Primus Commercials Private Limited

Sells ACs, coolers, TVs, washing machines, and FMCG products including food items since 2010 in Indore.

2010 | Indore, Madhya Pradesh (India) | Active
Last Updated: November 16, 2024

Primus Commercials Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 3.25 M
  • Company Age 14 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.08 Cr
  • Satisfied Charges ₹ 1.32 Cr
  • Revenue Growth 29.06%
  • Profit Growth 45.30%
  • Ebitda 12.08%
  • Net Worth 10.99%
  • Total Assets 10.44%

About Primus Commercials

Primus Commercials Private Limited (PCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 February 2010 and has a history of 14 years and 11 months. Its registered office is in Indore, Madhya Pradesh, India.

The Company is engaged in the Food And Beverages 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 4.00 M and a paid-up capital of Rs 3.25 M.

The company currently has active open charges totaling ₹8.08 Cr. The company has closed loans amounting to ₹1.32 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sanjay Mungad, Nikhar Maheshwari, Tushar Maheshwari, and One other member serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51395MP2010PTC023062

  • Company No.

    023062

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Feb 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Food and Beverages
Energy and Power
Consumer Electronics & Durables

Who are the key members and board of directors at Primus Commercials?

Board Members (4)

NameDesignationAppointment DateStatus
Nikhar Maheshwari Country flag representing In Director 10-Feb-2010Current
Sanjay Mungad Country flag representing In Director 10-Feb-2010Current
Tushar Maheshwari Country flag representing In Director 20-Mar-2018Current
Naushad Khan Country flag representing In Director 20-Sep-2017Current

Financial Performance of Primus Commercials.

Primus Commercials Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.06% increase. The company also saw a substantial improvement in profitability, with a 45.3% increase in profit. The company's net worth Soared by an impressive increase of 10.99%.

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
29.06%
Revenue from Operations
28.39%
Total Assets
10.44%
Profit or Loss
45.30%
Net Worth
10.99%
EBITDA
12.08%

What is the Ownership and Shareholding Structure of Primus Commercials?

In 2023, Primus Commercials 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

₹80.79 M

Satisfied Charges

₹13.22 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 4.62 Cr
  • State Bank Of India : 3.27 Cr
  • Others : 0.13 Cr
  • City Union Bank Limited : 0.06 Cr

Latest Charge Details

DateLenderAmountStatus
30 Apr 2023Others₹1.30 MOpen
06 Dec 2017State Bank Of India₹3.27 CrOpen
06 Oct 2017Hdfc Bank Limited₹4.62 CrOpen
23 Dec 2015City Union Bank Limited₹0.59 MOpen
30 Nov 2013City Union Bank Limited₹0.22 MSatisfied

How Many Employees Work at Primus Commercials?

Primus Commercials has a workforce of 0 employees as of Mar 31, 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 Primus Commercials, 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 Primus Commercials'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 Primus Commercials

Recent activity within the organization

  • Annual General Meeting

    Primus Commercials Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 46.20 M registered on 06 Oct 2017 with Charge ID 100132311 was modified on 16 Jul 2024.

    16 Jul 2024

  • Balance Sheet

    Primus Commercials Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 32.70 M registered on 06 Dec 2017 with Charge ID 100153121 was modified on 08 Aug 2023.

    08 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 1.30 M with Charge ID 100719697 was registered on 30 Apr 2023.

    30 Apr 2023

  • Director Appointment

    Tushar Maheshwari was appointed as a Director was appointed as a Director on 20 Mar 2018 & has been associated with this company since 6 years 10 months .

    20 Mar 2018

Frequently asked questions

  • Primus Commercials Private Limited was incorporated on 10 Feb 2010.

  • The authorized share capital of Primus Commercials Private Limited is ₹ 4.00 M and paid-up capital is ₹ 3.25 M.

  • Currently 4 directors are associated with Primus Commercials Private Limited.

    • Sanjay Kumar Mungad
    • Nikhar Pitamber Maheshwari
    • Tushar Maheshwari
    • Naushad Khan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Primus Commercials Private Limited is 171, Goyal Nagar Kanadia Road India, Indore, Madhya Pradesh, 452018.

  • The corporate identification number (CIN) of Primus Commercials Private Limited is U51395MP2010PTC023062 and the company number is 023062 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Primus Commercials Private Limited has risen by 29.06%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Primus Commercials Private Limited has experienced an upsurge of 10.99%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Primus Commercials Private Limited amount to ₹ 8.08 Cr.

  • The most recent Balance Sheet for Primus Commercials Private Limited was filed with the ROC on 31 Mar 2024.