About Debbas Prime Solutions Private Limited
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Debbas Prime Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Prime Technologies Llc.. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 29 October 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U52335TN2007PTC065209. The company has 5 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹3.6 Cr and a paid-up capital of ₹3.46 Cr. It is led by directors including Ziad Debbas and Nabil Abi Abdallah.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Old No:63 New No:71 Sterling Road Nungambakkam, Chennai, Tamil Nadu, India – 600034.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.15 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹13,036 (net margin -11.3%) and EBITDA of -₹12,747 (EBITDA margin -11.1%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 65% over five years.
As per MCA filings, the company has satisfied charges of ₹40 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website debbas.in.
Company details
Contact details
Debbas Prime Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is debbas.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressOld No:63 New No:71 Sterling Road Nungambakkam, Chennai, Tamil Nadu, India – 600034
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Debbas Prime Solutions 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
Business activity
The main business activity of Debbas Prime Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Debbas Prime Solutions Private Limited, buy the company report.
Financials of Debbas Prime Solutions Private Limited
FY 2021 filings availableDebbas Prime Solutions Private Limited reported revenue of ₹1.15 Lakh (up 233% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 233% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 65%. EBITDA rose 83% 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
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| EBITDA | -₹12,747 | ||||
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| Net Profit (PAT) | -₹13,036 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | -11.1% | ||||
| Net Profit Margin | -11.3% | ||||
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To see the full financial statements and ratios of Debbas Prime Solutions Private Limited, buy the company report.
Board of directors of Debbas Prime Solutions Private Limited
Debbas Prime Solutions has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ziad Debbas Also directs: Debbas Lighting India Private Limited | Director | 28 Oct 2010 | 15 Years 11 Months | Current |
| Nabil Abi Abdallah | Director | 28 Oct 2010 | 15 Years 11 Months | Current |
| Bidyut Chattopadhyay | Director | 22 Feb 2012 | 14 Years 8 Months | Current |
| Anwarbasha Abdulkhader | Director | 14 Jul 2009 | 17 Years 3 Months | Current |
Auditor
Debbas Prime Solutions Private Limited is audited by B G A AND ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B G A AND ASSOCIATES | FY 2020 | N500343 |
Shareholding
The shareholding of Debbas Prime Solutions Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Debbas Prime Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2009 | 10165279 | Axis Bank Limited | ₹40 Cr | Satisfied |
To see the full charge records of Debbas Prime Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Debbas Prime Solutions 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 Debbas Prime Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Debbas Prime Solutions has 5 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Debbas Prime Solutions Private Limited, buy the company report.
Recent activity
Debbas Prime Solutions Private Limited has 14 board changes on record since 2009: 4 appointments and 10 cessations. The latest: Ashok Kumar Agarwal ceased to be Director on 30 Nov 2016.
8 earlier events are in the company report.
Frequently asked questions
Debbas Prime Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 29 October 2007 (19+ years old) and is registered under CIN U52335TN2007PTC065209.
Debbas Prime Solutions has 4 current directors:
- Ziad Debbas - Director
- Nabil Abi Abdallah - Director
- Bidyut Chattopadhyay - Director
- Anwarbasha Abdulkhader - Director
The latest financial statements of Debbas Prime Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Debbas Prime Solutions has 5 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Debbas Prime Solutions is U52335TN2007PTC065209. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Debbas Prime Solutions was incorporated on 29 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chennai.
Ashok Kumar Agarwal ceased to be Director on 30 Nov 2016. Gopala Pllai Chandrasekharan Pillai ceased to be Director on 18 Jun 2015. Saurabh Chauhan ceased to be Director on 23 Jul 2014. Debbas Prime Solutions has 14 board changes on record in total.
Debbas Prime Solutions can be reached through the website debbas.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Debbas Prime Solutions is at Old No:63 New No:71 Sterling Road Nungambakkam, Chennai, Tamil Nadu, India – 600034.
Debbas Prime Solutions operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.