Prawega Tech Solutions Private Limited

Develops and provides software and hardware solutions in various technology areas.

2021 | Bangaluru, Karnataka (India) | Active
Last Updated: January 05, 2025

Prawega Tech Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 3 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.70 M
  • Revenue Growth 451.24%
  • Profit Growth 295.14%
  • Ebitda 898.70%
  • Net Worth 335.10%
  • Total Assets 248.06%

About Prawega Tech Solutions

Prawega Tech Solutions Private Limited (PTSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 28 October 2021 (Three years and three months 3 days old ). Its registered office is in Bangaluru, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 0.20 M.

The company currently has active open charges totaling ₹2.70 M.

Vasishta Haavanur and Nanditha Rao serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2021PTC153711

  • Company No.

    153711

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Oct 2021

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

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

Board Members (2)

NameDesignationAppointment DateStatus
Vasishta Haavanur Country flag representing In Director 28-Oct-2021Current
Nanditha Rao Director 29-Aug-2024Current

Financial Performance of Prawega Tech Solutions.

Prawega Tech Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 451.24% increase. The company also saw a substantial improvement in profitability, with a 295.14% increase in profit. The company's net worth Soared by an impressive increase of 335.1%.

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
451.24%
Revenue from Operations
449.21%
Total Assets
248.06%
Profit or Loss
295.14%
Net Worth
335.10%
EBITDA
898.70%

What is the Ownership and Shareholding Structure of Prawega Tech Solutions?

Unlock access to Prawega Tech 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

₹2.70 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.27 Cr

Latest Charge Details

DateLenderAmountStatus
07 Aug 2024Axis Bank Limited₹2.70 MOpen

How Many Employees Work at Prawega Tech Solutions?

Prawega Tech Solutions has a workforce of 0 employees as of Apr 01, 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 Prawega Tech 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 Prawega Tech 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 Prawega Tech Solutions

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Director Appointment

    Nanditha Ranganatha Rao was appointed as a Director was appointed as a Director on 29 Aug 2024 & has been associated with this company since 5 months 2 days .

    29 Aug 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.70 M with Charge ID 100962653 was registered on 07 Aug 2024.

    07 Aug 2024

  • Balance Sheet

    Prawega Tech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Vasishta Haavanur was appointed as a Director was appointed as a Director on 28 Oct 2021 & has been associated with this company since 3 years 3 months .

    28 Oct 2021

  • Company Incorporation

    Prawega Tech Solutions Private Limited was registered on 28 Oct 2021 with Roc Bangalore & aged 3 years 3 months as per MCA records.

    28 Oct 2021

Frequently asked questions

  • Prawega Tech Solutions Private Limited was incorporated on 28 Oct 2021.

  • The authorized share capital of Prawega Tech Solutions Private Limited is ₹ 1.50 M and paid-up capital is ₹ 0.20 M.

  • Currently 2 directors are associated with Prawega Tech Solutions Private Limited.

    • Vasishta Haavanur
    • Nanditha Ranganatha Rao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prawega Tech Solutions Private Limited is 1764 Aditi Classic 3Rd Floor 34Th Cross Banashankari 2Nd Stage, India, Bangalore, Karnataka, 560070.

  • The corporate identification number (CIN) of Prawega Tech Solutions Private Limited is U72200KA2021PTC153711 and the company number is 153711 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prawega Tech Solutions Private Limited has risen by 451.24%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prawega Tech Solutions Private Limited has experienced an upsurge of 335.10%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prawega Tech Solutions Private Limited amount to ₹ 2.70 M.

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

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