Proounce Solutions Private Limited

Provides forex and communication/computer information services, incorporated in 2019.

2019 | Krishna, Andhra Pradesh (India) | Active
Last Updated: December 11, 2024

Proounce Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 5 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 4.48%
  • Profit Growth 92.45%
  • Ebitda 86.19%
  • Net Worth 105.54%
  • Total Assets 408.81%

About Proounce Solutions

Proounce Solutions Private Limited (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 May 2019 (Five years and eight months 28 days old ). Its registered office is in Krishna, Andhra Pradesh, India.

The Company is engaged in the Financial Services 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 0.50 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Bhaskara Thota and Venkateswara Appikatla serve as directors at the Company.

Company Details

  • Location

    Krishna, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    proounce.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900AP2019PTC111932

  • Company No.

    111932

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 May 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Financial Services
Information Technology

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

Board Members (2)

Name Designation Appointment Date Status
Bhaskara Thota Country flag representing In Director 20-May-2019 Current
Venkateswara Appikatla Country flag representing In Director 20-May-2019 Current

Financial Performance of Proounce Solutions.

Proounce Solutions Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 4.48% increase. The company also saw a substantial improvement in profitability, with a 92.45% increase in profit. The company's net worth Soared by an impressive increase of 105.54%.

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
4.48%
Revenue from Operations
4.67%
Total Assets
408.81%
Profit or Loss
92.45%
Net Worth
105.54%
EBITDA
86.19%

What is the Ownership and Shareholding Structure of Proounce Solutions?

In 2022, Proounce Solutions 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Proounce Solutions?

Proounce Solutions has a workforce of 16 employees as of Apr 06, 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 Proounce 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 Proounce 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 Proounce Solutions

Recent activity within the organization

  • Annual General Meeting

    Proounce Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Proounce Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Director Appointment

    Bhaskara Rao Thota was appointed as a Director was appointed as a Director on 20 May 2019 & has been associated with this company since 5 years 8 months .

    20 May 2019

  • Director Appointment

    Venkateswara Rao Appikatla was appointed as a Director was appointed as a Director on 20 May 2019 & has been associated with this company since 5 years 8 months .

    20 May 2019

  • Company Incorporation

    Proounce Solutions Private Limited was registered on 20 May 2019 with Roc Vijayawada & aged 5 years 8 months as per MCA records.

    20 May 2019

Frequently asked questions

  • Proounce Solutions Private Limited was incorporated on 20 May 2019.

  • The authorized share capital of Proounce Solutions Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Proounce Solutions Private Limited.

    • Bhaskara Rao Thota
    • Venkateswara Rao Appikatla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Proounce Solutions Private Limited is Door No. 75-12-4 Nh-9 Road India, Vijayawada, Andhra Pradesh, 520012.

  • The corporate identification number (CIN) of Proounce Solutions Private Limited is U72900AP2019PTC111932 and the company number is 111932 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Proounce Solutions Private Limited is https://www.proounce.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Proounce Solutions Private Limited has risen by 4.48%.

  • As Per 2022 financial reports, 16 employees are currently employed by Proounce Solutions Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Proounce Solutions Private Limited has experienced an upsurge of 105.54%.

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