Primacy Industries Profile
Key Indicators
- Authorised Capital ₹ 632.00 Cr
- Paid Up Capital ₹ 52.55 Cr
- Company Age 20 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 146.11 Cr
- Satisfied Charges ₹ 621.49 Cr
- Revenue Growth 21.18%
- Profit Growth 96.41%
- Ebitda 4.34%
- Net Worth -11.09%
- Total Assets 2.04%
About Primacy Industries
Primacy Industries Private Limited (PIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 September 2004 and has a history of 20 years and four months. Its registered office is in Udupi, Karnataka, India.
The Corporate was formerly known as Primacy Industries Limited. The Company is engaged in the Fmcg 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 632.00 Cr and a paid-up capital of Rs 52.55 Cr.
The company currently has active open charges totaling ₹146.11 Cr. The company has closed loans amounting to ₹621.49 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Primacy Industries Private Limited India are Chandana Tikoti as COMPANY SECRETARY and Sandeshkumar Konilanamiraja as Cfo. Tonse Pai and Kalsank Umesh serve as directors at the Company.
Company Details
- Location
Udupi, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24242KA2004PTC034633
- Company No.
034633
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Sep 2004
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Primacy Industries Private Limited offer?
Primacy Industries Private Limited offers a wide range of products and services, including Artificial & Decorative Candles, Candle, Christmas Gifts & Decoratives, Christmas Decorations, Garden Candle, Pillar Candles, Chemical Reactors and Process Tanks, Process Tanks, Decorative Candle Holder, T-Light Candle Holder.
Who are the key members and board of directors at Primacy Industries?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tonse Pai  | Managing Director | 03-Sep-2004 | Current |
| Chandana Tikoti | Company Secretary | 05-Jan-2024 | Current |
| Sandeshkumar Konilanamiraja | CFO | 03-Jul-2024 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kalsank Umesh | Director | 13-Jul-2020 | Current |
Financial Performance of Primacy Industries.
Primacy Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.18% increase. The company also saw a substantial improvement in profitability, with a 96.41% increase in profit. The company's net worth observed a substantial decline by a decrease of 11.09%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Primacy Industries?
In 2023, Primacy Industries had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Icds LimitedKalsank Umesh is a mutual person
Manipal Technologies LimitedTonse Pai is a mutual person
- Manipal Payment And Identity Solutions Limited
Tonse Pai is a mutual person
Angularity Analytics Private LimitedKalsank Umesh is a mutual person
Noovocom Advantages Private LimitedKalsank Umesh is a mutual person
Manipal Thomas Greg Press Private LimitedKalsank Umesh is a mutual person
Charges (Loans)
₹146.11 Cr
₹621.49 Cr
Charges Breakdown by Lending Institutions
- Others : 91.08 Cr
- Abhyudaya Co-Operative Bank Limited : 44.08 Cr
- Canara Bank : 10.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Dec 2021 | Others | ₹32.00 Cr | Open |
| 31 Oct 2018 | Abhyudaya Co-Operative Bank Limited | ₹14.00 Cr | Open |
| 31 Oct 2017 | Others | ₹29.54 Cr | Open |
| 22 Mar 2017 | Abhyudaya Co-Operative Bank Limited | ₹30.08 Cr | Open |
| 06 Sep 2016 | Others | ₹29.54 Cr | Open |
How Many Employees Work at Primacy Industries?
Primacy Industries has a workforce of 601 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Primacy Industries, 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 Primacy Industries'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.
