Primus Global Solutions Private Limited

IT consulting firm providing solutions, strategy consulting, and product development for various industries.

2004 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated: October 23, 2024

Primus Global Solutions Profile

Key Indicators

  • Authorised Capital ₹ 22.00 Cr
  • Paid Up Capital ₹ 19.28 Cr
  • Company Age 20 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 18.79 Cr
  • Satisfied Charges ₹ 19.84 Cr
  • Revenue Growth 18.74%
  • Profit Growth -2.10%
  • Ebitda -103.51%
  • Net Worth 40.04%
  • Total Assets 41.63%

About Primus Global Solutions

Primus Global Solutions Private Limited (PGSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 November 2004 and has a history of 20 years and two months. Its registered office is in Visakhapatnam, Andhra Pradesh, India.

The Company is engaged in the Business Outsourcing 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 22.00 Cr and a paid-up capital of Rs 19.28 Cr.

The company currently has active open charges totaling ₹18.79 Cr. The company has closed loans amounting to ₹19.84 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Primus Global Solutions Private Limited India is Bindhu Kilari as COMPANY SECRETARY. Kusuma Kilaru, Anil Kilaru, and Sunil Kilaru serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74200AP2004PTC044551

  • Company No.

    044551

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Nov 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Business Outsourcing
Information Technology

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

Executive Team (1)

NameDesignationAppointment DateStatus
Bindhu Kilari Company Secretary01-Jan-2022Current

Board Members (3)

NameDesignationAppointment DateStatus
Sunil Kilaru Country flag representing In Director 18-Jul-2008Current
Kusuma Kilaru Country flag representing In Director 04-Nov-2004Current
Anil Kilaru Country flag representing In Director 18-Jul-2008Current

Financial Performance of Primus Global Solutions.

Primus Global Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.74% increase. The company also saw a slight decrease in profitability, with a 2.1% decrease in profit. The company's net worth Soared by an impressive increase of 40.04%.

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
18.74%
Revenue from Operations
19.49%
Total Assets
41.63%
Profit or Loss
-2.10%
Net Worth
40.04%
EBITDA
-103.51%

What is the Ownership and Shareholding Structure of Primus Global Solutions?

In 2023, Primus Global Solutions had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹18.79 Cr

Satisfied Charges

₹19.84 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 18.79 Cr

Latest Charge Details

DateLenderAmountStatus
19 Jul 2022Hdfc Bank Limited₹1.02 MOpen
05 Feb 2020Hdfc Bank Limited₹18.68 CrOpen
01 Aug 2019Others₹10.00 CrSatisfied
28 Jan 2011Corporation Bank₹2.84 CrSatisfied
29 Sep 2010Others₹7.00 CrSatisfied

How Many Employees Work at Primus Global Solutions?

Primus Global Solutions has a workforce of 19 employees as of Apr 05, 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 Global 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 Primus Global 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 Primus Global Solutions

Recent activity within the organization

  • Annual General Meeting

    Primus Global Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Primus Global Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100597537 was registered on 19 Jul 2022.

    19 Jul 2022

  • Director Appointment

    Bindhu Kilari was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jan 2022 & has been associated with this company since 3 years 30 days .

    01 Jan 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 18.68 Cr registered on 05 Feb 2020 with Charge ID 100326417 was modified on 03 Dec 2021.

    03 Dec 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 18.68 Cr with Charge ID 100326417 was registered on 05 Feb 2020.

    05 Feb 2020

Recent News, Updates & Announcement

Frequently asked questions

  • Primus Global Solutions Private Limited was incorporated on 04 Nov 2004.

  • The authorized share capital of Primus Global Solutions Private Limited is ₹ 22.00 Cr and paid-up capital is ₹ 19.28 Cr.

  • Currently 4 directors are associated with Primus Global Solutions Private Limited.

    • Kusuma Mohan Rao Kilaru
    • Anil Kilaru
    • Sunil Kilaru
    • Bindhu Kilari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Primus Global Solutions Private Limited is Office No.3 3Rd Floor Vuda Shopping Complex Tpt Colony Bs Layout Seethammadhara, India, Visakhapatnam, Andhra Pradesh, 530013.

  • The corporate identification number (CIN) of Primus Global Solutions Private Limited is U74200AP2004PTC044551 and the company number is 044551 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Primus Global Solutions Private Limited is https://www.primusglobal.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Primus Global Solutions Private Limited has risen by 18.74%.

  • As Per 2023 financial reports, 19 employees are currently employed by Primus Global Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Primus Global Solutions Private Limited has experienced an upsurge of 40.04%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Primus Global Solutions Private Limited amount to ₹ 18.79 Cr.

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

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