Proascend Consulting Private Limited

Proascend Consulting Private Limited - information technology in Ghaziabad, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U72900UP2018PTC103293 Incorporated 17 April 2018 ROC Kanpur HQ Ghaziabad, Uttar Pradesh, India
Active Private Limited Company information technology DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2024
₹1.94 Cr
▼ 27% YoY
Net profit · FY 2024
₹10.39 Lakh
Net margin 5.4%
EBITDA · FY 2024
₹15.25 Lakh
EBITDA margin 7.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Proascend Consulting Private Limited

Data last updated:

Proascend Consulting Private Limited is a private limited company based in Ghaziabad, Uttar Pradesh, 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 17 April 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U72900UP2018PTC103293. Its GSTIN is 09AAJCP8207A1ZJ (Uttar Pradesh).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mukesh Verma and Mansi Bahl Verma.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 1214A Gaur Green Nyay Khand – 1 Indirapuram, Ghaziabad, Uttar Pradesh, India – 201010.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.94 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹10.39 Lakh (net margin 5.4%) and EBITDA of ₹15.25 Lakh (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 46% over five years.

The company is associated with 1 brand: ProAscend. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2023. Its 10 peer companies in the same principal business activity (other information & communication service activities) are compared by revenue, 5 larger and 5 smaller; the largest is Digital Advisetree Solution Private Limited with revenue of ₹1.94 Cr.

Proascend Consulting Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0047414). For more details, the company can be reached via its website proascend.in.

Company details

CIN U72900UP2018PTC103293
Registration Number 103293
Incorporation Date 17 April 2018
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-UP-28-0047414

Recognitions & Rankings of Proascend Consulting

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-UP-28-0047414

Contact details

Proascend Consulting Private Limited's registered office is in Ghaziabad, Uttar Pradesh. Its website is proascend.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    A – 1214A Gaur Green Nyay Khand – 1 Indirapuram, Ghaziabad, Uttar Pradesh, India – 201010
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Proascend Consulting Private Limited, buy the company report.

Comprehensive company report
Proascend Consulting 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
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Brands

Proascend Consulting operates one associated brand: ProAscend. Each brand links to its own profile.

BrandDescriptionWebsite
ERP consulting and support services for Microsoft Dynamics 365 in India.proascend.in

Business activity

The main business activity of Proascend Consulting is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Proascend Consulting Private Limited, buy the company report.

Financials of Proascend Consulting Private Limited

FY 2025 filings available

Proascend Consulting Private Limited reported revenue of ₹1.94 Cr (down 27% YoY) for FY 2024.

Revenue · FY 2024
₹1.94 Cr ▼ 27%
Net profit · FY 2024
₹10.39 Lakh margin 5.4%
EBITDA · FY 2024
₹15.25 Lakh margin 7.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▲ 28%
5 years · compounded
▲ 46%
EBITDA CAGR growth
1 year
▼ 56%
3 years · compounded
▲ 16%
5 years · compounded
▲ 16%

Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 46%. EBITDA fell 56% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹15.25 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10.39 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin7.9%
Net Profit Margin5.4%
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

To see the full financial statements and ratios of Proascend Consulting Private Limited, buy the company report.

Board of directors of Proascend Consulting Private Limited

Proascend Consulting has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mukesh VermaDirector17 Apr 20188 Years 6 MonthsCurrent
Mansi Bahl VermaDirector06 Mar 20233 Years 7 MonthsCurrent

Peer comparison

Proascend Consulting Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Digital Advisetree Solution Private Limited₹1.94 Cr (FY 2024)-40.0%Bangalore, Karnataka, India
Igloble Software Solutions Private Limited₹1.94 Cr (FY 2024)-12.0%New Delhi, Delhi, India
S.S.Family Dentistry Private Limited₹1.94 Cr (FY 2023)-11.0%Chennai, Tamil Nadu, India
Extendime Software Solutions Private Limited₹1.94 Cr (FY 2025)24.0%Hyderabad, Telangana, India
Fivesky India Private Limited₹1.94 Cr (FY 2024)-46.0%New Delhi, Delhi, India
Proascend Consulting Private Limitedthis company₹1.94 Cr (FY 2024)₹10.39 Lakh5.4%-27.0%Ghaziabad, Uttar Pradesh, India
Paymentwall India Private Limited₹1.94 Cr (FY 2025)11.0%Bangalore, Karnataka, India
Comorin Consulting Services India Private Limited₹1.94 Cr (FY 2024)-31.0%Bangalore, Karnataka, India
3Ionetra Faith and Technology Services Private Limited₹1.93 Cr (FY 2025)253.0%Mumbai, Maharashtra, India
VD Pay Solutions Private Limited₹1.93 Cr (FY 2023)246.0%New Delhi, Delhi, India
Next Big Technology Private Limited₹1.93 Cr (FY 2025)12.0%Jaipur, Rajasthan, India

To see the full peer comparison of Proascend Consulting Private Limited, buy the company report.

Auditor

Proascend Consulting Private Limited is audited by PRADEEP VERMA & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
PRADEEP VERMA & ASSOCIATESFY 2023523250

Shareholding

The shareholding of Proascend Consulting 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Proascend Consulting Private Limited, buy the company report.

Deals & funding

Proascend Consulting Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2023.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
Mar 2023Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Proascend Consulting Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Proascend Consulting has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
09AAJCP8207A1ZJUttar PradeshActive27 Jun 2018

To see the full GST registrations and return filing status of Proascend Consulting Private Limited, buy the company report.

Recent activity

Proascend Consulting Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Mansi Bahl Verma was appointed as Director on 06 Mar 2023.

AGM
Proascend Consulting Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Proascend Consulting Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kanpur.
Appointed
Mansi Bahl Verma was appointed as Director.
Ceased
Neelam Verma ceased to be Director.
Appointed
Mukesh Verma was appointed as Director.
Incorporation
17 Apr 2018
Proascend Consulting Private Limited was registered on 17 Apr 2018 with Roc Kanpur & aged 8 years 6 months as per MCA records.

Frequently asked questions

Proascend Consulting is an active private limited company based in Ghaziabad, Uttar Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 April 2018 (8+ years old) and is registered under CIN U72900UP2018PTC103293.

Proascend Consulting has 2 current directors:

The latest financial statements of Proascend Consulting on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Proascend Consulting is 09AAJCP8207A1ZJ, registered in Uttar Pradesh.

The CIN (Corporate Identification Number) of Proascend Consulting is U72900UP2018PTC103293. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Proascend Consulting was incorporated on 17 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Kanpur.

Proascend Consulting has 1 deal on record (1 secondary share transfer); the latest was in March 2023.

The peers of Proascend Consulting by revenue are Digital Advisetree Solution Private Limited, Igloble Software Solutions Private Limited, S.S.Family Dentistry Private Limited, Extendime Software Solutions Private Limited, Fivesky India Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).

Mansi Bahl Verma was appointed as Director on 06 Mar 2023. Neelam Verma ceased to be Director on 06 Mar 2023. Mukesh Verma was appointed as Director on 17 Apr 2018.

Yes, Proascend Consulting is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Proascend Consulting is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-28-0047414).