Proverbium Appsolutions Private Limited

Provides software solutions and management consulting services to various industries in India and abroad.

2016 | Bangaluru, Karnataka (India) | Active
Last Updated:

Proverbium Appsolutions Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 9 Months
  • Last Filing with ROC 31 Mar 2021
  • Satisfied Charges ₹ 4.70 M
  • Revenue Growth -99.61%
  • Profit Growth -100.83%
  • Ebitda -101.63%
  • Net Worth -0.35%
  • Total Assets -11.18%

About Proverbium Appsolutions

Proverbium Appsolutions Private Limited (PAPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 May 2016 (Eight years and nine months 24 days old ). Its registered office is in Bangaluru, Karnataka, 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 2021. 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.

The company has closed loans amounting to ₹4.70 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Naveen Agarwal and Arnab Basu serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2016PTC093394

  • Company No.

    093394

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 May 2016

  • Date of AGM

    30 Sep 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Proverbium Appsolutions?

Board Members (2)

NameDesignationAppointment DateStatus
Naveen Agarwal Country flag representing In Director 04-Sep-2019Current
Arnab Basu Country flag representing In Director 04-Sep-2019Current

Financial Performance of Proverbium Appsolutions.

Proverbium Appsolutions Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 99.61% decrease. The company also saw a substantial fall in profitability, with a 100.83% decrease in profit. The company's net worth dipped by a decrease of 0.35%.

Proverbium Appsolutions revenue growth over time
Proverbium Appsolutions 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
-99.61%
Revenue from Operations
Total Assets
-11.18%
Profit or Loss
-100.83%
Net Worth
-0.35%
EBITDA
-101.63%

What is the Ownership and Shareholding Structure of Proverbium Appsolutions?

In 2021, Proverbium Appsolutions 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)

Open Charges

₹0

Satisfied Charges

₹4.70 M

Charges Breakdown by Lending Institutions

  • Others : 0.47 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jan 2017Others₹4.70 MSatisfied

How Many Employees Work at Proverbium Appsolutions?

Unlock and access historical data on people associated with Proverbium Appsolutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Proverbium Appsolutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Proverbium Appsolutions, 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 Proverbium Appsolutions'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 Proverbium Appsolutions

Recent activity within the organization

  • Annual General Meeting

    Proverbium Appsolutions Private Limited last Annual general meeting of members was held on 30 Sep 2021 as per latest MCA records.

  • Balance Sheet

    Proverbium Appsolutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.

  • Director Appointment

    Naveen Agarwal was appointed as a Director was appointed as a Director on 04 Sep 2019 & has been associated with this company since 5 years 6 months .

  • Director Appointment

    Arnab Kumar Basu was appointed as a Director was appointed as a Director on 04 Sep 2019 & has been associated with this company since 5 years 6 months .

  • Charges

    A charge registered on 20 Jan 2017 via Charge ID 100076300 with Others was fully satisfied on 04 Jul 2019.

  • Charges

    A charge with Others amounted to Rs. 4.70 M with Charge ID 100076300 was registered on 20 Jan 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Proverbium Appsolutions Private Limited?

    Proverbium Appsolutions Private Limited was incorporated on 18 May 2016.

  • What is authorized share capital and paid-up capital of Proverbium Appsolutions Private Limited?

    The authorized share capital of Proverbium Appsolutions Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Proverbium Appsolutions Private Limited?

    Currently 2 directors are associated with Proverbium Appsolutions Private Limited.

    • Naveen Agarwal
    • Arnab Kumar Basu
  • What is the registered address of Proverbium Appsolutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Proverbium Appsolutions Private Limited is No.71 E-2053 Ground Floor Guru Krupa Nilaya Opp Mosque K. G. Halli, Jalahalli West India, Bangalore, Karnataka, 560015.

  • What is the corporate identification number (CIN) and company number of Proverbium Appsolutions Private Limited?

    The corporate identification number (CIN) of Proverbium Appsolutions Private Limited is U74999KA2016PTC093394 and the company number is 093394 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Proverbium Appsolutions Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Proverbium Appsolutions Private Limited has fallen by -99.61%.

  • What change has been observed in the net worth of Proverbium Appsolutions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Proverbium Appsolutions Private Limited has experienced an downturn of -0.35%.

  • When was the last Balance Sheet of Proverbium Appsolutions Private Limited filed with the ROC?

    The most recent Balance Sheet for Proverbium Appsolutions Private Limited was filed with the ROC on 31 Mar 2021.

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