Primesoft Ip Solutions Private Limited

Founded in 2006 and headquartered in Telangana, India.

2006 | Hyderabad, Telangana (India) | Active
Last Updated: November 13, 2024

Primesoft Ip Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.10 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 18 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 15.50 Cr
  • Satisfied Charges ₹ 7.00 M
  • Revenue Growth 21.57%
  • Profit Growth -14.62%
  • Ebitda -10.53%
  • Net Worth 12.26%
  • Total Assets 1.98%

About Primesoft Ip Solutions

Primesoft Ip Solutions Private Limited (PISPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 May 2006 and has a history of 18 years and eight months. Its registered office is in Hyderabad, Telangana, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.10 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹15.50 Cr. The company has closed loans amounting to ₹7.00 M, as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72211TG2006PTC050122

  • Company No.

    050122

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 May 2006

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

What products or services does Primesoft Ip Solutions Private Limited offer?

Primesoft Ip Solutions Private Limited offers a wide range of products and services, including Industrial PC, Embedded Systems, Network Maintenance Services, Network Security Services, Product Prototyping Services, Product Engineering Service, Application Development Service, Custom Application Development.

Who are the key members and board of directors at Primesoft Ip Solutions?

Board Members (2)

Name Designation Appointment Date Status
Ramakrishnan Prabhaker Country flag representing Ca Director 12-May-2006 Current
Chinnaswami Ganesan Country flag representing In Director 12-May-2006 Current

Financial Performance of Primesoft Ip Solutions.

Primesoft Ip Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.57% increase. The company also saw a substantial fall in profitability, with a 14.62% decrease in profit. The company's net worth Soared by an impressive increase of 12.26%.

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
21.57%
Revenue from Operations
22.44%
Total Assets
1.98%
Profit or Loss
-14.62%
Net Worth
12.26%
EBITDA
-10.53%

What is the Ownership and Shareholding Structure of Primesoft Ip Solutions?

In 2023, Primesoft Ip Solutions 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)

Open Charges

₹155.00 M

Satisfied Charges

₹7.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 15.50 Cr

Latest Charge Details

Date Lender Amount Status
09 Dec 2022 Hdfc Bank Limited ₹7.50 Cr Open
26 Feb 2013 Hdfc Bank Limited ₹8.00 Cr Open
08 Feb 2010 Indian Bank ₹7.00 M Satisfied

How Many Employees Work at Primesoft Ip Solutions?

Primesoft Ip Solutions has a workforce of 223 employees as of Nov 13, 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 Primesoft Ip Solutions, 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 Primesoft Ip Solutions'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 Primesoft Ip Solutions

Recent activity within the organization

  • Annual General Meeting

    Primesoft Ip Solutions Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 75.00 M registered on 09 Dec 2022 with Charge ID 100726301 was modified on 22 Jun 2023.

    22 Jun 2023

  • Balance Sheet

    Primesoft Ip Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 75.00 M with Charge ID 100726301 was registered on 09 Dec 2022.

    09 Dec 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 80.00 M registered on 26 Feb 2013 with Charge ID 10407883 was modified on 05 Jun 2018.

    05 Jun 2018

  • Charges

    A charge registered on 08 Feb 2010 via Charge ID 10203123 with Indian Bank was fully satisfied on 16 Mar 2013.

    16 Mar 2013

Frequently asked questions

  • Primesoft Ip Solutions Private Limited was incorporated on 12 May 2006.

  • The authorized share capital of Primesoft Ip Solutions Private Limited is ₹ 1.10 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Primesoft Ip Solutions Private Limited.

    • Ramakrishnan Prabhaker
    • Chinnaswami Ganesan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Primesoft Ip Solutions Private Limited is 7-1-58/5/402 Block No.2A Divya Sakthi Apts Ameerpet, India, Hyderabad, Telangana, 500016.

  • The corporate identification number (CIN) of Primesoft Ip Solutions Private Limited is U72211TG2006PTC050122 and the company number is 050122 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Primesoft Ip Solutions Private Limited is https://www.primesoft.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Primesoft Ip Solutions Private Limited has risen by 21.57%.

  • As Per 2023 financial reports, 223 employees are currently employed by Primesoft Ip Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Primesoft Ip Solutions Private Limited has experienced an upsurge of 12.26%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Primesoft Ip Solutions Private Limited amount to ₹ 15.50 Cr.

  • The most recent Balance Sheet for Primesoft Ip Solutions Private Limited was filed with the ROC on 31 Mar 2023.