Prime Professional Services Private Limited
About Prime Professional Services Private Limited
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Prime Professional Services Private Limited was a private limited company based in Jaipur, Rajasthan, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 18 April 2011.
The company was registered with the Registrar of Companies (ROC), Jaipur, under CIN U74140RJ2011PTC034843. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Kushal Kumar Jain and Mahendra Kumar Jain.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 74/29 Shipra Path Mansarovar, Jaipur, Rajasthan, India – 302020.
As per the financials filed for FY 2020, the company reported a revenue of ₹57,067, a decline of 90% compared to the previous year. For the same year it recorded a net profit of ₹7,430 (net margin 13%) and EBITDA of ₹12,331 (EBITDA margin 21.6%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years and 41% over five years.
Company details
Contact details
Prime Professional Services Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address74/29 Shipra Path Mansarovar, Jaipur, Rajasthan, India – 302020
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Prime Professional Services 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 Professional Services 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 |
To see the full business activity and turnover split of Prime Professional Services Private Limited, buy the company report.
Financials of Prime Professional Services Private Limited
FY 2020 filings availablePrime Professional Services Private Limited reported revenue of ₹57,067 (down 90% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 41% over five years, including a 90% fall in the latest year. EBITDA fell 20% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profit and Loss Statement | |||||
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| Total Revenue | ₹57,067 | ||||
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| EBITDA | ₹12,331 | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹7,430 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.6% | ||||
| Net Profit Margin | 13% | ||||
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To see the full financial statements and ratios of Prime Professional Services Private Limited, buy the company report.
Board of directors of Prime Professional Services Private Limited
Prime Professional Services has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kushal Kumar Jain | Director | 18 Apr 2011 | 15 Years 6 Months | As last reported |
| Mahendra Kumar Jain | Director | 01 Aug 2013 | 13 Years 2 Months | As last reported |
| Praveer Kumar Das | Director | 30 Sep 2015 | 11 Years 0 Months | As last reported |
Auditor
Prime Professional Services Private Limited is audited by N BHANDARI & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N BHANDARI & CO | FY 2020 | 003185C |
Shareholding
The shareholding of Prime Professional Services Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Prime Professional Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Prime Professional Services 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 Professional Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prime Professional Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Prime Professional Services Private Limited, buy the company report.
Recent activity
Prime Professional Services Private Limited has 6 board changes on record since 2011: 3 appointments and 3 cessations. The latest: Praveer Kumar Das was appointed as Director on 30 Sep 2015.
Frequently asked questions
Prime Professional Services has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Prime Professional Services was a private limited company based in Jaipur, Rajasthan, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 18 April 2011 and is registered under CIN U74140RJ2011PTC034843. The company has been struck off by the Registrar of Companies and is no longer operational.
Prime Professional Services had 3 directors:
- Kushal Kumar Jain - Director
- Mahendra Kumar Jain - Director
- Praveer Kumar Das - Director
The CIN (Corporate Identification Number) of Prime Professional Services is U74140RJ2011PTC034843. 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 Professional Services is at 7429 Shipra Path Mansarovar, Jaipur, Rajasthan, India – 302020.
Prime Professional Services was incorporated on 18 April 2011. It is registered with the Registrar of Companies, Jaipur.
The latest financial statements of Prime Professional Services on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Prime Professional Services has 1 GST registration on record and it is cancelled or inactive.
Prime Professional Services operated in the financial services industry, in the diversified financial services segment. It worked in this industry before it was struck off.
Praveer Kumar Das was appointed as Director on 30 Sep 2015. Rajendra Kumar Jain ceased to be Director on 30 Sep 2015. Ramji Lal Gupta ceased to be Director on 30 Sep 2015. Prime Professional Services has 6 board changes on record in total.