MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-WB-10-0012702
Primarc Retail Stores Private Limited - fashion and textile in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹142.95 Cr
▲ 10% YoY
Net profit · FY 2025
₹2.95 Cr
Net margin 2.1%
EBITDA · FY 2025
₹12.62 Cr
EBITDA margin 8.8%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹4.95 Cr
Issued & subscribed
Open charges
₹44.46 Cr
Satisfied ₹69.48 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
324
Provident fund records
About Primarc Retail Stores Private Limited
Data last updated:
Primarc Retail Stores Private Limited is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Girdhar Tracom Private Limited. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 07 July 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2004PTC099052. Its GSTIN is 19AADCP3619G1ZE (West Bengal). The company holds 11 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹4.95 Cr. It was formerly known as Pgi Retail Stores Private Limited. It is led by directors Piyush Pansari (Managing Director) and Govind Agarwal.
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 Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹142.95 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹2.95 Cr (net margin 2.1%) and EBITDA of ₹12.62 Cr (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 3% over five years.
The company has about 324 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Primarc. As per MCA filings, the company has open charges of ₹44.46 Cr and satisfied charges of ₹69.48 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
Primarc Retail Stores Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0012702). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website surbhipansari.co.in.
Company details
CIN U51909WB2004PTC099052
Registration Number 099052
Incorporation Date 07 July 2004
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Girdhar Tracom Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-WB-10-0012702
Recognitions & Rankings of Primarc Retail Stores
Contact details
Primarc Retail Stores Private Limited's registered office is in Kolkata, West Bengal. Its website is surbhipansari.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address18 Rabindra Sarani, Gate No. – 3 1st Floor, Kolkata, West Bengal, India – 700001
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Primarc Retail Stores Private Limited, buy the company report.
Comprehensive company report
Primarc Retail Stores Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Primarc Retail Stores operates one associated brand: Primarc. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate properties are developed by Primarc in India. | primarc.in |
Business activity
The main business activity of Primarc Retail Stores is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Primarc Retail Stores Private Limited, buy the company report.
Financials of Primarc Retail Stores Private Limited
FY 2025 filings availablePrimarc Retail Stores Private Limited reported revenue of ₹142.95 Cr (up 10% YoY) for FY 2025.
Revenue · FY 2025
₹142.95 Cr ▲ 10%
Net profit · FY 2025
₹2.95 Cr margin 2.1%
EBITDA · FY 2025
₹12.62 Cr margin 8.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 10%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▼ 2%
5 years · compounded
▼ 2%
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 10% growth in the latest year. EBITDA fell 9% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | ₹12.62 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.95 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.8% | ||||
| Net Profit Margin | 2.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Primarc Retail Stores Private Limited, buy the company report.
Board of directors of Primarc Retail Stores Private Limited
Primarc Retail Stores has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Govind Agarwal Also directs: Embers Infra Services Private Limited | Director | 01 Feb 2025 | 1 Years 8 Months | Current |
| Piyush Pansari | Managing Director | 07 Jul 2004 | 22 Years 3 Months | Current |
Peer comparison
Primarc Retail Stores Private Limited is compared with the 3 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Golden Mandhir Retail Private Limited | ₹143.8 Cr (FY 2025) | -1.0% | Salem, Tamil Nadu, India | |||
| Burberry India Private Limited | ₹143.71 Cr (FY 2025) | -10.0% | New Delhi, Delhi, India | |||
| Primarc Retail Stores Private Limitedthis company | ₹142.95 Cr (FY 2025) | ₹2.95 Cr | 2.1% | 10.0% | 324 | Kolkata, West Bengal, India |
| Mitul Enterprises Private Limited | ₹138.58 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Primarc Retail Stores Private Limited, buy the company report.
Auditor
Primarc Retail Stores Private Limited is audited by S. JAYKISHAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. JAYKISHAN | FY 2023 | 309005E |
Shareholding
The shareholding of Primarc Retail Stores 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 Primarc Retail Stores Private Limited, buy the company report.
Charges & borrowings
Open charges
₹44.46 Cr
Satisfied charges
₹69.48 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2024 | 100894433 | Others | ₹5.4 Cr | Open | |
| 03 Jun 2021 | 100462201 | Hdfc Bank Limited | ₹39.06 Cr | Open | |
| 04 Jan 2025 | 101036285 | Others | ₹8 Cr | Satisfied | |
| 23 Feb 2021 | 100425992 | Others | ₹49 Lakh | Satisfied | |
| 10 Oct 2019 | 100294523 | Tata Capital Financial Services Limited | ₹1.5 Cr | Satisfied |
To see the full charge records of Primarc Retail Stores Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Primarc Retail Stores Private Limited has 3 court cases on record: 3 filed by Primarc Retail Stores. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
3
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Writ petition | Filed by the company against Deputy Commissioner of Revenue, State Tax, Sealdah and College Street Charge and Ors | Pending |
| High Court | Company petition | Filed by the company against an individual | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against State of West Bengal & Ors | Disposed |
To see the full case history of Primarc Retail Stores 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.
Credit ratings & regulatory alerts
Primarc Retail Stores Private Limited was last rated by Care on 12 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 12 May 2022 |
To see the full credit ratings and regulatory alerts of Primarc Retail Stores Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Primarc Retail Stores Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Primarc Retail Stores has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Embers Infra Services Private Limited | U70102WB2012PTC186593 |
To see the full group structure of Primarc Retail Stores Private Limited, buy the company report.
Employees & EPFO
Primarc Retail Stores Private Limited has a workforce of 324 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
324
Active EPFO establishments
1
Employee growth
12.11%
GST
Primarc Retail Stores has 11 GST registrations: 7 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
11
Active
7
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCP3619G1ZE | West Bengal | Active | 01 Jul 2017 |
| 09AADCP3619G1ZF | Uttar Pradesh | Active | 01 Jul 2017 |
| 10AADCP3619G1ZW | Bihar | Active | 01 Jul 2017 |
| 16AADCP3619G1ZK | Tripura | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Primarc Retail Stores Private Limited, buy the company report.
Recent activity
Primarc Retail Stores Private Limited has 9 board changes on record since 2004: 2 appointments and 7 cessations. The latest: Govind Agarwal ceased to be Additional Director on 29 Sep 2025.
AGM
Primarc Retail Stores Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Govind Agarwal ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited of Rs. 39.06 Cr registered on 03 Jun 2021 with Charge ID 100462201 was modified on 08 Aug 2025.
Charges
A charge registered on 04 Jan 2025 via Charge ID 101036285 with Others was fully satisfied on 24 Jul 2025.
Filing
Primarc Retail Stores Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata.
Charges
A charge registered on 23 Feb 2021 via Charge ID 100425992 with Others was fully satisfied on 26 Feb 2025.
Appointed
Govind Agarwal was appointed as Director.
Charges
A charge with Others amounted to Rs. 8.00 Cr with Charge ID 101036285 was registered on 04 Jan 2025.
Charges
A charge with Others amounted to Rs. 5.40 Cr with Charge ID 100894433 was registered on 20 Mar 2024.
Charges
A charge registered on 31 Mar 2011 via Charge ID 10287167 with Axis Bank Limited was fully satisfied on 22 Nov 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 39.06 Cr with Charge ID 100462201 was registered on 03 Jun 2021.
Ceased
Surbhi Pansari ceased to be Director.
29 earlier events are in the company report.
Frequently asked questions
Primarc Retail Stores is an active private limited company based in Kolkata, West Bengal, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 07 July 2004 (22+ years old) and is registered under CIN U51909WB2004PTC099052.
Primarc Retail Stores has 2 current directors:
- Piyush Pansari - Managing Director
- Govind Agarwal - Director
The latest financial statements of Primarc Retail Stores 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 Primarc Retail Stores is 19AADCP3619G1ZE, registered in West Bengal. The company has 11 GST registrations in all, of which 7 are active and 4 are cancelled or inactive. Other active GSTINs include 09AADCP3619G1ZF (Uttar Pradesh), 10AADCP3619G1ZW (Bihar), 16AADCP3619G1ZK (Tripura).
The CIN (Corporate Identification Number) of Primarc Retail Stores is U51909WB2004PTC099052. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Primarc Retail Stores has 3 court cases on record: 3 filed by the company. 1 is pending.
Primarc Retail Stores was incorporated on 07 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Primarc Retail Stores by revenue are Golden Mandhir Retail Private Limited, Burberry India Private Limited, Mitul Enterprises Private Limited, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (retail trading).
Govind Agarwal ceased to be Additional Director on 29 Sep 2025. Govind Agarwal was appointed as Director on 01 Feb 2025. Surbhi Pansari ceased to be Director on 15 May 2021. Primarc Retail Stores has 9 board changes on record in total.
Yes, Primarc Retail Stores is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-10-0012702).
Primarc Retail Stores can be reached through the website surbhipansari.co.in. Its registered office is in Kolkata, West Bengal, India.