Prime Fresh Limited

Agro product sourcing, processing, and distribution for retail, modern trade, and processors.

2007 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

Prime Fresh Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 13.65 Cr
  • Company Age 17 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.62 Cr
  • Satisfied Charges ₹ 2.73 Cr
  • Revenue Growth 26.19%
  • Profit Growth 55.11%
  • Ebitda 44.63%
  • Net Worth 41.93%
  • Total Assets 29.52%

About Prime Fresh

Prime Fresh Limited (PFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 March 2007 and has a history of 17 years and ten months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540404.

The Corporate was formerly known as Prime Fresh Agri Limited. The Company is engaged in the Agriculture Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 13.65 Cr.

The company currently has active open charges totaling ₹6.62 Cr. The company has closed loans amounting to ₹2.73 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Prime Fresh Limited India are Jinen Ghelani as CFO and Jasmin Majithia as Company Secretary. Ghelani Neha, Jinen Ghelani, Hiren Chandrakant, and Six other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L51109GJ2007PLC050404

  • Company No.

    050404

  • Stock Symbol

    BSE : 540404

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Mar 2007

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Agriculture

What products or services does Prime Fresh Limited offer?

Prime Fresh Limited offers a wide range of products and services, including Tropical Fruits, Subtropical Fruits, HR Consulting & Advisory, Human Resource Management, Warehousing Services, Goods Warehousing Service, Fresh Fruits, Grapes, Trade Consultation Service, Export Consultants.

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

Executive Team (2)

Name Designation Appointment Date Status
Jinen Ghelani Country flag representing In Managing Director 31-Dec-2007 Current
Jasmin Majithia Country flag representing In Company Secretary 04-Jul-2023 Current

Board Members (8)

Name Designation Appointment Date Status
Hiren Chandrakant Country flag representing In Whole-Time Director 01-May-2011 Current
Ghelani Neha Country flag representing In Whole-Time Director 30-Mar-2007 Current
Shekhar Mennon Country flag representing In Director 20-Sep-2021 Current
Gurmeetsingh Bhamrah Country flag representing In Director 20-Sep-2021 Current
Ravi Raghava Country flag representing In Director 21-May-2016 Current
Misra Brijesh Country flag representing In Director 21-May-2016 Current

Financial Performance of Prime Fresh.

Prime Fresh Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.19% increase. The company also saw a substantial improvement in profitability, with a 55.11% increase in profit. The company's net worth Soared by an impressive increase of 41.93%.

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
26.19%
Revenue from Operations
26.03%
Total Assets
29.52%
Profit or Loss
55.11%
Net Worth
41.93%
EBITDA
44.63%

What is the Ownership and Shareholding Structure of Prime Fresh?

In 2022, Prime Fresh had a promoter holding of 60.96% and a public holding of 39.05%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.62 Cr

Satisfied Charges

₹2.73 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 6.62 Cr

Latest Charge Details

Date Lender Amount Status
27 Feb 2017 Axis Bank Limited ₹6.62 Cr Open
01 Jul 2020 Axis Bank Limited ₹3.50 M Satisfied
28 Nov 2011 Others ₹2.20 Cr Satisfied
09 Dec 2009 Idbi Bank Limited ₹1.76 M Satisfied

How Many Employees Work at Prime Fresh?

Prime Fresh has a workforce of 623 employees as of Mar 31, 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 Prime Fresh, 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 Fresh'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 Prime Fresh

Recent activity within the organization

  • Charges

    A charge registered on 01 Jul 2020 via Charge ID 100352878 with Axis Bank Limited was fully satisfied on 15 Oct 2024.

    15 Oct 2024

  • Annual General Meeting

    Prime Fresh Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Prime Fresh Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 6.62 Cr registered on 27 Feb 2017 with Charge ID 100083882 was modified on 14 Jul 2023.

    14 Jul 2023

  • Director Appointment

    Shekhar Mennon was appointed as a Director was appointed as a Director on 20 Sep 2021 & has been associated with this company since 3 years 4 months .

    20 Sep 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.35 Cr with Charge ID 100352878 was registered on 01 Jul 2020.

    01 Jul 2020

Recent News, Updates & Announcement

Frequently asked questions

  • Prime Fresh Limited was incorporated on 30 Mar 2007.

  • The authorized share capital of Prime Fresh Limited is ₹ 30.00 Cr and paid-up capital is ₹ 13.65 Cr.

  • Currently 11 directors are associated with Prime Fresh Limited.

    • Ghelani Jinen Neha
    • Jinen Chandrakant Ghelani
    • Hiren Ghelani Chandrakant
    • Shekhar Mennon
    • Gurmeetsingh Bhamrah
    • Ravi Menon Raghava
    • Misra Kumar Brijesh
    • Gaurav R Meena
    • Mayur Nanalal Thakkar
    • Jinen Chandrakant Ghelani
    • Jasmin Hemantkumar Majithia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prime Fresh Limited is 102 Sanskar- 2 Near Ketav Petrol Pump Polytechnic Road, Ambawadi India, Ahmedabad, Gujarat, 380015.

  • The corporate identification number (CIN) of Prime Fresh Limited is L51109GJ2007PLC050404 and the company number is 050404 as per Ministry of Corporate Affairs (MCA).

  • Yes, Prime Fresh Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Prime Fresh Limited is https://www.primefreshlimited.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prime Fresh Limited has risen by 26.19%.

  • As Per 2023 financial reports, 623 employees are currently employed by Prime Fresh Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prime Fresh Limited has experienced an upsurge of 41.93%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prime Fresh Limited amount to ₹ 6.62 Cr.

  • The most recent Balance Sheet for Prime Fresh Limited was filed with the ROC on 31 Mar 2024.

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