Prolance Services Private Limited Company Logo

Prolance Services Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Bangalore North, Karnataka, India, established in 2020.

2020 | Bangalore North, Karnataka, India | Active
Last Updated:

About Prolance Services Private Limited

Prolance Services Private Limited, a active private limited company, was established on 23 December 2020 in Bangalore North, Karnataka, India. Engaging in furniture manufacturing within the manufacturing sector, it holds CIN: U36109KA2020PTC142528. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹6.00 M and a paid-up capital of ₹4.79 M.

It upholds a compliant status. Employing 109 professional, Its leadership includes Rama Kolluru Harinath (Director), Manoj Kumar Kumaran (Additional Director), Jaisimha Sathyanarayana (Additional Director). It holds ₹3.00 Cr open charges and ₹1.00 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 91 Springboard Business Hub Pvt Ltd, Gopala Krishna Complex, No. 45/3 Residency Road, Mg Road, Bangalore North, Karnataka, 560025.

Company Details

  • CIN/LLPIN

    U36109KA2020PTC142528

  • Registration Number

    142528

  • Incorporation Date

    23 December 2020

  • Authorized Capital

    ₹6.00 M

  • Paid-Up Capital

    ₹4.79 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 4.79 M
  • Company Age 5 Year,
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.00 Cr
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth %
  • Profit Growth -6276.85%
  • Ebitda -6343.37%
  • Net Worth -9240.01%
  • Total Assets 2199.04%
Company report

Prolance Services Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Prolance Services Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Prolance Services Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Rama Kolluru HarinathDirector23 Dec 2020Current
Manoj Kumar KumaranAdditional Director10 Mar 2025Current
Jaisimha SathyanarayanaAdditional Director17 Mar 2025Current
Madipakam Parasuram VivekDirector23 Dec 2020Current

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Financial Performance of Prolance Services.

Prolance Services Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 6276.85% decrease in profit. The company's net worth observed a substantial decline by a decrease of 9240.01%.

Prolance Services revenue growth over time
Prolance Services profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
Revenue from Operations
Total Assets
2199.04%
Profit or Loss
-6276.85%
Net Worth
-9240.01%
EBITDA
-6343.37%

What is the Ownership and Shareholding Structure of Prolance Services?

In 2023, Prolance Services had a public holding of 11.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹30,000,000.00

Satisfied Charges

₹10,000,000.00

Charges Breakdown by Lending Institutions

  • Others : 3.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Aug 2023Others₹3.00 CrOpen
21 Jun 2022Others₹1.00 CrSatisfied

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How Many Employees Work at Prolance Services?

Prolance Services has a workforce of 109 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Prolance Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prolance Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Prolance Services's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Prolance Services

Recent Activity within the Organization

  • Director Appointment

    The activity Jaisimha Sathyanarayana was appointed as a Additional Director was appointed as a Additional Director on 17 Mar 2025 & has been associated with this company since 9 months 8 days . was completed.

  • Director Appointment

    Manoj Kumar Kumaran was appointed as a Additional Director was appointed as a Additional Director on 10 Mar 2025 & has been associated with this company since 9 months 15 days . was recorded as a recent event.

  • Annual General Meeting

    Prolance Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Prolance Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.

  • Charges

    The activity A charge registered on 21 Jun 2022 via Charge ID 100592531 with Others was fully satisfied on 30 Oct 2023. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 30.00 M with Charge ID 100823200 was registered on 28 Aug 2023. was documented.

Frequently Asked Questions

  • What is the CIN of Prolance Services Private Limited?

    The CIN of Prolance Services Private Limited is U36109KA2020PTC142528.

  • Where is Prolance Services Private Limited headquartered?

    Prolance Services Private Limited is headquartered at 91 Springboard Business Hub Pvt Ltd, Gopala Krishna Complex, No. 45/3 Residency Road, Mg Road, Bangalore North, Karnataka, 560025.

  • When was Prolance Services Private Limited incorporated?

    Prolance Services Private Limited was incorporated on 23 December 2020.

  • Who are the current directors of Prolance Services Private Limited?

    The current directors of Prolance Services Private Limited are

  • What is the primary industry of Prolance Services Private Limited?

    The primary industry of Prolance Services Private Limited is Manufacturing.

  • Is Prolance Services Private Limited a listed company?

    Prolance Services Private Limited is unlisted.

  • What is the capital structure of Prolance Services Private Limited?

    The authorized capital of Prolance Services Private Limited is ₹6.00 M, and the paid-up capital is ₹4.79 M.

  • What is the compliance status of Prolance Services Private Limited?

    The compliance status of Prolance Services Private Limited is Compliant.

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