About Prosift Enterprises Private Limited
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Prosift Enterprises Private Limited is a foreign private limited company based in Chennai, Tamil Nadu, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 29 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2020FTC134085. Its GSTIN is 33AALCP0195M1Z2 (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Santosh Umapathy and Venkatesan Kishorekumar.
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 Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.41 Lakh, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹25.67 Lakh (net margin -119.9%) and EBITDA of -₹19.51 Lakh (EBITDA margin -91.1%).
The company is associated with 1 brand: Prosift. As per MCA filings, the company has open charges of ₹17.65 Lakh on record.
For more details, the company can be reached via its website prosift.com.
Company details
Contact details
Prosift Enterprises Private Limited's registered office is in Chennai, Tamil Nadu. Its website is prosift.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.2 2nd Floor Shreeji Metropolis, No.7 7th Cross Street Shenoy Nagar West, Chennai, Tamil Nadu, India – 600030
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Prosift Enterprises 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
Prosift Enterprises operates one associated brand: Prosift. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive services in offshore windmill technology, procurement, and management consulting. | prosift.com |
Business activity
The main business activity of Prosift Enterprises is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Prosift Enterprises Private Limited, buy the company report.
Financials of Prosift Enterprises Private Limited
FY 2024 filings availableProsift Enterprises Private Limited reported revenue of ₹21.41 Lakh (down 37% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 37% in the latest year. EBITDA fell 309% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹19.51 Lakh | ||||
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| Net Profit (PAT) | -₹25.67 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -91.1% | ||||
| Net Profit Margin | -119.9% | ||||
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To see the full financial statements and ratios of Prosift Enterprises Private Limited, buy the company report.
Board of directors of Prosift Enterprises Private Limited
Prosift Enterprises has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatesan Kishorekumar | Additional Director | 22 Apr 2024 | 2 Years 6 Months | Current |
| Santosh Umapathy | Director | 29 Jan 2020 | 6 Years 8 Months | Current |
Auditor
Prosift Enterprises Private Limited is audited by G BALU ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G BALU ASSOCIATES LLP | FY 2023 | 000376S/S200073 |
Shareholding
The shareholding of Prosift Enterprises Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Prosift Enterprises Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jan 2022 | 100551390 | Hdfc Bank Limited | ₹17.65 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Prosift Enterprises 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 Prosift Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prosift Enterprises has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AALCP0195M1Z2 | Tamil Nadu | Active | 27 Jul 2020 |
To see the full GST registrations and return filing status of Prosift Enterprises Private Limited, buy the company report.
Recent activity
Prosift Enterprises Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Ravichandr Pradeep Kumar ceased to be Director on 24 Jun 2024.
Frequently asked questions
Prosift Enterprises is an active foreign private limited company based in Chennai, Tamil Nadu, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 29 January 2020 (6+ years old) and is registered under CIN U74999TN2020FTC134085.
Prosift Enterprises has 2 current directors:
- Venkatesan Kishorekumar - Additional Director
- Santosh Umapathy - Director
The latest financial statements of Prosift Enterprises 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 2020 are in the company report.
The GSTIN of Prosift Enterprises is 33AALCP0195M1Z2, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Prosift Enterprises is U74999TN2020FTC134085. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prosift Enterprises was incorporated on 29 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.
Ravichandr Pradeep Kumar ceased to be Director on 24 Jun 2024. Venkatesan Kishorekumar was appointed as Additional Director on 22 Apr 2024. Santosh Umapathy was appointed as Director on 29 Jan 2020.
Prosift Enterprises can be reached through the website prosift.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Prosift Enterprises is at No.2 2nd Floor Shreeji Metropolis, No.7 7th Cross Street Shenoy Nagar West, Chennai, Tamil Nadu, India – 600030.
Prosift Enterprises operates in the business outsourcing industry, in the business and IT consulting segment.