Premier Fine Linens Profile
Key Indicators
- Authorised Capital ₹ 23.00 Cr
- Paid Up Capital ₹ 1.40 M
- Company Age 29 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 558.30 Cr
- Satisfied Charges ₹ 109.80 Cr
- Revenue Growth -5.30%
- Profit Growth -2.38%
- Ebitda -64.44%
- Net Worth 11.36%
- Total Assets -1.15%
About Premier Fine Linens
Premier Fine Linens Private Limited (PFLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 March 1995 and has a history of 29 years and 11 months. Its registered office is in Coimbatore, Tamil Nadu, India.
The Corporate was formerly known as Premier Polyweaves Private Limited. The Company is engaged in the Manufacturing 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 23.00 Cr and a paid-up capital of Rs 1.40 M.
The company currently has active open charges totaling ₹558.30 Cr. The company has closed loans amounting to ₹109.80 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Premier Fine Linens Private Limited India is Gopal Ramachandran as COMPANY SECRETARY. Sabitha Chandran, Karadibhavi Srinivasan, Shanthi Srinivasan, and Four 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
U17111TZ1995PTC005901
- Company No.
005901
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Mar 1995
- Date of AGM
28 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
What products or services does Premier Fine Linens Private Limited offer?
Premier Fine Linens Private Limited offers a wide range of products and services, including Bed Linen & Bedspreads, Bed Sheets, Bedding Set, Printed Bed Sheet, Bed Linen.
Who are the key members and board of directors at Premier Fine Linens?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shanthi Srinivasan  | Managing Director | 04-Aug-2006 | Current |
| Karadibhavi Srinivasan | Managing Director | 08-Mar-1995 | Current |
| Gopal Ramachandran | Company Secretary | 23-Apr-2019 | Current |
| Ramachandran Chandran | Managing Director | 08-Mar-1995 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sabitha Chandran | Director | 07-Apr-2015 | Current |
| Rajuchetty Mathiyazhagan | Additional Director | 08-Apr-2024 | Current |
| Varun Srinivasan | Director | 01-Nov-2021 | Current |
| Kavitha Chandran | Director | 04-Aug-2006 | Current |
Financial Performance of Premier Fine Linens.
Premier Fine Linens Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.3% decrease. The company also saw a slight decrease in profitability, with a 2.38% decrease in profit. The company's net worth Soared by an impressive increase of 11.36%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Premier Fine Linens?
In 2023, Premier Fine Linens 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)
Premier Evolvics Private LimitedSabitha Chandran, Karadibhavi Srinivasan and 3 more are mutual person
Holiday Travels Private LimitedShanthi Srinivasan, Varun Srinivasan and 1 more are mutual person
Premier Mills Private LimitedSabitha Chandran, Karadibhavi Srinivasan and 4 more are mutual person
- Vijayalakshmi Investments Private Limited
Sabitha Chandran and Shanthi Srinivasan are mutual person
- Premier Cotton Textiles Private Limited
Shanthi Srinivasan and Kavitha Chandran are mutual person
Charges (Loans)
₹558.30 Cr
₹109.80 Cr
Charges Breakdown by Lending Institutions
- Others : 323.03 Cr
- Hdfc Bank Limited : 164.85 Cr
- Andhra Bank : 46.02 Cr
- The Bank Of Nova Scotia : 12.00 Cr
- Export-Import Bank Of India : 6.40 Cr
- Others : 6.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2023 | Others | ₹120.00 Cr | Open |
| 05 Aug 2022 | Hdfc Bank Limited | ₹40.00 Cr | Open |
| 14 Feb 2022 | Hdfc Bank Limited | ₹3.00 Cr | Open |
| 05 Aug 2021 | Hdfc Bank Limited | ₹7.85 Cr | Open |
| 04 Dec 2020 | Hdfc Bank Limited | ₹3.00 Cr | Open |
How Many Employees Work at Premier Fine Linens?
Premier Fine Linens has a workforce of 1842 employees as of Apr 06, 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 Fine Linens, 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 Fine Linens'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.
