Pro Innovative Technologies Private Limited

Provides EMS and manufactures electronic components for various industries, including automotive, medical, and telecom.

2005 | Bangaluru, Karnataka (India) | Active
Last Updated: December 26, 2024

Pro Innovative Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 19 Year, 5 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 3.80 Cr
  • Satisfied Charges ₹ 9.43 Cr
  • Revenue Growth 32.24%
  • Profit Growth -1266.54%
  • Ebitda -134.85%
  • Net Worth -29.11%
  • Total Assets 21.33%

About Pro Innovative Technologies

Pro Innovative Technologies Private Limited (PITPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 August 2005 and has a history of 19 years and five months. 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 2021. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹3.80 Cr. The company has closed loans amounting to ₹9.43 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dhiren Shah and Rupa Shah serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    proinnovative.net

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U32109KA2005PTC037105

  • Company No.

    037105

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Aug 2005

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

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

Board Members (2)

NameDesignationAppointment DateStatus
Dhiren Shah Country flag representing In Director 31-Aug-2005Current
Rupa Shah Country flag representing In Director 31-Aug-2005Current

Financial Performance of Pro Innovative Technologies.

Pro Innovative Technologies Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 32.24% increase. The company also saw a substantial fall in profitability, with a 1266.54% decrease in profit. The company's net worth observed a substantial decline by a decrease of 29.11%.

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
32.24%
Revenue from Operations
32.56%
Total Assets
21.33%
Profit or Loss
-1266.54%
Net Worth
-29.11%
EBITDA
-134.85%

What is the Ownership and Shareholding Structure of Pro Innovative Technologies?

In 2018, Pro Innovative Technologies had a promoter holding of 51.00% and a public holding of 49.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.80 Cr

Satisfied Charges

₹9.43 Cr

Charges Breakdown by Lending Institutions

  • Others : 3.80 Cr

Latest Charge Details

DateLenderAmountStatus
09 Jan 2017Others₹3.80 CrOpen
13 Oct 2015Indusind Bank Limited₹4.30 CrSatisfied
12 Oct 2011Ing Vysya Bank Limited₹2.40 CrSatisfied
26 Aug 2010Small Industries Development Bank Of India₹1.00 CrSatisfied
28 Jul 2010Yes Bank Limited₹1.05 CrSatisfied

How Many Employees Work at Pro Innovative Technologies?

Pro Innovative Technologies has a workforce of 3 employees as of Apr 06, 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 Pro Innovative 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 Pro Innovative 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 Pro Innovative Technologies

Recent activity within the organization

  • Annual General Meeting

    Pro Innovative Technologies Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Pro Innovative Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.

    31 Mar 2021

  • Charges

    A charge with Others of Rs. 3.80 Cr registered on 09 Jan 2017 with Charge ID 100094191 was modified on 20 Feb 2019.

    20 Feb 2019

  • Charges

    A charge registered on 13 Oct 2015 via Charge ID 10619641 with Indusind Bank Limited was fully satisfied on 29 Jun 2018.

    29 Jun 2018

  • Charges

    A charge registered on 26 Aug 2010 via Charge ID 10238461 with Small Industries Development Bank Of India was fully satisfied on 13 Jun 2018.

    13 Jun 2018

  • Charges

    A charge registered on 05 May 2009 via Charge ID 10163531 with Small Industries Development Bank Of India was fully satisfied on 13 Jun 2018.

    13 Jun 2018

Frequently asked questions

  • What is the Incorporation or founding date of Pro Innovative Technologies Private Limited?

    Pro Innovative Technologies Private Limited was incorporated on 31 Aug 2005.

  • What is authorized share capital and paid-up capital of Pro Innovative Technologies Private Limited?

    The authorized share capital of Pro Innovative Technologies Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Pro Innovative Technologies Private Limited?

    Currently 2 directors are associated with Pro Innovative Technologies Private Limited.

    • Dhiren Mansukhlal Shah
    • Rupa Dhiren Shah
  • What is the registered address of Pro Innovative Technologies Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Pro Innovative Technologies Private Limited is No. 36/2 Madnayakana Halli Dasanapura Hobli, Tumkur Road India, Bangalore, Karnataka, 562123.

  • What is the corporate identification number (CIN) and company number of Pro Innovative Technologies Private Limited?

    The corporate identification number (CIN) of Pro Innovative Technologies Private Limited is U32109KA2005PTC037105 and the company number is 037105 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Pro Innovative Technologies Private Limited?

    The Official website of Pro Innovative Technologies Private Limited is https://www.proinnovative.net

  • What has been the recent revenue trend for Pro Innovative Technologies Private Limited?

    According to the financial reports for the fiscal year 2019, the revenue trend for Pro Innovative Technologies Private Limited has risen by 32.24%.

  • How many employees does Pro Innovative Technologies Private Limited currently have?

    As Per 2019 financial reports, 3 employees are currently employed by Pro Innovative Technologies Private Limited.

  • What change has been observed in the net worth of Pro Innovative Technologies Private Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Pro Innovative Technologies Private Limited has experienced an downturn of -29.11%.

  • What are the total open charges for Pro Innovative Technologies Private Limited?

    As per the financial statements for fiscal Year 2019, The total open charges for Pro Innovative Technologies Private Limited amount to ₹ 3.80 Cr.

  • When was the last Balance Sheet of Pro Innovative Technologies Private Limited filed with the ROC?

    The most recent Balance Sheet for Pro Innovative Technologies Private Limited was filed with the ROC on 31 Mar 2021.

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