Premchand Jute & Industries Private Limited

Manufacturer of jute bags, including handbags, backpacks, and promotional bags, based in Kolkata.

2005 | Kolkata, West Bengal (India) | Active
Last Updated:

Premchand Jute & Industries Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 6.30 M
  • Company Age 19 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 171.49 Cr
  • Satisfied Charges ₹ 56.75 Cr
  • Revenue Growth -11.50%
  • Profit Growth -96.65%
  • Ebitda -58.24%
  • Net Worth -0.20%
  • Total Assets 25.93%

About Premchand Jute & Industries

Premchand Jute & Industries Private Limited (PJIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 August 2005 and has a history of 19 years and six months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Brishti Vinimay Private Limited. The Company is engaged in the Home & Lifestyle Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 6.30 M.

The company currently has active open charges totaling ₹171.49 Cr. The company has closed loans amounting to ₹56.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vishnu Churiwal, Siddhartha Churiwal, and Vishal Churiwal serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    premchandjute.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51109WB2005PTC104864

  • Company No.

    104864

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Aug 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Home & Lifestyle

What products or services does Premchand Jute & Industries Private Limited offer?

Premchand Jute & Industries Private Limited offers a wide range of products and services, including Cotton, Jute & Canvas Bags, Jute Bags, Carry Bags and Multiutility Bags & Pouches, Bottle Covers, Canvas Bags, Gift Bags, Bags, Corporate & Business Gifts, Promotional Bags.

Who are the key members and board of directors at Premchand Jute & Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Vishnu Churiwal Country flag representing In Managing Director31-Aug-2006Current

Board Members (2)

NameDesignationAppointment DateStatus
Siddhartha Churiwal Country flag representing In Director 09-Mar-2022Current
Vishal Churiwal Country flag representing In Director 04-Jun-2014Current

Financial Performance of Premchand Jute & Industries.

Premchand Jute & Industries Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 11.5% decrease. The company also saw a substantial fall in profitability, with a 96.65% decrease in profit. The company's net worth dipped by a decrease of 0.2%.

Premchand Jute & Industries revenue growth over time
Premchand Jute & Industries profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-11.50%
Revenue from Operations
-11.52%
Total Assets
25.93%
Profit or Loss
-96.65%
Net Worth
-0.20%
EBITDA
-58.24%

What is the Ownership and Shareholding Structure of Premchand Jute & Industries?

In 2022, Premchand Jute & Industries had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹171.49 Cr

Satisfied Charges

₹56.75 Cr

Charges Breakdown by Lending Institutions

  • Others : 138.21 Cr
  • Standard Chartered Bank : 20.80 Cr
  • Sidbi : 12.48 Cr

Latest Charge Details

DateLenderAmountStatus
22 Nov 2024Sidbi₹7.50 CrOpen
19 Oct 2024Others₹7.50 CrOpen
28 Jun 2024Standard Chartered Bank₹20.00 CrOpen
28 Jun 2024Standard Chartered Bank₹8.00 MOpen
24 Jun 2024Sidbi₹4.98 CrOpen

How Many Employees Work at Premchand Jute & Industries?

Premchand Jute & Industries has a workforce of 2134 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Premchand Jute & Industries Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Premchand Jute & Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Premchand Jute & Industries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Premchand Jute & Industries

Recent activity within the organization

  • Charges

    A charge with Sidbi amounted to Rs. 7.50 Cr with Charge ID 101016828 was registered on 22 Nov 2024.

  • Charges

    A charge with Others amounted to Rs. 7.50 Cr with Charge ID 101005723 was registered on 19 Oct 2024.

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 20.00 Cr with Charge ID 100940145 was registered on 28 Jun 2024.

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 0.80 Cr with Charge ID 100944251 was registered on 28 Jun 2024.

  • Charges

    A charge with Sidbi amounted to Rs. 4.98 Cr with Charge ID 100942454 was registered on 24 Jun 2024.

  • Charges

    A charge with Others of Rs. 83.44 Cr registered on 26 Mar 2007 with Charge ID 10051067 was modified on 03 May 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Premchand Jute & Industries Private Limited?

    Premchand Jute & Industries Private Limited was incorporated on 18 Aug 2005.

  • What is authorized share capital and paid-up capital of Premchand Jute & Industries Private Limited?

    The authorized share capital of Premchand Jute & Industries Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 6.30 M.

  • Who are the current board members & directors of Premchand Jute & Industries Private Limited?

    Currently 3 directors are associated with Premchand Jute & Industries Private Limited.

    • Vishnu Kumar Churiwal
    • Siddhartha Churiwal
    • Vishal Churiwal
  • What is the registered address of Premchand Jute & Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Premchand Jute & Industries Private Limited is 16A Brabourne Road 7Th Floor India, Kolkata, West Bengal, 700001.

  • What is the corporate identification number (CIN) and company number of Premchand Jute & Industries Private Limited?

    The corporate identification number (CIN) of Premchand Jute & Industries Private Limited is U51109WB2005PTC104864 and the company number is 104864 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Premchand Jute & Industries Private Limited?

    The Official website of Premchand Jute & Industries Private Limited is https://www.premchandjute.com

  • What has been the recent revenue trend for Premchand Jute & Industries Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Premchand Jute & Industries Private Limited has fallen by -11.50%.

  • How many employees does Premchand Jute & Industries Private Limited currently have?

    As Per 2021 financial reports, 2134 employees are currently employed by Premchand Jute & Industries Private Limited.

  • What change has been observed in the net worth of Premchand Jute & Industries Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Premchand Jute & Industries Private Limited has experienced an downturn of -0.20%.

  • What are the total open charges for Premchand Jute & Industries Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Premchand Jute & Industries Private Limited amount to ₹ 171.49 Cr.

  • When was the last Balance Sheet of Premchand Jute & Industries Private Limited filed with the ROC?

    The most recent Balance Sheet for Premchand Jute & Industries Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Lifestyle Products & Accessories Manufacturing