About Primenet Global Private Limited
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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.
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.
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- Registered AddressDarjiyan Wali Gali Rayya, Baba Bakala, Punjab, India – 143112
- IndustryInformation Technology, IT Consulting & Support Services
- 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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Financials of Primenet Global Private Limited FY 2025 filings available
Primenet Global Private Limited reported revenue of ₹41.51 Cr (up 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Primenet Global Private Limited
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 of Primenet Global Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Primenet Global Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Primenet Global are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Primenet Global Private Limited
Primenet Global Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Primenet Global Private Limited this company | ₹41.51 Cr (FY 2024) | •••• | •••• | 30.0% | •••• | 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 | |
| Dackwall Industry Private Limited | ₹25.54 Cr (FY 2020) | •••• | •••• | -2.0% | •••• | 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 |
Peers are the five companies nearest above and the five nearest below Primenet Global by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Primenet Global Private Limited
Primenet Global Private Limited is audited by S CHAND MITTAL AND CO. for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S CHAND MITTAL AND CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Kaushik Also directs: Welter Securities Limited, Primenet Tech Services Private Limited | Director | 26 Feb 2007 | 19 Years 7 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 0 Months | Current |
| Kailash Sharma | Director | 18 Oct 2021 | 4 Years 11 Months | Current |
Ownership and Shareholding of Primenet Global Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Primenet Global Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Dec 2024 | Others | ₹21.83 Lakh | Open |
| 11 Oct 2018 | Others | ₹30 Cr | Satisfied |
| 20 Mar 2018 | Others | ₹5 Cr | Satisfied |
| 16 Feb 2018 | Others | ₹250 Cr | Satisfied |
| 02 Jun 2017 | Vijaya Bank | ₹12.83 Lakh | Satisfied |
Total charge records: 29 View all charges
Associated Brands with Primenet Global Private Limited
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 |
Employees and EPFO Compliance at Primenet Global Private Limited
Primenet Global Private Limited has a workforce of 76 employees as of Feb 14, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Primenet Global Private Limited
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 |
Recent Activity on Primenet Global Private Limited
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.
66 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Primenet Global Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Primenet Global Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Primenet Global Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Primenet Global Private Limited
Primenet Global has 9 GST registrations: 9 active. The first 4 active GSTINs are listed below.
| 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 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Primenet Global Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Primenet Global Private Limited
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 reported revenue of ₹41.51 Cr for FY 2024 (up 30% YoY).
Primenet Global has 3 current directors:
- Vijay Kaushik - Director
- Sarvesh Kumar Sharma - Director
- Kailash Sharma - Director
Primenet Global reported a net profit of ₹1.19 Cr (net margin 2.9%) and EBITDA of -₹7.28 Cr (EBITDA margin -17.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Primenet Global is 6% over three years and 10% over five years. In the latest year (FY 2024) revenue rose 30%. CAGR is the steady yearly rate that links the first and the last year.
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 5 more, all in the Information Technology industry (IT Consulting and Services).
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.
Primenet Global can be reached through the website primenet.in. Its registered office is in Baba Bakala, Punjab, India.