Premier Spares Private Limited

Trading iron and steel since 1974, based in Nagpur, Maharashtra.

1974 | Nagpur, Maharashtra (India) | Active
Last Updated: December 29, 2024

Premier Spares Profile

Key Indicators

  • Authorised Capital ₹ 1.20 M
  • Paid Up Capital ₹ 0.95 M
  • Company Age 50 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.50 M
  • Satisfied Charges ₹ 2.57 Cr
  • Revenue Growth -38.32%
  • Profit Growth -106.73%
  • Ebitda -94.26%
  • Net Worth -5.27%
  • Total Assets -61.09%

About Premier Spares

Premier Spares Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 May 1974 and has a history of 50 years and eight months. Its registered office is in Nagpur, Maharashtra.

The Company is engaged in the Metals And Minerals 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 1.20 M and a paid-up capital of Rs 0.95 M.

The company currently has active open charges totaling ₹5.50 M. The company has closed loans amounting to ₹2.57 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kishandas Mohta and Vinay Mohta serve as directors at the Company.

Company Details

  • Location Nagpur, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    premierindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29130MH1974PTC017506

  • Company No.

    017506

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 May 1974

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

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

Board Members (2)

Name Designation Appointment Date Status
Kishandas Mohta Country flag representing In Director 31-May-1974 Current
Vinay Mohta Country flag representing In Director 02-Mar-2004 Current

Financial Performance of Premier Spares.

Premier Spares Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 38.32% decrease. The company also saw a substantial fall in profitability, with a 106.73% decrease in profit. The company's net worth dipped by a decrease of 5.27%.

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
-38.32%
Revenue from Operations
-28.01%
Total Assets
-61.09%
Profit or Loss
-106.73%
Net Worth
-5.27%
EBITDA
-94.26%

What is the Ownership and Shareholding Structure of Premier Spares?

Unlock access to Premier Spares's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.50 M

Satisfied Charges

₹25.71 M

Charges Breakdown by Lending Institutions

  • The Nagpur Mahila Nagari Sahakari Bank Ltd. : 0.55 Cr

Latest Charge Details

Date Lender Amount Status
03 Sep 2001 The Nagpur Mahila Nagari Sahakari Bank Ltd. ₹3.00 M Open
29 Aug 2001 The Nagpur Mahila Nagari Sahakari Bank Ltd. ₹2.50 M Open
10 Feb 2015 Icici Bank Limited ₹5.00 M Satisfied
23 Mar 2010 State Bank Of Patiala ₹3.50 M Satisfied
11 May 2004 Shikshak Sahakari Bank Ltd ₹9.40 M Satisfied

How Many Employees Work at Premier Spares?

Unlock and access historical data on people associated with Premier Spares, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Premier Spares Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Premier Spares Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 10 Feb 2015 via Charge ID 10565360 with Icici Bank Limited was fully satisfied on 21 Aug 2020.

    21 Aug 2020

  • Charges

    A charge registered on 28 Sep 1995 via Charge ID 90188616 with State Bank Of India was fully satisfied on 29 Nov 2018.

    29 Nov 2018

  • Charges

    A charge registered on 28 Sep 1995 via Charge ID 90187689 with State Bank Of India was fully satisfied on 29 Nov 2018.

    29 Nov 2018

  • Charges

    A charge registered on 28 May 1993 via Charge ID 90183977 with State Bank Of India was fully satisfied on 29 Nov 2018.

    29 Nov 2018

Frequently asked questions

  • Premier Spares Private Limited was incorporated on 31 May 1974.

  • The authorized share capital of Premier Spares Private Limited is ₹ 1.20 M and paid-up capital is ₹ 0.95 M.

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

    • Kishandas Jamnadas Mohta
    • Vinay Kisandas Mohta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Premier Spares Private Limited is Plot No. E-26 Midc Industrial Area Hingna, India, Nagpur, Maharashtra, 440028.

  • The corporate identification number (CIN) of Premier Spares Private Limited is U29130MH1974PTC017506 and the company number is 017506 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Premier Spares Private Limited is https://www.premierindia.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Premier Spares Private Limited has fallen by -38.32%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Premier Spares Private Limited has experienced an downturn of -5.27%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Premier Spares Private Limited amount to ₹ 5.50 M.

  • The most recent Balance Sheet for Premier Spares Private Limited was filed with the ROC on 31 Mar 2024.