MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0271051
Primero Hospitalities LLP
Primero Hospitalities LLP - travel and hospitality in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹11.52 Cr
▲ 87% YoY
Net profit · FY 2023
₹54.62 Lakh
Net margin 4.7%
EBITDA · FY 2023
₹2.22 Cr
EBITDA margin 19.2%
Contribution obligation
₹1 Lakh
As per LLP agreement
Open charges
₹1.5 Cr
Secured borrowings
LLP age
7 yrs
Est. 2019
Employees · EPFO
15
Provident fund records
Designated partners
2
As per MCA filings
About Primero Hospitalities LLP
Data last updated:
Primero Hospitalities LLP is a limited liability partnership (LLP) based in Bangalore, Karnataka, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 06 August 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAQ-1656. Its GSTIN is 29AAXFP8660N1ZX (Karnataka).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Naveen Thirupalaya Venugopala Reddy and Veena Raghava Reddy.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹11.52 Cr, a growth of 87% compared to the previous year. For the same year it recorded a net profit of ₹54.62 Lakh (net margin 4.7%) and EBITDA of ₹2.22 Cr (EBITDA margin 19.2%).
The LLP has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹1.5 Cr on record.
Primero Hospitalities LLP is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0271051).
Company details
LLPIN AAQ-1656
Incorporation Date 06 August 2019
Total Obligation of Contribution ₹1 Lakh
ROC Bangalore
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-KR-03-0271051
Key People
Naveen Thirupalaya Venugopala Reddy Designated Partner Veena Raghava Reddy Designated Partner Recognitions & Rankings of Primero Hospitalities
Contact details
Primero Hospitalities LLP's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.697 15th Cross, 2nd Phase, Bangalore, Karnataka, India – 560078
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Primero Hospitalities LLP, buy the company report.
Comprehensive company report
Primero Hospitalities LLP - 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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Financials of Primero Hospitalities LLP
FY 2025 filings availablePrimero Hospitalities LLP reported revenue of ₹11.52 Cr (up 87% YoY) for FY 2023.
Revenue · FY 2023
₹11.52 Cr ▲ 87%
Net profit · FY 2023
₹54.62 Lakh margin 4.7%
EBITDA · FY 2023
₹2.22 Cr margin 19.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 87%
EBITDA CAGR growth
1 year
▲ 60%
Revenue rose 87% in the latest year. EBITDA rose 60% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Income and Expenditure | ||||
| Turnover | ||||
| Other Income | ||||
| Total Income | ||||
| Purchases and Direct Costs | ||||
| Personnel Expenses | ||||
| Administrative Expenses | ||||
| Interest | ||||
| Depreciation | ||||
| Total Expenses | ||||
| Profit Before Tax | ||||
| Tax | ||||
| Profit After Tax | ₹54.62 Lakh | |||
| Profit Transferred to Partners | ||||
| Assets and Liabilities | ||||
| Partners' Contribution | ||||
| Reserves and Surplus | ||||
| Secured Loans | ||||
| Unsecured Loans | ||||
| Trade Payables | ||||
| Other Liabilities and Provisions | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Loans and Advances | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| Net Profit Margin | 4.7% | |||
| Return on Partners' Funds | ||||
| Return on Assets | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Debt to Partners' Funds | ||||
| Interest Coverage | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Turnover Growth | ||||
| Profit Growth | ||||
To see the full financial statements and ratios of Primero Hospitalities LLP, buy the company report.
Designated partners of Primero Hospitalities LLP
Primero Hospitalities has 2 designated partners on record. No former designated partners are listed.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naveen Thirupalaya Venugopala Reddy Also directs: Future Nest Ventures LLP, Amalgamated Property Developers Private Limited, Nisarga Dhama Estates Private Limited and 1 more | Designated Partner | 06 Aug 2019 | 7 Years 3 Months | Current |
| Veena Raghava Reddy | Designated Partner | 06 Aug 2019 | 7 Years 3 Months | Current |
Charges & borrowings
Open charges
₹1.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jun 2023 | 100884540 | Hdfc Bank Limited | ₹1.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Primero Hospitalities LLP 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 Primero Hospitalities LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Primero Hospitalities LLP has a workforce of 15 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
Employee count
15
Active EPFO establishments
1
Employee growth
-37.5%
GST
Primero Hospitalities has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAXFP8660N1ZX | Karnataka | Active | 07 Oct 2019 |
To see the full GST registrations and return filing status of Primero Hospitalities LLP, buy the company report.
Recent activity
Primero Hospitalities LLP has 2 designated partner changes on record since 2019: 2 appointments. The latest: Naveen Thirupalaya Venugopala Reddy was appointed as Designated Partner on 06 Aug 2019.
AGM
Primero Hospitalities Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Primero Hospitalities Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 150.00 Lakh with Charge ID 100884540 was registered on 06 Jun 2023.
Appointed
Naveen Thirupalaya Venugopala Reddy was appointed as Designated Partner.
Appointed
Veena Raghava Reddy was appointed as Designated Partner.
Incorporation
06 Aug 2019
Primero Hospitalities Llp was registered on 06 Aug 2019 with Roc Bangalore & aged 7 years 3 months as per MCA records.
Frequently asked questions
Primero Hospitalities is an active limited liability partnership based in Bangalore, Karnataka, India. The LLP works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 06 August 2019 (7+ years old) and is registered under LLPIN AAQ-1656.
Primero Hospitalities has 2 current designated partners:
- Naveen Thirupalaya Venugopala Reddy - Designated Partner
- Veena Raghava Reddy - Designated Partner
The latest financial statements of Primero Hospitalities on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Primero Hospitalities is 29AAXFP8660N1ZX, registered in Karnataka.
The LLPIN (Limited Liability Partnership Identification Number) of Primero Hospitalities is AAQ-1656. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Primero Hospitalities was incorporated on 06 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Naveen Thirupalaya Venugopala Reddy was appointed as Designated Partner on 06 Aug 2019. Veena Raghava Reddy was appointed as Designated Partner on 06 Aug 2019.
Yes, Primero Hospitalities is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0271051).
The registered office of Primero Hospitalities is at No.697 15th Cross, 2nd Phase, Bangalore, Karnataka, India – 560078.
Primero Hospitalities operates in the travel and hospitality industry, in the hotel and accommodation services segment.
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