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Probuddy Software Solutions Private Limited - information technology in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹10.8 Cr
▲ 159% YoY
Net profit · FY 2023
₹3.51 Cr
Net margin 32.5%
EBITDA · FY 2023
₹4.25 Cr
EBITDA margin 39.4%
Authorised capital
₹1.93 Cr
Registered with MCA
Paid-up capital
₹1.92 Cr
Issued & subscribed
Open charges
₹41.87 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
58
Provident fund records
About Probuddy Software Solutions Private Limited
Data last updated:
Probuddy Software Solutions Private Limited is a private limited company based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 27 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC124675. Its GSTIN is 29AAKCP5723E1Z9 (Karnataka).
The company has an authorised share capital of ₹1.93 Cr and a paid-up capital of ₹1.92 Cr. It is led by directors including Veena Vikram Panchangam (Managing Director) and Raman Selladurai Nanda Kumar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.71 3rd Floor Woc Road 4th Stage 3rd Block Basaveswaranagar, Bengaluru, Karnataka, India – 560079.
As per the financials filed for FY 2023, the company reported a revenue of ₹10.8 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.51 Cr (net margin 32.5%) and EBITDA of ₹4.25 Cr (EBITDA margin 39.4%). Revenue has grown at a compounded annual rate (CAGR) of 729% over three years.
The company has about 58 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ProBuddy Software Solutions. As per MCA filings, the company has open charges of ₹41.87 Lakh on record.
Probuddy Software Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0002130). For more details, the company can be reached via its website probuddysoftware.com.
Company details
CIN U72900KA2019PTC124675
Registration Number 124675
Incorporation Date 27 May 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0002130
Key People
Veena Vikram Panchangam Managing Director Raman Selladurai Nanda Kumar Director Karthik Ayyaswamy Director Recognitions & Rankings of Probuddy Software Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0002130
Contact details
Probuddy Software Solutions Private Limited's registered office is in Bengaluru, Karnataka. Its website is probuddysoftware.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.71 3rd Floor Woc Road 4th Stage 3rd Block Basaveswaranagar, Bengaluru, Karnataka, India – 560079
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Probuddy Software Solutions Private Limited, buy the company report.
Comprehensive company report
Probuddy Software Solutions 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
Probuddy Software Solutions operates one associated brand: ProBuddy Software Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides customized GRC, BCM, and DigIT services for organizational efficiency. | probuddysoftware.com |
Business activity
The main business activity of Probuddy Software 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 Probuddy Software Solutions Private Limited, buy the company report.
Financials of Probuddy Software Solutions Private Limited
FY 2023 filings availableProbuddy Software Solutions Private Limited reported revenue of ₹10.8 Cr (up 159% YoY) for FY 2023.
Revenue · FY 2023
₹10.8 Cr ▲ 159%
Net profit · FY 2023
₹3.51 Cr margin 32.5%
EBITDA · FY 2023
₹4.25 Cr margin 39.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 159%
3 years · compounded
▲ 729%
EBITDA CAGR growth
1 year
▲ 221%
3 years · compounded
▲ 84%
Revenue has grown at a compounded annual rate (CAGR) of 729% over three years, including 159% growth in the latest year. EBITDA rose 221% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹10.8 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹4.25 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹3.51 Cr | |||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 39.4% | |||
| Net Profit Margin | 32.5% | |||
| 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 Probuddy Software Solutions Private Limited, buy the company report.
Board of directors of Probuddy Software Solutions Private Limited
Probuddy Software Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veena Vikram Panchangam Also directs: Manihaaram LLP | Managing Director | 28 Jan 2021 | 5 Years 9 Months | Current |
| Raman Selladurai Nanda Kumar | Director | 27 May 2019 | 7 Years 5 Months | Current |
| Karthik Ayyaswamy | Director | 27 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Probuddy Software Solutions Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Approva Systems Private Limited | ₹10.82 Cr (FY 2016) | -1.0% | Hyderabad, Telangana, India | |||
| Evolveware Information Technology (India) Private Limited | ₹10.82 Cr (FY 2025) | 4.0% | Pune, Maharashtra, India | |||
| Effone Technologies Private Limited | ₹10.81 Cr (FY 2025) | 5.0% | Bangalore, Karnataka, India | |||
| Global Infovision Private Limited | ₹10.81 Cr (FY 2024) | 1.0% | Hyderabad, Telangana, India | |||
| Owler India Private Limited | ₹10.8 Cr (FY 2025) | 25.0% | Coimbatore, Tamil Nadu, India | |||
| Probuddy Software Solutions Private Limitedthis company | ₹10.8 Cr (FY 2023) | ₹3.51 Cr | 32.5% | 159.0% | 58 | Bengaluru, Karnataka, India |
| Aecgen Infotech Private Limited | ₹10.79 Cr (FY 2025) | 6.0% | Faridabad, Haryana, India | |||
| Ceaq Technologies Private Limited | ₹10.79 Cr (FY 2025) | -72.0% | Chikkayellappa Indl Layout Bangalore, Karnataka, India | |||
| Adaps IT Private Limited | ₹10.79 Cr (FY 2024) | -3.0% | Hyderabad, Telangana, India | |||
| Weblength Infonet Private Limited | ₹10.79 Cr (FY 2025) | 25.0% | New Delhi, Delhi, India |
To see the full peer comparison of Probuddy Software Solutions Private Limited, buy the company report.
Auditor
Probuddy Software Solutions Private Limited is audited by NAVEEN KUMAR & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAVEEN KUMAR & CO | FY 2023 | 002443S |
Shareholding
The shareholding of Probuddy Software Solutions Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Probuddy Software Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹41.87 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2023 | 100915486 | Others | ₹30.03 Lakh | Open | |
| 16 Jan 2023 | 100748540 | Others | ₹11.84 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Probuddy Software 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 Probuddy Software Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Probuddy Software Solutions Private Limited has a workforce of 58 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
58
Active EPFO establishments
1
Employee growth
-29.3%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 58 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 |
To see the full employee and EPFO history of Probuddy Software Solutions Private Limited, buy the company report.
GST
Probuddy Software Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCP5723E1Z9 | Karnataka | Active | 16 Jul 2019 |
To see the full GST registrations and return filing status of Probuddy Software Solutions Private Limited, buy the company report.
Recent activity
Probuddy Software Solutions Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Raman Selladurai Nanda Kumar ceased to be Managing Director on 28 Jan 2021.
AGM
Probuddy Software Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100915486 was registered on 26 Jun 2023.
Filing
Probuddy Software Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 0.12 Cr with Charge ID 100748540 was registered on 16 Jan 2023.
Ceased
Raman Selladurai Nanda Kumar ceased to be Managing Director.
Appointed
Veena Vikram Panchangam was appointed as Managing Director.
Appointed
Karthik Ayyaswamy was appointed as Director.
Appointed
Raman Selladurai Nanda Kumar was appointed as Director.
Incorporation
27 May 2019
Probuddy Software Solutions Private Limited was registered on 27 May 2019 with Roc Bangalore & aged 7 years 5 months as per MCA records.
Frequently asked questions
Probuddy Software Solutions is an active private limited company based in Bengaluru, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 27 May 2019 (7+ years old) and is registered under CIN U72900KA2019PTC124675.
Probuddy Software Solutions has 3 current directors:
- Veena Vikram Panchangam - Managing Director
- Raman Selladurai Nanda Kumar - Director
- Karthik Ayyaswamy - Director
The latest financial statements of Probuddy Software Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Probuddy Software Solutions is 29AAKCP5723E1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Probuddy Software Solutions is U72900KA2019PTC124675. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Probuddy Software Solutions was incorporated on 27 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Probuddy Software Solutions by revenue are Approva Systems Private Limited, Evolveware Information Technology (India) Private Limited, Effone Technologies Private Limited, Global Infovision Private Limited, Owler India Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Raman Selladurai Nanda Kumar ceased to be Managing Director on 28 Jan 2021. Veena Vikram Panchangam was appointed as Managing Director on 28 Jan 2021. Karthik Ayyaswamy was appointed as Director on 27 May 2019. Probuddy Software Solutions has 4 board changes on record in total.
Yes, Probuddy Software Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Probuddy Software Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0002130).
Probuddy Software Solutions can be reached through the website probuddysoftware.com. Its registered office is in Bengaluru, Karnataka, India.
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