
About Prime Services Private Limited
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Prime Services Private Limited is a private limited company based in Nagpur, Maharashtra, India, recognised as a startup by DPIIT. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 28 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U70200MH2020PTC336694. Its GSTIN is 27AALCP0170C1ZP (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Kumarvaibhav Vidyarthi (Managing Director) and Niharika Suresh Gajbhiye.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Flat No. F – 1 Ground Floor Anant Shree Sankul Temple Road Civil Lines, Nagpur, Maharashtra, India – 440001.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.99 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.84 Lakh (net margin 1%) and EBITDA of ₹3.98 Lakh (EBITDA margin 1.3%).
The company has about 36 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹98 Lakh on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
For more details, the company can be reached via its website primeservicesindia.com.
Company details
CIN history
Prime Services has one previous CIN (Corporate Identification Number): U74999MH2020PTC336694. The current CIN is U70200MH2020PTC336694, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70200MH2020PTC336694 | Current |
| U74999MH2020PTC336694 | Previous |
Recognitions & Rankings of Prime Services
Contact details
Prime Services Private Limited's registered office is in Nagpur, Maharashtra.
- Social Media
- Registered AddressFlat No. F – 1 Ground Floor Anant Shree Sankul Temple Road Civil Lines, Nagpur, Maharashtra, India – 440001
- IndustryTravel and Hospitality, Consumer Professional Services
- 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 Services is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Prime Services Private Limited, buy the company report.
Financials of Prime Services Private Limited
FY 2023 filings availablePrime Services Private Limited reported revenue of ₹2.99 Cr (up 644% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 644% in the latest year. EBITDA rose 352% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹2.99 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹3.98 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2.84 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1.3% | |||
| Net Profit Margin | 1% | |||
| 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 Services Private Limited, buy the company report.
Board of directors of Prime Services Private Limited
Prime Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kumarvaibhav Vidyarthi | Managing Director | 28 Jan 2020 | 6 Years 9 Months | Current |
| Niharika Suresh Gajbhiye | Director | 12 Apr 2023 | 3 Years 6 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Oct 2023 | 100831462 | Others | ₹98 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Prime Services Private Limited has 3 court cases on record: 1 filed by Prime Services, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case SC) | Filed against the company by Ingram Micro India Ltd | Disposed |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Ms. Vodafone Essar Celluar Ltd. | Disposed |
To see the full case history of Prime Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prime Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prime Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCP0170C1ZP | Maharashtra | Active | 01 Aug 2020 |
To see the full GST registrations and return filing status of Prime Services Private Limited, buy the company report.
Recent activity
Prime Services Private Limited has 5 board changes on record since 2020: 2 appointments and 3 cessations. The latest: Niharika Suresh Gajbhiye ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Prime Services is an active private limited company based in Nagpur, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 28 January 2020 (6+ years old) and is registered under CIN U70200MH2020PTC336694.
Prime Services has 2 current directors:
- Kumarvaibhav Vidyarthi - Managing Director
- Niharika Suresh Gajbhiye - Director
The latest financial statements of Prime Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Prime Services is 27AALCP0170C1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Prime Services is U70200MH2020PTC336694. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prime Services has 3 court cases on record: 1 filed by the company and 2 filed against it.
Prime Services was incorporated on 28 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Nagpur.
Niharika Suresh Gajbhiye ceased to be Additional Director on 29 Sep 2023. Surya Kiran Mohindru ceased to be Additional Director on 29 Sep 2023. Komal Archana Vidyarathi ceased to be Director on 15 Apr 2023. Prime Services has 5 board changes on record in total.
Yes, Prime Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Prime Services can be reached through the website primeservicesindia.com. Its registered office is in Nagpur, Maharashtra, India.