Prime Rigs Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 4.73 M
- Company Age 29 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.32 M
- Revenue Growth 2.75%
- Profit Growth -59.76%
- Ebitda -107.89%
- Net Worth 22.43%
- Total Assets 20.15%
About Prime Rigs
Prime Rigs Limited (PRL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 May 1995 and has a history of 29 years and nine months. Its registered office is in Delhi, India.
The Corporate was formerly known as Pci Drilling Equipment Limited. The Company is engaged in the Machinery And Equipment 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 5.00 M and a paid-up capital of Rs 4.73 M.
The company currently has active open charges totaling ₹5.32 M.
The Key Managerial Personnel (KMP) at Prime Rigs Limited India is Venkatesh Sundaragiri as CEO. Surinder Mehta, Archna Mehta, Rohan Mehta, and Two other members serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29100DL1995PLC068048
- Company No.
068048
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
01 May 1995
- Date of AGM
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
What products or services does Prime Rigs Limited offer?
Prime Rigs Limited offers a wide range of products and services, including Drilling & Boring Equipment, Drilling Rigs, Drilling Bits, Collets and Chucks, Rock Drill Bits, Drilling Equipment, Air Compressors, Accessories & Parts, Air Compressors, Earth Auger, Farming Tools, Equipment & Machines, Agricultural Machinery.
Who are the key members and board of directors at Prime Rigs?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Venkatesh Sundaragiri | CEO | 01-Jan-2022 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rohan Mehta  | Director | 20-Jun-2007 | Current |
| Surinder Mehta | Director | 01-May-1995 | Current |
| Archna Mehta | Director | 01-May-1995 | Current |
| Abhijeet Prakash | Director | 23-Aug-2021 | Current |
| Venkatesh Sundaragiri | Director | 23-Aug-2021 | Current |
Financial Performance of Prime Rigs.
Prime Rigs Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.75% increase. The company also saw a substantial fall in profitability, with a 59.76% decrease in profit. The company's net worth Soared by an impressive increase of 22.43%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Prime Rigs?
In 2023, Prime Rigs had a promoter holding of 78.64% and a public holding of 21.36%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Prime Hitech Engineering LimitedSurinder Mehta and Rohan Mehta are mutual person
Prime Harness Systems Private LimitedRohan Mehta is a mutual person
Planet Pci Infotech LimitedSurinder Mehta, Archna Mehta and 2 more are mutual person
Pci LimitedSurinder Mehta, Archna Mehta and 1 more are mutual person
Endoprime Healthcare India Private LimitedSurinder Mehta, Archna Mehta and 1 more are mutual person
Endolite India LimitedSurinder Mehta and Rohan Mehta are mutual person
Charges (Loans)
₹5.32 M
₹0
Charges Breakdown by Lending Institutions
- Others : 0.53 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Dec 2019 | Others | ₹2.66 M | Open |
| 28 Nov 2019 | Others | ₹2.66 M | Open |
How Many Employees Work at Prime Rigs?
Prime Rigs has a workforce of 23 employees as of Mar 27, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Prime Rigs, 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 Rigs's trajectory.
Rating
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
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.
