Prosales Financial Services Private Limited
Provides financial and insurance services, acting as agents for marketing and selling products.
2007 | Mumbai, Maharashtra (India) | Active
Prosales Financial Services Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.10 M
- Company Age 17 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 85.00 Cr
- Revenue Growth 133.56%
- Profit Growth 119.26%
- Ebitda 140.75%
- Net Worth 51.20%
- Total Assets 56.32%
About Prosales Financial Services
Prosales Financial Services Private Limited (PFSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 April 2007 and has a history of 17 years and 11 months. Its registered office is in Mumbai, Maharashtra, 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 2024. 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.
The company currently has active open charges totaling ₹85.00 Cr.
Venugopalan Swaminathan, Rajan Mittal, and Prasad Desai serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U67190MH2007PTC169620
- Company No.
169620
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Apr 2007
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Prosales Financial Services Private Limited
Explore comprehensive data for Prosales Financial Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Prosales Financial Services?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venugopalan Swaminathan  | Director | 06-Mar-2009 | Current |
| Rajan Mittal | Director | 14-Aug-2019 | Current |
| Prasad Desai | Director | 14-Aug-2019 | Current |
Financial Performance of Prosales Financial Services.
Prosales Financial Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 133.56% increase. The company also saw a substantial improvement in profitability, with a 119.26% increase in profit. The company's net worth Soared by an impressive increase of 51.2%.
- 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 Prosales Financial Services?
In 2023, Prosales Financial Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Savli Copper Products Private LimitedPrasad Desai is a mutual person
Geosansar Global Solutions Private LimitedRajan Mittal and Prasad Desai are mutual person
Atyati Technologies Private LimitedRajan Mittal and Prasad Desai are mutual person
Spykar Lifestyles Private LimitedRajan Mittal and Prasad Desai are mutual person
- Andromeda Wealth Private Limited
Venugopalan Swaminathan and Prasad Desai are mutual person
Charges (Loans)
Open Charges
₹850.00 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 85.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Aug 2024 | Yes Bank Limited | ₹85.00 Cr | Open |
How Many Employees Work at Prosales Financial Services?
Prosales Financial Services has a workforce of 117 employees as of Mar 23, 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 Prosales Financial 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 Prosales Financial 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.
Latest Updates, News, and FAQs on Prosales Financial Services
Recent activity within the organization
- Annual General Meeting
Prosales Financial Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Yes Bank Limited amounted to Rs. 850.00 M with Charge ID 100976177 was registered on 19 Aug 2024.
- Balance Sheet
Prosales Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Rajan Mittal was appointed as a Director was appointed as a Director on 14 Aug 2019 & has been associated with this company since 5 years 7 months .
- Director Appointment
Prasad Ghanshyam Desai was appointed as a Director was appointed as a Director on 14 Aug 2019 & has been associated with this company since 5 years 7 months .
- Director Appointment
Venugopalan Swaminathan was appointed as a Director was appointed as a Director on 06 Mar 2009 & has been associated with this company since 16 years 15 days .
Frequently asked questions
What is the Incorporation or founding date of Prosales Financial Services Private Limited?
Prosales Financial Services Private Limited was incorporated on 03 Apr 2007.
What is authorized share capital and paid-up capital of Prosales Financial Services Private Limited?
The authorized share capital of Prosales Financial Services Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Prosales Financial Services Private Limited?
Currently 3 directors are associated with Prosales Financial Services Private Limited.
- Venugopalan Swaminathan
- Rajan Mittal
- Prasad Ghanshyam Desai
What is the registered address of Prosales Financial Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Prosales Financial Services Private Limited is 126 Creative Industrial Premises Sunder Nagar Kalina Santacruz(E), India, Mumbai, Maharashtra, 400098.
What is the corporate identification number (CIN) and company number of Prosales Financial Services Private Limited?
The corporate identification number (CIN) of Prosales Financial Services Private Limited is U67190MH2007PTC169620 and the company number is 169620 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Prosales Financial Services Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Prosales Financial Services Private Limited has risen by 133.56%.
How many employees does Prosales Financial Services Private Limited currently have?
As Per 2023 financial reports, 117 employees are currently employed by Prosales Financial Services Private Limited.
What change has been observed in the net worth of Prosales Financial Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Prosales Financial Services Private Limited has experienced an upsurge of 51.20%.
What are the total open charges for Prosales Financial Services Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Prosales Financial Services Private Limited amount to ₹ 85.00 Cr.
When was the last Balance Sheet of Prosales Financial Services Private Limited filed with the ROC?
The most recent Balance Sheet for Prosales Financial Services Private Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Suresh MahalingamDirector
Sunita RamnathkarDirector
Sunil PophaleDirector
Srinath SridharanDirector
Rohanjeet JunejaAdditional Director
Ravishankar GopalakrishnanDirector
Michael OctomanDirector
Lalit AgrawalDirector