Prime Assetsource Private Limited Company Logo

Prime Assetsource Private Limited - Company Profile

It is a financial services private limited company based in Bangalore, Karnataka, India, established in 2009.

2009 | Bangalore, Karnataka, India | Active
Last Updated:

About Prime Assetsource Private Limited

Prime Assetsource Private Limited, a active private limited company, was established on 16 June 2009 in Bangalore, Karnataka, India. Engaging in equipment leasing & financing within the support service to organizations sector, it holds CIN: U72200KA2009PTC050135. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹2.00 Cr.

It upholds a compliant status. Employing 24 professional, Its leadership includes Preet Navinchand Sonawala (Director), Kempe Gowda Raghavendra (Director). Past directors included Deepa Kaushik Sonawala, Kempe Gowda Raghavendra, Manish Ojha. It holds ₹38.95 Cr open charges and ₹29.83 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 58/1, Level 1 To Level 4, 13Th Cross Margosa Road, Malleswaram, Bangalore, Karnataka, 560003.

Company Details

  • CIN/LLPIN

    U72200KA2009PTC050135

  • Registration Number

    050135

  • Incorporation Date

    16 June 2009

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹2.00 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 16 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 38.95 Cr
  • Satisfied Charges ₹ 29.83 Cr
  • Revenue Growth 28.53%
  • Profit Growth 239.91%
  • Ebitda -3.76%
  • Net Worth 12.18%
  • Total Assets 25.15%
Company report

Prime Assetsource Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Prime Assetsource Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report Banner Element

Who are the key members and board of directors at Prime Assetsource Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Preet Navinchand SonawalaDirector16 Jun 2009Current
Kempe Gowda RaghavendraDirector06 Jun 2018Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector30 Oct 2018Past
Pramod AbcsddAdditional Director29 Sep 2018Past
Pramod AbcsddAdditional Director29 Sep 2018Past
Pramod AbcsddDirector02 Sep 2014Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Prime Assetsource.

Prime Assetsource Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.53% increase. The company also saw a substantial improvement in profitability, with a 239.91% increase in profit. The company's net worth Soared by an impressive increase of 12.18%.

Prime Assetsource revenue growth over time
Prime Assetsource profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
28.53%
Revenue from Operations
27.93%
Total Assets
25.15%
Profit or Loss
239.91%
Net Worth
12.18%
EBITDA
-3.76%

What is the Ownership and Shareholding Structure of Prime Assetsource?

In 2023, Prime Assetsource had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹389,490,000.00

Satisfied Charges

₹298,280,476.80

Charges Breakdown by Lending Institutions

  • Others : 38.95 Cr

Latest Charge Details

DateLenderAmountStatus
31 May 2025Others₹5.00 CrOpen
13 Sep 2019Others₹33.95 CrOpen
05 Oct 2018Others₹1.27 CrSatisfied
04 Jul 2018Others₹1.03 CrSatisfied
05 Dec 2017Others₹1.05 CrSatisfied

Explore comprehensive loan charge details -

How Many Employees Work at Prime Assetsource?

Prime Assetsource has a workforce of 24 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Prime Assetsource Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prime Assetsource, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Prime Assetsource's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Prime Assetsource

Recent Activity within the Organization

  • Charges

    The activity A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101106110 was registered on 31 May 2025. was completed.

  • Charges

    Progress on A charge with Others of Rs. 33.95 Cr registered on 13 Sep 2019 with Charge ID 100302638 was modified on 23 Dec 2024. was documented.

  • Annual General Meeting

    Prime Assetsource Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Prime Assetsource Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.

  • Charges

    A charge registered on 16 Nov 2016 via Charge ID 100061859 with Dbs Bank Ltd was fully satisfied on 17 Aug 2021. was recorded as a recent event.

  • Charges

    A charge registered on 21 Aug 2013 via Charge ID 10450468 with Dbs Bank Ltd. was fully satisfied on 17 Aug 2021. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Prime Assetsource Private Limited?

    The CIN of Prime Assetsource Private Limited is U72200KA2009PTC050135.

  • Where is Prime Assetsource Private Limited headquartered?

    Prime Assetsource Private Limited is headquartered at 58/1, Level 1 To Level 4, 13Th Cross Margosa Road, Malleswaram, Bangalore, Karnataka, 560003.

  • When was Prime Assetsource Private Limited incorporated?

    Prime Assetsource Private Limited was incorporated on 16 June 2009.

  • Who are the current directors of Prime Assetsource Private Limited?

    The current directors of Prime Assetsource Private Limited are

  • What is the primary industry of Prime Assetsource Private Limited?

    The primary industry of Prime Assetsource Private Limited is Support Service To Organizations.

  • Is Prime Assetsource Private Limited a listed company?

    Prime Assetsource Private Limited is unlisted.

  • What is the capital structure of Prime Assetsource Private Limited?

    The authorized capital of Prime Assetsource Private Limited is ₹2.00 Cr, and the paid-up capital is ₹2.00 Cr.

  • What is the compliance status of Prime Assetsource Private Limited?

    The compliance status of Prime Assetsource Private Limited is Compliant.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial