About Prime Commodities Broking (India) Limited
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Prime Commodities Broking (India) Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Prime Securities Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 24 April 2006.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH2006PLC161313.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹50 Lakh. It was led by directors including Vinay Motwani and Jayakumar Narayanswami.
Its last annual general meeting (AGM) was held on 15 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 1109/1110 Maker Chambers V Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2020, the company reported a revenue of ₹47.52 Lakh, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹2.67 Lakh (net margin 5.6%) and EBITDA of ₹46.88 Lakh (EBITDA margin 98.7%).
As per MCA filings, the company had satisfied charges of ₹4.7 Cr on record.
The last known website on record is primesec.com.
Company details
Contact details
Prime Commodities Broking (India) Limited's registered office is in Mumbai, Maharashtra. Its website is primesec.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1109/1110 Maker Chambers V Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Prime Commodities Broking (India) Limited, buy the company report.
- 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
Business activity
The main business activity of Prime Commodities Broking (India) is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
Financials of Prime Commodities Broking (India) Limited
FY 2020 filings availablePrime Commodities Broking (India) Limited reported revenue of ₹47.52 Lakh (up 20% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 20% in the latest year. EBITDA rose 19% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹46.88 Lakh | ||||
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| Net Profit (PAT) | ₹2.67 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | 98.7% | ||||
| Net Profit Margin | 5.6% | ||||
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To see the full financial statements and ratios of Prime Commodities Broking (India) Limited, buy the company report.
Board of directors of Prime Commodities Broking (India) Limited
Prime Commodities Broking (India) has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Motwani | Director | 25 Jan 2011 | 15 Years 9 Months | As last reported |
| Jayakumar Narayanswami Also directs: Statin Enterprise LLP, Prime Securities Limited, Prime Research and Advisory Limited and 2 more | Director | 23 Jun 2014 | 12 Years 4 Months | As last reported |
| Ajay Jitendra Shah Also directs: Gateway Entertainment Limited | Director | 24 Apr 2006 | 20 Years 6 Months | As last reported |
Peer comparison
Prime Commodities Broking (India) Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Proarth Consultants Private Limited | ₹47.6 Lakh (FY 2025) | 108.0% | Pune, Maharashtra, India | |||
| Prime Commodities Broking (India) Limitedthis company | ₹47.52 Lakh (FY 2020) | ₹2.67 Lakh | 5.6% | 20.0% | Mumbai, Maharashtra, India | |
| Echowin Wealth Private Limited | ₹47.51 Lakh (FY 2024) | 27.0% | Hyderabad, Telangana, India | |||
| Baba Banda Bahadur Finvest Private Limited | ₹47.5 Lakh (FY 2025) | 52.0% | Delhi, India |
To see the full peer comparison of Prime Commodities Broking (India) Limited, buy the company report.
Auditor
Prime Commodities Broking (India) Limited is audited by ARUN BEDEKAR & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARUN BEDEKAR & CO | FY 2018 | 123640W |
Shareholding
The shareholding of Prime Commodities Broking (India) Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Prime Commodities Broking (India) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Apr 2018 | 100173152 | Others | ₹4.7 Cr | Satisfied |
To see the full charge records of Prime Commodities Broking (India) Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Prime Commodities Broking (India) Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prime Commodities Broking (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Prime Commodities Broking (India) Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Prime Commodities Broking (India) Limited has 8 board changes on record since 2006: 3 appointments and 5 cessations. The latest: Jayakumar Narayanswami ceased to be Additional Director on 22 Jun 2015.
1 earlier event is in the company report.
News
Frequently asked questions
Prime Commodities Broking (India) has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Prime Commodities Broking (India) was a public limited company based in Mumbai, Maharashtra, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 24 April 2006 and is registered under CIN U67120MH2006PLC161313. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Prime Commodities Broking (India) was incorporated on 24 April 2006. It is registered with the Registrar of Companies, Mumbai.
Prime Commodities Broking (India) had 3 directors:
- Vinay Motwani - Director
- Jayakumar Narayanswami - Director
- Ajay Jitendra Shah - Director
The CIN (Corporate Identification Number) of Prime Commodities Broking (India) is U67120MH2006PLC161313. 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 Prime Commodities Broking (India) is at 11091110 Maker Chambers V Nariman Point, Mumbai, Maharashtra, India – 400021.
Prime Commodities Broking (India) can be reached through the website primesec.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Prime Commodities Broking (India) on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 15 September 2020. Year-wise statements from 2015 are in the company report.
Prime Commodities Broking (India) operated in the financial services industry, in the diversified financial services segment.
The peers of Prime Commodities Broking (India) by revenue are Proarth Consultants Private Limited, Echowin Wealth Private Limited, Baba Banda Bahadur Finvest Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (financial advisory, brokerage and consultancy services).
Jayakumar Narayanswami ceased to be Additional Director on 22 Jun 2015. Vinay Motwani ceased to be Additional Director on 22 Jun 2015. Jayakumar Narayanswami was appointed as Director on 23 Jun 2014. Prime Commodities Broking (India) has 8 board changes on record in total.
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