Primaseller India Private Limited

Primaseller India Private Limited - information technology in Bengaluru, Karnataka, India. Directors, charges & compliance details.
CIN U72900KA2018FTC112381 Incorporated 18 April 2018 ROC Bangalore HQ Bengaluru, Karnataka, India
Struck Off Foreign Private Limited Company information technology Startup India
Data last updated
Revenue · FY 2024
₹20,610
▼ 100.00% YoY
Net loss · FY 2024
₹4.95 Lakh
Latest filing
EBITDA · FY 2024
-₹4.95 Lakh
Latest filing
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
GST registrations
1
None active

About Primaseller India Private Limited

Data last updated:

Primaseller India Private Limited was a foreign private limited company based in Bengaluru, Karnataka, India, operated as a subsidiary of Primaseller Inc.. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 18 April 2018.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018FTC112381. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Vivek Subramanian and Mohammed Ali.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at No.1351 32nd E – Cross 4th T Block Jayanagar, Bengaluru, Karnataka, India – 560041.

As per the financials filed for FY 2024, the company reported a revenue of ₹20,610. For the same year it recorded a net loss of ₹4.95 Lakh and EBITDA of -₹4.95 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 85% over three years and 68% over five years.

The company was associated with 1 brand: Primaseller. The company has 1 deal on record (1 acquisition); the latest was in March 2021.

The last known website on record is primaseller.com.

Company details

CIN U72900KA2018FTC112381
Registration Number 112381
Incorporation Date 18 April 2018
ROC Bangalore
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Primaseller Inc.
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Primaseller India

Startup India Government of India

Contact details

Primaseller India Private Limited's registered office is in Bengaluru, Karnataka. Its website is primaseller.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    No.1351 32nd E – Cross 4th T Block Jayanagar, Bengaluru, Karnataka, India – 560041
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Primaseller India Private Limited, buy the company report.

Comprehensive company report
Primaseller India 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

Primaseller India operates one associated brand: Primaseller. Each brand links to its own profile.

BrandDescriptionWebsite
eCommerce logistics and shipping solutions are provided for D2C brands.primaseller.com

Financials of Primaseller India Private Limited

FY 2024 filings available

Primaseller India Private Limited reported revenue of ₹20,610 for FY 2024.

Revenue · FY 2024
₹20,610
Net loss · FY 2024
₹4.95 Lakh
EBITDA · FY 2024
-₹4.95 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 85%
5 years · compounded
▼ 68%
EBITDA CAGR growth
1 year
▼ 378%
3 years · compounded
▲ 30%
5 years · compounded
▼ 21%

Revenue has declined at a compounded annual rate (CAGR) of 68% over five years. EBITDA fell 378% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹4.95 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4.95 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin
Net Profit Margin
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

To see the full financial statements and ratios of Primaseller India Private Limited, buy the company report.

Board of directors of Primaseller India Private Limited

Primaseller India has 2 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Vivek SubramanianDirector18 Apr 20188 Years 6 MonthsAs last reported
Mohammed AliDirector18 Apr 20188 Years 6 MonthsAs last reported

Auditor

Primaseller India Private Limited is audited by N J Suresh & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
N J Suresh & AssociatesFY 2023010449S

Shareholding

The shareholding of Primaseller India 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Primaseller India Private Limited, buy the company report.

Deals & funding

Primaseller India Private Limited has 1 deal on record (1 acquisition); the latest was in March 2021.

Total deals
1
Acquisition
1

Deals on record (1 of 1)

WhenDealAmountParties
Mar 2021AcquisitionUndisclosedBuyer: Delhivery Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Primaseller India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Primaseller India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Primaseller India Private Limited, buy the company report.

Recent activity

Primaseller India Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Mohammed Ali was appointed as Director on 18 Apr 2018.

AGM
Primaseller India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Primaseller India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Mohammed Ali was appointed as Director.
Appointed
Vivek Subramanian was appointed as Director.
Incorporation
18 Apr 2018
Primaseller India Private Limited was registered on 18 Apr 2018 with Roc Bangalore & aged 8 years 6 months as per MCA records.

Frequently asked questions

Primaseller India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Primaseller India was a foreign private limited company based in Bengaluru, Karnataka, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 18 April 2018 and is registered under CIN U72900KA2018FTC112381. The company has been struck off by the Registrar of Companies and is no longer operational.

Primaseller India had 2 directors:

The CIN (Corporate Identification Number) of Primaseller India is U72900KA2018FTC112381. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Primaseller India is at No.1351 32nd E – Cross 4th T Block Jayanagar, Bengaluru, Karnataka, India – 560041.

Primaseller India was incorporated on 18 April 2018. It is registered with the Registrar of Companies, Bangalore.

Yes, Primaseller India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Primaseller India can be reached through the website primaseller.com. Its registered office is in Bengaluru, Karnataka, India.

The latest financial statements of Primaseller India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.

No. Primaseller India has 1 GST registration on record and it is cancelled or inactive.