Prowon Ventures Private Limited
About Prowon Ventures Private Limited
Data last updated:
Prowon Ventures Private Limited is a private limited company based in Chandigarh, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 24 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U50404CH2019PTC042352. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Prodrive Ventures Private Limited. It is led by directors Manish Verma (Managing Director) and Pavan Kumar Verma.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at House No. 322 Sector 35 – A, Chandigarh, India – 160034.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.08 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹4.81 Lakh (net margin -1.2%) and EBITDA of ₹3.55 Lakh (EBITDA margin 0.9%).
The company has about 4 employees on its provident fund (EPFO) records.
Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
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- Social MediaLocked
- Registered AddressHouse No. 322 Sector 35 – A, Chandigarh, India – 160034
- IndustryAutomotive, Auto Dealership & Trading
- 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
- One PDF report, delivered after checkout
Business Activity of Prowon Ventures Private Limited
The main business activity of Prowon Ventures is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Prowon Ventures Private Limited FY 2022 filings available
Prowon Ventures Private Limited reported revenue of ₹4.08 Cr (up 15% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Prowon Ventures Private Limited
Revenue rose 15% in the latest year. EBITDA rose 158% 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 of Prowon Ventures Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.55 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.81 Lakh | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Prowon Ventures Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0.9% | •••• | •••• | •••• |
| Net Profit Margin | -1.2% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Prowon Ventures are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Prowon Ventures Private Limited
Prowon Ventures Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Frontline Autotech India Private Limited | ₹4.1 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Thiruvallur, Tamil Nadu, India |
| Lifeflo Technologies India Private Limited | ₹4.1 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Hyderabad, Telangana, India |
| Oberoi Motorzone Private Limited | ₹4.09 Cr (FY 2017) | •••• | •••• | -37.0% | •••• | Yamuna Nagar, Haryana, India |
| K & K Tyre Experts Private Limited | ₹4.09 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Malibu Town, Haryana, India |
| Hawk Cycles Private Limited | ₹4.08 Cr (FY 2025) | •••• | •••• | -84.0% | •••• | Punjab, India |
| Prowon Ventures Private Limited this company | ₹4.08 Cr (FY 2022) | •••• | •••• | 15.0% | •••• | Chandigarh, India |
| Shree Sharaddha Motors Private Limited | ₹4.07 Cr (FY 2023) | •••• | •••• | 2867.0% | •••• | Ahmedabad, Gujarat, India |
| Novelty Auto Sales Private Limited | ₹4.07 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Amritsar, Punjab, India |
| Raja Tractors and Motors Private Limited | ₹4.07 Cr (FY 2023) | •••• | •••• | 63.0% | •••• | Udaipur, Rajasthan, India |
| Aan Vehicles Private Limited | ₹4.07 Cr (FY 2025) | •••• | •••• | -60.0% | •••• | Rajkot, Gujarat, India |
| Khandelwal E Vehicles Private Limited | ₹4.06 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Prowon Ventures by revenue in the Automobiles industry (Auto and Components Dealers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Prowon Ventures Private Limited
Prowon Ventures Private Limited is audited by A K CHADDA & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A K CHADDA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Prowon Ventures Private Limited
Prowon Ventures 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 |
|---|---|---|---|---|
| Pavan Kumar Verma Also directs: Roc Foods Limited, Eco Breaking Technologies India Private Limited, Alchemist Medisphere Limited and 4 more | Director | 30 Jun 2020 | 6 Years 3 Months | Current |
| Manish Verma Also directs: Angelblue Holdings Private Limited, Pentagon Rubber Limited, Emmforce Autotech Limited and 1 more | Managing Director | 24 Jan 2019 | 7 Years 8 Months | Current |
Ownership and Shareholding of Prowon Ventures Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Prowon Ventures Private Limited
Prowon Ventures Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Prowon Ventures Private Limited
Prowon Ventures Private Limited has 3 court cases on record: 3 filed by Prowon Ventures. All cases are disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
Cases on record (1 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Cheque dishonour complaint | Filed by the company against an individual | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Prowon Ventures Private Limited
Prowon Ventures Private Limited has a workforce of 4 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Prowon Ventures Private Limited
Prowon Ventures Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Drone Malhotra ceased to be Director on 14 Nov 2022.
Credit Ratings, Litigation & Regulatory Alerts for Prowon Ventures Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Prowon Ventures Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Prowon Ventures Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Prowon Ventures Private Limited
Prowon Ventures has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Prowon Ventures Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Prowon Ventures Private Limited
Prowon Ventures is an active private limited company based in Chandigarh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 24 January 2019 (7+ years old) and is registered under CIN U50404CH2019PTC042352.
Prowon Ventures reported revenue of ₹4.08 Cr for FY 2022 (up 15% YoY).
Prowon Ventures has 2 current directors:
- Manish Verma - Managing Director
- Pavan Kumar Verma - Director
Prowon Ventures reported a net loss of ₹4.81 Lakh (net margin -1.2%) and EBITDA of ₹3.55 Lakh (EBITDA margin 0.9%) for FY 2022, as per its filed financial statements.
No. Prowon Ventures has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Prowon Ventures is U50404CH2019PTC042352. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prowon Ventures has 3 court cases on record: 3 filed by the company.
Prowon Ventures was incorporated on 24 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Prowon Ventures by revenue are Frontline Autotech India Private Limited, Lifeflo Technologies India Private Limited, Oberoi Motorzone Private Limited, K & K Tyre Experts Private Limited, Hawk Cycles Private Limited and 5 more, all in the Automobiles industry (Auto and Components Dealers).
Drone Malhotra ceased to be Director on 14 Nov 2022. Manish Verma ceased to be Director on 30 Jun 2020. Pavan Kumar Verma was appointed as Director on 30 Jun 2020. Prowon Ventures has 4 board changes on record in total.
The registered office of Prowon Ventures is at House No. 322 Sector 35 – A, Chandigarh, India – 160034.