Prime Pipes & Fittings Private Limited

Manufactures and sells plastic pipes, tubes, fittings, and irrigation equipment.

2014 | Bangaluru, Karnataka (India) | Active
Last Updated: December 31, 2024

Prime Pipes & Fittings Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 11 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.00 Cr
  • Satisfied Charges ₹ 2.96 Cr
  • Revenue Growth 15.39%
  • Profit Growth -46.40%
  • Ebitda -10.92%
  • Net Worth 10.55%
  • Total Assets 18.18%

About Prime Pipes & Fittings

Prime Pipes & Fittings Private Limited (PPFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 January 2014 and has a history of 11 years and one month. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Manufacturing 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹6.00 Cr. The company has closed loans amounting to ₹2.96 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jaichand Daga, Vikas Daga, and Vimal Daga serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U25190KA2014PTC073207

  • Company No.

    073207

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Jan 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

Who are the key members and board of directors at Prime Pipes & Fittings?

Board Members (3)

NameDesignationAppointment DateStatus
Vikas Daga Country flag representing In Director 24-Jan-2014Current
Jaichand Daga Country flag representing In Director 24-Jan-2014Current
Vimal Daga Country flag representing In Director 01-Oct-2019Current

Financial Performance of Prime Pipes & Fittings.

Prime Pipes & Fittings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.39% increase. The company also saw a substantial fall in profitability, with a 46.4% decrease in profit. The company's net worth Soared by an impressive increase of 10.55%.

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
15.39%
Revenue from Operations
14.09%
Total Assets
18.18%
Profit or Loss
-46.40%
Net Worth
10.55%
EBITDA
-10.92%

What is the Ownership and Shareholding Structure of Prime Pipes & Fittings?

Unlock access to Prime Pipes & Fittings's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹60.00 M

Satisfied Charges

₹29.60 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 6.00 Cr

Latest Charge Details

DateLenderAmountStatus
19 Jan 2024Hdfc Bank Limited₹6.00 CrOpen
20 Nov 2020Others₹2.80 MSatisfied
19 Feb 2015State Bank Of Mysore₹6.80 MSatisfied
29 May 2014Icici Bank Limited₹2.00 CrSatisfied

How Many Employees Work at Prime Pipes & Fittings?

Prime Pipes & Fittings has a workforce of 14 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 Pipes & Fittings, 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 Pipes & Fittings'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 Pipes & Fittings

Recent activity within the organization

  • Annual General Meeting

    Prime Pipes & Fittings 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 Pipes & Fittings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 60.00 M with Charge ID 100926682 was registered on 19 Jan 2024.

    19 Jan 2024

  • Charges

    A charge registered on 20 Nov 2020 via Charge ID 100412667 with Others was fully satisfied on 07 Jun 2021.

    07 Jun 2021

  • Charges

    A charge registered on 29 May 2014 via Charge ID 10507009 with Icici Bank Limited was fully satisfied on 07 Jun 2021.

    07 Jun 2021

  • Charges

    A charge with Others of Rs. 2.80 M registered on 20 Nov 2020 with Charge ID 100412667 was modified on 09 Dec 2020.

    09 Dec 2020

Frequently asked questions

  • Prime Pipes & Fittings Private Limited was incorporated on 24 Jan 2014.

  • The authorized share capital of Prime Pipes & Fittings Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 3 directors are associated with Prime Pipes & Fittings Private Limited.

    • Jaichand Lal Daga
    • Vikas Kumar Daga
    • Vimal Chand Daga
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prime Pipes & Fittings Private Limited is Ground Floor Corporation No. C-2 Kudremukh Colony Sarjapur Road 2Nd Block, Koramangala India, Bangalore, Karnataka, 560034.

  • The corporate identification number (CIN) of Prime Pipes & Fittings Private Limited is U25190KA2014PTC073207 and the company number is 073207 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prime Pipes & Fittings Private Limited is https://www.primepipesandfittings.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prime Pipes & Fittings Private Limited has risen by 15.39%.

  • As Per 2023 financial reports, 14 employees are currently employed by Prime Pipes & Fittings Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prime Pipes & Fittings Private Limited has experienced an upsurge of 10.55%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prime Pipes & Fittings Private Limited amount to ₹ 6.00 Cr.

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