Procreate Infosolutions India Limited

IT company specializing in software and hardware development, data processing, and call center services.

2009 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: January 01, 2025

Procreate Infosolutions India Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 15 Year, 4 Months
  • Last Filing with ROC 31 Mar 2018
  • Satisfied Charges ₹ 3.00 M
  • Revenue Growth -27.97%
  • Profit Growth 99.19%
  • Ebitda 96.51%
  • Net Worth -0.14%
  • Total Assets -32.49%

About Procreate Infosolutions India

Procreate Infosolutions India Limited (PIIL) is a Public Limited Indian Non-Government Company incorporated in India on 18 September 2009 and has a history of 15 years and four months. Its registered office is in Coimbatore, Tamil Nadu, 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 2018. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M.

The company has closed loans amounting to ₹3.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Chandrareddy Lohith, Puneeta Konda, and Poongothai Pakkiriswamy serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200TZ2009PLC015501

  • Company No.

    015501

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Sep 2009

  • Date of AGM

    29 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Information Technology

Who are the key members and board of directors at Procreate Infosolutions India?

Executive Team (1)

Name Designation Appointment Date Status
Chandrareddy Lohith Country flag representing In Managing Director 09-Nov-2009 Current

Board Members (2)

Name Designation Appointment Date Status
Puneeta Konda Country flag representing In Additional Director 15-Jan-2016 Current
Poongothai Pakkiriswamy Country flag representing In Director 03-Mar-2014 Current

Financial Performance of Procreate Infosolutions India.

Procreate Infosolutions India Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 27.97% decrease. The company also saw a substantial improvement in profitability, with a 99.19% increase in profit. The company's net worth dipped by a decrease of 0.14%.

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
-27.97%
Revenue from Operations
-20.68%
Total Assets
-32.49%
Profit or Loss
99.19%
Net Worth
-0.14%
EBITDA
96.51%

What is the Ownership and Shareholding Structure of Procreate Infosolutions India?

In 2018, Procreate Infosolutions India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹3.00 M

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 0.30 Cr

Latest Charge Details

Date Lender Amount Status
03 Aug 2010 Union Bank Of India ₹3.00 M Satisfied

How Many Employees Work at Procreate Infosolutions India?

Unlock and access historical data on people associated with Procreate Infosolutions India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Procreate Infosolutions India, 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 Procreate Infosolutions India'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 Procreate Infosolutions India

Recent activity within the organization

  • Charges

    A charge registered on 03 Aug 2010 via Charge ID 10233904 with Union Bank Of India was fully satisfied on 19 Nov 2020.

    19 Nov 2020

  • Annual General Meeting

    Procreate Infosolutions India Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

    29 Sep 2018

  • Balance Sheet

    Procreate Infosolutions India Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Coimbatore.

    31 Mar 2018

  • Director Appointment

    Puneeta Reddy Konda was appointed as a Additional Director was appointed as a Additional Director on 15 Jan 2016 & has been associated with this company since 9 years 29 days .

    15 Jan 2016

  • Director Appointment

    Poongothai Pakkiriswamy was appointed as a Director was appointed as a Director on 03 Mar 2014 & has been associated with this company since 10 years 11 months .

    03 Mar 2014

  • Charges

    A charge with Union Bank Of India amounted to Rs. 3.00 M with Charge ID 10233904 was registered on 03 Aug 2010.

    03 Aug 2010

Frequently asked questions

  • Procreate Infosolutions India Limited was incorporated on 18 Sep 2009.

  • The authorized share capital of Procreate Infosolutions India Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Procreate Infosolutions India Limited.

    • Chandrareddy Lohith
    • Puneeta Reddy Konda
    • Poongothai Pakkiriswamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Procreate Infosolutions India Limited is Sf.No 27/8 Ananda Nagar S.R.K.V Post, India, Perianaickenpalayam, Tamil Nadu, 641020.

  • The corporate identification number (CIN) of Procreate Infosolutions India Limited is U72200TZ2009PLC015501 and the company number is 015501 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2018, the revenue trend for Procreate Infosolutions India Limited has fallen by -27.97%.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Procreate Infosolutions India Limited has experienced an downturn of -0.14%.

  • The most recent Balance Sheet for Procreate Infosolutions India Limited was filed with the ROC on 31 Mar 2018.

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