Proyuga Advanced Technologies Limited Unlisted Shares
Proyuga Advanced Technologies is a Hyderabad-based tech company that develops virtual reality based gaming products. The company was founded in 2017 by IIT Delhi alumni, Trivikrama Kothinti and Vasantha Sai. The company has developed its first product Punder the brand name: iB Cricket.
Proyuga Advanced has set up one wholly-owned subsidiary- Mayuukha Pte Ltd, Singapore, to market its products in foreign markets (UK, Australia, Dubai). The company is yet to commence its operations due to pandemic related slowdown.
During FY 2021, the company earned consolidated revenue of ₹ 12.75 crores with net loss of ₹ 1.20 crores.
The company plans to monetise its virtual reality cricket gaming product, iB Cricket, by opening gaming arcades in tier-1 cities through franchisee model. The company has made partnerships in metro cities of Mumbai, Bangalore, Chennai, Hyderabad, NCR region to deliver augmented reality/virtual reality gaming experience to users. The company is also working with companies like Xiaomi, DIAGEO, Delta Corp Ltd, Majestic Pride, to sell its technology know-how in delivering experiential marketing experience to their customers.
The company also sells its tech related services to third-party companies to develop their own products.
The registered office of the company is located at Lodha Supremus Powai, Saki Vihar Road, Powai, Mumbai, Maharashtra.
|Symbol:||Proyuga Advanced Technologies Ltd|
|Face Value (₹):||1|
Key Business Highlights
- Proyuga Advanced is one of fastest-growing Indian start-ups in the Virtual Sports industry (by revenues). The company delivered 160% CAGR in total revenues between 2018 and 2021. The company has set up its presence in Singapore, Australia, UK, South Africa and USA.
- Its flagship product, iB Cricket, a virtual cricket gaming platform, has high potential in India. Its franchisee-based business model is available at highly affordable rates ensuring immense scalability.
- The company is also focussing on developing diverse revenue streams to monetise its assets and technical capabilities including selling experiential marketing services to leading consumer brands like Xiaomi, Diageo and selling its technology services to its B2B clients like game developers.
|Total Income (₹ Crores)||12.75||4.70||1.70||0.72|
|PAT (₹ Crores)||-1.20||-17.69||-27.10||-1.53|
|Book Value per Share (₹)||11.76||12.02||14.85||2.17|
|Equity (₹ Crores)||53.31||54.52||67.35||9.82|
|Company||Market Cap (₹ Crores)||Profitability Margin (%)||ROCE (%)||ROE (%)||D/E Ratio||P/E Ratio||P/B Ratio||Book Value per Share (₹)|
|PROYUGA ADVANCED TECHNOLOGIES LTD||154.21||-9.41%||-0.86%||-2.25%||0.07||-131||2.89||11.76|
|NAZARA TECHNOLOGIES LTD||5092||3.00%||2.47%||1.40%||0||456.22||5.34||290.34|
Frequently Asked Questions
The buying and selling of unlisted shares and pre-IPO shares is fully legal and valid.
The procedure to buy the Proyuga Advanced Technologies unlisted shares is fairly simple. Once you have settled on the price and quantity of the transaction, you would have to transfer the funds into the bank account of the seller.
When the funds are transferred and transaction details are shared with the seller, your demat account will be credited with the shares either on the same day of the fund transfer or before the end of the next working day.
In the secondary market, the transactions related to unlisted shares take place with the existing owners of the shares who are generally the employees or existing investors in the company. The company itself is not directly involved.
The Proyuga Advanced shares will get credited either the same day or before the end of the next working day when you transfer the funds into our bank account.
The minimum lot size varies on the basis of market conditions and demand and supply factors. To know the current lot size for Proyuga Advanced unlisted shares, please visit the stock page on our website: www.delistedstocks.in
There are many factors which influence the pricing of unlisted shares. Apart from the supply and demand factors, the latest transactions happened on the same stock, last funding round of the company, and valuation level of companies of the similar size affect the pricing of the unlisted shares.
Before IPO, there is no restriction on sale and transfer of your Proyuga Advanced unlisted shares.
But once the shares are listed on the stock exchange, for retail investors, there is a minimum lock-in period 6 months after listing on the stock exchange.
Once the selling price and quantity of shares is agreed with us, we will provide you with an UTR number to transfer the shares. Once you have transferred the shares into our company’s demat account, funds are released into your bank account within 24 hours or before the end of the next working day of the transfer of the shares.
If your holding period is less than 2 years, then such income is treated as business income and liable to get taxed as per tax slab of the investor.
If your holding period is more than 2 years, then your profits would be subject to long-term capital gains tax. The current short-term capital gain tax rate is 20% after indexation.
The trading in unlisted shares is governed by Securities & Contract (Regulation) Act, which comes under the preview of SEBI. The SEBI regulations become applicable when the stocks of the company get listed on the stock exchange. There is a minimum lock-in period of 6 months for pre-IPO investors.
The major risk associated with investing in unlisted stocks is the liquidity risk. The possible exit route for investors is either to sell to another investor or wait till the company gets listed on the stock exchange.
Yes, NRI’s can also buy and sell Proyuga Advanced unlisted shares just like domestic investors. But their investment is on a non-repatriable basis.