Prime Rigs Limited - Company Profile

Q: Who are the current directors of Prime Rigs Limited?

The current directors of Prime Rigs Limited are Surinder Mehta, Archna Mehta, Venkatesh Babu Sundaragiri, Abhijeet Prakash, Rohan Mehta, Anil Sethi.

It is a machinery and equipment public limited company based in New Delhi, Delhi, India, established in 1995.

1995 New Delhi, Delhi, India Active

Last Updated: December 21, 2025

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About Prime Rigs Limited

Prime Rigs Limited, a active public limited company, was established on 01 May 1995 in New Delhi, Delhi, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: U29100DL1995PLC068048. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹4.73 M.

Formerly known as Prime Hitech Infrastructure Limited, Prime Hitech Private Limited. It upholds a compliant status. Employing 23 professional, Its leadership includes Surinder Mehta (Director), Archna Mehta (Director), Venkatesh Babu Sundaragiri (Ceo). Past directors included Vijay Sarpal, Archna Mehta, Venkatesh Babu Sundaragiri. It holds ₹5.00 M open charges and ₹5.32 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Prime Group Building, 11/5B, Pusa Road, New Delhi, Delhi, 110005.

Company Details

CIN/LLPIN
U29100DL1995PLC068048
Registration Number
068048
Incorporation Date
01 May 1995
Authorized Capital
₹5.00 M
Paid-Up Capital
₹4.73 M
ROC Code
Roc Delhi
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 5.00 M as on 21-12-2025
Paid Up Capital ₹ 4.73 M as on 21-12-2025
Company Age 30 Year, 10 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 5.00 M as on 21-12-2025
Satisfied Charges ₹ 5.32 M as on 21-12-2025
Revenue Growth **** 2.75% (FY 2023)
Profit Growth **** -59.76% (FY 2023)
Ebitda **** -179.08% (FY 2023)
Net Worth 22.43% (FY 2023)
Total Assets **** 20.15% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Prime Rigs Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Prime Rigs Limited?

Current Directors

Name	Designation	Appointment Date	Status
Surinder Mehta	Director	01 May 1995	Current
Archna Mehta	Director	26 Jul 2019	Current
Venkatesh Babu Sundaragiri	Ceo	01 Jan 2022	Current
Abhijeet Prakash	Director	23 Aug 2021	Current
Rohan Mehta	Director	20 Jun 2007	Current
Anil Sethi	Additional Director	01 Apr 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	02 Aug 2019	Past
Pramod Abcsdd	Additional Director	25 Sep 2019	Past
Pramod Abcsdd	Additional Director	29 Nov 2021	Past
Pramod Abcsdd	Additional Director	29 Nov 2021	Past
Pramod Abcsdd	Director	23 Jul 2015	Past
Pramod Abcsdd	Additional Director	30 Sep 2010	Past

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Financial Performance of Prime Rigs.

Prime Rigs Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.75% increase. The company also saw a substantial fall in profitability, with a 59.76% decrease in profit. The company's net worth Soared by an impressive increase of 22.43%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

2.75%

*******

Revenue from Operations

*******

-0.03%

*******

Total Assets

*******

20.15%

*******

Profit or Loss

*******

-59.76%

*******

Net Worth

*******

22.43%

*******

EBITDA

*******

-179.08%

*******

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What is the Ownership and Shareholding Structure of Prime Rigs?

In 2023, Prime Rigs had a promoter holding of 78.64% and a public holding of 21.36%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹5,000,000.00

Satisfied Charges

₹5,320,000.00

Charges Breakdown by Lending Institutions

Others : 0.50 Cr

Latest Charge Details

Date	Lender	Amount	Status
18 Jun 2025	Others	₹5.00 M	Open
31 Dec 2019	Others	₹2.66 M	Satisfied
28 Nov 2019	Others	₹2.66 M	Satisfied

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How Many Employees Work at Prime Rigs?

Prime Rigs has a workforce of 23 employees as of Mar 27, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Prime Rigs, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Prime Rigs's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Prime Rigs

Recent Activity within the Organization

Charges

Progress on A charge registered on 31 Dec 2019 via Charge ID 100315052 with Others was fully satisfied on 07 Jul 2025. was documented.
07 Jul 2025
Charges

A charge registered on 28 Nov 2019 via Charge ID 100309938 with Others was fully satisfied on 07 Jul 2025. was recorded as a recent event.
07 Jul 2025
Charges

Progress on A charge with Others amounted to Rs. 5.00 M with Charge ID 101132787 was registered on 18 Jun 2025. was documented.
18 Jun 2025
Director Appointment

Anil Sethi was appointed as a Additional Director was appointed as a Additional Director on 01 Apr 2025 & has been associated with this company since 11 months . was recorded as a recent event.
01 Apr 2025
Annual General Meeting

Prime Rigs Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.
30 Sep 2024
Balance Sheet

Prime Rigs Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi. was recorded as a recent event.
31 Mar 2024

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