Prowess Technologies Private Limited
About Prowess Technologies Private Limited
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Prowess Technologies Private Limited was a private limited company based in Chandigarh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the technical services segment of the professional services sector. It was incorporated on 09 December 2014.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900CH2014PTC035310.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Yogesh and Ravi Kumar.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Shop No 145/4 Mouli Jagran, Chandigarh, India – 160102.
As per the financials filed for FY 2017, the company reported a revenue of ₹25,000, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹8,646 (net margin -34.6%) and EBITDA of -₹246 (EBITDA margin -1%).
Company details
Contact details
Prowess Technologies Private Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No 145/4 Mouli Jagran, Chandigarh, India – 160102
- IndustryProfessional Services, Technical, Personal, Scientific
To see the full contact details of Prowess 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
Financials of Prowess Technologies Private Limited
FY 2017 filings availableProwess Technologies Private Limited reported revenue of ₹25,000 (down 93% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 93% in the latest year. EBITDA fell 101% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹25,000 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹246 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹8,646 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
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| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -1% | ||
| Net Profit Margin | -34.6% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
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| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Prowess Technologies Private Limited, buy the company report.
Board of directors of Prowess Technologies Private Limited
Prowess Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yogesh | Director | 20 Apr 2018 | 8 Years 6 Months | As last reported |
| Ravi Kumar | Director | 20 Apr 2018 | 8 Years 6 Months | As last reported |
Auditor
Prowess Technologies Private Limited is audited by PURSHOTHAMAN BHUTANI & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PURSHOTHAMAN BHUTANI & CO. | FY 2017 | 005484N |
Shareholding
The shareholding of Prowess Technologies Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Prowess Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Prowess Technologies 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 Prowess Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Prowess Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Prowess Technologies Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Kanta Devi ceased to be Director on 02 May 2018.
Frequently asked questions
Prowess Technologies has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Prowess Technologies was a private limited company based in Chandigarh, India. The company worked in technical, within the professional services industry. It was incorporated on 09 December 2014 and is registered under CIN U72900CH2014PTC035310. The company has been struck off by the Registrar of Companies and is no longer operational.
Prowess Technologies had 2 directors:
- Yogesh - Director
- Ravi Kumar - Director
The CIN (Corporate Identification Number) of Prowess Technologies is U72900CH2014PTC035310. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Prowess Technologies is at Shop No 1454 Mouli Jagran, Chandigarh, India – 160102.
Prowess Technologies was incorporated on 09 December 2014. It is registered with the Registrar of Companies, Chandigarh.
The latest financial statements of Prowess Technologies on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
Prowess Technologies operated in the professional services industry, in the technical segment. It worked in this industry before it was struck off.
Kanta Devi ceased to be Director on 02 May 2018. Ranbir Singh ceased to be Director on 02 May 2018. Ravi Kumar was appointed as Director on 20 Apr 2018. Prowess Technologies has 4 board changes on record in total.
Prowess Technologies can be reached at its registered office: Shop No 1454 Mouli Jagran, Chandigarh, India – 160102.