Prolax IT Solutions Private Limited
About Prolax IT Solutions Private Limited
Data last updated:
Prolax IT Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 07 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2017PTC115040.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Lakshmidevi Korrapati and Onteddu Sureshkumarreddy.
Its last annual general meeting (AGM) was held on 29 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 7 – 1 – 397/144 Plot No.23/A Saisushmatowers Sr Nagar, Hyderabad, Telangana, India – 500038.
As per the financials filed for FY 2020, the company reported a revenue of ₹17,654, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹90,003 and EBITDA of -₹88,902.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Prolax IT Solutions Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Social Media
- Registered Address7 – 1 – 397/144 Plot No.23/A Saisushmatowers Sr Nagar, Hyderabad, Telangana, India – 500038
- IndustryInformation Technology, Other Computer Related Activities
To see the full contact details of Prolax IT Solutions 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 Prolax IT Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Prolax IT Solutions Private Limited, buy the company report.
Financials of Prolax IT Solutions Private Limited
FY 2020 filings availableProlax IT Solutions Private Limited reported revenue of ₹17,654 (down 95% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 95% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹17,654 | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹88,902 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹90,003 | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
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| Trade Payables | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | ||||
| Net Profit Margin | ||||
| Return on Equity (ROE) | ||||
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| Return on Assets (ROA) | ||||
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| Efficiency and Growth | ||||
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| Receivable Days | ||||
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| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Prolax IT Solutions Private Limited, buy the company report.
Board of directors of Prolax IT Solutions Private Limited
Prolax IT Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshmidevi Korrapati | Director | 07 Feb 2017 | 9 Years 8 Months | Current |
| Onteddu Sureshkumarreddy | Director | 07 Feb 2017 | 9 Years 8 Months | Current |
Peer comparison
Prolax IT Solutions Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gravinergy Private Limited | ₹17,800 (FY 2018) | -13.0% | Berhampur, Odisha, India | |||
| Clement Technologies Private Limited | ₹17,777 (FY 2025) | -95.0% | Delhi, India | |||
| Limelight Motion Pictures Private Limited | ₹17,700 (FY 2024) | -97.0% | Mumbai, Maharashtra, India | |||
| Erlang Corporation Private Limited | ₹17,665 (FY 2024) | -99.0% | New Delhi, Delhi, India | |||
| Prolax IT Solutions Private Limitedthis company | ₹17,654 (FY 2020) | -₹90,003 | -95.0% | Hyderabad, Telangana, India | ||
| Tiscorp Communication Private Limited | ₹17,616 (FY 2023) | Murshidabad, West Bengal, India | ||||
| 10Xg Ventures Private Limited | ₹17,600 (FY 2024) | -94.0% | Bangalore, Karnataka, India | |||
| Talentboat Consultancy Private Limited | ₹17,568 (FY 2023) | Gurgaon, Haryana, India | ||||
| Weazy Infotech Private Limited | ₹17,558 (FY 2025) | -91.0% | Dehradun, Uttarakhand, India |
To see the full peer comparison of Prolax IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Prolax IT Solutions 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 Prolax IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Prolax IT Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Prolax IT Solutions Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Lakshmidevi Korrapati was appointed as Director on 07 Feb 2017.
Frequently asked questions
Prolax IT Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 07 February 2017 (9+ years old) and is registered under CIN U72900TG2017PTC115040.
Prolax IT Solutions has 2 current directors:
- Lakshmidevi Korrapati - Director
- Onteddu Sureshkumarreddy - Director
The latest financial statements of Prolax IT Solutions on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 29 December 2020. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Prolax IT Solutions is U72900TG2017PTC115040. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prolax IT Solutions was incorporated on 07 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Prolax IT Solutions by revenue are Gravinergy Private Limited, Clement Technologies Private Limited, Limelight Motion Pictures Private Limited, Erlang Corporation Private Limited, Tiscorp Communication Private Limited and 3 more, all in the same principal business activity (other professional, scientific and technical activities).
Lakshmidevi Korrapati was appointed as Director on 07 Feb 2017. Onteddu Sureshkumarreddy was appointed as Director on 07 Feb 2017.
The registered office of Prolax IT Solutions is at 7 – 1 – 397144 Plot No.23A Saisushmatowers Sr Nagar, Hyderabad, Telangana, India – 500038.
Prolax IT Solutions operates in the information technology industry, in the other computer related activities segment.
The compliance status of Prolax IT Solutions is active non-compliant as of 04 September 2026. The company is actively filing with the Registrar of Companies.
Prolax IT Solutions can be reached at its registered office: 7 – 1 – 397144 Plot No.23A Saisushmatowers Sr Nagar, Hyderabad, Telangana, India – 500038.