What does ProYuga Advanced Technologies Limited do?

ProYuga Advanced Technologies Limited is an Indian technology company focused on Extended Reality (XR) solutions and sports technology. The company develops immersive technology products and platforms for sports training, broadcasting, and engagement applications. It was incorporated in 2017 and is headquartered in Mumbai, Maharashtra.

When was ProYuga Advanced Technologies incorporated?

ProYuga Advanced Technologies Limited was incorporated in 2017. The company has CIN U74999MH2017PLC296222 and is registered as a Public Limited company in Maharashtra.

What is the current share price of ProYuga Advanced Technologies?

ProYuga Advanced Technologies Limited trades in the unlisted market at approximately ₹25 per share. The company is not listed on any recognized stock exchange.

What is Extended Reality (XR) technology?

Extended Reality (XR) is an umbrella term covering Virtual Reality (VR), Augmented Reality (AR), and Mixed Reality (MR) technologies. ProYuga focuses on applying XR to sports technology use cases such as immersive training, fan engagement, and sports broadcast enhancement.

How do I buy ProYuga Advanced Technologies unlisted shares here?

Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.

Who am I actually transacting with?

You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.

How do I pay, and is there a payment gateway?

Payment is by direct bank transfer to Prospire Network Private Limited's published account (CIN U82300UP2025PTC233622), shown to you in-app at the payment step. There is no card gateway and no escrow. Never pay to a personal account or to any account shared over phone, WhatsApp or email — even if the person claims to be from our team.

How long does settlement take?

After you accept an allocation, you have a short window to pay (typically 2 days). Once payment is verified, shares are usually credited to your demat within 2–3 business days, subject to depository timelines and any company-level restrictions. Timeframes are typical, not guaranteed.

There are no separate platform fee lines and no GST on the transfer — the desk's margin is built into the buy/sell price you're quoted. The only statutory add-on on a purchase is stamp duty on the consideration, shown transparently in your cost breakdown.

Is there a minimum ticket size for ProYuga Advanced Technologies?

Minimums vary by company and depend on the lot the desk can source. Raise an enquiry and the desk will confirm the available quantity and the minimum for that name.

What KYC do I need, and do I need a demat account?

You'll share your demat details when you enquire so we can settle directly. Full KYC — PAN and a client-master / demat statement — is required before the transfer step, when shares actually change hands. Yes, you need an active demat account to hold unlisted shares.

Are there lock-ins on unlisted or pre-IPO shares?

Some shares carry statutory or company-imposed lock-ins — for example, a post-listing lock-in on pre-IPO stock — and transfers can be subject to the company's articles or approvals. Where a lock-in applies, we'll flag it before you commit.

How do I sell ProYuga Advanced Technologies shares I already hold?

Raise a sell enquiry with the company, quantity and your target price. The desk confirms a buying price, you transfer your shares into the desk's demat, and once the credit is verified we pay you out by bank transfer to your registered account. The desk never pays out before your shares are received.

Unlisted shares are illiquid, may be hard or impossible to sell, and are not covered by exchange settlement guarantees or investor-protection funds. Pricing is indicative, not live. Read the full Risk Disclosure before you enquire, and invest only what you can afford to lock away.

ProYuga Advanced Technologies Unlisted Share Price | Buy ProYuga Advanced Technologies Pre-IPO Shares — wisefolio

Investment Thesis

ProYuga Advanced Technologies Limited is an early-stage technology company operating in the niche XR and sports technology segment. Incorporated in 2017 and headquartered in Mumbai, the company has potential if the Indian market for immersive technology expands. However, limited financial disclosures and unlisted status make it a high-risk, speculative investment.

Pros

iB Cricket — world's most immersive VR Cricket simulator; 100M+ balls played across 40+ nationalities; XR/VR technology niche with global appeal.
Total funding $13.5M (₹113 Cr) across 3 rounds from 177 investors; valuation ₹139 Cr (Jul 2019); revenue ₹14 Cr (FY23) — funded growth-stage tech company.
Powai, Mumbai (Lodha Supremus) — India's premier tech-startup cluster; immersive XR products for entertainment, training, and sports.

Cons

Revenue ₹14 Cr — modest relative to $13.5M funding raised; path to profitability unclear.
Private limited (PTC, U-prefix) — no secondary market; no ISIN; unlisted.
VR/XR hardware-dependent business model; high customer acquisition cost for immersive cricket installations.
Sports simulation / VR entertainment is a niche; market depth outside cricket-playing nations is limited.

Business Segments

XR/VR Technology (iB Cricket)

Immersive XR/VR cricket simulator — "iB Cricket"; world's most immersive VR cricket experience; 100M+ balls played by 40+ nationalities; B2B installations at entertainment venues, sports academies, malls.

Extended Reality (XR) Platform

Broader XR/VR technology development for sports simulation and immersive entertainment beyond cricket; Powai, Mumbai tech hub.

Revenue Model

ProYuga Advanced Technologies generates revenue through development and licensing of XR-based technology solutions and sports technology platforms, potentially including project-based contracts with sports organizations and media companies.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds6

Growth Plans

Growing adoption of immersive technology in sports broadcasting and training in India

Government initiatives promoting technology startups and digital innovation

Industry Tailwinds

Growing adoption of immersive technology in sports broadcasting and training in India

Government initiatives promoting technology startups and digital innovation

Recent Developments

Valuation ₹139 Cr achieved

Proyuga Advanced Technologies achieved ₹139 Cr valuation at the time of its July 2019 funding round.

July 2019

Revenue ₹14 Cr

Company reported revenue of ₹14 Cr for FY2022-23; total funding reaches $13.5M from 177 investors across 3 rounds.

FY2022-23

Comparable Companies

CompanyTypeTickerMkt Cap

Nazara TechnologiesListedNAZARA~4000 Cr

Tata ElxsiListedTATAELXSI~35000 Cr

Nazara TechnologiesListed

NAZARA · ~4000 Cr

Tata ElxsiListed

TATAELXSI · ~35000 Cr

Frequently Asked Questions

About ProYuga Advanced Technologies

Proyuga Advanced Technologies Limited is a Mumbai-based technology company incorporated on 16 June 2017, operating at the exciting intersection of extended reality (XR), virtual reality (VR), and sports entertainment. The company serves as the legal entity behind two prominent consumer technology brands — ProYuga and iB Cricket. iB Cricket is Proyuga's flagship consumer product — an immersive, virtual reality cricket simulator that lets players experience batting, bowling, and fielding in a fully interactive virtual environment. iB Cricket has deployed its VR cricket systems across entertainment venues, malls, sports academies, and experience centers across India and internationally, bringing premium VR sports experiences to cricket fans. The product has been showcased at major events and gained traction in India's cricket-mad consumer market. ProYuga represents the broader technology platform play, developing XR solutions and platforms beyond cricket. The company's strategic focus is on making immersive technology accessible to mass consumers through venue-based and potentially home VR experiences. Incorporated in Mumbai at Lodha Supremus, Powai — one of Mumbai's premier technology and business hubs — Proyuga benefits from proximity to India's startup ecosystem and technology talent. The company had revenues of approximately Rs. 14 crore for FY2023 with a team of around 21 employees as of mid-2025, indicating a lean, focused team. Proyuga's ownership structure is diverse: founders hold 30.40%, angel investors represent the largest block at 50.87%, and other investors hold 17.54% — reflecting significant early-stage angel investment interest in the XR sports technology space. This investor mix signals external validation of the company's technology and market approach.

Key Milestones

Incorporated 2017 in Mumbai, Maharashtra (CIN: U74999MH2017PLC296222) — 8 years old

Common questions about unlisted shares

How do I buy ProYuga Advanced Technologies unlisted shares here?
Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.
Who am I actually transacting with?
You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.
How do I pay, and is there a payment gateway?

Proyuga Advanced Technologies Limited

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