Prime Research And Advisory Limited

Provides investment banking, wealth management, and treasury solutions since 1993.

1993 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Prime Research And Advisory Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 1.35 Cr
  • Company Age 31 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.70 M
  • Revenue Growth 55.69%
  • Profit Growth 23.02%
  • Ebitda 4.91%
  • Net Worth 16.56%
  • Total Assets 12.33%

About Prime Research And Advisory

Prime Research And Advisory Limited (PRAAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 March 1993 and has a history of 31 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Mannose Securities & Finance Ltd. The Company is engaged in the Financial Services 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 Cr and a paid-up capital of Rs 1.35 Cr.

The company currently has active open charges totaling ₹2.70 M.

Jayakumar Narayanswami, Akshay Gupta, Ashok Kacker, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65990MH1993PLC071007

  • Company No.

    071007

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Mar 1993

  • Date of AGM

    27 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Prime Research And Advisory?

Executive Team (1)

NameDesignationAppointment DateStatus
Akshay Gupta Country flag representing In Managing Director13-Aug-2018Current

Board Members (3)

NameDesignationAppointment DateStatus
Jayakumar Narayanswami Country flag representing In Director 12-Apr-1995Current
Ashok Kacker Country flag representing In Director 06-Nov-2021Current
Sarthak Behuria Country flag representing In Director 12-Apr-2024Current

Financial Performance of Prime Research And Advisory.

Prime Research And Advisory Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 55.69% increase. The company also saw a substantial improvement in profitability, with a 23.02% increase in profit. The company's net worth Soared by an impressive increase of 16.56%.

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
55.69%
Revenue from Operations
58.81%
Total Assets
12.33%
Profit or Loss
23.02%
Net Worth
16.56%
EBITDA
4.91%

What is the Ownership and Shareholding Structure of Prime Research And Advisory?

In 2023, Prime Research And Advisory 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

₹0.27 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.27 Cr

Latest Charge Details

DateLenderAmountStatus
06 Nov 2023Others₹2.70 MOpen

How Many Employees Work at Prime Research And Advisory?

Prime Research And Advisory has a workforce of 3 employees as of Apr 01, 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 Research And Advisory, 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 Research And Advisory'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 Research And Advisory

Recent activity within the organization

  • Annual General Meeting

    Prime Research And Advisory Limited last Annual general meeting of members was held on 27 Jun 2024 as per latest MCA records.

    27 Jun 2024

  • Director Appointment

    Sarthak Behuria was appointed as a Director was appointed as a Director on 12 Apr 2024 & has been associated with this company since 9 months 20 days .

    12 Apr 2024

  • Balance Sheet

    Prime Research And Advisory Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.27 Cr with Charge ID 100809632 was registered on 06 Nov 2023.

    06 Nov 2023

  • Director Appointment

    Ashok Kacker was appointed as a Director was appointed as a Director on 06 Nov 2021 & has been associated with this company since 3 years 2 months .

    06 Nov 2021

  • Director Appointment

    Akshay Gupta was appointed as a Managing Director was appointed as a Managing Director on 13 Aug 2018 & has been associated with this company since 6 years 5 months .

    13 Aug 2018

Frequently asked questions

  • Prime Research And Advisory Limited was incorporated on 03 Mar 1993.

  • The authorized share capital of Prime Research And Advisory Limited is ₹ 2.50 Cr and paid-up capital is ₹ 1.35 Cr.

  • Currently 4 directors are associated with Prime Research And Advisory Limited.

    • Jayakumar Narayanswami
    • Akshay Gupta
    • Ashok Kacker
    • Sarthak Behuria
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prime Research And Advisory Limited is 1109/1110 Maker Chambers V Nariman Point, India, Mumbai, Maharashtra, 400021.

  • The corporate identification number (CIN) of Prime Research And Advisory Limited is U65990MH1993PLC071007 and the company number is 071007 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prime Research And Advisory Limited is https://www.primesec.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prime Research And Advisory Limited has risen by 55.69%.

  • As Per 2023 financial reports, 3 employees are currently employed by Prime Research And Advisory Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prime Research And Advisory Limited has experienced an upsurge of 16.56%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prime Research And Advisory Limited amount to ₹ 2.70 M.

  • The most recent Balance Sheet for Prime Research And Advisory Limited was filed with the ROC on 31 Mar 2024.

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