MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0011212
_PRIVATE_LIMITED.webp)
Primee Silicones (Chennai) Private Limited - chemicals and materials in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹13.36 Cr
▲ 15% YoY
Net profit · FY 2024
₹16.2 Lakh
Net margin 1.2%
EBITDA · FY 2024
₹1.38 Cr
EBITDA margin 10.3%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.36 Cr
Issued & subscribed
Open charges
₹2.08 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Directors on board
3
As per MCA filings
About Primee Silicones (Chennai) Private Limited
Data last updated:
Primee Silicones (Chennai) Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 15 October 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24100TN2012PTC088069. Its GSTIN is 33AAGCP9041H1ZF (Tamil Nadu).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.36 Cr. It is led by directors including Giridharan Ramaswamy (Managing Director) and Venkataramana Bandepalli.
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 405 SIDCO Industrial Estate, Chennai, Tamil Nadu, India – 600098.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.36 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹16.2 Lakh (net margin 1.2%) and EBITDA of ₹1.38 Cr (EBITDA margin 10.3%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 7% over five years.
The company is associated with 1 brand: Primee Silicones. As per MCA filings, the company has open charges of ₹2.08 Cr on record.
Primee Silicones (Chennai) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0011212). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website primeesilicones.com.
Company details
CIN U24100TN2012PTC088069
Registration Number 088069
Incorporation Date 15 October 2012
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0011212
Key People
Giridharan Ramaswamy Managing Director Venkataramana Bandepalli Director Saraswathi Thevi Kanniah Director Recognitions & Rankings of Primee Silicones (Chennai)
Contact details
Primee Silicones (Chennai) Private Limited's registered office is in Chennai, Tamil Nadu. Its website is primeesilicones.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address405 SIDCO Industrial Estate, Chennai, Tamil Nadu, India – 600098
- IndustryChemicals and Materials, Petrochemicals & Derivatives
To see the full contact details of Primee Silicones (Chennai) Private Limited, buy the company report.
Comprehensive company report
Primee Silicones (Chennai) Private Limited - one report that includes everything
- 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
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Brands
Primee Silicones (Chennai) operates one associated brand: Primee Silicones. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Production of speciality fluids, greases, lubricants, and synthetic water by Primee Silicones. | primeesilicones.com |
Business activity
The main business activity of Primee Silicones (Chennai) is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Primee Silicones (Chennai) Private Limited, buy the company report.
Financials of Primee Silicones (Chennai) Private Limited
FY 2024 filings availablePrimee Silicones (Chennai) Private Limited reported revenue of ₹13.36 Cr (up 15% YoY) for FY 2024.
Revenue · FY 2024
₹13.36 Cr ▲ 15%
Net profit · FY 2024
₹16.2 Lakh margin 1.2%
EBITDA · FY 2024
₹1.38 Cr margin 10.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 9%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 76%
5 years · compounded
▲ 11%
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 15% growth in the latest year. EBITDA fell 2% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.2 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.3% | ||||
| Net Profit Margin | 1.2% | ||||
| 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 Primee Silicones (Chennai) Private Limited, buy the company report.
Board of directors of Primee Silicones (Chennai) Private Limited
Primee Silicones (Chennai) has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkataramana Bandepalli | Director | 15 Oct 2012 | 14 Years 0 Months | Current |
| Giridharan Ramaswamy | Managing Director | 15 Oct 2012 | 14 Years 0 Months | Current |
| Saraswathi Thevi Kanniah | Director | 12 Jul 2018 | 8 Years 3 Months | Current |
Auditor
Primee Silicones (Chennai) Private Limited is audited by MNCA & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MNCA & Company | FY 2023 | 014903S |
Shareholding
The shareholding of Primee Silicones (Chennai) 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Primee Silicones (Chennai) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.08 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Aug 2015 | 10600351 | City Union Bank Limited | ₹7.8 Lakh | Open | |
| 10 Jan 2014 | 10479803 | City Union Bank Limited | ₹2 Cr | Open |
To see the full charge records of Primee Silicones (Chennai) Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Primee Silicones (Chennai) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Primee Silicones (Chennai) Private Limited has 7 MSME Form 1 returns on record between 2021 and 2024, listing 41 overdue payments to 9 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 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shakti Containers Private Limited | |||
| an individual supplier | |||
| Purelubricants Chennai Private Limited | |||
| Veer Industrial Chem | |||
| Pure Chemicals |
To see the full MSME payment records of Primee Silicones (Chennai) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Primee Silicones (Chennai) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCP9041H1ZF | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Primee Silicones (Chennai) Private Limited, buy the company report.
Recent activity
Primee Silicones (Chennai) Private Limited has 6 board changes on record since 2012: 3 appointments and 3 cessations. The latest: Anantharaman ceased to be Additional Director on 30 Sep 2019.
Charges
A charge with City Union Bank Limited of Rs. 2.00 Cr registered on 10 Jan 2014 with Charge ID 10479803 was modified on 05 Jul 2025.
AGM
Primee Silicones (Chennai) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Primee Silicones (Chennai) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Anantharaman ceased to be Additional Director.
Ceased
Venkatasubramanian Sundararaman ceased to be Director.
Ceased
Saraswathi Thevi Kanniah ceased to be Additional Director.
Appointed
Saraswathi Thevi Kanniah was appointed as Director.
Charges
A charge with City Union Bank Limited amounted to Rs. 0.08 Cr with Charge ID 10600351 was registered on 14 Aug 2015.
Charges
A charge with City Union Bank Limited amounted to Rs. 2.00 Cr with Charge ID 10479803 was registered on 10 Jan 2014.
Appointed
Giridharan Ramaswamy was appointed as Managing Director.
Appointed
Venkataramana Bandepalli was appointed as Director.
Incorporation
15 Oct 2012
Primee Silicones (Chennai) Private Limited was registered on 15 Oct 2012 with Roc Chennai & aged 14 years 24 days as per MCA records.
Frequently asked questions
Primee Silicones (Chennai) is an active private limited company based in Chennai, Tamil Nadu, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 15 October 2012 (14+ years old) and is registered under CIN U24100TN2012PTC088069.
Primee Silicones (Chennai) has 3 current directors:
- Giridharan Ramaswamy - Managing Director
- Venkataramana Bandepalli - Director
- Saraswathi Thevi Kanniah - Director
The latest financial statements of Primee Silicones (Chennai) 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 Primee Silicones (Chennai) is 33AAGCP9041H1ZF, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Primee Silicones (Chennai) is U24100TN2012PTC088069. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Primee Silicones (Chennai) was incorporated on 15 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chennai.
Anantharaman ceased to be Additional Director on 30 Sep 2019. Venkatasubramanian Sundararaman ceased to be Director on 05 Jan 2019. Saraswathi Thevi Kanniah ceased to be Additional Director on 29 Sep 2018. Primee Silicones (Chennai) has 6 board changes on record in total.
Yes, Primee Silicones (Chennai) is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0011212).
Primee Silicones (Chennai) has 7 MSME Form 1 returns on record between 2021 and 2024, listing 41 overdue payments to 9 micro and small suppliers. The latest return was filed on 26 Apr 2024.
Primee Silicones (Chennai) can be reached through the website primeesilicones.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Primee Silicones (Chennai) is at 405 SIDCO Industrial Estate, Chennai, Tamil Nadu, India – 600098.
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