About Prime Forklifters Private Limited
Data last updated:
Prime Forklifters Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 24 October 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29150KA2008PTC048108. Its GSTIN is 29AAECP9254C1Z9 (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Supreme Forklifters Private Limited. It is led by directors including Raju Sarayu and Loganathan Perumal.
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 No.26 Bangalore Co – Operative Industrial Estate Limited Old Madras Road Dooravani Naga, R, Karnataka, India – 560016.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.98 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹66.82 Lakh (net margin 5.6%) and EBITDA of ₹1.66 Cr (EBITDA margin 13.9%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 6% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Prime Forklifters. As per MCA filings, the company has open charges of ₹80 Lakh and satisfied charges of ₹1.2 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website primeforklifters.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.26 Bangalore Co – Operative Industrial Estate Limited Old Madras Road Dooravani Naga, R, Karnataka, India – 560016
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
- 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
- One PDF report, delivered after checkout
Business Activity of Prime Forklifters Private Limited
The main business activities of Prime Forklifters are trade and support service to organizations. In detail, this covers wholesale trading and other support services to organizations. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Prime Forklifters Private Limited FY 2025 filings available
Prime Forklifters Private Limited reported revenue of ₹11.98 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Prime Forklifters Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 6% growth in the latest year. EBITDA rose 9% 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 Prime Forklifters Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.66 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹66.82 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 Prime Forklifters Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.6% | •••• | •••• | •••• | •••• |
| 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 Prime Forklifters are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Prime Forklifters Private Limited
Prime Forklifters Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Trident Mercantile Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| D M Shah & Company Pvt Ltd | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Santein Engineering & Equipment Private Limited | •••• | •••• | •••• | •••• | 72 | Chennai, Tamil Nadu, India |
| Frigsales Climate Technologies Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Emen Engineering Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Prime Forklifters Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Dhope Infinity Exim Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Uniflex Hose Assembly Machines India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| Kaswa Finlease Private Limited | •••• | •••• | •••• | •••• | - | Jhunjhunu, Rajasthan, India |
| Hi Tech Powerfield Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Horst Engineering Private Limited | •••• | •••• | •••• | •••• | - | Bhiwadi, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Prime Forklifters by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Prime Forklifters Private Limited
Prime Forklifters Private Limited is audited by MOHAMED SALEEM & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MOHAMED SALEEM & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Prime Forklifters Private Limited
Prime Forklifters has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raju Sarayu | Director | 24 Oct 2008 | 17 Years 11 Months | Current |
| Vijayalakshmi | Additional Director | 21 Feb 2022 | 4 Years 7 Months | Current |
| Loganathan Perumal | Director | 24 Oct 2008 | 17 Years 11 Months | Current |
Ownership and Shareholding of Prime Forklifters Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Prime Forklifters Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Sep 2025 | Hdfc Bank Limited | ₹30 Lakh | Open |
| 20 Feb 2025 | Others | ₹50 Lakh | Open |
| 19 Nov 2010 | Corporation Bank | ₹1.2 Cr | Satisfied |
Total charge records: 3 View all charges
Associated Brands with Prime Forklifters Private Limited
Prime Forklifters operates one associated brand: Prime Forklifters. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supply of spare parts, rentals, and services for forklifts and material handling equipment. | primeforklifters.com |
Employees and EPFO Compliance at Prime Forklifters Private Limited
Prime Forklifters Private Limited has a workforce of 30 employees as of Mar 30, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Prime Forklifters Private Limited
Prime Forklifters Private Limited has 3 board changes on record since 2008: 3 appointments. The latest: Vijayalakshmi was appointed as Additional Director on 21 Feb 2022.
Credit Ratings, Litigation & Regulatory Alerts for Prime Forklifters Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Prime Forklifters Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Prime Forklifters Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Prime Forklifters Private Limited
Prime Forklifters has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECP9254C1Z9 | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Prime Forklifters Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Prime Forklifters Private Limited
Prime Forklifters is an active private limited company based in Bangalore, Karnataka, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 24 October 2008 (18+ years old) and is registered under CIN U29150KA2008PTC048108.
Prime Forklifters reported revenue of ₹11.98 Cr for FY 2025 (up 6% YoY).
Prime Forklifters has 3 current directors:
- Raju Sarayu - Director
- Vijayalakshmi - Additional Director
- Loganathan Perumal - Director
Prime Forklifters reported a net profit of ₹66.82 Lakh (net margin 5.6%) and EBITDA of ₹1.66 Cr (EBITDA margin 13.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Prime Forklifters is 7% over three years and 6% over five years. In the latest year (FY 2025) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Prime Forklifters is 29AAECP9254C1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Prime Forklifters is U29150KA2008PTC048108. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prime Forklifters was incorporated on 24 October 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Prime Forklifters by revenue are Trident Mercantile Private Limited, D M Shah & Company Pvt Ltd, Santein Engineering & Equipment Private Limited, Frigsales Climate Technologies Private Limited, Emen Engineering Private Limited and 5 more, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution).
Vijayalakshmi was appointed as Additional Director on 21 Feb 2022. Loganathan Perumal was appointed as Director on 24 Oct 2008. Raju Sarayu was appointed as Director on 24 Oct 2008.
Prime Forklifters can be reached through the website primeforklifters.com. Its registered office is in Bangalore, Karnataka, India.