Premier Synthetics Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 14.09 Cr
- Company Age 54 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.90 Cr
- Satisfied Charges ₹ 235.38 Cr
- Revenue Growth 140.19%
- Profit Growth 57.98%
- Ebitda 37.37%
- Net Worth 7.10%
- Total Assets 15.65%
About Premier Synthetics
Premier Synthetics Limited (PSL) was founded in India on 09 October 1970 and has a glorious history of 54 years and four months. Its registered office is in Ahmedabad, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 509835.
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 30.00 Cr and a paid-up capital of Rs 14.09 Cr.
The company currently has active open charges totaling ₹9.90 Cr. The company has closed loans amounting to ₹235.38 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Premier Synthetics Limited India are Vismay Makwana as COMPANY SECRETARY and Narayan Choudhary as Cfo. Gautamchand Surana, Pranavkumar Parikh, Sanjaykumar Majethia, and Three other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
L70100GJ1970PLC100829
- Company No.
100829
- Stock Symbol
BSE : 509835
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 Oct 1970
- Date of AGM
26 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
What products or services does Premier Synthetics Limited offer?
Premier Synthetics Limited offers a wide range of products and services, including Printing & Binding Services, Printing Services.
Who are the key members and board of directors at Premier Synthetics?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gautamchand Surana  | Managing Director | 10-Feb-2016 | Current |
| Vismay Makwana | Company Secretary | 01-Jun-2021 | Current |
| Narayan Choudhary | CFO | 30-Apr-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anusha Maheshwary | Director | 06-Apr-2017 | Current |
| Pranavkumar Parikh | Director | 14-Aug-2024 | Current |
| Sanjaykumar Majethia | Director | 10-Feb-2016 | Current |
| Govind Garg | Director | 22-Aug-2024 | Current |
| Sunny Singhi | Director | 06-Apr-2017 | Current |
Financial Performance of Premier Synthetics.
Premier Synthetics Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 140.19% increase. The company also saw a substantial improvement in profitability, with a 57.98% increase in profit. The company's net worth moved up by a moderate rise of 7.1%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Premier Synthetics?
In 2023, Premier Synthetics had a promoter holding of 48.03% and a public holding of 51.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Steel Craft Infratech Private LimitedGovind Garg is a mutual person
Vms Industries LimitedPranavkumar Parikh is a mutual person
Sun Insulators Private LimitedGautamchand Surana is a mutual person
- Premier Spintex Private Limited
Gautamchand Surana is a mutual person
- Vijay Stationeries Private Limited
Gautamchand Surana is a mutual person
- Majethia Papers Private Limited
Sanjaykumar Majethia is a mutual person
Charges (Loans)
Open Charges
₹9.90 Cr
Satisfied Charges
₹235.38 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 9.90 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Dec 2021 | Axis Bank Limited | ₹9.90 Cr | Open |
| 20 Oct 1999 | Genuine Commercial Services Private Limited | ₹19.20 Cr | Satisfied |
| 13 Oct 1999 | Genuine Commercial Services Private Limited | ₹33.62 Cr | Satisfied |
| 11 Jun 1997 | Genuine Commercial Services Private Limited | ₹48.98 Cr | Satisfied |
| 11 Feb 1997 | Edelweiss Asset Reconstruction Company Limited | ₹10.00 Cr | Satisfied |
How Many Employees Work at Premier Synthetics?
Premier Synthetics has a workforce of 14 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Premier Synthetics, 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'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 Synthetics
Recent activity within the organization
- Annual General Meeting
Premier Synthetics Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
- Director Appointment
Govind Ram Garg was appointed as a Director was appointed as a Director on 22 Aug 2024 & has been associated with this company since 6 months 12 days .
- Director Appointment
Pranavkumar Vinaykant Parikh was appointed as a Director was appointed as a Director on 14 Aug 2024 & has been associated with this company since 6 months 20 days .
- Director Appointment
Narayan Devnarayan Choudhary was appointed as a Cfo was appointed as a Cfo on 30 Apr 2024 & has been associated with this company since 10 months 3 days .
- Balance Sheet
Premier Synthetics Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Axis Bank Limited amounted to Rs. 9.90 Cr with Charge ID 100516564 was registered on 04 Dec 2021.
Frequently asked questions
What is the Incorporation or founding date of Premier Synthetics Limited?
Premier Synthetics Limited was incorporated on 09 Oct 1970.
What is authorized share capital and paid-up capital of Premier Synthetics Limited?
The authorized share capital of Premier Synthetics Limited is ₹ 30.00 Cr and paid-up capital is ₹ 14.09 Cr.
Who are the current board members & directors of Premier Synthetics Limited?
Currently 8 directors are associated with Premier Synthetics Limited.
- Gautamchand Kewalchand Surana
- Pranavkumar Vinaykant Parikh
- Sanjaykumar Vinodbhai Majethia
- Govind Ram Garg
- Sunny Sunil Singhi
- Anusha Maheshwary
- Vismay Ashokkumar Makwana
- Narayan Devnarayan Choudhary
What is the registered address of Premier Synthetics Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Premier Synthetics Limited is Surana House Behnd Klassic Chambers Swastik X Rd Opp. Narnarayan Complex, Navrangpura India, Ahmedabad, Gujarat, 380009.
What is the corporate identification number (CIN) and company number of Premier Synthetics Limited?
The corporate identification number (CIN) of Premier Synthetics Limited is L70100GJ1970PLC100829 and the company number is 100829 as per Ministry of Corporate Affairs (MCA).
Is Premier Synthetics Limited registered with any stock exchange in India?
Yes, Premier Synthetics Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Premier Synthetics Limited?
The Official website of Premier Synthetics Limited is https://www.premiersyntheticsltd.com
What has been the recent revenue trend for Premier Synthetics Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Premier Synthetics Limited has risen by 140.19%.
How many employees does Premier Synthetics Limited currently have?
As Per 2022 financial reports, 14 employees are currently employed by Premier Synthetics Limited.
What change has been observed in the net worth of Premier Synthetics Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Premier Synthetics Limited has experienced an upsurge of 7.10%.
What are the total open charges for Premier Synthetics Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Premier Synthetics Limited amount to ₹ 9.90 Cr.
When was the last Balance Sheet of Premier Synthetics Limited filed with the ROC?
The most recent Balance Sheet for Premier Synthetics Limited was filed with the ROC on 31 Mar 2024.
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