Prime Securities Limited
Incorporated in 1982, Prime SecuritiesLtd is in the business of providing financial services including Non-Banking Finance Services, Insurance, and Capital Markets
What Prime files
- Others63
- Board Meeting9
- Updates8
- Important5
- Dividend/Bonus4
- Results3
Prime Securities saw consolidated revenues hit 33.68 Cr & PBT turn profitable at 6.39 Cr, driven by solid Investment Banking. Its Trigen Wealth arm rapidly expanded AUM to 5,000 Cr but contributed 10.82 Cr loss due to high expenses & deferred revenue. Break-even expected in 5-6 quarters.
Prime Securities was the exclusive advisor for Lloyds Engineering Works' acquisition of SISCOL (equity valuation ₹1,220 Cr). This M&A creates an integrated engineering and EPC platform, expected to generate material revenues for Prime Securities.
PRIM's revenues surpassed 100 Cr for the first time. Strategic expansion into Prime Trigen Wealth introduced ~50 Cr in new expenses, leading to PAT of 26.35 Cr. However, Prime Trigen Wealth's AUA soared past 2,400 Cr, strengthening annuity income streams for future growth.
Prime Securities Limited has informed the Exchange regarding a press release dated April 24, 2025, titled "Press Release - Audited Financial Results".
Prime Trigen Wealth Limited has entered into a strategic partnership with Eton Solutions, a global leader in AI-powered WealthTech platforms, aiming to enhance wealth management services for Ultra-High-Net-Worth (UHNW) and High-Net-Worth (HNW) families in India. This collaboration will utilize Eton Solutions' advanced AtlasFive® ERP platform and EtonGPT™ AI engine to...