Premier Limited

Manufacturer of automobiles and heavy engineering solutions, with focus on compact SUV production.

1944 | Pune, Maharashtra (India) | Under Insolvency
Last Updated: January 16, 2025

Premier Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 30.40 Cr
  • Company Age 80 Year, 7 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 450.00 Cr
  • Satisfied Charges ₹ 497.50 Cr
  • Revenue Growth -67.32%
  • Profit Growth 65.88%
  • Ebitda 2.16%
  • Net Worth -1932.96%
  • Total Assets -54.92%

About Premier

Premier Limited (PL) is Under Cirp company established on 27 Jun 1944 with its office registered at Pune, Maharashtra, India and has been running since 80 Year, 7 Months with a paid up capital of 30.40 Cr. According to MCA records, 7 Directors and 1 Signatories are linked to this company as of 16 Jan 2025.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L34103PN1944PLC020842

  • Company No.

    020842

  • Stock Symbol

    BSE : 500540 NSE : PREMIER

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Jun 1944

  • Date of AGM

    30 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Listed

  • ROC Code

    Roc Pune

Industry

Automotive
Machinery and Equipment

What products or services does Premier Limited offer?

Premier Limited offers a wide range of products and services, including Gearbox, Axle, Sprocket & Gear Parts, Gear parts, Machine & Precision Tools, Assembly Tools, Drilling & Boring Equipment, Boring Machine, CNC Lathe Machine, CNC Vertical Lathe, Machining Center, CNC Machining Centre.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Maitreya Doshi Country flag representing In Managing Director29-Mar-1993Current
Mrsomsundaran Nair Country flag representing In CFO01-May-2014Current

Board Members (6)

NameDesignationAppointment DateStatus
Udo Ruediger Country flag representing Fr Director 27-Mar-2008Current
Ramesh Adige Country flag representing In Director 24-Apr-2012Current
Asit Javeri Country flag representing In Director Current
Padmanabhan Subramanian Country flag representing In Director 24-Dec-2002Current
Dilip Thakkar Country flag representing In Director 28-Apr-2010Current
Rohita Doshi Country flag representing In Director 27-Mar-2008Current

Financial Performance of Premier.

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%.

Graph illustrating revenue growth over time
Graph showing 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
-67.32%
Revenue from Operations
-40.19%
Total Assets
-54.92%
Profit or Loss
65.88%
Net Worth
-1932.96%
EBITDA
2.16%

What is the Ownership and Shareholding Structure of Premier?

In 2019, Premier had a promoter holding of 44.95% and a public holding of 55.08%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹450.00 Cr

Satisfied Charges

₹497.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 440.00 Cr
  • First Leasing Company Of India Limited : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2015Others₹10.00 CrOpen
30 Sep 2015Others₹10.00 CrOpen
03 May 2013Others₹100.00 CrOpen
21 Mar 2013Others₹170.00 CrOpen
29 Aug 2011Others₹150.00 CrOpen

How Many Employees Work at Premier?

Premier has a workforce of 334 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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

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 2020

  • Balance Sheet

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

    31 Mar 2020

  • Charges

    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 2019

  • Charges

    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 2019

  • Charges

    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

  • Charges

    A charge with Others of Rs. 170.00 Cr registered on 21 Mar 2013 with Charge ID 10421763 was modified on 25 Nov 2019.

    25 Nov 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Premier Limited was incorporated on 27 Jun 1944.

  • The authorized share capital of Premier Limited is ₹ 40.00 Cr and paid-up capital is ₹ 30.40 Cr.

  • Currently 8 directors are associated with Premier Limited.

    • Padmanabhan Subramanian
    • Dilip Jayantilal Thakkar
    • Maitreya Vinod Doshi
    • Ramesh Lakshman Adige
    • Rohita Maitreya Doshi
    • Asit Dhankumar Javeri
    • Udo Weigel Ruediger
    • MrSomsundaran Nair
  • As per Ministry of Corporate Affairs (Mca), the registered address of Premier Limited is 169 Gat Village Sawardari Taluka Khed (Chakan Industrial Area) India, Pune, Maharashtra, 410501.

  • The corporate identification number (CIN) of Premier Limited is L34103PN1944PLC020842 and the company number is 020842 as per Ministry of Corporate Affairs (MCA).

  • Yes, Premier Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): PREMIER.

  • The Official website of Premier Limited is https://www.premier.co.in

  • According to the financial reports for the fiscal year 2020, the revenue trend for Premier Limited has fallen by -67.32%.

  • As Per 2020 financial reports, 334 employees are currently employed by Premier Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Premier Limited has experienced an downturn of -1932.96%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Premier Limited amount to ₹ 450.00 Cr.

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

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