Primero Enserve (India) Private Limited - Company Profile

It is a business outsourcing private limited company based in Chennai, Tamil Nadu, India, established in 1997.
1997 Chennai, Tamil Nadu, India Active
Last Updated:
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About Primero Enserve (India) Private Limited

Primero Enserve (India) Private Limited, a active private limited company, was established on 31 March 1997 in Chennai, Tamil Nadu, India. Engaging in business & it consulting within the professional, scientific and technical sector, it holds CIN: U29249TN1997PTC037847. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹2.10 M and a paid-up capital of ₹2.07 M.

It upholds a compliant status. Its leadership includes Latha Balamukundan (Director), Nidamangala Srinivasa Balamukundan (Director), Richa Sarraf (Director). Past directors included Richa Sarraf. It holds ₹1.50 M open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at New No. 8, Old No.11, 6Th Cross Street, Karpagam Gardens, Adyar,, Chennai, Tamil Nadu, 600020.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U29249TN1997PTC037847

  • Registration Number

    037847

  • Incorporation Date

    31 March 1997

  • Authorized Capital

    ₹2.10 M

  • Paid-Up Capital

    ₹2.07 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.10 M
  • Paid Up Capital ₹ 2.07 M
  • Company Age 28 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.50 M
  • Revenue Growth **** -72.45%
  • Profit Growth **** -178.96%
  • Ebitda **** -177.32%
  • Net Worth -27.93%
  • Total Assets -7.83%
Company report

Primero Enserve (India) Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Primero Enserve (India) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Primero Enserve (India) Private Limited?
Current Directors
Name Designation Appointment Date Status
Latha Balamukundan Director 17 Jun 1998 Current
Nidamangala Srinivasa Balamukundan Director 31 Mar 1997 Current
Richa Sarraf Director 30 Jan 2017 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 27 Sep 2017 Past

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Financial Performance of Primero Enserve (India).

Primero Enserve (India) Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 72.45% decrease. The company also saw a substantial fall in profitability, with a 178.96% decrease in profit. The company's net worth observed a substantial decline by a decrease of 27.93%.

Primero Enserve (India) revenue growth over time
Primero Enserve (India) profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -72.45%
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*******
*******
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Revenue from Operations
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 -72.50%
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*******
*******
*******
Total Assets
*******
 -7.83%
*******
*******
*******
*******
Profit or Loss
*******
 -178.96%
*******
*******
*******
*******
Net Worth
*******
 -27.93%
*******
*******
*******
*******
EBITDA
*******
 -177.32%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Primero Enserve (India)?

In 2019, Primero Enserve (India) had a promoter holding of 56.84% and a public holding of 43.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹1,500,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Indian Bank : 0.15 Cr
Latest Charge Details
Date Lender Amount Status
27 Sep 2005 Indian Bank ₹1.50 M Open

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How Many Employees Work at Primero Enserve (India)?

Unlock and access historical data on people associated with Primero Enserve (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Primero Enserve (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Primero Enserve (India)'s trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Primero Enserve (India)
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Primero Enserve (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Primero Enserve (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was recorded as a recent event.

  • Director Appointment

    The activity Richa Sarraf was appointed as a Director was appointed as a Director on 30 Jan 2017 & has been associated with this company since 9 years 29 days . was completed.

  • Charges

    Progress on A charge with Indian Bank of Rs. 1.50 M registered on 27 Sep 2005 with Charge ID 90288413 was modified on 28 Oct 2014. was documented.

  • Charges

    Progress on A charge with Indian Bank amounted to Rs. 1.50 M with Charge ID 90288413 was registered on 27 Sep 2005. was documented.

  • Director Appointment

    Progress on Latha Balamukundan was appointed as a Director was appointed as a Director on 17 Jun 1998 & has been associated with this company since 27 years 8 months . was documented.

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Frequently Asked Questions
What is the CIN of Primero Enserve (India) Private Limited?

The CIN of Primero Enserve (India) Private Limited is U29249TN1997PTC037847.

Where is Primero Enserve (India) Private Limited headquartered?

Primero Enserve (India) Private Limited is headquartered at New No. 8, Old No.11, 6Th Cross Street, Karpagam Gardens, Adyar,, Chennai, Tamil Nadu, 600020.

When was Primero Enserve (India) Private Limited incorporated?

Primero Enserve (India) Private Limited was incorporated on 31 March 1997.

Who are the current directors of Primero Enserve (India) Private Limited?

The current directors of Primero Enserve (India) Private Limited are

What is the primary industry of Primero Enserve (India) Private Limited?

The primary industry of Primero Enserve (India) Private Limited is Professional, Scientific And Technical.

Is Primero Enserve (India) Private Limited a listed company?

Primero Enserve (India) Private Limited is unlisted.

What is the capital structure of Primero Enserve (India) Private Limited?

The authorized capital of Primero Enserve (India) Private Limited is ₹2.10 M, and the paid-up capital is ₹2.07 M.

What is the compliance status of Primero Enserve (India) Private Limited?

The compliance status of Primero Enserve (India) Private Limited is Compliant.

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