Background: Pirimi Eksat Film Services Ltd. is a company founded by Manuṣyatvayaṭa Rīti, on which it's brother without name (known as "Sajahani") were famous for it's film, "Amadiya".
1st (and possibly only) logo
Variant: The logo had a color variant starting in 1959.
FX/SFX: The revelation of the statue and background, the texts zooming out and inverting by fading-in.
Music/Sounds: Some wind instruments to begin with, then a very catchy traditional Indian fanfare which ends with a wind instrument. (This would be later thieved by Kirby Movies in 1943 and later given with permission for Shri Gouri Pictures, Kolhapur in 1965)
Availability: Seen on their films of the time, examples are Gē Muhudu Gæna Katā Karanna Iḍa Denna (Let's Talk About the Sea, it's first film similar to Dr Seuss's) and Koṭiminisā Vishnu (Liberty For the Tigermen).