About Prosrent Technologies Private Limited
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Prosrent Technologies Private Limited is a foreign private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 23 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020FTC140127. Its GSTIN is 29AALCP5271G1Z1 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.01 Lakh. It is led by directors Manickam Balamurugan and Ahmed Salah.
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 No – 104 1st Floor Spandana Pearl Near Comfold Showroom Hsr Layout Sec – 6, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.8 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹15.99 Lakh (net margin 8.9%) and EBITDA of ₹21.69 Lakh (EBITDA margin 12%).
The company has about 3 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website prosrent.com.
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- Registered AddressNo – 104 1st Floor Spandana Pearl Near Comfold Showroom Hsr Layout Sec – 6, Bangalore, Karnataka, India – 560034
- 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 Prosrent Technologies Private Limited
The main business activity of Prosrent Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 Prosrent Technologies Private Limited FY 2023 filings available
Prosrent Technologies Private Limited reported revenue of ₹1.8 Cr (up 439% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Prosrent Technologies Private Limited
Revenue rose 439% in the latest year. EBITDA rose 434% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Prosrent Technologies Private Limited
| Metrics | 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 | ₹21.69 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹15.99 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 Prosrent Technologies Private Limited
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 12% | •••• |
| Net Profit Margin | 8.9% | •••• |
| 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 Prosrent Technologies are in the company report.
Financial statements from FY 2021
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 Prosrent Technologies Private Limited
Prosrent Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Appfabs Innovation Private Limited | •••• | •••• | •••• | •••• | 19 | Thrissur, Kerala, India |
| SH Ni League Consultancy and Solutions Private Limited | •••• | •••• | •••• | •••• | - | Durg, Chattisgarh, India |
| Itechline4u Services & Marketing Solutions Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Zanec Soft Tech Private Limited | •••• | •••• | •••• | •••• | 12 | Chennai, Tamil Nadu, India |
| Madhyamam Technologies Limited | •••• | •••• | •••• | •••• | - | Calicut, Kerala, India |
| Prosrent Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Johnbhai Softcom Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Giga Soft Systems Private Limited | •••• | •••• | •••• | •••• | - | Narsinghpur, Haryana, India |
| Digital Techcrafters Private Limited | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
| Sparkwork Software Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Semusi Technologies Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
Peers are the five companies nearest above and the five nearest below Prosrent Technologies by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Prosrent Technologies Private Limited
Prosrent Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manickam Balamurugan | Director | 23 Oct 2020 | 5 Years 11 Months | Current |
| Ahmed Salah | Director | 23 Oct 2020 | 5 Years 11 Months | Current |
Charges & Borrowings of Prosrent Technologies Private Limited
Prosrent Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Prosrent Technologies Private Limited
Employment history and EPFO contributions of people linked to Prosrent Technologies.
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 Prosrent Technologies Private Limited
Prosrent Technologies Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Ahmed Salah was appointed as Director on 23 Oct 2020.
Credit Ratings, Litigation & Regulatory Alerts for Prosrent Technologies 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 Prosrent Technologies 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 Prosrent Technologies 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 Prosrent Technologies Private Limited
Prosrent Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCP5271G1Z1 | Karnataka | Active | 10 Mar 2021 |
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 Prosrent Technologies 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 Prosrent Technologies Private Limited
Prosrent Technologies is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 23 October 2020 (6+ years old) and is registered under CIN U72900KA2020FTC140127.
Prosrent Technologies reported revenue of ₹1.8 Cr for FY 2022 (up 439% YoY).
Prosrent Technologies has 2 current directors:
- Manickam Balamurugan - Director
- Ahmed Salah - Director
Prosrent Technologies reported a net profit of ₹15.99 Lakh (net margin 8.9%) and EBITDA of ₹21.69 Lakh (EBITDA margin 12%) for FY 2022, as per its filed financial statements.
The GSTIN of Prosrent Technologies is 29AALCP5271G1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Prosrent Technologies is U72900KA2020FTC140127. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prosrent Technologies was incorporated on 23 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Prosrent Technologies by revenue are Appfabs Innovation Private Limited, SH Ni League Consultancy and Solutions Private Limited, Itechline4u Services & Marketing Solutions Private Limited, Zanec Soft Tech Private Limited, Madhyamam Technologies Limited and 5 more, all in the Information Technology industry (Application Development).
Ahmed Salah was appointed as Director on 23 Oct 2020. Manickam Balamurugan was appointed as Director on 23 Oct 2020.
Prosrent Technologies can be reached through the website prosrent.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Prosrent Technologies is at No – 104 1st Floor Spandana Pearl Near Comfold Showroom Hsr Layout Sec – 6, Bangalore, Karnataka, India – 560034.