Startup India Government of India
Provega Smart Purchasing Private Limited - business services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹10.05 Lakh
▲ 12% YoY
Net profit · FY 2023
₹3.2 Lakh
Net margin 31.9%
EBITDA · FY 2023
₹3.42 Lakh
EBITDA margin 34%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹25,000
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Provega Smart Purchasing Private Limited
Data last updated:
Provega Smart Purchasing Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the service-based operations segment of the business services sector. It was incorporated on 05 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC109949. Its GSTIN is 29AAJCP6620M1ZV (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹25,000. It is led by directors Vasuki Ashok Shenoy Shenoy and Supreeth Kittenakere Sathyanarayana.
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 #226 Sri Anantheswara 5th Cross 6th Main Phase 1 Beml Layout Rajarajeswari Nagar, Bangalore, Karnataka, India – 560098.
As per the financials filed for FY 2023, the company reported a revenue of ₹10.05 Lakh, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹3.2 Lakh (net margin 31.9%) and EBITDA of ₹3.42 Lakh (EBITDA margin 34%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years.
For more details, the company can be reached via its website provega.in.
Company details
CIN U74999KA2018PTC109949
Registration Number 109949
Incorporation Date 05 February 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Provega Smart Purchasing
Contact details
Provega Smart Purchasing Private Limited's registered office is in Bangalore, Karnataka. Its website is provega.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address#226 Sri Anantheswara 5th Cross 6th Main Phase 1 Beml Layout Rajarajeswari Nagar, Bangalore, Karnataka, India – 560098
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of Provega Smart Purchasing Private Limited, buy the company report.
Comprehensive company report
Provega Smart Purchasing 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
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Business activity
The main business activity of Provega Smart Purchasing is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Provega Smart Purchasing Private Limited, buy the company report.
Financials of Provega Smart Purchasing Private Limited
FY 2023 filings availableProvega Smart Purchasing Private Limited reported revenue of ₹10.05 Lakh (up 12% YoY) for FY 2023.
Revenue · FY 2023
₹10.05 Lakh ▲ 12%
Net profit · FY 2023
₹3.2 Lakh margin 31.9%
EBITDA · FY 2023
₹3.42 Lakh margin 34%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 166%
3 years · compounded
▲ 68%
Revenue has grown at a compounded annual rate (CAGR) of 14% over three years, including 12% growth in the latest year. EBITDA rose 166% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹3.42 Lakh | ||||
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| Net Profit (PAT) | ₹3.2 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 34% | ||||
| Net Profit Margin | 31.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Provega Smart Purchasing Private Limited, buy the company report.
Board of directors of Provega Smart Purchasing Private Limited
Provega Smart Purchasing has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasuki Ashok Shenoy Shenoy Also directs: Gyanpro Educational Innovation Private Limited | Director | 05 Feb 2018 | 8 Years 8 Months | Current |
| Supreeth Kittenakere Sathyanarayana Also directs: Gyanpro Educational Innovation Private Limited | Director | 05 Feb 2018 | 8 Years 8 Months | Current |
Peer comparison
Provega Smart Purchasing Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Giriraj Commercial (India) Private Limited | ₹10.05 Lakh (FY 2025) | -64.0% | Kolkata, West Bengal, India | |||
| Rashid Al Jawahira Private Limited | ₹10.05 Lakh (FY 2024) | Srinagar, Jammu and Kashmir, India | ||||
| Excel Technologies Systems Private Limited | ₹10.05 Lakh (FY 2024) | -21.0% | Hyderabad, Telangana, India | |||
| Linux Equipments Private Limited | ₹10.05 Lakh (FY 2023) | -96.0% | Karnal, Haryana, India | |||
| Umrane Dongargaon Parisar Farmers Producer Company Limited | ₹10.05 Lakh (FY 2025) | -83.0% | Malegaon, Maharashtra, India | |||
| Provega Smart Purchasing Private Limitedthis company | ₹10.05 Lakh (FY 2023) | ₹3.2 Lakh | 31.9% | 12.0% | Bangalore, Karnataka, India | |
| Sri Govind Gems Private Limited | ₹10.05 Lakh (FY 2019) | -58.0% | Jaipur, Rajasthan, India | |||
| Ny Med Pharmaceuticals Private Limited | ₹10.04 Lakh (FY 2024) | 440.0% | Delhi, India | |||
| Rohini Forex Private Limited | ₹10.04 Lakh (FY 2017) | 32.0% | Mumbai, Maharashtra, India | |||
| Aromadeal Multitrade Private Limited | ₹10.04 Lakh (FY 2021) | Gwalior, Madhya Pradesh, India | ||||
| Khalihan Agritech Pvt Ltd | ₹10.04 Lakh (FY 2025) | -13.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Provega Smart Purchasing Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Provega Smart Purchasing 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 Provega Smart Purchasing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Provega Smart Purchasing has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCP6620M1ZV | Karnataka | Active | 24 Jan 2019 |
To see the full GST registrations and return filing status of Provega Smart Purchasing Private Limited, buy the company report.
Recent activity
Provega Smart Purchasing Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Supreeth Kittenakere Sathyanarayana was appointed as Director on 05 Feb 2018.
AGM
Provega Smart Purchasing Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Provega Smart Purchasing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Supreeth Kittenakere Sathyanarayana was appointed as Director.
Appointed
Vasuki Ashok Shenoy Shenoy was appointed as Director.
Incorporation
05 Feb 2018
Provega Smart Purchasing Private Limited was registered on 05 Feb 2018 with Roc Bangalore & aged 8 years 8 months as per MCA records.
Frequently asked questions
Provega Smart Purchasing is an active private limited company based in Bangalore, Karnataka, India. The company works in other services, within the business services industry. It was incorporated on 05 February 2018 (8+ years old) and is registered under CIN U74999KA2018PTC109949.
Provega Smart Purchasing has 2 current directors:
- Vasuki Ashok Shenoy Shenoy - Director
- Supreeth Kittenakere Sathyanarayana - Director
The latest financial statements of Provega Smart Purchasing on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Provega Smart Purchasing is 29AAJCP6620M1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Provega Smart Purchasing is U74999KA2018PTC109949. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Provega Smart Purchasing was incorporated on 05 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Provega Smart Purchasing by revenue are Giriraj Commercial (India) Private Limited, Rashid Al Jawahira Private Limited, Excel Technologies Systems Private Limited, Linux Equipments Private Limited, Umrane Dongargaon Parisar Farmers Producer Company Limited and 5 more, all in the same principal business activity (wholesale trading).
Supreeth Kittenakere Sathyanarayana was appointed as Director on 05 Feb 2018. Vasuki Ashok Shenoy Shenoy was appointed as Director on 05 Feb 2018.
Yes, Provega Smart Purchasing is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Provega Smart Purchasing can be reached through the website provega.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Provega Smart Purchasing is at #226 Sri Anantheswara 5th Cross 6th Main Phase 1 Beml Layout Rajarajeswari Nagar, Bangalore, Karnataka, India – 560098.