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About
Basic Data Updated:
1 month agoPremier Limited, a renowned automobile manufacturing company, is known for its heavy engineering solutions. The company's main focus lies in two core businesses, namely automotive and engineering. The engineering segment comprises of two activities, namely CNC machine division and engineering, while the automotive segment includes light utility vehicles and sports utility vehicles. Recently, the company has made a comeback in the Indian passenger vehicle market with the launch of its compact SUV, 'Rio'. The company's manufacturing unit is situated in Chinchwad, Pune, while its branches are spread across Bangalore, Chennai, Kolkata, and New Delhi. Established in 1944, the company's registered office is located in Pune, Maharashtra.
Industry
Company Details
- Location
Pune, Maharashtra, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
Products or Services related to Premier Limited
Gear parts
Assembly Tools
Boring Machine
CNC Vertical Lathe
Financials of Premier Limited
Premier Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 67.32% decrease. The company also saw a substantial improvement in profitability, with a 65.88% increase in profit. The company's net worth observed a substantial decline by a decrease of 1932.96%.
Corporate Structure
Unlock access to Premier's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Premier Limited
Unlock and access historical data on people associated with Premier, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (2)
MD
Maitreya Doshi
Managing DirectorAppointment Date: 29-Mar-1993
Status: Current
MN
Mrsomsundaran Nair CFOAppointment Date: 01-May-2014
Status: Current
Board Members(6)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 30 Sep 2015 | ₹10.00 Cr | Open |
Others Creation Date: 30 Sep 2015 | ₹10.00 Cr | Open |
Others Creation Date: 03 May 2013 | ₹100.00 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Premier, 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's trajectory.
Rating
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Alert
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.
Related Corporates (Common Directorship)
Sudarshan Chemical Industries Limited
Active
73 years 3 months Padmanabhan Subramanian is a mutual person
Recent activity within the organization
Annual General Meeting
Premier Limited last Annual general meeting of members was held on 30 Dec 2020 as per latest MCA records.
30 Dec 2020Balance Sheet
Premier Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Pune.
31 Mar 2020Charges
A charge with Others of Rs. 10.00 cr registered on 30 Sep 2015 with Charge ID 10613606 was modified on 25 Nov 2019.
25 Nov 2019Charges
A charge with Others of Rs. 10.00 cr registered on 30 Sep 2015 with Charge ID 10625841 was modified on 25 Nov 2019.
25 Nov 2019Charges
A charge with Others of Rs. 100.00 cr registered on 03 May 2013 with Charge ID 10426775 was modified on 25 Nov 2019.
25 Nov 2019
Recent News, Updates & Announcement
Fiat Padmini long gone Premier Ltd now faces bankruptcy Mint.Corporation Bank has filed with NCLT Mumbai a bankruptcy case against Premier Ltd to recover dues of 52 crore.
mint 13 Dec 2018
- Premier introduces EcoFriendly Flooring Products.
Floorcoveringweekly 12 Jan 2018
- Premier misses by 005 beats on revenue.
Seeking Alpha 06 Nov 2017
- RepScrubs Signs Agreement with Premier to Help More Hospitals Prevent Infections.
Business Wire 02 Nov 2017
- PREMIER ANNOUNCES APPOINTMENT OF SECRETARY TO TREASURY BOARD PressReleasePoint.
PressReleasePoint 17 Jul 2017
Frequently asked questions
What is the Incorporation or founding date of Premier Limited?
