About Proav Solutions Private Limited
Data last updated:
Proav Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the retail trade segment of the trading and commerce sector. It was incorporated on 09 May 2012.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51109MH2012PTC230774. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Pankaj Bipinchandra Thanawala and Chirag Ashvinkumar Fadia.
Its last annual general meeting (AGM) was held on 30 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at A – 3 Motimahal Sodawala Lane Borivali (West), Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2017, the company reported a revenue of ₹31,633. For the same year it recorded a net loss of ₹3.07 Lakh and EBITDA of -₹3.13 Lakh.
The last known website on record is imagesolutions.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressA – 3 Motimahal Sodawala Lane Borivali (West), Mumbai, Maharashtra, India – 400092
- IndustryTrading, Retailers, Retail Trading
- 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 Proav Solutions Private Limited
The main business activity of Proav Solutions is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Proav Solutions Private Limited FY 2021 filings available
Proav Solutions Private Limited reported revenue of ₹31,633 for FY 2017.
Financial Statement Summary of Proav Solutions Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹31,633 | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹3.13 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.07 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 Proav Solutions Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• |
| 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 Proav Solutions are in the company report.
Financial statements from 2015
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.
Auditor Details of Proav Solutions Private Limited
Proav Solutions Private Limited is audited by MUKUNDSHAH for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MUKUNDSHAH | 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 Proav Solutions Private Limited
Proav Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Bipinchandra Thanawala Also directs: Hi-Tech Image Solutions Private Limited | Director | 09 May 2012 | 14 Years 4 Months | Current |
| Chirag Ashvinkumar Fadia Also directs: Hi-Tech Image Solutions Private Limited | Director | 15 Dec 2016 | 9 Years 9 Months | Current |
| Nainesh Amrutlal Vora Also directs: Param Tech LLP, Maxspeed Entertainment Private Limited | Director | 09 May 2012 | 14 Years 4 Months | Current |
Ownership and Shareholding of Proav 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 Proav Solutions Private Limited
Proav Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Proav Solutions Private Limited
Employment history and EPFO contributions of people linked to Proav Solutions.
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 Proav Solutions Private Limited
Proav Solutions Private Limited has 3 board changes on record since 2012: 3 appointments. The latest: Chirag Ashvinkumar Fadia was appointed as Director on 15 Dec 2016.
Credit Ratings, Litigation & Regulatory Alerts for Proav 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.
MSME Payment Delays by Proav Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Proav 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 Proav Solutions Private Limited
Proav Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Proav 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 Proav Solutions Private Limited
Proav Solutions is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Proav Solutions is a company pending strike off, currently registered as a private limited company based in Mumbai, Maharashtra, India. The company works in retailers, within the trading industry. It was incorporated on 09 May 2012 and is registered under CIN U51109MH2012PTC230774. The company may be struck off soon - caution is advised.
The compliance status of Proav Solutions is compliant as of 20 August 2026.
Proav Solutions has 3 current directors:
- Pankaj Bipinchandra Thanawala - Director
- Chirag Ashvinkumar Fadia - Director
- Nainesh Amrutlal Vora - Director
The CIN (Corporate Identification Number) of Proav Solutions is U51109MH2012PTC230774. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Proav Solutions was incorporated on 09 May 2012. It is registered with the Registrar of Companies, Mumbai.
Proav Solutions can be reached through the website imagesolutions.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Proav Solutions is at A – 3 Motimahal Sodawala Lane Borivali West, Mumbai, Maharashtra, India – 400092.
Proav Solutions reported revenue of ₹31,633 for FY 2017.
Proav Solutions has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.