About Primesec Investments Limited
Data last updated:
Primesec Investments Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Prime Securities Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 15 November 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67100MH2007PLC175947. Its GSTIN is 27AAECP4400C1ZZ (Maharashtra).
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.64 Cr. It was led by directors including Alpana Parida Shah and Jayakumar Narayanswami.
Its last annual general meeting (AGM) was held on 15 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 1109/1110 Maker Chambers V Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2020, the company reported a revenue of ₹27.1 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹5.45 Cr (net margin 20.1%) and EBITDA of ₹6.95 Cr (EBITDA margin 25.6%).
The company had about 7 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 10 cases involving the company, including 8 filed by the company and 2 filed against it.
The last known website on record is primesec.com.
Company details
CIN history
Primesec Investments has one previous CIN (Corporate Identification Number): U65990MH2007PLC175947. The current CIN is U67100MH2007PLC175947, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67100MH2007PLC175947 | Current |
| U65990MH2007PLC175947 | Previous |
Contact details
Primesec Investments Limited's registered office is in Mumbai, Maharashtra. Its website is primesec.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address1109/1110 Maker Chambers V Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Primesec Investments Limited, buy the company report.
- 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
Business activity
The main business activity of Primesec Investments is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Primesec Investments Limited, buy the company report.
Financials of Primesec Investments Limited
FY 2020 filings availablePrimesec Investments Limited reported revenue of ₹27.1 Cr (up 29% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 29% in the latest year. EBITDA fell 56% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹6.95 Cr | ||||
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| Net Profit (PAT) | ₹5.45 Cr | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.6% | ||||
| Net Profit Margin | 20.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Primesec Investments Limited, buy the company report.
Board of directors of Primesec Investments Limited
Primesec Investments has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alpana Parida Shah Also directs: Nestle India Limited, Cosmo First Limited, Sparsh Infratech Private Limited and 4 more | Director | 07 Dec 2017 | 8 Years 11 Months | As last reported |
| Jayakumar Narayanswami Also directs: Statin Enterprise LLP, Prime Securities Limited, Prime Research and Advisory Limited and 2 more | Director | 23 Jun 2014 | 12 Years 4 Months | As last reported |
| Pradip Vasant Dubhashi Also directs: Divgi Torqtransfer Systems Limited, Roop Polymers Limited, Trans Vitals Private Limited and 3 more | Director | 07 Dec 2017 | 8 Years 11 Months | As last reported |
Auditor
Primesec Investments Limited is audited by MAHENDRA TIWARI & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHENDRA TIWARI & CO | FY 2018 | 125844W |
Shareholding
The shareholding of Primesec Investments Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Primesec Investments Limited, buy the company report.
Legal cases
Primesec Investments Limited has 10 court cases on record: 8 filed by Primesec Investments, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 2 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed by the company against Trusha Infrastructure Pvt Ltd (Cin Nou45400mh2012pyc225625) | Disposed |
| Bombay High Court | Company petition | Filed by the company against Sarvin Mercantile Pvt Ltd Cin Nou51109mh2011ptc224973 | Disposed |
| Bombay High Court | Appeal | Filed by the company against Trusha Infrastructure Pvt Ltd (Cin Nou45400mh2012pyc225625) | Disposed |
| Bombay High Court | Appeal | Filed by the company against Sarvin Mercantile Pvt Ltd Cin Nou51109mh2011ptc224973 | Disposed |
| Bombay High Court | Court case (SS) | Filed by the company against Trusha Infrastructure Private Limited and 1 other | Disposed |
To see the full case history of Primesec Investments Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Primesec Investments Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Primesec Investments Limited has a workforce of 7 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Primesec Investments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECP4400C1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Primesec Investments Limited, buy the company report.
Recent activity
Primesec Investments Limited has 13 board changes on record since 2008: 3 appointments and 10 cessations. The latest: Subramanian Radhakrishnan Sharma ceased to be Managing Director on 27 Feb 2020.
4 earlier events are in the company report.
News
Frequently asked questions
Primesec Investments has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Primesec Investments was a public limited company based in Mumbai, Maharashtra, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 15 November 2007 and is registered under CIN U67100MH2007PLC175947. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Primesec Investments was incorporated on 15 November 2007. It is registered with the Registrar of Companies, Mumbai.
Primesec Investments had 3 directors:
- Alpana Parida Shah - Director
- Jayakumar Narayanswami - Director
- Pradip Vasant Dubhashi - Director
The CIN (Corporate Identification Number) of Primesec Investments is U67100MH2007PLC175947. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Primesec Investments is at 11091110 Maker Chambers V Nariman Point, Mumbai, Maharashtra, India – 400021.
Primesec Investments can be reached through the website primesec.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Primesec Investments on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 15 September 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Primesec Investments is 27AAECP4400C1ZZ, registered in Maharashtra.
Primesec Investments operated in the business outsourcing industry, in the business and IT consulting segment.
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