Prime Commosales Private Limited
About Prime Commosales Private Limited
Data last updated:
Prime Commosales Private Limited was a private limited company based in Howrah, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 17 March 2009.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2009PTC133906.
The company had an authorised share capital of ₹19 Lakh and a paid-up capital of ₹19 Lakh. It was led by directors Naresh Khandelwal and Amit Paul.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 18/3 Kuchil Sarkar 1st Bye Lane Kadamtala, Howrah, West Bengal, India – 711101.
As per the financials filed for FY 2021, the company reported a revenue of ₹35.45 Lakh, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹36.32 Lakh (net margin 102.5%) and EBITDA of ₹37.55 Lakh (EBITDA margin 105.9%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 16% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Prime Commosales Private Limited's registered office is in Howrah, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address18/3 Kuchil Sarkar 1st Bye Lane Kadamtala, Howrah, West Bengal, India – 711101
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Prime Commosales Private 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 Commosales is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
Financials of Prime Commosales Private Limited
FY 2021 filings availablePrime Commosales Private Limited reported revenue of ₹35.45 Lakh (up 2% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 16%. EBITDA rose 180% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹37.55 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹36.32 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 105.9% | ||||
| Net Profit Margin | 102.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Prime Commosales Private Limited, buy the company report.
Board of directors of Prime Commosales Private Limited
Prime Commosales has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naresh Khandelwal | Director | 24 Aug 2019 | 7 Years 2 Months | As last reported |
| Amit Paul | Director | 17 Mar 2009 | 17 Years 7 Months | As last reported |
Peer comparison
Prime Commosales Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vanaspati Creation Private Limited | ₹35.53 Lakh (FY 2020) | -62.0% | Surat, Gujarat, India | |||
| Predict Fabtech Private Limited | ₹35.52 Lakh (FY 2016) | -69.0% | Surat, Gujarat, India | |||
| Prime Commosales Private Limitedthis company | ₹35.45 Lakh (FY 2021) | ₹36.32 Lakh | 102.5% | 2.0% | Howrah, West Bengal, India | |
| Satyaman Texpark Private Limited | ₹35.43 Lakh (FY 2025) | 3.0% | Bhilwara, Rajasthan, India | |||
| Flora Distributors Private Limited | ₹35.42 Lakh (FY 2022) | 4.0% | Delhi, India |
To see the full peer comparison of Prime Commosales Private Limited, buy the company report.
Auditor
Prime Commosales Private Limited is audited by S A R P & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S A R P & ASSOCIATES | FY 2019 | 007375C |
Shareholding
The shareholding of Prime Commosales Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Prime Commosales Private Limited, buy the company report.
Legal cases
Prime Commosales Private Limited has 1 court case on record: 1 filed by Prime Commosales. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Prime Commosales 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prime Commosales Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Prime Commosales has 3 associated companies. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Prime Commosales Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Prime Commosales Private Limited has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Naresh Khandelwal ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Prime Commosales 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 Commosales was a private limited company based in Howrah, West Bengal, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 17 March 2009 and is registered under CIN U51909WB2009PTC133906. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Prime Commosales was incorporated on 17 March 2009. It is registered with the Registrar of Companies, Kolkata.
Prime Commosales had 2 directors:
- Naresh Khandelwal - Director
- Amit Paul - Director
The CIN (Corporate Identification Number) of Prime Commosales is U51909WB2009PTC133906. 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 Commosales is at 183 Kuchil Sarkar 1st Bye Lane Kadamtala, Howrah, West Bengal, India – 711101.
The latest financial statements of Prime Commosales on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
Prime Commosales operated in the home and lifestyle industry, in the textile retail and distribution segment.
The peers of Prime Commosales by revenue are Vanaspati Creation Private Limited, Predict Fabtech Private Limited, Satyaman Texpark Private Limited, Flora Distributors Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Prime Commosales has 1 court case on record: 1 filed by the company.
Naresh Khandelwal ceased to be Additional Director on 30 Sep 2019. Naresh Khandelwal was appointed as Director on 24 Aug 2019. Binod Kumar Behera ceased to be Additional Director on 30 Sep 2016. Prime Commosales has 6 board changes on record in total.
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