Prodocs Solutions Ltd IPO

About Prodocs Solutions Ltd

Our Company was originally incorporated as Prodocs Solutions Private Limited a private limited company under the provision of Companies Act, 2013, vide Certificate of Incorporation dated March 12, 2019, issued by Registrar of Companies, Central Registration Centre. Subsequently, our Company was converted into a public limited company pursuant to special resolution passed at Extra-ordinary General Meeting by the shareholders of our Company held on September 20, 2024, and the name of our Company was changed to Prodocs Solutions Limited. A fresh Certificate of Incorporation consequent upon conversion from a Private Limited Company to Public Limited Company dated November 13, 2024, was issued by the Registrar of Companies, Central Processing Centre.

Business Process Solutions (BPS) streamline operations by optimizing workflows, automating tasks, and enhancing efficiency across industries. These solutions encompass outsourced services, automation tools, and cloud-based platforms that improve finance, HR, supply chain, customer service, and IT operations. BPS includes process automation, data management, analytics, and AI-driven solutions, catering to businesses in banking, healthcare, retail, manufacturing, and telecom. By integrating advanced technologies, BPS enhances productivity, reduces costs, and ensures seamless operations, enabling companies to focus on core competencies while improving scalability and compliance. India's Business Process Management (BPM) industry has evolved into a cornerstone of the nation's economy, demonstrating robust growth, technological innovation, and a significant global presence. Below is an in-depth analysis of the industry's key attributes, end-use applications, and major customer segments, supported by data from reputable government sources. According to the National Association of Software and Service Companies (NASSCOM), the Indian IT industry's revenue touched US$ 227 billion in FY22, a 15.5% YoY growth and was estimated to have touched US$ 245 billion in FY23. The IT spending in India is estimated to record a double-digit growth of 11.1% in 2024, totalling US$ 138.6 billion up from US$ 124.7 billion last year.

We are engaged in IT Enabled Services (ITES/BPO) business and operates in the non-voice BPO segment. We are a diverse non-voice BPO Company providing wide spectrum of services ranging from Indexing Services, Title Services, e-Publishing and Other business services. Also, we have a small in-house IT team assisting in systems integrations, internal application developments and maintenance.

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