Primus Remedies Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 0.10 M
- Company Age 15 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- 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 and two months. Its registered office is in Thane, 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 2024. 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.
Swapna Pasupunuri, Sridevi Jonnalagadda, Ajay Narayanam, and Five other members serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- 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 2024
- Date of Balance Sheet
31 Mar 2024
- 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.
Primus Remedies Private Limited
Explore comprehensive data for Primus Remedies Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Primus Remedies?
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ajay Narayanam  | Director | 26-Feb-2010 | Current |
| Swapna Pasupunuri | Director | 26-Feb-2010 | Current |
| Sridevi Jonnalagadda | Director | 26-Feb-2010 | Current |
| Srinivas Gangashettywar | Director | 26-Feb-2010 | Current |
| Kavitha Gangashettwar | Director | 03-Jun-2022 | Current |
| Satya Narayanam | Director | 03-Jun-2022 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Nov 2021 | Axis Bank Limited | ₹4.45 M | Open |
| 18 Oct 2021 | Axis Bank Limited | ₹2.40 M | Open |
| 25 Oct 2019 | Axis Bank Limited | ₹9.75 Cr | Open |
| 29 Feb 2016 | Axis Bank Limited | ₹7.50 M | Open |
| 07 Sep 2020 | Axis Bank Limited | ₹3.53 M | Satisfied |
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.
Deals i
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
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.
Latest Updates, News, and FAQs on Primus Remedies
Recent activity within the organization
- Annual General Meeting
Primus Remedies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Primus Remedies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 07 Sep 2020 via Charge ID 100373610 with Axis Bank Limited was fully satisfied on 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.
- Director Appointment
Kavitha Gangashettwar was appointed as a Director was appointed as a Director on 03 Jun 2022 & has been associated with this company since 2 years 10 months .
- Charges
A charge with Axis Bank Limited amounted to Rs. 0.45 Cr with Charge ID 100522170 was registered on 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.
- Swapna Pasupunuri
- Sridevi Jonnalagadda
- Ajay Babu Narayanam
- Srinivas Gangashettywar
- Kavitha Gangashettwar
- Satya Surya Purna Prasanthi Narayanam
- Rakesh Pasupunuri
- Jonnalagadda Venkata Nagendraprasad
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 India, Dombivili, Maharashtra, 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 2024.
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