Prime Global Accommodation Services Private Limited

Provides accommodation services including hotels, apartments, and long-term stays in 170+ countries.

2017 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 16, 2025

Prime Global Accommodation Services Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.50 M
  • Revenue Growth 1189.23%
  • Profit Growth 390.57%
  • Ebitda 121.35%
  • Net Worth 131.98%
  • Total Assets 37.16%

About Prime Global Accommodation Services

Prime Global Accommodation Services Private Limited (PGASPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 June 2017 (Seven years and seven months 30 days old ). Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Travel And Hospitality 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.50 M.

Elumalai Sridhar, Kumaran, and Stalin Appadurai serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    stayfac.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999TN2017PTC117083

  • Company No.

    117083

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jun 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Travel and Hospitality

Who are the key members and board of directors at Prime Global Accommodation Services?

Board Members (3)

Name Designation Appointment Date Status
Kumaran Country flag representing In Director 14-Jun-2017 Current
Elumalai Sridhar Country flag representing In Director 14-Jun-2017 Current
Stalin Appadurai Country flag representing In Director 11-Jul-2019 Current

Financial Performance of Prime Global Accommodation Services.

Prime Global Accommodation Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1189.23% increase. The company also saw a substantial improvement in profitability, with a 390.57% increase in profit. The company's net worth Soared by an impressive increase of 131.98%.

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
1189.23%
Revenue from Operations
1265.52%
Total Assets
37.16%
Profit or Loss
390.57%
Net Worth
131.98%
EBITDA
121.35%

What is the Ownership and Shareholding Structure of Prime Global Accommodation Services?

In 2023, Prime Global Accommodation Services had a public holding of 25.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.25 Cr

Latest Charge Details

Date Lender Amount Status
01 Feb 2019 Others ₹2.50 M Open

How Many Employees Work at Prime Global Accommodation Services?

Prime Global Accommodation Services has a workforce of 28 employees as of Apr 07, 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 Global Accommodation Services, 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 Global Accommodation Services'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 Global Accommodation Services

Recent activity within the organization

  • Annual General Meeting

    Prime Global Accommodation Services Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Prime Global Accommodation Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Stalin Appadurai was appointed as a Director was appointed as a Director on 11 Jul 2019 & has been associated with this company since 5 years 7 months .

    11 Jul 2019

  • Charges

    A charge with Others amounted to Rs. 2.50 M with Charge ID 100239015 was registered on 01 Feb 2019.

    01 Feb 2019

  • Director Appointment

    Elumalai Sridhar was appointed as a Director was appointed as a Director on 14 Jun 2017 & has been associated with this company since 7 years 7 months .

    14 Jun 2017

  • Director Appointment

    Kumaran was appointed as a Director was appointed as a Director on 14 Jun 2017 & has been associated with this company since 7 years 7 months .

    14 Jun 2017

Frequently asked questions

  • Prime Global Accommodation Services Private Limited was incorporated on 14 Jun 2017.

  • The authorized share capital of Prime Global Accommodation Services Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Prime Global Accommodation Services Private Limited.

    • Elumalai Sridhar
    • Kumaran
    • Stalin Appadurai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prime Global Accommodation Services Private Limited is 30/17 2Nd Cross Street, Cit Nagar Nandanam India, Chennai, Tamil Nadu, 600035.

  • The corporate identification number (CIN) of Prime Global Accommodation Services Private Limited is U74999TN2017PTC117083 and the company number is 117083 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prime Global Accommodation Services Private Limited is https://www.stayfac.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prime Global Accommodation Services Private Limited has risen by 1189.23%.

  • As Per 2023 financial reports, 28 employees are currently employed by Prime Global Accommodation Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prime Global Accommodation Services Private Limited has experienced an upsurge of 131.98%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prime Global Accommodation Services Private Limited amount to ₹ 2.50 M.

  • The most recent Balance Sheet for Prime Global Accommodation Services Private Limited was filed with the ROC on 31 Mar 2023.

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