Prime Mag Subscription Services Private Limited

Provides subscription services for books, newspapers, and magazines.

2003 | Delhi (India) | Active
Last Updated:

Prime Mag Subscription Services Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.16 M
  • Company Age 21 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 24.58 Cr
  • Satisfied Charges ₹ 9.85 Cr
  • Revenue Growth 12.89%
  • Profit Growth 9.19%
  • Ebitda 27.06%
  • Net Worth 12.69%
  • Total Assets 3.32%

About Prime Mag Subscription Services

Prime Mag Subscription Services Private Limited (PMSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 June 2003 and has a history of 21 years and nine months. Its registered office is in Delhi, India.

The Company is engaged in the Education 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 1.00 M and a paid-up capital of Rs 0.16 M.

The company currently has active open charges totaling ₹24.58 Cr. The company has closed loans amounting to ₹9.85 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sushma Bhatia, Akhil Bhatia, and Nikhil Bhatia serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U22122DL2003PTC120704

  • Company No.

    120704

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jun 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Education

Who are the key members and board of directors at Prime Mag Subscription Services?

Board Members (3)

NameDesignationAppointment DateStatus
Sushma Bhatia Country flag representing In Director 01-Jul-2004Current
Akhil Bhatia Country flag representing In Director 04-Jun-2003Current
Nikhil Bhatia Country flag representing In Director 15-Sep-2004Current

Financial Performance of Prime Mag Subscription Services.

Prime Mag Subscription Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.89% increase. The company also saw a slight improvement in profitability, with a 9.19% increase in profit. The company's net worth Soared by an impressive increase of 12.69%.

Prime Mag Subscription Services revenue growth over time
Prime Mag Subscription Services 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
12.89%
Revenue from Operations
12.96%
Total Assets
3.32%
Profit or Loss
9.19%
Net Worth
12.69%
EBITDA
27.06%

What is the Ownership and Shareholding Structure of Prime Mag Subscription Services?

In 2023, Prime Mag Subscription Services had a promoter holding of 31.25% and a public holding of 68.75%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹245.78 M

Satisfied Charges

₹98.46 M

Charges Breakdown by Lending Institutions

  • Others : 24.14 Cr
  • Axis Bank Limited : 0.44 Cr

Latest Charge Details

DateLenderAmountStatus
16 Nov 2021Others₹1.40 MOpen
11 Jan 2021Axis Bank Limited₹4.38 MOpen
07 Jan 2011Others₹24.00 CrOpen
15 Jun 2020Others₹2.85 MSatisfied
14 Jul 2014Punjab National Bank₹0.78 MSatisfied

How Many Employees Work at Prime Mag Subscription Services?

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

Employee growth trends for Prime Mag Subscription Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prime Mag Subscription 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 Mag Subscription 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 Mag Subscription Services

Recent activity within the organization

  • Charges

    A charge registered on 15 Jun 2020 via Charge ID 100344308 with Others was fully satisfied on 15 Oct 2024.

  • Annual General Meeting

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

  • Charges

    A charge with Others of Rs. 240.00 M registered on 07 Jan 2011 with Charge ID 10265380 was modified on 07 Jun 2024.

  • Balance Sheet

    Prime Mag Subscription Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge registered on 14 Jul 2014 via Charge ID 10512053 with Punjab National Bank was fully satisfied on 23 Aug 2022.

  • Charges

    A charge registered on 19 Mar 2013 via Charge ID 10415947 with Punjab National Bank was fully satisfied on 23 Aug 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Prime Mag Subscription Services Private Limited?

    Prime Mag Subscription Services Private Limited was incorporated on 04 Jun 2003.

  • What is authorized share capital and paid-up capital of Prime Mag Subscription Services Private Limited?

    The authorized share capital of Prime Mag Subscription Services Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.16 M.

  • Who are the current board members & directors of Prime Mag Subscription Services Private Limited?

    Currently 3 directors are associated with Prime Mag Subscription Services Private Limited.

    • Sushma Bhatia
    • Akhil Bhatia
    • Nikhil Bhatia

  • What is the registered address of Prime Mag Subscription Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Prime Mag Subscription Services Private Limited is 203 Lsc Pocket - B Ashok Vihar, Phase Iii India, Delhi, 110052.

  • What is the corporate identification number (CIN) and company number of Prime Mag Subscription Services Private Limited?

    The corporate identification number (CIN) of Prime Mag Subscription Services Private Limited is U22122DL2003PTC120704 and the company number is 120704 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Prime Mag Subscription Services Private Limited?

    The Official website of Prime Mag Subscription Services Private Limited is https://www.primemag.net

  • What has been the recent revenue trend for Prime Mag Subscription Services Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Prime Mag Subscription Services Private Limited has risen by 12.89%.

  • What change has been observed in the net worth of Prime Mag Subscription Services Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Prime Mag Subscription Services Private Limited has experienced an upsurge of 12.69%.

  • What are the total open charges for Prime Mag Subscription Services Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Prime Mag Subscription Services Private Limited amount to ₹ 24.58 Cr.

  • When was the last Balance Sheet of Prime Mag Subscription Services Private Limited filed with the ROC?

    The most recent Balance Sheet for Prime Mag Subscription Services Private Limited was filed with the ROC on 31 Mar 2024.

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