Prowess Software Services Private Limited

Provides software development, technology services, managed services, infrastructure optimization, and more.

2016 | Hyderabad, Telangana (India) | Active
Last Updated:

Prowess Software Services Profile

Key Indicators

  • Authorised Capital ₹ 4.50 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 9 Year, 1 Month
  • 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 (Nine years and one month 17 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

Information Technology
Company report

Prowess Software Services Private Limited

Explore comprehensive data for Prowess Software Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Prowess Software Services?

Board Members (3)

NameDesignationAppointment DateStatus
Baba Mutta Country flag representing In Director 01-Jan-2019Current
Aravind Konda Country flag representing In Whole-Time Director 22-May-2017Current
Ajay Konda Country flag representing In Director 22-May-2017Current

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%.

Prowess Software Services revenue growth over time
Prowess Software Services 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
55.94%
Revenue from Operations
48.40%
Total Assets
39.05%
Profit or Loss
40.00%
Net Worth
40.78%
EBITDA
-6.71%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹18.00 Cr

Satisfied Charges

₹2.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 18.00 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jan 2024Others₹18.00 CrOpen
26 Sep 2019Hdfc Bank Limited₹2.00 CrSatisfied

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.

Employee growth trends for Prowess Software Services Private Limited

Deals i

Graph showing company valuation over time

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

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 Software Services

Recent activity within the organization

  • Annual General Meeting

    Prowess Software Services Private Limited last Annual general meeting of members was held on 29 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Prowess Software Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

  • Charges

    A charge registered on 26 Sep 2019 via Charge ID 100291691 with Hdfc Bank Limited was fully satisfied on 30 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 18.00 Cr with Charge ID 100867360 was registered on 24 Jan 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 2.00 Cr registered on 26 Sep 2019 with Charge ID 100291691 was modified on 22 Sep 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100291691 was registered on 26 Sep 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Prowess Software Services Private Limited?

    Prowess Software Services Private Limited was incorporated on 26 Feb 2016.

  • What is authorized share capital and paid-up capital of Prowess Software Services Private Limited?

    The authorized share capital of Prowess Software Services Private Limited is ₹ 4.50 Cr and paid-up capital is ₹ 4.00 Cr.

  • Who are the current board members & directors of Prowess Software Services Private Limited?

    Currently 3 directors are associated with Prowess Software Services Private Limited.

    • Baba Kishore Mutta
    • Ajay Kumar Konda
    • Aravind Kumar Konda

  • What is the registered address of Prowess Software Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Prowess Software Services Private Limited is Office No.6 Manjeera Trinity Corporate Flat No.306 Kphb Colony, Jntu Road India, Hyderabad, Telangana, 500072.

  • What is the corporate identification number (CIN) and company number of Prowess Software Services Private Limited?

    The corporate identification number (CIN) of Prowess Software Services Private Limited is U72300TG2016PTC103545 and the company number is 103545 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Prowess Software Services Private Limited?

    The Official website of Prowess Software Services Private Limited is https://www.prowesssoft.com

  • What has been the recent revenue trend for Prowess Software Services Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Prowess Software Services Private Limited has risen by 55.94%.

  • How many employees does Prowess Software Services Private Limited currently have?

    As Per 2023 financial reports, 211 employees are currently employed by Prowess Software Services Private Limited.

  • What change has been observed in the net worth of Prowess Software Services Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Prowess Software Services Private Limited has experienced an upsurge of 40.78%.

  • What are the total open charges for Prowess Software Services Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Prowess Software Services Private Limited amount to ₹ 18.00 Cr.

  • When was the last Balance Sheet of Prowess Software Services Private Limited filed with the ROC?

    The most recent Balance Sheet for Prowess Software Services Private Limited was filed with the ROC on 31 Mar 2024.

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