Prasthana Software Solutions Private Limited

Provides software and IT services including web, database, and mobile development.

2019 | Hyderabad, Telangana (India) | Active
Last Updated: December 17, 2024

Prasthana Software Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 14 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -6.58%
  • Profit Growth -29.25%
  • Ebitda -30.47%
  • Net Worth 30.69%
  • Total Assets 18.18%

About Prasthana Software Solutions

Prasthana Software Solutions Private Limited (PSSPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 January 2019 (Six years 14 days old ). Its registered office is in Hyderabad, Telangana, 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 2024. 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, as per Ministry of Corporate Affairs (MCA) records.

Lakshmi Maddela, Venkatasatyaramesh Maddela, Srikrishna Yagnamurthy, and One other member serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900TG2019PTC129996

  • Company No.

    129996

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Jan 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

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

Board Members (4)

Name Designation Appointment Date Status
Lakshmi Maddela Country flag representing In Whole-Time Director 24-Jan-2019 Current
Venkatasatyaramesh Maddela Country flag representing In Director 24-Jan-2019 Current
Srikrishna Yagnamurthy Country flag representing In Director 31-Jul-2020 Current
Ranjeet Valmiki Country flag representing In Director 31-Jul-2020 Current

Financial Performance of Prasthana Software Solutions.

Prasthana Software Solutions Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.58% decrease. The company also saw a substantial fall in profitability, with a 29.25% decrease in profit. The company's net worth Soared by an impressive increase of 30.69%.

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
-6.58%
Revenue from Operations
-6.98%
Total Assets
18.18%
Profit or Loss
-29.25%
Net Worth
30.69%
EBITDA
-30.47%

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

Unlock access to Prasthana 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Prasthana Software Solutions?

Prasthana Software Solutions has a workforce of 43 employees as of Apr 07, 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 Prasthana 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 Prasthana 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 Prasthana Software Solutions

Recent activity within the organization

  • Annual General Meeting

    Prasthana Software Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Prasthana Software Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Director Appointment

    Srikrishna Sudheer Yagnamurthy was appointed as a Director was appointed as a Director on 31 Jul 2020 & has been associated with this company since 4 years 6 months .

    31 Jul 2020

  • Director Appointment

    Ranjeet Kumar Valmiki was appointed as a Director was appointed as a Director on 31 Jul 2020 & has been associated with this company since 4 years 6 months .

    31 Jul 2020

  • Director Appointment

    Lakshmi Satish Maddela was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 24 Jan 2019 & has been associated with this company since 6 years 14 days .

    24 Jan 2019

  • Director Appointment

    Venkatasatyaramesh Maddela was appointed as a Director was appointed as a Director on 24 Jan 2019 & has been associated with this company since 6 years 14 days .

    24 Jan 2019

Frequently asked questions

  • Prasthana Software Solutions Private Limited was incorporated on 24 Jan 2019.

  • The authorized share capital of Prasthana Software Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Prasthana Software Solutions Private Limited.

    • Lakshmi Satish Maddela
    • Venkatasatyaramesh Maddela
    • Srikrishna Sudheer Yagnamurthy
    • Ranjeet Kumar Valmiki
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prasthana Software Solutions Private Limited is Plot No-48 Flat No-101 Veera Towers Jayanagar Kukatpally, India, Hyderabad, Telangana, 500081.

  • The corporate identification number (CIN) of Prasthana Software Solutions Private Limited is U72900TG2019PTC129996 and the company number is 129996 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prasthana Software Solutions Private Limited has fallen by -6.58%.

  • As Per 2023 financial reports, 43 employees are currently employed by Prasthana Software Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prasthana Software Solutions Private Limited has experienced an upsurge of 30.69%.

  • The most recent Balance Sheet for Prasthana Software Solutions Private Limited was filed with the ROC on 31 Mar 2024.