Premier Furnaces Private Limited

Metallurgical processing and services for steel grades, heat treatment, and equipment manufacturing and sales.

1986 | Chennai, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Premier Furnaces Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.54 M
  • Company Age 38 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 8.38 Cr
  • Revenue Growth %
  • Profit Growth -73.34%
  • Ebitda -73.34%
  • Net Worth -38.36%
  • Total Assets %

About Premier Furnaces

Premier Furnaces Private Limited (PFPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 July 1986 and has a history of 38 years and six months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Metals And Minerals 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 1.50 Cr and a paid-up capital of Rs 1.54 M.

The company has closed loans amounting to ₹8.38 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Srinivasan Shankaran and Vidhya Shankar serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U23109TN1986PTC013203

  • Company No.

    013203

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jul 1986

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Metals and Minerals

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

Board Members (2)

Name Designation Appointment Date Status
Srinivasan Shankaran Country flag representing In Director 14-Jul-1986 Current
Vidhya Shankar Country flag representing In Director 14-Jul-1986 Current

Financial Performance of Premier Furnaces.

Premier Furnaces Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 73.34% decrease in profit. The company's net worth observed a substantial decline by a decrease of 38.36%.

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
Revenue from Operations
Total Assets
Profit or Loss
-73.34%
Net Worth
-38.36%
EBITDA
-73.34%

What is the Ownership and Shareholding Structure of Premier Furnaces?

In 2022, Premier Furnaces had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹8.38 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 8.38 Cr

Latest Charge Details

Date Lender Amount Status
03 Jul 1999 Indian Bank ₹2.00 Cr Satisfied
23 Dec 1995 Indian Bank ₹6.33 Cr Satisfied
09 May 1990 Indian Bank ₹0.20 M Satisfied
09 Mar 1990 Indian Bank ₹0.30 M Satisfied

How Many Employees Work at Premier Furnaces?

Unlock and access historical data on people associated with Premier Furnaces, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Premier Furnaces, 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 Furnaces'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 Furnaces

Recent activity within the organization

  • Annual General Meeting

    Premier Furnaces Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Premier Furnaces Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 03 Jul 1999 via Charge ID 90307790 with Indian Bank was fully satisfied on 29 Jan 2018.

    29 Jan 2018

  • Charges

    A charge registered on 23 Dec 1995 via Charge ID 90303657 with Indian Bank was fully satisfied on 29 Jan 2018.

    29 Jan 2018

  • Charges

    A charge registered on 09 May 1990 via Charge ID 90307234 with Indian Bank was fully satisfied on 29 Jan 2018.

    29 Jan 2018

  • Charges

    A charge registered on 09 Mar 1990 via Charge ID 90303547 with Indian Bank was fully satisfied on 29 Jan 2018.

    29 Jan 2018

Frequently asked questions

  • Premier Furnaces Private Limited was incorporated on 14 Jul 1986.

  • The authorized share capital of Premier Furnaces Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.54 M.

  • Currently 2 directors are associated with Premier Furnaces Private Limited.

    • Srinivasan Shankaran
    • Vidhya Shankar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Premier Furnaces Private Limited is No 5 De Silva Roadmylapore India, Chennai 4, Tamil Nadu, 600004.

  • The corporate identification number (CIN) of Premier Furnaces Private Limited is U23109TN1986PTC013203 and the company number is 013203 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2023 indicates that The net worth of Premier Furnaces Private Limited has experienced an downturn of -38.36%.

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