About Principle Security and Allied Services Private Limited
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Principle Security and Allied Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 14 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93000MH2009PLC197825. Its GSTIN is 27AAFCP2691A1ZL (Maharashtra). The company holds 22 GST registrations, all of them active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹26.29 Cr. It is led by directors including Sunil Prakash (Managing Director) and Anil Prakash (Managing Director).
Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 707 7 Thfloor Hubtown Viva Western Express Highway Shankarwadi Jogeshwari (East), Mumbai, Maharashtra, India – 400060.
As per the financials filed for FY 2025, the company reported a revenue of ₹587.93 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹6.97 Cr (net margin 1.2%) and EBITDA of ₹7.84 Cr (EBITDA margin 1.3%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 24% over five years.
The company has about 13,222 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: PSAS. As per MCA filings, the company has open charges of ₹52 Cr and satisfied charges of ₹6 Cr on record. Court records list 16 cases involving the company, including 1 filed by the company and 15 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website psas.in.
Company details
CIN history
Principle Security and Allied Services has one previous CIN (Corporate Identification Number): U93000MH2009PTC197825. The current CIN is U93000MH2009PLC197825, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93000MH2009PLC197825 | Current |
| U93000MH2009PTC197825 | Previous |
Contact details
Principle Security and Allied Services Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address707 7 Thfloor Hubtown Viva Western Express Highway Shankarwadi Jogeshwari (East), Mumbai, Maharashtra, India – 400060
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- 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 activities of Principle Security and Allied Services are support service to organizations and financial and insurance service. In detail, this covers security and investigation activities and other financial activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N4 | Security and investigation activities | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Principle Security and Allied Services Private Limited, buy the company report.
Financials of Principle Security and Allied Services Private Limited
FY 2024 filings availablePrinciple Security and Allied Services Private Limited reported revenue of ₹587.93 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 11% growth in the latest year. EBITDA rose 15% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹7.84 Cr | ||||
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| Net Profit (PAT) | ₹6.97 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 1.3% | ||||
| Net Profit Margin | 1.2% | ||||
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To see the full financial statements and ratios of Principle Security and Allied Services Private Limited, buy the company report.
Board of directors of Principle Security and Allied Services Private Limited
Principle Security and Allied Services has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Prakash | Managing Director | 11 Jun 2021 | 5 Years 4 Months | Current |
| Onkar Nath Singh | Director | 05 May 2022 | 4 Years 6 Months | Current |
| Anil Prakash Also directs: Risk Care Insurance Broking Services Private Limited, Carbide (Asia) Pvt Ltd, Sal Technologies & Solutions Limited and 5 more | Managing Director | 30 Aug 2011 | 15 Years 2 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Feb 2021 | 100420542 | Axis Bank Limited | ₹52 Cr | Open | |
| 27 May 2016 | 100031751 | Dena Bank | ₹6 Cr | Satisfied |
To see the full charge records of Principle Security and Allied Services Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Principle Security and Allied Services Private Limited has 16 court cases on record: 1 filed by Principle Security and Allied Services, 15 filed against it. 5 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 8 | 3 |
| High courts | 7 | 7 | 2 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Leo | Disposed |
| Patna High Court | Court case (CWJC) | Filed against the company | Pending |
| District court, Patna, Bihar | Court case (Cr. Case Complaint (O)) | Filed against the company by an individual | Pending |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Dehradun, Uttarakhand | Criminal case | Filed against the company by an individual | Pending |
To see the full case history of Principle Security and Allied 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.
Credit ratings & regulatory alerts
Principle Security and Allied Services Private Limited was last rated by Care on 06 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 06 Sep 2021 |
To see the full credit ratings and regulatory alerts of Principle Security and Allied Services Private Limited, buy the company report.
MSME payment delays
Principle Security and Allied Services Private Limited has 15 MSME Form 1 returns on record between 2019 and 2023, listing 49 overdue payments to 19 micro and small suppliers. 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 (5 of 19)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| M/S Arp Consulting & Solutions | |||
| an individual supplier | |||
| Orange GPS Solutions Private Limited |
To see the full MSME payment records of Principle Security and Allied Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Principle Security and Allied Services has 22 GST registrations: 22 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCP2691A1ZL | Maharashtra | Active | 01 Jul 2017 |
| 04AAFCP2691A1ZT | Chandigarh | Active | 01 Jul 2017 |
| 06AAFCP2691A1ZP | Haryana | Active | 01 Jul 2017 |
| 09AAFCP2691A1ZJ | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Principle Security and Allied Services Private Limited, buy the company report.
Recent activity
Principle Security and Allied Services Private Limited has 8 board changes on record since 2011: 3 appointments and 5 cessations. The latest: Onkar Nath Singh ceased to be Additional Director on 30 Sep 2022.
4 earlier events are in the company report.
Frequently asked questions
Principle Security and Allied Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 14 December 2009 (17+ years old) and is registered under CIN U93000MH2009PLC197825.
Principle Security and Allied Services has 3 current directors:
- Sunil Prakash - Managing Director
- Anil Prakash - Managing Director
- Onkar Nath Singh - Director
The latest financial statements of Principle Security and Allied Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Principle Security and Allied Services is 27AAFCP2691A1ZL, registered in Maharashtra. The company has 22 GST registrations in all, of which 22 are active. Other active GSTINs include 04AAFCP2691A1ZT (Chandigarh), 06AAFCP2691A1ZP (Haryana), 09AAFCP2691A1ZJ (Uttar Pradesh).
The CIN (Corporate Identification Number) of Principle Security and Allied Services is U93000MH2009PLC197825. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Principle Security and Allied Services has 16 court cases on record: 1 filed by the company and 15 filed against it. 5 are pending. Most are in the district courts.
Principle Security and Allied Services was incorporated on 14 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Onkar Nath Singh ceased to be Additional Director on 30 Sep 2022. Onkar Nath Singh was appointed as Director on 05 May 2022. Sunil Prakash ceased to be Additional Director on 29 Nov 2021. Principle Security and Allied Services has 8 board changes on record in total.
Principle Security and Allied Services has 15 MSME Form 1 returns on record between 2019 and 2023, listing 49 overdue payments to 19 micro and small suppliers. The latest return was filed on 15 Nov 2023.
Principle Security and Allied Services can be reached through the website psas.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Principle Security and Allied Services is at 707 7 Thfloor Hubtown Viva Western Express Highway Shankarwadi Jogeshwari East, Mumbai, Maharashtra, India – 400060.
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