Prolance Services Profile
Key Indicators
- Authorised Capital ₹ 6.00 M
- Paid Up Capital ₹ 4.79 M
- Company Age 4 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.00 Cr
- Satisfied Charges ₹ 1.00 Cr
- Revenue Growth %
- Profit Growth -6276.85%
- Ebitda -6343.37%
- Net Worth -9240.01%
- Total Assets 2199.04%
About Prolance Services
Prolance Services Private Limited (PSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 23 December 2020 (Four years and one month 22 days old ). Its registered office is in Bangalore, Karnataka, India.
The Company is engaged in the Consumer Electronics & Durables 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 6.00 M and a paid-up capital of Rs 4.79 M.
The company currently has active open charges totaling ₹3.00 Cr. The company has closed loans amounting to ₹1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Madipakam Vivek and Rama Harinath serve as directors at the Company.
Company Details
-
Location
Bangalore, Karnataka, India
-
Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
Social Media
-
Corporate Identity Details
-
CIN/LLPIN
U36109KA2020PTC142528
-
Company No.
142528
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
23 Dec 2020
-
Date of AGM
30 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Prolance Services?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rama Harinath
|
Director | 23-Dec-2020 | Current |
|
Madipakam Vivek
|
Director | 23-Dec-2020 | Current |
Financial Performance of Prolance Services.
Prolance Services Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 6276.85% decrease in profit. The company's net worth observed a substantial decline by a decrease of 9240.01%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Prolance Services?
In 2023, Prolance Services had a public holding of 11.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
Pvn Realty Projects LlpMadipakam Vivek is a mutual person
Charges (Loans)
₹30.00 M
₹10.00 M
Charges Breakdown by Lending Institutions
- Others : 3.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Aug 2023 | Others | ₹3.00 Cr | Open |
| 21 Jun 2022 | Others | ₹1.00 Cr | Satisfied |
How Many Employees Work at Prolance Services?
Prolance Services has a workforce of 109 employees as of Mar 29, 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 Prolance Services, 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 Prolance Services'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.