Primus Remedies Private Limited - Company Profile

It is a pharma private limited company based in Dombivili, Maharashtra, India, established in 2010.
2010 Dombivili, Maharashtra, India Active
Last Updated:
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About Primus Remedies Private Limited

Primus Remedies Private Limited, a active private limited company, was established on 26 February 2010 in Dombivili, Maharashtra, India. Engaging in drug formulation & development within the trade sector, it holds CIN: U24232MH2010PTC200506. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹4.00 Cr and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Employing 292 professional, Its leadership includes Srinivas Gangashettywar (Director), Rakesh Pasupunuri (Director), Jonnalagadda Venkata Nagendraprasad (Director). It holds ₹17.91 Cr open charges and ₹3.53 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at C-16, Ankur Co-Operative Society Thakurli East, Dombivili, Maharashtra, 421201.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U24232MH2010PTC200506

  • Registration Number

    200506

  • Incorporation Date

    26 February 2010

  • Authorized Capital

    ₹4.00 Cr

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 0.10 M
  • Company Age 16 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 17.91 Cr
  • Satisfied Charges ₹ 3.53 M
  • Revenue Growth **** 20.96%
  • Profit Growth **** 2.18%
  • Ebitda **** -36.68%
  • Net Worth 32.30%
  • Total Assets **** 11.49%
Company report

Primus Remedies Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Primus Remedies 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 Primus Remedies Private Limited?
Current Directors
Name Designation Appointment Date Status
Srinivas Gangashettywar Director 26 Feb 2010 Current
Rakesh Pasupunuri Director 03 Jun 2022 Current
Jonnalagadda Venkata Nagendraprasad Director 03 Jun 2022 Current
Kavitha Gangashettwar Director 03 Jun 2022 Current
Satya Surya Purna Prasanthi Narayanam Director 03 Jun 2022 Current
Swapna Pasupunuri Director 26 Feb 2010 Current

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Financial Performance of Primus Remedies.

Primus Remedies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.96% increase. The company also saw a slight improvement in profitability, with a 2.18% increase in profit. The company's net worth Soared by an impressive increase of 32.3%.

Primus Remedies revenue growth over time
Primus Remedies 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
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 20.96%
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*******
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Revenue from Operations
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 20.95%
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*******
*******
Total Assets
*******
 11.49%
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*******
*******
*******
Profit or Loss
*******
 2.18%
*******
*******
*******
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Net Worth
*******
 32.30%
*******
*******
*******
*******
EBITDA
*******
 -36.68%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Primus Remedies?

In 2023, Primus Remedies had a promoter holding of 100.00%. 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

₹179,050,000.00

Satisfied Charges

₹3,529,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 16.44 Cr
  • Others : 1.28 Cr
  • Hdfc Bank Limited : 0.19 Cr
Latest Charge Details
Date Lender Amount Status
26 Jul 2025 Others ₹4.50 M Open
26 Jul 2025 Others ₹8.30 M Open
17 Jun 2025 Hdfc Bank Limited ₹1.90 M Open
03 Nov 2021 Axis Bank Limited ₹4.45 M Open
18 Oct 2021 Axis Bank Limited ₹2.40 M Open

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How Many Employees Work at Primus Remedies?

Primus Remedies has a workforce of 292 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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 Primus Remedies, 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 Primus Remedies'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 Primus Remedies
Recent Activity within the Organization
  • Charges

    The activity A charge with Others amounted to Rs. 0.45 Cr with Charge ID 101157472 was registered on 26 Jul 2025. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 0.83 Cr with Charge ID 101155908 was registered on 26 Jul 2025. was documented.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 101149724 was registered on 17 Jun 2025. was completed.

  • Charges

    The activity A charge with Axis Bank Limited of Rs. 15.00 Cr registered on 25 Oct 2019 with Charge ID 100301053 was modified on 31 Jan 2025. was completed.

  • Annual General Meeting

    The activity Primus Remedies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Primus Remedies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

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Frequently Asked Questions
What is the CIN of Primus Remedies Private Limited?

The CIN of Primus Remedies Private Limited is U24232MH2010PTC200506.

Where is Primus Remedies Private Limited headquartered?

Primus Remedies Private Limited is headquartered at C-16, Ankur Co-Operative Society Thakurli East, Dombivili, Maharashtra, 421201.

When was Primus Remedies Private Limited incorporated?

Primus Remedies Private Limited was incorporated on 26 February 2010.

Who are the current directors of Primus Remedies Private Limited?

The current directors of Primus Remedies Private Limited are

What is the primary industry of Primus Remedies Private Limited?

The primary industry of Primus Remedies Private Limited is Trade.

Is Primus Remedies Private Limited a listed company?

Primus Remedies Private Limited is unlisted.

What is the capital structure of Primus Remedies Private Limited?

The authorized capital of Primus Remedies Private Limited is ₹4.00 Cr, and the paid-up capital is ₹0.10 M.

What is the compliance status of Primus Remedies Private Limited?

The compliance status of Primus Remedies Private Limited is Compliant.

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