Providence Solutions Private Limited

Recruitment solutions for various industries, established in 2011.

2011 | Chandigarh (India) | Active
Last Updated: December 08, 2024

Providence Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 13 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 3.98 M
  • Revenue Growth -38.42%
  • Profit Growth -43575.25%
  • Ebitda -772.58%
  • Net Worth -257.88%
  • Total Assets -20.58%

About Providence Solutions

Providence Solutions Private Limited (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 August 2011 and has a history of 13 years and six months. Its registered office is in Chandigarh, India.

The Company is engaged in the Business Outsourcing 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 1.00 M and a paid-up capital of Rs 0.50 M.

The company has closed loans amounting to ₹3.98 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Shambhu Arvind and Chandan Singla serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74900CH2011PTC033179

  • Company No.

    033179

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Aug 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Business Outsourcing

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

Executive Team (1)

NameDesignationAppointment DateStatus
Shambhu Arvind Country flag representing In Managing Director19-Aug-2011Current

Board Members (1)

NameDesignationAppointment DateStatus
Chandan Singla Country flag representing In Director 26-Mar-2015Current

Financial Performance of Providence Solutions.

Providence Solutions Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 38.42% decrease. The company also saw a substantial fall in profitability, with a 43575.25% decrease in profit. The company's net worth observed a substantial decline by a decrease of 257.88%.

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
-38.42%
Revenue from Operations
-37.48%
Total Assets
-20.58%
Profit or Loss
-43575.25%
Net Worth
-257.88%
EBITDA
-772.58%

What is the Ownership and Shareholding Structure of Providence Solutions?

In 2020, Providence 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)

Open Charges

₹0

Satisfied Charges

₹3.98 M

Charges Breakdown by Lending Institutions

  • Others : 0.38 Cr
  • Union Bank Of India : 0.02 Cr

Latest Charge Details

DateLenderAmountStatus
21 Jul 2017Others₹3.78 MSatisfied
09 Apr 2013Union Bank Of India₹0.20 MSatisfied

How Many Employees Work at Providence Solutions?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Providence 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 Providence 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 Providence Solutions

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge registered on 21 Jul 2017 via Charge ID 100146413 with Others was fully satisfied on 29 Apr 2023.

    29 Apr 2023

  • Charges

    A charge registered on 09 Apr 2013 via Charge ID 10426421 with Union Bank Of India was fully satisfied on 29 Apr 2023.

    29 Apr 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 3.78 M with Charge ID 100146413 was registered on 21 Jul 2017.

    21 Jul 2017

  • Director Appointment

    Chandan Dev Singla was appointed as a Director was appointed as a Director on 26 Mar 2015 & has been associated with this company since 9 years 11 months .

    26 Mar 2015

Frequently asked questions

  • Providence Solutions Private Limited was incorporated on 19 Aug 2011.

  • The authorized share capital of Providence Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.50 M.

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

    • Shambhu Arvind
    • Chandan Dev Singla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Providence Solutions Private Limited is 5601 Sector 38 West India, Chandigarh, 160036.

  • The corporate identification number (CIN) of Providence Solutions Private Limited is U74900CH2011PTC033179 and the company number is 033179 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Providence Solutions Private Limited is https://www.providencesolutions.net

  • According to the financial reports for the fiscal year 2020, the revenue trend for Providence Solutions Private Limited has fallen by -38.42%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Providence Solutions Private Limited has experienced an downturn of -257.88%.

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

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