Prime Securities Profile
Key Indicators
- Authorised Capital ₹ 35.50 Cr
- Paid Up Capital ₹ 16.77 Cr
- Company Age 42 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 13.69 Cr
- Satisfied Charges ₹ 6.30 Cr
- Revenue Growth -15.82%
- Profit Growth -45.35%
- Ebitda -61.85%
- Net Worth 11.72%
- Total Assets 10.26%
About Prime Securities
Prime Securities Limited (PSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 March 1982 and has a history of 42 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500337 and on the National Stock Exchange(NSE) under PRIMESECU.
The Corporate was formerly known as Suvibha Investment Company Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 35.50 Cr and a paid-up capital of Rs 16.77 Cr.
The company currently has active open charges totaling ₹13.69 Cr. The company has closed loans amounting to ₹6.30 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Prime Securities Limited India are Arun Shah as CFO and Ajay Shah as Company Secretary. Jayakumar Narayanswami, Akshay Gupta, Ashok Kacker, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
Who are the key members and board of directors at Prime Securities?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jayakumar Narayanswami  | Managing Director | 12-Feb-2011 | Current |
| Ajay Shah | Company Secretary | 24-Jul-2001 | Current |
| Arun Shah | CFO | 22-Mar-2023 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Akshay Gupta | Whole-Time Director | 14-Aug-2019 | Current |
| Ashok Kacker | Director | 27-Sep-2022 | Current |
| Smeeta Bhatkal | Director | 13-Jun-2023 | Current |
| Sujit Varma | Director | 27-Sep-2022 | Current |
| Mayank Malik | Director | 13-Jun-2023 | Current |
Financial Performance of Prime Securities.
Prime Securities Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.82% decrease. The company also saw a substantial fall in profitability, with a 45.35% decrease in profit. The company's net worth Soared by an impressive increase of 11.72%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Prime Securities?
In 2023, Prime Securities had a public holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
₹13.69 Cr
₹6.30 Cr
Charges Breakdown by Lending Institutions
- The Federal Bank Ltd : 6.65 Cr
- Uti Bank Ltd : 4.11 Cr
- The Federal Bank Ltd : 2.93 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Oct 1994 | Uti Bank Ltd | ₹4.11 Cr | Open |
| 04 Apr 1994 | The Federal Bank Ltd | ₹5.00 Cr | Open |
| 27 Mar 1992 | The Federal Bank Ltd | ₹1.65 Cr | Open |
| 27 Mar 1992 | The Federal Bank Ltd | ₹1.65 Cr | Open |
| 12 Dec 1991 | The Federal Bank Ltd | ₹6.40 M | Open |
How Many Employees Work at Prime Securities?
Prime Securities has a workforce of 12 employees as of Mar 31, 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 Securities, 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 Securities'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.
