About Proximo Techsoft Private Limited
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Proximo Techsoft Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2011PTC057049. Its GSTIN is 29AAFCP8470P1ZH (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Anil Kumar Kanneganti and Srikanth Chintalapuri.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No. 6 Vinir Tower Starttopia Hub International 100Ft Main Road Btm 1st Stage, Bangalore, Karnataka, India – 560068.
As per the financials filed for FY 2019, the company reported a revenue of ₹8.22 Cr, a growth of 88% compared to the previous year. For the same year it recorded a net profit of ₹98.81 Lakh (net margin 12%) and EBITDA of ₹1.82 Cr (EBITDA margin 22.2%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Proximo Tech Soft. As per MCA filings, the company has satisfied charges of ₹3.44 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website proximo.in.
Company details
Contact details
Proximo Techsoft Private Limited's registered office is in Bangalore, Karnataka. Its website is proximo.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 6 Vinir Tower Starttopia Hub International 100Ft Main Road Btm 1st Stage, Bangalore, Karnataka, India – 560068
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
To see the full contact details of Proximo Techsoft 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
Brands
Proximo Techsoft operates one associated brand: Proximo Tech Soft. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive end-to-end HR services for businesses. | proximo.in |
Business activity
The main business activity of Proximo Techsoft is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Proximo Techsoft Private Limited, buy the company report.
Financials of Proximo Techsoft Private Limited
FY 2019 filings availableProximo Techsoft Private Limited reported revenue of ₹8.22 Cr (up 88% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 88% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 26%. EBITDA rose 352% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹1.82 Cr | ||||
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| Net Profit (PAT) | ₹98.81 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | 22.2% | ||||
| Net Profit Margin | 12% | ||||
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To see the full financial statements and ratios of Proximo Techsoft Private Limited, buy the company report.
Board of directors of Proximo Techsoft Private Limited
Proximo Techsoft has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Kumar Kanneganti | Director | 01 Jun 2017 | 9 Years 5 Months | Current |
| Srikanth Chintalapuri Also directs: Sree Lavanya Lakshmi Shelters LLP | Director | 11 Feb 2011 | 15 Years 9 Months | Current |
Auditor
Proximo Techsoft Private Limited is audited by BALASUBRAMANYAM AND CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BALASUBRAMANYAM AND CO | FY 2016 | 014079S |
Shareholding
The shareholding of Proximo Techsoft 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 Proximo Techsoft Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Mar 2018 | 100197828 | Others | ₹60 Lakh | Satisfied | |
| 30 Nov 2016 | 100064424 | Others | ₹4.35 Lakh | Satisfied | |
| 06 Mar 2013 | 10408390 | Bank of Baroda | ₹2.7 Cr | Satisfied | |
| 04 Oct 2011 | 10316345 | Bank of Baroda | ₹10 Lakh | Satisfied |
To see the full charge records of Proximo Techsoft Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Proximo Techsoft Private Limited has 2 court cases on record: 2 filed by Proximo Techsoft. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against individuals | Disposed |
To see the full case history of Proximo Techsoft Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Proximo Techsoft Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Proximo Techsoft Private Limited has a workforce of 1 employees on its EPFO records as of Mar 2020, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2019-20 | 1 |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Proximo Techsoft Private Limited, buy the company report.
GST
Proximo Techsoft has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCP8470P1ZH | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Proximo Techsoft Private Limited, buy the company report.
Recent activity
Proximo Techsoft Private Limited has 8 board changes on record since 2011: 2 appointments and 6 cessations. The latest: Anil Kumar Kanneganti was appointed as Director on 01 Jun 2017.
8 earlier events are in the company report.
Frequently asked questions
Proximo Techsoft is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 11 February 2011 (15+ years old) and is registered under CIN U72900KA2011PTC057049.
Proximo Techsoft has 2 current directors:
- Anil Kumar Kanneganti - Director
- Srikanth Chintalapuri - Director
The latest financial statements of Proximo Techsoft on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Proximo Techsoft is 29AAFCP8470P1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Proximo Techsoft is U72900KA2011PTC057049. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Proximo Techsoft has 2 court cases on record: 2 filed by the company.
Proximo Techsoft was incorporated on 11 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Anil Kumar Kanneganti was appointed as Director on 01 Jun 2017. Lokesh Juvviguntla ceased to be Director on 29 Apr 2017. Krishna Muttamsetty Rao ceased to be Additional Director on 28 Apr 2017. Proximo Techsoft has 8 board changes on record in total.
Proximo Techsoft can be reached through the website proximo.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Proximo Techsoft is at No. 6 Vinir Tower Starttopia Hub International 100Ft Main Road Btm 1st Stage, Bangalore, Karnataka, India – 560068.
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