Premier Fine Linens Private Limited

Manufacturer of high-quality bed and table linens with various thread counts and embellishments.

1995 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Premier Fine Linens Profile

Key Indicators

  • Authorised Capital ₹ 23.00 Cr
  • Paid Up Capital ₹ 1.40 M
  • Company Age 30 Year, 2 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 30 years and two 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

Manufacturing

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.

Company report

Premier Fine Linens Private Limited

Explore comprehensive data for Premier Fine Linens Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Premier Fine Linens?

Executive Team (4)

NameDesignationAppointment DateStatus
Shanthi Srinivasan Country flag representing In Managing Director04-Aug-2006Current
Karadibhavi Srinivasan Country flag representing In Managing Director08-Mar-1995Current
Gopal Ramachandran Country flag representing In Company Secretary23-Apr-2019Current
Ramachandran Chandran Country flag representing In Managing Director08-Mar-1995Current

Board Members (4)

NameDesignationAppointment DateStatus
Sabitha Chandran Country flag representing In Director 07-Apr-2015Current
Rajuchetty Mathiyazhagan Country flag representing In Additional Director 08-Apr-2024Current
Varun Srinivasan Country flag representing In Director 01-Nov-2021Current
Kavitha Chandran Country flag representing In Director 04-Aug-2006Current

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%.

Premier Fine Linens revenue growth over time
Premier Fine Linens 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
-5.30%
Revenue from Operations
-11.55%
Total Assets
-1.15%
Profit or Loss
-2.38%
Net Worth
11.36%
EBITDA
-64.44%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹558.30 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
30 Mar 2023Others₹120.00 CrOpen
05 Aug 2022Hdfc Bank Limited₹40.00 CrOpen
14 Feb 2022Hdfc Bank Limited₹3.00 CrOpen
05 Aug 2021Hdfc Bank Limited₹7.85 CrOpen
04 Dec 2020Hdfc Bank Limited₹3.00 CrOpen

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.

Employee growth trends for Premier Fine Linens Private Limited

Deals i

Graph showing company valuation over time

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

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 Fine Linens

Recent activity within the organization

  • Director Appointment

    Rajuchetty Mathiyazhagan was appointed as a Additional Director was appointed as a Additional Director on 08 Apr 2024 & has been associated with this company since 1 year 1 month .

  • Charges

    A charge with Others of Rs. 120.00 Cr registered on 30 Mar 2023 with Charge ID 100706201 was modified on 12 Mar 2024.

  • Annual General Meeting

    Premier Fine Linens Private Limited last Annual general meeting of members was held on 28 Aug 2023 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 56.50 Cr registered on 31 Oct 2000 with Charge ID 80029254 was modified on 27 Apr 2023.

  • Balance Sheet

    Premier Fine Linens Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

  • Charges

    A charge with Others amounted to Rs. 120.00 Cr with Charge ID 100706201 was registered on 30 Mar 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Premier Fine Linens Private Limited?

    Premier Fine Linens Private Limited was incorporated on 08 Mar 1995.

  • What is authorized share capital and paid-up capital of Premier Fine Linens Private Limited?

    The authorized share capital of Premier Fine Linens Private Limited is ₹ 23.00 Cr and paid-up capital is ₹ 1.40 M.

  • Who are the current board members & directors of Premier Fine Linens Private Limited?

    Currently 8 directors are associated with Premier Fine Linens Private Limited.

    • Sabitha Chandran
    • Karadibhavi Varadarajan Srinivasan
    • Shanthi Srinivasan
    • Gopal Ramachandran
    • Rajuchetty Mathiyazhagan
    • Varun Srinivasan
    • Kavitha Chandran
    • Ramachandran Jagadish Chandran

  • What is the registered address of Premier Fine Linens Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Premier Fine Linens Private Limited is Rrlandmarkno.1E-1Navaindiaroad India, Coimbatore, Tamil Nadu, 641028.

  • What is the corporate identification number (CIN) and company number of Premier Fine Linens Private Limited?

    The corporate identification number (CIN) of Premier Fine Linens Private Limited is U17111TZ1995PTC005901 and the company number is 005901 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Premier Fine Linens Private Limited?

    The Official website of Premier Fine Linens Private Limited is https://www.premierfinelinens.com

  • What has been the recent revenue trend for Premier Fine Linens Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Premier Fine Linens Private Limited has fallen by -5.30%.

  • How many employees does Premier Fine Linens Private Limited currently have?

    As Per 2023 financial reports, 1842 employees are currently employed by Premier Fine Linens Private Limited.

  • What change has been observed in the net worth of Premier Fine Linens Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Premier Fine Linens Private Limited has experienced an upsurge of 11.36%.

  • What are the total open charges for Premier Fine Linens Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Premier Fine Linens Private Limited amount to ₹ 558.30 Cr.

  • When was the last Balance Sheet of Premier Fine Linens Private Limited filed with the ROC?

    The most recent Balance Sheet for Premier Fine Linens Private Limited was filed with the ROC on 31 Mar 2023.

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