Prime Assetsource Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 15 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 34.21 Cr
- Satisfied Charges ₹ 29.83 Cr
- Revenue Growth 28.53%
- Profit Growth 239.91%
- Ebitda -5.08%
- Net Worth 12.18%
- Total Assets 25.15%
About Prime Assetsource
Prime Assetsource Private Limited (PAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 June 2009 and has a history of 15 years and seven months. Its registered office is in Bangalore, Karnataka, India.
The Company is engaged in the Financial Services 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 Cr and a paid-up capital of Rs 2.00 Cr.
The company currently has active open charges totaling ₹34.21 Cr. The company has closed loans amounting to ₹29.83 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kempe Raghavendra, Preet Sonawala, and Manish Ojha serve as directors at the Company.
Company Details
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Location
Bangalore, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U72200KA2009PTC050135
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Company No.
050135
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
16 Jun 2009
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Prime Assetsource Private Limited offer?
Prime Assetsource Private Limited offers a wide range of products and services, including Short Term Diploma & Course Provider, Certificate Courses, Router, Cables & Networking Devices, Web Server.
Who are the key members and board of directors at Prime Assetsource?
Board Members (3)
Name | Designation | Appointment Date | Status |
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Kempe Raghavendra
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Director | 06-Jun-2018 | Current |
Manish Ojha
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Director | 21-Jun-2018 | Current |
Preet Sonawala
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Director | 16-Jun-2009 | Current |
Financial Performance of Prime Assetsource.
Prime Assetsource Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.53% increase. The company also saw a substantial improvement in profitability, with a 239.91% increase in profit. The company's net worth Soared by an impressive increase of 12.18%.
![Graph illustrating revenue growth over time](/Images/financial/revenue-growth.webp)
![Graph showing profit and loss trends over time](/Images/financial/profit-loss.webp)
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Prime Assetsource?
In 2023, Prime Assetsource had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
![Shareholding Indicator graph](/Images/tcc-login/Shareholding-Indiacator-1200.webp)
Charges (Loans)
₹34.21 Cr
₹29.83 Cr
Charges Breakdown by Lending Institutions
- Others : 34.21 Cr
Latest Charge Details
Date | Lender | Amount | Status |
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13 Sep 2019 | Others | ₹34.21 Cr | Open |
05 Oct 2018 | Others | ₹1.27 Cr | Satisfied |
04 Jul 2018 | Others | ₹1.03 Cr | Satisfied |
05 Dec 2017 | Others | ₹1.05 Cr | Satisfied |
18 Aug 2017 | Yes Bank Limited | ₹2.00 Cr | Satisfied |
How Many Employees Work at Prime Assetsource?
Prime Assetsource has a workforce of 24 employees as of Apr 08, 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](/Images/tcc-login/Employee-Graph.webp)
Deals i
![Graph showing company valuation over time](/Images/tcc-login/Valuation-Graph-small.webp)
Gain comprehensive insights into the Deals and Valuation data of Prime Assetsource, 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 Prime Assetsource's trajectory.
Rating
![Graph displaying rating trends over time](/Images/tcc-login/Rating-Graph-small.webp)
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](/Images/tcc-login/Alert-Indicator-small.webp)
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.