Pronovate Technologies Private Limited
About Pronovate Technologies Private Limited
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Pronovate Technologies Private Limited was a private limited company based in Noida, Uttar Pradesh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the corporate training and development segment of the education sector. It was incorporated on 06 September 2017.
The company was registered with the Registrar of Companies (ROC), Kanpur, under CIN U72900UP2017PTC096695. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹14 Lakh and a paid-up capital of ₹13.3 Lakh. It was led by directors including Sonal Bhutani and Rohan Mital.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at House No. 324 Sector 28 Arunvihar Noida Gautam Buddha Nagar, Uttar Pradesh, India – 201301.
As per the financials filed for FY 2023, the company reported a revenue of ₹29,400. For the same year it recorded a net loss of ₹32,800 (net margin -111.6%) and EBITDA of -₹15,600 (EBITDA margin -53.1%). Revenue has declined at a compounded annual rate (CAGR) of 68% over three years and 38% over five years.
Company details
Contact details
Pronovate Technologies Private Limited's registered office is in Noida, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHouse No. 324 Sector 28 Arunvihar Noida Gautam Buddha Nagar, Uttar Pradesh, India – 201301
- IndustryEducation, Corporate Training & Development
To see the full contact details of Pronovate Technologies 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
Financials of Pronovate Technologies Private Limited
FY 2023 filings availablePronovate Technologies Private Limited reported revenue of ₹29,400 for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years. EBITDA rose 51% 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
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| EBITDA | -₹15,600 | ||||
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| Net Profit (PAT) | -₹32,800 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | -53.1% | ||||
| Net Profit Margin | -111.6% | ||||
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To see the full financial statements and ratios of Pronovate Technologies Private Limited, buy the company report.
Board of directors of Pronovate Technologies Private Limited
Pronovate Technologies has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sonal Bhutani | Director | 06 Sep 2017 | 9 Years 1 Months | As last reported |
| Rohan Mital Also directs: Creative Clutch Private Limited | Director | 06 Sep 2017 | 9 Years 1 Months | As last reported |
| Sanjiv Mital Also directs: Royal Datamatics Private Limited, Homekraft Infra Private Limited, Infozech Software Private Limited and 2 more | Director | 11 Oct 2017 | 9 Years 0 Months | As last reported |
Auditor
Pronovate Technologies Private Limited is audited by Ravish Agrawal & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ravish Agrawal & Associates | FY 2022 | 014924N |
Shareholding
The shareholding of Pronovate Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
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To see the full shareholding pattern of Pronovate Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Pronovate Technologies 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 Pronovate Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pronovate Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Pronovate Technologies Private Limited, buy the company report.
Recent activity
Pronovate Technologies Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Sanjiv Mital ceased to be Additional Director on 29 Dec 2018.
Frequently asked questions
Pronovate Technologies has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Pronovate Technologies was a private limited company based in Noida, Uttar Pradesh, India. The company worked in corporate training and development, within the education industry. It was incorporated on 06 September 2017 and is registered under CIN U72900UP2017PTC096695. The company has been struck off by the Registrar of Companies and is no longer operational.
Pronovate Technologies had 3 directors:
- Sonal Bhutani - Director
- Rohan Mital - Director
- Sanjiv Mital - Director
The CIN (Corporate Identification Number) of Pronovate Technologies is U72900UP2017PTC096695. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Pronovate Technologies is at House No. 324 Sector 28 Arunvihar Noida Gautam Buddha Nagar, Uttar Pradesh, India – 201301.
Pronovate Technologies was incorporated on 06 September 2017. It is registered with the Registrar of Companies, Kanpur.
The latest financial statements of Pronovate Technologies on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
No. Pronovate Technologies has 1 GST registration on record and it is cancelled or inactive.
Pronovate Technologies operated in the education industry, in the corporate training and development segment. It worked in this industry before it was struck off.
Sanjiv Mital ceased to be Additional Director on 29 Dec 2018. Sanjiv Mital was appointed as Director on 11 Oct 2017. Rohan Mital was appointed as Director on 06 Sep 2017. Pronovate Technologies has 4 board changes on record in total.