Premier Lubricants Private Limited

Provides petroleum and petrochemical products including oils, kerosene, and solvents since 1995 in Mumbai.

1995 | Mumbai, Maharashtra (India) | Active
Last Updated: January 10, 2025

Premier Lubricants Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.50 Cr
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth -9.63%
  • Profit Growth -9.04%
  • Ebitda 1.86%
  • Net Worth 16.35%
  • Total Assets 10.49%

About Premier Lubricants

Premier Lubricants Private Limited (PLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 March 1995 and has a history of 29 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 3.00 M.

The company currently has active open charges totaling ₹2.50 Cr. The company has closed loans amounting to ₹1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dipak Turakhia, Dharmesh Turakhia, Bijal Turakhia, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U23209MH1995PTC086617

  • Company No.

    086617

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Mar 1995

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

What products or services does Premier Lubricants Private Limited offer?

Premier Lubricants Private Limited offers a wide range of products and services, including Oils, Grease & Lubricants, Machine Oils, Lubricating Oil, Oil Additive, Essential & Aromatic Oils, Essential Oils, Petroleum and Petrochemical Products, Liquid Paraffin, Dyes & Color Additives, Paint Additives.

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

Board Members (5)

Name Designation Appointment Date Status
Dipak Turakhia Country flag representing In Director 20-Mar-1995 Current
Dharmesh Turakhia Country flag representing In Director 20-Mar-1995 Current
Bijal Turakhia Country flag representing In Director 16-Mar-2022 Current
Panna Turakhia Country flag representing In Director 20-Mar-1995 Current
Kiran Turakhia Country flag representing In Director 20-Mar-1995 Current

Financial Performance of Premier Lubricants.

Premier Lubricants Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 9.63% decrease. The company also saw a slight decrease in profitability, with a 9.04% decrease in profit. The company's net worth Soared by an impressive increase of 16.35%.

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
-9.63%
Revenue from Operations
-9.63%
Total Assets
10.49%
Profit or Loss
-9.04%
Net Worth
16.35%
EBITDA
1.86%

What is the Ownership and Shareholding Structure of Premier Lubricants?

In 2021, Premier Lubricants 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

₹25.00 M

Satisfied Charges

₹10.00 M

Charges Breakdown by Lending Institutions

  • Others : 2.50 Cr

Latest Charge Details

Date Lender Amount Status
09 Jun 2007 Others ₹2.50 Cr Open
08 Jun 2007 Indian Bank ₹1.00 Cr Satisfied

How Many Employees Work at Premier Lubricants?

Unlock and access historical data on people associated with Premier Lubricants, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Premier Lubricants Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Premier Lubricants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 08 Jun 2007 via Charge ID 10058437 with Indian Bank was fully satisfied on 12 Jun 2023.

    12 Jun 2023

  • Director Appointment

    Bijal Dharmesh Turakhia was appointed as a Director was appointed as a Director on 16 Mar 2022 & has been associated with this company since 2 years 10 months .

    16 Mar 2022

  • Charges

    A charge with Others of Rs. 25.00 M registered on 09 Jun 2007 with Charge ID 10058436 was modified on 15 Feb 2018.

    15 Feb 2018

  • Charges

    A charge with Others amounted to Rs. 25.00 M with Charge ID 10058436 was registered on 09 Jun 2007.

    09 Jun 2007

Frequently asked questions

  • Premier Lubricants Private Limited was incorporated on 20 Mar 1995.

  • The authorized share capital of Premier Lubricants Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.00 M.

  • Currently 5 directors are associated with Premier Lubricants Private Limited.

    • Dipak Pranlal Turakhia
    • Dharmesh Dipakkumar Turakhia
    • Bijal Dharmesh Turakhia
    • Panna Dipak Turakhia
    • Kiran Pranlal Turakhia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Premier Lubricants Private Limited is Office No. 406 Sangam Above Kotak Mahindra Bank Saibaba Lane, Santacruz (West) India, Mumbai, Maharashtra, 400054.

  • The corporate identification number (CIN) of Premier Lubricants Private Limited is U23209MH1995PTC086617 and the company number is 086617 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Premier Lubricants Private Limited is https://www.premierlubricants.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Premier Lubricants Private Limited has fallen by -9.63%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Premier Lubricants Private Limited has experienced an upsurge of 16.35%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Premier Lubricants Private Limited amount to ₹ 2.50 Cr.

  • The most recent Balance Sheet for Premier Lubricants Private Limited was filed with the ROC on 31 Mar 2024.

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