Prosel Ventures Private Limited

Prosel Ventures Private Limited - home appliances in West Mambalam, Tamil Nadu, India. Directors, charges & compliance details.
CIN U52190TN2009PTC070719 Incorporated 12 February 2009 ROC Chennai HQ West Mambalam, Tamil Nadu, India
Pending Strike Off Private Limited Company home appliances
Data last updated
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings
Last financials
Mar 2010
Balance sheet date
Last AGM
30 Sep 2010
Annual general meeting
Company status
Under Process of Striking Off
MCA master data
Registrar
Chennai
ROC office

About Prosel Ventures Private Limited

Data last updated:

Prosel Ventures Private Limited is a private limited company based in West Mambalam, Tamil Nadu, India. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the general merchandise retail segment of the home appliances and consumer durables sector. It was incorporated on 12 February 2009.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U52190TN2009PTC070719.

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹3 Cr. It is led by directors Venkatraman Jayaraman and Kanniyan Udayaprakash.

Its last annual general meeting (AGM) was held on 30 September 2010, and its latest financial statements are for the year ended 31 March 2010. The registered office is at A – 1 Ground Floor Mahalakshmi Flats No.7 Jothiramalingam Street, West Mambalam, Tamil Nadu, India – 600033.

The company has 1 deal on record (1 acquisition); the latest was in September 2011.

Company details

CIN U52190TN2009PTC070719
Registration Number 070719
Incorporation Date 12 February 2009
ROC Chennai
Listing Status Unlisted
Company Status Under Process of Striking Off
Date of Last AGM 30 September 2010
Date of Balance Sheet 31 March 2010

Contact details

Prosel Ventures Private Limited's registered office is in West Mambalam, Tamil Nadu.

  • Registered Address
    A – 1 Ground Floor Mahalakshmi Flats No.7 Jothiramalingam Street, West Mambalam, Tamil Nadu, India – 600033
  • Industry
    Home Appliances, Non Specialized Stores, Retailers
Comprehensive company report
Prosel Ventures Private Limited - one report that includes everything
  • 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
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Financials of Prosel Ventures Private Limited

FY 2010 filings available

Financial Statement Summary

MetricsFY 2009-10
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
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Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2009-10
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
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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 Prosel Ventures Private Limited, buy the company report.

Board of directors of Prosel Ventures Private Limited

Prosel Ventures has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Venkatraman JayaramanDirector01 Sep 201115 Years 1 MonthsCurrent
Kanniyan UdayaprakashDirector05 Sep 201214 Years 1 MonthsCurrent

Deals & funding

Prosel Ventures Private Limited has 1 deal on record (1 acquisition); the latest was in September 2011.

Total deals
1
Acquisition
1

Deals on record (1 of 1)

WhenDealAmountParties
Sep 2011Acquisition₹34.44 CrBuyer: Edserv Softsystems Limited
Seller: Prosel Ventures Private Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Prosel Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Prosel Ventures Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Prosel Ventures Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Anandan Ranganathan ceased to be Director on 06 Sep 2012.

Ceased
Anandan Ranganathan ceased to be Director.
Appointed
Kanniyan Udayaprakash was appointed as Director.
Ceased
Suraj Giridharan ceased to be Director.
Ceased
Ramaseshan ceased to be Director.
Appointed
Venkatraman Jayaraman was appointed as Director.
Ceased
Subramanian Kumar Adith ceased to be Director.
AGM
Prosel Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2010 as per latest MCA records.
Filing
Prosel Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2010 with Roc Chennai.
Incorporation
12 Feb 2009
Prosel Ventures Private Limited was registered on 12 Feb 2009 with Roc Chennai & aged 17 years 8 months as per MCA records.

Frequently asked questions

Prosel Ventures is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.

Prosel Ventures is a company pending strike off, currently registered as a private limited company based in West Mambalam, Tamil Nadu, India. The company works in non specialized stores, within the home appliances industry. It was incorporated on 12 February 2009 and is registered under CIN U52190TN2009PTC070719. The company may be struck off soon - caution is advised.

Prosel Ventures has 2 current directors:

The CIN (Corporate Identification Number) of Prosel Ventures is U52190TN2009PTC070719. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Prosel Ventures was incorporated on 12 February 2009. It is registered with the Registrar of Companies, Chennai.

The registered office of Prosel Ventures is at A – 1 Ground Floor Mahalakshmi Flats No.7 Jothiramalingam Street, West Mambalam, Tamil Nadu, India – 600033.

The latest financial statements of Prosel Ventures on record with the MCA are for the year ended 31 March 2010. Its last annual general meeting was held on 30 September 2010. Year-wise statements from 2015 are in the company report.

Prosel Ventures operates in the home appliances industry, in the non specialized stores segment.

Prosel Ventures has 1 deal on record (1 acquisition); the latest was in September 2011.

Anandan Ranganathan ceased to be Director on 06 Sep 2012. Kanniyan Udayaprakash was appointed as Director on 05 Sep 2012. Suraj Giridharan ceased to be Director on 27 Dec 2011. Prosel Ventures has 6 board changes on record in total.