Prasanna Technologies Private Limited

Software solutions for electricity distribution companies in Karnataka.

2008 | Dakshina Kannada, Karnataka (India) | Active
Last Updated: January 17, 2025

Prasanna Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 16 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11.84 Cr
  • Satisfied Charges ₹ 18.05 Cr
  • Revenue Growth 3.45%
  • Profit Growth -34.32%
  • Ebitda 3.96%
  • Net Worth 2.41%
  • Total Assets 16.07%

About Prasanna Technologies

Prasanna Technologies Private Limited (PTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 December 2008 and has a history of 16 years and two months. Its registered office is in Dakshina Kannada, 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 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹11.84 Cr. The company has closed loans amounting to ₹18.05 Cr, as per Ministry of Corporate Affairs (MCA) records.

Subhod Shetty, Anjali Shetty, Mithil Puthran, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U72900KA2008PTC048512

  • Company No.

    048512

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Dec 2008

  • 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 Prasanna Technologies Private Limited offer?

Prasanna Technologies Private Limited offers a wide range of products and services, including Computer and Mobile Softwares & Apps, ERP Packages.

Who are the key members and board of directors at Prasanna Technologies?

Executive Team (1)

Name Designation Appointment Date Status
Subhod Shetty Country flag representing In Managing Director 04-Dec-2008 Current

Board Members (4)

Name Designation Appointment Date Status
Mithil Puthran Country flag representing In Director 04-Dec-2008 Current
Anjali Shetty Country flag representing In Director 04-Dec-2008 Current
Subhash Kini Country flag representing In Director 04-Dec-2008 Current
Sathyapal Hegde Country flag representing In Director 01-Jun-2012 Current

Financial Performance of Prasanna Technologies.

Prasanna Technologies Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.45% increase. The company also saw a substantial fall in profitability, with a 34.32% decrease in profit. The company's net worth moved up by a moderate rise of 2.41%.

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
3.45%
Revenue from Operations
4.62%
Total Assets
16.07%
Profit or Loss
-34.32%
Net Worth
2.41%
EBITDA
3.96%

What is the Ownership and Shareholding Structure of Prasanna Technologies?

In 2023, Prasanna Technologies had a public holding of 24.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹118.40 M

Satisfied Charges

₹180.47 M

Charges Breakdown by Lending Institutions

  • Others : 11.70 Cr
  • Canara Bank : 0.14 Cr

Latest Charge Details

Date Lender Amount Status
24 Jul 2019 Canara Bank ₹1.40 M Open
06 Mar 2013 Others ₹11.70 Cr Open
18 Nov 2019 Hdfc Bank Limited ₹11.00 Cr Satisfied
29 Nov 2018 Hdfc Bank Limited ₹4.00 Cr Satisfied
26 Jul 2011 Corporation Bank ₹3.01 Cr Satisfied

How Many Employees Work at Prasanna Technologies?

Prasanna Technologies has a workforce of 348 employees as of Mar 24, 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 Prasanna Technologies, 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 Prasanna Technologies'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 Prasanna Technologies

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 117.00 M registered on 06 Mar 2013 with Charge ID 10414309 was modified on 02 Jan 2024.

    02 Jan 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge registered on 18 Nov 2019 via Charge ID 100322312 with Hdfc Bank Limited was fully satisfied on 05 Apr 2023.

    05 Apr 2023

  • Charges

    A charge registered on 29 Nov 2018 via Charge ID 100223741 with Hdfc Bank Limited was fully satisfied on 05 Apr 2023.

    05 Apr 2023

  • Balance Sheet

    Prasanna Technologies 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 Hdfc Bank Limited amounted to Rs. 110.00 M with Charge ID 100322312 was registered on 18 Nov 2019.

    18 Nov 2019

Frequently asked questions

  • Prasanna Technologies Private Limited was incorporated on 04 Dec 2008.

  • The authorized share capital of Prasanna Technologies Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 5 directors are associated with Prasanna Technologies Private Limited.

    • Subhod Chandra Shetty
    • Anjali Shetty
    • Mithil Vishwanath Puthran
    • Subhash Ramanath Kini
    • Sathyapal Hegde
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prasanna Technologies Private Limited is Door No. 4-8-732/57 58 2Nd Floor Essel Centre M.G. Road, Kodialbail India, Mangalore, Karnataka, 575003.

  • The corporate identification number (CIN) of Prasanna Technologies Private Limited is U72900KA2008PTC048512 and the company number is 048512 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prasanna Technologies Private Limited is https://www.prasannatechnologies.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prasanna Technologies Private Limited has risen by 3.45%.

  • As Per 2023 financial reports, 348 employees are currently employed by Prasanna Technologies Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prasanna Technologies Private Limited has experienced an upsurge of 2.41%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prasanna Technologies Private Limited amount to ₹ 11.84 Cr.

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

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