Premier Mills Profile
Key Indicators
- Authorised Capital ₹ 5.20 M
as on 29-12-2024
- Paid Up Capital ₹ 1.13 M
as on 29-12-2024
- Company Age 30 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 76.69 Cr
as on 29-12-2024
- Satisfied Charges ₹ 339.71 Cr
as on 29-12-2024
- Revenue 58.89%
(FY 2022)
- Profit 146.56%
(FY 2022)
- Ebitda 168.59%
(FY 2022)
- Net Worth 21.30%
(FY 2022)
- Total Assets 17.57%
(FY 2022)
About Premier Mills
The Corporate was formerly known as Premier Fine Yarns Private Limited. The Company is engaged in the Manufacturing 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 5.20 M and a paid-up capital of Rs 1.13 M.
The company currently has active open charges totaling ₹76.69 Cr. The company has closed loans amounting to ₹339.71 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sabitha Chandran, Karadibhavi Srinivasan, Shanthi Srinivasan, and Five other members serve as directors at the Company.
- CIN/LLPIN
U17111TZ1994PTC005511
- Company No.
005511
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Nov 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Premier Mills?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Karadibhavi Srinivasan  | Managing Director | 16-Nov-1994 | Current |
| Ramachandran Chandran | Managing Director | 21-Jan-2020 | Current |
Board Members(6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shanthi Srinivasan | Director | 04-Aug-2006 | Current |
| Sabitha Chandran | Whole-Time Director | 01-Aug-2020 | Current |
| Kavitha Chandran | Director | 04-Aug-2006 | Current |
| Varun Srinivasan | Director | 01-Nov-2021 | Current |
| Santhanagopalakrishnan Vaidyanathan | Director | 01-Apr-2024 | Current |
| Talal Jayachandran | Director | 01-Apr-2024 | Current |
Financial Performance of Premier Mills.
Premier Mills Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 58.89% increase. The company also saw a substantial improvement in profitability, with a 146.56% increase in profit. The company's net worth Soared by an impressive increase of 21.3%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Premier Mills?
In 2022, Premier Mills had a promoter holding of 100.00%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Premier Evolvics Private LimitedActive 43 years 4 monthsSabitha Chandran, Karadibhavi Srinivasan and 3 more are mutual person
Holiday Travels Private LimitedActive 46 years 5 monthsShanthi Srinivasan, Kavitha Chandran and 1 more are mutual person
Vijayalakshmi Investments Private LimitedActive 44 years 11 monthsSabitha Chandran and Shanthi Srinivasan are mutual person
- Sree Narasimha Textiles Private LimitedActive 48 years 11 months
Karadibhavi Srinivasan, Shanthi Srinivasan and 2 more are mutual person
- Premier Cotton Textiles Private LimitedActive 28 years 10 months
Shanthi Srinivasan and Kavitha Chandran are mutual person
Premier Fine Linens Private LimitedActive 29 years 10 monthsSabitha Chandran, Karadibhavi Srinivasan and 4 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 04 Dec 2020 | ₹40.00 Cr | Open |
Others Creation Date: 01 Apr 1999 | ₹19.50 Cr | Open |
Others Creation Date: 01 Apr 1999 | ₹17.19 Cr | Open |
How Many Employees Work at Premier Mills?
Premier Mills has a workforce of 98 employees as of Apr 08, 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 Mills, 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 Mills'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.
