About Prosimo.Io India Private Limited
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Prosimo.Io India Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 10 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC140894. Its GSTIN is 29AALCP5840K1ZT (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajeev Kumar Koripalli and Nehal Bhau Satishbhai.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at #89 Ground Floor 7th Cross 16A Main 4B Block Koramangala, Bengaluru, Karnataka, India – 560034.
As per the financials filed for FY 2023, the company reported a revenue of ₹12.4 Cr, a growth of 96% compared to the previous year. For the same year it recorded a net profit of ₹1.41 Cr (net margin 11.4%) and EBITDA of ₹2.05 Cr (EBITDA margin 16.5%).
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Prosimo.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prosimo.io.
Company details
Contact details
Prosimo.Io India Private Limited's registered office is in Bengaluru, Karnataka. Its website is prosimo.io. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address#89 Ground Floor 7th Cross 16A Main 4B Block Koramangala, Bengaluru, Karnataka, India – 560034
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Prosimo.Io India 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
Prosimo.Io India operates one associated brand: Prosimo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Autonomous multi-cloud networking solutions are provided for distributed enterprises. | prosimo.io |
Business activity
The main business activity of Prosimo.Io India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Prosimo.Io India Private Limited, buy the company report.
Financials of Prosimo.Io India Private Limited
FY 2023 filings availableProsimo.Io India Private Limited reported revenue of ₹12.4 Cr (up 96% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 96% in the latest year. EBITDA rose 93% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | ₹2.05 Cr | ||
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| Net Profit (PAT) | ₹1.41 Cr | ||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 16.5% | ||
| Net Profit Margin | 11.4% | ||
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To see the full financial statements and ratios of Prosimo.Io India Private Limited, buy the company report.
Board of directors of Prosimo.Io India Private Limited
Prosimo.Io India 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 |
|---|---|---|---|---|
| Rajeev Kumar Koripalli | Director | 10 Nov 2020 | 6 Years 0 Months | Current |
| Nehal Bhau Satishbhai | Director | 02 Jun 2023 | 3 Years 5 Months | Current |
Peer comparison
Prosimo.Io India Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cloud Energy Software Private Limited | ₹12.48 Cr (FY 2023) | 45.0% | Mumbai, Maharashtra, India | |||
| Sen-Sei Technologies Private Limited | ₹12.42 Cr (FY 2025) | 30.0% | Bangalore, Karnataka, India | |||
| Visilean India Private Limited | ₹12.41 Cr (FY 2025) | 29.0% | Ahmedabad, Gujarat, India | |||
| Prosimo.Io India Private Limitedthis company | ₹12.4 Cr (FY 2023) | ₹1.41 Cr | 11.4% | 96.0% | Bengaluru, Karnataka, India | |
| Microtech IT Systems Private Limited | ₹12.36 Cr (FY 2024) | 17.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Prosimo.Io India Private Limited, buy the company report.
Auditor
Prosimo.Io India Private Limited is audited by S S V M & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S V M & CO | FY 2021 | 011363S |
Shareholding
The shareholding of Prosimo.Io India Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Prosimo.Io India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Prosimo.Io India 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 Prosimo.Io India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prosimo.Io India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCP5840K1ZT | Karnataka | Active | 03 Dec 2020 |
To see the full GST registrations and return filing status of Prosimo.Io India Private Limited, buy the company report.
Recent activity
Prosimo.Io India Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Raghunandan Ramakrishna ceased to be Director on 27 Nov 2023.
News
Frequently asked questions
Prosimo.Io India is an active private limited company based in Bengaluru, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 10 November 2020 (6+ years old) and is registered under CIN U72900KA2020PTC140894.
Prosimo.Io India has 2 current directors:
- Rajeev Kumar Koripalli - Director
- Nehal Bhau Satishbhai - Director
The latest financial statements of Prosimo.Io India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Prosimo.Io India is 29AALCP5840K1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Prosimo.Io India is U72900KA2020PTC140894. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prosimo.Io India was incorporated on 10 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Prosimo.Io India by revenue are Cloud Energy Software Private Limited, Sen-Sei Technologies Private Limited, Visilean India Private Limited, Microtech IT Systems Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
Raghunandan Ramakrishna ceased to be Director on 27 Nov 2023. Nehal Bhau Satishbhai was appointed as Director on 02 Jun 2023. Raghunandan Ramakrishna was appointed as Director on 10 Nov 2020. Prosimo.Io India has 4 board changes on record in total.
Prosimo.Io India can be reached through the website prosimo.io. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Prosimo.Io India is at #89 Ground Floor 7th Cross 16A Main 4B Block Koramangala, Bengaluru, Karnataka, India – 560034.
Prosimo.Io India operates in the information technology industry, in the application development and software solutions segment.
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