MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0065768
Prime Forklifters Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹11.98 Cr
▲ 6% YoY
Net profit · FY 2025
₹66.82 Lakh
Net margin 5.6%
EBITDA · FY 2025
₹1.66 Cr
EBITDA margin 13.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹80 Lakh
Satisfied ₹1.2 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
30
Provident fund records
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.
Prime Forklifters Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0065768). 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.
Company details
CIN U29150KA2008PTC048108
Registration Number 048108
Incorporation Date 24 October 2008
ROC Bangalore
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-KR-03-0065768
Recognitions & Rankings of Prime Forklifters
Contact details
Prime Forklifters Private Limited's registered office is in Bangalore, Karnataka. Its website is primeforklifters.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- 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
To see the full contact details of Prime Forklifters Private Limited, buy the company report.
Comprehensive company report
Prime Forklifters Private Limited - one report that includes everything
- 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
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Brands
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 |
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Prime Forklifters Private Limited, buy the company report.
Financials of Prime Forklifters Private Limited
FY 2025 filings availablePrime Forklifters Private Limited reported revenue of ₹11.98 Cr (up 6% YoY) for FY 2025.
Revenue · FY 2025
₹11.98 Cr ▲ 6%
Net profit · FY 2025
₹66.82 Lakh margin 5.6%
EBITDA · FY 2025
₹1.66 Cr margin 13.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 7%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 5%
5 years · compounded
▲ 5%
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
| 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 | |||||
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| Total Assets | |||||
Financial Ratios
| 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 | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Prime Forklifters Private Limited, buy the company report.
Board of directors of Prime Forklifters Private Limited
Prime Forklifters has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raju Sarayu | Director | 24 Oct 2008 | 18 Years 0 Months | Current |
| Vijayalakshmi | Additional Director | 21 Feb 2022 | 4 Years 8 Months | Current |
| Loganathan Perumal | Director | 24 Oct 2008 | 18 Years 0 Months | Current |
Peer comparison
Prime Forklifters Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment 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 |
|---|---|---|---|---|---|---|
| D M Shah & Company Pvt Ltd | ₹12.04 Cr (FY 2025) | -6.0% | Kolkata, West Bengal, India | |||
| Frigsales Climate Technologies Private Limited | ₹11.99 Cr (FY 2018) | -18.0% | Chennai, Tamil Nadu, India | |||
| Emen Engineering Private Limited | ₹11.98 Cr (FY 2025) | -19.0% | Lucknow, Uttar Pradesh, India | |||
| Prime Forklifters Private Limitedthis company | ₹11.98 Cr (FY 2025) | ₹66.82 Lakh | 5.6% | 6.0% | 30 | Bangalore, Karnataka, India |
| Uniflex Hose Assembly Machines India Private Limited | ₹11.96 Cr (FY 2024) | 40.0% | Bangalore, Karnataka, India | |||
| Horst Engineering Private Limited | ₹11.89 Cr (FY 2024) | 20.0% | Bhiwadi, Rajasthan, India |
To see the full peer comparison of Prime Forklifters Private Limited, buy the company report.
Auditor
Prime Forklifters Private Limited is audited by MOHAMED SALEEM & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MOHAMED SALEEM & CO | FY 2023 | 002085S |
Shareholding
The shareholding of Prime Forklifters Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Prime Forklifters Private Limited, buy the company report.
Charges & borrowings
Open charges
₹80 Lakh
Satisfied charges
₹1.2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Sep 2025 | 101175221 | Hdfc Bank Limited | ₹30 Lakh | Open | |
| 20 Feb 2025 | 101080590 | Others | ₹50 Lakh | Open | |
| 19 Nov 2010 | 10255396 | Corporation Bank | ₹1.2 Cr | Satisfied |
To see the full charge records of Prime Forklifters Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Prime Forklifters Private 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 Forklifters Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prime Forklifters Private Limited has a workforce of 30 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
30
Active EPFO establishments
1
Employee growth
25%
GST
Prime Forklifters has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECP9254C1Z9 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prime Forklifters Private Limited, buy the company report.
Recent activity
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.
AGM
Prime Forklifters Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 30.00 Lakh with Charge ID 101175221 was registered on 03 Sep 2025.
Charges
A charge registered on 19 Nov 2010 via Charge ID 10255396 with Corporation Bank was fully satisfied on 13 Jun 2025.
Filing
Prime Forklifters Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 101080590 was registered on 20 Feb 2025.
Appointed
Vijayalakshmi was appointed as Additional Director.
Charges
A charge with Corporation Bank of Rs. 120.45 Lakh registered on 19 Nov 2010 with Charge ID 10255396 was modified on 16 Mar 2012.
Charges
A charge with Corporation Bank amounted to Rs. 120.45 Lakh with Charge ID 10255396 was registered on 19 Nov 2010.
Appointed
Loganathan Perumal was appointed as Director.
Appointed
Raju Sarayu was appointed as Director.
Incorporation
24 Oct 2008
Prime Forklifters Private Limited was registered on 24 Oct 2008 with Roc Bangalore & aged 18 years 10 days as per MCA records.
Frequently asked questions
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 has 3 current directors:
- Raju Sarayu - Director
- Vijayalakshmi - Additional Director
- Loganathan Perumal - Director
The latest financial statements of Prime Forklifters on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
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 D M Shah & Company Pvt Ltd, Frigsales Climate Technologies Private Limited, Emen Engineering Private Limited, Uniflex Hose Assembly Machines India Private Limited, Horst Engineering Private Limited, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
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.
Yes, Prime Forklifters is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0065768).
Prime Forklifters can be reached through the website primeforklifters.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Prime Forklifters is at No.26 Bangalore Co – Operative Industrial Estate Limited Old Madras Road Dooravani Naga, R, Karnataka, India – 560016.
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