Premier Switchgears Private Limited

Provides rental and leasing services for factories, offices, and warehouses.

1981 | Hyderabad, Telangana (India) | Active
Last Updated:

Premier Switchgears Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 43 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 293.73 Cr
  • Revenue Growth -7.86%
  • Profit Growth 9.06%
  • Ebitda -1.78%
  • Net Worth 9.66%
  • Total Assets 9.91%

About Premier Switchgears

Premier Switchgears Private Limited (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 July 1981 and has a history of 43 years and nine months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Premier Switchgears Ltd. The Company is engaged in the Financial Services 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 5.00 M and a paid-up capital of Rs 3.00 M.

The company currently has active open charges totaling ₹293.73 Cr.

Nihar Mody and Pallavi Mody serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U99999TG1981PTC003129

  • Company No.

    003129

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Jul 1981

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services
Company report

Premier Switchgears Private Limited

Explore comprehensive data for Premier Switchgears Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Nihar Mody Country flag representing In Director 06-Sep-2001Current
Pallavi Mody Country flag representing In Director 01-Apr-1995Current

Financial Performance of Premier Switchgears.

Premier Switchgears Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 7.86% decrease. The company also saw a slight improvement in profitability, with a 9.06% increase in profit. The company's net worth moved up by a moderate rise of 9.66%.

Premier Switchgears revenue growth over time
Premier Switchgears 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
-7.86%
Revenue from Operations
12.26%
Total Assets
9.91%
Profit or Loss
9.06%
Net Worth
9.66%
EBITDA
-1.78%

What is the Ownership and Shareholding Structure of Premier Switchgears?

Unlock access to Premier Switchgears'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

₹2,937.29 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 253.80 Cr
  • Kotak Mahindra Prime Limited : 37.00 Cr
  • I.D.B.I. Bank Ltd. : 1.45 Cr
  • The Industrial Finance Corp. Of India Ltd. : 1.40 Cr
  • Bank Of Baroda : 0.05 Cr
  • Others : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
28 Sep 2022Others₹65.00 CrOpen
16 Dec 2020Others₹75.00 CrOpen
28 Sep 2020Others₹44.30 CrOpen
28 Sep 2020Others₹26.00 CrOpen
14 Jan 2013Others₹34.00 CrOpen

How Many Employees Work at Premier Switchgears?

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

Employee growth trends for Premier Switchgears Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 750.00 M registered on 16 Dec 2020 with Charge ID 100399980 was modified on 27 Nov 2023.

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge with Others of Rs. 95.00 M registered on 12 Nov 2010 with Charge ID 10249312 was modified on 17 Dec 2022.

  • Charges

    A charge with Others amounted to Rs. 650.00 M with Charge ID 100618643 was registered on 28 Sep 2022.

  • Charges

    A charge with Others of Rs. 340.00 M registered on 14 Jan 2013 with Charge ID 10401572 was modified on 15 Feb 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Premier Switchgears Private Limited?

    Premier Switchgears Private Limited was incorporated on 30 Jul 1981.

  • What is authorized share capital and paid-up capital of Premier Switchgears Private Limited?

    The authorized share capital of Premier Switchgears Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.00 M.

  • Who are the current board members & directors of Premier Switchgears Private Limited?

    Currently 2 directors are associated with Premier Switchgears Private Limited.

    • Nihar Kiran Mody
    • Pallavi Mody

  • What is the registered address of Premier Switchgears Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Premier Switchgears Private Limited is Flat No 8-2-293/82/A Plot No. 1199 India, Shaikpet, Telangana, 500033.

  • What is the corporate identification number (CIN) and company number of Premier Switchgears Private Limited?

    The corporate identification number (CIN) of Premier Switchgears Private Limited is U99999TG1981PTC003129 and the company number is 003129 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Premier Switchgears Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Premier Switchgears Private Limited has fallen by -7.86%.

  • What change has been observed in the net worth of Premier Switchgears Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Premier Switchgears Private Limited has experienced an upsurge of 9.66%.

  • What are the total open charges for Premier Switchgears Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Premier Switchgears Private Limited amount to ₹ 293.73 Cr.

  • When was the last Balance Sheet of Premier Switchgears Private Limited filed with the ROC?

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

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