I Prime Services Private Limited

Provides IT support services and specializes in constructing buildings and offices using pre-fabricated units.

1955 | Ludhiana, Punjab (India) | Active
Last Updated: February 08, 2025

I Prime Services Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.14 M
  • Company Age 69 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.40 M
  • Revenue Growth 17.37%
  • Profit Growth -28.69%
  • Ebitda -14.97%
  • Net Worth 25.31%
  • Total Assets 37.87%

About I Prime Services

I Prime Services Private Limited (IPSPL) was founded in India on 22 August 1955 and has a glorious history of 69 years and six months. Its registered office is in Ludhiana, Punjab, India.

The Corporate was formerly known as Mehar Singh & Co Pvt Ltd. The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.14 M.

The company currently has active open charges totaling ₹3.40 M.

Maninder Grewal, Maninder Grewal, and Harpal Singh serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    iprimeserv.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200PB1955PTC036263

  • Company No.

    036263

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Aug 1955

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Information Technology

What products or services does I Prime Services Private Limited offer?

I Prime Services Private Limited offers a wide range of products and services, including Business Planning and Management, Business Consultant, IT, Networking & Automation Solution, IT Solutions, Computer and Networking Solutions, Networking Solutions, HR & Payroll Outsourcing Services, HR Outsourcing.

Who are the key members and board of directors at I Prime Services?

Executive Team (1)

NameDesignationAppointment DateStatus
Maninder Grewal Country flag representing In Managing Director01-Nov-1981Current

Board Members (2)

NameDesignationAppointment DateStatus
Harpal Singh Country flag representing In Director 23-May-2011Current
Maninder Grewal Country flag representing In Whole-Time Director 25-Sep-1997Current

Financial Performance of I Prime Services.

I Prime Services Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 17.37% increase. The company also saw a substantial fall in profitability, with a 28.69% decrease in profit. The company's net worth Soared by an impressive increase of 25.31%.

Graph illustrating revenue growth over time
Graph showing 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
17.37%
Revenue from Operations
17.41%
Total Assets
37.87%
Profit or Loss
-28.69%
Net Worth
25.31%
EBITDA
-14.97%

What is the Ownership and Shareholding Structure of I Prime Services?

In 2022, I Prime Services had a public holding of 3.46%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.40 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.34 Cr

Latest Charge Details

DateLenderAmountStatus
15 Mar 2024Others₹1.80 MOpen
28 Sep 2023Others₹1.60 MOpen

How Many Employees Work at I Prime Services?

I Prime Services has a workforce of 73 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of I Prime Services, 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 I Prime Services'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 I Prime Services

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 1.80 M with Charge ID 100896403 was registered on 15 Mar 2024.

    15 Mar 2024

  • Annual General Meeting

    I Prime Services Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 1.60 M with Charge ID 100788657 was registered on 28 Sep 2023.

    28 Sep 2023

  • Balance Sheet

    I Prime Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Director Appointment

    Harpal Singh was appointed as a Director was appointed as a Director on 23 May 2011 & has been associated with this company since 13 years 9 months .

    23 May 2011

  • Director Appointment

    Maninder Grewal was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 25 Sep 1997 & has been associated with this company since 27 years 4 months .

    25 Sep 1997

Frequently asked questions

  • I Prime Services Private Limited was incorporated on 22 Aug 1955.

  • The authorized share capital of I Prime Services Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.14 M.

  • Currently 3 directors are associated with I Prime Services Private Limited.

    • Maninder Singh Grewal
    • Maninder Grewal
    • Harpal Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of I Prime Services Private Limited is 188-L Model Town India, Ludhiana, Punjab, 141002.

  • The corporate identification number (CIN) of I Prime Services Private Limited is U72200PB1955PTC036263 and the company number is 036263 as per Ministry of Corporate Affairs (MCA).

  • The Official website of I Prime Services Private Limited is https://www.iprimeserv.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for I Prime Services Private Limited has risen by 17.37%.

  • As Per 2022 financial reports, 73 employees are currently employed by I Prime Services Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of I Prime Services Private Limited has experienced an upsurge of 25.31%.

  • As per the financial statements for fiscal Year 2022, The total open charges for I Prime Services Private Limited amount to ₹ 3.40 M.

  • The most recent Balance Sheet for I Prime Services Private Limited was filed with the ROC on 31 Mar 2023.