Prime India Associates Private Limited

Provides earth moving, transportation, excavation, and mining services for various metals and minerals.

2011 | Sambalpur, Odisha (India) | Active
Last Updated: December 29, 2024

Prime India Associates Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.11 M
  • Company Age 13 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.93 Cr
  • Revenue Growth 44.24%
  • Profit Growth 127.69%
  • Ebitda 52.33%
  • Net Worth 78.37%
  • Total Assets 12.95%

About Prime India Associates

Prime India Associates Private Limited (PIAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 November 2011 and has a history of 13 years and two months. Its registered office is in Sambalpur, Odisha, India.

The Company is engaged in the Home & Lifestyle 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 2.00 M and a paid-up capital of Rs 1.11 M.

The company currently has active open charges totaling ₹11.93 Cr.

Anannya Naik and Shanti Naik serve as directors at the Company.

Company Details

  • Location

    Sambalpur, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U10100OR2011PTC014497

  • Company No.

    014497

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Nov 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Home & Lifestyle
Metals and Minerals
Transport and Logistics

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

Executive Team (1)

Name Designation Appointment Date Status
Anannya Naik Country flag representing In Managing Director 15-Nov-2011 Current

Board Members (1)

Name Designation Appointment Date Status
Shanti Naik Country flag representing In Director 27-Apr-2019 Current

Financial Performance of Prime India Associates.

Prime India Associates Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 44.24% increase. The company also saw a substantial improvement in profitability, with a 127.69% increase in profit. The company's net worth Soared by an impressive increase of 78.37%.

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
44.24%
Revenue from Operations
44.27%
Total Assets
12.95%
Profit or Loss
127.69%
Net Worth
78.37%
EBITDA
52.33%

What is the Ownership and Shareholding Structure of Prime India Associates?

In 2022, Prime India Associates had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹119.29 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 6.87 Cr
  • Others : 2.70 Cr
  • Axis Bank Limited : 2.36 Cr

Latest Charge Details

Date Lender Amount Status
06 Dec 2023 Hdfc Bank Limited ₹3.05 M Open
29 Mar 2022 Hdfc Bank Limited ₹8.99 M Open
09 Mar 2021 Axis Bank Limited ₹2.64 M Open
30 Jan 2021 Hdfc Bank Limited ₹1.92 Cr Open
31 Aug 2020 Others ₹0.80 M Open

How Many Employees Work at Prime India Associates?

Unlock and access historical data on people associated with Prime India Associates, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prime India Associates, 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 India Associates'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 India Associates

Recent activity within the organization

  • Annual General Meeting

    Prime India Associates Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Prime India Associates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 35.00 M registered on 07 Mar 2020 with Charge ID 100343731 was modified on 08 Dec 2023.

    08 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.05 M with Charge ID 100873275 was registered on 06 Dec 2023.

    06 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 8.99 M with Charge ID 100564349 was registered on 29 Mar 2022.

    29 Mar 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.64 M with Charge ID 100430860 was registered on 09 Mar 2021.

    09 Mar 2021

Frequently asked questions

  • Prime India Associates Private Limited was incorporated on 15 Nov 2011.

  • The authorized share capital of Prime India Associates Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.11 M.

  • Currently 2 directors are associated with Prime India Associates Private Limited.

    • Anannya Anusuya Naik
    • Shanti Naik
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prime India Associates Private Limited is Shop No 5 1St Floor Kadambari Complex Naya Para, Golebazar Chowk India, Sambalpur, Orissa, 768001.

  • The corporate identification number (CIN) of Prime India Associates Private Limited is U10100OR2011PTC014497 and the company number is 014497 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Prime India Associates Private Limited has risen by 44.24%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Prime India Associates Private Limited has experienced an upsurge of 78.37%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Prime India Associates Private Limited amount to ₹ 11.93 Cr.

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

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