About Prixgen Tech Solutions Private Limited
Data last updated:
Prixgen Tech Solutions Private Limited is a private limited company based in Mysore, 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 27 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2017PTC108228. Its GSTIN is 29AAJCP5501H1ZC (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Umesh Periyapatna Mahadeva and Akshitha Holenarasipura Mahendra.
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 # 244 Nivedithanagar 1st Stage Opposite To Subba Rao Park, Mysore, Karnataka, India – 570022.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.03 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹18.5 Lakh (net margin 4.6%) and EBITDA of ₹58.14 Lakh (EBITDA margin 14.4%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 64% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Prixgen. As per MCA filings, the company has open charges of ₹72.31 Lakh and satisfied charges of ₹28.76 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prixgen.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address# 244 Nivedithanagar 1st Stage Opposite To Subba Rao Park, Mysore, Karnataka, India – 570022
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Prixgen Tech Solutions Private Limited
The main business activity of Prixgen Tech Solutions 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 Prixgen Tech Solutions Private Limited FY 2024 filings available
Prixgen Tech Solutions Private Limited reported revenue of ₹4.03 Cr (up 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Prixgen Tech Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 64% over five years, including 21% growth in the latest year. EBITDA rose 73% 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 of Prixgen Tech Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹58.14 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹18.5 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 Prixgen Tech Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Prixgen Tech Solutions are in the company report.
Financial statements from FY 2018
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 Prixgen Tech Solutions Private Limited
Prixgen Tech Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and 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 |
|---|---|---|---|---|---|---|
| Ethicalhat Cyber Security Private Limited | ₹4.04 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Gurgaon, Haryana, India |
| Kapil IT Solutions Private Limited | ₹4.04 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Nanakramguda, Telangana, India |
| Kedia Technologies Limited | ₹4.04 Cr (FY 2024) | •••• | •••• | 76.0% | •••• | Secunderabad, Telangana, India |
| Elevenhub Ventures Private Limited | ₹4.04 Cr (FY 2020) | •••• | •••• | 647.0% | •••• | Gurgaon, Haryana, India |
| Neobytes Software Solutions Private Limited | ₹4.03 Cr (FY 2025) | •••• | •••• | 1300.0% | •••• | Bangalore, Karnataka, India |
| Prixgen Tech Solutions Private Limited this company | ₹4.03 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Mysore, Karnataka, India |
| Rasik Software Private Limited | ₹4.03 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| Vivekanand Infotech & Training Private Limited | ₹4.03 Cr (FY 2024) | •••• | •••• | -36.0% | •••• | New Delhi, Delhi, India |
| Zykrr Technologies Private Limited | ₹4.02 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Gurugram, Haryana, India |
| Onespire Technologies Private Limited | ₹4.02 Cr (FY 2025) | •••• | •••• | 161.0% | •••• | Mysore, Karnataka, India |
| Cimplyfive Corporate Secretarial Services Private Limited | ₹4.02 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Prixgen Tech Solutions by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Prixgen Tech Solutions Private Limited
Prixgen Tech Solutions Private Limited is audited by Mahaveer Singhvi and Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Mahaveer Singhvi and Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Prixgen Tech Solutions Private Limited
Prixgen Tech Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umesh Periyapatna Mahadeva | Director | 27 Nov 2017 | 8 Years 10 Months | Current |
| Akshitha Holenarasipura Mahendra | Director | 27 Nov 2017 | 8 Years 10 Months | Current |
Ownership and Shareholding of Prixgen Tech Solutions 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 Prixgen Tech Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jan 2024 | Hdfc Bank Limited | ₹14.1 Lakh | Open |
| 29 Jan 2024 | Hdfc Bank Limited | ₹14.1 Lakh | Open |
| 29 Jan 2024 | Hdfc Bank Limited | ₹14.1 Lakh | Open |
| 27 Apr 2023 | Axis Bank Limited | ₹30 Lakh | Open |
| 06 Jan 2021 | Hdfc Bank Limited | ₹14.38 Lakh | Satisfied |
Total charge records: 6 View all charges
MSME Payment Delays by Prixgen Tech Solutions Private Limited
Prixgen Tech Solutions Private Limited has 7 MSME Form 1 returns on record between 2018 and 2022, listing 33 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Digisapi Technologies India Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Shreyash Retail Private Limited | •••• | •••• | •••• |
| Navviti Consulting and Technologies Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 7 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Prixgen Tech Solutions Private Limited
Prixgen Tech Solutions operates one associated brand: Prixgen. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT consulting, enterprise solutions, and analytics services in India. | prixgen.com |
Employees and EPFO Compliance at Prixgen Tech Solutions Private Limited
Prixgen Tech Solutions Private Limited has a workforce of 8 employees as of Apr 05, 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 Prixgen Tech Solutions Private Limited
Prixgen Tech Solutions Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Akshitha Holenarasipura Mahendra was appointed as Director on 27 Nov 2017.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Prixgen Tech Solutions 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.
Subsidiaries & Group Companies of Prixgen Tech Solutions 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 Prixgen Tech Solutions Private Limited
Prixgen Tech Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCP5501H1ZC | Karnataka | Active | 08 Feb 2018 |
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 Prixgen Tech Solutions 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 Prixgen Tech Solutions Private Limited
Prixgen Tech Solutions is an active private limited company based in Mysore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 27 November 2017 (9+ years old) and is registered under CIN U72200KA2017PTC108228.
Prixgen Tech Solutions reported revenue of ₹4.03 Cr for FY 2024 (up 21% YoY).
Prixgen Tech Solutions has 2 current directors:
- Umesh Periyapatna Mahadeva - Director
- Akshitha Holenarasipura Mahendra - Director
Prixgen Tech Solutions reported a net profit of ₹18.5 Lakh (net margin 4.6%) and EBITDA of ₹58.14 Lakh (EBITDA margin 14.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Prixgen Tech Solutions is 30% over three years and 64% over five years. In the latest year (FY 2024) revenue rose 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Prixgen Tech Solutions is 29AAJCP5501H1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Prixgen Tech Solutions is U72200KA2017PTC108228. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prixgen Tech Solutions was incorporated on 27 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Prixgen Tech Solutions by revenue are Ethicalhat Cyber Security Private Limited, Kapil IT Solutions Private Limited, Kedia Technologies Limited, Elevenhub Ventures Private Limited, Neobytes Software Solutions Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Akshitha Holenarasipura Mahendra was appointed as Director on 27 Nov 2017. Umesh Periyapatna Mahadeva was appointed as Director on 27 Nov 2017.
Yes, Prixgen Tech Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Prixgen Tech Solutions has 7 MSME Form 1 returns on record between 2018 and 2022, listing 33 overdue payments to 5 micro and small suppliers. The latest return was filed on 27 Oct 2022.