Prowess Software Services Profile
Key Indicators
- Authorised Capital ₹ 4.50 Cr
- Paid Up Capital ₹ 4.00 Cr
- Company Age 8 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 18.00 Cr
- Satisfied Charges ₹ 2.00 Cr
- Revenue Growth 55.94%
- Profit Growth 40.00%
- Ebitda -6.71%
- Net Worth 40.78%
- Total Assets 39.05%
About Prowess Software Services
Prowess Software Services Private Limited (PSSPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 February 2016 (Eight years and 11 months 27 days old ). Its registered office is in Hyderabad, Telangana, 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 4.50 Cr and a paid-up capital of Rs 4.00 Cr.
The company currently has active open charges totaling ₹18.00 Cr. The company has closed loans amounting to ₹2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Baba Mutta, Ajay Konda, and Aravind Konda serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72300TG2016PTC103545
- Company No.
103545
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Feb 2016
- Date of AGM
29 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Prowess Software Services?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Baba Mutta  | Director | 01-Jan-2019 | Current |
| Aravind Konda | Whole-Time Director | 22-May-2017 | Current |
| Ajay Konda | Director | 22-May-2017 | Current |
Financial Performance of Prowess Software Services.
Prowess Software Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 55.94% increase. The company also saw a substantial improvement in profitability, with a 40% increase in profit. The company's net worth Soared by an impressive increase of 40.78%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Prowess Software Services?
In 2023, Prowess Software 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)
Ealkay Consulting Private LimitedBaba Mutta is a mutual person
Ealkay Holdings LlpBaba Mutta is a mutual person
Konda Holdings Private LimitedAjay Konda and Aravind Konda are mutual person
- Arama Enterprises Llp
Aravind Konda is a mutual person
Charges (Loans)
₹18.00 Cr
₹2.00 Cr
Charges Breakdown by Lending Institutions
- Others : 18.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jan 2024 | Others | ₹18.00 Cr | Open |
| 26 Sep 2019 | Hdfc Bank Limited | ₹2.00 Cr | Satisfied |
How Many Employees Work at Prowess Software Services?
Prowess Software Services has a workforce of 211 employees as of Apr 06, 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 Prowess Software 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 Prowess Software 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.
