Prakash Software Solutions Private Limited

Software development company offering sharepoint, open source, mobile app, and IT services since 2001.

2001 | Vadodara, Gujarat (India) | Active
Last Updated: January 27, 2025

Prakash Software Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 75.00 K
  • Company Age 23 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.94 Cr
  • Satisfied Charges ₹ 0.50 M
  • Revenue Growth 22.16%
  • Profit Growth -20.40%
  • Ebitda 30.80%
  • Net Worth 26.96%
  • Total Assets 30.12%

About Prakash Software Solutions

Prakash Software Solutions Private Limited (PSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 April 2001 and has a history of 23 years and ten months. Its registered office is in Vadodara, Gujarat, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 75.00 K .

The company currently has active open charges totaling ₹2.94 Cr. The company has closed loans amounting to ₹0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Hardik Suryakant and Pratiksha Shah serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U72200GJ2001PTC039384

  • Company No.

    039384

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Apr 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Information Technology

What products or services does Prakash Software Solutions Private Limited offer?

Prakash Software Solutions Private Limited offers a wide range of products and services, including Website Development Services, PHP Development, Mobile Application Development, Android Application Development Services, Software Development Services, Operating Systems, Microsoft Windows, Computer & Mobile Apps Development, Application Development Service, Computer and Mobile Softwares & Apps.

Who are the key members and board of directors at Prakash Software Solutions?

Executive Team (1)

Name Designation Appointment Date Status
Hardik Suryakant Country flag representing In Managing Director 03-Apr-2001 Current

Board Members (1)

Name Designation Appointment Date Status
Pratiksha Shah Country flag representing In Director 16-Sep-2019 Current

Financial Performance of Prakash Software Solutions.

Prakash Software Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.16% increase. The company also saw a substantial fall in profitability, with a 20.4% decrease in profit. The company's net worth Soared by an impressive increase of 26.96%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
22.16%
Revenue from Operations
29.63%
Total Assets
30.12%
Profit or Loss
-20.40%
Net Worth
26.96%
EBITDA
30.80%

What is the Ownership and Shareholding Structure of Prakash Software Solutions?

Unlock access to Prakash Software Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹29.40 M

Satisfied Charges

₹0.50 M

Charges Breakdown by Lending Institutions

  • Others : 2.94 Cr

Latest Charge Details

Date Lender Amount Status
24 May 2022 Others ₹1.34 Cr Open
25 Dec 2020 Others ₹1.60 Cr Open
03 Feb 2010 Axis Bank Limited ₹0.50 M Satisfied

How Many Employees Work at Prakash Software Solutions?

Prakash Software Solutions has a workforce of 94 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prakash Software Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Prakash Software Solutions's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Prakash Software Solutions

Recent activity within the organization

  • Annual General Meeting

    Prakash Software Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Prakash Software Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 13.40 M with Charge ID 100593046 was registered on 24 May 2022.

    24 May 2022

  • Charges

    A charge with Others amounted to Rs. 16.00 M with Charge ID 100402048 was registered on 25 Dec 2020.

    25 Dec 2020

  • Director Appointment

    Pratiksha Hardik Shah was appointed as a Director was appointed as a Director on 16 Sep 2019 & has been associated with this company since 5 years 5 months .

    16 Sep 2019

  • Charges

    A charge registered on 03 Feb 2010 via Charge ID 10202260 with Axis Bank Limited was fully satisfied on 01 Sep 2016.

    01 Sep 2016

Frequently asked questions

  • Prakash Software Solutions Private Limited was incorporated on 03 Apr 2001.

  • The authorized share capital of Prakash Software Solutions Private Limited is ₹ 0.10 M and paid-up capital is ₹ 75.00 K .

  • Currently 2 directors are associated with Prakash Software Solutions Private Limited.

    • Hardik Shah Suryakant
    • Pratiksha Hardik Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prakash Software Solutions Private Limited is 601 Ananta Stallion Beside Sears Tower Village Sevasi Taluka, India, Vadodara, Gujarat, 391101.

  • The corporate identification number (CIN) of Prakash Software Solutions Private Limited is U72200GJ2001PTC039384 and the company number is 039384 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prakash Software Solutions Private Limited is https://www.prakashinfotech.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prakash Software Solutions Private Limited has risen by 22.16%.

  • As Per 2023 financial reports, 94 employees are currently employed by Prakash Software Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prakash Software Solutions Private Limited has experienced an upsurge of 26.96%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prakash Software Solutions Private Limited amount to ₹ 2.94 Cr.

  • The most recent Balance Sheet for Prakash Software Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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