Prime Industries Limited

Manufactures vanaspati ghee in Punjab with a registered office in Ludhiana.

1992 | Ludhiana, Punjab (India) | Active
Last Updated: June 20, 2024

Prime Industries Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 7.83 Cr
  • Company Age 32 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 25.71 Cr
  • Satisfied Charges ₹ 6.00 Cr
  • Revenue Growth 354.01%
  • Profit Growth 1046.46%
  • Ebitda 255.50%
  • Net Worth -2.02%
  • Total Assets -15.36%

About Prime Industries

Prime Industries Limited (PIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 October 1992 and has a history of 32 years and four months. Its registered office is in Ludhiana, Punjab, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 519299.

The Corporate was formerly known as Prime Proteins Limited. The Company is engaged in the Food And Beverages 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 20.00 Cr and a paid-up capital of Rs 7.83 Cr.

The company currently has active open charges totaling ₹25.71 Cr. The company has closed loans amounting to ₹6.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Prime Industries Limited India are Mohit Verma as COMPANY SECRETARY and Rajesh Kakar as Cfo. Rajiv Kalra, Rajinder Singhania, Harjeet Arora, and Four other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L15490PB1992PLC012662

  • Company No.

    012662

  • Stock Symbol

    BSE : 519299

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Oct 1992

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Chandigarh

Industry

Food and Beverages

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

Executive Team (3)

NameDesignationAppointment DateStatus
Rajinder Singhania Country flag representing In Managing Director01-Aug-1998Current
Mohit Verma Company Secretary22-Feb-2024Current
Rajesh Kakar CFO08-Mar-2022Current

Board Members (6)

NameDesignationAppointment DateStatus
Harjeet Arora Country flag representing In Director 19-Oct-1992Current
Ashwani Kumar Country flag representing In Director 21-Dec-1996Current
Rajiv Kalra Country flag representing In Director 31-Mar-2015Current
Saket Agarwal Country flag representing In Director 25-Sep-2023Current
Deepak Chauhan Country flag representing In Director 25-Sep-2023Current
Ritu Sarin Country flag representing In Director 25-Sep-2023Current

Financial Performance of Prime Industries.

Prime Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 354.01% increase. The company also saw a substantial improvement in profitability, with a 1046.46% increase in profit. The company's net worth dipped by a decrease of 2.02%.

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
354.01%
Revenue from Operations
302.99%
Total Assets
-15.36%
Profit or Loss
1046.46%
Net Worth
-2.02%
EBITDA
255.50%

What is the Ownership and Shareholding Structure of Prime Industries?

In 2022, Prime Industries had a promoter holding of 56.98% and a public holding of 43.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹25.71 Cr

Satisfied Charges

₹6.00 Cr

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 25.71 Cr

Latest Charge Details

DateLenderAmountStatus
20 Nov 2007Punjab National Bank₹16.00 CrOpen
09 Jan 2002Punjab National Bank₹7.50 MOpen
09 Jan 2002Punjab National Bank₹7.50 MOpen
09 Jan 2001Punjab National Bank₹8.50 MOpen
08 Feb 2000Punjab National Bank₹0.40 MOpen

How Many Employees Work at Prime Industries?

Unlock and access historical data on people associated with Prime Industries, 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 Industries, 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 Industries'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 Industries

Recent activity within the organization

  • Director Appointment

    Mohit Verma was appointed as a Company Secretary was appointed as a Company Secretary on 22 Feb 2024 & has been associated with this company since 1 year .

    22 Feb 2024

  • Annual General Meeting

    Prime Industries Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Balance Sheet

    Prime Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Director Appointment

    Rajiv Kalra was appointed as a Director was appointed as a Director on 31 Mar 2015 & has been associated with this company since 9 years 10 months .

    31 Mar 2015

  • Charges

    A charge with Punjab National Bank amounted to Rs. 16.00 Cr with Charge ID 10082378 was registered on 20 Nov 2007.

    20 Nov 2007

  • Charges

    A charge registered on 24 Apr 2003 via Charge ID 80031632 with State Bank Of India was fully satisfied on 23 May 2007.

    23 May 2007

Frequently asked questions

  • Prime Industries Limited was incorporated on 19 Oct 1992.

  • The authorized share capital of Prime Industries Limited is ₹ 20.00 Cr and paid-up capital is ₹ 7.83 Cr.

  • Currently 9 directors are associated with Prime Industries Limited.

    • Mohit Verma
    • Rajesh Kumar Kakar
    • Rajiv Kalra
    • Rajinder Kumar Singhania
    • Harjeet Singh Arora
    • Ashwani Kumar
    • Saket Agarwal
    • Deepak Chauhan
    • Ritu Sarin
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prime Industries Limited is Master Chambers 19, Feroze Gandhi Market, Ludhiana, Punjab, India, 141001.

  • The corporate identification number (CIN) of Prime Industries Limited is L15490PB1992PLC012662 and the company number is 012662 as per Ministry of Corporate Affairs (MCA).

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

  • The Official website of Prime Industries Limited is https://www.primeindustrieslimited.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prime Industries Limited has risen by 354.01%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prime Industries Limited has experienced an downturn of -2.02%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prime Industries Limited amount to ₹ 25.71 Cr.

  • The most recent Balance Sheet for Prime Industries Limited was filed with the ROC on 31 Mar 2023.

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