Premier Art Silk Processors Private Limited

Textile processing and manufacturing company specializing in silk and synthetic fabrics.

1975 | Surat, Gujarat (India) | Active
Last Updated: January 05, 2025

Premier Art Silk Processors Profile

Key Indicators

  • Authorised Capital ₹ 2.10 M
  • Paid Up Capital ₹ 2.10 M
  • Company Age 49 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.50 Cr
  • Revenue Growth %
  • Profit Growth -75.96%
  • Ebitda -76.03%
  • Net Worth -39.08%
  • Total Assets 57.74%

About Premier Art Silk Processors

Premier Art Silk Processors Private Limited (PASPPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 December 1975 and has a history of 49 years and two months. Its registered office is in Surat, Gujarat, India.

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 2.10 M and a paid-up capital of Rs 2.10 M.

The company currently has active open charges totaling ₹1.50 Cr.

Girijashankar Bajaj and Ashish Bajaj serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17119GJ1975PTC002861

  • Company No.

    002861

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Dec 1975

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Premier Art Silk Processors?

Board Members (2)

NameDesignationAppointment DateStatus
Girijashankar Bajaj Country flag representing In Director 02-Nov-1991Current
Ashish Bajaj Country flag representing In Director 12-Dec-2011Current

Financial Performance of Premier Art Silk Processors.

Premier Art Silk Processors Private Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 75.96% decrease in profit. The company's net worth observed a substantial decline by a decrease of 39.08%.

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
Revenue from Operations
Total Assets
57.74%
Profit or Loss
-75.96%
Net Worth
-39.08%
EBITDA
-76.03%

What is the Ownership and Shareholding Structure of Premier Art Silk Processors?

In 2017, Premier Art Silk Processors 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)

Open Charges

₹15.05 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 0.87 Cr
  • Mazda Leasing Ltd. : 0.31 Cr
  • Canara Bank : 0.27 Cr
  • Dena Bank : 0.06 Cr

Latest Charge Details

DateLenderAmountStatus
20 Mar 1989Union Bank Of India₹2.20 MOpen
08 Nov 1988Union Bank Of India₹6.50 MOpen
25 Oct 1985Canara Bank₹1.30 MOpen
20 Oct 1985Canara Bank₹0.79 MOpen
18 Apr 1985Mazda Leasing Ltd.₹0.67 MOpen

How Many Employees Work at Premier Art Silk Processors?

Unlock and access historical data on people associated with Premier Art Silk Processors, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Premier Art Silk Processors, 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 Art Silk Processors'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 Art Silk Processors

Recent activity within the organization

  • Annual General Meeting

    Premier Art Silk Processors 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 Art Silk Processors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Ashish Bajaj was appointed as a Director was appointed as a Director on 12 Dec 2011 & has been associated with this company since 13 years 2 months .

    12 Dec 2011

  • Director Appointment

    Girijashankar Radhakrishnan Bajaj was appointed as a Director was appointed as a Director on 02 Nov 1991 & has been associated with this company since 33 years 3 months .

    02 Nov 1991

  • Charges

    A charge with Union Bank Of India amounted to Rs. 2.20 M with Charge ID 90314304 was registered on 20 Mar 1989.

    20 Mar 1989

  • Charges

    A charge with Union Bank Of India amounted to Rs. 6.50 M with Charge ID 90314210 was registered on 08 Nov 1988.

    08 Nov 1988

Frequently asked questions

  • Premier Art Silk Processors Private Limited was incorporated on 22 Dec 1975.

  • The authorized share capital of Premier Art Silk Processors Private Limited is ₹ 2.10 M and paid-up capital is ₹ 2.10 M.

  • Currently 2 directors are associated with Premier Art Silk Processors Private Limited.

    • Girijashankar Radhakrishnan Bajaj
    • Ashish Bajaj
  • As per Ministry of Corporate Affairs (Mca), the registered address of Premier Art Silk Processors Private Limited is Shop No 13 Plot 226/1 Gidc Pandesra India, Surat, Gujarat, 394221.

  • The corporate identification number (CIN) of Premier Art Silk Processors Private Limited is U17119GJ1975PTC002861 and the company number is 002861 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2017 indicates that The net worth of Premier Art Silk Processors Private Limited has experienced an downturn of -39.08%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Premier Art Silk Processors Private Limited amount to ₹ 1.50 Cr.

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

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