Premier Merchants Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.69 M
- Company Age 28 Year, 6 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 six 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
- Website
- 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
Premier Merchants Pvt Ltd
Explore comprehensive data for Premier Merchants Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Premier Merchants?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramesh Agarwal  | Director | 27-Aug-1996 | Current |
| Abhinav Agarwal | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Premier Carworld Private LimitedRamesh Agarwal is a mutual person
Archana Construction Pvt LtdRamesh Agarwal and Abhinav Agarwal are mutual person
Anklesh Financial Consultants Pvt LtdRamesh Agarwal and Abhinav Agarwal are mutual person
- Premier Nirman Private Limited
Ramesh Agarwal and Abhinav Agarwal are mutual person
- Chetana Jewels Private Limited
Ramesh Agarwal is a mutual person
- Tirumani Flat Owners Association
Ramesh Agarwal is a mutual person
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.
Deals i
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
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.
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.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 21.20 Cr with Charge ID 100920210 was registered on 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.
- Charges
A charge registered on 22 Mar 2023 via Charge ID 100702676 with Others was fully satisfied on 30 Dec 2023.
- Charges
A charge registered on 28 Jan 2022 via Charge ID 100532570 with Others was fully satisfied on 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.
Frequently asked questions
What is the Incorporation or founding date of Premier Merchants Pvt Ltd?
Premier Merchants Pvt Ltd was incorporated on 27 Aug 1996.
What is authorized share capital and paid-up capital of Premier Merchants Pvt Ltd?
The authorized share capital of Premier Merchants Pvt Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 1.69 M.
Who are the current board members & directors of Premier Merchants Pvt Ltd?
Currently 2 directors are associated with Premier Merchants Pvt Ltd.
- Ramesh Chandra Agarwal
- Abhinav Agarwal
What is the registered address of Premier Merchants Pvt Ltd?
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.
What is the corporate identification number (CIN) and company number of Premier Merchants Pvt Ltd?
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).
What is the official website of Premier Merchants Pvt Ltd?
The Official website of Premier Merchants Pvt Ltd is https://www.premiermaruti.com
What has been the recent revenue trend for Premier Merchants Pvt Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Premier Merchants Pvt Ltd has risen by 59.01%.
How many employees does Premier Merchants Pvt Ltd currently have?
As Per 2023 financial reports, 26 employees are currently employed by Premier Merchants Pvt Ltd.
What change has been observed in the net worth of Premier Merchants Pvt Ltd, and by what percentage?
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%.
What are the total open charges for Premier Merchants Pvt Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Premier Merchants Pvt Ltd amount to ₹ 66.43 Cr.
When was the last Balance Sheet of Premier Merchants Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Premier Merchants Pvt Ltd was filed with the ROC on 31 Mar 2023.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Abhishek AgarwalDirectorSA
Sarita AgarwalDirectorSR
Somesh RayDirector