Premier Spg And Wvg Mills Profile
Key Indicators
- Authorised Capital ₹ 6.85 Cr
- Paid Up Capital ₹ 2.79 Cr
- Company Age 80 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 101.46 Cr
- Satisfied Charges ₹ 540.82 Cr
- Revenue Growth 15.98%
- Profit Growth -90.74%
- Ebitda -77.73%
- Net Worth 0.51%
- Total Assets -5.01%
About Premier Spg And Wvg Mills
Premier Spg And Wvg Mills Private Limited (PSAWMPL) was founded in India on 19 January 1945 and has a glorious history of 80 years and one month. Its registered office is in Coimbatore, Tamil Nadu, India.
The Corporate was formerly known as Premier Mills 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 6.85 Cr and a paid-up capital of Rs 2.79 Cr.
The company currently has active open charges totaling ₹101.46 Cr. The company has closed loans amounting to ₹540.82 Cr, as per Ministry of Corporate Affairs (MCA) records.
Damotharan Rajendran, Sheela Rajendran, Rohit Rajendran, and Two other members serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17111TZ1945PTC000146
- Company No.
000146
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Jan 1945
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
What products or services does Premier Spg And Wvg Mills Private Limited offer?
Premier Spg And Wvg Mills Private Limited offers a wide range of products and services, including Yarns & Threads, Natural Fiber Yarns, Textile Yarn, Men Shirts, Jeans & Clothing, Men Wear.
Who are the key members and board of directors at Premier Spg And Wvg Mills?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rohit Rajendran  | Managing Director | 03-Aug-2005 | Current |
| Damotharan Rajendran | Managing Director | 27-Sep-1978 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sheela Rajendran | Director | 10-Jun-2011 | Current |
| Sameera Rajendran | Director | 27-Mar-2023 | Current |
| Balasubramaniam Shanmugam | Director | 26-Dec-2023 | Current |
Financial Performance of Premier Spg And Wvg Mills.
Premier Spg And Wvg Mills Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.98% increase. The company also saw a substantial fall in profitability, with a 90.74% decrease in profit. The company's net worth moved up by a moderate rise of 0.51%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Premier Spg And Wvg Mills?
In 2023, Premier Spg And Wvg 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)
The Cotton Textiles Export Promotion CouncilRohit Rajendran is a mutual person
Prima Products Private LimitedDamotharan Rajendran, Sheela Rajendran and 3 more are mutual person
- Coimbatore Polytex Private Limited
Damotharan Rajendran, Sheela Rajendran and 2 more are mutual person
Sheela Investments Coimbatore Private LimitedDamotharan Rajendran and Sheela Rajendran are mutual person
- Raaviar Holdings Private Limited
Damotharan Rajendran, Sheela Rajendran and 1 more are mutual person
Charges (Loans)
Open Charges
₹101.46 Cr
Satisfied Charges
₹540.82 Cr
Charges Breakdown by Lending Institutions
- Others : 81.46 Cr
- Hdfc Bank Limited : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Mar 2021 | Hdfc Bank Limited | ₹20.00 Cr | Open |
| 04 Mar 2021 | Others | ₹50.00 Cr | Open |
| 03 Apr 2019 | Others | ₹1.85 Cr | Open |
| 05 Feb 2018 | Others | ₹2.81 Cr | Open |
| 01 Apr 1999 | Others | ₹21.00 Cr | Open |
How Many Employees Work at Premier Spg And Wvg Mills?
Premier Spg And Wvg Mills has a workforce of 952 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Premier Spg And Wvg 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 Spg And Wvg 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.
Latest Updates, News, and FAQs on Premier Spg And Wvg Mills
Recent activity within the organization
- Annual General Meeting
Premier Spg And Wvg Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Premier Spg And Wvg Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
- Charges
A charge with Others of Rs. 21.00 Cr registered on 01 Apr 1999 with Charge ID 80012620 was modified on 12 Jan 2024.
- Director Appointment
Balasubramaniam Shanmugam was appointed as a Director was appointed as a Director on 26 Dec 2023 & has been associated with this company since 1 year 2 months .
- Director Appointment
Sameera Rajendran was appointed as a Director was appointed as a Director on 27 Mar 2023 & has been associated with this company since 1 year 11 months .
- Charges
A charge with Others of Rs. 5.80 Cr registered on 01 Apr 1999 with Charge ID 90005095 was modified on 20 Mar 2023.
Frequently asked questions
What is the Incorporation or founding date of Premier Spg And Wvg Mills Private Limited?
Premier Spg And Wvg Mills Private Limited was incorporated on 19 Jan 1945.
What is authorized share capital and paid-up capital of Premier Spg And Wvg Mills Private Limited?
The authorized share capital of Premier Spg And Wvg Mills Private Limited is ₹ 6.85 Cr and paid-up capital is ₹ 2.79 Cr.
Who are the current board members & directors of Premier Spg And Wvg Mills Private Limited?
Currently 5 directors are associated with Premier Spg And Wvg Mills Private Limited.
- Damotharan Rajendran
- Sheela Rajendran
- Rohit Rajendran
- Sameera Rajendran
- Balasubramaniam Shanmugam
What is the registered address of Premier Spg And Wvg Mills Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Premier Spg And Wvg Mills Private Limited is No.1 Nava India Road, Coimbatore, Tamil Nadu, 641028.
What is the corporate identification number (CIN) and company number of Premier Spg And Wvg Mills Private Limited?
The corporate identification number (CIN) of Premier Spg And Wvg Mills Private Limited is U17111TZ1945PTC000146 and the company number is 000146 as per Ministry of Corporate Affairs (MCA).
What is the official website of Premier Spg And Wvg Mills Private Limited?
The Official website of Premier Spg And Wvg Mills Private Limited is https://www.premills.com
What has been the recent revenue trend for Premier Spg And Wvg Mills Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Premier Spg And Wvg Mills Private Limited has risen by 15.98%.
How many employees does Premier Spg And Wvg Mills Private Limited currently have?
As Per 2023 financial reports, 952 employees are currently employed by Premier Spg And Wvg Mills Private Limited.
What change has been observed in the net worth of Premier Spg And Wvg Mills Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Premier Spg And Wvg Mills Private Limited has experienced an upsurge of 0.51%.
What are the total open charges for Premier Spg And Wvg Mills Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Premier Spg And Wvg Mills Private Limited amount to ₹ 101.46 Cr.
When was the last Balance Sheet of Premier Spg And Wvg Mills Private Limited filed with the ROC?
The most recent Balance Sheet for Premier Spg And Wvg Mills Private Limited was filed with the ROC on 31 Mar 2024.
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