Prolake Technologies Private Limited
About Prolake Technologies Private Limited
Data last updated:
Prolake Technologies Private Limited is a private limited company based in Airody, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 31 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016PTC093766. Its GSTIN is 29AAICP6808J1ZW (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Krishna Kumar Bantwal Somayaji and Sumangala.
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 Door No 2 – 10 – 2 Shreedhara Soudha Sasthan Mutt, Airody, Karnataka, India – 576226.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.45 Cr, a growth of 68% compared to the previous year. For the same year it recorded a net profit of ₹30 Lakh (net margin 12.3%) and EBITDA of ₹48.95 Lakh (EBITDA margin 20%). Revenue has grown at a compounded annual rate (CAGR) of 134% over three years and 78% over five years.
The company has about 25 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Prolake. As per MCA filings, the company has open charges of ₹12 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
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- WebsiteLocked
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- Registered AddressDoor No 2 – 10 – 2 Shreedhara Soudha Sasthan Mutt, Airody, Karnataka, India – 576226
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Prolake Technologies Private Limited
The main business activity of Prolake Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Prolake Technologies Private Limited FY 2025 filings available
Prolake Technologies Private Limited reported revenue of ₹2.45 Cr (up 68% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Prolake Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 78% over five years, including 68% growth in the latest year. EBITDA rose 37% 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 of Prolake Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹48.95 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹30 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Prolake Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 12.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Prolake Technologies are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Prolake Technologies Private Limited
Prolake Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jujama Solutions Private Limited | ₹2.45 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Hyderabad, Telangana, India |
| Subhujo Technologies Private Limited | ₹2.45 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Hyderabad, Telangana, India |
| Teknobiz Solutions Private Limited | ₹2.45 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Bhubaneswar, Odisha, India |
| Ligionest Technologies Private Limited | ₹2.45 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Pune, Maharashtra, India |
| A'niche Infotech Solutions Private Limited | ₹2.45 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Mumbai, Maharashtra, India |
| Prolake Technologies Private Limited this company | ₹2.45 Cr (FY 2024) | •••• | •••• | 68.0% | •••• | Airody, Karnataka, India |
| Bakliwal Telecom Services Private Limited | ₹2.44 Cr (FY 2023) | •••• | •••• | 39.0% | •••• | Jaipur, Rajasthan, India |
| Symbioun Solutions Private Limited | ₹2.44 Cr (FY 2025) | •••• | •••• | -57.0% | •••• | Noida, Uttar Pradesh, India |
| Mips Information Technology Limited | ₹2.44 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Bangalore, Karnataka, India |
| Highfive Global Networks Private Limited | ₹2.44 Cr (FY 2025) | •••• | •••• | 127.0% | •••• | Delhi, India |
| Roots Infocomm Private Limited | ₹2.44 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Ludhiana, Punjab, India |
Peers are the five companies nearest above and the five nearest below Prolake Technologies by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Prolake Technologies Private Limited
Prolake Technologies Private Limited is audited by GRSM & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GRSM & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Prolake Technologies Private Limited
Prolake Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishna Kumar Bantwal Somayaji Also directs: Vidita Solutions Private Limited | Director | 12 Apr 2024 | 2 Years 5 Months | Current |
| Sumangala | Director | 31 May 2016 | 10 Years 4 Months | Current |
Ownership and Shareholding of Prolake Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Prolake Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Dec 2023 | Karnataka Bank Ltd. | ₹12 Lakh | Open |
Total charge records: 1 View all charges
Associated Brands with Prolake Technologies Private Limited
Prolake Technologies operates one associated brand: Prolake. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes in application development, creating tailored software solutions for businesses. | prolake.in |
Employees and EPFO Compliance at Prolake Technologies Private Limited
Prolake Technologies Private Limited has a workforce of 25 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Prolake Technologies Private Limited
Prolake Technologies Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Bantwal Somayaji Narayana ceased to be Director on 16 Apr 2024.
Credit Ratings, Litigation & Regulatory Alerts for Prolake Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Prolake Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Prolake Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Prolake Technologies Private Limited
Prolake Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICP6808J1ZW | Karnataka | Active | 17 Oct 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Prolake Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Prolake Technologies Private Limited
Prolake Technologies is an active private limited company based in Airody, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 31 May 2016 (10+ years old) and is registered under CIN U72900KA2016PTC093766.
Prolake Technologies reported revenue of ₹2.45 Cr for FY 2024 (up 68% YoY).
Prolake Technologies has 2 current directors:
- Krishna Kumar Bantwal Somayaji - Director
- Sumangala - Director
Prolake Technologies reported a net profit of ₹30 Lakh (net margin 12.3%) and EBITDA of ₹48.95 Lakh (EBITDA margin 20%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Prolake Technologies is 134% over three years and 78% over five years. In the latest year (FY 2024) revenue rose 68%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Prolake Technologies is 29AAICP6808J1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Prolake Technologies is U72900KA2016PTC093766. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prolake Technologies was incorporated on 31 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Prolake Technologies by revenue are Jujama Solutions Private Limited, Subhujo Technologies Private Limited, Teknobiz Solutions Private Limited, Ligionest Technologies Private Limited, A'niche Infotech Solutions Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Bantwal Somayaji Narayana ceased to be Director on 16 Apr 2024. Krishna Kumar Bantwal Somayaji was appointed as Director on 12 Apr 2024. Sumangala was appointed as Director on 31 May 2016.
The registered office of Prolake Technologies is at Door No 2 – 10 – 2 Shreedhara Soudha Sasthan Mutt, Airody, Karnataka, India – 576226.