Premier Ispat Profile
Key Indicators
- Authorised Capital ₹ 9.00 Cr
- Paid Up Capital ₹ 8.80 Cr
- Company Age 25 Year, 7 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 seven 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
Who are the key members and board of directors at Premier Ispat?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amit Jain  | Managing Director | 23-Jul-1999 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vinay Jain | Director | 10-Aug-2001 | Current |
| Rachna | Director | 18-Dec-2019 | Current |
| Himit Jain | Director | 27-Nov-2017 | Current |
| Kumari Rashmi | Additional Director | 29-Jun-2023 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Quality Steel Products LimitedAmit Jain and Kumari Rashmi are mutual person
M R T Signals LimitedRachna is a mutual person
Jain Overseas Private LimitedVinay Jain and Kumari Rashmi are mutual person
Premier Metcast Private LimitedAmit Jain is a mutual person
- Premier Alloys Limited
Amit Jain and Vinay Jain are mutual person
Mahabir Securities Private LimitedVinay Jain is a mutual person
Charges (Loans)
₹0
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Mar 2008 | Housing Development Finance Corporation Limited | ₹5.00 M | Satisfied |
| 10 Jan 2008 | State Bank Of India | ₹40.10 Cr | Satisfied |
| 05 Apr 2007 | U.P. Financial Corporation | ₹6.00 M | Satisfied |
| 16 Sep 2004 | State Bank Of India | ₹4.45 Cr | Satisfied |
| 18 May 2004 | Rajasthan Financial Corpoation | ₹2.70 Cr | Satisfied |
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.
Deals i
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
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.
