
About Protonshub Technologies Private Limited
Data last updated:
Protonshub Technologies Private Limited is a private limited company based in Indore, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 20 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U74999MP2019PTC048124. Its GSTIN is 23AAKCP4384R1ZN (Madhya Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Proshub Technologies Private Limited. It is led by directors including Rakshit Khandelwal and Tushar Pal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 608 Princess Business Sky Park Infront Of Orbit Mall, Indore, Madhya Pradesh, India – 452018.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.9 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹9.11 Lakh (net margin 1%) and EBITDA of ₹30.26 Lakh (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 170% over five years.
The company has about 49 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Protonshub Technologies. As per MCA filings, the company has open charges of ₹2.5 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Protonshub Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0057267). For more details, the company can be reached via its website protonshub.com.
Company details
Recognitions & Rankings of Protonshub Technologies
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-23-0057267
Contact details
Protonshub Technologies Private Limited's registered office is in Indore, Madhya Pradesh. Its website is protonshub.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address608 Princess Business Sky Park Infront Of Orbit Mall, Indore, Madhya Pradesh, India – 452018
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Protonshub Technologies 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
Protonshub Technologies operates one associated brand: Protonshub Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive web, software development, and UI/UX design services. | protonshub.com |
Business activity
The main business activity of Protonshub Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Protonshub Technologies Private Limited, buy the company report.
Financials of Protonshub Technologies Private Limited
FY 2025 filings availableProtonshub Technologies Private Limited reported revenue of ₹8.9 Cr (down 51% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 51% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 170%. EBITDA fell 77% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹30.26 Lakh | ||||
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| Net Profit (PAT) | ₹9.11 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 3.4% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of Protonshub Technologies Private Limited, buy the company report.
Board of directors of Protonshub Technologies Private Limited
Protonshub Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakshit Khandelwal | Director | 20 Mar 2019 | 7 Years 7 Months | Current |
| Tushar Pal Also directs: Pivott AI Private Limited, Octahire Services Private Limited, Golden Pearl Hotels and Resorts LLP and 5 more | Director | 20 Mar 2019 | 7 Years 7 Months | Current |
| Sachin Kumar Mishra Also directs: Pivott AI Private Limited, Octahire Services Private Limited | Director | 20 Mar 2019 | 7 Years 7 Months | Current |
Peer comparison
Protonshub Technologies Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Boxnbiz Technologies Private Limited | ₹8.95 Cr (FY 2024) | 3.0% | Bangalore, Karnataka, India | |||
| Dvsum India Private Limited | ₹8.93 Cr (FY 2024) | -13.0% | Jaipur, Rajasthan, India | |||
| Invoq Healthcare India Private Limited | ₹8.92 Cr (FY 2024) | 20.0% | Pune, Maharashtra, India | |||
| Process Fusion Private Limited | ₹8.91 Cr (FY 2024) | 25.0% | Chennai, Tamil Nadu, India | |||
| Protonshub Technologies Private Limitedthis company | ₹8.9 Cr (FY 2025) | ₹9.11 Lakh | 1% | -51.0% | 49 | Indore, Madhya Pradesh, India |
| Vaspire Technologies Services Private Limited | ₹8.88 Cr (FY 2024) | 13.0% | Gurgaon, Haryana, India | |||
| Pci Software Pvt. Ltd. | ₹8.87 Cr (FY 2024) | 93.0% | Kolkata, West Bengal, India | |||
| Lumera Software Solutions Private Limited | ₹8.86 Cr (FY 2025) | 18.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Protonshub Technologies Private Limited, buy the company report.
Auditor
Protonshub Technologies Private Limited is audited by JAISINGHANI JAIN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAISINGHANI JAIN & ASSOCIATES | FY 2023 | 020674C |
Shareholding
The shareholding of Protonshub Technologies Private Limited is on record for 4 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 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
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| Public | ||||
| Others |
To see the full shareholding pattern of Protonshub Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jul 2024 | 100950633 | Hdfc Bank Limited | ₹2.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Protonshub Technologies Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by G7 CR Technologies Private Limited., India | Pending |
To see the full case history of Protonshub Technologies Private 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 Protonshub Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Protonshub Technologies Private Limited has a workforce of 49 employees on its EPFO records as of Nov 2025, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2025-26 | 49 |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Protonshub Technologies Private Limited, buy the company report.
GST
Protonshub Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAKCP4384R1ZN | Madhya Pradesh | Active | 07 Apr 2021 |
To see the full GST registrations and return filing status of Protonshub Technologies Private Limited, buy the company report.
Recent activity
Protonshub Technologies Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Rakshit Khandelwal was appointed as Director on 20 Mar 2019.
Frequently asked questions
Protonshub Technologies is an active private limited company based in Indore, Madhya Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 20 March 2019 (7+ years old) and is registered under CIN U74999MP2019PTC048124.
Protonshub Technologies has 3 current directors:
- Rakshit Khandelwal - Director
- Tushar Pal - Director
- Sachin Kumar Mishra - Director
The latest financial statements of Protonshub Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Protonshub Technologies is 23AAKCP4384R1ZN, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Protonshub Technologies is U74999MP2019PTC048124. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Protonshub Technologies has 1 court case on record: 1 filed against it. 1 is pending.
Protonshub Technologies was incorporated on 20 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Protonshub Technologies by revenue are Boxnbiz Technologies Private Limited, Dvsum India Private Limited, Invoq Healthcare India Private Limited, Process Fusion Private Limited, Vaspire Technologies Services Private Limited and 2 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Rakshit Khandelwal was appointed as Director on 20 Mar 2019. Sachin Kumar Mishra was appointed as Director on 20 Mar 2019. Tushar Pal was appointed as Director on 20 Mar 2019.
Yes, Protonshub Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Protonshub Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0057267).

