DPIIT recognised startup Government of India
Startup India
Prescinto Technologies Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹8.15 Cr
▲ 40% YoY
Net loss · FY 2023
₹25.88 Cr
Net margin -317.6%
EBITDA · FY 2023
-₹20.6 Cr
EBITDA margin -252.8%
Authorised capital
₹70 Lakh
Registered with MCA
Paid-up capital
₹41.17 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
105
Provident fund records
Directors on board
3
As per MCA filings
About Prescinto Technologies Private Limited
Data last updated:
Prescinto Technologies Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 05 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72501GJ2016PTC094565. Its GSTIN is 24AAJCP0277G1ZH (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹41.17 Lakh. It is led by directors including Jayalakshmi Chandran and Nagendra Bangalore.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹8.15 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net loss of ₹25.88 Cr (net margin -317.6%) and EBITDA of -₹20.6 Cr (EBITDA margin -252.8%). Revenue has grown at a compounded annual rate (CAGR) of 169% over three years and 91% over five years.
The company has about 105 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Prescinto and IBM Maximo Renewables. The company has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹75.81 Cr; the latest was in October 2024. Its 10 peer companies in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.) are compared by revenue, 5 larger and 5 smaller; the largest is Openlm India Private Limited with revenue of ₹8.18 Cr.
Prescinto Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0040292). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prescinto.com.
Company details
CIN U72501GJ2016PTC094565
Registration Number 094565
Incorporation Date 05 December 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0040292
Key People
Jayalakshmi Chandran Director Nagendra Bangalore Additional Director Prashasti Shankar Additional Director Recognitions & Rankings of Prescinto Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0040292
Contact details
Prescinto Technologies Private Limited's registered office is in Ahmedabad, Gujarat. Its website is prescinto.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressTitanium Main Prahaladnagar Corporate Road, Satellite, Ahmedabad, Gujarat, India – 380015
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Prescinto Technologies Private Limited, buy the company report.
Comprehensive company report
Prescinto Technologies 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Prescinto Technologies operates two associated brands: Prescinto and IBM Maximo Renewables. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Analytics software for renewable energy operations is provided by Prescinto. | prescinto.ai | |
| Renewable energy asset performance management software for solar, wind, and battery storage systems. | prescinto.com |
Business activity
The main business activity of Prescinto 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 Prescinto Technologies Private Limited, buy the company report.
Financials of Prescinto Technologies Private Limited
FY 2023 filings availablePrescinto Technologies Private Limited reported revenue of ₹8.15 Cr (up 40% YoY) for FY 2023.
Revenue · FY 2023
₹8.15 Cr ▲ 40%
Net loss · FY 2023
₹25.88 Cr margin -317.6%
EBITDA · FY 2023
-₹20.6 Cr margin -252.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 40%
3 years · compounded
▲ 169%
5 years · compounded
▲ 91%
EBITDA CAGR growth
1 year
▼ 658%
3 years · compounded
▼ 266%
5 years · compounded
▼ 76%
Revenue has grown at a compounded annual rate (CAGR) of 91% over five years, including 40% growth in the latest year. EBITDA fell 658% 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 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 | ₹8.15 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹20.6 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹25.88 Cr | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -252.8% | ||||
| Net Profit Margin | -317.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Prescinto Technologies Private Limited, buy the company report.
Board of directors of Prescinto Technologies Private Limited
Prescinto Technologies has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayalakshmi Chandran Also directs: Hashicorp (India) Private Limited | Director | 10 Oct 2024 | 2 Years 0 Months | Current |
| Nagendra Bangalore | Additional Director | 29 Jul 2025 | 1 Years 2 Months | Current |
| Prashasti Shankar | Additional Director | 29 Jul 2025 | 1 Years 2 Months | Current |
Peer comparison
Prescinto Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Openlm India Private Limited | ₹8.18 Cr (FY 2025) | 47.0% | Ahmedabad, Gujarat, India | |||
| Infoicon Technologies Private Limited | ₹8.18 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Wefivesoft Private Limited | ₹8.18 Cr (FY 2024) | -18.0% | Coimbatore, Tamil Nadu, India | |||
| Brain Above Infosol Private Limited | ₹8.16 Cr (FY 2025) | 29.0% | Indore, Madhya Pradesh, India | |||
| Igniva Infotech Private Limited | ₹8.16 Cr (FY 2018) | 60.0% | Mohali, Punjab, India | |||
| Prescinto Technologies Private Limitedthis company | ₹8.15 Cr (FY 2023) | -₹25.88 Cr | -317.6% | 40.0% | 105 | Ahmedabad, Gujarat, India |
| Acuvea Analytics Private Limited | ₹8.14 Cr (FY 2025) | -6.0% | Mumbai, Maharashtra, India | |||
| Rem42 Technologies Private Limited | ₹8.13 Cr (FY 2025) | 146.0% | Bangalore, Karnataka, India | |||
| Techno Win IT Infra Private Limited | ₹8.13 Cr (FY 2025) | 33.0% | Mumbai, Maharashtra, India | |||
| Tactive Software Systems Private Limited | ₹8.12 Cr (FY 2025) | 11.0% | Erode, Tamil Nadu, India | |||
| Aveto Consulting Private Limited | ₹8.12 Cr (FY 2025) | -27.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Prescinto Technologies Private Limited, buy the company report.
Auditor
Prescinto Technologies Private Limited is audited by KAMLESH BHOJANI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAMLESH BHOJANI & ASSOCIATES | FY 2023 | 119808 |
Shareholding
The shareholding of Prescinto Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Prescinto Technologies Private Limited, buy the company report.
Deals & funding
Prescinto Technologies Private Limited has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹75.81 Cr; the latest was in October 2024.
Total deals
8
Secondary share transfers
4
Funding rounds
3
Acquisition
1
Disclosed funding
₹75.81 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2024 | Acquisition | Undisclosed | Buyer: an individual |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Singhvi Heritage LLP Seller: an individual |
| Feb 2022 | Funding round · Pre-Series A | ₹45.34 Cr | Investors: LVX (LetsVenture), Z Nation Lab, VM Salgaocar Family Office, an individual |
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Nov 2020 | Funding round · Seed | ₹28.83 Cr | Investors: 100Unicorns (9Unicorns), VM Salgaocar Family Office, LVX (LetsVenture), an individual |
To see the full deal history of Prescinto Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Prescinto 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 Prescinto Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prescinto Technologies Private Limited has a workforce of 105 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
105
Active EPFO establishments
1
Employee growth
28.05%
GST
Prescinto Technologies has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCP0277G1ZH | Gujarat | Active | 19 Sep 2017 |
| 27AAJCP0277G1ZB | Maharashtra | Active | 22 Feb 2018 |
To see the full GST registrations and return filing status of Prescinto Technologies Private Limited, buy the company report.
Recent activity
Prescinto Technologies Private Limited has 12 board changes on record since 2017: 5 appointments and 7 cessations. The latest: Nagendra Bangalore was appointed as Additional Director on 29 Jul 2025.
Appointed
Nagendra Bangalore was appointed as Additional Director.
Appointed
Prashasti Shankar was appointed as Additional Director.
Appointed
Gautam Viswanath was appointed as Director.
Appointed
Jayalakshmi Chandran was appointed as Director.
Ceased
Jayalakshmi Chandran ceased to be Additional Director.
Appointed
Maria John was appointed as Additional Director.
Ceased
Pankaj Ghai ceased to be Additional Director.
AGM
Prescinto Technologies Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
Filing
Prescinto Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Ceased
Suresh Jangra ceased to be Director.
Ceased
Anmol Singh Jaggi ceased to be Additional Director.
Ceased
Puneet Singh Jaggi ceased to be Additional Director.
3 earlier events are in the company report.
Frequently asked questions
Prescinto Technologies is an active private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 05 December 2016 (10+ years old) and is registered under CIN U72501GJ2016PTC094565.
Prescinto Technologies has 3 current directors:
- Jayalakshmi Chandran - Director
- Nagendra Bangalore - Additional Director
- Prashasti Shankar - Additional Director
The latest financial statements of Prescinto Technologies on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Prescinto Technologies is 24AAJCP0277G1ZH, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAJCP0277G1ZB (Maharashtra).
The CIN (Corporate Identification Number) of Prescinto Technologies is U72501GJ2016PTC094565. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prescinto Technologies was incorporated on 05 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Prescinto Technologies has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹75.81 Cr; the latest was in October 2024.
The peers of Prescinto Technologies by revenue are Openlm India Private Limited, Infoicon Technologies Private Limited, Wefivesoft Private Limited, Brain Above Infosol Private Limited, Igniva Infotech Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Nagendra Bangalore was appointed as Additional Director on 29 Jul 2025. Prashasti Shankar was appointed as Additional Director on 29 Jul 2025. Gautam Viswanath was appointed as Director on 10 Oct 2024. Prescinto Technologies has 12 board changes on record in total.
Yes, Prescinto Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Prescinto Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0040292).