
About Prodo Technologies Private Limited
Data last updated:
Prodo Technologies Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 22 May 2021.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U24230DL2021PTC381425. Its GSTIN is 07AAMCP0161E1ZN (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10.1 Lakh and a paid-up capital of ₹34,120. It is led by directors including Sameen Husain and Abhiroop Srivastava.
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 55 2nd Floor Lane – 2 Westend Marg Saidullajab, New Delhi, Delhi, India – 110030.
As per the financials filed for FY 2023, the company reported a revenue of ₹32.36 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹5.73 Cr (net margin -17.7%) and EBITDA of -₹4.94 Cr (EBITDA margin -15.3%).
The company has about 49 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Prodo. As per MCA filings, the company has open charges of ₹4 Cr and satisfied charges of ₹1 Cr on record. Court records list 19 cases involving the company, including 19 filed against it; 11 cases are pending. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹11.49 Cr; the latest was in November 2022.
The last known website on record is prodo.in.
Company details
Recognitions & Rankings of Prodo Technologies
Contact details
Prodo Technologies Private Limited's registered office is in New Delhi, Delhi. Its website is prodo.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address55 2nd Floor Lane – 2 Westend Marg Saidullajab, New Delhi, Delhi, India – 110030
- IndustryInternet, Online Service Marketplaces
To see the full contact details of Prodo Technologies Private Limited, buy the company report.
- 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
Business activity
The main business activity of Prodo Technologies is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Prodo Technologies Private Limited, buy the company report.
Financials of Prodo Technologies Private Limited
FY 2023 filings availableProdo Technologies Private Limited reported revenue of ₹32.36 Cr (up 1007% YoY) for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹32.36 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹4.94 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹5.73 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 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -15.3% | |
| Net Profit Margin | -17.7% | |
| 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 Prodo Technologies Private Limited, buy the company report.
Board of directors of Prodo Technologies Private Limited
Prodo Technologies has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sameen Husain Also directs: Loomaya Labs LLP | Director | 22 May 2021 | 5 Years 5 Months | As last reported |
| Abhiroop Srivastava Also directs: Chrome Lighting Private Limited, Digiboard Tech Private Limited | Director | 22 Aug 2022 | 4 Years 2 Months | As last reported |
| Vijay Kumar Gupta | Irp/Rp/Liquidator | 11 Aug 2025 | 1 Years 2 Months | As last reported |
Auditor
Prodo Technologies Private Limited is audited by M.T.M. & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.T.M. & ASSOCIATES | FY 2023 | 015286N |
Shareholding
The shareholding of Prodo Technologies Private Limited is on record for FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Prodo Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Aug 2023 | 100763903 | Others | ₹4 Cr | Open | |
| 09 Sep 2023 | 100774699 | Others | ₹1 Cr | Satisfied |
To see the full charge records of Prodo Technologies Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Prodo Technologies Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹11.49 Cr; the latest was in November 2022.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Funding round · Seed | ₹3.06 Cr | Investors: LVX (LetsVenture), Titan Capital, NK Securities Research Private Limited |
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Prodo Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Prodo Technologies Private Limited has 19 court cases on record: 19 filed against it. 11 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 17 | 10 |
| High courts | 2 | 2 | 1 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by Storm Infracon Pvt Ltd | Pending |
| District court, Gurugram, Haryana | Commercial suit | Filed against the company by M/S Karamyogi Printer and Packers Pvt Ltd | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Dmi Finance Pvt Ltd | Pending |
| District court, Howrah, West Bengal | Criminal complaint | Filed against the company by M/S Brilliant Packaging Private Limited Rep-Bijay Agarwal | Disposed |
| High Court, TAMIL NADU | Arbitration matter | Filed against the company by M/S.Randstad India Pvt Ltd M/S.V.V.Sivakumar, 9043077113,Gautham Balaji ,Chethan Sagar | Disposed |
To see the full case history of Prodo Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prodo Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prodo Technologies Private Limited has a workforce of 49 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Prodo Technologies has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAMCP0161E1ZN | Delhi | Active | 27 Jun 2021 |
| 06AAMCP0161E1ZP | Haryana | Active | 21 Dec 2021 |
To see the full GST registrations and return filing status of Prodo Technologies Private Limited, buy the company report.
Recent activity
Prodo Technologies Private Limited has 5 board changes on record since 2021: 3 appointments and 2 cessations. The latest: Vijay Kumar Gupta was appointed as Irp/Rp/Liquidator on 11 Aug 2025.
News
Frequently asked questions
Prodo Technologies is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Prodo Technologies is a company under insolvency, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 22 May 2021 and is registered under CIN U24230DL2021PTC381425. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Prodo Technologies has 3 current directors:
- Sameen Husain - Director
- Abhiroop Srivastava - Director
- Vijay Kumar Gupta - Irp/Rp/Liquidator
The latest financial statements of Prodo Technologies 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 2022 are in the company report.
The CIN (Corporate Identification Number) of Prodo Technologies is U24230DL2021PTC381425. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prodo Technologies has open charges of ₹4 Cr and satisfied charges of ₹1 Cr as per latest MCA filings.
Prodo Technologies has 19 court cases on record: 19 filed against it. 11 are pending. Most are in the district courts.
Prodo Technologies was incorporated on 22 May 2021. It is registered with the Registrar of Companies, Delhi.
Prodo Technologies has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹11.49 Cr; the latest was in November 2022.
Vijay Kumar Gupta was appointed as Irp/Rp/Liquidator on 11 Aug 2025. Kausar Husain ceased to be Director on 30 Nov 2023. Abhiroop Srivastava ceased to be Additional Director on 31 Oct 2022. Prodo Technologies has 5 board changes on record in total.