About Proto Developers and Technologies Limited
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Proto Developers and Technologies Limited is a public limited company based in Kanpur, Uttar Pradesh, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 10 May 1994.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN L24233UP1994PLC016444. The company has 1 GST registration on record, which is no longer active. It is recorded as listed by MCA, but its shares were delisted from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹39.53 Cr. It was formerly known as Proto Infosys Limited and Proto Infrastructure & Technologies Limited. It is led by directors including Vinod Kumar (Whole-Time Director) and Marrik Dirchi.
Its last annual general meeting (AGM) was held on 29 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 127/1/29 W – 1 Saket Nagar Kanpur Nagar, Uttar Pradesh, India – 208025.
As per the financials filed for FY 2015, the company reported a revenue of ₹218.32 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹8.85 Lakh (net margin 0%) and EBITDA of ₹85.19 Lakh (EBITDA margin 0.4%).
As per MCA filings, the company has open charges of ₹10.25 Cr on record. Court records list 27 cases involving the company, including 8 filed by the company and 19 filed against it; 7 cases are pending. The company has 44 deals on record (44 market trades); the latest was in June 2014. Its 10 peer companies in the Telecom industry (Software Services, Telecom Service Providers) are compared by revenue, 5 larger and 5 smaller; the largest is Zuora India Private Limited with revenue of ₹228.78 Cr.
The last known website on record is protodevelopers.co.in.
Company details
Name history
Proto Developers and Technologies has undergone 2 name changes throughout its history. The company was previously known as Proto Infosys Limited, and Proto Infrastructure & Technologies Limited. The current legal name is Proto Developers And Technologies Limited.
| Company Name | Status |
|---|---|
| Proto Developers and Technologies Limited | Current |
| Proto Infosys Limited | Previous |
| Proto Infrastructure & Technologies Limited | Previous |
CIN history
Proto Developers and Technologies has one previous CIN (Corporate Identification Number): U24233UP1994PTC016444. The current CIN is L24233UP1994PLC016444, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24233UP1994PLC016444 | Current |
| U24233UP1994PTC016444 | Previous |
Contact details
Proto Developers and Technologies Limited's registered office is in Kanpur, Uttar Pradesh. Its website is protodevelopers.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address127/1/29 W – 1 Saket Nagar Kanpur Nagar, Uttar Pradesh, India – 208025
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Proto Developers and Technologies 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 Proto Developers and Technologies Limited
FY 2015 filings availableProto Developers and Technologies Limited reported revenue of ₹218.32 Cr (up 15% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 15% in the latest year. EBITDA fell 2% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹218.32 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹85.19 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹8.85 Lakh |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
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| Total Assets | |
Financial Ratios
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 0.4% |
| Net Profit Margin | 0% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
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To see the full financial statements and ratios of Proto Developers and Technologies Limited, buy the company report.
Board of directors of Proto Developers and Technologies Limited
Proto Developers and Technologies has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Sharma Also directs: Rural Olympiad.Com LLP, Players Premium League LLP, Golden Gate Industries Limited and 3 more | Additional Director | 15 Apr 2019 | 7 Years 6 Months | As last reported |
| Marrik Dirchi | Director | 14 Nov 2013 | 12 Years 11 Months | As last reported |
| Rajni Sharma | Director | 14 May 2015 | 11 Years 5 Months | As last reported |
| Vinod Kumar Also directs: First Citizen Technologies Limited | Whole-Time Director | 30 Sep 2014 | 12 Years 0 Months | As last reported |
| Din Dayal Mangar | Director | 01 Oct 2015 | 11 Years 0 Months | As last reported |
Peer comparison
Proto Developers and Technologies Limited is compared with the 10 companies closest to it by revenue in the Telecom industry (Software Services, Telecom Service Providers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zuora India Private Limited | ₹228.78 Cr (FY 2025) | 12.0% | Chennai, Tamil Nadu, India | |||
| Precisely Software and Data India Private Limited | ₹228.38 Cr (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| Gigamon Solutions India Private Limited | ₹225.15 Cr (FY 2025) | 17.0% | Chennai, Tamil Nadu, India | |||
| DH Healthcare Software Services India Private Limited | ₹224.7 Cr (FY 2025) | -6.0% | Chennai, Tamil Nadu, India | |||
| Logix Infosecurity Private Limited | ₹221.45 Cr (FY 2023) | 38.0% | Navi Mumbai, Maharashtra, India | |||
| Proto Developers and Technologies Limitedthis company | ₹218.32 Cr (FY 2015) | ₹8.85 Lakh | 0% | 15.0% | Kanpur, Uttar Pradesh, India | |
| Relevantz Technology Services India Private Limited | ₹216.3 Cr (FY 2025) | 24.0% | Kanchipuram, Tamil Nadu, India | |||
| Seclore Technology Private Limited | ₹212.03 Cr (FY 2025) | 53.0% | Mumbai, Maharashtra, India | |||
| Vivaconnect Private Limited | ₹209.97 Cr (FY 2025) | -17.0% | Mumbai, Maharashtra, India | |||
| Agnext Technologies Private Limited | ₹202.26 Cr (FY 2024) | -48.0% | Mohali, Punjab, India | |||
| Mobileum Technologies Private Limited | ₹202.15 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Proto Developers and Technologies Limited, buy the company report.
Auditor
Proto Developers and Technologies Limited is audited by ASHOK SHYAM & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK SHYAM & ASSOCIATES | FY 2015 | 011223N |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2009 | 10187907 | Oriental Bank of Commerce | ₹7 Cr | Open | |
| 19 Sep 2007 | 10067203 | Bhw Home Finance Limited | ₹1.5 Cr | Open | |
| 19 Sep 2007 | 10067206 | Bhw Home Finance Limited | ₹1.75 Cr | Open |
Total charge records: 3 View all charges
Deals & funding
Proto Developers and Technologies Limited has 44 deals on record (44 market trades); the latest was in June 2014.
Deals on record (5 of 44)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2014 | Market trade | ₹8.4 Lakh | Buyer: Green Venture Securities Management Private Limited |
| Sep 2007 | Market trade | ₹51.1 Lakh | Seller: K H Infodot Private Limited , Kritika Metals Private Limited , an individual |
| Sep 2007 | Market trade | ₹62.7 Lakh | Buyer: Cherry Cosmetics Private Limited , Prabhudas Lilladher Private Limited , an individual Seller: Kritika Metals Private Limited , Prabhudas Lilladher Private Limited , Cherry Cosmetics Private Limited , an individual |
| Sep 2007 | Market trade | ₹9.9 Lakh | Seller: Kritika Metals Private Limited |
| Sep 2007 | Market trade | ₹82.3 Lakh | Buyer: Prabhudas Lilladher Private Limited , an individual Seller: Kritika Metals Private Limited , Prabhudas Lilladher Private Limited , 2 individuals |
To see the full deal history of Proto Developers and Technologies Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Proto Developers and Technologies Limited has 27 court cases on record: 8 filed by Proto Developers and Technologies, 19 filed against it. 7 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 12 | 6 |
| High courts | 10 | 6 | 1 |
| Supreme Court | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (OMP (ENF.) (COMM.)) | Filed against the company by Antriksh Realtech Pvt. Ltd. | Pending |
| NCLT, Allahabad | Insolvency matter | Filed against the company by Alfa Propbuild Private Limited and 2 others | Disposed |
| High Court of Delhi | Court case (FAO(OS) (COMM)) | Filed by the company against M/S Antriksh Realtech Pvt Ltd & Anr. | Disposed |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed by the company against M/S Antriksh Realtech Pvt Ltd & Anr. | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by Dewan Housing Finance Corporation Limited | Disposed |
To see the full case history of Proto Developers and Technologies Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Proto Developers and Technologies Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Proto Developers and Technologies Limited has 1 active EPFO establishment as of Mar 30, 2024.
GST
Proto Developers and Technologies 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 Proto Developers and Technologies Limited, buy the company report.
Recent activity
Proto Developers and Technologies Limited has 27 board changes on record since 1994: 16 appointments and 11 cessations. The latest: Piyush Sharma was appointed as Additional Director on 15 Apr 2019.
21 earlier events are in the company report.
Frequently asked questions
Proto Developers and Technologies is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Proto Developers and Technologies is a company under insolvency, formerly operating as a public limited company based in Kanpur, Uttar Pradesh, India. The company works in software development and support services, within the information technology industry. It was incorporated on 10 May 1994 and is registered under CIN L24233UP1994PLC016444. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Proto Developers and Technologies has 5 current directors:
- Vinod Kumar - Whole-Time Director
- Piyush Sharma - Additional Director
- Marrik Dirchi - Director
- Rajni Sharma - Director
- Din Dayal Mangar - Director
The latest financial statements of Proto Developers and Technologies on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 29 September 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Proto Developers and Technologies is L24233UP1994PLC016444. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Proto Developers and Technologies is recorded as a listed company by MCA, but its shares were delisted from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
Proto Developers and Technologies has open charges of ₹10.25 Cr and no satisfied charges on record as per latest MCA filings.
Proto Developers and Technologies has 27 court cases on record: 8 filed by the company and 19 filed against it. 7 are pending. Most are in the district courts.
Proto Developers and Technologies was incorporated on 10 May 1994. It is registered with the Registrar of Companies, Kanpur.
Proto Developers and Technologies has 44 deals on record (44 market trades); the latest was in June 2014.
The peers of Proto Developers and Technologies by revenue are Zuora India Private Limited, Precisely Software and Data India Private Limited, Gigamon Solutions India Private Limited, DH Healthcare Software Services India Private Limited, Logix Infosecurity Private Limited and 5 more, all in the Telecom industry (Software Services, Telecom Service Providers).