About Provetech Automation India Private Limited
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Provetech Automation India Private Limited is a private limited company based in Bangalore, Karnataka, India. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 03 November 2017.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U36999KA2017PTC107652. Its GSTIN is 29AAJCP5108J1Z4 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Srridharmallappa and Channamma.
Its last annual general meeting (AGM) was held on 25 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at #117/8 Opp. A12 1st Main Road Peenya 2nd Stage, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.01 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net loss of ₹11,634 (net margin -0.1%) and EBITDA of ₹18,356 (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 41% over five years.
The last known website on record is provetech.in.
Company details
Contact details
Provetech Automation India Private Limited's registered office is in Bangalore, Karnataka. Its website is provetech.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#117/8 Opp. A12 1st Main Road Peenya 2nd Stage, Bangalore, Karnataka, India – 560058
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Provetech Automation India 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
Business activity
The main business activity of Provetech Automation India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Provetech Automation India Private Limited, buy the company report.
Financials of Provetech Automation India Private Limited
FY 2023 filings availableProvetech Automation India Private Limited reported revenue of ₹1.01 Cr (up 16% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 16% growth in the latest year. EBITDA fell 92% 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
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| EBITDA | ₹18,356 | ||||
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| Net Profit (PAT) | -₹11,634 | ||||
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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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| EBITDA Margin | 0.2% | ||||
| Net Profit Margin | -0.1% | ||||
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To see the full financial statements and ratios of Provetech Automation India Private Limited, buy the company report.
Board of directors of Provetech Automation India Private Limited
Provetech Automation India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Channamma | Additional Director | 25 May 2020 | 6 Years 5 Months | Current |
| Srridharmallappa | Director | 03 Nov 2017 | 8 Years 11 Months | Current |
Peer comparison
Provetech Automation India Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Automation, Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Purlin Automation India Private Limited | ₹1.01 Cr (FY 2024) | -8.0% | Bangalore, Karnataka, India | |||
| Provetech Automation India Private Limitedthis company | ₹1.01 Cr (FY 2023) | -₹11,634 | -0.1% | 16.0% | Bangalore, Karnataka, India | |
| Bhagsons Engineers and Consultants Private Ltd. | ₹1.01 Cr (FY 2025) | -53.0% | New Delhi, Delhi, India | |||
| Lexus Water Tech India Private Limited | ₹1.01 Cr (FY 2025) | -46.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Provetech Automation India Private Limited, buy the company report.
Auditor
Provetech Automation India Private Limited is audited by NAGAR AND NAVADA for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAGAR AND NAVADA | FY 2021 | 015832S |
Shareholding
The shareholding of Provetech Automation India Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Provetech Automation India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Provetech Automation India 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 Provetech Automation India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Provetech Automation India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCP5108J1Z4 | Karnataka | Active | 29 Nov 2017 |
To see the full GST registrations and return filing status of Provetech Automation India Private Limited, buy the company report.
Recent activity
Provetech Automation India Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Rudrappa Chandrashekar ceased to be Director on 30 Jul 2020.
Frequently asked questions
Provetech Automation India is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Provetech Automation India is a company pending strike off, currently registered as a private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 03 November 2017 and is registered under CIN U36999KA2017PTC107652. The company may be struck off soon - caution is advised.
The compliance status of Provetech Automation India is compliant as of 23 July 2026.
Provetech Automation India has 2 current directors:
- Channamma - Additional Director
- Srridharmallappa - Director
The CIN (Corporate Identification Number) of Provetech Automation India is U36999KA2017PTC107652. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Provetech Automation India was incorporated on 03 November 2017. It is registered with the Registrar of Companies, Bangalore.
Provetech Automation India can be reached through the website provetech.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Provetech Automation India is at #1178 Opp. A12 1st Main Road Peenya 2nd Stage, Bangalore, Karnataka, India – 560058.
The latest financial statements of Provetech Automation India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 25 September 2023. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Provetech Automation India is 29AAJCP5108J1Z4, registered in Karnataka.
Provetech Automation India operates in the machinery and equipment industry, in the industrial machinery manufacturing segment.