Premier Evolvics Profile
Key Indicators
- Authorised Capital ₹ 3.41 Cr
- Paid Up Capital ₹ 2.52 Cr
- Company Age 43 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 17.00 Cr
- Revenue Growth 72.34%
- Profit Growth 95.58%
- Ebitda 98.12%
- Net Worth 18.45%
- Total Assets 36.68%
About Premier Evolvics
Premier Evolvics Private Limited (PEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 September 1981 and has a history of 43 years and five months. Its registered office is in Coimbatore, Tamil Nadu, India.
The Corporate was formerly known as Premier Textile Instruments Limited. 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 3.41 Cr and a paid-up capital of Rs 2.52 Cr.
The company has closed loans amounting to ₹17.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Sabitha Chandran, Karadibhavi Srinivasan, Shanthi Srinivasan, and Five other members serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U02520TZ1981PTC001107
- Company No.
001107
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Sep 1981
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
What products or services does Premier Evolvics Private Limited offer?
Premier Evolvics Private Limited offers a wide range of products and services, including Testing & Measuring Equipments, Fabric Testing Equipment, Testing Equipment, Business Planning and Management, Business Consultant, Yarn Testing Equipment, Pharmaceutical Machinery & Equipment, Pharmaceutical Machines, Inspection & Quality Check Services, Material & Product Analysis Service.
Who are the key members and board of directors at Premier Evolvics?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramachandran Chandran  | Managing Director | 11-Mar-1983 | Current |
| Kavitha Chandran | Managing Director | 12-Aug-2006 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shanthi Srinivasan | Director | 12-Aug-2006 | Current |
| Sabitha Chandran | Director | 07-Apr-2015 | Current |
| Karadibhavi Srinivasan | Director | 01-Jul-1989 | Current |
| Diya Varadaraj | Director | 01-Jan-2022 | Current |
| Armaan Varadaraj | Director | 01-Jan-2022 | Current |
| Srinivasan | Director | 20-Jun-2024 | Current |
Financial Performance of Premier Evolvics.
Premier Evolvics Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 72.34% increase. The company also saw a substantial improvement in profitability, with a 95.58% increase in profit. The company's net worth Soared by an impressive increase of 18.45%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Premier Evolvics?
In 2022, Premier Evolvics had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Holiday Travels Private LimitedShanthi Srinivasan and Kavitha Chandran are mutual person
Premier Mills Private LimitedSabitha Chandran, Karadibhavi Srinivasan and 3 more are mutual person
- Vijayalakshmi Investments Private Limited
Sabitha Chandran and Shanthi Srinivasan are mutual person
- Sree Narasimha Textiles Private Limited
Karadibhavi Srinivasan and Shanthi Srinivasan are mutual person
- Premier Cotton Textiles Private Limited
Shanthi Srinivasan and Kavitha Chandran are mutual person
Premier Fine Linens Private LimitedSabitha Chandran, Karadibhavi Srinivasan and 3 more are mutual person
Charges (Loans)
₹0
₹17.00 Cr
Charges Breakdown by Lending Institutions
- Punjab National Bank : 6.60 Cr
- Andhra Bank : 6.60 Cr
- The Bank Of Nova Scotia : 3.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Dec 2003 | The Bank Of Nova Scotia | ₹3.80 Cr | Satisfied |
| 27 Nov 2003 | Andhra Bank | ₹6.60 Cr | Satisfied |
| 17 Oct 2003 | Punjab National Bank | ₹6.60 Cr | Satisfied |
How Many Employees Work at Premier Evolvics?
Premier Evolvics has a workforce of 363 employees as of Apr 09, 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 Evolvics, 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 Evolvics'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.
