Premier Ispat Limited

Manufactures TMT and MS bars under the brand 'Premier' with a capacity of 96,000 TPA.

1999 | Kanpur Dehat, Uttar Pradesh (India) | Active
Last Updated:

Premier Ispat Profile

Key Indicators

  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 8.80 Cr
  • Company Age 25 Year, 8 Months
  • Last Filing with ROC 31 Mar 2020
  • Satisfied Charges ₹ 52.47 Cr
  • Revenue Growth -69.86%
  • Profit Growth -298.83%
  • Ebitda -124.90%
  • Net Worth -16.51%
  • Total Assets -3.96%

About Premier Ispat

Premier Ispat Limited (PIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 July 1999 and has a history of 25 years and eight months. Its registered office is in Kanpur Dehat, Uttar Pradesh, India.

The Corporate was formerly known as Premier Ispat Private Limited. 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 2020. It's a company limited by shares with an authorized capital of Rs 9.00 Cr and a paid-up capital of Rs 8.80 Cr.

The company has closed loans amounting to ₹52.47 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Amit Jain, Vinay Jain, Himit Jain, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kanpur Dehat, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27104UP1999PLC024630

  • Company No.

    024630

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Jul 1999

  • Date of AGM

    30 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Metals and Minerals

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

Executive Team (1)

NameDesignationAppointment DateStatus
Amit Jain Country flag representing In Managing Director23-Jul-1999Current

Board Members (4)

NameDesignationAppointment DateStatus
Vinay Jain Country flag representing In Director 10-Aug-2001Current
Rachna Country flag representing In Director 18-Dec-2019Current
Himit Jain Country flag representing In Director 27-Nov-2017Current
Kumari Rashmi Country flag representing In Additional Director 29-Jun-2023Current

Financial Performance of Premier Ispat.

Premier Ispat Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 69.86% decrease. The company also saw a substantial fall in profitability, with a 298.83% decrease in profit. The company's net worth observed a substantial decline by a decrease of 16.51%.

Premier Ispat revenue growth over time
Premier Ispat 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
-69.86%
Revenue from Operations
-70.41%
Total Assets
-3.96%
Profit or Loss
-298.83%
Net Worth
-16.51%
EBITDA
-124.90%

What is the Ownership and Shareholding Structure of Premier Ispat?

In 2020, Premier Ispat 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

₹52.47 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 44.55 Cr
  • Bank Of India : 3.75 Cr
  • Rajasthan Financial Corpoation : 2.70 Cr
  • U.P. Financial Corporation : 0.60 Cr
  • Housing Development Finance Corporation Limited : 0.50 Cr
  • Others : 0.37 Cr

Latest Charge Details

DateLenderAmountStatus
10 Mar 2008Housing Development Finance Corporation Limited₹5.00 MSatisfied
10 Jan 2008State Bank Of India₹40.10 CrSatisfied
05 Apr 2007U.P. Financial Corporation₹6.00 MSatisfied
16 Sep 2004State Bank Of India₹4.45 CrSatisfied
18 May 2004Rajasthan Financial Corpoation₹2.70 CrSatisfied

How Many Employees Work at Premier Ispat?

Premier Ispat has a workforce of 50 employees as of Apr 09, 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 Ispat Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Kumari Rashmi was appointed as a Additional Director was appointed as a Additional Director on 29 Jun 2023 & has been associated with this company since 1 year 8 months .

  • Charges

    A charge registered on 10 Jan 2008 via Charge ID 10084947 with State Bank Of India was fully satisfied on 28 Jun 2023.

  • Annual General Meeting

    Premier Ispat Limited last Annual general meeting of members was held on 30 Dec 2020 as per latest MCA records.

  • Charges

    A charge with State Bank Of India of Rs. 40.10 Cr registered on 10 Jan 2008 with Charge ID 10084947 was modified on 20 Aug 2020.

  • Balance Sheet

    Premier Ispat Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Kanpur.

  • Director Appointment

    Rachna was appointed as a Director was appointed as a Director on 18 Dec 2019 & has been associated with this company since 5 years 3 months .

Frequently asked questions

  • What is the Incorporation or founding date of Premier Ispat Limited?

    Premier Ispat Limited was incorporated on 23 Jul 1999.

  • What is authorized share capital and paid-up capital of Premier Ispat Limited?

    The authorized share capital of Premier Ispat Limited is ₹ 9.00 Cr and paid-up capital is ₹ 8.80 Cr.

  • Who are the current board members & directors of Premier Ispat Limited?

    Currently 5 directors are associated with Premier Ispat Limited.

    • Amit Kumar Jain
    • Vinay Kumar Jain
    • Himit Jain
    • Rachna
    • Kumari Rashmi

  • What is the registered address of Premier Ispat Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Premier Ispat Limited is 4Th Floor Shivsom Tower, 1- The Mall India, Kanpur, Uttar Pradesh, 208001.

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

    The corporate identification number (CIN) of Premier Ispat Limited is U27104UP1999PLC024630 and the company number is 024630 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Premier Ispat Limited?

    The Official website of Premier Ispat Limited is https://www.premierispat.com

  • What has been the recent revenue trend for Premier Ispat Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Premier Ispat Limited has fallen by -69.86%.

  • How many employees does Premier Ispat Limited currently have?

    As Per 2020 financial reports, 50 employees are currently employed by Premier Ispat Limited.

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

    The financial reports for the fiscal year 2020 indicates that The net worth of Premier Ispat Limited has experienced an downturn of -16.51%.

  • When was the last Balance Sheet of Premier Ispat Limited filed with the ROC?

    The most recent Balance Sheet for Premier Ispat Limited was filed with the ROC on 31 Mar 2020.

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