Primo Automation Systems Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.76 Cr
- Company Age 24 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 21.86 Cr
- Satisfied Charges ₹ 89.35 Cr
- Revenue Growth 38.05%
- Profit Growth 196.14%
- Ebitda 28.47%
- Net Worth 55.22%
- Total Assets 43.33%
About Primo Automation Systems
Primo Automation Systems Private Limited (PASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 March 2000 and has a history of 24 years and ten months. Its registered office is in Kanchipuram, Tamil Nadu, India.
The Company is engaged in the Machinery And Equipment 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 2.00 Cr and a paid-up capital of Rs 1.76 Cr.
The company currently has active open charges totaling ₹21.86 Cr. The company has closed loans amounting to ₹89.35 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajagopalan Panchabi, Chokalingam Balasubramanian, and Balasubramnian Ashwinkarthik serve as directors at the Company.
Company Details
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Location
Kanchipuram, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U28999TN2000PTC044497
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Company No.
044497
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
24 Mar 2000
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
What products or services does Primo Automation Systems Private Limited offer?
Primo Automation Systems Private Limited offers a wide range of products and services, including Drilling & Boring Equipment, Industrial Drilling Machine, Welding Equipments & Machinery, Electric Welding Machine, Welding Machine Parts, Beam Welder, Welding Rotator, Drills, Grinders, Saws & Power Tools, Bench Heavy Duty Drill, Material Handling Machines & Systems.
Who are the key members and board of directors at Primo Automation Systems?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajagopalan Panchabi
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Managing Director | 24-Mar-2000 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Chokalingam Balasubramanian
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Director | 24-Mar-2000 | Current |
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Balasubramnian Ashwinkarthik
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Director | 22-Dec-2017 | Current |
Financial Performance of Primo Automation Systems.
Primo Automation Systems Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 38.05% increase. The company also saw a substantial improvement in profitability, with a 196.14% increase in profit. The company's net worth Soared by an impressive increase of 55.22%.
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What is the Ownership and Shareholding Structure of Primo Automation Systems?
In 2024, Primo Automation Systems had a promoter holding of 99.96% and a public holding of 0.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹21.86 Cr
₹89.35 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 21.30 Cr
- Hdfc Bank Limited : 0.56 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Apr 2024 | Axis Bank Limited | ₹21.30 Cr | Open |
| 20 Dec 2023 | Hdfc Bank Limited | ₹3.10 M | Open |
| 31 Dec 2022 | Hdfc Bank Limited | ₹0.75 M | Open |
| 31 Dec 2022 | Hdfc Bank Limited | ₹0.75 M | Open |
| 04 Jun 2022 | Hdfc Bank Limited | ₹1.00 M | Open |
How Many Employees Work at Primo Automation Systems?
Primo Automation Systems has a workforce of 119 employees as of Dec 20, 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 Primo Automation Systems, 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 Primo Automation Systems'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.
