Prosares Solutions Private Limited

Software development and enterprise solutions for various industries, established in 2002.

2002 | Mumbai, Maharashtra (India) | Active
Last Updated: May 20, 2024

Prosares Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 22 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 17.57%
  • Profit Growth -26.13%
  • Ebitda -36.91%
  • Net Worth 26.13%
  • Total Assets 22.26%

About Prosares Solutions

Prosares Solutions Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 September 2002 and has a history of 22 years and four months. Its registered office is in Mumbai, Maharashtra, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Rakesh Vajpai and Pratima Vajpai 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

    U74210MH2002PTC137318

  • Company No.

    137318

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Sep 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

What products or services does Prosares Solutions Private Limited offer?

Prosares Solutions Private Limited offers a wide range of products and services, including IT Solutions, Enterprise IT Solutions.

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

Board Members (2)

Name Designation Appointment Date Status
Rakesh Vajpai Country flag representing In Director 23-Sep-2002 Current
Pratima Vajpai Country flag representing In Director 23-Sep-2002 Current

Financial Performance of Prosares Solutions.

Prosares Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.57% increase. The company also saw a substantial fall in profitability, with a 26.13% decrease in profit. The company's net worth Soared by an impressive increase of 26.13%.

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
17.57%
Revenue from Operations
15.59%
Total Assets
22.26%
Profit or Loss
-26.13%
Net Worth
26.13%
EBITDA
-36.91%

What is the Ownership and Shareholding Structure of Prosares Solutions?

Unlock access to Prosares Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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 Prosares Solutions?

Prosares Solutions has a workforce of 53 employees as of May 20, 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 Prosares 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 Prosares 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 Prosares Solutions

Recent activity within the organization

  • Annual General Meeting

    Prosares 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

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

    31 Mar 2023

  • Director Appointment

    Rakesh Shrikant Vajpai was appointed as a Director was appointed as a Director on 23 Sep 2002 & has been associated with this company since 22 years 4 months .

    23 Sep 2002

  • Director Appointment

    Pratima Rakesh Vajpai was appointed as a Director was appointed as a Director on 23 Sep 2002 & has been associated with this company since 22 years 4 months .

    23 Sep 2002

  • Company Incorporation

    Prosares Solutions Private Limited was registered on 23 Sep 2002 with Roc Mumbai & aged 22 years 4 months as per MCA records.

    23 Sep 2002

Frequently asked questions

  • Prosares Solutions Private Limited was incorporated on 23 Sep 2002.

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

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

    • Rakesh Shrikant Vajpai
    • Pratima Rakesh Vajpai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prosares Solutions Private Limited is 104 Acme Enclaveoff Link Road, Goregaon (West), Mumbai, Maharashtra, India, 400062.

  • The corporate identification number (CIN) of Prosares Solutions Private Limited is U74210MH2002PTC137318 and the company number is 137318 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prosares Solutions Private Limited is https://www.prosares.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prosares Solutions Private Limited has risen by 17.57%.

  • As Per 2023 financial reports, 53 employees are currently employed by Prosares Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prosares Solutions Private Limited has experienced an upsurge of 26.13%.

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