Premco Global Limited

This company manufactures and trades various elastic and non-elastic fabric products for multiple industries.

1986 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Premco Global Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 3.30 Cr
  • Company Age 38 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 32.83 Cr
  • Satisfied Charges ₹ 27.70 Cr
  • Revenue Growth -18.14%
  • Profit Growth -4.43%
  • Ebitda -7.13%
  • Net Worth 7.13%
  • Total Assets 6.45%

About Premco Global

Premco Global Limited (PGL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 September 1986 and has a history of 38 years and five months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 530331.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 3.30 Cr.

The company currently has active open charges totaling ₹32.83 Cr. The company has closed loans amounting to ₹27.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Premco Global Limited India are Nisha Harjani as CFO and Falak Mody as Company Secretary. Lalit Advani, Ashok Harjani, Nisha Harjani, and Five other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    premcoglobal.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L18100MH1986PLC040911

  • Company No.

    040911

  • Stock Symbol

    BSE : 530331

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Sep 1986

  • Date of AGM

    24 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Premco Global?

Executive Team (3)

NameDesignationAppointment DateStatus
Ashok Harjani Country flag representing In Managing Director28-Sep-1994Current
Nisha Harjani Country flag representing In CFO13-Feb-2015Current
Falak Mody Company Secretary13-Jun-2024Current

Board Members (7)

NameDesignationAppointment DateStatus
Lalit Advani Country flag representing In Director 28-May-2019Current
Nisha Harjani Country flag representing In Director and Cfo 02-Nov-2015Current
Sonia Harjani Country flag representing In Director 02-Nov-2015Current
Lokesh Harjani Country flag representing In Whole-Time Director 11-Nov-2001Current
Sonu Chowdhary Country flag representing In Director 10-Apr-2015Current
Lata Vasvani Country flag representing In Director 11-Mar-2024Current

Financial Performance of Premco Global.

Premco Global Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.14% decrease. The company also saw a slight decrease in profitability, with a 4.43% decrease in profit. The company's net worth moved up by a moderate rise of 7.13%.

Graph illustrating revenue growth over time
Graph showing 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
-18.14%
Revenue from Operations
-17.99%
Total Assets
6.45%
Profit or Loss
-4.43%
Net Worth
7.13%
EBITDA
-7.13%

What is the Ownership and Shareholding Structure of Premco Global?

In 2023, Premco Global had a promoter holding of 66.98% and a public holding of 33.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹32.83 Cr

Satisfied Charges

₹27.70 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 32.83 Cr

Latest Charge Details

DateLenderAmountStatus
25 Mar 2021Hdfc Bank Limited₹2.30 MOpen
21 Dec 2006Hdfc Bank Limited₹16.95 CrOpen
30 Sep 2006Hdfc Bank Limited₹15.65 CrOpen
23 Jan 2003New India Co - Op. Bank Ltd.₹6.20 MSatisfied
29 Apr 2002New India Co - Op. Bank Ltd.₹8.67 CrSatisfied

How Many Employees Work at Premco Global?

Premco Global has a workforce of 122 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Premco Global, 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 Premco Global'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 Premco Global

Recent activity within the organization

  • Annual General Meeting

    Premco Global Limited last Annual general meeting of members was held on 24 Aug 2024 as per latest MCA records.

    24 Aug 2024

  • Director Appointment

    Falak Hemanshu Mody was appointed as a Company Secretary was appointed as a Company Secretary on 13 Jun 2024 & has been associated with this company since 8 months 10 days .

    13 Jun 2024

  • Balance Sheet

    Premco Global Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Lata Lal Vasvani was appointed as a Director was appointed as a Director on 11 Mar 2024 & has been associated with this company since 11 months 13 days .

    11 Mar 2024

  • Director Appointment

    Anand Shyam Mashruwala was appointed as a Director was appointed as a Director on 11 Mar 2024 & has been associated with this company since 11 months 13 days .

    11 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 15.65 Cr registered on 30 Sep 2006 with Charge ID 10033441 was modified on 03 Jun 2023.

    03 Jun 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Premco Global Limited was incorporated on 15 Sep 1986.

  • The authorized share capital of Premco Global Limited is ₹ 6.00 Cr and paid-up capital is ₹ 3.30 Cr.

  • Currently 10 directors are associated with Premco Global Limited.

    • Lalit Doulat Advani
    • Ashok Bhagwandas Harjani
    • Nisha Prem Harjani
    • Sonia Ashok Harjani
    • Lokesh Prem Harjani
    • Sonu Aildas Chowdhary
    • Lata Lal Vasvani
    • Anand Shyam Mashruwala
    • Nisha P Harjani
    • Falak Hemanshu Mody
  • As per Ministry of Corporate Affairs (Mca), the registered address of Premco Global Limited is Urmi Estate Tower-A 11Th Floor 95 Ganpatrao Kadam Marg Lower Parel (W), India, Mumbai, Maharashtra, 400013.

  • The corporate identification number (CIN) of Premco Global Limited is L18100MH1986PLC040911 and the company number is 040911 as per Ministry of Corporate Affairs (MCA).

  • Yes, Premco Global Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Premco Global Limited is https://www.premcoglobal.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Premco Global Limited has fallen by -18.14%.

  • As Per 2023 financial reports, 122 employees are currently employed by Premco Global Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Premco Global Limited has experienced an upsurge of 7.13%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Premco Global Limited amount to ₹ 32.83 Cr.

  • The most recent Balance Sheet for Premco Global Limited was filed with the ROC on 31 Mar 2024.

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