Primenet Global Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 16.24 Cr
- Company Age 40 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.18 M
- Satisfied Charges ₹ 300.00 Cr
- Revenue Growth 30.10%
- Profit Growth 12.15%
- Ebitda -1541.95%
- Net Worth 2.64%
- Total Assets -13.75%
About Primenet Global
Primenet Global Private Limited (PGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 December 1984 and has a history of 40 years and one month. Its registered office is in Tarn Taran, Punjab, 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 2024. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 16.24 Cr.
The company currently has active open charges totaling ₹2.18 M. The company has closed loans amounting to ₹300.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Primenet Global Private Limited India is Ramesh Soni as CFO. Sarvesh Sharma, Vijay Kaushik, and Kailash Sharma serve as directors at the Company.
Company Details
- Location
Tarn Taran, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200PB1984PTC053753
- Company No.
019697
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Dec 1984
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
What products or services does Primenet Global Private Limited offer?
Primenet Global Private Limited offers a wide range of products and services, including Road Barriers & Safety, Road Barriers, Router, Cables & Networking Devices, Networking Devices and Equipment, Networking Solutions, Wireless Networking Services, WiFi Router, Speakers,Earphones and Accessories, Raw Speakers, CCTV, Surveillance Systems and Parts.
Who are the key members and board of directors at Primenet Global?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramesh Soni | CFO | 07-May-2021 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sarvesh Sharma  | Director | 19-Sep-2011 | Current |
| Vijay Kaushik | Director | 26-Feb-2007 | Current |
| Kailash Sharma | Director | 18-Oct-2021 | Current |
Financial Performance of Primenet Global.
Primenet Global Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 30.1% increase. The company also saw a substantial improvement in profitability, with a 12.15% increase in profit. The company's net worth moved up by a moderate rise of 2.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Primenet Global?
In 2024, Primenet Global had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Primenet Web Technologies Private LimitedSarvesh Sharma and Kailash Sharma are mutual person
Deo Steel And Mines LlpSarvesh Sharma is a mutual person
- Welter Securities Limited
Sarvesh Sharma and Vijay Kaushik are mutual person
- Prakash Educational Institution
Sarvesh Sharma is a mutual person
- Shail-Kail Buildcon Private Limited
Kailash Sharma is a mutual person
- Prakash Medical Centre
Kailash Sharma is a mutual person
Charges (Loans)
₹0.22 Cr
₹300.00 Cr
Charges Breakdown by Lending Institutions
- Others : 0.22 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Dec 2024 | Others | ₹2.18 M | Open |
| 11 Oct 2018 | Others | ₹30.00 Cr | Satisfied |
| 20 Mar 2018 | Others | ₹5.00 Cr | Satisfied |
| 16 Feb 2018 | Others | ₹250.00 Cr | Satisfied |
| 02 Jun 2017 | Vijaya Bank | ₹1.28 M | Satisfied |
How Many Employees Work at Primenet Global?
Primenet Global has a workforce of 76 employees as of Feb 14, 2025. 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 Primenet Global, 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 Primenet Global'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.
