Primefinity Software Private Limited

Designing and developing software applications since 2014.

2014 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 22, 2024

Primefinity Software Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 10 Year, 1 Month
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth -65.46%
  • Profit Growth -281.28%
  • Ebitda -243.69%
  • Net Worth -68.98%
  • Total Assets -49.34%

About Primefinity Software

Primefinity Software Private Limited (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 December 2014 and has a history of Ten years and one month. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Subodh Hegde, Naveen Arora, Karthik Vaidynathan, and Three other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65923TN2014PTC098592

  • Company No.

    098592

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Dec 2014

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

Who are the key members and board of directors at Primefinity Software?

Board Members (6)

Name Designation Appointment Date Status
Ramanathan Swaminathan Country flag representing In Director 26-Dec-2014 Current
Subodh Hegde Country flag representing In Director 21-Jun-2019 Current
Naveen Arora Country flag representing In Director 21-Jun-2019 Current
Karthik Vaidynathan Country flag representing In Director 26-Dec-2014 Current
Manikandan Uma Country flag representing In Whole-Time Director 29-Nov-2016 Current
Ajay Gupta Country flag representing In Director 04-Mar-2024 Current

Financial Performance of Primefinity Software.

Primefinity Software Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 65.46% decrease. The company also saw a substantial fall in profitability, with a 281.28% decrease in profit. The company's net worth observed a substantial decline by a decrease of 68.98%.

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
-65.46%
Revenue from Operations
-66.67%
Total Assets
-49.34%
Profit or Loss
-281.28%
Net Worth
-68.98%
EBITDA
-243.69%

What is the Ownership and Shareholding Structure of Primefinity Software?

In 2022, Primefinity Software 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Primefinity Software?

Primefinity Software has a workforce of 2 employees as of Apr 04, 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 Primefinity Software, 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 Primefinity Software'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 Primefinity Software

Recent activity within the organization

  • Director Appointment

    Ajay Gupta was appointed as a Director was appointed as a Director on 04 Mar 2024 & has been associated with this company since 11 months 7 days .

    04 Mar 2024

  • Annual General Meeting

    Primefinity Software Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Primefinity Software Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.

    31 Mar 2022

  • Director Appointment

    Subodh Karunakar Hegde was appointed as a Director was appointed as a Director on 21 Jun 2019 & has been associated with this company since 5 years 7 months .

    21 Jun 2019

  • Director Appointment

    Naveen Kumar Arora was appointed as a Director was appointed as a Director on 21 Jun 2019 & has been associated with this company since 5 years 7 months .

    21 Jun 2019

  • Director Appointment

    Manikandan Uma was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 29 Nov 2016 & has been associated with this company since 8 years 2 months .

    29 Nov 2016

Frequently asked questions

  • Primefinity Software Private Limited was incorporated on 26 Dec 2014.

  • The authorized share capital of Primefinity Software Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 6 directors are associated with Primefinity Software Private Limited.

    • Subodh Karunakar Hegde
    • Naveen Kumar Arora
    • Karthik Vaidynathan
    • Ramanathan Swaminathan
    • Manikandan Uma
    • Ajay Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Primefinity Software Private Limited is No 35A/80 3Rd Floor Manickam Lane Mount Road, Guindy India, Chennai, Tamil Nadu, 600032.

  • The corporate identification number (CIN) of Primefinity Software Private Limited is U65923TN2014PTC098592 and the company number is 098592 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Primefinity Software Private Limited is https://www.primefinity.com.sg

  • According to the financial reports for the fiscal year 2022, the revenue trend for Primefinity Software Private Limited has fallen by -65.46%.

  • As Per 2022 financial reports, 2 employees are currently employed by Primefinity Software Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Primefinity Software Private Limited has experienced an downturn of -68.98%.

  • The most recent Balance Sheet for Primefinity Software Private Limited was filed with the ROC on 31 Mar 2022.

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