Premier Bars Limited

Manufactures steel ingots and primary forms as part of Premier Group.

2004 | Jaipur, Rajasthan (India) | Active
Last Updated: January 02, 2025

Premier Bars Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 14.31 Cr
  • Company Age 21 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 62.33 Cr
  • Satisfied Charges ₹ 94.48 Cr
  • Revenue Growth 42.96%
  • Profit Growth 123.86%
  • Ebitda 19.02%
  • Net Worth 23.23%
  • Total Assets -3.39%

About Premier Bars

Premier Bars Limited (PBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 January 2004 and has a history of 21 years and one month. Its registered office is in Jaipur, Rajasthan, India.

The Corporate was formerly known as Premier Bars Private Limited. The Company is engaged in the Metals And Minerals 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 15.00 Cr and a paid-up capital of Rs 14.31 Cr.

The company currently has active open charges totaling ₹62.33 Cr. The company has closed loans amounting to ₹94.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Premier Bars Limited India is Pankaj Saini as CFO. Arun Jain, Ashish Agarwal, Sunil Khandelwal, and One other member serve as directors at the Company.

Company Details

  • Location

    Jaipur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    premierispat.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27104RJ2004PLC018869

  • Company No.

    018869

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Jan 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Metals and Minerals

What products or services does Premier Bars Limited offer?

Premier Bars Limited offers a wide range of products and services, including Street, Flood and Commercial Lights, Lighting Poles, Steel Bars, Rods, Plates & Sheets, Steel Bars, Road Barriers & Safety, Road Safety Products, Aluminum, Brass, Bronze Pipes, Rounded Pipe, Metal & Metal Made Products, Metal Bars.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Arun Jain Country flag representing In Managing Director20-Nov-2004Current
Pankaj Saini CFO10-Jan-2019Current

Board Members (3)

NameDesignationAppointment DateStatus
Megha Dhanuka Country flag representing In Director 18-Mar-2022Current
Ashish Agarwal Country flag representing In Director 21-Feb-2019Current
Sunil Khandelwal Country flag representing In Director 17-Mar-2021Current

Financial Performance of Premier Bars.

Premier Bars Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 42.96% increase. The company also saw a substantial improvement in profitability, with a 123.86% increase in profit. The company's net worth Soared by an impressive increase of 23.23%.

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
42.96%
Revenue from Operations
42.83%
Total Assets
-3.39%
Profit or Loss
123.86%
Net Worth
23.23%
EBITDA
19.02%

What is the Ownership and Shareholding Structure of Premier Bars?

In 2023, Premier Bars had a promoter holding of 27.40% and a public holding of 72.61%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹62.33 Cr

Satisfied Charges

₹94.48 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 46.21 Cr
  • Others : 16.12 Cr

Latest Charge Details

DateLenderAmountStatus
26 Feb 2024Others₹1.76 MOpen
16 Jan 2024Others₹1.04 MOpen
08 Jan 2024Others₹15.27 CrOpen
27 Dec 2023Others₹2.55 MOpen
18 Nov 2023Others₹3.13 MOpen

How Many Employees Work at Premier Bars?

Premier Bars has a workforce of 35 employees as of Apr 23, 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 Bars, 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 Bars'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 Bars

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Premier Bars Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.18 Cr with Charge ID 100874824 was registered on 26 Feb 2024.

    26 Feb 2024

  • Charges

    A charge registered on 01 Aug 2022 via Charge ID 100599965 with Others was fully satisfied on 30 Jan 2024.

    30 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 0.10 Cr with Charge ID 100871713 was registered on 16 Jan 2024.

    16 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 15.27 Cr with Charge ID 100846241 was registered on 08 Jan 2024.

    08 Jan 2024

Frequently asked questions

  • Premier Bars Limited was incorporated on 07 Jan 2004.

  • The authorized share capital of Premier Bars Limited is ₹ 15.00 Cr and paid-up capital is ₹ 14.31 Cr.

  • Currently 5 directors are associated with Premier Bars Limited.

    • Arun Kumar Jain
    • Ashish Agarwal
    • Sunil Khandelwal
    • Megha Dhanuka
    • Pankaj Saini
  • As per Ministry of Corporate Affairs (Mca), the registered address of Premier Bars Limited is 402 Nidhi Kamal Tower 4Th Floor Ajmer Road, Jaipur, Rajasthan, India, 302006.

  • The corporate identification number (CIN) of Premier Bars Limited is U27104RJ2004PLC018869 and the company number is 018869 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Premier Bars Limited is https://www.premierispat.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Premier Bars Limited has risen by 42.96%.

  • As Per 2022 financial reports, 35 employees are currently employed by Premier Bars Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Premier Bars Limited has experienced an upsurge of 23.23%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Premier Bars Limited amount to ₹ 62.33 Cr.

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

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