Premier India Bearings Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 5.85 Cr
- Company Age 36 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 34.66 Cr
- Satisfied Charges ₹ 36.74 Cr
- Revenue Growth 5.40%
- Profit Growth 10.18%
- Ebitda 6.78%
- Net Worth 13.12%
- Total Assets 17.08%
About Premier India Bearings
Premier India Bearings Ltd (PIBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 October 1988 and has a history of 36 years and four months. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as Premier India Bearings Pvt Ltd. The Company is engaged in the Engineering 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 6.00 Cr and a paid-up capital of Rs 5.85 Cr.
The company currently has active open charges totaling ₹34.66 Cr. The company has closed loans amounting to ₹36.74 Cr, as per Ministry of Corporate Affairs (MCA) records.
Chain Chindalia, Surendra Choraria, Vijaya Sethia, and Two other members serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27109WB1988PLC045316
- Company No.
045316
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
03 Oct 1988
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
What products or services does Premier India Bearings Ltd offer?
Premier India Bearings Ltd offers a wide range of products and services, including Measurement Gauges & Gauge Fittings, Thickness Gauge, Ball Bearings and Bearing Assemblies, Ball Bearings, Material Testing Labs & Services, Oil Testing Services, Roller Bearings, Bedroom Furniture & Bedroom Sets, Beds, Plain Bearings.
Who are the key members and board of directors at Premier India Bearings?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Surendra Choraria  | Director | 30-Jan-1989 | Current |
| Chain Chindalia | Director | 27-Apr-1989 | Current |
| Vijaya Sethia | Director | 27-Apr-1989 | Current |
| Sulekha Dutta | Director | 13-Jun-2018 | Current |
| Om Sharma | Director | 13-Jun-2018 | Current |
Financial Performance of Premier India Bearings.
Premier India Bearings Ltd, for the financial year ended 2024, experienced modest growth in revenue, with a 5.4% increase. The company also saw a substantial improvement in profitability, with a 10.18% increase in profit. The company's net worth Soared by an impressive increase of 13.12%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Premier India Bearings?
In 2023, Premier India Bearings had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Zkl Bearings (India) Private LimitedChain Chindalia and Surendra Choraria are mutual person
Primeroll International Private LimitedChain Chindalia and Surendra Choraria are mutual person
Hi-Tech Bearings Pvt LtdChain Chindalia and Surendra Choraria are mutual person
Nbi India Private LimitedChain Chindalia is a mutual person
Simon Suppliers LlpChain Chindalia is a mutual person
- Dreamline Consultants Llp
Chain Chindalia is a mutual person
Charges (Loans)
₹34.66 Cr
₹36.74 Cr
Charges Breakdown by Lending Institutions
- Bank Of Baroda : 31.85 Cr
- Others : 2.63 Cr
- Hdfc Bank Limited : 0.18 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2023 | Others | ₹1.70 M | Open |
| 28 Dec 2020 | Hdfc Bank Limited | ₹1.75 M | Open |
| 31 Jul 2017 | Others | ₹2.46 Cr | Open |
| 20 Jun 2003 | Bank Of Baroda | ₹24.85 Cr | Open |
| 22 Aug 2002 | Bank Of Baroda | ₹7.00 Cr | Open |
How Many Employees Work at Premier India Bearings?
Premier India Bearings has a workforce of 56 employees as of Jan 25, 2025. 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 India Bearings, 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 India Bearings'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.
