About Primus Lifespaces Private Limited
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Primus Lifespaces Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Mantri Developers Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 01 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA2006PTC039176. Its GSTIN is 29AAFCA9062J1ZA (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.77 Lakh. It was formerly known as Anagha Constructions Private Limited and Mantri Primus Lifespaces Private Limited. It is led by directors Bangalore Narahari Adarsh (Managing Director) and Methuku Srinivas.
Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mantri House No. 41 Vittal Mallya Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.67 Cr, a decline of 70% compared to the previous year. For the same year it recorded a net profit of ₹10.33 Lakh (net margin 3.9%) and EBITDA of ₹1.33 Cr (EBITDA margin 49.8%). Revenue has declined at a compounded annual rate (CAGR) of 67% over three years and 47% over five years.
The company has about 19 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: Primus Life. As per MCA filings, the company has satisfied charges of ₹324 Cr on record. Court records list 21 cases involving the company, including 10 filed by the company and 4 filed against it; 2 cases are pending. The company has 4 deals on record (1 funding round, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹168.02 Cr; the latest was in October 2024. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is Dulcet Merchant Private Limited with revenue of ₹2.68 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website primuslife.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressMantri House No. 41 Vittal Mallya Road, Bangalore, Karnataka, India – 560001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Primus Lifespaces Private Limited
The main business activity of Primus Lifespaces is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Primus Lifespaces Private Limited FY 2025 filings available
Primus Lifespaces Private Limited reported revenue of ₹2.67 Cr (down 70% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Primus Lifespaces Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 47% over five years, including a 70% fall in the latest year. EBITDA rose 163% 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 Primus Lifespaces Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.33 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.33 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 of Primus Lifespaces Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 49.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.9% | •••• | •••• | •••• | •••• |
| 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 Primus Lifespaces 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 Primus Lifespaces Private Limited
Primus Lifespaces Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dulcet Merchant Private Limited | ₹2.68 Cr (FY 2025) | •••• | •••• | 1527.0% | •••• | Mumbai, Maharashtra, India |
| Sattva Infrastructure India Private Limited | ₹2.67 Cr (FY 2025) | •••• | •••• | -41.0% | •••• | Bangalore, Karnataka, India |
| Maark Civil Engineering Services Private Limited | ₹2.67 Cr (FY 2022) | •••• | •••• | 157.0% | •••• | Hyderabad, Telangana, India |
| Tamarai Homes Private Limited | ₹2.67 Cr (FY 2025) | •••• | •••• | 617.0% | •••• | Sivakasi, Tamil Nadu, India |
| P Realinfra and Project Private Limited | ₹2.67 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Bhubaneswar, Odisha, India |
| Primus Lifespaces Private Limited this company | ₹2.67 Cr (FY 2025) | •••• | •••• | -70.0% | •••• | Bangalore, Karnataka, India |
| Balaji Landmarks Private Limited | ₹2.67 Cr (FY 2022) | •••• | •••• | 746.0% | •••• | Pune, Maharashtra, India |
| Jayswal Building Products Private Limited | ₹2.67 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Bangalore, Karnataka, India |
| Wakeful Construction Private Limited | ₹2.67 Cr (FY 2025) | •••• | •••• | 1764.0% | •••• | Kolkata, West Bengal, India |
| Citi Abasan Private Limited | ₹2.67 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Kolkata, West Bengal, India |
| Pukhraj Homes Private Limited | ₹2.67 Cr (FY 2025) | •••• | •••• | -42.0% | •••• | Kota, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Primus Lifespaces by revenue in the Real Estate industry (Builders and Developers), 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 Primus Lifespaces Private Limited
Primus Lifespaces Private Limited is audited by Akash & Kishor Chartered Accountants for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Akash & Kishor Chartered Accountants | 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 Primus Lifespaces Private Limited
Primus Lifespaces has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bangalore Narahari Adarsh | Managing Director | 27 Aug 2008 | 18 Years 1 Months | Current |
| Methuku Srinivas Also directs: Suraj Dwellers Private Limited, Castles Vista Private Limited, Pratibha Realtors Private Limited and 5 more | Director | 21 Jan 2008 | 18 Years 8 Months | Current |
Ownership and Shareholding of Primus Lifespaces 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 Primus Lifespaces Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Aug 2020 | Others | ₹7 Cr | Satisfied |
| 07 Mar 2018 | Others | ₹118 Cr | Satisfied |
| 28 Jul 2016 | Others | ₹70 Cr | Satisfied |
| 23 Mar 2016 | Others | ₹29 Cr | Satisfied |
| 20 Mar 2014 | Others | ₹100 Cr | Satisfied |
Total charge records: 5 View all charges
Deals & Funding of Primus Lifespaces Private Limited
Primus Lifespaces Private Limited has 4 deals on record (1 funding round, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹168.02 Cr; the latest was in October 2024.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2024 | Funding round · Seed | ₹168.02 Cr | Investors: Gruhas, General Catalyst, an individual |
| Jan 2021 | Rights issue | ₹5.3 Lakh | Investors: Priyanka Family Trust, Pratik Family Trust, an individual |
| Nov 2012 | Acquisition | Undisclosed | Buyer: Propcare Developers Private Limited Seller: 2 individuals |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Primus Lifespaces Private Limited
Primus Lifespaces Private Limited has 21 court cases on record: 10 filed by Primus Lifespaces, 4 filed against it, 7 where it is another party. 2 cases are pending and 19 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 2 | 1 |
| High courts | 10 | 2 | 1 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Company is another party | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Special Officer and Competent Authority | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Disposed |
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Company is another party | Disposed |
Full case history
All 21 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Primus Lifespaces Private Limited
Primus Lifespaces Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Guru and Jana Chartered Accountsnts | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Primus Lifespaces Private Limited
Primus Lifespaces operates one associated brand: Primus Life. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of elder care platform | primuslife.in |
Employees and EPFO Compliance at Primus Lifespaces Private Limited
Primus Lifespaces Private Limited has a workforce of 19 employees as of Apr 08, 2024.
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.
Group Structure of Primus Lifespaces Private Limited
Primus Lifespaces has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Primus Kns Lifestyle Private Limited | U70100KA2015PTC081017 | Locked |
| Suraj Dwellers Private Limited | U70102KA2007PTC041926 | Locked |
| Primus Senior Services Private Limited | U93090KA2017PTC103209 | Locked |
Showing major subsidiaries. Total: 3.
Name History of Primus Lifespaces Private Limited
Primus Lifespaces has undergone 3 name changes throughout its history. The company was previously known as Anagha Constructions Private Limited, Mantri Primus Lifespaces Private Limited, and Pratham Land Masters Private Limited. The current legal name is Primus Lifespaces Private Limited.
| Company Name | Status |
|---|---|
| Primus Lifespaces Private Limited | Current |
| Anagha Constructions Private Limited | Previous |
| Mantri Primus Lifespaces Private Limited | Previous |
| Pratham Land Masters Private Limited | Previous |
Recent Activity on Primus Lifespaces Private Limited
Primus Lifespaces Private Limited has 12 board changes on record since 2007: 2 appointments and 10 cessations. The latest: Sujit Kumar Panda ceased to be Additional Director on 30 Nov 2021.
17 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Primus Lifespaces 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.
Subsidiaries & Group Companies of Primus Lifespaces 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 Primus Lifespaces Private Limited
Primus Lifespaces has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCA9062J1ZA | Karnataka | Active | 01 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 Primus Lifespaces 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.
Related news about Primus Lifespaces Private Limited
Frequently Asked Questions about Primus Lifespaces Private Limited
Primus Lifespaces is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 01 May 2006 (20+ years old) and is registered under CIN U45201KA2006PTC039176.
Primus Lifespaces reported revenue of ₹2.67 Cr for FY 2025 (down 70% YoY).
Primus Lifespaces has 2 current directors:
- Bangalore Narahari Adarsh - Managing Director
- Methuku Srinivas - Director
Primus Lifespaces reported a net profit of ₹10.33 Lakh (net margin 3.9%) and EBITDA of ₹1.33 Cr (EBITDA margin 49.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Primus Lifespaces is -67% over three years and -47% over five years. In the latest year (FY 2025) revenue fell 70%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Primus Lifespaces is 29AAFCA9062J1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Primus Lifespaces is U45201KA2006PTC039176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Primus Lifespaces has 21 court cases on record: 10 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.
Primus Lifespaces was incorporated on 01 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Primus Lifespaces has 4 deals on record (1 funding round, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹168.02 Cr; the latest was in October 2024.
The peers of Primus Lifespaces by revenue are Dulcet Merchant Private Limited, Sattva Infrastructure India Private Limited, Maark Civil Engineering Services Private Limited, Tamarai Homes Private Limited, P Realinfra and Project Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Sujit Kumar Panda ceased to be Additional Director on 30 Nov 2021. Ravi Satyamurthy ceased to be Additional Director on 31 Oct 2019. Hebbur Satyanarayanagupta Girish Guptha ceased to be Director on 06 Jul 2019. Primus Lifespaces has 12 board changes on record in total.