Primus Retail Private Limited - Company Profile

It is a fashion and textile private limited company based in Bangalore, Karnataka, India, established in 1995.
1995 Bangalore, Karnataka, India Under Liquidation
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About Primus Retail Private Limited

Primus Retail Private Limited, a under liquidation private limited company, was established on 29 November 1995 in Bangalore, Karnataka, India. Engaging in fashion retail within the fashion and textile sector, it holds CIN: U65999KA1995PTC019281. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹199.02 Cr and a paid-up capital of ₹99.50 Cr.

Formerly known as Gitanjali Lifestyle Products Private Limited., Gitanjali Investments Private Limited. It upholds a active non-compliant status. Its leadership includes Palepu Sudhir Rao (Director), Raju Mohandas Mahtaney (Additional Director), Balaji Venugopal Bhat (Managing Director). Past directors included Ec Rajakumar Konduru, Pooja Raju Mahtaney, Ajay Subhash Mittal. It holds ₹77.53 Cr open charges and ₹54.76 Cr settled loans. Its latest AGM occurred on 31 March 2011, with the balance sheet filed on 30 September 2010. It is based at No. 7, Plot No. 940 (Old 740), Gate No.11, Eshwari Industrial Estate, Hulimavu, Bangalore, Karnataka, 560076.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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Company Details

  • CIN/LLPIN

    U65999KA1995PTC019281

  • Registration Number

    019281

  • Incorporation Date

    29 November 1995

  • Authorized Capital

    ₹199.02 Cr

  • Paid-Up Capital

    ₹99.50 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Under Liquidation

Key Metrics
  • Authorised Capital ₹ 199.02 Cr
  • Paid Up Capital ₹ 99.50 Cr
  • Company Age 30 Year, 2 Months
  • Last Filing with ROC 30 Sep 2010
  • Open Charges ₹ 77.53 Cr
  • Satisfied Charges ₹ 54.76 Cr
Company report

Primus Retail Private Limited

Company Report FY 2025-2026

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Who are the key members and board of directors at Primus Retail Private Limited?
Current Directors
Name Designation Appointment Date Status
Palepu Sudhir Rao Director 04 Nov 2006 Current
Raju Mohandas Mahtaney Additional Director 12 Sep 2011 Current
Balaji Venugopal Bhat Managing Director 30 Sep 2005 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Nominee Director 12 Dec 2009 Past
Pramod Abcsdd Director 31 Mar 2010 Past
Pramod Abcsdd Nominee Director 11 Apr 2011 Past
Pramod Abcsdd Director 07 Sep 2011 Past
Pramod Abcsdd Company Secretary 23 Feb 2011 Past

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Financial Performance of Primus Retail.

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Primus Retail revenue growth over time
Primus Retail 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
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What is the Ownership and Shareholding Structure of Primus Retail?

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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

₹775,300,000.00

Satisfied Charges

₹547,570,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 34.28 Cr
  • Industrial Development Bank Of India : 15.00 Cr
  • Epsilon Ventures Private Limited : 8.00 Cr
  • Allahabad Bank : 7.25 Cr
  • Andhra Bank : 5.00 Cr
  • Others : 8.00 Cr
Latest Charge Details
Date Lender Amount Status
13 Oct 2011 Rodman Technologies Private Limited. ₹3.00 Cr Open
27 Aug 2010 Epsilon Ventures Private Limited ₹8.00 Cr Open
24 Jun 2010 Religare Finvest Limited ₹3.00 Cr Open
18 Jan 2010 Andhra Bank ₹5.00 Cr Open
17 Dec 2009 Allahabad Bank ₹7.25 Cr Open

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How Many Employees Work at Primus Retail?

Primus Retail has a workforce of 0 employees as of Apr 07, 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

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Rating
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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Primus Retail
Recent Activity within the Organization
  • Charges

    The activity A charge registered on 23 Aug 2006 via Charge ID 10017857 with Axis Bank Limited was fully satisfied on 05 Sep 2012. was completed.

  • Charges

    The activity A charge with State Bank Of India of Rs. 34.28 Cr registered on 11 Aug 2005 with Charge ID 80015812 was modified on 05 Apr 2012. was completed.

  • Charges

    Progress on A charge with Rodman Technologies Private Limited. amounted to Rs. 3.00 Cr with Charge ID 10311377 was registered on 13 Oct 2011. was documented.

  • Director Appointment

    Raju Mohandas Mahtaney was appointed as a Additional Director was appointed as a Additional Director on 12 Sep 2011 & has been associated with this company since 14 years 5 months . was recorded as a recent event.

  • Charges

    The activity A charge with Epsilon Ventures Private Limited of Rs. 8.00 Cr registered on 27 Aug 2010 with Charge ID 10239272 was modified on 31 Aug 2011. was completed.

  • Annual General Meeting

    The activity Primus Retail Private Limited last Annual general meeting of members was held on 31 Mar 2011 as per latest MCA records. was completed.

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

The CIN of Primus Retail Private Limited is U65999KA1995PTC019281.

Where is Primus Retail Private Limited headquartered?

Primus Retail Private Limited is headquartered at No. 7, Plot No. 940 (Old 740), Gate No.11, Eshwari Industrial Estate, Hulimavu, Bangalore, Karnataka, 560076.

When was Primus Retail Private Limited incorporated?

Primus Retail Private Limited was incorporated on 29 November 1995.

Who are the current directors of Primus Retail Private Limited?

The current directors of Primus Retail Private Limited are

What is the primary industry of Primus Retail Private Limited?

The primary industry of Primus Retail Private Limited is Fashion And Textile.

Is Primus Retail Private Limited a listed company?

Primus Retail Private Limited is unlisted.

What is the capital structure of Primus Retail Private Limited?

The authorized capital of Primus Retail Private Limited is ₹199.02 Cr, and the paid-up capital is ₹99.50 Cr.

What is the compliance status of Primus Retail Private Limited?

The compliance status of Primus Retail Private Limited is Active Non-Compliant.

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