Premier India Bearings Ltd logo

Premier India Bearings Ltd

Trades bearings and related products for various industries across India.
1988 | Kolkata, West Bengal (India) | Active

Last Updated:

July 01, 2024
HomeCompanyPremier India Bearings Ltd

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

Board Members(5)

NameDesignationAppointment DateStatus
Surendra Choraria In Director 30-Jan-1989Current
Chain Chindalia In Director 27-Apr-1989Current
Vijaya Sethia In Director 27-Apr-1989Current
Sulekha Dutta In Director 13-Jun-2018Current
Om Sharma In Director 13-Jun-2018Current

Financial Performance and Corporate Structure Insights of Premier India Bearings.

Premier India Bearings Ltd, for the financial year ended 2021, experienced Minor drop in revenue, with a 5.27% decrease. The company also saw a substantial improvement in profitability, with a 15.64% increase in profit. The company's net worth Soared by an impressive increase of 22.88%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-5.27%
Revenue from Operations
-5.56%
Total Assets
9.35%
Profit or Loss
15.64%
Net Worth
22.88%
EBITDA
7.80%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹36.60 Cr

₹34.80 Cr

LenderAmountStatus

Others

Creation Date: 30 Mar 2023
₹1.70 MOpen

Others

Creation Date: 09 Feb 2021
₹1.95 CrOpen

Hdfc Bank Limited

Creation Date: 28 Dec 2020
₹1.75 MOpen

How Many Employees Work at Premier India Bearings?

Premier India Bearings has a workforce of 51 employees as of Mar 28, 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.

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Latest Updates, News, and FAQs on Premier India Bearings

Recent activity within the organization

  • Charges

    A charge registered on 31 Jul 2020 via Charge ID 100389686 with Axis Bank Limited was fully satisfied on 23 Feb 2024.

    23 Feb 2024

  • Charges

    A charge registered on 31 Aug 2016 via Charge ID 100055354 with Axis Bank Limited was fully satisfied on 19 Feb 2024.

    19 Feb 2024

  • Charges

    A charge registered on 04 Jun 2012 via Charge ID 10359826 with Hdfc Bank Limited was fully satisfied on 16 Feb 2024.

    16 Feb 2024

  • Charges

    A charge registered on 24 Sep 2018 via Charge ID 100241381 with Others was fully satisfied on 08 Dec 2023.

    08 Dec 2023

  • Annual General Meeting

    Premier India Bearings Ltd last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge registered on 28 May 2019 via Charge ID 100264836 with Others was fully satisfied on 04 Apr 2023.

    04 Apr 2023

Frequently asked questions

  • Premier India Bearings Ltd was incorporated on 03 Oct 1988.

  • The authorized share capital of Premier India Bearings Ltd is ₹ 6.00 Cr and paid-up capital is ₹ 5.85 Cr.

  • Currently 5 directors are associated with Premier India Bearings Ltd.

    • Chain Roop Chindalia
    • Surendra Kumar Choraria
    • Vijaya Kumar Sethia
    • Sulekha Dutta
    • Om Prakash Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Premier India Bearings Ltd is 1407 Diamond Heritage, 16 Strand Road, Kolkata, West Bengal, India, 700001.

  • The corporate identification number (CIN) of Premier India Bearings Ltd is U27109WB1988PLC045316 and the company number is 045316 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Premier India Bearings Ltd is https://www.premierbearing.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Premier India Bearings Ltd has fallen by -5.27%.

  • As Per 2021 financial reports, 51 employees are currently employed by Premier India Bearings Ltd.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Premier India Bearings Ltd has experienced an upsurge of 22.88%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Premier India Bearings Ltd amount to ₹ 36.60 Cr.

  • The most recent Balance Sheet for Premier India Bearings Ltd was filed with the ROC on 31 Mar 2023.

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