Prowess Enterprise (India) Private Limited

Provides IT consulting and software solutions in various areas.

2016 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated: January 05, 2025

Prowess Enterprise (India) Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.20 M
  • Company Age 8 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.76 Cr
  • Revenue Growth 68.23%
  • Profit Growth 255.36%
  • Ebitda 8.77%
  • Net Worth 96.36%
  • Total Assets 30.42%

About Prowess Enterprise (India)

Prowess Enterprise (India) Private Limited (PEIPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 March 2016 (Eight years and 11 months 1 days old ). Its registered office is in Visakhapatnam, Andhra Pradesh, 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 2024. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 2.20 M.

The company currently has active open charges totaling ₹1.76 Cr.

Patnala Venkateswararao, Koteswara Immaneni, and Ramakrishna Patnala serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200AP2016PTC098485

  • Company No.

    098485

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Mar 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Information Technology

Who are the key members and board of directors at Prowess Enterprise (India)?

Board Members (3)

Name Designation Appointment Date Status
Koteswara Immaneni Country flag representing In Director 21-Dec-2020 Current
Patnala Venkateswararao Country flag representing Us Director 10-Mar-2016 Current
Ramakrishna Patnala Country flag representing Us Additional Director 21-Dec-2020 Current

Financial Performance of Prowess Enterprise (India).

Prowess Enterprise (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 68.23% increase. The company also saw a substantial improvement in profitability, with a 255.36% increase in profit. The company's net worth Soared by an impressive increase of 96.36%.

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
68.23%
Revenue from Operations
68.78%
Total Assets
30.42%
Profit or Loss
255.36%
Net Worth
96.36%
EBITDA
8.77%

What is the Ownership and Shareholding Structure of Prowess Enterprise (India)?

Unlock access to Prowess Enterprise (India)'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)

Open Charges

₹17.60 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1.56 Cr
  • Axis Bank Limited : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
24 Sep 2021 State Bank Of India ₹1.56 Cr Open
12 Feb 2021 Axis Bank Limited ₹2.00 M Open

How Many Employees Work at Prowess Enterprise (India)?

Prowess Enterprise (India) has a workforce of 45 employees as of Apr 05, 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 Prowess Enterprise (India), 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 Prowess Enterprise (India)'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 Prowess Enterprise (India)

Recent activity within the organization

  • Annual General Meeting

    Prowess Enterprise (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Prowess Enterprise (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 15.60 M registered on 24 Sep 2021 with Charge ID 100512977 was modified on 30 Mar 2024.

    30 Mar 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 15.60 M with Charge ID 100512977 was registered on 24 Sep 2021.

    24 Sep 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.00 M with Charge ID 100421030 was registered on 12 Feb 2021.

    12 Feb 2021

  • Director Appointment

    Koteswara Rao Immaneni was appointed as a Director was appointed as a Director on 21 Dec 2020 & has been associated with this company since 4 years 1 month .

    21 Dec 2020

Frequently asked questions

  • Prowess Enterprise (India) Private Limited was incorporated on 10 Mar 2016.

  • The authorized share capital of Prowess Enterprise (India) Private Limited is ₹ 3.00 M and paid-up capital is ₹ 2.20 M.

  • Currently 3 directors are associated with Prowess Enterprise (India) Private Limited.

    • Patnala Venkateswararao
    • Koteswara Rao Immaneni
    • Ramakrishna Patnala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prowess Enterprise (India) Private Limited is 11-2-4/1 Plot No 11 Gangapur Layout, Daspalla Hills India, Visakhapatnam, Andhra Pradesh, 530003.

  • The corporate identification number (CIN) of Prowess Enterprise (India) Private Limited is U72200AP2016PTC098485 and the company number is 098485 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prowess Enterprise (India) Private Limited is https://www.prowessenterprise.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prowess Enterprise (India) Private Limited has risen by 68.23%.

  • As Per 2023 financial reports, 45 employees are currently employed by Prowess Enterprise (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prowess Enterprise (India) Private Limited has experienced an upsurge of 96.36%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prowess Enterprise (India) Private Limited amount to ₹ 1.76 Cr.

  • The most recent Balance Sheet for Prowess Enterprise (India) Private Limited was filed with the ROC on 31 Mar 2024.

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