About Prolific Systems and Technologies Private Limited
Data last updated:
Prolific Systems and Technologies Private Limited is a private limited company based in Thane West, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 16 July 1997.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U30007MH1997PTC109461. Its GSTIN is 27AABCP0645A1ZZ (Maharashtra). The company holds 19 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹21.65 Cr and a paid-up capital of ₹3.43 Cr. It is led by directors including Rajeush Ballamwar and Vasudeo Shrirang Joshi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No.A – 267 MIDC Near Esis Hospital Road No.16 – A Wagle Industrial Estate, Thane West, Maharashtra, India – 400604.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.74 Cr, a decline of 46% compared to the previous year.
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Prolific Systems & Technologies. As per MCA filings, the company has open charges of ₹57.51 Cr and satisfied charges of ₹95.85 Cr on record.
The last known website on record is prolificepc.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No.A – 267 MIDC Near Esis Hospital Road No.16 – A Wagle Industrial Estate, Thane West, Maharashtra, India – 400604
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
- 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
Associated Brands with Prolific Systems and Technologies
Prolific Systems and Technologies operates one associated brand: Prolific Systems & Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of piping, electrical, instrumentation, automation & IT solution | prolificindia.com |
Business Activity of Prolific Systems and Technologies
The main business activity of Prolific Systems and Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details for Prolific Systems and Technologies Private Limited
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.
Auditor Details of Prolific Systems and Technologies
Prolific Systems and Technologies Private Limited is audited by P. M. Pophale & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P. M. Pophale & Associates | Locked | Locked | Locked |
Complete auditor history for Prolific Systems and Technologies Private Limited
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 Prolific Systems and Technologies Private Limited
Prolific Systems and Technologies has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeush Ballamwar | Director | 16 Jul 1997 | 29 Years 2 Months | As last reported |
| Vasudeo Shrirang Joshi | Director | 20 Aug 2007 | 19 Years 1 Months | As last reported |
| Vijay Dattatraya Baoney | Director | 20 Aug 2007 | 19 Years 1 Months | As last reported |
| Ganesh Keshaorao Ballamwar | Director | 30 Sep 2002 | 24 Years 0 Months | As last reported |
Financials of Prolific Systems and Technologies Private Limited FY 2024 filings available
Prolific Systems and Technologies Private Limited reported revenue of ₹5.74 Cr (down 46.00% YoY) for FY 2024.
Ten-year financial statements for Prolific Systems and Technologies Private Limited
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.
Ownership and Shareholding of Prolific Systems and Technologies
Shareholding and ownership data for Prolific Systems and Technologies Private Limited
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 Prolific Systems and Technologies
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Nov 2020 | Axis Bank Limited | ₹2.94 Cr | Open |
| 26 Feb 2018 | Others | ₹23 Cr | Open |
| 30 Oct 2015 | Others | ₹23.5 Cr | Open |
| 16 Jan 2014 | Others | ₹8.07 Cr | Open |
| 30 Oct 2015 | Others | ₹21 Cr | Satisfied |
Total charge records: 15 View all charges
Employees and EPFO Compliance at Prolific Systems and Technologies
Prolific Systems and Technologies Private Limited has a workforce of 9 employees as of Apr 08, 2024.
Employee and EPFO history for Prolific Systems and Technologies Private Limited
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.
GST Compliance of Prolific Systems and Technologies
Prolific Systems and Technologies has 19 GST registrations: 2 active and 17 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP0645A1ZZ | Maharashtra | Active | 01 Jul 2017 |
| 36AABCP0645A1Z0 | Telangana | Active | 01 Jul 2017 |
GST registrations and filing compliance for Prolific Systems and Technologies Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Prolific Systems and Technologies
Credit ratings, litigation, and regulatory alerts for Prolific Systems and Technologies Private Limited
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 Prolific Systems and Technologies
MSME payment history for Prolific Systems and Technologies Private Limited
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 Prolific Systems and Technologies
Corporate group structure for Prolific Systems and Technologies Private Limited
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.
MCA Filings & Documents of Prolific Systems and Technologies
MCA filings and documents for Prolific Systems and Technologies Private Limited
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.
Recent Activity on Prolific Systems and Technologies
Frequently Asked Questions about Prolific Systems and Technologies Private Limited
Prolific Systems and Technologies is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Prolific Systems and Technologies is a company under insolvency, formerly operating as a private limited company based in Thane West, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 16 July 1997 and is registered under CIN U30007MH1997PTC109461. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Prolific Systems and Technologies reported revenue of ₹5.74 Cr for FY 2024 (down 46.00% YoY).
Prolific Systems and Technologies has 4 current directors:
- Rajeush Ballamwar - Director
- Vasudeo Shrirang Joshi - Director
- Vijay Dattatraya Baoney - Director
- Ganesh Keshaorao Ballamwar - Director
The CIN (Corporate Identification Number) of Prolific Systems and Technologies is U30007MH1997PTC109461. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prolific Systems and Technologies has open charges of ₹57.51 Cr and satisfied charges of ₹95.85 Cr as per latest MCA filings.
Prolific Systems and Technologies was incorporated on 16 July 1997. It is registered with the Registrar of Companies, Mumbai.
Prolific Systems and Technologies can be reached through the website prolificepc.com. Its registered office is in Thane West, Maharashtra, India.
The registered office of Prolific Systems and Technologies is at Plot No.A – 267 MIDC Near Esis Hospital Road No.16 – A Wagle Industrial Estate, Thane West, Maharashtra, India – 400604.