About Prima Bay Private Limited
Data last updated:
Prima Bay Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Brep Asia Sg L&T Holding Ii (Nq) Pte. Ltd.. It operates in the real estate financing segment of the financial services sector. It was incorporated on 13 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC302860. Its GSTIN is 27AAZCS5908D1ZU (Maharashtra).
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹21.81 Cr. It was formerly known as Snitch Properties and Services Private Limited. It is led by directors Quaiser Parvez and Ram Krishan Saraf.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Cts No. 117A/1D Gate No. 5 Tc – II Saki Vihar Road Powai, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2025, the company reported a revenue of ₹164.55 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹23.32 Cr (net margin 14.2%) and EBITDA of ₹135.66 Cr (EBITDA margin 82.4%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 12% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1,040 Cr and satisfied charges of ₹2,040 Cr on record. The company has 2 deals on record (1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹245 Cr; the latest was in January 2019. Its 10 peer companies in the BFSI industry (Real Estate Leasing) are compared by revenue, 5 larger and 5 smaller; the largest is Global Tech Park Private Limited with revenue of ₹169.12 Cr. The company has 1 MSME Form 1 return on record for the period ending Sep 2020, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nucleusofficeparks.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressCts No. 117A/1D Gate No. 5 Tc – II Saki Vihar Road Powai, Mumbai, Maharashtra, India – 400072
- IndustryFinancial Services, Real Estate Financing
- 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
- One PDF report, delivered after checkout
Business Activity of Prima Bay Private Limited
The main business activity of Prima Bay is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Prima Bay Private Limited FY 2025 filings available
Prima Bay Private Limited reported revenue of ₹164.55 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Prima Bay Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 2% growth 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 of Prima Bay Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹135.66 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹23.32 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Prima Bay Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 82.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14.2% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Prima Bay are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Prima Bay Private Limited
Prima Bay Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Real Estate Leasing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Global Tech Park Private Limited | ₹169.12 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Bangalore, Karnataka, India |
| Systematix Holdings Private Limited | ₹168.88 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Maharani Paints Private Limited | ₹168.68 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Faridabad, Haryana, India |
| Avigna Private Limited | ₹167.78 Cr (FY 2025) | •••• | •••• | 72.0% | •••• | Chennai, Tamil Nadu, India |
| 315 Work Avenue Spaces Private Limited | ₹167.11 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Bangalore, Karnataka, India |
| Prima Bay Private Limited this company | ₹164.55 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Wadhwa and Associates Realtors Private Limited | ₹164.05 Cr (FY 2019) | •••• | •••• | 48.0% | •••• | Mumbai, Maharashtra, India |
| Sainath Sales and Services Private Limited | ₹163.23 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Hotz Industries Limited | ₹162.25 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | New Delhi, Delhi, India |
| Brilliant Estates Limited | ₹161.36 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Indore, Madhya Pradesh, India |
| Gurgaon Infospace Limited | ₹159.75 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Prima Bay by revenue in the BFSI industry (Real Estate Leasing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Prima Bay Private Limited
Prima Bay Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Walker Chandiok & Co LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Prima Bay Private Limited
Prima Bay has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Quaiser Parvez Also directs: One Unity Center Private Limited, One Qube Realtors Private Limited, One World Center Private Limited and 5 more | Additional Director | 02 Jun 2025 | 1 Years 4 Months | Current |
| Ram Krishan Saraf Also directs: One Unity Center Private Limited, One Qube Realtors Private Limited, One World Center Private Limited and 3 more | Additional Director | 02 Jun 2025 | 1 Years 4 Months | Current |
Ownership and Shareholding of Prima Bay Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Prima Bay Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 May 2021 | Sbicap Trustee Company Limited | ₹1,040 Cr | Satisfied |
| 09 Aug 2019 | Sbicap Trustee Company Limited | ₹500 Cr | Satisfied |
| 06 Feb 2019 | Idbi Trusteeship Services Limited | ₹500 Cr | Satisfied |
Total charge records: 3 View all charges
Deals & Funding of Prima Bay Private Limited
Prima Bay Private Limited has 2 deals on record (1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹245 Cr; the latest was in January 2019.
Deals on record (1 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: Blackstone Advisors India Seller: 2 individuals |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Prima Bay Private Limited
Prima Bay Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2020, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Lahs Green India Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Prima Bay Private Limited
Prima Bay Private Limited has a workforce of 2 employees as of Apr 03, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Prima Bay Private Limited
Prima Bay Private Limited has 11 board changes on record since 2019: 2 appointments and 9 cessations. The latest: Quaiser Parvez was appointed as Additional Director on 02 Jun 2025.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Prima Bay Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Prima Bay Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Prima Bay Private Limited
Prima Bay has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAZCS5908D1ZU | Maharashtra | Active | 04 Jan 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Prima Bay Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Prima Bay Private Limited
Prima Bay is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 13 December 2017 (9+ years old) and is registered under CIN U74999MH2017PTC302860.
Prima Bay reported revenue of ₹164.55 Cr for FY 2025 (up 2% YoY).
Prima Bay has 2 current directors:
- Quaiser Parvez - Additional Director
- Ram Krishan Saraf - Additional Director
Prima Bay reported a net profit of ₹23.32 Cr (net margin 14.2%) and EBITDA of ₹135.66 Cr (EBITDA margin 82.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Prima Bay is 6% over three years and 12% over five years. In the latest year (FY 2025) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Prima Bay is 27AAZCS5908D1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Prima Bay is U74999MH2017PTC302860. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prima Bay was incorporated on 13 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Prima Bay has 2 deals on record (1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹245 Cr; the latest was in January 2019.
The peers of Prima Bay by revenue are Global Tech Park Private Limited, Systematix Holdings Private Limited, Maharani Paints Private Limited, Avigna Private Limited, 315 Work Avenue Spaces Private Limited and 5 more, all in the BFSI industry (Real Estate Leasing).
Quaiser Parvez was appointed as Additional Director on 02 Jun 2025. Ram Krishan Saraf was appointed as Additional Director on 02 Jun 2025. Rashmi ceased to be Company Secretary on 31 Mar 2025. Prima Bay has 11 board changes on record in total.
Prima Bay has 1 MSME Form 1 return on record for the period ending Sep 2020, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 23 Oct 2020.