Primoris Systems India Private Limited

IT consulting and management services, including business and technical consulting, data solutions, and more.

2015 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 17, 2024

Primoris Systems India Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.15 M
  • Company Age 9 Year, 9 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth -32.11%
  • Profit Growth -80.90%
  • Ebitda 152.25%
  • Net Worth 4.97%
  • Total Assets -10.93%

About Primoris Systems India

Primoris Systems India Private Limited (PSIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 20 April 2015 (Nine years and nine months 17 days old ). Its registered office is in Coimbatore, 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 1.00 M and a paid-up capital of Rs 0.15 M, as per Ministry of Corporate Affairs (MCA) records.

Bakireddy Reddy and Saraswathi Bakireddy serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72300TZ2015PTC021308

  • Company No.

    021308

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Apr 2015

  • Date of AGM

    26 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Information Technology

Who are the key members and board of directors at Primoris Systems India?

Board Members (2)

Name Designation Appointment Date Status
Bakireddy Reddy Country flag representing In Director 11-May-2020 Current
Saraswathi Bakireddy Country flag representing In Director 11-May-2020 Current

Financial Performance of Primoris Systems India.

Primoris Systems India Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 32.11% decrease. The company also saw a substantial fall in profitability, with a 80.9% decrease in profit. The company's net worth moved up by a moderate rise of 4.97%.

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
-32.11%
Revenue from Operations
-26.37%
Total Assets
-10.93%
Profit or Loss
-80.90%
Net Worth
4.97%
EBITDA
152.25%

What is the Ownership and Shareholding Structure of Primoris Systems India?

In 2020, Primoris Systems India had a promoter holding of 66.67% and a public holding of 33.33%. 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 Primoris Systems India?

Primoris Systems India has a workforce of 38 employees as of Apr 06, 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 Primoris Systems India, 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 Primoris Systems India'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 Primoris Systems India

Recent activity within the organization

  • Annual General Meeting

    Primoris Systems India Private Limited last Annual general meeting of members was held on 26 Sep 2022 as per latest MCA records.

    26 Sep 2022

  • Balance Sheet

    Primoris Systems India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Coimbatore.

    31 Mar 2022

  • Director Appointment

    Bakireddy Jayarami Reddy was appointed as a Director was appointed as a Director on 11 May 2020 & has been associated with this company since 4 years 8 months .

    11 May 2020

  • Director Appointment

    Saraswathi Bakireddy was appointed as a Director was appointed as a Director on 11 May 2020 & has been associated with this company since 4 years 8 months .

    11 May 2020

  • Company Incorporation

    Primoris Systems India Private Limited was registered on 20 Apr 2015 with Roc Coimbatore & aged 9 years 9 months as per MCA records.

    20 Apr 2015

Frequently asked questions

  • Primoris Systems India Private Limited was incorporated on 20 Apr 2015.

  • The authorized share capital of Primoris Systems India Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.15 M.

  • Currently 2 directors are associated with Primoris Systems India Private Limited.

    • Bakireddy Jayarami Reddy
    • Saraswathi Bakireddy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Primoris Systems India Private Limited is Tower 1A Third Floor India Land Tech Park Kgisl Infra Sez Chil Sez Road Saravana Mpatti, Coimbatore, Tamil Nadu, 641035.

  • The corporate identification number (CIN) of Primoris Systems India Private Limited is U72300TZ2015PTC021308 and the company number is 021308 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Primoris Systems India Private Limited is https://www.primorissystems.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Primoris Systems India Private Limited has fallen by -32.11%.

  • As Per 2021 financial reports, 38 employees are currently employed by Primoris Systems India Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Primoris Systems India Private Limited has experienced an upsurge of 4.97%.

  • The most recent Balance Sheet for Primoris Systems India Private Limited was filed with the ROC on 31 Mar 2022.

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