Premier Solvents Pvt Ltd

Manufacturer and trader of chemicals and solvents for various industries, with global exports and domestic sales.

1989 | Mumbai, Maharashtra (India) | Active
Last Updated:

Premier Solvents Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 35 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 40.77 Cr
  • Satisfied Charges ₹ 20.77 Cr
  • Revenue Growth -4.27%
  • Profit Growth 23.37%
  • Ebitda 22.09%
  • Net Worth 33.01%
  • Total Assets 21.84%

About Premier Solvents

Premier Solvents Pvt Ltd (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 September 1989 and has a history of 35 years and eight 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹40.77 Cr. The company has closed loans amounting to ₹20.77 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vijay Ajmera, Jasmita Ajmera, Jinit Ajmera, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24110MH1989PTC053547

  • Company No.

    053547

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Sep 1989

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

What products or services does Premier Solvents Pvt Ltd offer?

Premier Solvents Pvt Ltd offers a wide range of products and services, including Organic and Inorganic Solvents, Alcohol Solvents, Butyl Carbitol, Carboxylate Esters, Amyl Acetate.

Company report

Premier Solvents Pvt Ltd

Explore comprehensive data for Premier Solvents Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (4)

NameDesignationAppointment DateStatus
Vijay Ajmera Country flag representing In Director 19-Sep-1989Current
Jinit Ajmera Country flag representing In Director 12-Sep-2014Current
Jainesh Ajmera Country flag representing In Whole-Time Director 12-Sep-2014Current
Jasmita Ajmera Country flag representing In Whole-Time Director 20-Jul-1990Current

Financial Performance of Premier Solvents.

Premier Solvents Pvt Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.27% decrease. The company also saw a substantial improvement in profitability, with a 23.37% increase in profit. The company's net worth Soared by an impressive increase of 33.01%.

Premier Solvents revenue growth over time
Premier Solvents 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
-4.27%
Revenue from Operations
-4.26%
Total Assets
21.84%
Profit or Loss
23.37%
Net Worth
33.01%
EBITDA
22.09%

What is the Ownership and Shareholding Structure of Premier Solvents?

In 2023, Premier Solvents 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

₹40.77 Cr

Satisfied Charges

₹20.77 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 40.77 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jan 2022Hdfc Bank Limited₹40.77 CrOpen
27 Apr 2021Others₹2.56 MSatisfied
16 Jun 2020Others₹7.80 MSatisfied
09 Apr 2020Others₹5.00 MSatisfied
12 Feb 2009Dena Bank₹8.45 CrSatisfied

How Many Employees Work at Premier Solvents?

Premier Solvents has a workforce of 32 employees as of Apr 05, 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.

Employee growth trends for Premier Solvents Pvt Ltd

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 40.77 Cr registered on 18 Jan 2022 with Charge ID 100537691 was modified on 22 May 2024.

  • Annual General Meeting

    Premier Solvents Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Premier Solvents Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge registered on 30 Sep 1992 via Charge ID 90215971 with Maharashtra State Financial Corporaiton was fully satisfied on 16 Dec 2022.

  • Charges

    A charge registered on 27 Apr 2021 via Charge ID 100504144 with Others was fully satisfied on 23 Apr 2022.

  • Charges

    A charge registered on 07 Dec 2006 via Charge ID 10030202 with Centurion Bank Of Punjab Ltd. was fully satisfied on 13 Apr 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Premier Solvents Pvt Ltd?

    Premier Solvents Pvt Ltd was incorporated on 19 Sep 1989.

  • What is authorized share capital and paid-up capital of Premier Solvents Pvt Ltd?

    The authorized share capital of Premier Solvents Pvt Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Premier Solvents Pvt Ltd?

    Currently 4 directors are associated with Premier Solvents Pvt Ltd.

    • Vijay Balwantray Ajmera
    • Jasmita Vijay Ajmera
    • Jinit Vijay Ajmera
    • Jainesh Vijay Ajmera

  • What is the registered address of Premier Solvents Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Premier Solvents Pvt Ltd is Flat No. 15 3Rd Floor Yashodhan Chandavarkar Road Borivali (West), India, Mumbai, Maharashtra, 400092.

  • What is the corporate identification number (CIN) and company number of Premier Solvents Pvt Ltd?

    The corporate identification number (CIN) of Premier Solvents Pvt Ltd is U24110MH1989PTC053547 and the company number is 053547 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Premier Solvents Pvt Ltd?

    The Official website of Premier Solvents Pvt Ltd is https://www.vijayajmeragroup.com

  • What has been the recent revenue trend for Premier Solvents Pvt Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Premier Solvents Pvt Ltd has fallen by -4.27%.

  • How many employees does Premier Solvents Pvt Ltd currently have?

    As Per 2023 financial reports, 32 employees are currently employed by Premier Solvents Pvt Ltd.

  • What change has been observed in the net worth of Premier Solvents Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Premier Solvents Pvt Ltd has experienced an upsurge of 33.01%.

  • What are the total open charges for Premier Solvents Pvt Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Premier Solvents Pvt Ltd amount to ₹ 40.77 Cr.

  • When was the last Balance Sheet of Premier Solvents Pvt Ltd filed with the ROC?

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

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