Premier Irrigation Adritec Private Limited

Manufactures and sells irrigation equipment for agriculture and horticulture, specializing in tea plantations.

2007 | Kolkata, West Bengal (India) | Active
Last Updated:

Premier Irrigation Adritec Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.13 Cr
  • Company Age 17 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 146.26 Cr
  • Satisfied Charges ₹ 212.43 Cr
  • Revenue Growth 6.84%
  • Profit Growth 36.18%
  • Ebitda 29.15%
  • Net Worth -14.79%
  • Total Assets 1.78%

About Premier Irrigation Adritec

Premier Irrigation Adritec Private Limited (PIAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 July 2007 and has a history of 17 years and ten months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Micro Irrigation Equipment Private Limited. The Company is engaged in the Agriculture 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 3.00 Cr and a paid-up capital of Rs 2.13 Cr.

The company currently has active open charges totaling ₹146.26 Cr. The company has closed loans amounting to ₹212.43 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Premier Irrigation Adritec Private Limited India are Piyali Chatterjee as CFO and Nidhi Kabra as Company Secretary. Shrikant Goenka, Krishna Goenka, Pradipkumar Basak, and One other member 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

    U01401WB2007PTC117066

  • Company No.

    117066

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Jul 2007

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Agriculture

What products or services does Premier Irrigation Adritec Private Limited offer?

Premier Irrigation Adritec Private Limited offers a wide range of products and services, including Farming Tools, Equipment & Machines, Agricultural Equipment, Irrigation and Harvesting Machines, Sprinkler Irrigation System, Pollution Control Devices & Machines, Dust Collector, Cereals & Food Grains, Sugar, Fresh Vegetables, Potato.

Company report

Premier Irrigation Adritec Private Limited

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

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

Executive Team (3)

NameDesignationAppointment DateStatus
Shrikant Goenka Country flag representing In Managing Director11-Jul-2007Current
Piyali Chatterjee CFO01-Apr-2019Current
Nidhi Kabra Company Secretary01-Jan-2022Current

Board Members (3)

NameDesignationAppointment DateStatus
Krishna Goenka Country flag representing In Director 11-Jul-2007Current
Pradipkumar Basak Country flag representing In Whole-Time Director 09-Oct-2023Current
Michael Pook Country flag representing Gb Director 29-Sep-2010Current

Financial Performance of Premier Irrigation Adritec.

Premier Irrigation Adritec Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.84% increase. The company also saw a substantial improvement in profitability, with a 36.18% increase in profit. The company's net worth observed a substantial decline by a decrease of 14.79%.

Premier Irrigation Adritec revenue growth over time
Premier Irrigation Adritec 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
6.84%
Revenue from Operations
7.35%
Total Assets
1.78%
Profit or Loss
36.18%
Net Worth
-14.79%
EBITDA
29.15%

What is the Ownership and Shareholding Structure of Premier Irrigation Adritec?

In 2023, Premier Irrigation Adritec had a promoter holding of 32.58% and a public holding of 67.42%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹146.26 Cr

Satisfied Charges

₹212.43 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 136.24 Cr
  • Others : 9.59 Cr
  • Hdfc Bank Limited : 0.43 Cr

Latest Charge Details

DateLenderAmountStatus
16 Sep 2024Others₹2.02 CrOpen
12 Sep 2024Others₹1.50 CrOpen
06 Sep 2024Others₹5.74 MOpen
29 Jul 2024Others₹1.17 CrOpen
30 Nov 2023Others₹1.00 CrOpen

How Many Employees Work at Premier Irrigation Adritec?

Premier Irrigation Adritec has a workforce of 398 employees as of Apr 08, 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 Irrigation Adritec Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 2.02 Cr with Charge ID 100982476 was registered on 16 Sep 2024.

  • Charges

    A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100980481 was registered on 12 Sep 2024.

  • Charges

    A charge with Others amounted to Rs. 0.57 Cr with Charge ID 100980932 was registered on 06 Sep 2024.

  • Charges

    A charge with Others amounted to Rs. 1.17 Cr with Charge ID 100962255 was registered on 29 Jul 2024.

  • Charges

    A charge with State Bank Of India of Rs. 136.24 Cr registered on 21 Nov 2011 with Charge ID 10322876 was modified on 18 Jul 2024.

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100829937 was registered on 30 Nov 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Premier Irrigation Adritec Private Limited?

    Premier Irrigation Adritec Private Limited was incorporated on 11 Jul 2007.

  • What is authorized share capital and paid-up capital of Premier Irrigation Adritec Private Limited?

    The authorized share capital of Premier Irrigation Adritec Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.13 Cr.

  • Who are the current board members & directors of Premier Irrigation Adritec Private Limited?

    Currently 6 directors are associated with Premier Irrigation Adritec Private Limited.

    • Shrikant Goenka
    • Krishna Kumar Goenka
    • Pradipkumar Basak
    • Michael John Pook
    • Piyali Chatterjee
    • Nidhi Kabra

  • What is the registered address of Premier Irrigation Adritec Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Premier Irrigation Adritec Private Limited is 17/1C, Alipore Road India, Kolkata, West Bengal, 700027.

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

    The corporate identification number (CIN) of Premier Irrigation Adritec Private Limited is U01401WB2007PTC117066 and the company number is 117066 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Premier Irrigation Adritec Private Limited?

    The Official website of Premier Irrigation Adritec Private Limited is https://www.pial.in

  • What has been the recent revenue trend for Premier Irrigation Adritec Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Premier Irrigation Adritec Private Limited has risen by 6.84%.

  • How many employees does Premier Irrigation Adritec Private Limited currently have?

    As Per 2023 financial reports, 398 employees are currently employed by Premier Irrigation Adritec Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Premier Irrigation Adritec Private Limited has experienced an downturn of -14.79%.

  • What are the total open charges for Premier Irrigation Adritec Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Premier Irrigation Adritec Private Limited amount to ₹ 146.26 Cr.

  • When was the last Balance Sheet of Premier Irrigation Adritec Private Limited filed with the ROC?

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

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