
About Prorata Technologies Private Limited
Data last updated:
Prorata Technologies Private Limited is a private limited company based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the online automotive platforms segment of the e-commerce sector. It was incorporated on 28 March 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022PTC159339. Its GSTIN is 29AAMCP7665D1ZW (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹11.11 Lakh. It is led by directors Rashmi Jain and Sanjeev Kumar Jain.
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 We Work Residency 43 Residency Road, Bengaluru, Karnataka, India – 560025.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.45 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹39.17 Lakh and EBITDA of -₹38.37 Lakh.
The company is associated with 1 brand: Prorata. The company has 2 deals on record (1 funding round, 1 debt financing), with disclosed funding of ₹1 Cr; the latest was in March 2024.
For more details, the company can be reached via its website proratacar.com.
Company details
Recognitions & Rankings of Prorata Technologies
Contact details
Prorata Technologies Private Limited's registered office is in Bengaluru, Karnataka. Its website is proratacar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressWe Work Residency 43 Residency Road, Bengaluru, Karnataka, India – 560025
- IndustryE-Commerce, Online Automotive Platforms
To see the full contact details of Prorata 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
Brands
Prorata Technologies operates one associated brand: Prorata. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online car ownership platform | proratacar.com |
Business activity
The main business activity of Prorata Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Prorata Technologies Private Limited, buy the company report.
Financials of Prorata Technologies Private Limited
FY 2024 filings availableProrata Technologies Private Limited reported revenue of ₹4.45 Lakh (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year. EBITDA rose 66% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | -₹38.37 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹39.17 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| 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 | |||
To see the full financial statements and ratios of Prorata Technologies Private Limited, buy the company report.
Board of directors of Prorata Technologies Private Limited
Prorata Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rashmi Jain | Director | 28 Mar 2022 | 4 Years 6 Months | Current |
| Sanjeev Kumar Jain Also directs: Prorata Market Research LLP, Prorata Service Tech LLP, Prorata Growth Management LLP and 2 more | Director | 28 Mar 2022 | 4 Years 6 Months | Current |
Auditor
Prorata Technologies Private Limited is audited by PRADIP AGRAWAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRADIP AGRAWAL & CO. | FY 2023 | 326252E |
Shareholding
The shareholding of Prorata Technologies Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Prorata Technologies Private Limited, buy the company report.
Deals & funding
Prorata Technologies Private Limited has 2 deals on record (1 funding round, 1 debt financing), with disclosed funding of ₹1 Cr; the latest was in March 2024.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Funding round | ₹50 Lakh | Investors: 2 individuals |
| Mar 2024 | Debt financing | ₹50 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Prorata 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 Prorata Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prorata Technologies Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Prorata Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCP7665D1ZW | Karnataka | Active | 17 Aug 2022 |
To see the full GST registrations and return filing status of Prorata Technologies Private Limited, buy the company report.
Recent activity
Prorata Technologies Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Rashmi Jain was appointed as Director on 28 Mar 2022.
Frequently asked questions
Prorata Technologies is an active private limited company based in Bengaluru, Karnataka, India. The company works in online automotive platforms, within the e-commerce industry. It was incorporated on 28 March 2022 (4+ years old) and is registered under CIN U72900KA2022PTC159339.
Prorata Technologies has 2 current directors:
- Rashmi Jain - Director
- Sanjeev Kumar Jain - Director
The latest financial statements of Prorata Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Prorata Technologies is 29AAMCP7665D1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Prorata Technologies is U72900KA2022PTC159339. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prorata Technologies was incorporated on 28 March 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
Prorata Technologies has 2 deals on record (1 funding round, 1 debt financing), with disclosed funding of ₹1 Cr; the latest was in March 2024.
Rashmi Jain was appointed as Director on 28 Mar 2022. Sanjeev Kumar Jain was appointed as Director on 28 Mar 2022.
Yes, Prorata Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Prorata Technologies can be reached through the website proratacar.com. Its registered office is in Bengaluru, Karnataka, India.