Prosurge Advisors Private Limited
About Prosurge Advisors Private Limited
Data last updated:
Prosurge Advisors 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 IT consulting and support services segment of the technology and IT services sector. It was incorporated on 26 March 2014.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70200MH2014PTC255055. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹18 Lakh and a paid-up capital of ₹14.98 Lakh. It was led by directors Pratik Ashok Singhania and Ashok Singhania Banwarilal.
Its last annual general meeting (AGM) was held on 02 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹3.56 Cr. For the same year it recorded a net loss of ₹3.68 Cr (net margin -103.3%) and EBITDA of -₹49.5 Lakh (EBITDA margin -13.9%).
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹1.22 Cr on record.
Company details
CIN history
Prosurge Advisors has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U70200MH2014PTC255055, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70200MH2014PTC255055 | Current |
| U72100MH2014PTC255055 | Previous |
| U60300MH2014PTC255055 | Previous |
Contact details
Prosurge Advisors Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address9 Shree Sahyadri Chs Ltd S V Road, Opp Bajaj Hall Nr. Sarvodya Balika Viday, Mumbai, Maharashtra, India – 400064
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Prosurge Advisors 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
Financials of Prosurge Advisors Private Limited
FY 2024 filings availableProsurge Advisors Private Limited reported revenue of ₹3.56 Cr for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹3.56 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹49.5 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹3.68 Cr | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -13.9% | ||
| Net Profit Margin | -103.3% | ||
| 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 | |||
To see the full financial statements and ratios of Prosurge Advisors Private Limited, buy the company report.
Board of directors of Prosurge Advisors Private Limited
Prosurge Advisors has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pratik Ashok Singhania | Director | 29 Jan 2024 | 2 Years 8 Months | As last reported |
| Ashok Singhania Banwarilal Also directs: Prosurge Advisors LLP, Includexi LLP | Director | 29 Jan 2024 | 2 Years 8 Months | As last reported |
Auditor
Prosurge Advisors Private Limited is audited by NISHANT SONI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NISHANT SONI & ASSOCIATES | FY 2017 | 149316 |
Shareholding
The shareholding of Prosurge Advisors Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Prosurge Advisors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 2014 | 10540409 | Axis Bank Limited | ₹1.22 Cr | Satisfied |
To see the full charge records of Prosurge Advisors Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Prosurge Advisors 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 Prosurge Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prosurge Advisors has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Prosurge Advisors Private Limited, buy the company report.
Recent activity
Prosurge Advisors Private Limited has 7 board changes on record since 2017: 2 appointments and 5 cessations. The latest: Ashok Singhania Banwarilal ceased to be Additional Director on 01 Sep 2024.
Frequently asked questions
Prosurge Advisors 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.
Prosurge Advisors was a private limited company based in Mumbai, Maharashtra, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 26 March 2014 and is registered under CIN U70200MH2014PTC255055. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Prosurge Advisors is U70200MH2014PTC255055. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prosurge Advisors had 2 directors:
- Pratik Ashok Singhania - Director
- Ashok Singhania Banwarilal - Director
Prosurge Advisors was incorporated on 26 March 2014. It is registered with the Registrar of Companies, Mumbai.
The registered office of Prosurge Advisors is at 9 Shree Sahyadri Chs Ltd S V Road, Opp Bajaj Hall Nr. Sarvodya Balika Viday, Mumbai, Maharashtra, India – 400064.
The latest financial statements of Prosurge Advisors on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 02 September 2024. Year-wise statements from 2015 are in the company report.
No. Prosurge Advisors has 1 GST registration on record and it is cancelled or inactive.
Prosurge Advisors operated in the information technology industry, in the IT consulting and support services segment.
Ashok Singhania Banwarilal ceased to be Additional Director on 01 Sep 2024. Pratik Ashok Singhania ceased to be Additional Director on 01 Sep 2024. Priti Rahul Sekhsaria ceased to be Director on 30 Jan 2024. Prosurge Advisors has 7 board changes on record in total.