Proarch It Solutions Private Limited

Provides advisory, software development, cybersecurity, cloud, infrastructure, data analytics, AI, and consulting services.

2006 | Hyderabad, Telangana (India) | Active
Last Updated: June 26, 2024

Proarch It Solutions Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 0.10 M
  • Company Age 18 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.00 Cr
  • Satisfied Charges ₹ 5.00 M
  • Revenue Growth 44.79%
  • Profit Growth -109.14%
  • Ebitda -127.58%
  • Net Worth -1.28%
  • Total Assets 25.17%

About Proarch It Solutions

Proarch It Solutions Private Limited (PISPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 March 2006 and has a history of 18 years and ten months. 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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.00 Cr. The company has closed loans amounting to ₹5.00 M, as per Ministry of Corporate Affairs (MCA) records.

Venkatateswara Kadem, Swarnalatha Kaveti, Lakshman Kaveti, and One other member serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TG2006PTC049561

  • Company No.

    049561

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Mar 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

What products or services does Proarch It Solutions Private Limited offer?

Proarch It Solutions Private Limited offers a wide range of products and services, including Computer and Mobile Softwares & Apps, Operating Systems.

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

Board Members (4)

Name Designation Appointment Date Status
Santosh Kaveti Country flag representing In Director 22-Mar-2006 Current
Lakshman Kaveti Country flag representing In Director 22-Mar-2006 Current
Venkatateswara Kadem Country flag representing In Director 20-Feb-2014 Current
Swarnalatha Kaveti Country flag representing In Director 01-Dec-2006 Current

Financial Performance of Proarch It Solutions.

Proarch It Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.79% increase. The company also saw a substantial fall in profitability, with a 109.14% decrease in profit. The company's net worth dipped by a decrease of 1.28%.

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
44.79%
Revenue from Operations
42.50%
Total Assets
25.17%
Profit or Loss
-109.14%
Net Worth
-1.28%
EBITDA
-127.58%

What is the Ownership and Shareholding Structure of Proarch It Solutions?

In 2023, Proarch It Solutions had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.00 Cr

Satisfied Charges

₹0.50 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 2.00 Cr

Latest Charge Details

Date Lender Amount Status
14 Jul 2020 Axis Bank Limited ₹2.00 Cr Open
19 Dec 2019 Hdfc Bank Limited ₹5.00 M Satisfied

How Many Employees Work at Proarch It Solutions?

Proarch It Solutions has a workforce of 169 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 Proarch It 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 Proarch It 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 Proarch It Solutions

Recent activity within the organization

  • Annual General Meeting

    Proarch It Solutions 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 with Axis Bank Limited of Rs. 2.00 Cr registered on 14 Jul 2020 with Charge ID 100356692 was modified on 01 Sep 2023.

    01 Sep 2023

  • Balance Sheet

    Proarch It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge registered on 19 Dec 2019 via Charge ID 100312628 with Hdfc Bank Limited was fully satisfied on 15 Jul 2020.

    15 Jul 2020

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100356692 was registered on 14 Jul 2020.

    14 Jul 2020

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100312628 was registered on 19 Dec 2019.

    19 Dec 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Proarch It Solutions Private Limited was incorporated on 22 Mar 2006.

  • The authorized share capital of Proarch It Solutions Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Proarch It Solutions Private Limited.

    • Venkatateswara Swamy Kadem
    • Swarnalatha Kaveti
    • Lakshman Kaveti
    • Santosh Kumar Kaveti
  • As per Ministry of Corporate Affairs (Mca), the registered address of Proarch It Solutions Private Limited is 3Rd Floor Block 1 Nls Sez Arena No 6 Sy No 1 Ida Uppal, Hyderabad, Telangana, India, 500039.

  • The corporate identification number (CIN) of Proarch It Solutions Private Limited is U72200TG2006PTC049561 and the company number is 049561 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Proarch It Solutions Private Limited is https://www.proarch.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Proarch It Solutions Private Limited has risen by 44.79%.

  • As Per 2023 financial reports, 169 employees are currently employed by Proarch It Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Proarch It Solutions Private Limited has experienced an downturn of -1.28%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Proarch It Solutions Private Limited amount to ₹ 2.00 Cr.

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