Proserve Solutions (India ) Private Limited
About Proserve Solutions (India ) Private Limited
Data last updated:
Proserve Solutions (India ) Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 26 March 2002.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2002PTC135287. Its GSTIN is 07AACCP8606J1Z8 (Delhi). The company held 3 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹1.41 Cr and a paid-up capital of ₹1.41 Cr.
Its last annual general meeting (AGM) was held on 09 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 102 Wellington Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹9.16 Lakh, a growth of 10% compared to the previous year. For the same year it recorded a net loss of ₹7.49 Lakh (net margin -81.8%) and EBITDA of -₹1.16 Lakh (EBITDA margin -12.7%). Revenue has declined at a compounded annual rate (CAGR) of 18% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address102 Wellington Business Park – 1 Off. Andheri Kurla Road Marol Naka Andh, Eri East, Mumbai, Maharashtra, India – 400059
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- 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 Proserve Solutions (India ) Private Limited
The main business activity of Proserve Solutions (India ) is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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.
Auditor Details of Proserve Solutions (India ) Private Limited
Proserve Solutions (India ) Private Limited is audited by KISHAN SETH & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KISHAN SETH & 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 Proserve Solutions (India ) Private Limited
Proserve Solutions (India ) has 6 former directors on record and no current directors listed.
Financials of Proserve Solutions (India ) Private Limited FY 2021 filings available
Proserve Solutions (India ) Private Limited reported revenue of ₹9.16 Lakh (up 10% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Proserve Solutions (India ) Private Limited
Revenue rose 10% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 18%. EBITDA fell 303% 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 Proserve Solutions (India ) Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹9.16 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.16 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7.49 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 Proserve Solutions (India ) Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -12.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -81.8% | •••• | •••• | •••• | •••• |
| 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 Proserve Solutions (India ) 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.
Ownership and Shareholding of Proserve Solutions (India ) 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 Proserve Solutions (India ) Private Limited
Proserve Solutions (India ) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Proserve Solutions (India ) Private Limited
Proserve Solutions (India ) Private Limited has a workforce of 2 employees as of Mar 22, 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.
GST Compliance of Proserve Solutions (India ) Private Limited
Proserve Solutions (India ) has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCP8606J1Z8 | Delhi | 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.
Credit Ratings, Litigation & Regulatory Alerts for Proserve Solutions (India ) 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 Proserve Solutions (India ) 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 Proserve Solutions (India ) 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.
MCA Filings & Documents of Proserve Solutions (India ) 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.
Recent Activity on Proserve Solutions (India ) Private Limited
Frequently Asked Questions about Proserve Solutions (India ) Private Limited
Proserve Solutions (India ) has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Proserve Solutions (India ) was a private limited company based in Mumbai, Maharashtra, India. The company worked in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 26 March 2002 and is registered under CIN U72200MH2002PTC135287. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Proserve Solutions (India ) is U72200MH2002PTC135287. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Proserve Solutions (India ) was incorporated on 26 March 2002. It is registered with the Registrar of Companies, Mumbai.
The registered office of Proserve Solutions (India ) is at 102 Wellington Business Park – 1 Off. Andheri Kurla Road Marol Naka Andh, Eri East, Mumbai, Maharashtra, India – 400059.
Proserve Solutions (India ) reported revenue of ₹9.16 Lakh for FY 2021 (up 10% YoY).
Proserve Solutions (India ) has an authorised share capital of ₹1.41 Cr and a paid-up capital of ₹1.41 Cr.
Proserve Solutions (India ) reported a net loss of ₹7.49 Lakh (net margin -81.8%) and EBITDA of -₹1.16 Lakh (EBITDA margin -12.7%) for FY 2021, as per its filed financial statements.
The GSTIN of Proserve Solutions (India ) is 07AACCP8606J1Z8, registered in Delhi. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.