Prime Gases Private Limited - chemicals and materials in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U40104KA2014PTC076644 Incorporated 29 September 2014 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company chemicals and materials MSME · Small
Data last updated
Revenue · FY 2024
₹33.5 Cr
▲ 5% YoY
Net profit · FY 2024
₹51.73 Lakh
Net margin 1.5%
EBITDA · FY 2024
₹5.41 Cr
EBITDA margin 16.1%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Open charges
₹26.74 Cr
Satisfied ₹10 Lakh
Company age
12 yrs
Est. 2014
Employees · EPFO
84
Provident fund records

About Prime Gases Private Limited

Data last updated:

Prime Gases Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial and specialty gases segment of the chemicals and materials sector. It was incorporated on 29 September 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40104KA2014PTC076644. Its GSTIN is 29AAHCP8499A1ZX (Karnataka). The company holds 4 GST registrations, all of them active.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Sahasranam Ganesh (Managing Director) and Kalpathy Ramachandran Sahasranam.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.16 2nd Cross Hig Sector Rmv 11 Stage, Bangalore, Karnataka, India – 560094.

As per the financials filed for FY 2024, the company reported a revenue of ₹33.5 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹51.73 Lakh (net margin 1.5%) and EBITDA of ₹5.41 Cr (EBITDA margin 16.1%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 2% over five years.

The company has about 84 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹26.74 Cr and satisfied charges of ₹10 Lakh on record. Court records list 13 cases involving the company, including 6 filed by the company and 7 filed against it; 6 cases are pending.

Prime Gases Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0027725). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website primegases.com.

Company details

CIN U40104KA2014PTC076644
Registration Number 076644
Incorporation Date 29 September 2014
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0027725

Recognitions & Rankings of Prime Gases

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0027725

Contact details

Prime Gases Private Limited's registered office is in Bangalore, Karnataka. Its website is primegases.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    No.16 2nd Cross Hig Sector Rmv 11 Stage, Bangalore, Karnataka, India – 560094
  • Industry
    Chemicals and Materials, Industrial & Specialty Gases

To see the full contact details of Prime Gases Private Limited, buy the company report.

Comprehensive company report
Prime Gases 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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Business activity

The main business activity of Prime Gases is electricity, gas, steam and air condition supply. In detail, this covers manufacture of gas, distribution of gaseous fuels.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
DElectricity, gas, steam and air condition supplyD2Manufacture of gas, distribution of gaseous fuels

To see the full business activity and turnover split of Prime Gases Private Limited, buy the company report.

Financials of Prime Gases Private Limited

FY 2024 filings available

Prime Gases Private Limited reported revenue of ₹33.5 Cr (up 5% YoY) for FY 2024.

Revenue · FY 2024
₹33.5 Cr ▲ 5%
Net profit · FY 2024
₹51.73 Lakh margin 1.5%
EBITDA · FY 2024
₹5.41 Cr margin 16.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 14%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 26%
5 years · compounded
▲ 2%

Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 5% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹5.41 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹51.73 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin16.1%
Net Profit Margin1.5%
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

To see the full financial statements and ratios of Prime Gases Private Limited, buy the company report.

Board of directors of Prime Gases Private Limited

Prime Gases has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kalpathy Ramachandran SahasranamDirector23 Feb 201511 Years 8 MonthsCurrent
IshwaryaAdditional Director27 Mar 20251 Years 7 MonthsCurrent
Sahasranam GaneshManaging Director29 Sep 201412 Years 1 MonthsCurrent

Peer comparison

Prime Gases Private Limited is compared with the 5 companies closest to it by revenue in the Chemicals industry (Industrial Gases), with the same principal business activity (manufacture of gas, distribution of gaseous fuels), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sandesh Gases Private Limited₹35.49 Cr (FY 2024)39.0%Pune, Maharashtra, India
Gupta Industrial Gases Private Limited₹34.87 Cr (FY 2024)21.0%Hisar, Haryana, India
Manav Gases Private Limited₹33.82 Cr (FY 2025)20.0%Pune, Maharashtra, India
Prime Gases Private Limitedthis company₹33.5 Cr (FY 2024)₹51.73 Lakh1.5%5.0%84Bangalore, Karnataka, India
Seema Oxygen and Acetylene Gases Private Limited₹32.22 Cr (FY 2024)74.0%Faridabad, Haryana, India
Infiniti Gases Private Limited₹32.07 Cr (FY 2024)16.0%Auranagbad, Maharashtra, India

To see the full peer comparison of Prime Gases Private Limited, buy the company report.

Auditor

Prime Gases Private Limited is audited by RAMNARAIN & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
RAMNARAIN & COFY 2023003021S

Shareholding

The shareholding of Prime Gases 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Prime Gases Private Limited, buy the company report.

Charges & borrowings

Open charges
₹26.74 Cr
Satisfied charges
₹10 Lakh
Breakdown by lending institutions
Others₹24.64 Cr
Hdfc Bank Limited₹2.10 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 Oct 2024100995662Others₹13.07 LakhOpen
12 Apr 2024100937770Hdfc Bank Limited₹1.07 CrOpen
23 Mar 2017100106897Hdfc Bank Limited₹23.07 LakhOpen
23 Mar 2017100106899Hdfc Bank Limited₹28.3 LakhOpen
20 Sep 2016100066948Others₹24.51 CrOpen

To see the full charge records of Prime Gases Private Limited, buy the company report.

Total charge records: 7 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Prime Gases Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Prime Gases Private Limited has a workforce of 84 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.

Employee count
84
Active EPFO establishments
1
Employee growth
-9.68%

GST

Prime Gases has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
29AAHCP8499A1ZXKarnatakaActive01 Jul 2017
27AAHCP8499A1Z1MaharashtraActive01 Jul 2017
33AAHCP8499A1Z8Tamil NaduActive01 Jul 2017
36AAHCP8499A1Z2TelanganaActive08 Aug 2017

To see the full GST registrations and return filing status of Prime Gases Private Limited, buy the company report.

Recent activity

Prime Gases Private Limited has 5 board changes on record since 2014: 3 appointments and 2 cessations. The latest: Ishwarya was appointed as Additional Director on 27 Mar 2025.

Appointed
Ishwarya was appointed as Additional Director.
Charges
A charge with Others of Rs. 24.51 Cr registered on 20 Sep 2016 with Charge ID 100066948 was modified on 28 Feb 2025.
Charges
A charge with Others amounted to Rs. 0.13 Cr with Charge ID 100995662 was registered on 22 Oct 2024.
AGM
Prime Gases Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.07 Cr with Charge ID 100937770 was registered on 12 Apr 2024.
Filing
Prime Gases Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 100106897 was registered on 23 Mar 2017.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.28 Cr with Charge ID 100106899 was registered on 23 Mar 2017.
Charges
A charge registered on 16 Sep 2015 via Charge ID 10601973 with Corporation Bank was fully satisfied on 21 Sep 2016.
Charges
A charge with Others amounted to Rs. 24.51 Cr with Charge ID 100066948 was registered on 20 Sep 2016.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.51 Cr with Charge ID 100066737 was registered on 17 Sep 2016.
Ceased
Kalpathy Ramachandran Sahasranam ceased to be Additional Director.

5 earlier events are in the company report.

Frequently asked questions

Prime Gases is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial and specialty gases, within the chemicals and materials industry. It was incorporated on 29 September 2014 (12+ years old) and is registered under CIN U40104KA2014PTC076644.

Prime Gases has 3 current directors:

The latest financial statements of Prime Gases on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Prime Gases is 29AAHCP8499A1ZX, registered in Karnataka. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AAHCP8499A1Z1 (Maharashtra), 33AAHCP8499A1Z8 (Tamil Nadu), 36AAHCP8499A1Z2 (Telangana).

The CIN (Corporate Identification Number) of Prime Gases is U40104KA2014PTC076644. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Prime Gases has 13 court cases on record: 6 filed by the company and 7 filed against it. 6 are pending.

Prime Gases was incorporated on 29 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Prime Gases by revenue are Sandesh Gases Private Limited, Gupta Industrial Gases Private Limited, Manav Gases Private Limited, Seema Oxygen and Acetylene Gases Private Limited, Infiniti Gases Private Limited, all in the Chemicals industry (Industrial Gases), with the same principal business activity (manufacture of gas, distribution of gaseous fuels).

Ishwarya was appointed as Additional Director on 27 Mar 2025. Kalpathy Ramachandran Sahasranam ceased to be Additional Director on 27 Dec 2015. Kalpathy Ramachandran Sahasranam was appointed as Director on 23 Feb 2015. Prime Gases has 5 board changes on record in total.

Yes, Prime Gases is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0027725).

Prime Gases can be reached through the website primegases.com. Its registered office is in Bangalore, Karnataka, India.