Prodapt Solutions Profile
Key Indicators
- Authorised Capital ₹ 23.00 Cr
- Paid Up Capital ₹ 14.44 Cr
- Company Age 26 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 115.25 Cr
- Satisfied Charges ₹ 36.14 Cr
- Revenue Growth 37.77%
- Profit Growth -2.09%
- Ebitda -13.59%
- Net Worth 38.80%
- Total Assets 58.07%
About Prodapt Solutions
Prodapt Solutions Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 January 1999 and has a history of 26 years and two months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Zeetron Solutions Private Limited. 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 23.00 Cr and a paid-up capital of Rs 14.44 Cr.
The company currently has active open charges totaling ₹115.25 Cr. The company has closed loans amounting to ₹36.14 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Prodapt Solutions Private Limited India is Sandeep Somani as COMPANY SECRETARY. Antony Jacob, Jai Jhaver, Gollapudi Vishnu, and Five other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U30007TN1999PTC041798
- Company No.
041798
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Jan 1999
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Information Technology
Who are the key members and board of directors at Prodapt Solutions?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manishkumar Vyas  | Managing Director | 15-Mar-2024 | Current |
| Sandeep Somani | Company Secretary | 08-Sep-2021 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vedant Jhaver  | Whole-Time Director | 29-Jan-1999 | Current |
| Rajiv Chellappa | Director | 22-Jul-2024 | Current |
| Antony Jacob | Director | 01-Oct-2009 | Current |
| Jai Jhaver | Whole-Time Director | 29-Jan-1999 | Current |
| Gollapudi Vishnu | Director | 20-Jan-2000 | Current |
| Udai Dhawan | Director | 06-Sep-2019 | Current |
Financial Performance of Prodapt Solutions.
Prodapt Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 37.77% increase. The company also saw a slight decrease in profitability, with a 2.09% decrease in profit. The company's net worth Soared by an impressive increase of 38.8%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Prodapt Solutions?
In 2021, Prodapt Solutions had a promoter holding of 1.84% and a public holding of 98.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Iitm Incubation CellRaju Venkatraman is a mutual person
- Prodapt Logistics Holdings Private Limited
Jai Jhaver, Gollapudi Vishnu and 1 more are mutual person
- Prodapt Technology Holdings Private Limited
Jai Jhaver, Gollapudi Vishnu and 1 more are mutual person
- Prodapt Properties Llp
Gollapudi Vishnu is a mutual person
Clariant Igl Specialty Chemicals Private LimitedVedant Jhaver is a mutual person
Casagrand Premier Builder LimitedRaju Venkatraman is a mutual person
Charges (Loans)
Open Charges
₹115.25 Cr
Satisfied Charges
₹36.14 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 80.25 Cr
- Citi Bank N.A. : 35.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Mar 2021 | Citi Bank N.A. | ₹35.00 Cr | Open |
| 19 Jun 2018 | Hdfc Bank Limited | ₹15.00 Cr | Open |
| 29 Jun 2016 | Hdfc Bank Limited | ₹13.00 Cr | Open |
| 03 Feb 2015 | Hdfc Bank Limited | ₹52.25 Cr | Open |
| 29 Mar 2017 | Others | ₹3.45 M | Satisfied |
How Many Employees Work at Prodapt Solutions?
Prodapt Solutions has a workforce of 3648 employees as of Apr 03, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Prodapt 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 Prodapt Solutions's trajectory.
Rating
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
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 Prodapt Solutions
Recent activity within the organization
- Annual General Meeting
Prodapt Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Rajiv Lochan Chellappa was appointed as a Director was appointed as a Director on 22 Jul 2024 & has been associated with this company since 8 months 11 days .
- Balance Sheet
Prodapt Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Manishkumar Murlimanohar Vyas was appointed as a Managing Director was appointed as a Managing Director on 15 Mar 2024 & has been associated with this company since 1 year 18 days .
- Charges
A charge registered on 28 Sep 2015 via Charge ID 10615557 with Hdfc Bank Limited was fully satisfied on 27 Mar 2023.
- Charges
A charge with Hdfc Bank Limited of Rs. 15.00 Cr registered on 19 Jun 2018 with Charge ID 100197829 was modified on 16 May 2022.
Recent News, Updates & Announcement
- ServiceNow boosts AI capabilities in telecom with Prodapt investment.
American IT software and services firm ServiceNow announced an investment in Chennai-headquartered IT services and consulting provider, Prodapt Solutions,....
- Affirma Capital Acquires $75 Million Stake in Prodapt, Expands Investment Portfolio in Telco and Digital Media Companies.
Affirma Capital buys stake in Prodapt for $75 million. They work with telcos and digital media companies in US and Europe. Affirma likes their expertise in digital and next-gen tech. They invest $25-75 million in mid-sized firms. They have $3.6 billion in assets and 50+ investments. This is their 4th investment in India in 12 months. They used to be part of Standard Chartered Bank but now they're independent." #InvestmentGoals #AffirmaCapital #ProdaptSolutions #TelcoTech #DigitalMedia #MidSizedFirms #StandardCharteredWho #IndependentNow.
- Prodapt Innovation Lab Launched at IIT Madras Research Park to Accelerate Telecom Research and Innovation.
/PRNewswire/ -- Prodapt announced the opening of its R&D innovation lab at the Indian Institute of Technology (IIT) Madras Research Park at Chennai, India. The....
Frequently asked questions
What is the Incorporation or founding date of Prodapt Solutions Private Limited?
Prodapt Solutions Private Limited was incorporated on 29 Jan 1999.
What is authorized share capital and paid-up capital of Prodapt Solutions Private Limited?
The authorized share capital of Prodapt Solutions Private Limited is ₹ 23.00 Cr and paid-up capital is ₹ 14.44 Cr.
Who are the current board members & directors of Prodapt Solutions Private Limited?
Currently 9 directors are associated with Prodapt Solutions Private Limited.
- Antony Jacob
- Jai Kishan Jhaver
- Gollapudi Vardhan Vishnu
- Vedant Jhaver
- Rajiv Lochan Chellappa
- Sandeep Somani
- Manishkumar Murlimanohar Vyas
- Udai Dhawan
- Raju Venkatraman
What is the registered address of Prodapt Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Prodapt Solutions Private Limited is Prodapt Headquarters No 25 A B South Phase 5Th Cross Street Thiru Vi Industrial Estate, Guindy India, Chennai City Corporation, Tamil Nadu, 600032.
What is the corporate identification number (CIN) and company number of Prodapt Solutions Private Limited?
The corporate identification number (CIN) of Prodapt Solutions Private Limited is U30007TN1999PTC041798 and the company number is 041798 as per Ministry of Corporate Affairs (MCA).
What is the official website of Prodapt Solutions Private Limited?
The Official website of Prodapt Solutions Private Limited is https://www.prodapt.com
What has been the recent revenue trend for Prodapt Solutions Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Prodapt Solutions Private Limited has risen by 37.77%.
How many employees does Prodapt Solutions Private Limited currently have?
As Per 2022 financial reports, 3648 employees are currently employed by Prodapt Solutions Private Limited.
What change has been observed in the net worth of Prodapt Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Prodapt Solutions Private Limited has experienced an upsurge of 38.80%.
What are the total open charges for Prodapt Solutions Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Prodapt Solutions Private Limited amount to ₹ 115.25 Cr.
When was the last Balance Sheet of Prodapt Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Prodapt Solutions Private Limited was filed with the ROC on 31 Mar 2024.
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