Hariranjan Dodakuji Sakhare was appointed as Director on 18 May 2021. Pankaj Namdeo Dhole was appointed as Managing Director on 18 May 2021.
Prayaam Software Services can be reached through the website prayaam.com. Its registered office is in Nagpur, Maharashtra, India.
The registered office of Prayaam Software Services is at Flat No 506 Wing B, Nirmiti Heights Annapurna, Nagpur, Maharashtra, India – 440036.