About Prestinex Engineering Private Limited
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Prestinex Engineering Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 14 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC097143. Its GSTIN is 29AAICP8422G1Z5 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹20,000. It is led by directors Munisamy Rajaram and Kubel Ramesh Balachandra.
Its last annual general meeting (AGM) was held on 28 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No 147/10 9th Cross 2nd Floor Sarakki Main Road Jp Nagar 1st Phase, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.79 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net loss of ₹74.34 Lakh (net margin -19.6%) and EBITDA of -₹71.75 Lakh (EBITDA margin -18.9%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 1% over five years.
The company has about 2 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 prestinex.com.
Company details
Contact details
Prestinex Engineering Private Limited's registered office is in Bangalore, Karnataka. Its website is prestinex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 147/10 9th Cross 2nd Floor Sarakki Main Road Jp Nagar 1st Phase, Bangalore, Karnataka, India – 560078
- IndustryEngineering, Engineering Design & Consultancy
To see the full contact details of Prestinex Engineering 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 Prestinex Engineering is professional, scientific and technical. In detail, this covers scientific research and development.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development |
To see the full business activity and turnover split of Prestinex Engineering Private Limited, buy the company report.
Financials of Prestinex Engineering Private Limited
FY 2023 filings availablePrestinex Engineering Private Limited reported revenue of ₹3.79 Cr (down 41% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 41% fall in the latest year. EBITDA fell 173% 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 |
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| EBITDA | -₹71.75 Lakh | ||||
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| Net Profit (PAT) | -₹74.34 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | -18.9% | ||||
| Net Profit Margin | -19.6% | ||||
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To see the full financial statements and ratios of Prestinex Engineering Private Limited, buy the company report.
Board of directors of Prestinex Engineering Private Limited
Prestinex Engineering has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Munisamy Rajaram | Director | 14 Oct 2016 | 10 Years 0 Months | Current |
| Kubel Ramesh Balachandra Also directs: Accuray Designs Private Limited | Director | 01 Dec 2022 | 3 Years 11 Months | Current |
Auditor
Prestinex Engineering Private Limited is audited by SURAJ & TARUN for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURAJ & TARUN | FY 2019 | 016465S |
Shareholding
The shareholding of Prestinex Engineering Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Prestinex Engineering Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Prestinex Engineering 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 Prestinex Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prestinex Engineering Private Limited has a workforce of 2 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Prestinex Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICP8422G1Z5 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prestinex Engineering Private Limited, buy the company report.
Recent activity
Prestinex Engineering Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Kubel Ramesh Balachandra ceased to be Additional Director on 27 Sep 2023.
Frequently asked questions
Prestinex Engineering is an active private limited company based in Bangalore, Karnataka, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 14 October 2016 (10+ years old) and is registered under CIN U74999KA2016PTC097143.
Prestinex Engineering has 2 current directors:
- Munisamy Rajaram - Director
- Kubel Ramesh Balachandra - Director
The latest financial statements of Prestinex Engineering on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 28 September 2023. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Prestinex Engineering is 29AAICP8422G1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Prestinex Engineering is U74999KA2016PTC097143. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prestinex Engineering was incorporated on 14 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Kubel Ramesh Balachandra ceased to be Additional Director on 27 Sep 2023. Pawan ceased to be Director on 31 Dec 2022. Kubel Ramesh Balachandra was appointed as Director on 01 Dec 2022. Prestinex Engineering has 4 board changes on record in total.
Prestinex Engineering can be reached through the website prestinex.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Prestinex Engineering is at No 14710 9th Cross 2nd Floor Sarakki Main Road Jp Nagar 1st Phase, Bangalore, Karnataka, India – 560078.
Prestinex Engineering operates in the engineering industry, in the engineering design and consultancy segment.
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