Prime Securities Limited

Provides investment banking and corporate advisory services, specializing in strategic and financial decisions and transactions.

1982 | Mumbai, Maharashtra (India) | Active
Last Updated:

Prime Securities Profile

Key Indicators

  • Authorised Capital ₹ 35.50 Cr
  • Paid Up Capital ₹ 16.81 Cr
  • Company Age 43 Year,
  • Last Filing with ROC 31 Mar 2024
  • 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 43 years. 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 Private Limited. The Company is engaged in the Business Outsourcing 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 35.50 Cr and a paid-up capital of Rs 16.81 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. Ashok Kacker, Smeeta Bhatkal, Mayank Malik, 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

  • CIN/LLPIN

    L67120MH1982PLC026724

  • Company No.

    026724

  • Stock Symbol

    BSE : 500337 NSE : PRIMESECU

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Mar 1982

  • Date of AGM

    27 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Business Outsourcing
Financial Services
Company report

Prime Securities Limited

Explore comprehensive data for Prime Securities Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Prime Securities?

Executive Team (3)

NameDesignationAppointment DateStatus
Jayakumar Narayanswami Country flag representing In Managing Director12-Feb-2011Current
Ajay Shah Country flag representing In Company Secretary24-Jul-2001Current
Arun Shah CFO04-Apr-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Akshay Gupta Country flag representing In Whole-Time Director 14-Aug-2019Current
Ashok Kacker Country flag representing In Director 27-Sep-2022Current
Smeeta Bhatkal Country flag representing In Director 13-Jun-2023Current
Mayank Malik Country flag representing In Director 13-Jun-2023Current
Sujit Varma Country flag representing In Director 27-Sep-2022Current

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%.

Prime Securities revenue growth over time
Prime Securities 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
-15.82%
Revenue from Operations
-29.31%
Total Assets
10.26%
Profit or Loss
-45.35%
Net Worth
11.72%
EBITDA
-61.85%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.69 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
11 Oct 1994Uti Bank Ltd₹4.11 CrOpen
04 Apr 1994The Federal Bank Ltd₹5.00 CrOpen
27 Mar 1992The Federal Bank Ltd₹1.65 CrOpen
27 Mar 1992The Federal Bank Ltd₹1.65 CrOpen
12 Dec 1991The Federal Bank Ltd₹6.40 MOpen

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.

Employee growth trends for Prime Securities Limited

Deals i

Graph showing company valuation over time

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

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 Securities

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge registered on 26 Oct 2021 via Charge ID 100492064 with Others was fully satisfied on 17 Nov 2023.

  • Director Appointment

    Smeeta Harsha Bhatkal was appointed as a Director was appointed as a Director on 13 Jun 2023 & has been associated with this company since 1 year 9 months .

  • Director Appointment

    Mayank Madanlal Malik was appointed as a Director was appointed as a Director on 13 Jun 2023 & has been associated with this company since 1 year 9 months .

  • Director Appointment

    Arun Shah was appointed as a Cfo was appointed as a Cfo on 04 Apr 2023 & has been associated with this company since 1 year 11 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Prime Securities Limited?

    Prime Securities Limited was incorporated on 20 Mar 1982.

  • What is authorized share capital and paid-up capital of Prime Securities Limited?

    The authorized share capital of Prime Securities Limited is ₹ 35.50 Cr and paid-up capital is ₹ 16.81 Cr.

  • Who are the current board members & directors of Prime Securities Limited?

    Currently 8 directors are associated with Prime Securities Limited.

    • Ashok Kacker
    • Smeeta Harsha Bhatkal
    • Arun Shah
    • Ajay Jitendra Shah
    • Mayank Madanlal Malik
    • Sujit Kumar Varma
    • Akshay Gupta
    • Jayakumar Narayanswami

  • What is the registered address of Prime Securities Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Prime Securities Limited is 1109/1110 Maker Chambers V Nariman Point, India, Mumbai, Maharashtra, 400021.

  • What is the corporate identification number (CIN) and company number of Prime Securities Limited?

    The corporate identification number (CIN) of Prime Securities Limited is L67120MH1982PLC026724 and the company number is 026724 as per Ministry of Corporate Affairs (MCA).

  • Is Prime Securities Limited registered with any stock exchange in India?

    Yes, Prime Securities Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): PRIMESECU.

  • What is the official website of Prime Securities Limited?

    The Official website of Prime Securities Limited is https://www.primesec.com

  • What has been the recent revenue trend for Prime Securities Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Prime Securities Limited has fallen by -15.82%.

  • How many employees does Prime Securities Limited currently have?

    As Per 2023 financial reports, 12 employees are currently employed by Prime Securities Limited.

  • What change has been observed in the net worth of Prime Securities Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Prime Securities Limited has experienced an upsurge of 11.72%.

  • What are the total open charges for Prime Securities Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Prime Securities Limited amount to ₹ 13.69 Cr.

  • When was the last Balance Sheet of Prime Securities Limited filed with the ROC?

    The most recent Balance Sheet for Prime Securities Limited was filed with the ROC on 31 Mar 2024.

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