About Prestin IT Solutions Private Limited
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Prestin IT Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 25 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2008PTC060286.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Pvr Soft Solutions Private Limited. It is led by directors including Balakrishna Poduthuri and Akash Bapurao Bonagiri.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.56 Lakh. For the same year it recorded a net loss of ₹29,157 (net margin -18.7%) and EBITDA of ₹3,414 (EBITDA margin 2.2%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 8% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website confimind.com.
Company details
CIN history
Prestin IT Solutions has one previous CIN (Corporate Identification Number): U72200AP2008PTC060286. The current CIN is U72200TG2008PTC060286, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2008PTC060286 | Current |
| U72200AP2008PTC060286 | Previous |
Contact details
Prestin IT Solutions Private Limited's registered office is in Hyderabad, Telangana. Its website is confimind.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 73 Smr House 4th Floor, Panjagutta Nagarjuna Hills, Hyderabad, Telangana, India – 500082
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Prestin 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 Prestin 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 Prestin IT Solutions Private Limited, buy the company report.
Financials of Prestin IT Solutions Private Limited
FY 2021 filings availablePrestin IT Solutions Private Limited reported revenue of ₹1.56 Lakh for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years. EBITDA rose 108% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹3,414 | ||||
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| Net Profit (PAT) | -₹29,157 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | 2.2% | ||||
| Net Profit Margin | -18.7% | ||||
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To see the full financial statements and ratios of Prestin IT Solutions Private Limited, buy the company report.
Board of directors of Prestin IT Solutions Private Limited
Prestin IT 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 |
|---|---|---|---|---|
| Balakrishna Poduthuri | Director | 01 Jun 2025 | 1 Years 4 Months | Current |
| Akash Bapurao Bonagiri | Director | 28 Mar 2022 | 4 Years 6 Months | Current |
| Nagathiresh Reddy Paidimarla | Director | 01 Jun 2025 | 1 Years 4 Months | Current |
Auditor
Prestin IT Solutions Private Limited is audited by THIRUPATHI & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THIRUPATHI & ASSOCIATES | FY 2016 | 013000S |
Shareholding
The shareholding of Prestin IT Solutions Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Prestin IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Prestin 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 Prestin IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Prestin IT Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Prestin IT Solutions Private Limited has 11 board changes on record since 2018: 3 appointments and 8 cessations. The latest: Akash Bapurao Bonagiri ceased to be Director on 09 Jun 2025.
2 earlier events are in the company report.
Frequently asked questions
Prestin IT Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 25 July 2008 (18+ years old) and is registered under CIN U72200TG2008PTC060286.
Prestin IT Solutions has 3 current directors:
- Balakrishna Poduthuri - Director
- Akash Bapurao Bonagiri - Director
- Nagathiresh Reddy Paidimarla - Director
The latest financial statements of Prestin IT Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Prestin IT Solutions is U72200TG2008PTC060286. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prestin IT Solutions was incorporated on 25 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Hyderabad.
Akash Bapurao Bonagiri ceased to be Director on 09 Jun 2025. Parameshwari Badhavath ceased to be Director on 09 Jun 2025. Balakrishna Poduthuri was appointed as Director on 01 Jun 2025. Prestin IT Solutions has 11 board changes on record in total.
Prestin IT Solutions can be reached through the website confimind.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Prestin IT Solutions is at Plot No. 73 Smr House 4th Floor, Panjagutta Nagarjuna Hills, Hyderabad, Telangana, India – 500082.
Prestin IT Solutions operates in the information technology industry, in the application development and software solutions segment.
The compliance status of Prestin IT Solutions is compliant as of 09 July 2026. The company is actively filing with the Registrar of Companies.