Premier Starch Products Private Limited

Produces starch and dextrines, including epoxy curing agent, polymerized starch, and modified starch.

1988 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Premier Starch Products Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.45 M
  • Company Age 36 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.32 Cr
  • Satisfied Charges ₹ 5.26 Cr
  • Revenue Growth 52.59%
  • Profit Growth 215.69%
  • Ebitda 112.92%
  • Net Worth 24.80%
  • Total Assets 5.72%

About Premier Starch Products

Premier Starch Products Private Limited (PSPPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 June 1988 and has a history of 36 years and eight months. Its registered office is in Bangaluru, Karnataka, 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 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.45 M.

The company currently has active open charges totaling ₹2.32 Cr. The company has closed loans amounting to ₹5.26 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jeppu Bangera and Ranjeet Bangera serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    premierstarch.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15323KA1988PTC009186

  • Company No.

    009186

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jun 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Chemicals and Materials

What products or services does Premier Starch Products Private Limited offer?

Premier Starch Products Private Limited offers a wide range of products and services, including Flavours & Aromatics, Food Stabilizer.

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

Executive Team (1)

Name Designation Appointment Date Status
Jeppu Bangera Country flag representing In Managing Director 13-Jun-1988 Current

Board Members (1)

Name Designation Appointment Date Status
Ranjeet Bangera Country flag representing In Director 23-Nov-2000 Current

Financial Performance of Premier Starch Products.

Premier Starch Products Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 52.59% increase. The company also saw a substantial improvement in profitability, with a 215.69% increase in profit. The company's net worth Soared by an impressive increase of 24.8%.

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
52.59%
Revenue from Operations
56.51%
Total Assets
5.72%
Profit or Loss
215.69%
Net Worth
24.80%
EBITDA
112.92%

What is the Ownership and Shareholding Structure of Premier Starch Products?

In 2023, Premier Starch Products had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹23.19 M

Satisfied Charges

₹52.61 M

Charges Breakdown by Lending Institutions

  • Others : 2.16 Cr
  • Sidbi : 0.16 Cr

Latest Charge Details

Date Lender Amount Status
27 Jun 2024 Sidbi ₹1.63 M Open
30 Jun 2023 Others ₹2.16 Cr Open
29 Oct 2020 Canara Bank ₹2.50 M Satisfied
19 Nov 2015 Canara Bank ₹2.11 Cr Satisfied
08 May 2009 Bank Of Baroda ₹0.69 M Satisfied

How Many Employees Work at Premier Starch Products?

Premier Starch Products has a workforce of 10 employees as of Apr 07, 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 Starch Products, 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 Starch Products'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 Starch Products

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Sidbi amounted to Rs. 1.63 M with Charge ID 100943611 was registered on 27 Jun 2024.

    27 Jun 2024

  • Balance Sheet

    Premier Starch Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 21.56 M registered on 30 Jun 2023 with Charge ID 100763385 was modified on 10 Oct 2023.

    10 Oct 2023

  • Charges

    A charge registered on 19 Nov 2015 via Charge ID 10618876 with Canara Bank was fully satisfied on 21 Aug 2023.

    21 Aug 2023

  • Charges

    A charge registered on 29 Oct 2020 via Charge ID 100413993 with Canara Bank was fully satisfied on 12 Jul 2023.

    12 Jul 2023

Frequently asked questions

  • Premier Starch Products Private Limited was incorporated on 13 Jun 1988.

  • The authorized share capital of Premier Starch Products Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.45 M.

  • Currently 2 directors are associated with Premier Starch Products Private Limited.

    • Jeppu Ramachandra Bangera
    • Ranjeet Ramachandra Bangera
  • As per Ministry of Corporate Affairs (Mca), the registered address of Premier Starch Products Private Limited is B-45 Kssidc Industrial Estate Kumbalgodu, Mysore Road India, Bangalore South, Karnataka, 560074.

  • The corporate identification number (CIN) of Premier Starch Products Private Limited is U15323KA1988PTC009186 and the company number is 009186 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Premier Starch Products Private Limited is https://www.premierstarch.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Premier Starch Products Private Limited has risen by 52.59%.

  • As Per 2023 financial reports, 10 employees are currently employed by Premier Starch Products Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Premier Starch Products Private Limited has experienced an upsurge of 24.80%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Premier Starch Products Private Limited amount to ₹ 2.32 Cr.

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

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