Premier Energies Profile
Key Indicators
- Authorised Capital ₹ 55.00 Cr
as on 05-07-2024
- Paid Up Capital ₹ 33.41 Cr
as on 05-07-2024
- Company Age 29 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1,634.73 Cr
as on 05-07-2024
- Satisfied Charges ₹ 569.76 Cr
as on 05-07-2024
- Revenue -3.51%
(FY 2023)
- Profit -21.49%
(FY 2023)
- Ebitda -54.55%
(FY 2023)
- Net Worth 3.54%
(FY 2023)
- Total Assets 0.07%
(FY 2023)
About Premier Energies
The Corporate was formerly known as Premier Solar Systems 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 2023. It's a company limited by shares with an authorized capital of Rs 55.00 Cr and a paid-up capital of Rs 33.41 Cr.
The company currently has active open charges totaling ₹1,634.73 Cr. The company has closed loans amounting to ₹569.76 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Premier Energies Limited India are Shri Khandelwal as CFO and Ravella Rao as Company Secretary. Sridhar Narayan, Jasbir Gujral, Ragunathan Kannan, and Seven other members serve as directors at the Company.
- CIN/LLPIN
U40106TG1995PLC019909
- Company No.
019909
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
03 Apr 1995
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Premier Energies Limited offer?
Premier Energies Limited offers a wide range of products and services, including Telecommunication Equipment & Parts, Public Address Systems, Solar & Renewable Energy Products, Solar Lamps, Solar Power Plants.
Who are the key members and board of directors at Premier Energies?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chiranjeev Saluja  | Managing Director | 01-Apr-1997 | Current |
| Shri Khandelwal | CFO | 01-Sep-2023 | Current |
| Ravella Rao | Company Secretary | 24-Mar-2022 | Current |
Board Members(9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ragunathan Kannan | Director | 29-Mar-2024 | Current |
| Sridhar Narayan | Nominee Director | 28-Sep-2021 | Current |
| Jasbir Gujral | Director | 29-Mar-2024 | Current |
| Surenderpal Saluja | Whole-Time Director | 03-Apr-1995 | Current |
| Abhishek Loonker | Nominee Director | 28-Sep-2021 | Current |
| Rohan Mehta | Director | 18-Mar-2020 | Current |
Financial Performance and Corporate Structure Insights of Premier Energies.
Premier Energies Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.51% decrease. The company also saw a substantial fall in profitability, with a 21.49% decrease in profit. The company's net worth moved up by a moderate rise of 3.54%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Premier Energies?
In 2023, Premier Energies had a promoter holding of 83.36% and a public holding of 16.63%. The company had 6 Subsidiaries and 2 Associate Companies. 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 LtdActive 39 years 7 monthsRagunathan Kannan is a mutual person
Syrma Sgs Technology And Engineering Services LimitedActive 1 year 9 monthsJasbir Gujral is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 21 Dec 2023 | ₹45.00 Cr | Open |
Others Creation Date: 15 Dec 2023 | ₹131.25 Cr | Open |
Others Creation Date: 04 Nov 2023 | ₹60.00 Cr | Open |
How Many Employees Work at Premier Energies?
Unlock and access historical data on people associated with Premier Energies, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Premier Energies, 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'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.
