About Primecare Pharma Private Limited
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Primecare Pharma Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 14 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC111171. Its GSTIN is 29AADCF3368G1ZH (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It was formerly known as First Excel Enterprises Private Limited. It is led by directors including Mohamed Umar Nayaz and Parveez Ahmed.
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.450/19 3rd Cross Wilson Garden, Bangalore, Karnataka, India – 560027.
As per the financials filed for FY 2024, the company reported a revenue of ₹33.78 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹2.39 Cr (net margin 7.1%) and EBITDA of ₹2.45 Cr (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 78% over three years.
The company has about 22 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Primecare Hospital. As per MCA filings, the company has open charges of ₹20 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 2 cases are pending.
For more details, the company can be reached via its website primecareglobal.com.
Company details
Contact details
Primecare Pharma Private Limited's registered office is in Bangalore, Karnataka. Its website is primecareglobal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.450/19 3rd Cross Wilson Garden, Bangalore, Karnataka, India – 560027
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Primecare Pharma 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
Brands
Primecare Pharma operates one associated brand: Primecare Hospital. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides primary care, specialists, diagnostics, and home visits in hospitals. | primecarehospital.com |
Business activity
The main business activity of Primecare Pharma is hospital and medical care. In detail, this covers hospital activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q1 | Hospital activities |
To see the full business activity and turnover split of Primecare Pharma Private Limited, buy the company report.
Financials of Primecare Pharma Private Limited
FY 2024 filings availablePrimecare Pharma Private Limited reported revenue of ₹33.78 Cr (up 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 78% over three years, including 15% growth in the latest year. EBITDA rose 345% 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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| EBITDA | ₹2.45 Cr | ||||
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| Net Profit (PAT) | ₹2.39 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 7.3% | ||||
| Net Profit Margin | 7.1% | ||||
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To see the full financial statements and ratios of Primecare Pharma Private Limited, buy the company report.
Board of directors of Primecare Pharma Private Limited
Primecare Pharma has 6 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sayed Jawad Wajid | Additional Director | 30 Jan 2025 | 1 Years 9 Months | Current |
| Venkatapathi Naidu Bharani Also directs: Bvsrhd Business Solutions Private Limited | Additional Director | 25 Jun 2023 | 3 Years 4 Months | Current |
| Thummalakuntla Venkata Sivudu Also directs: Bvsrhd Business Solutions Private Limited | Additional Director | 25 Jun 2023 | 3 Years 4 Months | Current |
| Mohamed Umar Nayaz Also directs: Pharmolife Biotechnologies Private Limited, Gloaid Pharma Private Limited, Coreshelters Infra Private Limited and 4 more | Director | 14 Mar 2018 | 8 Years 7 Months | Current |
| Parveez Ahmed Also directs: Pharmolife Biotechnologies Private Limited, Gloaid Pharma Private Limited, Coreshelters Infra Private Limited and 5 more | Director | 14 Mar 2018 | 8 Years 7 Months | Current |
| Quazi Abdul Wali | Additional Director | 06 May 2025 | 1 Years 5 Months | Current |
Auditor
Primecare Pharma Private Limited is audited by NAGARAJ AND AJITH CHARTERED ACCOUNTATNTS for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAGARAJ AND AJITH CHARTERED ACCOUNTATNTS | FY 2023 | 214035 |
Shareholding
The shareholding of Primecare Pharma Private 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 Primecare Pharma Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Feb 2025 | 101046264 | State Bank of India | ₹20 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Primecare Pharma Private Limited has 4 court cases on record: 4 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raipur, Chhattisgarh | Court case (COMPLAINT CASES) | Filed against the company by Antaral Finance and Investment Pvt Ltd. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Neogrowth Credit Pvt. Ltd. | Disposed |
| District court, Raipur, Chhattisgarh | Court case (COMPLAINT CASES) | Filed against the company by Antral Finance and Investment Private Limited | Pending |
| District court, Raipur, Chhattisgarh | Court case (COMPLAINT CASES) | Filed against the company by Antral Finance and Investment Pvt Ltd | Pending |
To see the full case history of Primecare Pharma 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 Primecare Pharma Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Primecare Pharma Private Limited has a workforce of 22 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Primecare Pharma has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCF3368G1ZH | Karnataka | Active | 04 Oct 2018 |
| 29AADCF3368G2ZG | Karnataka | Active | 28 Apr 2022 |
| 29AADCF3368G3ZF | Karnataka | Active | 05 Oct 2023 |
To see the full GST registrations and return filing status of Primecare Pharma Private Limited, buy the company report.
Recent activity
Primecare Pharma Private Limited has 6 board changes on record since 2018: 6 appointments. The latest: Quazi Abdul Wali was appointed as Additional Director on 06 May 2025.
Frequently asked questions
Primecare Pharma is an active private limited company based in Bangalore, Karnataka, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 14 March 2018 (8+ years old) and is registered under CIN U74999KA2018PTC111171.
Primecare Pharma has 6 current directors:
- Sayed Jawad Wajid - Additional Director
- Venkatapathi Naidu Bharani - Additional Director
- Thummalakuntla Venkata Sivudu - Additional Director
- Mohamed Umar Nayaz - Director
- Parveez Ahmed - Director
- Quazi Abdul Wali - Additional Director
The latest financial statements of Primecare Pharma 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 FY 2018 are in the company report.
The GSTIN of Primecare Pharma is 29AADCF3368G1ZH, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AADCF3368G2ZG (Karnataka), 29AADCF3368G3ZF (Karnataka).
The CIN (Corporate Identification Number) of Primecare Pharma is U74999KA2018PTC111171. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Primecare Pharma has 4 court cases on record: 4 filed against it. 2 are pending.
Primecare Pharma was incorporated on 14 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Quazi Abdul Wali was appointed as Additional Director on 06 May 2025. Sayed Jawad Wajid was appointed as Additional Director on 30 Jan 2025. Thummalakuntla Venkata Sivudu was appointed as Additional Director on 25 Jun 2023. Primecare Pharma has 6 board changes on record in total.
Primecare Pharma can be reached through the website primecareglobal.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Primecare Pharma is at No.45019 3rd Cross Wilson Garden, Bangalore, Karnataka, India – 560027.
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