- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0048302

About Prime Tele-Extrusions Limited
Data last updated:
Prime Tele-Extrusions Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 16 June 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1982PLC004808. Its GSTIN is 29AACCP0375N1Z0 (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹92.37 Lakh. It was formerly known as Channiah Engineering Industy P Ltd and Channiah Industries P Ltd. It is led by directors including Jaichand Lal Daga and Mukesh Kumar Daga.
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.143 C – 1 Bommasandra Indl. Area Hosur Road Bangalore, Karnataka, India – 560099.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.81 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹23.32 Lakh (net margin 1.1%) and EBITDA of ₹98.7 Lakh (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹11.73 Cr and satisfied charges of ₹10.64 Cr on record. Court records list 18 cases involving the company, including 14 filed by the company and 4 filed against it.
Prime Tele-Extrusions Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0048302). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website primepipes.com.
Company details
Name history
Prime Tele-Extrusions has undergone 2 name changes throughout its history. The company was previously known as Channiah Engineering Industy P Ltd, and Channiah Industries P Ltd. The current legal name is Prime Tele-Extrusions Limited.
| Company Name | Status |
|---|---|
| Prime Tele-Extrusions Limited | Current |
| Channiah Engineering Industy P Ltd | Previous |
| Channiah Industries P Ltd | Previous |
CIN history
Prime Tele-Extrusions has one previous CIN (Corporate Identification Number): U25209KA1982PLC004808. The current CIN is U85110KA1982PLC004808, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1982PLC004808 | Current |
| U25209KA1982PLC004808 | Previous |
Recognitions & Rankings of Prime Tele-Extrusions
Contact details
Prime Tele-Extrusions Limited's registered office is in Bangalore, Karnataka. Its website is primepipes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.143 C – 1 Bommasandra Indl. Area Hosur Road Bangalore, Karnataka, India – 560099
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Prime Tele-Extrusions 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 Tele-Extrusions is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Prime Tele-Extrusions Limited, buy the company report.
Financials of Prime Tele-Extrusions Limited
FY 2024 filings availablePrime Tele-Extrusions Limited reported revenue of ₹20.81 Cr (up 204% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 204% growth in the latest year. EBITDA rose 22% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹98.7 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.32 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.7% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Tele-Extrusions Limited, buy the company report.
Board of directors of Prime Tele-Extrusions Limited
Prime Tele-Extrusions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaichand Lal Daga Also directs: Prime Pipes & Fittings Private Limited, Daga Housing Private Limited, DFCL India Limited and 2 more | Director | 18 Oct 2000 | 26 Years 0 Months | Current |
| Mukesh Kumar Daga Also directs: Daga Housing Private Limited, Rishi Polymach Private Limited, Dhanashree Securities Andinvestment Company Limited and 1 more | Director | 29 Sep 2000 | 26 Years 1 Months | Current |
| Vikas Daga | Director | 25 Oct 2004 | 22 Years 0 Months | Current |
Peer comparison
Prime Tele-Extrusions Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sarvashree Industries Private Limited | ₹21.03 Cr (FY 2024) | -54.0% | Mungeriganj, Bihar, India | |||
| Siddharth Polytubes Private Limited | ₹20.84 Cr (FY 2024) | 10.0% | Raipur, Chhattisgarh, India | |||
| Prime Tele-Extrusions Limitedthis company | ₹20.81 Cr (FY 2024) | ₹23.32 Lakh | 1.1% | 204.0% | Bangalore, Karnataka, India | |
| Aquacon Resourcing Private Limited | ₹20.66 Cr (FY 2025) | -53.0% | Panchkula, Haryana, India |
To see the full peer comparison of Prime Tele-Extrusions Limited, buy the company report.
Auditor
Prime Tele-Extrusions Limited is audited by Virupaxi B Vantagitti for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Virupaxi B Vantagitti | FY 2023 | 215192 |
Shareholding
The shareholding of Prime Tele-Extrusions 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Prime Tele-Extrusions Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Nov 2022 | 100652710 | State Bank of India | ₹7 Cr | Open | |
| 31 Mar 2022 | 100579153 | State Bank of India | ₹4.73 Cr | Open | |
| 20 Nov 2020 | 100412662 | Others | ₹39.85 Lakh | Satisfied | |
| 30 May 2014 | 10507018 | Icici Bank Limited | ₹2.1 Cr | Satisfied | |
| 09 Apr 2012 | 10355680 | Others | ₹4.25 Cr | Satisfied |
To see the full charge records of Prime Tele-Extrusions Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Prime Tele-Extrusions Limited has 18 court cases on record: 14 filed by Prime Tele-Extrusions, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 0 | 0 |
| High courts | 6 | 4 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S. Jyoansh Projects Pvt Ltd., | Disposed |
| High Court, TAMIL NADU | Court case (WVMP) | Filed against the company by Bharat Sanchar Nigam Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Hindustan Plastic Machine Corporation and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Prime Tele-Extrusions 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
Prime Tele-Extrusions Limited has 2 MSME Form 1 returns on record, listing 15 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Sakkathi Polymers | |||
| Banthia Polymers | |||
| an individual supplier |
To see the full MSME payment records of Prime Tele-Extrusions Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Prime Tele-Extrusions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCP0375N1Z0 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prime Tele-Extrusions Limited, buy the company report.
Recent activity
Prime Tele-Extrusions Limited has 3 board changes on record since 2000: 3 appointments. The latest: Vikas Daga was appointed as Director on 25 Oct 2004.
14 earlier events are in the company report.
Frequently asked questions
Prime Tele-Extrusions is an active public limited company based in Bangalore, Karnataka, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 16 June 1982 (44+ years old) and is registered under CIN U85110KA1982PLC004808.
Prime Tele-Extrusions has 3 current directors:
- Jaichand Lal Daga - Director
- Mukesh Kumar Daga - Director
- Vikas Daga - Director
The latest financial statements of Prime Tele-Extrusions 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 Tele-Extrusions is 29AACCP0375N1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Prime Tele-Extrusions is U85110KA1982PLC004808. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prime Tele-Extrusions has 18 court cases on record: 14 filed by the company and 4 filed against it. Most are in the district courts.
Prime Tele-Extrusions was incorporated on 16 June 1982, making it 44+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Prime Tele-Extrusions by revenue are Sarvashree Industries Private Limited, Siddharth Polytubes Private Limited, Aquacon Resourcing Private Limited, all in the Manufacturing industry (Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Vikas Daga was appointed as Director on 25 Oct 2004. Jaichand Lal Daga was appointed as Director on 18 Oct 2000. Mukesh Kumar Daga was appointed as Director on 29 Sep 2000.
Yes, Prime Tele-Extrusions is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0048302).
Prime Tele-Extrusions has 2 MSME Form 1 returns on record, listing 15 overdue payments to 8 micro and small suppliers. The latest return was filed on 07 Jun 2019.
Prime Tele-Extrusions can be reached through the website primepipes.com. Its registered office is in Bangalore, Karnataka, India.

