MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0019742
Primastir Solutions Private Limited - business outsourcing in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.58 Cr
▲ 8% YoY
Net profit · FY 2024
₹47.4 Lakh
Net margin 4.5%
EBITDA · FY 2024
₹1.38 Cr
EBITDA margin 13%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.37 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
209
Provident fund records
About Primastir Solutions Private Limited
Data last updated:
Primastir Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 15 May 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U45400TN2014PTC095878. Its GSTIN is 33AAHCP6888R2ZB (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Primastir Infrastructure Management Solutions Private Limited. It is led by directors Elavarasan Sigamani and Baskaran.
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 Thiruvasantham New No 40 Old No 54 Teachers' Colony Adyar, Chennai, Tamil Nadu, India – 600020.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.58 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹47.4 Lakh (net margin 4.5%) and EBITDA of ₹1.38 Cr (EBITDA margin 13%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 30% over five years.
The company has about 209 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.37 Cr on record.
Primastir Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0019742). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website primastir.com.
Company Details of Primastir Solutions Private Limited
CIN U45400TN2014PTC095878
Registration Number 095878
Incorporation Date 15 May 2014
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0019742
Key People
Elavarasan Sigamani Director Baskaran Director Recognitions & Rankings of Primastir Solutions
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressThiruvasantham New No 40 Old No 54 Teachers' Colony Adyar, Chennai, Tamil Nadu, India – 600020
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
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Business Activity of Primastir Solutions Private Limited
The main business activity of Primastir Solutions is support service to organizations. In detail, this covers housekeeping & maintenance service.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N5 | Housekeeping & maintenance service | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Primastir Solutions Private Limited FY 2025 filings available
Primastir Solutions Private Limited reported revenue of ₹10.58 Cr (up 8% YoY) for FY 2024.
Revenue · FY 2024
₹10.58 Cr ▲ 8%
Net profit · FY 2024
₹47.4 Lakh margin 4.5%
EBITDA · FY 2024
₹1.38 Cr margin 13%
Compounded Annual Growth Rate (CAGR) of Primastir Solutions Private Limited
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 30%
5 years · compounded
▲ 30%
EBITDA CAGR growth
1 year
▲ 59%
3 years · compounded
▲ 66%
5 years · compounded
▲ 50%
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 8% growth in the latest year. EBITDA rose 59% 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 Primastir Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹1.38 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹47.4 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 of Primastir Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.5% | •••• | •••• | •••• | •••• |
| 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 Primastir Solutions are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Primastir Solutions Private Limited
Primastir Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Elavarasan Sigamani | Director | 04 Oct 2017 | 9 Years 0 Months | Current |
| Baskaran | Director | 15 May 2014 | 12 Years 5 Months | Current |
Peer Comparison of Primastir Solutions Private Limited
Primastir Solutions Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shvetant Healthcare Private Limited | ₹10.66 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Palampur, Himachal Pradesh, India |
| Arise Techglobal Private Limited | ₹10.65 Cr (FY 2025) | •••• | •••• | 145.0% | •••• | Hyderabad, Telangana, India |
| Ambit Semiconductors Private Limited | ₹10.64 Cr (FY 2025) | •••• | •••• | 130.0% | •••• | Bangalore, Karnataka, India |
| Moonworlds Merchants Private Limited | ₹10.59 Cr (FY 2024) | •••• | •••• | 61.0% | •••• | Kolkata, West Bengal, India |
| Elitmus Evaluation Private Limited | ₹10.59 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Bangalore, Karnataka, India |
| Primastir Solutions Private Limited this company | ₹10.58 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Chennai, Tamil Nadu, India |
| Mount Talent Consulting Private Limited | ₹10.58 Cr (FY 2024) | •••• | •••• | -48.0% | •••• | Noida, Uttar Pradesh, India |
| Auritas Technologies India Private Limited | ₹10.58 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Ludhiana, Punjab, India |
| Gold Coast IT Solutions Private Limited | ₹10.56 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Chennai, Tamil Nadu, India |
| MCC Consulting Private Limited | ₹10.56 Cr (FY 2023) | •••• | •••• | 179.0% | •••• | Hyderabad, Telangana, India |
| Sai Dham Industrial Services Private Limited | ₹10.55 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Bhiwadi, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Primastir Solutions by revenue in the Outsourcing industry (HR Outsourcing), 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 Primastir Solutions Private Limited
Primastir Solutions Private Limited is audited by M R HARSHA AND COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M R HARSHA AND COMPANY | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Primastir Solutions Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Primastir Solutions Private Limited
Open charges
₹1.37 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Nov 2025 | Others | ₹1 Cr | Open |
| 27 Apr 2022 | Others | ₹21.6 Lakh | Open |
| 10 Mar 2021 | Others | ₹15 Lakh | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Primastir Solutions Private Limited
Primastir Solutions Private Limited has a workforce of 209 employees as of Apr 09, 2024.
Employee count
209
Active EPFO establishments
1
Employee growth
-40.11%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Primastir Solutions Private Limited
Primastir Solutions Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Elavarasan Sigamani was appointed as Director on 04 Oct 2017.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 101233873 was registered on 19 Nov 2025.
AGM
Primastir Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Primastir Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 21.60 Lakh with Charge ID 100596096 was registered on 27 Apr 2022.
Charges
A charge with Others amounted to Rs. 15.00 Lakh with Charge ID 100452825 was registered on 10 Mar 2021.
Appointed
Elavarasan Sigamani was appointed as Director.
Ceased
Sangeetha ceased to be Director.
Appointed
Baskaran was appointed as Director.
Incorporation
15 May 2014
Primastir Solutions Private Limited was registered on 15 May 2014 with Roc Chennai & aged 12 years 5 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Primastir Solutions Private Limited
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MSME Payment Delays by Primastir Solutions Private Limited
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Subsidiaries & Group Companies of Primastir Solutions Private Limited
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GST Compliance of Primastir Solutions Private Limited
Primastir Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCP6888R2ZB | Tamil Nadu | Active | 09 Feb 2018 |
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MCA Filings & Documents of Primastir Solutions Private Limited
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Frequently Asked Questions about Primastir Solutions Private Limited
Primastir Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 15 May 2014 (12+ years old) and is registered under CIN U45400TN2014PTC095878.
Primastir Solutions reported revenue of ₹10.58 Cr for FY 2024 (up 8% YoY).
Primastir Solutions has 2 current directors:
- Elavarasan Sigamani - Director
- Baskaran - Director
Primastir Solutions reported a net profit of ₹47.4 Lakh (net margin 4.5%) and EBITDA of ₹1.38 Cr (EBITDA margin 13%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Primastir Solutions is 30% over three years and 30% over five years. In the latest year (FY 2024) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Primastir Solutions is 33AAHCP6888R2ZB, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Primastir Solutions is U45400TN2014PTC095878. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Primastir Solutions was incorporated on 15 May 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Primastir Solutions by revenue are Shvetant Healthcare Private Limited, Arise Techglobal Private Limited, Ambit Semiconductors Private Limited, Moonworlds Merchants Private Limited, Elitmus Evaluation Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Elavarasan Sigamani was appointed as Director on 04 Oct 2017. Sangeetha ceased to be Director on 04 Oct 2017. Baskaran was appointed as Director on 15 May 2014.
Yes, Primastir Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0019742).