Prima Cycles Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
as on 23-10-2024
- Paid Up Capital ₹ 0.82 M
as on 23-10-2024
- Company Age 33 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9.39 Cr
as on 23-10-2024
- Satisfied Charges ₹ 6.60 M
as on 23-10-2024
- Revenue -10.90%
(FY 2023)
- Profit 10.21%
(FY 2023)
- Ebitda -8.45%
(FY 2023)
- Net Worth 15.50%
(FY 2023)
- Total Assets 7.27%
(FY 2023)
About Prima Cycles
The Company is engaged in the Automotive 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 2.00 M and a paid-up capital of Rs 0.82 M.
The company currently has active open charges totaling ₹9.39 Cr. The company has closed loans amounting to ₹6.60 M, as per Ministry of Corporate Affairs (MCA) records.
Manminder Kaur, Surjit Rai, Harinder Rai, and One other member serve as directors at the Company.
- CIN/LLPIN
U35921PB1991PTC011174
- Company No.
011174
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Mar 1991
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Prima Cycles?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harinder Rai  | Managing Director | 13-Mar-1991 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manminder Kaur | Additional Director | 03-Mar-2016 | Current |
| Surjit Rai | Whole-Time Director | 30-Sep-2006 | Current |
| Harmanjit Singh | Director | 03-Feb-2003 | Current |
Financial Performance of Prima Cycles.
Prima Cycles Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.9% decrease. The company also saw a substantial improvement in profitability, with a 10.21% increase in profit. The company's net worth Soared by an impressive increase of 15.5%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Prima Cycles?
In 2023, Prima Cycles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Sidbi Creation Date: 27 Aug 2024 | ₹2.12 M | Open |
Hdfc Bank Limited Creation Date: 29 Jan 2019 | ₹1.25 Cr | Open |
Hdfc Bank Limited Creation Date: 29 Jan 2019 | ₹5.25 Cr | Open |
How Many Employees Work at Prima Cycles?
Prima Cycles has a workforce of 15 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Prima Cycles, 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 Cycles's trajectory.
Rating
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
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.
