Premier Cotton Textiles Private Limited

Manufactures yarn as part of Premier Group.

1996 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Premier Cotton Textiles Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 28 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 16.38 Cr
  • Revenue Growth %
  • Profit Growth -6.35%
  • Ebitda -6.35%
  • Net Worth -3.68%
  • Total Assets -22.56%

About Premier Cotton Textiles

Premier Cotton Textiles Private Limited (PCTPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 March 1996 and has a history of 28 years and 11 months. Its registered office is in Coimbatore, Tamil Nadu, 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹16.38 Cr.

Shanthi Srinivasan and Kavitha Chandran serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    premiermills.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29252TZ1996PTC007017

  • Company No.

    007017

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Mar 1996

  • Date of AGM

    31 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Machinery and Equipment

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

Board Members (2)

NameDesignationAppointment DateStatus
Shanthi Srinivasan Country flag representing In Director 30-Mar-2024Current
Kavitha Chandran Country flag representing In Director 23-Mar-2015Current

Financial Performance of Premier Cotton Textiles.

Premier Cotton Textiles Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a slight decrease in profitability, with a 6.35% decrease in profit. The company's net worth dipped by a decrease of 3.68%.

Premier Cotton Textiles revenue growth over time
Premier Cotton Textiles 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
-22.56%
Profit or Loss
-6.35%
Net Worth
-3.68%
EBITDA
-6.35%

What is the Ownership and Shareholding Structure of Premier Cotton Textiles?

Unlock access to Premier Cotton Textiles's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹163.75 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • M/S. Andhra Bank : 3.32 Cr
  • Indsutrial Development Bank Of India : 3.30 Cr
  • The Industrial Credit & Invesement Corporation Of India Ltd. : 2.10 Cr
  • The Industrial Development Bank Of India : 2.00 Cr
  • Canara Bank : 1.90 Cr
  • Others : 3.76 Cr

Latest Charge Details

DateLenderAmountStatus
29 May 1997Deutsche Bank₹3.00 MOpen
23 Oct 1991The Industrial Credit & Invesement Corporation Of India Ltd.₹1.80 CrOpen
23 May 1991The Industrial Development Bank Of India₹2.00 CrOpen
11 Oct 1990Indsutrial Development Bank Of India₹2.40 CrOpen
21 Dec 1989Canara Bank₹1.00 CrOpen

How Many Employees Work at Premier Cotton Textiles?

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

Employee growth trends for Premier Cotton Textiles Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Premier Cotton Textiles, 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 Cotton Textiles'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 Cotton Textiles

Recent activity within the organization

  • Annual General Meeting

    Premier Cotton Textiles Private Limited last Annual general meeting of members was held on 31 Jul 2024 as per latest MCA records.

  • Balance Sheet

    Premier Cotton Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Director Appointment

    Shanthi Srinivasan was appointed as a Director was appointed as a Director on 30 Mar 2024 & has been associated with this company since 11 months 4 days .

  • Director Appointment

    Kavitha Chandran was appointed as a Director was appointed as a Director on 23 Mar 2015 & has been associated with this company since 9 years 11 months .

  • Charges

    A charge with Deutsche Bank amounted to Rs. 3.00 M with Charge ID 90326940 was registered on 29 May 1997.

  • Charges

    A charge with Industrial Finance Corporation Of India of Rs. 2.50 M registered on 30 Mar 1988 with Charge ID 90326439 was modified on 08 Apr 1993.

Frequently asked questions

  • What is the Incorporation or founding date of Premier Cotton Textiles Private Limited?

    Premier Cotton Textiles Private Limited was incorporated on 08 Mar 1996.

  • What is authorized share capital and paid-up capital of Premier Cotton Textiles Private Limited?

    The authorized share capital of Premier Cotton Textiles Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Premier Cotton Textiles Private Limited?

    Currently 2 directors are associated with Premier Cotton Textiles Private Limited.

    • Shanthi Srinivasan
    • Kavitha Chandran

  • What is the registered address of Premier Cotton Textiles Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Premier Cotton Textiles Private Limited is Rrlandmarkno.1E-1Navaindiaroad India, Coimbatore, Tamil Nadu, 641028.

  • What is the corporate identification number (CIN) and company number of Premier Cotton Textiles Private Limited?

    The corporate identification number (CIN) of Premier Cotton Textiles Private Limited is U29252TZ1996PTC007017 and the company number is 007017 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Premier Cotton Textiles Private Limited?

    The Official website of Premier Cotton Textiles Private Limited is https://www.premiermills.com

  • What change has been observed in the net worth of Premier Cotton Textiles Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Premier Cotton Textiles Private Limited has experienced an downturn of -3.68%.

  • What are the total open charges for Premier Cotton Textiles Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Premier Cotton Textiles Private Limited amount to ₹ 16.38 Cr.

  • When was the last Balance Sheet of Premier Cotton Textiles Private Limited filed with the ROC?

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

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