Primarc Group
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Primarc Group - overview
Location
Kolkata, West Bengal, India
Primary Industry
Real Estate Development & Operating Companies
About
Founded in 1987 and based in Kolkata, India, Primarc Group focuses on real estate, retail development, and angel investments, delivering innovative solutions and fostering growth in diverse sectors. Primarc Group is a prominent player in the real estate and retail sectors, recognized for developing residential and commercial spaces. Established in 1987, its headquarters is located in Kolkata, India. The company has undergone strategic shifts to expand its operational scope, emphasizing its commitment to fostering business growth through real estate and supporting startups via angel investments.
The firm was founded by individuals whose prior entrepreneurial history is not well documented. Currently, Primarc Group generates a significant portion of its revenue from multiple funding rounds, with notable investment targets contributing to its financial growth. Primarc Group specializes in a diverse array of offerings within the real estate, retail, and angel investment sectors. Their core product lineup includes residential and commercial real estate developments, retail spaces such as shopping malls, and e-commerce solutions aimed at fostering business growth.
The company has executed 27 realty projects totaling over 7 million square feet, providing homes to more than 9,000 families. Additionally, Primarc supports startups through angel investments, targeting innovations that create significant social and business impact. Their primary customer base spans across East India, but the company actively seeks opportunities in non-metro regions throughout the country, thus expanding its reach and market presence. In the most recent fiscal year 2024, Primarc Group generated a revenue of USD 4.
83 mn and an EBITDA of USD 453,352. The company's revenue is derived from various transaction structures, primarily involving real estate sales, rental agreements, and partnerships with retailers, including business-to-consumer (B2C) transactions and business-to-business (B2B) arrangements within their retail spaces. Major revenue-generating developments include Junction Mall and Southwinds. Primarc Group is focusing on expanding its portfolio of real estate projects and enhancing its retail offerings.
Plans are underway to launch new developments aimed at providing innovative living and shopping experiences by 2025. Furthermore, the company is targeting expansion into non-metro regions across India to reach a broader customer base. Recent funding will be allocated to support these initiatives, strengthening their market presence and innovation strategies.
Primary Industry
Real Estate Development & Operating Companies
Sub Industries
Real Estate Development & Operating Companies
Website
www.primarc.in/
Total Amount Raised
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