Procucev Solutions LLP

Procucev Solutions LLP - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
LLPIN AAN-7641 Incorporated 14 December 2018 ROC Bangalore HQ Bangalore, Karnataka, India
Active Limited Liability Partnership business outsourcing
Data last updated
Revenue · FY 2023
₹20.56 Lakh
▼ 70% YoY
Net loss · FY 2023
₹4.16 Lakh
Net margin -20.2%
EBITDA · FY 2023
-₹3.03 Lakh
EBITDA margin -14.7%
Contribution obligation
₹1 Lakh
As per LLP agreement
LLP age
8 yrs
Est. 2018
Designated partners
2
As per MCA filings
Active GSTINs
1
GST registered
Last financials
Mar 2025
Balance sheet date

About Procucev Solutions LLP

Data last updated:

Procucev Solutions LLP is a limited liability partnership (LLP) based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the business process outsourcing sector. It was incorporated on 14 December 2018 and has been in existence for over 8 years.

The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAN-7641. Its GSTIN is 29AAXFP3058Q1Z1 (Karnataka).

The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Mukku Venkata Srinivas and Atma Prakasam Mukku.

Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 212 27th Main 20th Cross Sector – 2 Hsr Layout, Bangalore, Karnataka, India – 560102.

As per the financials filed for FY 2023, the LLP reported a revenue of ₹20.56 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹4.16 Lakh (net margin -20.2%) and EBITDA of -₹3.03 Lakh (EBITDA margin -14.7%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years.

For more details, the LLP can be reached via its website procucev.com.

Company Details of Procucev Solutions LLP
LLPIN AAN-7641
Incorporation Date 14 December 2018
Total Obligation of Contribution ₹1 Lakh
ROC Bangalore
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Key People
Mukku Venkata Srinivas Designated Partner Atma Prakasam Mukku Designated Partner
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    procucev.com
  • Social Media
  • Registered Address
    212 27th Main 20th Cross Sector – 2 Hsr Layout, Bangalore, Karnataka, India – 560102
  • Industry
    Business Outsourcing, Business Process Outsourcing
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Financials, compliance, directors, charges, ownership and filings for Procucev Solutions LLP in one report.

Financials from FY 2019 Directors & ownership Charges & compliance

Financials of Procucev Solutions LLP FY 2025 filings available

Procucev Solutions LLP reported revenue of ₹20.56 Lakh (down 70% YoY) for FY 2023.

Revenue · FY 2023
₹20.56 Lakh ▼ 70%
Net loss · FY 2023
₹4.16 Lakh margin -20.2%
EBITDA · FY 2023
-₹3.03 Lakh margin -14.7%

Compounded Annual Growth Rate (CAGR) of Procucev Solutions LLP

Revenue CAGR growth
1 year
▼ 70%
3 years · compounded
▲ 28%

Revenue fell 70% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 28%. 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 Procucev Solutions LLP

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Income and Expenditure
Turnover••••••••••••••••••••
Other Income••••••••••••••••••••
Total Income••••••••••••••••••••
Purchases and Direct Costs••••••••••••••••••••
Personnel Expenses••••••••••••••••••••
Administrative Expenses••••••••••••••••••••
Interest••••••••••••••••••••
Depreciation••••••••••••••••••••
Total Expenses••••••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax••••••••••••••••••••
Profit After Tax-₹4.16 Lakh••••••••••••••••
Profit Transferred to Partners••••••••••••••••••••
Assets and Liabilities
Partners' Contribution••••••••••••••••••••
Reserves and Surplus••••••••••••••••••••
Secured Loans••••••••••••••••••••
Unsecured Loans••••••••••••••••••••
Trade Payables••••••••••••••••••••
Other Liabilities and Provisions••••••••••••••••••••
Total Liabilities••••••••••••••••••••
Fixed Assets••••••••••••••••••••
Investments••••••••••••••••••••
Loans and Advances••••••••••••••••••••
Inventories••••••••••••••••••••
Trade Receivables••••••••••••••••••••
Cash and Bank Balance••••••••••••••••••••
Total Assets••••••••••••••••••••

Financial Ratios of Procucev Solutions LLP

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
Net Profit Margin-20.2%••••••••••••••••
Return on Partners' Funds••••••••••••••••••••
Return on Assets••••••••••••••••••••
Liquidity and Debt
Current Ratio••••••••••••••••••••
Debt to Partners' Funds••••••••••••••••••••
Interest Coverage••••••••••••••••••••
Efficiency and Growth
Asset Turnover••••••••••••••••••••
Receivable Days••••••••••••••••••••
Turnover Growth••••••••••••••••••••
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 8. The full year-wise statements and ratios of Procucev Solutions are in the company report.

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Financial statements from FY 2019

Earlier years and trend charts are in the company report.

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Designated Partners of Procucev Solutions LLP

Procucev Solutions has 2 designated partners on record. No former designated partners are listed.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Mukku Venkata Srinivas
Also directs: Procucev Enterprise Solutions Private Limited
Designated Partner08 Aug 20206 Years 1 MonthsCurrent
Atma Prakasam MukkuDesignated Partner14 Dec 20187 Years 9 MonthsCurrent
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Ownership and Shareholding of Procucev Solutions LLP

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Charges & Borrowings of Procucev Solutions LLP

Procucev Solutions LLP does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Procucev Solutions LLP

Employment history and EPFO contributions of people linked to Procucev Solutions.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Procucev Solutions LLP

Procucev Solutions LLP has 2 designated partner changes on record since 2018: 2 appointments. The latest: Mukku Venkata Srinivas was appointed as Designated Partner on 08 Aug 2020.

AGM
Procucev Solutions Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Procucev Solutions Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Mukku Venkata Srinivas was appointed as Designated Partner.
Appointed
Atma Prakasam Mukku was appointed as Designated Partner.
Incorporation
14 Dec 2018
Procucev Solutions Llp was registered on 14 Dec 2018 with Roc Bangalore & aged 7 years 9 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Procucev Solutions LLP

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MSME Payment Delays by Procucev Solutions LLP

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Subsidiaries & Group Companies of Procucev Solutions LLP

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Corporate group structure

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GST Compliance of Procucev Solutions LLP

Procucev Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAXFP3058Q1Z1KarnatakaActive13 Dec 2019
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GST registrations and filing compliance

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MCA Filings & Documents of Procucev Solutions LLP

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Frequently Asked Questions about Procucev Solutions LLP

Procucev Solutions is an active limited liability partnership based in Bangalore, Karnataka, India. The LLP works in business process outsourcing, within the business outsourcing industry. It was incorporated on 14 December 2018 (8+ years old) and is registered under LLPIN AAN-7641.

Procucev Solutions reported revenue of ₹20.56 Lakh for FY 2023 (down 70% YoY).

Procucev Solutions has 2 current designated partners:

Procucev Solutions reported a net loss of ₹4.16 Lakh (net margin -20.2%) and EBITDA of -₹3.03 Lakh (EBITDA margin -14.7%) for FY 2023, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Procucev Solutions is 28% over three years. In the latest year (FY 2023) revenue fell 70%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Procucev Solutions is 29AAXFP3058Q1Z1, registered in Karnataka.

The LLPIN (Limited Liability Partnership Identification Number) of Procucev Solutions is AAN-7641. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Procucev Solutions was incorporated on 14 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.

Mukku Venkata Srinivas was appointed as Designated Partner on 08 Aug 2020. Atma Prakasam Mukku was appointed as Designated Partner on 14 Dec 2018.

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

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