Premier Abrasives Private Limited

Manufactures bonded abrasives and abrasive grains for grinding and polishing.

1988 | Amritsar, Punjab (India) | Active
Last Updated: December 16, 2024

Premier Abrasives Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.00 M
  • Company Age 36 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -5.30%
  • Profit Growth -26.73%
  • Ebitda -83.47%
  • Net Worth -55.14%
  • Total Assets -2.85%

About Premier Abrasives

Premier Abrasives Private Limited (PAPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 December 1988 and has a history of 36 years and two months. Its registered office is in Amritsar, Punjab, India.

The Company is engaged in the Machinery And Equipment 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 1.00 Cr and a paid-up capital of Rs 5.00 M, as per Ministry of Corporate Affairs (MCA) records.

Amit Gupta, Usha Rani, and Vidhu Gupta serve as directors at the Company.

Company Details

  • Location

    Amritsar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67120PB1988PTC008911

  • Company No.

    008911

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Dec 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Machinery and Equipment

What products or services does Premier Abrasives Private Limited offer?

Premier Abrasives Private Limited offers a wide range of products and services, including Abrasives & Grains, Abrasive Stones, Bricks & Construction Aggregates, Fire Bricks, Abrasive Tool, Polishing Abrasives, Saw Blades & Grinding Wheels, Grinding Wheels, Industrial Chemicals & Supplies, Metal Surface Treatment Chemicals.

Who are the key members and board of directors at Premier Abrasives?

Board Members (3)

NameDesignationAppointment DateStatus
Amit Gupta Country flag representing In Director 19-Aug-2002Current
Usha Rani Country flag representing In Director 20-Dec-1988Current
Vidhu Gupta Country flag representing In Director 01-Feb-2020Current

Financial Performance of Premier Abrasives.

Premier Abrasives Pvt Ltd, for the financial year ended 2022, experienced Minor drop in revenue, with a 5.3% decrease. The company also saw a substantial fall in profitability, with a 26.73% decrease in profit. The company's net worth observed a substantial decline by a decrease of 55.14%.

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
-5.30%
Revenue from Operations
-6.69%
Total Assets
-2.85%
Profit or Loss
-26.73%
Net Worth
-55.14%
EBITDA
-83.47%

What is the Ownership and Shareholding Structure of Premier Abrasives?

In 2020, Premier Abrasives had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Premier Abrasives?

Premier Abrasives has a workforce of 18 employees as of Mar 30, 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 Premier Abrasives, 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 Premier Abrasives'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 Premier Abrasives

Recent activity within the organization

  • Annual General Meeting

    Premier Abrasives Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Premier Abrasives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Director Appointment

    Vidhu Gupta was appointed as a Director was appointed as a Director on 01 Feb 2020 & has been associated with this company since 5 years 22 days .

    01 Feb 2020

  • Director Appointment

    Amit Gupta was appointed as a Director was appointed as a Director on 19 Aug 2002 & has been associated with this company since 22 years 6 months .

    19 Aug 2002

  • Director Appointment

    Usha Rani was appointed as a Director was appointed as a Director on 20 Dec 1988 & has been associated with this company since 36 years 2 months .

    20 Dec 1988

  • Company Incorporation

    Premier Abrasives Private Limited was registered on 20 Dec 1988 with Roc Chandigarh & aged 36 years 2 months as per MCA records.

    20 Dec 1988

Frequently asked questions

  • Premier Abrasives Private Limited was incorporated on 20 Dec 1988.

  • The authorized share capital of Premier Abrasives Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.00 M.

  • Currently 3 directors are associated with Premier Abrasives Private Limited.

    • Amit Gupta
    • Usha Rani
    • Vidhu Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Premier Abrasives Private Limited is 301, East Mohan Nagar India, Amritsar -I, Punjab, 143001.

  • The corporate identification number (CIN) of Premier Abrasives Private Limited is U67120PB1988PTC008911 and the company number is 008911 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Premier Abrasives Private Limited has fallen by -5.30%.

  • As Per 2022 financial reports, 18 employees are currently employed by Premier Abrasives Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Premier Abrasives Private Limited has experienced an downturn of -55.14%.

  • The most recent Balance Sheet for Premier Abrasives Private Limited was filed with the ROC on 31 Mar 2024.