Simplified Procurement Services Private Limited

Simplified Procurement Services Private Limited - metals and minerals in Chennai, Tamil Nadu, India. FY 2026 financials and compliance.
CIN U51909TN2017PTC119961 Incorporated 13 December 2017 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company metals and minerals
Data last updated
Revenue · FY 2025
₹53.16 Lakh
▲ 350.00% YoY
EBITDA · FY 2025
Locked
In full report
Net profit · FY 2025
Locked
In full report
Authorised capital
₹50.1 Lakh
Registered with MCA
Paid-up capital
₹50.1 Lakh
Issued & subscribed
Open charges
None
Secured borrowings
Company age
9 yrs
Est. 2017
Last financials
Mar 2025
Balance sheet date

About Simplified Procurement Services Private Limited

Data last updated: 27 February 2026

Simplified Procurement Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It specialises in metals retail and distribution, a part of the broader metals and mining sector. Incorporated on 13 December 2017, the company has been in operation for over 9 years.

Registered with ROC Chennai under CIN U51909TN2017OPC119961.

Capital: an authorised share capital of ₹50.1 Lakh and a paid-up capital of ₹50.1 Lakh. Formerly known as Simplified Procurement Services (Opc) Private Limited. It is led by directors Venkata Raman Krishna Sankar and Sundaresan Yogeshwaran.

Last AGM: 05 September 2025. Financial statements filed for year ended 31 March 2025. Office: Chennai, Tamil Nadu.

As per the financials filed for FY 2025, the company reported a revenue of ₹53.16 Lakh, reflecting significant growth compared to the previous year.

The company is associated with 1 brand - Proctek.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website proctek.in.

Company Details of Simplified Procurement Services Private Limited
CIN U51909TN2017PTC119961
Registration Number 119961
Incorporation Date 13 December 2017
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 05 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
  • Registered Address
    No 37/22 6Th Floor Chamiers Towers, Chamiers Road, Chennai, Tamil Nadu, India – 600018
  • Industry
    Metals and Minerals, Metal Retail & Distribution
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Financials, compliance, directors, charges, ownership and filings for Simplified Procurement Services Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Simplified Procurement Services Private Limited

Simplified Procurement Services Private Limited has one previous CIN (Corporate Identification Number): U51909TN2017OPC119961. The current CIN is U51909TN2017PTC119961, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U51909TN2017PTC119961 Current
U51909TN2017OPC119961 Previous

Associated Brands with Simplified Procurement Services Private Limited

Simplified Procurement Services Private Limited operates one associated brand: Proctek. These brands represent Simplified Procurement Services Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Offers a web-enabled digital platform for comprehensive procurement management solutions. proctek.in

Competitors & Alternatives of Simplified Procurement Services Private Limited

Brands and companies operating in the same space as Simplified Procurement Services Private Limited include Concertiv, Levelpath, Omnea and 7 more.

Competitor Description Location Founded
Concertiv Concertiv Web-enabled end-to-end procurement management solutions are provided. New York, United States, United States 2014
Levelpath Levelpath Software solutions for procurement and supply chain management are provided. San Francisco, United States, United States 2022
Omnea Omnea Web-enabled solutions for procurement orchestration in supply chains are offered. London, United Kingdom, United Kingdom 2021
BirchStreet Systems BirchStreet Systems Cloud-based procure-to-pay solutions are delivered for business management. Newport Beach, United States, United States 2002
Arkestro Arkestro Web-based solutions for procurement management and supplier oversight are provided. San Francisco, United States, United States 2017
VendorPanel VendorPanel SaaS-based source-to-contract platform is provided for governments, utilities, and corporates. Melbourne, Australia, Australia 2008
Velostics Velostics SaaS-enabled solutions for procurement and transportation management are provided. Houston, United States, United States 2017
BuyerQuest BuyerQuest Procure-to-pay software is provided for e-procurement and spend management. Cleveland, United States, United States 2011
Tacto Tacto Builds future-proof digital, and sustainable supply chain for industrial organizations Munich, Germany, Germany 2020
akirolabs akirolabs AI and web-based procurement management solutions are provided. Bocholt, Germany, Germany 2020

Business Activity of Simplified Procurement Services Private Limited

Simplified Procurement Services Private Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
G Trade G1 Wholesale Trading Locked
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Board of Directors of Simplified Procurement Services Private Limited

Simplified Procurement Services Private Limited is currently managed by 2 directors, with 3 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Venkata Raman Krishna Sankar Director 24 Dec 2020 5 Years 7 Months Current
Sundaresan Yogeshwaran Director 13 Dec 2017 8 Years 7 Months Current

Financials of Simplified Procurement Services Private Limited FY 2025 filings available

Simplified Procurement Services Private Limited reported revenue of ₹53.16 Lakh (up 350.00% YoY) for FY 2025.

Revenue · FY 2025
₹53.16 Lakh ▲ 350.00%
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Ten-year financial statements for Simplified Procurement Services Private Limited

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Charges & Borrowings Simplified Procurement Services Private Limited

Simplified Procurement Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Simplified Procurement Services Private Limited

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Employee and EPFO history for Simplified Procurement Services Private Limited

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GST Compliance of Simplified Procurement Services Private Limited

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GST registrations and filing compliance for Simplified Procurement Services Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Simplified Procurement Services Private Limited

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Credit ratings, litigation, and regulatory alerts for Simplified Procurement Services Private Limited

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MSME Payment Delays by Simplified Procurement Services Private Limited

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MSME payment history for Simplified Procurement Services Private Limited

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Subsidiaries & Group Companies of Simplified Procurement Services Private Limited

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Corporate group structure for Simplified Procurement Services Private Limited

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MCA Filings & Documents of Simplified Procurement Services Private Limited

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MCA filings and documents for Simplified Procurement Services Private Limited

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Recent Activity on Simplified Procurement Services Private Limited

Activity
05 Sep 2025
Simplified Procurement Services Private Limited last Annual general meeting of members was held on 05 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Simplified Procurement Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Directors
24 Dec 2020
Venkata Raman Krishna Sankar was appointed as a Director on 24 Dec 2020 & has been associated with this company since 5 years 7 months.
Directors
13 Dec 2017
Sundaresan Yogeshwaran was appointed as a Director on 13 Dec 2017 & has been associated with this company since 8 years 7 months.
Activity
13 Dec 2017
Simplified Procurement Services Private Limited was registered on 13 Dec 2017 with Roc Chennai & aged 8 years 7 months as per MCA records.

Frequently Asked Questions about Simplified Procurement Services Private Limited

Simplified Procurement Services Private Limited is an active private limited company in the metals and minerals sector based in Chennai, Tamil Nadu, India. It was incorporated on 13 December 2017 (9+ years old) and is registered under CIN U51909TN2017PTC119961.

Simplified Procurement Services Private Limited reported revenue of ₹53.16 Lakh for FY 2025 (up 350.00% YoY).

The current directors of Simplified Procurement Services Private Limited are:

The primary industry of Simplified Procurement Services Private Limited is metals and minerals. The company specifically operates in metal retail and distribution. The company is currently active in this sector.

Yes, Simplified Procurement Services Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Simplified Procurement Services Private Limited can be reached at the registered office: No 3722 6Th Floor Chamiers Towers, Chamiers Road, Chennai, Tamil Nadu, India – 600018, or through the website proctek.in.

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