Primeco Realty Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 1.00 M
- Company Age 9 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1,246.34 Cr
- Satisfied Charges ₹ 335.92 Cr
- Revenue Growth -16.97%
- Profit Growth -139.49%
- Ebitda 139.16%
- Net Worth -20.84%
- Total Assets 19.61%
About Primeco Realty
Primeco Realty Private Limited (PRPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 April 2015 (Nine years and 11 months 5 days old ). Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Primeco Reality Private 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 5.00 Cr and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹1,246.34 Cr. The company has closed loans amounting to ₹335.92 Cr, as per Ministry of Corporate Affairs (MCA) records.
Jayarama Reddy, Shamanna Reddy, and Nina Reddy serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U70100KA2015PTC079923
- Company No.
079923
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Apr 2015
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Financial Services
Real Estate and Construction
Who are the key members and board of directors at Primeco Realty?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jayarama Reddy  | Director | 23-Apr-2015 | Current |
| Shamanna Reddy | Director | 23-Apr-2015 | Current |
| Nina Reddy | Additional Director | 07-Apr-2021 | Current |
Financial Performance of Primeco Realty.
Primeco Realty Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.97% decrease. The company also saw a substantial fall in profitability, with a 139.49% decrease in profit. The company's net worth observed a substantial decline by a decrease of 20.84%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Primeco Realty?
In 2023, Primeco Realty had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sjr Prime Spectrum Private LimitedJayarama Reddy and Shamanna Reddy are mutual person
Sjr Prime Corporation Private LimitedJayarama Reddy and Shamanna Reddy are mutual person
S.J.R. Infrastructure Private LimitedJayarama Reddy and Shamanna Reddy are mutual person
Primecorp Hospitality LlpJayarama Reddy is a mutual person
Primecorp Realty Private LimitedJayarama Reddy and Shamanna Reddy are mutual person
Raja Symphonye Housing Private LimitedJayarama Reddy and Shamanna Reddy are mutual person
Charges (Loans)
Open Charges
₹1,246.34 Cr
Satisfied Charges
₹335.92 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 586.34 Cr
- Others : 450.00 Cr
- Hdfc Bank Limited : 120.00 Cr
- Karnataka Bank Ltd. : 90.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Sep 2024 | Hdfc Bank Limited | ₹120.00 Cr | Open |
| 28 Sep 2022 | Axis Bank Limited | ₹246.84 Cr | Open |
| 29 Apr 2022 | Axis Bank Limited | ₹261.00 Cr | Open |
| 21 Jun 2021 | Karnataka Bank Ltd. | ₹90.00 Cr | Open |
| 03 Feb 2021 | Axis Bank Limited | ₹78.50 Cr | Open |
How Many Employees Work at Primeco Realty?
Primeco Realty has a workforce of 3 employees as of Apr 06, 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 Primeco Realty, 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 Primeco Realty'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.
Latest Updates, News, and FAQs on Primeco Realty
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited of Rs. 120.00 Cr registered on 24 Sep 2024 with Charge ID 100981449 was modified on 25 Sep 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 120.00 Cr with Charge ID 100981449 was registered on 24 Sep 2024.
- Charges
A charge registered on 02 Mar 2017 via Charge ID 100098084 with Others was fully satisfied on 09 Jul 2024.
- Charges
A charge with Axis Bank Limited of Rs. 246.84 Cr registered on 28 Sep 2022 with Charge ID 100614457 was modified on 12 Jan 2024.
- Annual General Meeting
Primeco Realty Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Primeco Realty Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Frequently asked questions
What is the Incorporation or founding date of Primeco Realty Private Limited?
Primeco Realty Private Limited was incorporated on 23 Apr 2015.
What is authorized share capital and paid-up capital of Primeco Realty Private Limited?
The authorized share capital of Primeco Realty Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.00 M.
Who are the current board members & directors of Primeco Realty Private Limited?
Currently 3 directors are associated with Primeco Realty Private Limited.
- Jayarama Vijay Reddy
- Shamanna Jayarama Reddy
- Nina Reddy
What is the registered address of Primeco Realty Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Primeco Realty Private Limited is 'The Hub' S.Y. No. 8/2 Sarjapur Road Ambalipura Village Varthur Hobli, East India, Bangalore, Karnataka, 560102.
What is the corporate identification number (CIN) and company number of Primeco Realty Private Limited?
The corporate identification number (CIN) of Primeco Realty Private Limited is U70100KA2015PTC079923 and the company number is 079923 as per Ministry of Corporate Affairs (MCA).
What is the official website of Primeco Realty Private Limited?
The Official website of Primeco Realty Private Limited is https://www.primecorp.co
What has been the recent revenue trend for Primeco Realty Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Primeco Realty Private Limited has fallen by -16.97%.
How many employees does Primeco Realty Private Limited currently have?
As Per 2023 financial reports, 3 employees are currently employed by Primeco Realty Private Limited.
What change has been observed in the net worth of Primeco Realty Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Primeco Realty Private Limited has experienced an downturn of -20.84%.
What are the total open charges for Primeco Realty Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Primeco Realty Private Limited amount to ₹ 1,246.34 Cr.
When was the last Balance Sheet of Primeco Realty Private Limited filed with the ROC?
The most recent Balance Sheet for Primeco Realty Private Limited was filed with the ROC on 31 Mar 2023.