Priority Marketing Private Limited

Wholesale trading of watches, clocks, and parts, importing, exporting, and dealing with gems and diamonds.

2000 | Mumbai, Maharashtra (India) | Active
Last Updated:

Priority Marketing Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 24 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 19.01 Cr
  • Revenue Growth 31416.85%
  • Profit Growth 470.34%
  • Ebitda 77.64%
  • Net Worth 473.11%
  • Total Assets 200.80%

About Priority Marketing

Priority Marketing Private Limited (PMPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 July 2000 and has a history of 24 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Consumer Goods 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company has closed loans amounting to ₹19.01 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Gajanand Thatikonda and Manisha Sangani serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51392MH2000PTC127591

  • Company No.

    127591

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Jul 2000

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods

What products or services does Priority Marketing Private Limited offer?

Priority Marketing Private Limited offers a wide range of products and services, including Clocks and Watches, Chronograph Watch, Wrist Watch, Multifunction Watches, Leather Wrist Watches, Strap Watches, Decorative Watches, Men Wrist Watches, Men Analog Watches, Stainless Steel Watch.

Company report

Priority Marketing Private Limited

Explore comprehensive data for Priority Marketing Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Priority Marketing?

Board Members (2)

NameDesignationAppointment DateStatus
Manisha Sangani Country flag representing In Director 13-Sep-2002Current
Gajanand Thatikonda Country flag representing In Director 16-Mar-2021Current

Financial Performance of Priority Marketing.

Priority Marketing Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 31416.85% increase. The company also saw a substantial improvement in profitability, with a 470.34% increase in profit. The company's net worth Soared by an impressive increase of 473.11%.

Priority Marketing revenue growth over time
Priority Marketing 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
31416.85%
Revenue from Operations
Total Assets
200.80%
Profit or Loss
470.34%
Net Worth
473.11%
EBITDA
77.64%

What is the Ownership and Shareholding Structure of Priority Marketing?

In 2022, Priority Marketing had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹19.01 Cr

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 7.50 Cr
  • Citi Bank N.A. : 6.50 Cr
  • Yes Bank Limited : 3.00 Cr
  • State Bank Of India : 1.75 Cr
  • Citizen Credit Co-Op. Bank Ltd. : 0.26 Cr

Latest Charge Details

DateLenderAmountStatus
24 Sep 2014Idbi Bank Limited₹7.50 CrSatisfied
02 Feb 2009Citi Bank N.A.₹6.50 CrSatisfied
03 Dec 2007Yes Bank Limited₹3.00 CrSatisfied
26 Feb 2005State Bank Of India₹1.75 CrSatisfied
29 Dec 2001Citizen Credit Co-Op. Bank Ltd.₹2.60 MSatisfied

How Many Employees Work at Priority Marketing?

Priority Marketing has a workforce of 15 employees as of Apr 08, 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.

Employee growth trends for Priority Marketing Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Priority Marketing, 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 Priority Marketing'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 Priority Marketing

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Priority Marketing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Gajanand Arjun Thatikonda was appointed as a Director was appointed as a Director on 16 Mar 2021 & has been associated with this company since 4 years 27 days .

  • Charges

    A charge registered on 24 Sep 2014 via Charge ID 10533834 with Idbi Bank Limited was fully satisfied on 12 Jun 2017.

  • Charges

    A charge registered on 02 Feb 2009 via Charge ID 10141818 with Citi Bank N.A. was fully satisfied on 08 Oct 2014.

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 7.50 Cr with Charge ID 10533834 was registered on 24 Sep 2014.

Frequently asked questions

  • What is the Incorporation or founding date of Priority Marketing Private Limited?

    Priority Marketing Private Limited was incorporated on 06 Jul 2000.

  • What is authorized share capital and paid-up capital of Priority Marketing Private Limited?

    The authorized share capital of Priority Marketing Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Priority Marketing Private Limited?

    Currently 2 directors are associated with Priority Marketing Private Limited.

    • Gajanand Arjun Thatikonda
    • Manisha Shailesh Sangani
  • What is the registered address of Priority Marketing Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Priority Marketing Private Limited is Galano.423-B 4Thfloor Shah Naharindustrialpremises (A-1) Dhanrajmillscompound S.J.Marg, Lowe Rparel (W) India, Mumbai, Maharashtra, 400013.

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

    The corporate identification number (CIN) of Priority Marketing Private Limited is U51392MH2000PTC127591 and the company number is 127591 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Priority Marketing Private Limited?

    The Official website of Priority Marketing Private Limited is https://www.priorityindia.com

  • What has been the recent revenue trend for Priority Marketing Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Priority Marketing Private Limited has risen by 31416.85%.

  • How many employees does Priority Marketing Private Limited currently have?

    As Per 2022 financial reports, 15 employees are currently employed by Priority Marketing Private Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Priority Marketing Private Limited has experienced an upsurge of 473.11%.

  • When was the last Balance Sheet of Priority Marketing Private Limited filed with the ROC?

    The most recent Balance Sheet for Priority Marketing Private Limited was filed with the ROC on 31 Mar 2024.

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