About Prohance India Private Limited
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Prohance India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the SAAS (software as a service) providers segment of the technology and IT services sector. It was incorporated on 16 January 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2009PTC048876. Its GSTIN is 29AACCJ1193Q1ZY (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹95.46 Lakh. It is led by directors Rajesh Sharma and Ankur Dhingra.
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 No.731 2nd Floor 3rd Block Koramangala, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2025, the company reported a revenue of ₹105.65 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹7.98 Cr (net margin 7.6%) and EBITDA of ₹11.11 Cr (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 43% over five years.
The company has about 136 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2 Cr on record. The company has 13 deals on record (8 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹1.05 Cr; the latest was in March 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prohance.net.
Company details
Contact details
Prohance India Private Limited's registered office is in Bangalore, Karnataka. Its website is prohance.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.731 2nd Floor 3rd Block Koramangala, Bangalore, Karnataka, India – 560034
- IndustryInformation Technology, SaaS (Software as a Service) Providers
To see the full contact details of Prohance India 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 Prohance India 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 Prohance India Private Limited, buy the company report.
Financials of Prohance India Private Limited
FY 2025 filings availableProhance India Private Limited reported revenue of ₹105.65 Cr (up 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 22% growth in the latest year. EBITDA rose 250% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹11.11 Cr | ||||
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| Net Profit (PAT) | ₹7.98 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 10.5% | ||||
| Net Profit Margin | 7.6% | ||||
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To see the full financial statements and ratios of Prohance India Private Limited, buy the company report.
Board of directors of Prohance India Private Limited
Prohance India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Sharma Also directs: Prosperium Ventures LLP | Director | 16 Jan 2009 | 17 Years 9 Months | Current |
| Ankur Dhingra | Director | 04 Jan 2019 | 7 Years 9 Months | Current |
Auditor
Prohance India Private Limited is audited by CGS & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CGS & CO. | FY 2023 | 005830S |
Shareholding
The shareholding of Prohance India 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) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Prohance India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2025 | 101157442 | Others | ₹2 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Prohance India Private Limited has 13 deals on record (8 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹1.05 Cr; the latest was in March 2024.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Prohance Inc., Infinity Partners Seller: Future IP Trust III, Future IP Trust I, Future IP Trust II, an individual |
| Feb 2023 | Secondary share transfer | Undisclosed | Buyer: Future IP Trust III, Future IP Trust II, Future IP Trust I Seller: Future Ip Labs LLP |
| Sep 2022 | Secondary share transfer | Undisclosed | Seller: Future Ip Labs LLP , 3 individuals |
| Aug 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Future Ip Labs LLP |
| May 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Future Ip Labs LLP |
To see the full deal history of Prohance India 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
No court or tribunal cases involving Prohance India 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 Prohance India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prohance India Private Limited has a workforce of 136 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Prohance India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCJ1193Q1ZY | Karnataka | Active | 01 Jul 2017 |
| 06AACCJ1193Q1Z6 | Haryana | Active | 17 Jan 2020 |
To see the full GST registrations and return filing status of Prohance India Private Limited, buy the company report.
Recent activity
Prohance India Private Limited has 6 board changes on record since 2009: 4 appointments and 2 cessations. The latest: Kishore Polam Reddy ceased to be Director on 06 Dec 2023.
News
Frequently asked questions
Prohance India is an active private limited company based in Bangalore, Karnataka, India. The company works in saas (software as a service) providers, within the information technology industry. It was incorporated on 16 January 2009 (17+ years old) and is registered under CIN U72200KA2009PTC048876.
Prohance India has 2 current directors:
- Rajesh Sharma - Director
- Ankur Dhingra - Director
The latest financial statements of Prohance India 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 2015 are in the company report.
The GSTIN of Prohance India is 29AACCJ1193Q1ZY, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AACCJ1193Q1Z6 (Haryana).
The CIN (Corporate Identification Number) of Prohance India is U72200KA2009PTC048876. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prohance India was incorporated on 16 January 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Prohance India has 13 deals on record (8 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹1.05 Cr; the latest was in March 2024.
Kishore Polam Reddy ceased to be Director on 06 Dec 2023. Ankur Dhingra was appointed as Director on 04 Jan 2019. Haragopal Polamreddy Reddy ceased to be Director on 18 Mar 2011. Prohance India has 6 board changes on record in total.
Prohance India can be reached through the website prohance.net. Its registered office is in Bangalore, Karnataka, India.
The registered office of Prohance India is at No.731 2nd Floor 3rd Block Koramangala, Bangalore, Karnataka, India – 560034.