About Prominent IT System Solutions Private Limited
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Prominent IT System Solutions Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 26 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2019PTC188043. Its GSTIN is 27AAKCP8994M1Z9 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vivek Sureshrao Ashturkar and Smita Vivek Ashturkar.
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 Flat No 401 Sadhana Apmt Plot 26/10 Sno 167/2 Shivaji Nagar N Tanaji Wadi, Pune, Maharashtra, India – 411005.
As per the financials filed for FY 2024, the company reported a revenue of ₹70.46 Lakh, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹3.08 Lakh (net margin 4.4%) and EBITDA of ₹4.51 Lakh (EBITDA margin 6.4%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Prominent IT Solutions.
For more details, the company can be reached via its website prominentitsolutions.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressFlat No 401 Sadhana Apmt Plot 26/10 Sno 167/2 Shivaji Nagar N Tanaji Wadi, Pune, Maharashtra, India – 411005
- 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 Prominent IT System Solutions Private Limited
The main business activity of Prominent IT System Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities | 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 Prominent IT System Solutions Private Limited FY 2025 filings available
Prominent IT System Solutions Private Limited reported revenue of ₹70.46 Lakh (down 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Prominent IT System Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 3% over three years, including a 21% fall in the latest year. EBITDA fell 46% 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 Prominent IT System Solutions 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 | ₹4.51 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.08 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Prominent IT System Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.4% | •••• | •••• | •••• | •••• |
| 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 Prominent IT System Solutions are in the company report.
Financial statements from FY 2020
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 Prominent IT System Solutions Private Limited
Prominent IT System Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Crypticscubes Technologies Private Limited | ₹70.52 Lakh (FY 2024) | •••• | •••• | 99.0% | •••• | Jaipur, Rajasthan, India |
| Mediaions IT Solutions (OPC) Private Limited | ₹70.5 Lakh (FY 2022) | •••• | •••• | -61.0% | •••• | Delhi, India |
| Touchpoints Solutions Private Limited | ₹70.49 Lakh (FY 2025) | •••• | •••• | 840.0% | •••• | Bangalore, Karnataka, India |
| Virtua Technologies India Private Limited | ₹70.49 Lakh (FY 2025) | •••• | •••• | -3.0% | •••• | Chennai, Tamil Nadu, India |
| Ihd Technology Consultant Private Limited | ₹70.48 Lakh (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Prominent IT System Solutions Private Limited this company | ₹70.46 Lakh (FY 2024) | •••• | •••• | -21.0% | •••• | Pune, Maharashtra, India |
| Privacy Virtuoso Global Private Limited | ₹70.45 Lakh (FY 2025) | •••• | •••• | 18.0% | •••• | Faridabad, Haryana, India |
| Seth Softech Services Private Limited | ₹70.42 Lakh (FY 2024) | •••• | •••• | 40.0% | •••• | Noida, Uttar Pradesh, India |
| Atom Hibs Private Limited | ₹70.4 Lakh (FY 2023) | •••• | •••• | -70.0% | •••• | Chennai, Tamil Nadu, India |
| Masstech Innovative Solutions Private Limited | ₹70.38 Lakh (FY 2025) | •••• | •••• | -18.0% | •••• | Mumbai, Maharashtra, India |
| Ketix Zypra Private Limited | ₹70.38 Lakh (FY 2024) | •••• | •••• | 40.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Prominent IT System Solutions by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Prominent IT System Solutions Private Limited
Prominent IT System Solutions Private Limited is audited by P R RATHI & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P R RATHI & 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 Prominent IT System Solutions Private Limited
Prominent IT System Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Sureshrao Ashturkar | Director | 26 Nov 2019 | 6 Years 10 Months | Current |
| Smita Vivek Ashturkar | Director | 26 Nov 2019 | 6 Years 10 Months | Current |
Ownership and Shareholding of Prominent IT System Solutions 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 Prominent IT System Solutions Private Limited
Prominent IT System Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Prominent IT System Solutions Private Limited
Prominent IT System Solutions operates one associated brand: Prominent IT Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers cloud-based business management applications tailored for the hospitality sector. | prominentitsolutions.in |
Employees and EPFO Compliance at Prominent IT System Solutions Private Limited
Prominent IT System Solutions Private Limited has a workforce of 4 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 Prominent IT System Solutions Private Limited
Prominent IT System Solutions Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Smita Vivek Ashturkar was appointed as Director on 26 Nov 2019.
Credit Ratings, Litigation & Regulatory Alerts for Prominent IT System Solutions 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 Prominent IT System Solutions 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 Prominent IT System Solutions 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 Prominent IT System Solutions Private Limited
Prominent IT System Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCP8994M1Z9 | Maharashtra | Active | 19 Dec 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 Prominent IT System Solutions 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 Prominent IT System Solutions Private Limited
Prominent IT System Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 26 November 2019 (7+ years old) and is registered under CIN U72900PN2019PTC188043.
Prominent IT System Solutions reported revenue of ₹70.46 Lakh for FY 2024 (down 21% YoY).
Prominent IT System Solutions has 2 current directors:
- Vivek Sureshrao Ashturkar - Director
- Smita Vivek Ashturkar - Director
Prominent IT System Solutions reported a net profit of ₹3.08 Lakh (net margin 4.4%) and EBITDA of ₹4.51 Lakh (EBITDA margin 6.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Prominent IT System Solutions is -3% over three years. In the latest year (FY 2024) revenue fell 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Prominent IT System Solutions is 27AAKCP8994M1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Prominent IT System Solutions is U72900PN2019PTC188043. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prominent IT System Solutions was incorporated on 26 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Prominent IT System Solutions by revenue are Crypticscubes Technologies Private Limited, Mediaions IT Solutions (OPC) Private Limited, Touchpoints Solutions Private Limited, Virtua Technologies India Private Limited, Ihd Technology Consultant Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Smita Vivek Ashturkar was appointed as Director on 26 Nov 2019. Vivek Sureshrao Ashturkar was appointed as Director on 26 Nov 2019.
Prominent IT System Solutions can be reached through the website prominentitsolutions.in. Its registered office is in Pune, Maharashtra, India.