Premier Electro Technologies Private Limited

Manufactures electronic goods including TVs, radios, and office automation products.

1984 | Bangaluru, Karnataka (India) | Active
Last Updated: December 16, 2024

Premier Electro Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.09 M
  • Company Age 40 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 23.00 Cr
  • Revenue Growth -4.96%
  • Profit Growth 1.97%
  • Ebitda 23.72%
  • Net Worth 10.94%
  • Total Assets -0.67%

About Premier Electro Technologies

Premier Electro Technologies Private Limited (PETPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 October 1984 and has a history of 40 years and three months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Premier Televisions Private Limited. The Company is engaged in the Information Technology 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 1.50 M and a paid-up capital of Rs 1.09 M.

The company has closed loans amounting to ₹23.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Prakashchand Premchand, Subhadra Chand, Varsha Prakashchand, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29309KA1984PTC006456

  • Company No.

    006456

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Oct 1984

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

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

Board Members (4)

Name Designation Appointment Date Status
Prakashchand Premchand Country flag representing In Director 22-Oct-1984 Current
Subhadra Chand Country flag representing In Director 22-Oct-1984 Current
Varsha Prakashchand Country flag representing In Director 22-Apr-2004 Current
Trishla Jain Country flag representing In Director 22-Oct-2004 Current

Financial Performance of Premier Electro Technologies.

Premier Electro Technologies Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 4.96% decrease. The company also saw a slight improvement in profitability, with a 1.97% increase in profit. The company's net worth Soared by an impressive increase of 10.94%.

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
-4.96%
Revenue from Operations
Total Assets
-0.67%
Profit or Loss
1.97%
Net Worth
10.94%
EBITDA
23.72%

What is the Ownership and Shareholding Structure of Premier Electro Technologies?

In 2018, Premier Electro Technologies 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

₹0

Satisfied Charges

₹230.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 23.00 Cr

Latest Charge Details

Date Lender Amount Status
22 Sep 2015 Hdfc Bank Limited ₹5.00 Cr Satisfied
27 Dec 2012 Hdfc Bank Limited ₹3.00 Cr Satisfied
27 Dec 2012 Hdfc Bank Limited ₹15.00 Cr Satisfied

How Many Employees Work at Premier Electro Technologies?

Unlock and access historical data on people associated with Premier Electro Technologies, 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 Electro Technologies, 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 Electro Technologies'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 Electro Technologies

Recent activity within the organization

  • Annual General Meeting

    Premier Electro Technologies 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 Electro Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge registered on 22 Sep 2015 via Charge ID 10610230 with Hdfc Bank Limited was fully satisfied on 27 Nov 2019.

    27 Nov 2019

  • Charges

    A charge registered on 27 Dec 2012 via Charge ID 10396335 with Hdfc Bank Limited was fully satisfied on 27 Nov 2019.

    27 Nov 2019

  • Charges

    A charge registered on 27 Dec 2012 via Charge ID 10403232 with Hdfc Bank Limited was fully satisfied on 27 Nov 2019.

    27 Nov 2019

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 50.00 M with Charge ID 10610230 was registered on 22 Sep 2015.

    22 Sep 2015

Frequently asked questions

  • Premier Electro Technologies Private Limited was incorporated on 22 Oct 1984.

  • The authorized share capital of Premier Electro Technologies Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.09 M.

  • Currently 4 directors are associated with Premier Electro Technologies Private Limited.

    • Prakashchand Premchand
    • Subhadra Prakash Chand
    • Varsha Prakashchand
    • Trishla Prakash Chand Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Premier Electro Technologies Private Limited is 132/1(New 76) Margosa Road Malleshwaram, (Between 9Th 10Th Cross) India, Bangalore, Karnataka, 560003.

  • The corporate identification number (CIN) of Premier Electro Technologies Private Limited is U29309KA1984PTC006456 and the company number is 006456 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Premier Electro Technologies Private Limited has fallen by -4.96%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Premier Electro Technologies Private Limited has experienced an upsurge of 10.94%.

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