MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0070676
Procigma Business Solutions Private Limited
Procigma Business Solutions Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹97.92 Lakh
▲ 21% YoY
Net profit · FY 2023
₹4.63 Lakh
Net margin 4.7%
EBITDA · FY 2023
₹9.42 Lakh
EBITDA margin 9.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹15 Lakh
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
About Procigma Business Solutions Private Limited
Data last updated:
Procigma Business Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 25 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC112600. Its GSTIN is 29AAJCP8371P1ZD (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sowmya Sundaravaradhan and Sanjeeva Sreevatsa Kakadasam.
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 # 676 5th Main 3rd Block Bel Layout Vidyaranyapura, Bangalore, Karnataka, India – 560097.
As per the financials filed for FY 2023, the company reported a revenue of ₹97.92 Lakh, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹4.63 Lakh (net margin 4.7%) and EBITDA of ₹9.42 Lakh (EBITDA margin 9.6%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years.
As per MCA filings, the company has open charges of ₹15 Lakh on record.
Procigma Business Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0070676).
Company details
CIN U74999KA2018PTC112600
Registration Number 112600
Incorporation Date 25 April 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0070676
Recognitions & Rankings of Procigma Business Solutions
Contact details
Procigma Business Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered Address# 676 5th Main 3rd Block Bel Layout Vidyaranyapura, Bangalore, Karnataka, India – 560097
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Procigma Business Solutions Private Limited, buy the company report.
Comprehensive company report
Procigma Business 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Financials of Procigma Business Solutions Private Limited
FY 2025 filings availableProcigma Business Solutions Private Limited reported revenue of ₹97.92 Lakh (up 21% YoY) for FY 2023.
Revenue · FY 2023
₹97.92 Lakh ▲ 21%
Net profit · FY 2023
₹4.63 Lakh margin 4.7%
EBITDA · FY 2023
₹9.42 Lakh margin 9.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 27%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 38%
Revenue has grown at a compounded annual rate (CAGR) of 27% over three years, including 21% growth in the latest year. EBITDA rose 20% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹97.92 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.42 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.63 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.6% | ||||
| Net Profit Margin | 4.7% | ||||
| 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 Procigma Business Solutions Private Limited, buy the company report.
Board of directors of Procigma Business Solutions Private Limited
Procigma Business Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sowmya Sundaravaradhan | Director | 25 Apr 2018 | 8 Years 5 Months | Current |
| Sanjeeva Sreevatsa Kakadasam | Director | 25 Apr 2018 | 8 Years 5 Months | Current |
Auditor
Procigma Business Solutions Private Limited is audited by SHYANBHOGA HEGDE AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHYANBHOGA HEGDE AND ASSOCIATES | FY 2023 | 011337S |
Shareholding
The shareholding of Procigma Business Solutions 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Procigma Business Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Dec 2024 | 101017282 | Others | ₹15 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Procigma Business 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 Procigma Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Procigma Business Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCP8371P1ZD | Karnataka | Active | 09 May 2018 |
To see the full GST registrations and return filing status of Procigma Business Solutions Private Limited, buy the company report.
Recent activity
Procigma Business Solutions Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Sanjeeva Sreevatsa Kakadasam was appointed as Director on 25 Apr 2018.
AGM
Procigma Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Procigma Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 15.00 Lakh with Charge ID 101017282 was registered on 04 Dec 2024.
Appointed
Sanjeeva Sreevatsa Kakadasam was appointed as Director.
Appointed
Sowmya Sundaravaradhan was appointed as Director.
Incorporation
25 Apr 2018
Procigma Business Solutions Private Limited was registered on 25 Apr 2018 with Roc Bangalore & aged 8 years 6 months as per MCA records.
Frequently asked questions
Procigma Business Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 25 April 2018 (8+ years old) and is registered under CIN U74999KA2018PTC112600.
Procigma Business Solutions has 2 current directors:
- Sowmya Sundaravaradhan - Director
- Sanjeeva Sreevatsa Kakadasam - Director
The latest financial statements of Procigma Business Solutions 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 Procigma Business Solutions is 29AAJCP8371P1ZD, registered in Karnataka.
The CIN (Corporate Identification Number) of Procigma Business Solutions is U74999KA2018PTC112600. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Procigma Business Solutions was incorporated on 25 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Sanjeeva Sreevatsa Kakadasam was appointed as Director on 25 Apr 2018. Sowmya Sundaravaradhan was appointed as Director on 25 Apr 2018.
Yes, Procigma Business Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0070676).
The registered office of Procigma Business Solutions is at # 676 5th Main 3rd Block Bel Layout Vidyaranyapura, Bangalore, Karnataka, India – 560097.
Procigma Business Solutions operates in the business outsourcing industry, in the HR outsourcing and talent management segment.