Proverne Solutions Private Limited - Company Profile

It is a information technology private limited company based in Bangalore, Karnataka, India, established in 2017.
2017 Bangalore, Karnataka, India Active
Last Updated:
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About Proverne Solutions Private Limited

Proverne Solutions Private Limited, a active private limited company, was established on 19 December 2017 in Bangalore, Karnataka, India. Engaging in software development & support services within the information and communication sector, it holds CIN: U72900KA2017PTC108786. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Employing 23 professional, Its leadership includes Yogesh Venkatareddy (Director), Mangesh Adgaonkar Prabhakar (Director). It holds ₹1.10 M open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at No 1202, Flat No 401, 11Th Main, 9Th Cross, Judicial Layout, Yelahanka, Bangalore, Karnataka, 560065.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U72900KA2017PTC108786

  • Registration Number

    108786

  • Incorporation Date

    19 December 2017

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1.10 M
  • Revenue Growth **** -14.04%
  • Profit Growth **** 5.47%
  • Ebitda **** 9.14%
  • Net Worth 52.88%
  • Total Assets -9.80%
Company report

Proverne Solutions Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Proverne Solutions Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Proverne Solutions Private Limited?
Current Directors
Name Designation Appointment Date Status
Yogesh Venkatareddy Director 19 Dec 2017 Current
Mangesh Adgaonkar Prabhakar Director 19 Dec 2017 Current

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Financial Performance of Proverne Solutions.

Proverne Solutions Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 14.04% decrease. The company also saw a slight improvement in profitability, with a 5.47% increase in profit. The company's net worth Soared by an impressive increase of 52.88%.

Proverne Solutions revenue growth over time
Proverne Solutions profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -14.04%
*******
*******
*******
*******
Revenue from Operations
*******
 -13.51%
*******
*******
*******
*******
Total Assets
*******
 -9.80%
*******
*******
*******
*******
Profit or Loss
*******
 5.47%
*******
*******
*******
*******
Net Worth
*******
 52.88%
*******
*******
*******
*******
EBITDA
*******
 9.14%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Proverne Solutions?

In 2021, Proverne Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹1,100,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 0.11 Cr
Latest Charge Details
Date Lender Amount Status
12 Dec 2022 Hdfc Bank Limited ₹1.10 M Open

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How Many Employees Work at Proverne Solutions?

Proverne Solutions has a workforce of 23 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Proverne Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Proverne Solutions's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Proverne Solutions
Recent Activity within the Organization
  • Annual General Meeting

    Proverne Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Proverne Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 1.10 M with Charge ID 100697108 was registered on 12 Dec 2022. was documented.

  • Director Appointment

    Progress on Yogesh Venkatareddy was appointed as a Director was appointed as a Director on 19 Dec 2017 & has been associated with this company since 8 years 2 months . was documented.

  • Director Appointment

    Mangesh Adgaonkar Prabhakar was appointed as a Director was appointed as a Director on 19 Dec 2017 & has been associated with this company since 8 years 2 months . was recorded as a recent event.

  • Company Incorporation

    Proverne Solutions Private Limited was registered on 19 Dec 2017 with Roc Bangalore & aged 8 years 2 months as per MCA records. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Proverne Solutions Private Limited?

The CIN of Proverne Solutions Private Limited is U72900KA2017PTC108786.

Where is Proverne Solutions Private Limited headquartered?

Proverne Solutions Private Limited is headquartered at No 1202, Flat No 401, 11Th Main, 9Th Cross, Judicial Layout, Yelahanka, Bangalore, Karnataka, 560065.

When was Proverne Solutions Private Limited incorporated?

Proverne Solutions Private Limited was incorporated on 19 December 2017.

Who are the current directors of Proverne Solutions Private Limited?

The current directors of Proverne Solutions Private Limited are

What is the primary industry of Proverne Solutions Private Limited?

The primary industry of Proverne Solutions Private Limited is Information And Communication.

Is Proverne Solutions Private Limited a listed company?

Proverne Solutions Private Limited is unlisted.

What is the capital structure of Proverne Solutions Private Limited?

The authorized capital of Proverne Solutions Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Proverne Solutions Private Limited?

The compliance status of Proverne Solutions Private Limited is Compliant.

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