MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-03-0005980
Primenet Global Private Limited - information technology in Baba Bakala, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹41.51 Cr
▲ 30% YoY
Net profit · FY 2024
₹1.19 Cr
Net margin 2.9%
EBITDA · FY 2024
-₹7.28 Cr
EBITDA margin -17.5%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹16.24 Cr
Issued & subscribed
Open charges
₹21.83 Lakh
Satisfied ₹300 Cr
Company age
42 yrs
Est. 1984
Employees · EPFO
76
Provident fund records
About Primenet Global Private Limited
Data last updated:
Primenet Global Private Limited is a private limited company based in Baba Bakala, Punjab, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 27 December 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72200PB1984PTC053753. Its GSTIN is 06AAACP7080N1Z2 (Haryana). The company holds 9 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹16.24 Cr. It is led by directors including Vijay Kaushik and Sarvesh Kumar Sharma.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Darjiyan Wali Gali Rayya, Baba Bakala, Punjab, India – 143112.
As per the financials filed for FY 2024, the company reported a revenue of ₹41.51 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹1.19 Cr (net margin 2.9%) and EBITDA of -₹7.28 Cr (EBITDA margin -17.5%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 10% over five years.
The company has about 76 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Primenet. As per MCA filings, the company has open charges of ₹21.83 Lakh and satisfied charges of ₹300 Cr on record.
Primenet Global Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-03-0005980). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website primenet.in.
Company details
CIN U72200PB1984PTC053753
Registration Number 053753
Incorporation Date 27 December 1984
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-03-0005980
CIN history
Primenet Global has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72200PB1984PTC053753, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200PB1984PTC053753 | Current |
| L72200DL1984PLC019697 | Previous |
| U72200PB1984PLC053753 | Previous |
| U72200DL1984PLC019697 | Previous |
Recognitions & Rankings of Primenet Global
Contact details
Primenet Global Private Limited's registered office is in Baba Bakala, Punjab. Its website is primenet.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDarjiyan Wali Gali Rayya, Baba Bakala, Punjab, India – 143112
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Primenet Global Private Limited, buy the company report.
Comprehensive company report
Primenet Global 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
Primenet Global operates one associated brand: Primenet. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers internet services, networking solutions, and IT security for businesses. | primenet.in |
Financials of Primenet Global Private Limited
FY 2025 filings availablePrimenet Global Private Limited reported revenue of ₹41.51 Cr (up 30% YoY) for FY 2024.
Revenue · FY 2024
₹41.51 Cr ▲ 30%
Net profit · FY 2024
₹1.19 Cr margin 2.9%
EBITDA · FY 2024
-₹7.28 Cr margin -17.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 6%
5 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 30% growth 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 | ₹41.51 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹7.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.19 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| 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 | -17.5% | ||||
| Net Profit Margin | 2.9% | ||||
| 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 Primenet Global Private Limited, buy the company report.
Board of directors of Primenet Global Private Limited
Primenet Global has 3 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Kaushik Also directs: Welter Securities Limited, Primenet Tech Services Private Limited | Director | 26 Feb 2007 | 19 Years 8 Months | Current |
| Sarvesh Kumar Sharma Also directs: Deo Steel and Mines LLP, Welter Securities Limited, Primenet Web Technologies Private Limited and 1 more | Director | 19 Sep 2011 | 15 Years 1 Months | Current |
| Kailash Sharma | Director | 18 Oct 2021 | 5 Years 0 Months | Current |
Peer comparison
Primenet Global Private Limited is compared with the 9 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Primenet Global Private Limitedthis company | ₹41.51 Cr (FY 2024) | ₹1.19 Cr | 2.9% | 30.0% | 76 | Baba Bakala, Punjab, India |
| Nevaeh Technology Private Limited | ₹25.96 Cr (FY 2024) | 11.0% | Kolkata, West Bengal, India | |||
| Cyberspace Networking Systems Private Limited | ₹25.92 Cr (FY 2024) | 7.0% | New Delhi, Delhi, India | |||
| Acceltree Software Private Limited | ₹25.76 Cr (FY 2025) | 10.0% | Pune, Maharashtra, India | |||
| Mobisoft Infotech Private Limited | ₹25.76 Cr (FY 2023) | 21.0% | Pune, Maharashtra, India | |||
| Rheal Software Private Limited | ₹25.73 Cr (FY 2023) | 334.0% | Mumbai, Maharashtra, India | |||
| Great Media Technologies Pvt Ltd | ₹25.6 Cr (FY 2025) | 97.0% | Kolkata, West Bengal, India | |||
| Akiko Sherman Infotech Private Limited | ₹25.54 Cr (FY 2024) | New Delhi, Delhi, India | ||||
| Telit Communications India Private Limited | ₹25.49 Cr (FY 2022) | 21.0% | Bangalore, Karnataka, India | |||
| Incubation Systems Private Limited | ₹25.44 Cr (FY 2025) | -13.0% | Delhi, India |
To see the full peer comparison of Primenet Global Private Limited, buy the company report.
Auditor
Primenet Global Private Limited is audited by S CHAND MITTAL AND CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S CHAND MITTAL AND CO. | FY 2024 | 0009818N |
Shareholding
The shareholding of Primenet Global Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Primenet Global Private Limited, buy the company report.
Charges & borrowings
Open charges
₹21.83 Lakh
Satisfied charges
₹300 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2024 | 101020745 | Others | ₹21.83 Lakh | Open | |
| 11 Oct 2018 | 100213487 | Others | ₹30 Cr | Satisfied | |
| 20 Mar 2018 | 100207071 | Others | ₹5 Cr | Satisfied | |
| 16 Feb 2018 | 100210863 | Others | ₹250 Cr | Satisfied | |
| 02 Jun 2017 | 100106440 | Vijaya Bank | ₹12.83 Lakh | Satisfied |
To see the full charge records of Primenet Global Private Limited, buy the company report.
Total charge records: 29 View all charges
Legal cases
No court or tribunal cases involving Primenet Global 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
No delayed payments to MSME suppliers are on our record for Primenet Global Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Primenet Global Private Limited has a workforce of 76 employees on its EPFO records as of Feb 14, 2025, across 1 active EPFO establishment.
Employee count
76
Active EPFO establishments
1
Employee growth
18.75%
GST
Primenet Global has 9 GST registrations: 9 active. The first 4 active GSTINs are listed below.
Total GSTINs
9
Active
9
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACP7080N1Z2 | Haryana | Active | 01 Jul 2017 |
| 07AAACP7080N1Z0 | Delhi | Active | 01 Jul 2017 |
| 27AAACP7080N1ZY | Maharashtra | Active | 01 Jul 2017 |
| 09AAACP7080N1ZW | Uttar Pradesh | Active | 03 Jul 2017 |
To see the full GST registrations and return filing status of Primenet Global Private Limited, buy the company report.
Recent activity
Primenet Global Private Limited has 17 board changes on record since 2007: 3 appointments and 14 cessations. The latest: Sarvesh Kumar Sharma ceased to be Director on 31 Mar 2024.
AGM
Primenet Global Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Primenet Global Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Others amounted to Rs. 0.22 Cr with Charge ID 101020745 was registered on 27 Dec 2024.
Charges
A charge registered on 01 Dec 2014 via Charge ID 10537905 with Vijaya Bank was fully satisfied on 30 Apr 2024.
Ceased
Sarvesh Kumar Sharma ceased to be Director.
Ceased
Vijay Kaushik ceased to be Director.
Charges
A charge registered on 16 Feb 2018 via Charge ID 100210863 with Others was fully satisfied on 06 Apr 2023.
Charges
A charge registered on 02 Jun 2017 via Charge ID 100106440 with Vijaya Bank was fully satisfied on 19 Nov 2022.
Ceased
Kailash Sharma ceased to be Additional Director.
Ceased
Rakesh Kumar ceased to be Whole-Time Director.
Appointed
Kailash Sharma was appointed as Director.
Ceased
Mohini Agarwal ceased to be Director.
66 earlier events are in the company report.
Frequently asked questions
Primenet Global is an active private limited company based in Baba Bakala, Punjab, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 27 December 1984 (42+ years old) and is registered under CIN U72200PB1984PTC053753.
Primenet Global has 3 current directors:
- Vijay Kaushik - Director
- Sarvesh Kumar Sharma - Director
- Kailash Sharma - Director
The latest financial statements of Primenet Global on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Primenet Global is 06AAACP7080N1Z2, registered in Haryana. The company has 9 GST registrations in all, of which 9 are active. Other active GSTINs include 07AAACP7080N1Z0 (Delhi), 27AAACP7080N1ZY (Maharashtra), 09AAACP7080N1ZW (Uttar Pradesh).
The CIN (Corporate Identification Number) of Primenet Global is U72200PB1984PTC053753. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Primenet Global was incorporated on 27 December 1984, making it 42+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Primenet Global by revenue are Nevaeh Technology Private Limited, Cyberspace Networking Systems Private Limited, Acceltree Software Private Limited, Mobisoft Infotech Private Limited, Rheal Software Private Limited and 4 more, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (other information & communication service activities).
Sarvesh Kumar Sharma ceased to be Director on 31 Mar 2024. Vijay Kaushik ceased to be Director on 31 Mar 2024. Kailash Sharma ceased to be Additional Director on 30 Nov 2021. Primenet Global has 17 board changes on record in total.
Yes, Primenet Global is registered as a small enterprise under Udyam registration (number: UDYAM-DL-03-0005980).
Primenet Global can be reached through the website primenet.in. Its registered office is in Baba Bakala, Punjab, India.
The registered office of Primenet Global is at Darjiyan Wali Gali Rayya, Baba Bakala, Punjab, India – 143112.