Prodancy Private Limited

Provides industrial and embedded design consulting services to various organizations in multiple industries.

2020 | Bangaluru, Karnataka (India) | Active
Last Updated: November 15, 2024

Prodancy Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.14 M
  • Company Age 4 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.10 M
  • Satisfied Charges ₹ 1.80 M
  • Revenue Growth -40.42%
  • Profit Growth -504.20%
  • Ebitda -363.25%
  • Net Worth -13.15%
  • Total Assets -37.89%

About Prodancy

Prodancy Private Limited (PPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 18 September 2020 (Four years and four months 17 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Engineering 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 2.00 M and a paid-up capital of Rs 1.14 M.

The company currently has active open charges totaling ₹2.10 M. The company has closed loans amounting to ₹1.80 M, as per Ministry of Corporate Affairs (MCA) records.

Vamana Pradeep and Venkatesh Parthasarathy 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

    U74999KA2020PTC138754

  • Company No.

    138754

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Sep 2020

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Engineering

Who are the key members and board of directors at Prodancy?

Board Members (2)

Name Designation Appointment Date Status
Vamana Pradeep Country flag representing In Director 26-Nov-2021 Current
Venkatesh Parthasarathy Country flag representing In Director 18-Sep-2020 Current

Financial Performance of Prodancy.

Prodancy Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 40.42% decrease. The company also saw a substantial fall in profitability, with a 504.2% decrease in profit. The company's net worth observed a substantial decline by a decrease of 13.15%.

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
-40.42%
Revenue from Operations
-40.42%
Total Assets
-37.89%
Profit or Loss
-504.20%
Net Worth
-13.15%
EBITDA
-363.25%

What is the Ownership and Shareholding Structure of Prodancy?

In 2023, Prodancy had a public holding of 2.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.10 M

Satisfied Charges

₹1.80 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.21 Cr

Latest Charge Details

Date Lender Amount Status
27 May 2024 Hdfc Bank Limited ₹2.10 M Open
19 May 2023 State Bank Of India ₹1.80 M Satisfied

How Many Employees Work at Prodancy?

Prodancy has a workforce of 0 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 Prodancy, 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 Prodancy'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 Prodancy

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.10 M with Charge ID 100933713 was registered on 27 May 2024.

    27 May 2024

  • Charges

    A charge registered on 19 May 2023 via Charge ID 100732733 with State Bank Of India was fully satisfied on 17 May 2024.

    17 May 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.80 M with Charge ID 100732733 was registered on 19 May 2023.

    19 May 2023

  • Director Appointment

    Vamana Rao Pradeep was appointed as a Director was appointed as a Director on 26 Nov 2021 & has been associated with this company since 3 years 2 months .

    26 Nov 2021

Frequently asked questions

  • Prodancy Private Limited was incorporated on 18 Sep 2020.

  • The authorized share capital of Prodancy Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.14 M.

  • Currently 2 directors are associated with Prodancy Private Limited.

    • Vamana Rao Pradeep
    • Venkatesh Parthasarathy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prodancy Private Limited is No. 2290 Mig 5Th B Main Road 3 Phase Satellite Town, Yelahanka India, Bangalore, Karnataka, 560064.

  • The corporate identification number (CIN) of Prodancy Private Limited is U74999KA2020PTC138754 and the company number is 138754 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prodancy Private Limited is https://www.prodancy.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Prodancy Private Limited has fallen by -40.42%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Prodancy Private Limited has experienced an downturn of -13.15%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Prodancy Private Limited amount to ₹ 2.10 M.

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

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