About Prosares Solutions Private Limited
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Prosares Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 23 September 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74210MH2002PTC137318. Its GSTIN is 27AADCP6358C1ZF (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pratima Rakesh Vajpai and Rakesh Shrikant Vajpai.
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 104 Acme Enclaveoff Link Road Goregaon (West), Mumbai, Maharashtra, India – 400062.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.17 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹4.52 Lakh (net margin 0.4%) and EBITDA of ₹37.77 Lakh (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 19% over five years.
The company has about 53 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Prosares. As per MCA filings, the company has open charges of ₹1 Cr 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 prosares.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address104 Acme Enclaveoff Link Road Goregaon (West), Mumbai, Maharashtra, India – 400062
- 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 Prosares Solutions Private Limited
The main business activity of Prosares Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Prosares Solutions Private Limited FY 2025 filings available
Prosares Solutions Private Limited reported revenue of ₹12.17 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Prosares Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 8% growth in the latest year. EBITDA rose 35% 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 Prosares Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹37.77 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.52 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 Prosares Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 Prosares 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 Prosares Solutions Private Limited
Prosares Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nestien Solutions Private Limited | ₹12.35 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Saahil Superstructure Private Limited | ₹12.27 Cr (FY 2025) | •••• | •••• | 86.0% | •••• | Mumbai, Maharashtra, India |
| Kadkraft Systems Private Limited | ₹12.23 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Chandigarh, India |
| Testing Mavens Software Private Limited | ₹12.22 Cr (FY 2024) | •••• | •••• | 89.0% | •••• | Ernakulam, Kerala, India |
| Maxify Digital Labs Private Limited | ₹12.18 Cr (FY 2025) | •••• | •••• | 78.0% | •••• | Gautam Buddha Nagar, Uttar Pradesh, India |
| Prosares Solutions Private Limited this company | ₹12.17 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Mumbai, Maharashtra, India |
| Ebot AI IT Solutions Private Limited | ₹12.16 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Bangalore, Karnataka, India |
| Tellius India Private Limited | ₹12.15 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Bangalore, Karnataka, India |
| Green Gate Infotech Private Limited | ₹12.13 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| Semsys Private Limited | ₹12.11 Cr (FY 2025) | •••• | •••• | 73.0% | •••• | Pune, Maharashtra, India |
| Akshay Software Technologies Private Limited | ₹12.1 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Navi Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Prosares Solutions by revenue in the Information Technology industry (Software Services), 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 Prosares Solutions Private Limited
Prosares Solutions Private Limited is audited by H & J ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H & J 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 Prosares Solutions Private Limited
Prosares Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pratima Rakesh Vajpai | Director | 23 Sep 2002 | 24 Years 0 Months | Current |
| Rakesh Shrikant Vajpai | Director | 23 Sep 2002 | 24 Years 0 Months | Current |
Ownership and Shareholding of Prosares 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 Prosares Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Oct 2024 | Others | ₹1 Cr | Open |
Total charge records: 1 View all charges
Associated Brands with Prosares Solutions Private Limited
Prosares Solutions operates one associated brand: Prosares. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides digital experiences, automation, and apps for business sectors. | prosares.com |
Employees and EPFO Compliance at Prosares Solutions Private Limited
Prosares Solutions Private Limited has a workforce of 53 employees as of May 20, 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 Prosares Solutions Private Limited
Prosares Solutions Private Limited has 2 board changes on record since 2002: 2 appointments. The latest: Pratima Rakesh Vajpai was appointed as Director on 23 Sep 2002.
Credit Ratings, Litigation & Regulatory Alerts for Prosares 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 Prosares 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 Prosares 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 Prosares Solutions Private Limited
Prosares Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCP6358C1ZF | Maharashtra | Active | 01 Jul 2017 |
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 Prosares 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 Prosares Solutions Private Limited
Prosares Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 23 September 2002 (24+ years old) and is registered under CIN U74210MH2002PTC137318.
Prosares Solutions reported revenue of ₹12.17 Cr for FY 2025 (up 8% YoY).
Prosares Solutions has 2 current directors:
- Pratima Rakesh Vajpai - Director
- Rakesh Shrikant Vajpai - Director
Prosares Solutions reported a net profit of ₹4.52 Lakh (net margin 0.4%) and EBITDA of ₹37.77 Lakh (EBITDA margin 3.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Prosares Solutions is 11% over three years and 19% over five years. In the latest year (FY 2025) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Prosares Solutions is 27AADCP6358C1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Prosares Solutions is U74210MH2002PTC137318. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prosares Solutions was incorporated on 23 September 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Prosares Solutions by revenue are Nestien Solutions Private Limited, Saahil Superstructure Private Limited, Kadkraft Systems Private Limited, Testing Mavens Software Private Limited, Maxify Digital Labs Private Limited and 5 more, all in the Information Technology industry (Software Services).
Pratima Rakesh Vajpai was appointed as Director on 23 Sep 2002. Rakesh Shrikant Vajpai was appointed as Director on 23 Sep 2002.
Prosares Solutions can be reached through the website prosares.com. Its registered office is in Mumbai, Maharashtra, India.