Primesource Global Services Private Limited
Provides systems integration, maintenance, and IT software services since 2016, based in Hyderabad.
2016 | Hyderabad, Telangana (India) | Active
Primesource Global Services Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.10 M
- Company Age 8 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 14.03%
- Profit Growth 65.38%
- Ebitda 17.52%
- Net Worth 24.49%
- Total Assets 29.38%
About Primesource Global Services
Primesource Global Services Private Limited (PGSPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 September 2016 (Eight years and five months 12 days old ). 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.
Madhava Velaga and Bhavani Velaga serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72900TG2016PTC112246
- Company No.
112246
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Sep 2016
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Information Technology
Primesource Global Services Private Limited
Explore comprehensive data for Primesource Global Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Primesource Global Services?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Madhava Velaga  | Director | 30-Sep-2016 | Current |
| Bhavani Velaga | Director | 05-Nov-2019 | Current |
Financial Performance of Primesource Global Services.
Primesource Global Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.03% increase. The company also saw a substantial improvement in profitability, with a 65.38% increase in profit. The company's net worth Soared by an impressive increase of 24.49%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Primesource Global Services?
Unlock access to Primesource Global Services's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Related Corporates (Common Directorship)
Premier Amaravati Ventures India Private LimitedMadhava Velaga is a mutual person
Premier Info City Private LimitedMadhava Velaga and Bhavani Velaga are mutual person
- Sri Ramachandra Spintech Private Limited
Madhava Velaga and Bhavani Velaga are mutual person
- Bhavika Ventures Private Limited
Madhava Velaga is a mutual person
- Nemo Software Private Limited
Madhava Velaga and Bhavani Velaga are mutual person
- Vyzer Software Private Limited
Bhavani Velaga is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Primesource Global Services?
Primesource Global Services has a workforce of 36 employees as of Apr 07, 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 Primesource Global Services, 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 Primesource Global Services'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 Primesource Global Services
Recent activity within the organization
- Annual General Meeting
Primesource Global Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Primesource Global Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Director Appointment
Bhavani Velaga was appointed as a Director was appointed as a Director on 05 Nov 2019 & has been associated with this company since 5 years 4 months .
- Director Appointment
Madhava Rao Velaga was appointed as a Director was appointed as a Director on 30 Sep 2016 & has been associated with this company since 8 years 5 months .
- Company Incorporation
Primesource Global Services Private Limited was registered on 30 Sep 2016 with Roc Hyderabad & aged 8 years 5 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Primesource Global Services Private Limited?
Primesource Global Services Private Limited was incorporated on 30 Sep 2016.
What is authorized share capital and paid-up capital of Primesource Global Services Private Limited?
The authorized share capital of Primesource Global Services Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Primesource Global Services Private Limited?
Currently 2 directors are associated with Primesource Global Services Private Limited.
- Madhava Rao Velaga
- Bhavani Velaga
What is the registered address of Primesource Global Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Primesource Global Services Private Limited is 8-2-293/82/A/471/1/3F-2 Plot No.471 Road No.36 Jubilee Hills, India, Hyderabad, Telangana, 500033.
What is the corporate identification number (CIN) and company number of Primesource Global Services Private Limited?
The corporate identification number (CIN) of Primesource Global Services Private Limited is U72900TG2016PTC112246 and the company number is 112246 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Primesource Global Services Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Primesource Global Services Private Limited has risen by 14.03%.
How many employees does Primesource Global Services Private Limited currently have?
As Per 2023 financial reports, 36 employees are currently employed by Primesource Global Services Private Limited.
What change has been observed in the net worth of Primesource Global Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Primesource Global Services Private Limited has experienced an upsurge of 24.49%.
When was the last Balance Sheet of Primesource Global Services Private Limited filed with the ROC?
The most recent Balance Sheet for Primesource Global Services Private Limited was filed with the ROC on 31 Mar 2024.
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