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:
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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 (Director), Jaisimha Sathyanarayana (Director). Past directors included Manoj Kumar Kumaran, Jaisimha Sathyanarayana. It holds ₹3.00 Cr open charges and ₹1.00 Cr settled loans. Its latest AGM occurred on 25 November 2025, with the balance sheet filed on 31 March 2025. 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
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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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 Metrics
  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 4.79 M
  • Company Age 5 Year, 1 Month
  • Last Filing with ROC 31 Mar 2025
  • 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

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Rama Kolluru Harinath Director 23 Dec 2020 Current
Manoj Kumar Kumaran Director 10 Mar 2025 Current
Jaisimha Sathyanarayana Director 17 Mar 2025 Current
Madipakam Parasuram Vivek Director 23 Dec 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 24 Nov 2025 Past
Pramod Abcsdd Additional Director 24 Nov 2025 Past

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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
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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Revenue from Operations
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Total Assets
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 2199.04%
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Profit or Loss
*******
 -6276.85%
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Net Worth
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 -9240.01%
*******
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EBITDA
*******
 -6343.37%
*******
*******
*******
*******

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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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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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
Date Lender Amount Status
28 Aug 2023 Others ₹3.00 Cr Open
21 Jun 2022 Others ₹1.00 Cr Satisfied

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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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
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.

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Latest Updates, News, and FAQs on Prolance Services
Recent Activity within the Organization
  • Annual General Meeting

    The activity Prolance Services Private Limited last Annual general meeting of members was held on 25 Nov 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Prolance Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was recorded as a recent event.

  • Director Appointment

    Jaisimha Sathyanarayana was appointed as a Director was appointed as a Director on 17 Mar 2025 & has been associated with this company since 10 months 25 days . was recorded as a recent event.

  • Director Appointment

    Progress on Manoj Kumar Kumaran was appointed as a Director was appointed as a Director on 10 Mar 2025 & has been associated with this company since 11 months 2 days . was documented.

  • 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.

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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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