Premier Engineering Technics Private Limited

Manufacturer of material handling, cargo and sorting systems, automation and security equipment for airports.

2003 | Mumbai, Maharashtra (India) | Active
Last Updated: December 26, 2024

Premier Engineering Technics Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 22 Year, 11 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.15 Cr
  • Satisfied Charges ₹ 4.75 Cr
  • Revenue Growth -37.09%
  • Profit Growth -41.30%
  • Ebitda -46.01%
  • Net Worth 17.28%
  • Total Assets -32.59%

About Premier Engineering Technics

Premier Engineering Technics Private Limited (PETPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 February 2003 and has a history of 22 years. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 2.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹8.15 Cr. The company has closed loans amounting to ₹4.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Paresh Sanghvi and Rupal Sanghvi serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    premiertechnics.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31300MH2003PTC138970

  • Company No.

    138970

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Feb 2003

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

Who are the key members and board of directors at Premier Engineering Technics?

Board Members (2)

Name Designation Appointment Date Status
Paresh Sanghvi Country flag representing In Director 03-Feb-2003 Current
Rupal Sanghvi Country flag representing In Director 01-Apr-2003 Current

Financial Performance of Premier Engineering Technics.

Premier Engineering Technics Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 37.09% decrease. The company also saw a substantial fall in profitability, with a 41.3% decrease in profit. The company's net worth Soared by an impressive increase of 17.28%.

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
-37.09%
Revenue from Operations
-38.29%
Total Assets
-32.59%
Profit or Loss
-41.30%
Net Worth
17.28%
EBITDA
-46.01%

What is the Ownership and Shareholding Structure of Premier Engineering Technics?

Unlock access to Premier Engineering Technics's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹81.50 M

Satisfied Charges

₹47.50 M

Charges Breakdown by Lending Institutions

  • Others : 8.15 Cr

Latest Charge Details

Date Lender Amount Status
28 May 2018 Others ₹8.15 Cr Open
03 Feb 2010 Bank Of Maharashtra ₹5.00 M Satisfied
03 Feb 2010 Bank Of Maharashtra ₹7.50 M Satisfied
03 Feb 2010 Bank Of Maharashtra ₹3.50 Cr Satisfied

How Many Employees Work at Premier Engineering Technics?

Premier Engineering Technics has a workforce of 127 employees as of Apr 01, 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 Engineering Technics, 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 Engineering Technics'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 Engineering Technics

Recent activity within the organization

  • Annual General Meeting

    Premier Engineering Technics Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

    25 Sep 2024

  • Balance Sheet

    Premier Engineering Technics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 81.50 M registered on 28 May 2018 with Charge ID 100196794 was modified on 07 Feb 2020.

    07 Feb 2020

  • Charges

    A charge registered on 03 Feb 2010 via Charge ID 10204002 with Bank Of Maharashtra was fully satisfied on 04 Aug 2018.

    04 Aug 2018

  • Charges

    A charge registered on 03 Feb 2010 via Charge ID 10204003 with Bank Of Maharashtra was fully satisfied on 04 Aug 2018.

    04 Aug 2018

  • Charges

    A charge registered on 03 Feb 2010 via Charge ID 10204004 with Bank Of Maharashtra was fully satisfied on 04 Aug 2018.

    04 Aug 2018

Frequently asked questions

  • Premier Engineering Technics Private Limited was incorporated on 03 Feb 2003.

  • The authorized share capital of Premier Engineering Technics Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Premier Engineering Technics Private Limited.

    • Paresh Dolatrai Sanghvi
    • Rupal Paresh Sanghvi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Premier Engineering Technics Private Limited is 901-B, Business Suites 9 S.V. Road India, Mumbai, Maharashtra, 400054.

  • The corporate identification number (CIN) of Premier Engineering Technics Private Limited is U31300MH2003PTC138970 and the company number is 138970 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Premier Engineering Technics Private Limited is https://www.premiertechnics.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Premier Engineering Technics Private Limited has fallen by -37.09%.

  • As Per 2022 financial reports, 127 employees are currently employed by Premier Engineering Technics Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Premier Engineering Technics Private Limited has experienced an upsurge of 17.28%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Premier Engineering Technics Private Limited amount to ₹ 8.15 Cr.

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