Prime Securities Ltd

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NSEBSE

185.453.10 (1.70%)

12:40 PM,2nd Mar 2024

184.001.65 (0.90%)

12:00 AM,2nd Mar 2024

BSE : 500337

NSE : PRIMESECU

Sector : Financials

ISIN Code : INE032B01021

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Last Updated: Mar 02 2024 | 12:00 AM IST

Market Cap (₹ Cr)

617

Turnover (₹ Cr)

0.05

Volume (Shares)

28112

Face Value

5

52-WK High

201.60

52-WK High Date

19 Jan 2024

52-WK Low

96.30

52-WK Low Date

20 Mar 2023

All Time High

343.95

All Time High Date

18 Jan 2008

All Time Low

1.35

All Time Low Date

01 Apr 2003

Prime Securities Ltd

Prime Securities Limited was formerly incorporated as a Private Limited Company with the name 'Suvibha Investment Company Private Limited' on March 20 1982. The Company became a Public Company in July 1984. The name was subsequently changed to Prime Securities Limited on November 29 1990. Prime Securities is a leading provider of diversified Investment Banking and Corporate Advisory Services licensed and regulated by the Securities and Exchange Board of India (SEBI) authorised to advise and arrange financial services under a Category-1 Merchant Banking License. The Company specialize in providing value added advice and services to clients on complex strategic and financial decisions and transactions focused around Fund Raising Mergers & Acquisitions Equity & Debt Private Placements Initial Public Offerings Corporate Advisory and Capital Restructuring. The Company is involved in the business of trading in equity merchant banking advisory services foreign exchange advisory services equity research etc.The company became a wholly-owned 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 fund-based 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 newly-formed 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 Singapore-based businessman. During the year 1995-96 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.The Company established a 100% Subsidiary Company viz. Prime Commodities Broking Company (India) Ltd (PCBCIL) in 2006. Similarly a new 100% Subsidiary Company viz. Primesec Investments Limited (PIL) was incorporated to carry on NonBanking Financial Companies (NBFC) activities in November 2007.The Corporate Finance and Advisory business was activated during the year 2012. Apart from this new products like Prime Agile were launched and substantial additions to asset under the Portfolio Management Scheme were made. The Company's Offshore Asset Management business commenced activity with overseas debt products in 2012. The Wealth Management and Investment Advisory business of Prime Securities became effective from 1 April 2018. During the year 2020-21 the Scheme of Arrangement for merger of Primesec Investments Limited (PIL) and Prime Commodities Broking (India) Limited (both wholly owned subsidiaries of the Company) with the Company became effective from April 1 2020. In 2022-23 the Company acquired Bridgeweave Limited a UK based an Artificial Intelligence / Machine Learning-based technology company that has developed a suite of financial products for retail investors.

Prime Securities Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

617

EPS - TTM (₹) [S]

3.92

P/E Ratio (X) [S]

5.20

Face Value (₹) 5
Latest Dividend (%)10.00
Latest Dividend Date 06 Jun 2023
Dividend Yield (%) 0.27
Book Value Share (₹) [S]35.66
P/B Ratio (₹) [S]5.20
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

180.20

187.90

Week Low/High

176.00

187.90

Month Low/High

170.10

193.00

Year Low/High

96.30

202.00

All time Low/High

1.50

344.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week1.90%2.18%0.910.75%
1 Month3.34%3.29%2.392.40%
3 Month9.77%9.31%9.3710.41%
6 Month25.43%25.26%12.8815.14%
1 Year89.00%88.56%25.2929.19%
3 Year357.90%356.21%46.7450.00%

Company Info

Company Information

Vice President & CS : Ajay Shah

Managing Director & Group CEO : N Jayakumar

Non-Exec. & Independent Dir. : Smita Affinwalla

Non-Exec. & Independent Dir. : Namrata Kaul

Director & Chief Executive Off : Akshay Gupta.

Non Executive Director : Ashok Brijmohan Kacker

Non Executive Director : Sujit Kumar Varma

Non Executive Director : Smeeta Harsha Bhatkal

Director : Mayank Malik

Registered Office: 1109/1110 Maker Chamber V, Nariman Point,Mumbai,Maharashtra-400021 Ph: 91-22-61842525

Email:prime@primesec.com

URL:http://www.primesec.com