Prime Securities Limited, originally incorporated as 'Suvibha Investment Company Private Limited' on March 20, 1982, transitioned to a Public Company in July 1984. Its name was officially changed to Prime Securities Limited on November 29, 1990. Established in 1982, Prime Securities Ltd operates within the financial services sector, offering a range of services including Non-Banking Finance Services, Insurance, and Capital Markets.
The company holds a significant position as a Category-1 Merchant Banker, licensed by the Securities and Exchange Board of India (SEBI), authorized to advise and arrange financial services. Over its four-decade journey, Prime Securities has solidified its presence as a key player in the Indian financial services landscape.
Prime Securities Limited (PSL) specializes in providing Investment Banking and Corporate Advisory services. Leveraging its Category 1 Merchant Bank License, the company offers a comprehensive suite of corporate advisory services. This includes:
- Fund Raising
- Mergers and Acquisitions (M&A)
- Equity and Debt Private Placements
- Initial Public Offerings (IPOs)
- Corporate Advisory
- Capital Restructuring
- Balance Sheet and Business Restructuring
- Loan Syndication
Additionally, PSL's investment banking and corporate finance division encompasses:
- Listed Equity Services: Including PIPEs (Private Investment in Public Equity), Rights Issues, and IPOs.
- Unlisted Equity Services: Covering pre-IPO funding and private equity placements.
- Strategic Advice and Implementation: Providing guidance and execution for capital raising and investor relations.
The company serves a diverse clientele both domestically and internationally, establishing itself as a holistic financial services provider.
Prime Securities has strategically expanded its service offerings and market reach through its subsidiary companies:
- Prime Commodities Broking Company (India) Ltd (PCBCIL): Established in 2006 as a 100% subsidiary to focus on commodity broking.
- Primesec Investments Limited (PIL): Incorporated in November 2007, this 100% subsidiary is engaged in Non-Banking Financial Companies (NBFC) activities.
- Prime Research and Advisory Limited: This subsidiary operates as a Corporate Insurance Agent, licensed by the Insurance Regulatory and Development Authority of India (IRDAI), broadening the company's insurance-related services.
This diversification strategy allows Prime Securities to offer an integrated suite of financial solutions.
The company has consistently adapted its business model to align with evolving market dynamics. Key developments include:
- Activation of Corporate Finance and Advisory Business: Commenced in 2012.
- New Product Launches: Introduction of products like 'Prime Agile'.
- Asset Under Management (AUM) Growth: Substantial additions to assets managed under the Portfolio Management Scheme.
- Offshore Asset Management: Commenced operations with overseas debt products in 2012.
- Wealth Management and Investment Advisory: Business became effective from April 1, 2018, enhancing client advisory services.
These initiatives highlight the company's commitment to expanding its service portfolio and catering to a wider range of client needs across various market segments.
As of July 11, 2025, 03:46 PM, Prime Securities Ltd had a market capitalization of ₹1,024.16 Crore. The company's stock has demonstrated growth, with a 14.21% increase over the past 6 months and a 19.85% increase in the last year. This performance reflects its resilience and growth potential within the financial services sector.
The stock's 52-week high is ₹359.00, and its 52-week low is ₹196.85. Notably, the company is almost debt-free, which provides significant operational flexibility and positions it well for future growth opportunities.
Valuation Ratios (as of Jul 11, 2025):
- P/E Ratio: 28.82
- P/B Ratio: 0.20
- Book Value: ₹ 61.3
- Dividend Yield: 0.49%
Profitability Metrics:
- ROCE (Return on Capital Employed): 22.6%
- ROE (Return on Equity): 19.4%
- TTM Profit After Tax: ₹39 Crore
Recent Financial Performance (Consolidated):
- Quarter Ended 2024: Profit of ₹16.86 Crore on a total income of ₹26.33 Crore.
- Year Ended Sep 2024: Profit of ₹17.20 Crore on a total income of ₹29.83 Crore.
Prime Securities Limited is listed on both major Indian stock exchanges:
- BSE: 500337
- NSE: PRIMESECU
- ISIN: INE032B01021
- Face Value: ₹5.00
Prime Securities Limited stands as a well-established entity in India's financial services sector, featuring a diversified business model that spans investment banking, corporate advisory, wealth management, and insurance services. Its robust financial metrics, debt-free status, and consistent profitability make it an attractive investment for those seeking exposure to the expanding Indian financial services market.
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