Principle Security And Allied Services Private Limited
- Company typePrivate
- Founded2009
- HeadquartersMumbai, India
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
What Principle Security And Allied Services Private Limited does
Principle Security And Allied Services Private Limited (PSAS) is a Mumbai-headquartered, privately held Indian security and allied services firm founded in 2009. The company delivers security guarding, risk management, mobile banking security (cash-in-transit and ATM/bank cash handling), and allied staffing services, operating a field workforce of more than 10,000 employees across India. Its service portfolio spans physical guarding deployments, specialized cash logistics for banks, and broader facility and allied staffing support to enterprise clients.
PSAS has built a proprietary technology stack anchored on an ASP.NET Web API platform (with a corresponding mobile API layer branded PSASAttendanceMobileAPI) to manage its distributed workforce. The platform comprises an integrated set of modules: Staff Attendance (punch-in/out with location capture, approval workflow, and reporting), Customer Visit Management (visit logging and pending details tracking), Travel Advance and Expense (multi-city itineraries, advance requests, ticket booking), Daily Activity Management (field logging with offline synchronization), and File Upload (document/image attachments). The system supports both JSON and XML formats and is designed for offline-first field operation, a necessary feature given the limited connectivity at many customer sites.
PSAS operates as a labor-intensive services business; no pricing model, contract terms, go-to-market channels, or marketing channels are publicly disclosed. Revenue mechanics follow the standard Indian private security services model: monthly billing per deployed guard/employee, plus specialized rates for mobile banking and risk management engagements. Customer logos, segment mix, and revenue split are not disclosed in the available data. The firm's strategic posture, as evidenced by its technology investment, indicates operational professionalization — likely aimed at improving deployment efficiency, attendance verification, and customer transparency — rather than a pivot toward productized software or platform monetization.
Principle Security And Allied Services Private Limited firmographics
Firmographics- Name
- Principle Security And Allied Services Private Limited
- Website
- https://psas.in
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Ownership category
- akta.pro rank
Principle Security And Allied Services Private Limited industry classification
Industry- Product category
- Security Guarding Services
- NAICS
- Security Guards and Patrol Services (561612), Investigation, Guard, and Armored Car Services (56161)
- SIC
- Services-Detective, Guard & Armored Car Services (7381), Services-Facilities Support Management Services (8744)
- akta.pro primary industry
- Static Guarding (Access Control, Reception & Gatehouse) (BPAKAAAA)
- akta.pro secondary industries
- Manned Guarding & Site Security (Static Guards) (BPABAMAA), Secure Transportation & Protective Driving (Armored / Convoy) (BPAKABAH)
Keywords
Where Principle Security And Allied Services Private Limited is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Markets served
Principle Security And Allied Services Private Limited business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Principle Security And Allied Services Private Limited product offering
Product offeringCore offering
Principle Security And Allied Services Private Limited delivers physical-security guarding, risk management, mobile-banking security, and allied staffing services to corporate and institutional clients. Its operations are underpinned by an internal ASP.NET Web API and mobile workforce management platform that supports staff attendance, customer visit logging, travel advance and expense administration, and offline field data synchronization for its deployed security workforce.
Product overview
PSAS (Principle Security And Allied Services) offers a unified workforce management platform comprising multiple integrated modules: Staff Attendance for punch-in/punch-out tracking, Travel Advance and Expense for travel request and reimbursement management, Customer Pending Details for visit tracking and document status, Daily Activity Management for field employee logging, and File Upload for document handling. The platform appears designed for security and allied service companies managing mobile workforces, with support for offline data synchronization and customer/office list management.
Differentiator
Problem solved
Functional benefit
Products and services
- Security Guarding Services Manned physical-security guarding deployments for corporate and institutional clients in India, including on-site guard personnel management supported by mobile API attendance, customer visit, travel advance, and expense workflows.
- Mobile Banking Security Services Specialized guarding and cash-handling security services for the mobile banking operations of banking clients, supported by PSAS's field-staff attendance, travel, and customer visit management infrastructure.
- Risk Management Services Risk management advisory and operational services provided to corporate clients, delivered alongside PSAS's guarding and allied-staffing operations.
- Allied Staffing Services Supplementary staffing services complementing PSAS's core guarding offerings, with deployed personnel attendance, travel, and expense managed through the company's workforce management platform.
Companies that use Principle Security And Allied Services Private Limited
Customer profileSegments1 record
Ideal customer profiles1 record
Principle Security And Allied Services Private Limited technology and API
TechnologyTechnology focussed No
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Principle Security And Allied Services Private Limited partnerships and signals
Strategic signalRecent moves4 records
Expansion highlights2 records
Principle Security And Allied Services Private Limited competitors and assessment
Company assessmentEmerging players
- Control Risks India: Global risk consultancy with India operations; relevant as a competitor in the risk management and advisory sub-segment that PSAS identifies as part of its service portfolio.
Broad incumbents
- ISS A/S (India): Global facility services leader with significant India presence; comparable as a broader facility services incumbent that bundles security guarding with cleaning, catering, and workplace support for enterprise clients.
- Allied Universal: North American-headquartered global security services leader; relevant as a broad-incumbent benchmark for guarding-led security services at scale, with growing technology-enabled guarding capabilities.
Direct peers
- Securitas India: Indian arm of Securitas AB, a global security major; directly competes in static guarding, mobile patrol, and specialized security services for corporate and BFSI clients in India, with comparable technology-enabled guarding offerings.
- SIS Limited: India's largest listed security services and facility management company; directly comparable as a pan-India manned guarding provider with BFSI, industrial, and government clients — serving as the benchmark for scale and pricing in this market.
- BVG India: Indian integrated services company offering security guards, facility management, and allied staffing; closely comparable in service mix and Indian mid-market positioning, with a strong government and PSU contract base.
- Tops Security: Indian security guarding and security services firm with a comparable multi-city presence; directly competes in the same price segment for BFSI, industrial, and corporate guarding contracts.
- G4S India: Indian operations of G4S, a global security services group; comparable as a multi-service security guarding and cash solutions provider serving banks, retail, and industrial clients across India.
- Peregrine Guarding: India-focused security guarding and manpower services provider; comparable as a similarly scaled private Indian guard provider targeting corporate and industrial clients.
Regional players
- Niepee Security Services: Indian private security guarding firm with regional focus; comparable as a similarly positioned private Indian guard provider, though with a more regional (rather than pan-India) operational footprint.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Principle Security And Allied Services Private Limited social profiles
Digital presencePrinciple Security And Allied Services Private Limited financial estimates
Financial estimateRevenue estimate
Valuation estimate
Principle Security And Allied Services Private Limited leadership team
Management profileNumber of profiles
Principle Security And Allied Services Private Limited funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Principle Security And Allied Services Private Limited M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Principle Security And Allied Services Private Limited
What does Principle Security And Allied Services Private Limited do?
Principle Security And Allied Services Private Limited delivers physical-security guarding, risk management, mobile-banking security, and allied staffing services to corporate and institutional clients. Its operations are underpinned by an internal ASP.NET Web API and mobile workforce management platform that supports staff attendance, customer visit logging, travel advance and expense administration, and offline field data synchronization for its deployed security workforce.
When was Principle Security And Allied Services Private Limited founded?
Principle Security And Allied Services Private Limited was founded in 2009. It employs 5,001 to 10,000 people.
Where is Principle Security And Allied Services Private Limited based?
Principle Security And Allied Services Private Limited is headquartered in Mumbai, India, in the Asia region.
Who are Principle Security And Allied Services Private Limited's main competitors?
Control Risks India is listed as an emerging player. Broad incumbents are ISS A/S (India) and Allied Universal. Direct peers are Securitas India, SIS Limited, BVG India, Tops Security, G4S India and Peregrine Guarding. Niepee Security Services is listed as a regional player.
Does Principle Security And Allied Services Private Limited have an API?
Yes. ASP.NET Web API supporting staff attendance management, customer pending details tracking, travel advance and expense management, daily activity logging, and file upload capabilities. Supports JSON and XML request/response formats. The API includes endpoints for retrieving and saving staff attendance records, managing customer visits and pending details, handling travel requests with city and mode selection, syncing data for offline use, and uploading files. Developer documentation is at psas.in/Help.
What industry is Principle Security And Allied Services Private Limited in?
Principle Security And Allied Services Private Limited's product category is Security Guarding Services. Its primary akta.pro industry code is BPAKAAAA, Static Guarding (Access Control, Reception & Gatehouse), with a secondary code of BPABAMAA, Manned Guarding & Site Security (Static Guards). Its NAICS code is 561612 and its SIC code is 7381.