About Primal Projects Private Limited
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Primal Projects Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 August 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U07010KA2000PTC027690. Its GSTIN is 29AACCP2419F1ZK (Karnataka).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.7 Cr. It is led by directors including Abhishek Agarwal (Whole-Time Director) and Mugalur Keshavamurthy Sathyaprasad (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 97/B I Floor 6th Blockkoramangala Bangalore, Karnataka, India – 560095.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.49 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.63 Cr (net margin -105.3%) and EBITDA of -₹2.35 Cr (EBITDA margin -94.4%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years and 63% over five years.
As per MCA filings, the company has open charges of ₹430 Cr and satisfied charges of ₹2,601.44 Cr on record. Court records list 13 cases involving the company, including 5 filed by the company and 8 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rgafacilities.com.
Company details
Contact details
Primal Projects Private Limited's registered office is in Bangalore, Karnataka. Its website is rgafacilities.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address97/B I Floor 6th Blockkoramangala Bangalore, Karnataka, India – 560095
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Primal Projects 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 Primal Projects is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
Financials of Primal Projects Private Limited
FY 2025 filings availablePrimal Projects Private Limited reported revenue of ₹2.49 Cr (up 180% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 180% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 63%. EBITDA fell 562% 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 | -₹2.35 Cr | ||||
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| Net Profit (PAT) | -₹2.63 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 | -94.4% | ||||
| Net Profit Margin | -105.3% | ||||
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To see the full financial statements and ratios of Primal Projects Private Limited, buy the company report.
Board of directors of Primal Projects Private Limited
Primal Projects has 7 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Agarwal | Whole-Time Director | 14 Sep 2009 | 17 Years 1 Months | Current |
| Mugalur Keshavamurthy Sathyaprasad | Whole-Time Director | 25 Aug 2000 | 26 Years 2 Months | Current |
| Sireesh Kupendra Also directs: Rga Software Systems Private Limited, Sireesh & Bharath Infrastructure LLP, Alphalandmark LLP and 5 more | Director | 01 Feb 2024 | 2 Years 8 Months | Current |
| Gayathri Kuppendra Reddy Also directs: Patio Venture LLP | Director | 01 Feb 2024 | 2 Years 8 Months | Current |
| Abhijith Satya Prasad Also directs: Prime Time Leisure LLP, Morado Developers LLP, Morado Infrastructure Private Limited and 5 more | Director | 01 Oct 2012 | 14 Years 0 Months | Current |
| Kupendra Reddy Dasareddy Also directs: Rga Software Parks LLP, Rga Hospitalities LLP, Rga Software Systems Private Limited and 5 more | Director | 03 Jan 2011 | 15 Years 9 Months | Current |
Auditor
Primal Projects Private Limited is audited by A R VISWANATHAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A R VISWANATHAN & CO | FY 2023 | 004765S |
Shareholding
The shareholding of Primal Projects Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Primal Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Nov 2010 | 10253936 | Oriental Bank of Commerce | ₹290 Cr | Open | |
| 12 May 2007 | 10053525 | Bank of Maharashtra | ₹48 Cr | Open | |
| 27 Feb 2005 | 90189628 | Corporation Bank | ₹2 Cr | Open | |
| 27 Feb 2005 | 90194598 | Corporation Bank | ₹20 Cr | Open | |
| 27 Aug 2004 | 90189611 | Standard Chartered Bank | ₹70 Cr | Open |
To see the full charge records of Primal Projects Private Limited, buy the company report.
Total charge records: 24 View all charges
Legal cases
Primal Projects Private Limited has 13 court cases on record: 5 filed by Primal Projects, 8 filed against it. 1 case is pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 5 | 1 |
| District courts | 3 | 3 | 0 |
| NCLT | 3 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed against the company by M/S. Opto Infrastructure Limited | Pending |
| High Court of Karnataka | Writ petition | Filed against the company by M/S Opto Infrastructure Limited | Disposed |
| NCLT, Bengaluru | Court case (COMP.APPL) | Filed by the company | Disposed |
| NCLT, Bengaluru | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Bengaluru | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Primal Projects Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Primal Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Primal Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCP2419F1ZK | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Primal Projects Private Limited, buy the company report.
Recent activity
Primal Projects Private Limited has 18 board changes on record since 2000: 7 appointments and 11 cessations. The latest: Gayathri Kuppendra Reddy ceased to be Additional Director on 29 Sep 2024.
55 earlier events are in the company report.
Frequently asked questions
Primal Projects is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 25 August 2000 (26+ years old) and is registered under CIN U07010KA2000PTC027690.
Primal Projects has 7 current directors:
- Abhishek Agarwal - Whole-Time Director
- Mugalur Keshavamurthy Sathyaprasad - Whole-Time Director
- Kasu Venkata Rajagopal Reddy - Whole-Time Director
- Sireesh Kupendra - Director
- Gayathri Kuppendra Reddy - Director
- Abhijith Satya Prasad - Director
- Kupendra Reddy Dasareddy - Director
The latest financial statements of Primal Projects on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Primal Projects is 29AACCP2419F1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Primal Projects is U07010KA2000PTC027690. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Primal Projects has 13 court cases on record: 5 filed by the company and 8 filed against it. 1 is pending. Most are in the high courts.
Primal Projects was incorporated on 25 August 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
Gayathri Kuppendra Reddy ceased to be Additional Director on 29 Sep 2024. Sireesh Kupendra ceased to be Additional Director on 29 Sep 2024. Gayathri Kuppendra Reddy was appointed as Director on 01 Feb 2024. Primal Projects has 18 board changes on record in total.
Primal Projects can be reached through the website rgafacilities.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Primal Projects is at 97B I Floor 6th Blockkoramangala Bangalore, Karnataka, India – 560095.