Prolend Finserv Private Limited

NBFC providing online platform for gold loans, women empowerment loans, traders loans, money transfers, and insurance.

2019 | Thrissur, Kerala (India) | Active
Last Updated:

Prolend Finserv Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.25 Cr
  • Company Age 5 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.06 Cr
  • Satisfied Charges ₹ 2.20 M
  • Revenue Growth 92.43%
  • Profit Growth 228.46%
  • Ebitda 337.48%
  • Net Worth 6.63%
  • Total Assets 29.03%

About Prolend Finserv

Prolend Finserv Private Limited (PFPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 September 2019 (Five years and six months 1 days old ). Its registered office is in Thrissur, Kerala, India.

The Corporate was formerly known as Sms Wealth Care Private Limited. The Company is engaged in the Financial Services 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 2.50 Cr and a paid-up capital of Rs 2.25 Cr.

The company currently has active open charges totaling ₹3.06 Cr. The company has closed loans amounting to ₹2.20 M, as per Ministry of Corporate Affairs (MCA) records.

Parayidathu Kumar, Surya Nekkanti, and Saju Paul serve as directors at the Company.

Company Details

  • Location

    Thrissur, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    prolendfinserv.com

  • Social Media
    -
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U65999KL2019PTC059491

  • Company No.

    059491

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Sep 2019

  • Date of AGM

    09 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Financial Services

Who are the key members and board of directors at Prolend Finserv?

Executive Team (1)

NameDesignationAppointment DateStatus
Parayidathu Kumar Country flag representing In Managing Director04-Sep-2019Current

Board Members (2)

NameDesignationAppointment DateStatus
Surya Nekkanti Country flag representing In Director 04-Sep-2019Current
Saju Paul Country flag representing In Director 04-Sep-2019Current

Financial Performance of Prolend Finserv.

Prolend Finserv Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 92.43% increase. The company also saw a substantial improvement in profitability, with a 228.46% increase in profit. The company's net worth moved up by a moderate rise of 6.63%.

Prolend Finserv revenue growth over time
Prolend Finserv 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
92.43%
Revenue from Operations
94.37%
Total Assets
29.03%
Profit or Loss
228.46%
Net Worth
6.63%
EBITDA
337.48%

What is the Ownership and Shareholding Structure of Prolend Finserv?

In 2021, Prolend Finserv 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

₹3.06 Cr

Satisfied Charges

₹0.22 Cr

Charges Breakdown by Lending Institutions

  • Others : 3.06 Cr

Latest Charge Details

DateLenderAmountStatus
22 Jun 2024Others₹3.00 MOpen
26 Feb 2024Others₹3.27 MOpen
23 Jan 2024Others₹1.50 MOpen
06 Nov 2023Others₹4.25 MOpen
30 Aug 2023Others₹1.00 MOpen

How Many Employees Work at Prolend Finserv?

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

Employee growth trends for Prolend Finserv Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prolend Finserv, 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 Prolend Finserv'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 Prolend Finserv

Recent activity within the organization

  • Annual General Meeting

    Prolend Finserv Private Limited last Annual general meeting of members was held on 09 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100943789 was registered on 22 Jun 2024.

  • Balance Sheet

    Prolend Finserv Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

  • Charges

    A charge with Others amounted to Rs. 0.33 Cr with Charge ID 100885592 was registered on 26 Feb 2024.

  • Charges

    A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100859830 was registered on 23 Jan 2024.

  • Charges

    A charge with Others amounted to Rs. 0.43 Cr with Charge ID 100819151 was registered on 06 Nov 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Prolend Finserv Private Limited?

    Prolend Finserv Private Limited was incorporated on 04 Sep 2019.

  • What is authorized share capital and paid-up capital of Prolend Finserv Private Limited?

    The authorized share capital of Prolend Finserv Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.25 Cr.

  • Who are the current board members & directors of Prolend Finserv Private Limited?

    Currently 3 directors are associated with Prolend Finserv Private Limited.

    • Parayidathu Veliyil Chidambaran Ashok Kumar
    • Surya Rama Veera Venkata Satya Narayana Nekkanti
    • Saju Kozhikkadan Paul

  • What is the registered address of Prolend Finserv Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Prolend Finserv Private Limited is 1/390F Sreevalsam Buildings, India, Kadavallur Po, Kerala, 680543.

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

    The corporate identification number (CIN) of Prolend Finserv Private Limited is U65999KL2019PTC059491 and the company number is 059491 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Prolend Finserv Private Limited?

    The Official website of Prolend Finserv Private Limited is https://www.prolendfinserv.com

  • What has been the recent revenue trend for Prolend Finserv Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Prolend Finserv Private Limited has risen by 92.43%.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Prolend Finserv Private Limited has experienced an upsurge of 6.63%.

  • What are the total open charges for Prolend Finserv Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Prolend Finserv Private Limited amount to ₹ 3.06 Cr.

  • When was the last Balance Sheet of Prolend Finserv Private Limited filed with the ROC?

    The most recent Balance Sheet for Prolend Finserv Private Limited was filed with the ROC on 31 Mar 2024.

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