Prima Automotive Private Limited

Manufacturer and exporter of fasteners, including washers, bolts, and spring washers.

1997 | Punjab, Punjab (India) | Active
Last Updated: July 31, 2024

Prima Automotive Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.38 M
  • Company Age 27 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.76 Cr
  • Satisfied Charges ₹ 6.53 M
  • Revenue Growth 54.39%
  • Profit Growth 191.60%
  • Ebitda 81.10%
  • Net Worth 49.09%
  • Total Assets 14.92%

About Prima Automotive

Prima Automotive Private Limited (PAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 May 1997 and has a history of 27 years and eight months. Its registered office is in Punjab, Punjab, India.

The Company is engaged in the Machinery And Equipment 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 1.50 M and a paid-up capital of Rs 1.38 M.

The company currently has active open charges totaling ₹2.76 Cr. The company has closed loans amounting to ₹6.53 M, as per Ministry of Corporate Affairs (MCA) records.

Rajinder Singh, Natha Singh, Jaswinder Kaur, and Two other members serve as directors at the Company.

Company Details

  • Location

    Punjab, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    primaauto.net

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28991PB1997PTC020008

  • Company No.

    020008

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 May 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Machinery and Equipment

What products or services does Prima Automotive Private Limited offer?

Prima Automotive Private Limited offers a wide range of products and services, including Brackets, Holder & Hardware Fittings, Metal Channels.

Who are the key members and board of directors at Prima Automotive?

Board Members (5)

Name Designation Appointment Date Status
Rajinder Singh Country flag representing In Director 27-May-1997 Current
Natha Singh Country flag representing In Director 03-Feb-2003 Current
Jaswinder Kaur Country flag representing In Additional Director 10-Feb-2017 Current
Surjit Kaur Country flag representing In Additional Director 11-Mar-2022 Current
Prathamjeet Singh Additional Director 13-Mar-2024 Current

Financial Performance of Prima Automotive.

Prima Automotive Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 54.39% increase. The company also saw a substantial improvement in profitability, with a 191.6% increase in profit. The company's net worth Soared by an impressive increase of 49.09%.

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
54.39%
Revenue from Operations
54.39%
Total Assets
14.92%
Profit or Loss
191.60%
Net Worth
49.09%
EBITDA
81.10%

What is the Ownership and Shareholding Structure of Prima Automotive?

In 2023, Prima Automotive had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹27.58 M

Satisfied Charges

₹6.53 M

Charges Breakdown by Lending Institutions

  • Bank Of India : 2.71 Cr
  • Others : 0.05 Cr

Latest Charge Details

Date Lender Amount Status
01 Jun 2023 Bank Of India ₹1.50 M Open
30 Jun 2022 Bank Of India ₹1.53 M Open
13 Aug 2020 Bank Of India ₹2.20 M Open
23 May 2018 Bank Of India ₹0.95 M Open
22 Dec 2017 Bank Of India ₹2.50 M Open

How Many Employees Work at Prima Automotive?

Prima Automotive has a workforce of 26 employees as of Mar 29, 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 Prima Automotive, 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 Prima Automotive'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 Prima Automotive

Recent activity within the organization

  • Director Appointment

    Prathamjeet Singh was appointed as a Additional Director was appointed as a Additional Director on 13 Mar 2024 & has been associated with this company since 11 months 2 days .

    13 Mar 2024

  • Annual General Meeting

    Prima Automotive 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 Bank Of India amounted to Rs. 1.50 M with Charge ID 100765288 was registered on 01 Jun 2023.

    01 Jun 2023

  • Balance Sheet

    Prima Automotive Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Bank Of India amounted to Rs. 1.53 M with Charge ID 100595324 was registered on 30 Jun 2022.

    30 Jun 2022

  • Director Appointment

    Surjit Kaur was appointed as a Additional Director was appointed as a Additional Director on 11 Mar 2022 & has been associated with this company since 2 years 11 months .

    11 Mar 2022

Frequently asked questions

  • Prima Automotive Private Limited was incorporated on 27 May 1997.

  • The authorized share capital of Prima Automotive Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.38 M.

  • Currently 5 directors are associated with Prima Automotive Private Limited.

    • Rajinder Singh
    • Natha Singh
    • Jaswinder Kaur
    • Surjit Kaur
    • Prathamjeet Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prima Automotive Private Limited is Inds Area C Sua Roaddhandari Kalan Ludhiana, Punjab, India.

  • The corporate identification number (CIN) of Prima Automotive Private Limited is U28991PB1997PTC020008 and the company number is 020008 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prima Automotive Private Limited is https://www.primaauto.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prima Automotive Private Limited has risen by 54.39%.

  • As Per 2023 financial reports, 26 employees are currently employed by Prima Automotive Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prima Automotive Private Limited has experienced an upsurge of 49.09%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prima Automotive Private Limited amount to ₹ 2.76 Cr.

  • The most recent Balance Sheet for Prima Automotive Private Limited was filed with the ROC on 31 Mar 2023.

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