Premier Elmech Systems Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 26 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.50 Cr
- Satisfied Charges ₹ 5.72 Cr
- Revenue Growth 27.75%
- Profit Growth 17.04%
- Ebitda 161.32%
- Net Worth 13.08%
- Total Assets 2.54%
About Premier Elmech Systems
Premier Elmech Systems Private Limited (PESPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 May 1998 and has a history of 26 years and nine months. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Consumer Electronics & Durables Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹6.50 Cr. The company has closed loans amounting to ₹5.72 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vijaychand Premchand, Asha Vijaychand, Goutham Parekhvijaychand, and One other member serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51909TN1998PTC040531
- Company No.
040531
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 May 1998
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Premier Elmech Systems?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijaychand Premchand  | Director | 20-May-1998 | Current |
| Asha Vijaychand | Director | 20-May-1998 | Current |
| Goutham Parekhvijaychand | Director | 16-Apr-2008 | Current |
| Vijaychand Parekh | Director | 23-Jan-2012 | Current |
Financial Performance of Premier Elmech Systems.
Premier Elmech Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.75% increase. The company also saw a substantial improvement in profitability, with a 17.04% increase in profit. The company's net worth Soared by an impressive increase of 13.08%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Premier Elmech Systems?
In 2023, Premier Elmech Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹6.50 Cr
₹5.72 Cr
Charges Breakdown by Lending Institutions
- The Hongkong And Shanghai Banking Corporation Limited : 6.25 Cr
- Hdfc Bank Limited : 0.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Feb 2023 | Hdfc Bank Limited | ₹1.00 M | Open |
| 28 Jan 2022 | Hdfc Bank Limited | ₹1.50 M | Open |
| 31 Mar 2017 | The Hongkong And Shanghai Banking Corporation Limited | ₹2.50 M | Open |
| 10 Jun 2013 | The Hongkong And Shanghai Banking Corporation Limited | ₹6.00 Cr | Open |
| 19 Jan 2011 | Standard Chartered Bank | ₹4.50 Cr | Satisfied |
How Many Employees Work at Premier Elmech Systems?
Premier Elmech Systems has a workforce of 42 employees as of Mar 27, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Premier Elmech Systems, 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 Elmech Systems's trajectory.
Rating
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
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.