Prime Source Technologies Private Limited

Importer and distributor of computer hardware and related items, serving reseller, OEM, and corporate markets.

1994 | T.NagarChennai 17., Tamil Nadu (India) | Active
Last Updated:

Prime Source Technologies Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.60 M
  • Company Age 30 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.90 Cr
  • Satisfied Charges ₹ 5.46 Cr
  • Revenue Growth 50.15%
  • Profit Growth 75.67%
  • Ebitda 75.03%
  • Net Worth 38.48%
  • Total Assets 87.27%

About Prime Source Technologies

Prime Source Technologies Private Limited (PSTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 September 1994 and has a history of 30 years and eight months. Its registered office is in T.Nagar,Chennai 17., Tamil Nadu.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.60 M.

The company currently has active open charges totaling ₹7.90 Cr. The company has closed loans amounting to ₹5.46 Cr, as per Ministry of Corporate Affairs (MCA) records.

Subramanyan Venkatesan and Subramanyan Natarajan serve as directors at the Company.

Company Details

  • Location T.Nagar,Chennai 17., Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31300TN1994PTC028760

  • Company No.

    028760

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Sep 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

What products or services does Prime Source Technologies Private Limited offer?

Prime Source Technologies Private Limited offers a wide range of products and services, including Computer Cabinets, Computer Chassis, Computer Parts, PC Controller, Computer Hardware & Peripherals, Electric Circuit Components & Spares, Telecom Rack, Power Supply Systems, Electronic Appliances Circuit Boards, PCB Circuit.

Company report

Prime Source Technologies Private Limited

Explore comprehensive data for Prime Source Technologies Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Prime Source Technologies?

Board Members (2)

NameDesignationAppointment DateStatus
Subramanyan Venkatesan Country flag representing In Director 29-Sep-1994Current
Subramanyan Natarajan Country flag representing In Director 29-Sep-1994Current

Financial Performance of Prime Source Technologies.

Prime Source Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 50.15% increase. The company also saw a substantial improvement in profitability, with a 75.67% increase in profit. The company's net worth Soared by an impressive increase of 38.48%.

Prime Source Technologies revenue growth over time
Prime Source Technologies profit and loss trends over time
  • 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
50.15%
Revenue from Operations
50.59%
Total Assets
87.27%
Profit or Loss
75.67%
Net Worth
38.48%
EBITDA
75.03%

What is the Ownership and Shareholding Structure of Prime Source Technologies?

In 2023, Prime Source Technologies had a promoter holding of 59.38% and a public holding of 40.63%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹79.00 M

Satisfied Charges

₹54.58 M

Charges Breakdown by Lending Institutions

  • Others : 7.90 Cr

Latest Charge Details

DateLenderAmountStatus
27 Apr 2022Others₹7.90 CrOpen
28 Sep 2020Others₹3.08 MSatisfied
23 Jul 2020Others₹2.50 MSatisfied
29 Jan 2001Bank Of Baroda₹4.90 CrSatisfied

How Many Employees Work at Prime Source Technologies?

Unlock and access historical data on people associated with Prime Source Technologies, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Prime Source Technologies Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prime Source Technologies, 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 Source Technologies's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

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.

Latest Updates, News, and FAQs on Prime Source Technologies

Recent activity within the organization

  • Annual General Meeting

    Prime Source Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Prime Source Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge with Others of Rs. 79.00 M registered on 27 Apr 2022 with Charge ID 100567634 was modified on 27 Dec 2023.

  • Charges

    A charge with Others amounted to Rs. 79.00 M with Charge ID 100567634 was registered on 27 Apr 2022.

  • Charges

    A charge registered on 28 Sep 2020 via Charge ID 100376628 with Others was fully satisfied on 20 Apr 2022.

  • Charges

    A charge registered on 23 Jul 2020 via Charge ID 100376627 with Others was fully satisfied on 20 Apr 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Prime Source Technologies Private Limited?

    Prime Source Technologies Private Limited was incorporated on 29 Sep 1994.

  • What is authorized share capital and paid-up capital of Prime Source Technologies Private Limited?

    The authorized share capital of Prime Source Technologies Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.60 M.

  • Who are the current board members & directors of Prime Source Technologies Private Limited?

    Currently 2 directors are associated with Prime Source Technologies Private Limited.

    • Subramanyan Venkatesan
    • Subramanyan Natarajan
  • What is the registered address of Prime Source Technologies Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Prime Source Technologies Private Limited is 13 Ramkrishna Street T.Nagar, Chennai India, T.NagarChennai 17., Tamil Nadu.

  • What is the corporate identification number (CIN) and company number of Prime Source Technologies Private Limited?

    The corporate identification number (CIN) of Prime Source Technologies Private Limited is U31300TN1994PTC028760 and the company number is 028760 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Prime Source Technologies Private Limited?

    The Official website of Prime Source Technologies Private Limited is https://www.primesource.in

  • What has been the recent revenue trend for Prime Source Technologies Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Prime Source Technologies Private Limited has risen by 50.15%.

  • What change has been observed in the net worth of Prime Source Technologies Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Prime Source Technologies Private Limited has experienced an upsurge of 38.48%.

  • What are the total open charges for Prime Source Technologies Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Prime Source Technologies Private Limited amount to ₹ 7.90 Cr.

  • When was the last Balance Sheet of Prime Source Technologies Private Limited filed with the ROC?

    The most recent Balance Sheet for Prime Source Technologies Private Limited was filed with the ROC on 31 Mar 2024.

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