Founded in 2017, Proyuga Advanced Technologies is a Hyderabad based start-up that works in the new and interesting field of Virtual (VR), Augmented (AR), and Mixed Reality (MR).
Proyuga was founded by Vasanth Sai, an alumnus of IIIT Hyderabad, and Trivikram Red, from IIT Delhi.
ProYuga has launched its first VR product in the category of Cricket, the most sought game in India, i.e. iB Cricket, a new format of cricket, which gives the feeling as if one is playing the game in front of Eden garden crowd, or Wankhede stadium, etc. To get the feel of the same, one has to wear the VR Headset and swing “iB cricket” bat to hit the 4s or 6s, and a virtual audience will cheer for you. As per founders, they have used most advanced technologies like VR, IoT, Blockchain, and artificial intelligence to build the custom-made bat.
It is a v-Sport that provides the world’s most immersive VR cricket experience. With iB Cricket, one can play cricket in international stadiums, compete globally, build their iB Cricket career, and much more, right from their home or iB Cricket Arcades.
Last year in 2019, they did an “iB” Cricket Super Over league where top prominent international players have participated and enjoyed the VR cricket.
ProYuga raised 84 crores from iB Hubs network, a PAN-India start-up hub that provided an ecosystem for start-ups to grow and flourish. IB Hubs has provided ProYuga a team with complementary skills, a workspace, capital, expert guidance, and mentoring towards marketing and sales support.
How they earn money?
They are planning to open 25000 arcades across India so that people can come and experience the VR cricket. At present, they are present in the USA, UK, UAE, India, Dubai, Singapore, Australia, and South-Africa. They sell their products to franchise in following model.
1. The standard business model would cost you around INR 22.5 lakhs, which includes all the relevant hardware, software, and furnishings. The expected return on investment (ROI) is around INR 60 lakhs-1.2 CR in four years.
2. Whereas, INR 25 lakh is required in order to obtain the premium business model of the IB Cricket franchise. Again, the entire investment includes all the relevant hardware, software, and furnishings where the franchisees are guaranteed support for returns of INR 1.5 CR in four years.
As a user one can visit the arcades of the company in different parts of India and play cricket. Following are the charges;
1. Rs.219 for playing 3 overs.
2. Rs. 329 for playing 5 overs.
To know the nearest arcades, please visit the following page:
Prominent Cricketer in the Advisory Council
They have Sunil Gavaskar, Muttiah Muralitharan, and Harsha Bhogle as advisory council members.
Brands association
Five teams — Chennai Super Kings, Royal Challengers Bangalore, Kolkota Knight Riders, Rajasthan Royals, and Delhi Capitals have made iB Cricket their official VR gaming partner to enhance fan engagement. Last year in 2019, during 140 events in 60 days, the fans played over 35000 balls competing with the avatars of their favorite players on the field.
To know more about what has happened in 2019, please visit
Market Size
According to KPMG, the AR/VR industry is valued at $25 billion today and has the potential to touch $108 billion by 2021.
iB Cricket look and Feel
Total Available Shares: | 1000 |
Face Value: | ₹ 1 Per Equity Share |
ISIN: | INE495Y03077 |
Year | Revenue | EBITDA | PAT | Shares | F.V. | EPS |
2018 | 72 | -136 | -152 | 453.55 | 1 | -0.34 |
2019 | 169 | -2,566 | -2,709 | 453.55 | 1 | -5.97 |
2020 | 410 | -9438 | -1378 | 453.55 | 1 | -3.03 |
Year | Total Debt | NW | Debt/NW |
2018 | 0 | 981 | 0 |
2019 | 169.40 | 6734 | 0.03 |
2020 | 352 | 5451 | 0.06 |
Year | Current Assets | Current Liabilities | Current Ratio |
2018 | 585 | 49 | 11 |
2019 | 4,974 | 367 | 13 |
2020 | 3728 | 3039 | 2 |
Year | Revenue | EBITDA | PAT | Shares | F.V. | EPS |
2020 | 470 | -1,322 | -1,769 | 454 | 1 | -3.90 |
2021 | 1,275 | 326 | -120 | 454 | 1 | -0.26 |
Year | Total Debt | NW | Debt/NW |
2020 | 353 | 5,452 | 0.06 |
2021 | 525 | 5,332 | 0.10 |
Year | Current Assets | Current Liabilities | Current Ratio |
2020 | 3,721 | 1,757 | 2.12 |
2021 | 3,501 | 362 | 9.67 |
Please find below the procedure for buying Proyuga Advanced Technologies Limited Unlisted Shares at UnlistedZone.
Please find below the procedure for selling Proyuga Advanced Technologies Limited Unlisted Shares at UnlistedZone.
Lock-in period of Proyuga Advanced Technologies Limited Unlisted Shares depends upon category of investors.
DIS - Delivery Instruction Slip is the way through which an investor can sell or transfer the Proyuga Advanced Technologies Limited Unlisted Shares from his/her demat account to any other demat account. There are two Types of DIS Slip.
In the last 4-5 years, the unlisted share market has become quite big and as a result of that, the ticket size has reduced from usual 5-10 Lac to 35-50k in today's scenario. So, via our UnlistedZone platform, if somebody wants to buy Proyuga Advanced Technologies Limited Unlisted Shares then minimum investment would be 35-50k.
Yes, buying and selling of unlisted shares in India is 100% legal.
If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.
If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 20% with indexation benefits.
After listing of shares, the unlisted shares which you have bought through unlisted market, will be taxed at listed rates, if sold through exchange. So, taxes of listed market will be applicable. And, to calculate holding time, for determining LTCG or STCG, the purchase date of unlisted shares will be applicable.
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Katlin
Hi,
Is anyone willing to sell ProYuga shares @30 price?
Raghuvamsi
Anyone willing to sell? I would like to purchase at @30
mohan2457
I would like to sell for that price if you’re interested,
sid
Hi raghu vamsi,
I’m looking to sell these shares.
Thanks.
Umesh Paliwal
How much quantity you have?
ALLAVENKATESWARLU
want to buy proyuga @25
mohan2457
Hi, I’m looking to sell if you’re interested.
Thanks
srikrishna
Still u are holding proyuga shares.I am interested,tell me the price.
Umesh Paliwal
Please drop us an email at sales@unlistedzone.com and our team will contact you.
sid
Yes i still have those shares, are you still looking to buy?
Thanks.
sankeerth2419
can you share your mailid i will get in touch with you
Umesh Paliwal
Ya sure. You can contact us at sales@unlistedzone.com
HD
I am interested.
Umesh Paliwal
Hi, Currently it is not available.
Market Wizard
Online meet on 16.08.2020 to discuss the business prospect of the company.
https://unlistedzone.com/online-get-together-invitation-from-proyuga-to-discuss-business-affairs/
Deepanshu
What is the current market price and lot size?
Market Wizard
Please drop an email to us at sales@unlistedzone.com for more detail.
Market Wizard
How to take Franchise of Proyuga
For any aspiring and budding franchisees, IB Crickets franchise is available in two business models, namely Standard and Premium.
The standard business model would cost you around INR 22.5 lakhs, which includes all the relevant hardware, software, and furnishings. The expected return on investment (ROI) is around INR 60 lakhs-1.2 CR in four years.
Whereas, INR 25 lakh is required in order to obtain the premium business model of the IB Cricket franchise. Again, the entire investment includes all the relevant hardware, software, and furnishings where the franchisees are guaranteed support for returns of INR 1.5 CR in four years.
Additionally, an area around 400 1200 sq. ft is required for owning IB Crickets franchise.
Jaideep Singh
Share the rate
Surendra Navale
Can u share me rate
Rajesh
What is the best available Price / Share?,
Market Wizard
The iB Cricket fun at the arcade.
https://www.youtube.com/watch?v=XMivMzmictg