Premier Synthetics India Private Limited

Manufactures and trades plastic materials and equipment for engineering industries.

1980 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 25, 2024

Premier Synthetics India Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 4.29 M
  • Company Age 45 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.56 Cr
  • Satisfied Charges ₹ 6.55 Cr
  • Revenue Growth 5.97%
  • Profit Growth 113.25%
  • Ebitda 122.65%
  • Net Worth 16.19%
  • Total Assets -7.09%

About Premier Synthetics India

Premier Synthetics India Private Limited (PSIPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 January 1980 and has a history of 45 years and one month. Its registered office is in Coimbatore, Tamil Nadu, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 4.29 M.

The company currently has active open charges totaling ₹1.56 Cr. The company has closed loans amounting to ₹6.55 Cr, as per Ministry of Corporate Affairs (MCA) records.

Venkataswamynaidu Chinnaswamy, Chinnaswamy Suryakumari, and Chinnaswamy Prasad 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

    U17119TZ1980PTC000896

  • Company No.

    000896

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Jan 1980

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

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

Executive Team (1)

NameDesignationAppointment DateStatus
Venkataswamynaidu Chinnaswamy Country flag representing In Managing Director09-Jan-1980Current

Board Members (2)

NameDesignationAppointment DateStatus
Chinnaswamy Prasad Country flag representing In Director 01-Mar-1993Current
Chinnaswamy Suryakumari Country flag representing In Director 09-Jan-1980Current

Financial Performance of Premier Synthetics India.

Premier Synthetics India Private Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 5.97% increase. The company also saw a substantial improvement in profitability, with a 113.25% increase in profit. The company's net worth Soared by an impressive increase of 16.19%.

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
5.97%
Revenue from Operations
1.01%
Total Assets
-7.09%
Profit or Loss
113.25%
Net Worth
16.19%
EBITDA
122.65%

What is the Ownership and Shareholding Structure of Premier Synthetics India?

In 2021, Premier Synthetics India 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

₹1.56 Cr

Satisfied Charges

₹6.55 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.68 Cr
  • Hdfc Bank Ltd : 0.50 Cr
  • The Tamilnadu Industrial Investment Corporation Limited : 0.27 Cr
  • The Tamilnadu Industrial Investment Corporation Ltd. : 0.11 Cr

Latest Charge Details

DateLenderAmountStatus
16 Aug 2004Hdfc Bank Ltd₹5.00 MOpen
17 Jun 1998The Tamilnadu Industrial Investment Corporation Ltd.₹0.53 MOpen
15 Apr 1997State Bank Of India₹4.00 MOpen
10 Feb 1997The Tamilnadu Industrial Investment Corporation Ltd.₹0.55 MOpen
25 Jul 1995The Tamilnadu Industrial Investment Corporation Limited₹0.96 MOpen

How Many Employees Work at Premier Synthetics India?

Premier Synthetics India has a workforce of 1 employees as of Apr 08, 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 Synthetics India, 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 Synthetics India'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 Synthetics India

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Premier Synthetics India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge registered on 11 Dec 2009 via Charge ID 10191128 with Axis Bank Limited was fully satisfied on 08 Feb 2013.

    08 Feb 2013

  • Charges

    A charge registered on 28 Oct 2005 via Charge ID 90002037 with Corporation Bank was fully satisfied on 25 Jan 2010.

    25 Jan 2010

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.70 Cr with Charge ID 10191128 was registered on 11 Dec 2009.

    11 Dec 2009

  • Charges

    A charge with Corporation Bank of Rs. 3.85 Cr registered on 28 Oct 2005 with Charge ID 90002037 was modified on 06 Nov 2008.

    06 Nov 2008

Frequently asked questions

  • Premier Synthetics India Private Limited was incorporated on 09 Jan 1980.

  • The authorized share capital of Premier Synthetics India Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 4.29 M.

  • Currently 3 directors are associated with Premier Synthetics India Private Limited.

    • Venkataswamynaidu Chinnaswamy
    • Chinnaswamy Suryakumari
    • Chinnaswamy Anand Prasad
  • As per Ministry of Corporate Affairs (Mca), the registered address of Premier Synthetics India Private Limited is 272Race Course India, Coimbatore, Tamil Nadu, 641018.

  • The corporate identification number (CIN) of Premier Synthetics India Private Limited is U17119TZ1980PTC000896 and the company number is 000896 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Premier Synthetics India Private Limited has risen by 5.97%.

  • As Per 2021 financial reports, 1 employees are currently employed by Premier Synthetics India Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Premier Synthetics India Private Limited has experienced an upsurge of 16.19%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Premier Synthetics India Private Limited amount to ₹ 1.56 Cr.

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