Primus Remedies Private Limited

Pharmaceutical company manufacturing drugs and medicine, including diabetic supplements and hypertension medication.

2010 | Dombivili, Maharashtra (India) | Active
Last Updated: July 29, 2024

Primus Remedies Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 0.10 M
  • Company Age 15 Year, 2 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11.19 Cr
  • Satisfied Charges ₹ 3.53 M
  • Revenue Growth 20.96%
  • Profit Growth 2.18%
  • Ebitda 7.15%
  • Net Worth 32.30%
  • Total Assets 11.49%

About Primus Remedies

Primus Remedies Private Limited (PRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 February 2010 and has a history of 15 years. Its registered office is in Dombivili, Maharashtra, India.

The Company is engaged in the Pharma 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 4.00 Cr and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹11.19 Cr. The company has closed loans amounting to ₹3.53 M, as per Ministry of Corporate Affairs (MCA) records.

Ajay Narayanam, Swapna Pasupunuri, Sridevi Jonnalagadda, and Five other members serve as directors at the Company.

Company Details

  • Location

    Dombivili, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    primusremedies.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24232MH2010PTC200506

  • Company No.

    200506

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Feb 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Pharma

What products or services does Primus Remedies Private Limited offer?

Primus Remedies Private Limited offers a wide range of products and services, including Diabetic Medicines, Vitamins, Minerals & Antioxidants, Ayurveda Products, Natural Hair & Skin Care.

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

Financial Performance of Primus Remedies.

Primus Remedies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.96% increase. The company also saw a slight improvement in profitability, with a 2.18% increase in profit. The company's net worth Soared by an impressive increase of 32.3%.

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
20.96%
Revenue from Operations
20.95%
Total Assets
11.49%
Profit or Loss
2.18%
Net Worth
32.30%
EBITDA
7.15%

What is the Ownership and Shareholding Structure of Primus Remedies?

In 2023, Primus Remedies 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

₹11.19 Cr

Satisfied Charges

₹0.35 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 11.19 Cr

Latest Charge Details

DateLenderAmountStatus
03 Nov 2021Axis Bank Limited₹4.45 MOpen
18 Oct 2021Axis Bank Limited₹2.40 MOpen
25 Oct 2019Axis Bank Limited₹9.75 CrOpen
29 Feb 2016Axis Bank Limited₹7.50 MOpen
07 Sep 2020Axis Bank Limited₹3.53 MSatisfied

How Many Employees Work at Primus Remedies?

Primus Remedies has a workforce of 292 employees as of Mar 30, 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 Remedies, 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 Remedies'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 Remedies

Recent activity within the organization

  • Charges

    A charge registered on 07 Sep 2020 via Charge ID 100373610 with Axis Bank Limited was fully satisfied on 12 Feb 2024.

    12 Feb 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 9.75 Cr registered on 25 Oct 2019 with Charge ID 100301053 was modified on 02 Feb 2024.

    02 Feb 2024

  • Annual General Meeting

    Primus Remedies 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 Remedies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Jonnalagadda Venkata Nagendraprasad was appointed as a Director was appointed as a Director on 03 Jun 2022 & has been associated with this company since 2 years 8 months .

    03 Jun 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.45 Cr with Charge ID 100522170 was registered on 03 Nov 2021.

    03 Nov 2021

Frequently asked questions

  • What is the Incorporation or founding date of Primus Remedies Private Limited?

    Primus Remedies Private Limited was incorporated on 26 Feb 2010.

  • What is authorized share capital and paid-up capital of Primus Remedies Private Limited?

    The authorized share capital of Primus Remedies Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Primus Remedies Private Limited?

    Currently 8 directors are associated with Primus Remedies Private Limited.

    • Ajay Babu Narayanam
    • Swapna Pasupunuri
    • Sridevi Jonnalagadda
    • Srinivas Gangashettywar
    • Jonnalagadda Venkata Nagendraprasad
    • Rakesh Pasupunuri
    • Satya Surya Purna Prasanthi Narayanam
    • Kavitha Gangashettwar
  • What is the registered address of Primus Remedies Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Primus Remedies Private Limited is C-16 Ankur Co-Operative Society Thakurli East, Dombivili, Maharashtra, India, 421201.

  • What is the corporate identification number (CIN) and company number of Primus Remedies Private Limited?

    The corporate identification number (CIN) of Primus Remedies Private Limited is U24232MH2010PTC200506 and the company number is 200506 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Primus Remedies Private Limited?

    The Official website of Primus Remedies Private Limited is https://www.primusremedies.com

  • What has been the recent revenue trend for Primus Remedies Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Primus Remedies Private Limited has risen by 20.96%.

  • How many employees does Primus Remedies Private Limited currently have?

    As Per 2023 financial reports, 292 employees are currently employed by Primus Remedies Private Limited.

  • What change has been observed in the net worth of Primus Remedies Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Primus Remedies Private Limited has experienced an upsurge of 32.30%.

  • What are the total open charges for Primus Remedies Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Primus Remedies Private Limited amount to ₹ 11.19 Cr.

  • When was the last Balance Sheet of Primus Remedies Private Limited filed with the ROC?

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