Premier Energies International Profile
Key Indicators
- Authorised Capital ₹ 7.20 Cr
- Paid Up Capital ₹ 2.16 Cr
- Company Age 4 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 858.99 Cr
- Satisfied Charges ₹ 27.00 Cr
- Revenue Growth %
- Profit Growth -1009.00%
- Ebitda -1059.19%
- Net Worth 40.34%
- Total Assets 890.10%
About Premier Energies International
Premier Energies International Private Limited (PEIPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 August 2020 (Four years and six months 17 days old ). Its registered office is in Rangareddy, Telangana, India.
The Corporate was formerly known as Azure Power Fifty Five Private Limited. The Company is engaged in the Energy And Power 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 7.20 Cr and a paid-up capital of Rs 2.16 Cr.
The company currently has active open charges totaling ₹858.99 Cr. The company has closed loans amounting to ₹27.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ragunathan Kannan, Chiranjeev Saluja, Abhishek Loonker, and Four other members serve as directors at the Company.
Company Details
- Location
Rangareddy, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40300TS2020PTC181385
- Company No.
368144
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Aug 2020
- Date of AGM
05 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Energy and Power
Who are the key members and board of directors at Premier Energies International?
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ragunathan Kannan  | Additional Director | 20-Sep-2024 | Current |
| Chiranjeev Saluja | Director | 22-Nov-2021 | Current |
| Abhishek Loonker | Nominee Director | 22-Nov-2021 | Current |
| Gaurang Sethi | Additional Director | 04-Oct-2024 | Current |
| Uday Pilani | Director | 08-Apr-2024 | Current |
| Revathi Buragadda | Director | 12-Jan-2024 | Current |
Financial Performance of Premier Energies International.
Premier Energies International Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 1009% decrease in profit. The company's net worth Soared by an impressive increase of 40.34%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Premier Energies International?
In 2023, Premier Energies International had a promoter holding of 74.00% and a public holding of 26.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sathguru Management Consultants Pvt LtdRagunathan Kannan is a mutual person
Fernandez FoundationRagunathan Kannan is a mutual person
Eugia Pharma Specialities LimitedRagunathan Kannan is a mutual person
Azure Power Fifty Two Private LimitedGaurang Sethi is a mutual person
- Azure Power Fifty Nine Private Limited
Gaurang Sethi is a mutual person
- Azure Sunrise Private Limited
Gaurang Sethi is a mutual person
Charges (Loans)
Open Charges
₹858.99 Cr
Satisfied Charges
₹27.00 Cr
Charges Breakdown by Lending Institutions
- Others : 758.99 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 60.00 Cr
- Hdfc Bank Limited : 40.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jun 2024 | Others | ₹40.00 Cr | Open |
| 29 Apr 2024 | Others | ₹39.00 Cr | Open |
| 13 Mar 2024 | The Hongkong And Shanghai Banking Corporation Limited | ₹60.00 Cr | Open |
| 22 Jan 2024 | Hdfc Bank Limited | ₹40.00 Cr | Open |
| 28 Dec 2023 | Others | ₹50.00 Cr | Open |
How Many Employees Work at Premier Energies International?
Premier Energies International has a workforce of 428 employees as of Apr 08, 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 Energies International, 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 Energies International'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.
Latest Updates, News, and FAQs on Premier Energies International
Recent activity within the organization
- Director Appointment
Gaurang Sethi was appointed as a Additional Director was appointed as a Additional Director on 04 Oct 2024 & has been associated with this company since 5 months .
- Director Appointment
Ragunathan Kannan was appointed as a Additional Director was appointed as a Additional Director on 20 Sep 2024 & has been associated with this company since 5 months 14 days .
- Annual General Meeting
Premier Energies International Private Limited last Annual general meeting of members was held on 05 Aug 2024 as per latest MCA records.
- Charges
A charge with Others of Rs. 40.00 Cr registered on 10 Jun 2024 with Charge ID 100941193 was modified on 26 Jul 2024.
- Charges
A charge with Others of Rs. 39.00 Cr registered on 29 Apr 2024 with Charge ID 100926900 was modified on 26 Jul 2024.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 60.00 Cr registered on 13 Mar 2024 with Charge ID 100891500 was modified on 26 Jul 2024.
Recent News, Updates & Announcement
US probing Indian billionaire Gautam Adani and his group over potential bribery.Investigators are digging into whether an Adani entity, or people linked to the company including Gautam Adani, were involved in paying officials in India for favorable treatment on an energy project, said the people, who asked not to be identified discussing the confidential effort. The probe, which is also looking at Indian renewable energy company Azure Power Global Ltd., is being handled by the US Attorneys Office for the Eastern District of New York and the Justice Departments fraud unit in Washington, said people familiar with the matter. .
- Premier Energies bags Rs 1,700 cr order from NTPC.
Premier Energies on Tuesday said it has bagged an order worth Rs 1,700 crore from NTPC for supply of 608 MW bifacial solar photovoltaic modules.
- Azure Power: New US$350 Million Green Bond to be Issued.
/PRNewswire/ -- Azure Power Solar Energy Private Limited, a wholly owned subsidiary of Azure Power Global Limited (NYSE: AZRE), a leading independent solar....
Frequently asked questions
What is the Incorporation or founding date of Premier Energies International Private Limited?
Premier Energies International Private Limited was incorporated on 18 Aug 2020.
What is authorized share capital and paid-up capital of Premier Energies International Private Limited?
The authorized share capital of Premier Energies International Private Limited is ₹ 7.20 Cr and paid-up capital is ₹ 2.16 Cr.
Who are the current board members & directors of Premier Energies International Private Limited?
Currently 7 directors are associated with Premier Energies International Private Limited.
- Ragunathan Kannan
- Chiranjeev Singh Saluja
- Abhishek Loonker
- Gaurang Sethi
- Uday Sudhir Pilani
- Revathi Rohini Buragadda
- Mohan Preet Singh
What is the registered address of Premier Energies International Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Premier Energies International Private Limited is Plot No. 8/B/1 2 E-City (Fab City) Maheshwaram Mandal Raviryala Village, India, Rangareddy, Telangana, 501359.
What is the corporate identification number (CIN) and company number of Premier Energies International Private Limited?
The corporate identification number (CIN) of Premier Energies International Private Limited is U40300TS2020PTC181385 and the company number is 368144 as per Ministry of Corporate Affairs (MCA).
What is the official website of Premier Energies International Private Limited?
The Official website of Premier Energies International Private Limited is https://www.premierenergies.com
How many employees does Premier Energies International Private Limited currently have?
As Per 2023 financial reports, 428 employees are currently employed by Premier Energies International Private Limited.
What change has been observed in the net worth of Premier Energies International Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Premier Energies International Private Limited has experienced an upsurge of 40.34%.
What are the total open charges for Premier Energies International Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Premier Energies International Private Limited amount to ₹ 858.99 Cr.
When was the last Balance Sheet of Premier Energies International Private Limited filed with the ROC?
The most recent Balance Sheet for Premier Energies International Private Limited was filed with the ROC on 31 Mar 2024.
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