About Prominere Software Solutions Private Limited
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Prominere Software Solutions Private Limited is a private limited company based in Kakinada, Andhra Pradesh, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 25 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72200AP2009PTC064138. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Bhanu Kiran Ponnada and Peddisetty Naga Venkata Suresh.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at D.No.9 – 183/2 Beside Savitha Hospital Near Ramanayyapeta Market, Kakinada, Andhra Pradesh, India – 533005.
As per the financials filed for FY 2020, the company reported a revenue of ₹56.27 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹5.33 Lakh (net margin -9.5%) and EBITDA of -₹1.12 Lakh (EBITDA margin -2%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 19% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Prominere. As per MCA filings, the company has open charges of ₹37.68 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prominere.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressD.No.9 – 183/2 Beside Savitha Hospital Near Ramanayyapeta Market, Kakinada, Andhra Pradesh, India – 533005
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Prominere Software Solutions Private Limited
The main business activity of Prominere Software 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 | J6 | 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 Prominere Software Solutions Private Limited FY 2020 filings available
Prominere Software Solutions Private Limited reported revenue of ₹56.27 Lakh (up 4% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Prominere Software Solutions Private Limited
Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 19%. EBITDA fell 119% 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 Prominere Software Solutions Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹56.27 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.12 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.33 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Prominere Software Solutions Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -9.5% | •••• | •••• | •••• | •••• |
| 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 Prominere Software Solutions are in the company report.
Financial statements from 2015
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 Prominere Software Solutions Private Limited
Prominere Software Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cyber Goods Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Leonz Technologiees Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| E-Planet Infosystem India Private Limited | •••• | •••• | •••• | •••• | - | Bhopal, Madhya Pradesh, India |
| Iassure International Technologies Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Netpro Software Systems Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Prominere Software Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Kakinada, Andhra Pradesh, India |
| Masterit Software Solutions and Services Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Abacus Software Services Pvt Ltd | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Mindgrep Technologies Private Limited | •••• | •••• | •••• | •••• | - | Dadri, Uttar Pradesh, India |
| Sai Paramount IT Solutions Private Limited | •••• | •••• | •••• | •••• | - | Bhubaneswar, Orissa, India |
| Tesrakt Cloud Technologies Private Limited | •••• | •••• | •••• | •••• | - | Mohali, Punjab, India |
Peers are the five companies nearest above and the five nearest below Prominere Software Solutions by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Prominere Software Solutions Private Limited
Prominere Software Solutions Private Limited is audited by K P G & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K P G & CO | 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 Prominere Software Solutions Private Limited
Prominere Software Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhanu Kiran Ponnada | Director | 25 Jun 2009 | 17 Years 3 Months | Current |
| Peddisetty Naga Venkata Suresh | Director | 25 Jun 2009 | 17 Years 3 Months | Current |
| Veeranath Macharla | Director | 25 Jun 2009 | 17 Years 3 Months | Current |
Ownership and Shareholding of Prominere Software 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 Prominere Software Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Nov 2012 | State Bank of India | ₹37.68 Lakh | Open |
Total charge records: 1 View all charges
Associated Brands with Prominere Software Solutions Private Limited
Prominere Software Solutions operates one associated brand: Prominere. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides design, development, marketing, and digital solutions for clients worldwide. | prominere.com |
Employees and EPFO Compliance at Prominere Software Solutions Private Limited
Prominere Software Solutions Private Limited has a workforce of 4 employees as of Mar 28, 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 Prominere Software Solutions Private Limited
Prominere Software Solutions Private Limited has 3 board changes on record since 2009: 3 appointments. The latest: Bhanu Kiran Ponnada was appointed as Director on 25 Jun 2009.
Credit Ratings, Litigation & Regulatory Alerts for Prominere Software 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 Prominere Software 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 Prominere Software 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 Prominere Software Solutions Private Limited
Prominere Software Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Prominere Software 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 Prominere Software Solutions Private Limited
Prominere Software Solutions is an active private limited company based in Kakinada, Andhra Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 25 June 2009 (17+ years old) and is registered under CIN U72200AP2009PTC064138.
Prominere Software Solutions reported revenue of ₹56.27 Lakh for FY 2020 (up 4% YoY).
Prominere Software Solutions has 3 current directors:
- Bhanu Kiran Ponnada - Director
- Peddisetty Naga Venkata Suresh - Director
- Veeranath Macharla - Director
Prominere Software Solutions reported a net loss of ₹5.33 Lakh (net margin -9.5%) and EBITDA of -₹1.12 Lakh (EBITDA margin -2%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Prominere Software Solutions is -29% over three years and -19% over five years. In the latest year (FY 2020) revenue rose 4%. CAGR is the steady yearly rate that links the first and the last year.
No. Prominere Software Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Prominere Software Solutions is U72200AP2009PTC064138. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prominere Software Solutions was incorporated on 25 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Prominere Software Solutions by revenue are Cyber Goods Private Limited, Leonz Technologiees Private Limited, E-Planet Infosystem India Private Limited, Iassure International Technologies Private Limited, Netpro Software Systems Private Limited and 5 more, all in the Information Technology industry (Application Development).
Bhanu Kiran Ponnada was appointed as Director on 25 Jun 2009. Peddisetty Naga Venkata Suresh was appointed as Director on 25 Jun 2009. Veeranath Macharla was appointed as Director on 25 Jun 2009.
Prominere Software Solutions can be reached through the website prominere.com. Its registered office is in Kakinada, Andhra Pradesh, India.