MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-TS-20-0005291
Primo Financial Services Private Limited
Primo Financial Services Private Limited - business outsourcing in Secunderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹4.61 Lakh
Latest filing
Net loss · FY 2022
₹3.75 Lakh
Net margin -81.3%
EBITDA · FY 2022
-₹3.75 Lakh
EBITDA margin -81.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Primo Financial Services Private Limited
Data last updated:
Primo Financial Services Private Limited is a private limited company based in Secunderabad, Telangana, India. It operates in the business process outsourcing sector. It was incorporated on 09 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65990TG2019PTC129591. Its GSTIN is 36AAKCP2895D1Z5 (Telangana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Suneel Preeth Kumar Silumula and Jyothirmaye Thottempudi.
Its last annual general meeting (AGM) was held on 01 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Plot No.48 Scb No.4 – 11 – 036 Syndicate Bank Colony West Marred Pally, Secunderabad, Telangana, India – 500026.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.61 Lakh. For the same year it recorded a net loss of ₹3.75 Lakh (net margin -81.3%) and EBITDA of -₹3.75 Lakh (EBITDA margin -81.3%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years.
Court records list 1 case involving the company, including 1 filed by the company.
Primo Financial Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-20-0005291).
Company details
CIN U65990TG2019PTC129591
Registration Number 129591
Incorporation Date 09 January 2019
ROC Hyderabad
Listing Status Unlisted
Company Status Active
MSME Classification Micro
Udyam Registration UDYAM-TS-20-0005291
Recognitions & Rankings of Primo Financial Services
Contact details
Primo Financial Services Private Limited's registered office is in Secunderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.48 Scb No.4 – 11 – 036 Syndicate Bank Colony West Marred Pally, Secunderabad, Telangana, India – 500026
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Primo Financial Services Private Limited, buy the company report.
Comprehensive company report
Primo Financial Services 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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Business activity
The main business activity of Primo Financial Services is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Primo Financial Services Private Limited, buy the company report.
Financials of Primo Financial Services Private Limited
FY 2022 filings availablePrimo Financial Services Private Limited reported revenue of ₹4.61 Lakh for FY 2022.
Revenue · FY 2022
₹4.61 Lakh
Net loss · FY 2022
₹3.75 Lakh margin -81.3%
EBITDA · FY 2022
-₹3.75 Lakh margin -81.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 38%
3 years · compounded
▼ 361%
Revenue has grown at a compounded annual rate (CAGR) of 12% over three years. EBITDA rose 38% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹4.61 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹3.75 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹3.75 Lakh | |||
| 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -81.3% | |||
| Net Profit Margin | -81.3% | |||
| 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 Primo Financial Services Private Limited, buy the company report.
Board of directors of Primo Financial Services Private Limited
Primo Financial Services has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suneel Preeth Kumar Silumula Also directs: Primo Fino Services Private Limited | Director | 09 Jan 2019 | 7 Years 10 Months | Current |
| Jyothirmaye Thottempudi Also directs: Primo Fino Services Private Limited | Director | 09 Jan 2019 | 7 Years 10 Months | Current |
Auditor
Primo Financial Services Private Limited is audited by Y E PRASAD REDDY & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Y E PRASAD REDDY & CO | FY 2019 | 002769S |
Shareholding
The shareholding of Primo Financial Services Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Primo Financial Services Private Limited, buy the company report.
Legal cases
Primo Financial Services Private Limited has 1 court case on record: 1 filed by Primo Financial Services. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed by the company against M/S.Icici Bank Ltd and 5 others | Disposed |
To see the full case history of Primo Financial Services Private 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 Primo Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Primo Financial Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAKCP2895D1Z5 | Telangana | Active | 16 Dec 2020 |
To see the full GST registrations and return filing status of Primo Financial Services Private Limited, buy the company report.
Recent activity
Primo Financial Services Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Jyothirmaye Thottempudi was appointed as Director on 09 Jan 2019.
AGM
Primo Financial Services Private Limited last Annual general meeting of members was held on 01 Sep 2022 as per latest MCA records.
Filing
Primo Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Hyderabad.
Appointed
Jyothirmaye Thottempudi was appointed as Director.
Appointed
Suneel Preeth Kumar Silumula was appointed as Director.
Incorporation
09 Jan 2019
Primo Financial Services Private Limited was registered on 09 Jan 2019 with Roc Hyderabad & aged 7 years 10 months as per MCA records.
Frequently asked questions
Primo Financial Services is an active private limited company based in Secunderabad, Telangana, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 09 January 2019 (7+ years old) and is registered under CIN U65990TG2019PTC129591.
Primo Financial Services has 2 current directors:
- Suneel Preeth Kumar Silumula - Director
- Jyothirmaye Thottempudi - Director
The latest financial statements of Primo Financial Services on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 01 September 2022. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Primo Financial Services is 36AAKCP2895D1Z5, registered in Telangana.
The CIN (Corporate Identification Number) of Primo Financial Services is U65990TG2019PTC129591. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Primo Financial Services has 1 court case on record: 1 filed by the company.
Primo Financial Services was incorporated on 09 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
Jyothirmaye Thottempudi was appointed as Director on 09 Jan 2019. Suneel Preeth Kumar Silumula was appointed as Director on 09 Jan 2019.
Yes, Primo Financial Services is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-20-0005291).
The registered office of Primo Financial Services is at Plot No.48 Scb No.4 – 11 – 036 Syndicate Bank Colony West Marred Pally, Secunderabad, Telangana, India – 500026.
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