MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0003887
Provab Technosoft Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹22.06 Cr
▲ 29% YoY
Net profit · FY 2024
₹1.41 Cr
Net margin 6.4%
EBITDA · FY 2024
₹1.99 Cr
EBITDA margin 9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹90 Lakh
Secured borrowings
Company age
16 yrs
Est. 2010
Employees · EPFO
123
Provident fund records
About Provab Technosoft Private Limited
Data last updated:
Provab Technosoft Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 25 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2010PTC052686. Its GSTIN is 29AAFCP3942G1Z9 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Anand Shukla Prakash and Sushma Bhat.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.06 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹1.41 Cr (net margin 6.4%) and EBITDA of ₹1.99 Cr (EBITDA margin 9%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 16% over five years.
The company has about 123 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Provab. As per MCA filings, the company has open charges of ₹90 Lakh on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
Provab Technosoft Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0003887). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website provab.com.
Company details
CIN U72200KA2010PTC052686
Registration Number 052686
Incorporation Date 25 February 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0003887
Recognitions & Rankings of Provab Technosoft
Contact details
Provab Technosoft Private Limited's registered office is in Bangalore, Karnataka. Its website is provab.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFortune Serene 1st Floor No 89/B Part Of 90/A, Sy No 18 Begur Hobli, Bangalore, Karnataka, India – 560100
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Provab Technosoft Private Limited, buy the company report.
Comprehensive company report
Provab Technosoft Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Provab Technosoft operates one associated brand: Provab. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Travel technology solutions including reservation and management software for hospitality and travel sectors. | hotelreservationssystem.com |
Business activity
The main business activity of Provab Technosoft is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Provab Technosoft Private Limited, buy the company report.
Financials of Provab Technosoft Private Limited
FY 2024 filings availableProvab Technosoft Private Limited reported revenue of ₹22.06 Cr (up 29% YoY) for FY 2024.
Revenue · FY 2024
₹22.06 Cr ▲ 29%
Net profit · FY 2024
₹1.41 Cr margin 6.4%
EBITDA · FY 2024
₹1.99 Cr margin 9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 30%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 65%
3 years · compounded
▲ 42%
5 years · compounded
▲ 27%
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 29% growth in the latest year. EBITDA rose 65% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹1.99 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.41 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9% | ||||
| Net Profit Margin | 6.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Provab Technosoft Private Limited, buy the company report.
Board of directors of Provab Technosoft Private Limited
Provab Technosoft has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Shukla Prakash Also directs: Accentria Solutions Private Limited | Director | 25 Feb 2010 | 16 Years 8 Months | Current |
| Sushma Bhat | Director | 25 Feb 2010 | 16 Years 8 Months | Current |
Peer comparison
Provab Technosoft Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Qtech Software Private Limited | ₹22.2 Cr (FY 2025) | -10.0% | Mumbai, Maharashtra, India | |||
| Mindzcloud Technologies Private Limited | ₹22.1 Cr (FY 2025) | 18.0% | Nagpur, Maharashtra, India | |||
| Dynamisch IT Private Limited | ₹22.1 Cr (FY 2025) | 41.0% | Pune, Maharashtra, India | |||
| Icodex Publishing Solutions Limited | ₹22.08 Cr (FY 2025) | 101.0% | Pune, Maharashtra, India | |||
| Q2amedia Services Private Limited | ₹22.08 Cr (FY 2024) | -24.0% | New Delhi, Delhi, India | |||
| Provab Technosoft Private Limitedthis company | ₹22.06 Cr (FY 2024) | ₹1.41 Cr | 6.4% | 29.0% | 123 | Bangalore, Karnataka, India |
| Aldrich Business Services Private Limited | ₹22.05 Cr (FY 2025) | 15.0% | Thane, Maharashtra, India | |||
| Binmile Technologies Private Limited | ₹21.93 Cr (FY 2025) | -19.0% | Dadri, Uttar Pradesh, India | |||
| Nowfloats Technologies Limited | ₹21.82 Cr (FY 2025) | -12.0% | Hyderabad, Telangana, India | |||
| Devcare Solutions Private Limited | ₹21.75 Cr (FY 2025) | 41.0% | Chennai, Tamil Nadu, India | |||
| Biztech IT Consultancy Private Limited | ₹21.71 Cr (FY 2025) | -12.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Provab Technosoft Private Limited, buy the company report.
Auditor
Provab Technosoft Private Limited is audited by MUKUNDA SHIVA AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUKUNDA SHIVA AND ASSOCIATES | FY 2023 | 011768S |
Shareholding
The shareholding of Provab Technosoft Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Provab Technosoft Private Limited, buy the company report.
Charges & borrowings
Open charges
₹90 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jan 2025 | 101089144 | Hdfc Bank Limited | ₹90 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Provab Technosoft Private Limited has 3 court cases on record: 1 filed by Provab Technosoft, 2 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Tripology Holidays Private Limited Director Rahul Sanghvi | Disposed |
| High Court | Writ petition | Filed by the company against The State of Karnataka and 2 others | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Karam Aljowar Est | Disposed |
To see the full case history of Provab Technosoft 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 Provab Technosoft Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Provab Technosoft Private Limited has a workforce of 123 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
123
Active EPFO establishments
1
Employee growth
-8.21%
GST
Provab Technosoft has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCP3942G1Z9 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Provab Technosoft Private Limited, buy the company report.
Recent activity
Provab Technosoft Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Anand Shukla Prakash was appointed as Director on 25 Feb 2010.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 90.00 Lakh with Charge ID 101089144 was registered on 02 Jan 2025.
AGM
Provab Technosoft Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Provab Technosoft Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Anand Shukla Prakash was appointed as Director.
Appointed
Sushma Bhat was appointed as Director.
Incorporation
25 Feb 2010
Provab Technosoft Private Limited was registered on 25 Feb 2010 with Roc Bangalore & aged 16 years 8 months as per MCA records.
Frequently asked questions
Provab Technosoft is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 25 February 2010 (16+ years old) and is registered under CIN U72200KA2010PTC052686.
Provab Technosoft has 2 current directors:
- Anand Shukla Prakash - Director
- Sushma Bhat - Director
The latest financial statements of Provab Technosoft on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Provab Technosoft is 29AAFCP3942G1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Provab Technosoft is U72200KA2010PTC052686. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Provab Technosoft has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Provab Technosoft was incorporated on 25 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Provab Technosoft by revenue are Qtech Software Private Limited, Mindzcloud Technologies Private Limited, Dynamisch IT Private Limited, Icodex Publishing Solutions Limited, Q2amedia Services Private Limited and 5 more, all in the same principal business activity (data processing, hosting and related activities; web portal).
Anand Shukla Prakash was appointed as Director on 25 Feb 2010. Sushma Bhat was appointed as Director on 25 Feb 2010.
Yes, Provab Technosoft is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0003887).
Provab Technosoft can be reached through the website provab.com. Its registered office is in Bangalore, Karnataka, India.
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