Prime Drives Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
as on 27-10-2024
- Paid Up Capital ₹ 0.40 M
as on 27-10-2024
- Company Age 4 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.27 Cr
as on 27-10-2024
- Revenue -67.52%
(FY 2023)
- Profit 13.17%
(FY 2023)
- Ebitda -153.26%
(FY 2023)
- Net Worth -70.35%
(FY 2023)
- Total Assets -24.68%
(FY 2023)
About Prime Drives
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 1.50 M and a paid-up capital of Rs 0.40 M.
The company currently has active open charges totaling ₹1.27 Cr.
Mohan Sripathy, Damodaraswamy Chandru, Senthilkumar, and One other member serve as directors at the Company.
- CIN/LLPIN
U29304TZ2020PTC034101
- Company No.
034101
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Jul 2020
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Prime Drives?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Damodaraswamy Chandru  | Director | 15-Jul-2020 | Current |
| Mohan Sripathy | Director | 15-Jul-2020 | Current |
| Senthilkumar | Director | 10-Aug-2020 | Current |
| Damodaraswamy Diliphan | Director | 10-Aug-2020 | Current |
Financial Performance of Prime Drives.
Prime Drives Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 67.52% decrease. The company also saw a substantial improvement in profitability, with a 13.17% increase in profit. The company's net worth observed a substantial decline by a decrease of 70.35%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Prime Drives?
In 2023, Prime Drives had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Servo Polytech Coimbatore Private LimitedActive 17 years 11 monthsMohan Sripathy, Damodaraswamy Chandru and 2 more are mutual person
Infinity Manufacturing Company Private LimitedActive 16 years 9 monthsMohan Sripathy and Senthilkumar are mutual person
Charges (Loans)
₹12.73 M
₹0
Charges Breakdown by Lending Institutions
- Others : 1.27 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jan 2021 | Others | ₹2.36 M | Open |
| 08 Oct 2020 | Others | ₹7.25 M | Open |
| 08 Oct 2020 | Others | ₹3.12 M | Open |
How Many Employees Work at Prime Drives?
Unlock and access historical data on people associated with Prime Drives, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Prime Drives, 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 Drives's trajectory.
Rating
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Alerts
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