Premier Polysacks Private Limited

Manufacturer and distributor of plastic bags and packaging materials for various industries.

1985 | Pudukkottai, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Premier Polysacks Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 39 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.75 Cr
  • Satisfied Charges ₹ 2.57 Cr
  • Revenue Growth -19.48%
  • Profit Growth -147.17%
  • Ebitda -49.66%
  • Net Worth 87.28%
  • Total Assets 57.33%

About Premier Polysacks

Premier Polysacks Private Limited (PPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 July 1985 and has a history of 39 years and six months. Its registered office is in Pudukkottai, Tamil Nadu, India.

The Company is engaged in the Home & Lifestyle 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹8.75 Cr. The company has closed loans amounting to ₹2.57 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajan and Rajan Uma serve as directors at the Company.

Company Details

  • Location

    Pudukkottai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25201TN1985PTC012074

  • Company No.

    012074

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Jul 1985

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Home & Lifestyle

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

Executive Team (1)

NameDesignationAppointment DateStatus
Rajan Country flag representing In Managing Director01-Jul-2003Current

Board Members (1)

NameDesignationAppointment DateStatus
Rajan Uma Country flag representing In Director 18-Feb-2015Current

Financial Performance of Premier Polysacks.

Premier Polysacks Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.48% decrease. The company also saw a substantial fall in profitability, with a 147.17% decrease in profit. The company's net worth Soared by an impressive increase of 87.28%.

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
-19.48%
Revenue from Operations
-19.81%
Total Assets
57.33%
Profit or Loss
-147.17%
Net Worth
87.28%
EBITDA
-49.66%

What is the Ownership and Shareholding Structure of Premier Polysacks?

In 2023, Premier Polysacks 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

₹8.75 Cr

Satisfied Charges

₹2.57 Cr

Charges Breakdown by Lending Institutions

  • Sidbi : 3.80 Cr
  • Others : 3.38 Cr
  • The Tamilnadu Industrial Investment Corporaiton Ltd. : 0.60 Cr
  • State Industrial Promotion Corporation Of Tamilnadu Ltd. : 0.50 Cr
  • The Karur Vysya Bank Limited : 0.39 Cr
  • Others : 0.08 Cr

Latest Charge Details

DateLenderAmountStatus
26 Feb 2024Sidbi₹1.00 CrOpen
26 May 2022Others₹1.80 MOpen
11 May 2022Sidbi₹2.80 CrOpen
29 Jul 2021Others₹1.40 MOpen
17 Jun 2020Others₹3.60 MOpen

How Many Employees Work at Premier Polysacks?

Premier Polysacks has a workforce of 33 employees as of Mar 29, 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 Polysacks, 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 Polysacks'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 Polysacks

Recent activity within the organization

  • Charges

    A charge with Sidbi amounted to Rs. 1.00 Cr with Charge ID 100880450 was registered on 26 Feb 2024.

    26 Feb 2024

  • Annual General Meeting

    Premier Polysacks Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Premier Polysacks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.18 Cr with Charge ID 100582394 was registered on 26 May 2022.

    26 May 2022

  • Charges

    A charge with Sidbi amounted to Rs. 2.80 Cr with Charge ID 100569637 was registered on 11 May 2022.

    11 May 2022

  • Charges

    A charge with Others of Rs. 2.50 Cr registered on 09 Mar 2015 with Charge ID 10567852 was modified on 04 May 2022.

    04 May 2022

Frequently asked questions

  • Premier Polysacks Private Limited was incorporated on 29 Jul 1985.

  • The authorized share capital of Premier Polysacks Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 2 directors are associated with Premier Polysacks Private Limited.

    • Rajan
    • Rajan Uma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Premier Polysacks Private Limited is Plot No.12-D Sipcot Indl.Complex Pudukottai, India, Pin-622002, Tamil Nadu.

  • The corporate identification number (CIN) of Premier Polysacks Private Limited is U25201TN1985PTC012074 and the company number is 012074 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Premier Polysacks Private Limited has fallen by -19.48%.

  • As Per 2023 financial reports, 33 employees are currently employed by Premier Polysacks Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Premier Polysacks Private Limited has experienced an upsurge of 87.28%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Premier Polysacks Private Limited amount to ₹ 8.75 Cr.

  • The most recent Balance Sheet for Premier Polysacks Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Lifestyle Products & Accessories Manufacturing