Premier Energies International Private Limited

Founded in 2020 and headquartered in Telangana, India.

2020 | Rangareddy, Telangana (India) | Active
Last Updated: October 29, 2024

Premier Energies International Profile

Key Indicators

  • Authorised Capital ₹ 7.20 Cr
  • Paid Up Capital ₹ 2.16 Cr
  • Company Age 4 Year, 5 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 five months 15 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

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 Country flag representing In Additional Director 20-Sep-2024 Current
Chiranjeev Saluja Country flag representing In Director 22-Nov-2021 Current
Abhishek Loonker Country flag representing In Nominee Director 22-Nov-2021 Current
Gaurang Sethi Country flag representing In Additional Director 04-Oct-2024 Current
Uday Pilani Country flag representing In Director 08-Apr-2024 Current
Revathi Buragadda Country flag representing In 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%.

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
Revenue from Operations
Total Assets
890.10%
Profit or Loss
-1009.00%
Net Worth
40.34%
EBITDA
-1059.19%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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 3 months 29 days .

    04 Oct 2024

  • 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 4 months 13 days .

    20 Sep 2024

  • 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.

    05 Aug 2024

  • 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.

    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.

    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.

    26 Jul 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Premier Energies International Private Limited was incorporated on 18 Aug 2020.

  • The authorized share capital of Premier Energies International Private Limited is ₹ 7.20 Cr and paid-up capital is ₹ 2.16 Cr.

  • 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
  • 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.

  • 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).

  • The Official website of Premier Energies International Private Limited is https://www.premierenergies.com

  • As Per 2023 financial reports, 428 employees are currently employed by Premier Energies International Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Premier Energies International Private Limited amount to ₹ 858.99 Cr.

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

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