Premier Merchants Pvt Ltd

Founded in 1996 and headquartered in West Bengal, India.

1996 | Kolkata, West Bengal (India) | Active
Last Updated: November 16, 2024

Premier Merchants Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.69 M
  • Company Age 28 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 66.43 Cr
  • Satisfied Charges ₹ 93.52 Cr
  • Revenue Growth 59.01%
  • Profit Growth -37.54%
  • Ebitda -200.77%
  • Net Worth 3.18%
  • Total Assets 11.82%

About Premier Merchants

Premier Merchants Pvt Ltd (PMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 August 1996 and has a history of 28 years and five months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.69 M.

The company currently has active open charges totaling ₹66.43 Cr. The company has closed loans amounting to ₹93.52 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramesh Agarwal and Abhinav Agarwal serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U46308WB1996PTC081082

  • Company No.

    081082

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Aug 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Automotive

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

Board Members (2)

Name Designation Appointment Date Status
Ramesh Agarwal Country flag representing In Director 27-Aug-1996 Current
Abhinav Agarwal Country flag representing In Director 01-May-2010 Current

Financial Performance of Premier Merchants.

Premier Merchants Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 59.01% increase. The company also saw a substantial fall in profitability, with a 37.54% decrease in profit. The company's net worth moved up by a moderate rise of 3.18%.

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
59.01%
Revenue from Operations
56.43%
Total Assets
11.82%
Profit or Loss
-37.54%
Net Worth
3.18%
EBITDA
-200.77%

What is the Ownership and Shareholding Structure of Premier Merchants?

In 2023, Premier Merchants 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

₹66.43 Cr

Satisfied Charges

₹93.52 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 38.23 Cr
  • Hdfc Bank Limited : 26.20 Cr
  • Standard Chartered Bank : 2.00 Cr

Latest Charge Details

Date Lender Amount Status
15 May 2024 Hdfc Bank Limited ₹5.00 Cr Open
13 May 2024 Hdfc Bank Limited ₹21.20 Cr Open
24 Jun 2021 State Bank Of India ₹32.00 Cr Open
31 Oct 2016 Standard Chartered Bank ₹2.00 Cr Open
07 Aug 2013 State Bank Of India ₹6.23 Cr Open

How Many Employees Work at Premier Merchants?

Premier Merchants has a workforce of 26 employees as of Aug 28, 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 Merchants, 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 Merchants'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 Merchants

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100919857 was registered on 15 May 2024.

    15 May 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 21.20 Cr with Charge ID 100920210 was registered on 13 May 2024.

    13 May 2024

  • Charges

    A charge with State Bank Of India of Rs. 6.23 Cr registered on 07 Aug 2013 with Charge ID 10450334 was modified on 16 Mar 2024.

    16 Mar 2024

  • Charges

    A charge registered on 22 Mar 2023 via Charge ID 100702676 with Others was fully satisfied on 30 Dec 2023.

    30 Dec 2023

  • Charges

    A charge registered on 28 Jan 2022 via Charge ID 100532570 with Others was fully satisfied on 02 Nov 2023.

    02 Nov 2023

  • Charges

    A charge registered on 25 Feb 2015 via Charge ID 10554781 with Icici Bank Limited was fully satisfied on 02 Nov 2023.

    02 Nov 2023

Frequently asked questions

  • Premier Merchants Pvt Ltd was incorporated on 27 Aug 1996.

  • The authorized share capital of Premier Merchants Pvt Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 1.69 M.

  • Currently 2 directors are associated with Premier Merchants Pvt Ltd.

    • Ramesh Chandra Agarwal
    • Abhinav Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Premier Merchants Pvt Ltd is 2Nd Floor Park Mansions 57A, Street India, Kolkata, West Bengal, 700016.

  • The corporate identification number (CIN) of Premier Merchants Pvt Ltd is U46308WB1996PTC081082 and the company number is 081082 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Premier Merchants Pvt Ltd is https://www.premiermaruti.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Premier Merchants Pvt Ltd has risen by 59.01%.

  • As Per 2023 financial reports, 26 employees are currently employed by Premier Merchants Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Premier Merchants Pvt Ltd has experienced an upsurge of 3.18%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Premier Merchants Pvt Ltd amount to ₹ 66.43 Cr.

  • The most recent Balance Sheet for Premier Merchants Pvt Ltd was filed with the ROC on 31 Mar 2023.

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