Prime Securities Ltd (PRIMESECU)

Incorporated as Suvibha Investment Company Pvt Ltd on 20 Mar.82 the company went public in Jul.84 and its name was changed to Prime Securities PSL on 29 Nov.90. The company became a whollyowned subsidiary of The Great Eastern Shipping Company in 1984. It ceased to be a subsidiary of the same in Mar.92. PSL mainly deals in financial instruments such as shares stocks bonds units securities etc and also provides merchant banking advisory services issue management services and other fundbased investments. It is also involved in corporate leasing for tax planning.In Jul.94 PSL came out with a public issue to finance its Rs 79.31 cr fund requirement for increasing capital market investments leased assets working capital and for purchase of fixed assets and investment in its subsidiaries.The company has signed a MoU to form an investment advisory company Prime Research and Advisory with Rothschild Asset Management Asia Pacific a part of the international Rothschild group. This newlyformed company will provide advice on how to manage overseas funds for investment in India. Two independent shareholders in this joint venture are the Maharaja of Jodhpur and Sat Pal Khattar a Singaporebased businessman. During the year 199596 PSL allotted 2287500 new Equity Shares at a premium of Rs 30 per share and 6600000 Equity Warrants entitling the holders to acquire a Share per Equity Warrant at a price of Rs 40 per share.

Prime Securities Ltd Share Price: ₹98.55 per share as on 28 Mar, 2023 04:01 PM
Prime Securities Ltd Market Capitalisation: ₹319.96Cr as of today
Prime Securities Ltd Revenue: ₹15.87Cr as on December 2022 (Q4 22)
Prime Securities Ltd Net Profit: ₹3.86Cr as on December 2022 (Q4 22)
Prime Securities Ltd Listing date: 07 Dec, 2005
Prime Securities Ltd Chairperson Name: Pradip Dubhashi