Prakat Solutions Private Limited

Provides software, data, and support services through computer programming and consultancy.

2010 | Bangalore, Karnataka (India) | Active
Last Updated: January 21, 2025

Prakat Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 14 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.25 Cr
  • Revenue Growth -1.76%
  • Profit Growth -150.43%
  • Ebitda -118.40%
  • Net Worth -29.74%
  • Total Assets -44.28%

About Prakat Solutions

Prakat Solutions Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 March 2010 and has a history of 14 years and 11 months. Its registered office is in Bangalore, Karnataka, 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 0.10 M.

The company currently has active open charges totaling ₹1.25 Cr.

Viswanath Shenoy and Anuradha Biswas serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2010PTC052753

  • Company No.

    052753

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Mar 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Prakat Solutions Private Limited offer?

Prakat Solutions Private Limited offers a wide range of products and services, including IT, Networking & Automation Solution, IT Solutions.

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

Board Members (2)

NameDesignationAppointment DateStatus
Anuradha Biswas Country flag representing In Director 15-Dec-2010Current
Viswanath Shenoy Country flag representing In Additional Director 29-Feb-2024Current

Financial Performance of Prakat Solutions.

Prakat Solutions Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.76% decrease. The company also saw a substantial fall in profitability, with a 150.43% decrease in profit. The company's net worth observed a substantial decline by a decrease of 29.74%.

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
-1.76%
Revenue from Operations
-1.80%
Total Assets
-44.28%
Profit or Loss
-150.43%
Net Worth
-29.74%
EBITDA
-118.40%

What is the Ownership and Shareholding Structure of Prakat Solutions?

In 2023, Prakat Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.25 Cr

Latest Charge Details

DateLenderAmountStatus
19 Dec 2019Others₹1.25 CrOpen

How Many Employees Work at Prakat Solutions?

Prakat Solutions has a workforce of 83 employees as of Apr 05, 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 Prakat 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 Prakat 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 Prakat Solutions

Recent activity within the organization

  • Director Appointment

    Viswanath Diwakar Shenoy was appointed as a Additional Director was appointed as a Additional Director on 29 Feb 2024 & has been associated with this company since 11 months 2 days .

    29 Feb 2024

  • Annual General Meeting

    Prakat 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

    Prakat Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 12.50 M registered on 19 Dec 2019 with Charge ID 100314919 was modified on 21 Jul 2022.

    21 Jul 2022

  • Charges

    A charge with Others amounted to Rs. 12.50 M with Charge ID 100314919 was registered on 19 Dec 2019.

    19 Dec 2019

  • Director Appointment

    Anuradha Biswas was appointed as a Director was appointed as a Director on 15 Dec 2010 & has been associated with this company since 14 years 1 month .

    15 Dec 2010

Frequently asked questions

  • Prakat Solutions Private Limited was incorporated on 03 Mar 2010.

  • The authorized share capital of Prakat Solutions Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Prakat Solutions Private Limited.

    • Viswanath Diwakar Shenoy
    • Anuradha Biswas
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prakat Solutions Private Limited is 147 Rainbow Residency Off Sarjapura Road Junnasandra Village, Carmelaram India, Bangalore, Karnataka, 560035.

  • The corporate identification number (CIN) of Prakat Solutions Private Limited is U72200KA2010PTC052753 and the company number is 052753 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prakat Solutions Private Limited is https://www.prakat.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prakat Solutions Private Limited has fallen by -1.76%.

  • As Per 2023 financial reports, 83 employees are currently employed by Prakat Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prakat Solutions Private Limited has experienced an downturn of -29.74%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prakat Solutions Private Limited amount to ₹ 1.25 Cr.

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

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