Prime IT Solutions Private Limited
About Prime IT Solutions Private Limited
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Prime IT Solutions Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 01 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70109DL2005PTC132571.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹9.97 Lakh. It is led by directors including Pradeep Sharma and Avinash Kumar Setia.
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 B – 2/3 S/F Kh No – 8/8 Chhatterpur Extn Nanda Hospital, New Delhi, Delhi, India – 110074.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.18 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹19.91 Lakh (net margin -384.2%) and EBITDA of -₹19.23 Lakh (EBITDA margin -371.1%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 19% over five years.
As per MCA filings, the company has satisfied charges of ₹14.98 Cr on record. Court records list 24 cases involving the company, including 13 filed by the company and 11 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Prime IT Solutions has one previous CIN (Corporate Identification Number): U72200DL2005PTC132571. The current CIN is U70109DL2005PTC132571, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70109DL2005PTC132571 | Current |
| U72200DL2005PTC132571 | Previous |
Contact details
Prime IT Solutions Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 2/3 S/F Kh No – 8/8 Chhatterpur Extn Nanda Hospital, New Delhi, Delhi, India – 110074
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
To see the full contact details of Prime IT 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
Financials of Prime IT Solutions Private Limited
FY 2025 filings availablePrime IT Solutions Private Limited reported revenue of ₹5.18 Lakh (down 98% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 98% fall in the latest year. EBITDA fell 110% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹19.23 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹19.91 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -371.1% | ||||
| Net Profit Margin | -384.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Prime IT Solutions Private Limited, buy the company report.
Board of directors of Prime IT Solutions Private Limited
Prime IT Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Sharma Also directs: Masons Realty Private Limited, Wishfield Estates Private Limited, Masons Community Private Limited and 5 more | Director | 22 Oct 2005 | 21 Years 0 Months | Current |
| Avinash Kumar Setia Also directs: Atya Avenues and Spaces LLP, Casa Siolim Design Studio LLP, Ethus Developers LLP and 5 more | Director | 01 Feb 2005 | 21 Years 8 Months | Current |
| Amar Deep Singh Also directs: Prime Infoways Private Limited, BR Projects Private Limited, Kundli Cotex Private Limited and 5 more | Additional Director | 18 Jan 2024 | 2 Years 9 Months | Current |
Peer comparison
Prime IT Solutions Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Real Estate Marketing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhargava Complex Private Limited | ₹5.25 Lakh (FY 2025) | -85.0% | Kolkata, West Bengal, India | |||
| Koral Apartment Private Limited | ₹5.25 Lakh (FY 2025) | 78.0% | Navi Mumbai, Maharashtra, India | |||
| Sentinel Systems Private Limited | ₹5.22 Lakh (FY 2025) | New Delhi, Delhi, India | ||||
| Shah & Patel Agriculture Private Limited | ₹5.21 Lakh (FY 2025) | 163.0% | Raipur, Chhattisgarh, India | |||
| Anjul Builders & Developers Private Limited | ₹5.19 Lakh (FY 2025) | -74.0% | Ghaziabad, Uttar Pradesh, India | |||
| Prime IT Solutions Private Limitedthis company | ₹5.18 Lakh (FY 2024) | -₹19.91 Lakh | -384.2% | -98.0% | New Delhi, Delhi, India | |
| Shah Propmart Private Limited | ₹5.17 Lakh (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Ruby Star Devbuild India Private Limited | ₹5.16 Lakh (FY 2024) | -55.0% | Indore, Madhya Pradesh, India | |||
| Pitamber Steels Private Ltd | ₹5.15 Lakh (FY 2025) | 21.0% | New Delhi, Delhi, India | |||
| Bright Infratech Private Limited | ₹5.12 Lakh (FY 2024) | -97.0% | Kantabanji, Odisha, India | |||
| Bonanza Promoters Private Limited | ₹5.1 Lakh (FY 2024) | -58.0% | New Delhi, Delhi, India |
To see the full peer comparison of Prime IT Solutions Private Limited, buy the company report.
Auditor
Prime IT Solutions Private Limited is audited by H K BATRA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H K BATRA & ASSOCIATES | FY 2019 | 009889N |
Shareholding
The shareholding of Prime IT Solutions Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Prime IT Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jul 2011 | 10304687 | Bank of Baroda | ₹5.31 Cr | Satisfied | |
| 13 Nov 2010 | 10278025 | Bank of Baroda | ₹9.67 Cr | Satisfied |
To see the full charge records of Prime IT Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Prime IT Solutions Private Limited has 24 court cases on record: 13 filed by Prime IT Solutions, 11 filed against it. 5 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 3 | 3 |
| High courts | 7 | 2 | 2 |
| Supreme Court | 6 | 6 | 0 |
| NCLAT | 4 | 0 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, DELHI | Appeal | Filed by the company against M/S Imperia Wishfield Pvt Ltd and Others | Pending |
| District court, Gurugram, Haryana | Execution petition | Filed against the company by M/S Imperia Wishfield Pvt Ltd | Pending |
| High Court, HARYANA | Revision petition | Filed against the company by Imperia Wishfield Private Limited | Disposed |
| High Court of Punjab and Haryana | Arbitration matter | Filed by the company against M/S Apex Buildwell Private Limited and Another and 1 other | Disposed |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by Ms Imperia Structures Ltd | Disposed |
To see the full case history of Prime IT Solutions 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 Prime IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Prime IT Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Prime IT Solutions Private Limited has 6 board changes on record since 2005: 3 appointments and 3 cessations. The latest: Amar Deep Singh was appointed as Additional Director on 18 Jan 2024.
1 earlier event is in the company report.
Frequently asked questions
Prime IT Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 01 February 2005 (21+ years old) and is registered under CIN U70109DL2005PTC132571.
Prime IT Solutions has 3 current directors:
- Pradeep Sharma - Director
- Avinash Kumar Setia - Director
- Amar Deep Singh - Additional Director
The latest financial statements of Prime IT Solutions 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 CIN (Corporate Identification Number) of Prime IT Solutions is U70109DL2005PTC132571. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prime IT Solutions has 24 court cases on record: 13 filed by the company and 11 filed against it. 5 are pending. Most are in the district courts.
Prime IT Solutions was incorporated on 01 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Prime IT Solutions by revenue are Bhargava Complex Private Limited, Koral Apartment Private Limited, Sentinel Systems Private Limited, Shah & Patel Agriculture Private Limited, Anjul Builders & Developers Private Limited and 5 more, all in the Real Estate industry (Real Estate Marketing).
Amar Deep Singh was appointed as Additional Director on 18 Jan 2024. Surjit Singh ceased to be Additional Director on 30 Sep 2014. Bhupinder Singh Kochar ceased to be Director on 01 Oct 2013. Prime IT Solutions has 6 board changes on record in total.
The registered office of Prime IT Solutions is at B – 23 SF Kh No – 88 Chhatterpur Extn Nanda Hospital, New Delhi, Delhi, India – 110074.
Prime IT Solutions operates in the real estate and construction industry, in the real estate marketing and sales segment.
Prime IT Solutions has no open charges and satisfied charges of ₹14.98 Cr as per latest MCA filings.