About Primary Real Estate Advisors Private Limited
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Primary Real Estate Advisors Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate brokerage and services segment of the real estate and construction sector. It was incorporated on 14 December 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH2001PTC134242. Its GSTIN is 27AADCP4727D1ZK (Maharashtra).
The company has an authorised share capital of ₹1.29 Cr and a paid-up capital of ₹1.58 Lakh. It is led by directors Ashwin Ramesh Mansharamani (Whole-Time Director) and Iyer Venkata Subramaniam.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.57 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹2.48 Cr (net margin -54.3%) and EBITDA of -₹2.81 Cr (EBITDA margin -61.6%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 9% over five years.
The company is associated with 1 brand: Primary Real Estate Advisors.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website primaryindia.com.
Company details
CIN history
Primary Real Estate Advisors has one previous CIN (Corporate Identification Number): U70100MH2004PTC134242. The current CIN is U70100MH2001PTC134242, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100MH2001PTC134242 | Current |
| U70100MH2004PTC134242 | Previous |
Contact details
Primary Real Estate Advisors Private Limited's registered office is in Mumbai, Maharashtra. Its website is primaryindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1st Floor Apeejay House Dinshaw Vachha Road, Backbay Reclamation, Mumbai, Maharashtra, India – 400020
- IndustryReal Estate and Construction, Real Estate Brokerage & Services
To see the full contact details of Primary Real Estate Advisors Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Primary Real Estate Advisors operates one associated brand: Primary Real Estate Advisors. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides advisory services for real estate investments in India using expert market experience. | primaryindia.com |
Business activity
The main business activity of Primary Real Estate Advisors is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Primary Real Estate Advisors Private Limited, buy the company report.
Financials of Primary Real Estate Advisors Private Limited
FY 2024 filings availablePrimary Real Estate Advisors Private Limited reported revenue of ₹4.57 Cr (down 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 20% fall in the latest year. EBITDA fell 308% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹2.81 Cr | ||||
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| Net Profit (PAT) | -₹2.48 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -61.6% | ||||
| Net Profit Margin | -54.3% | ||||
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To see the full financial statements and ratios of Primary Real Estate Advisors Private Limited, buy the company report.
Board of directors of Primary Real Estate Advisors Private Limited
Primary Real Estate Advisors has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Iyer Venkata Subramaniam | Director | 10 Mar 2011 | 15 Years 8 Months | Current |
| Ashwin Ramesh Mansharamani Also directs: Safalya Estates and Trading LLP, Safalya Foods LLP, Gcorp Spaces Private Limited and 5 more | Whole-Time Director | 14 Dec 2001 | 24 Years 10 Months | Current |
Auditor
Primary Real Estate Advisors Private Limited is audited by GANDHI & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GANDHI & ASSOCIATES LLP | FY 2023 | 102965W/W100192 |
Shareholding
The shareholding of Primary Real Estate Advisors Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Primary Real Estate Advisors Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Primary Real Estate Advisors Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Primary Real Estate Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Primary Real Estate Advisors has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Primary Real Estate Advisors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCP4727D1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Primary Real Estate Advisors Private Limited, buy the company report.
Recent activity
Primary Real Estate Advisors Private Limited has 5 board changes on record since 2001: 2 appointments and 3 cessations. The latest: Iyer Venkata Subramaniam ceased to be Additional Director on 27 Sep 2011.
Frequently asked questions
Primary Real Estate Advisors is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate brokerage and services, within the real estate and construction industry. It was incorporated on 14 December 2001 (25+ years old) and is registered under CIN U70100MH2001PTC134242.
Primary Real Estate Advisors has 2 current directors:
- Ashwin Ramesh Mansharamani - Whole-Time Director
- Iyer Venkata Subramaniam - Director
The latest financial statements of Primary Real Estate Advisors on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Primary Real Estate Advisors is 27AADCP4727D1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Primary Real Estate Advisors is U70100MH2001PTC134242. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Primary Real Estate Advisors was incorporated on 14 December 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Iyer Venkata Subramaniam ceased to be Additional Director on 27 Sep 2011. Ajit Dayal ceased to be Director on 29 Mar 2011. Ketan Shah ceased to be Alternate Director on 29 Mar 2011. Primary Real Estate Advisors has 5 board changes on record in total.
Primary Real Estate Advisors can be reached through the website primaryindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Primary Real Estate Advisors is at 1st Floor Apeejay House Dinshaw Vachha Road, Backbay Reclamation, Mumbai, Maharashtra, India – 400020.
Primary Real Estate Advisors operates in the real estate and construction industry, in the real estate brokerage and services segment.
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