Premier Tex Products Private Limited

Manufactures cotton yarn in various counts and sells in domestic markets.

1997 | Active
Last Updated: November 16, 2024

Premier Tex Products Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 20.00 Cr
  • Company Age 27 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 45.60 Cr
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth 32.80%
  • Profit Growth -53.42%
  • Ebitda 25.67%
  • Net Worth 4.75%
  • Total Assets 9.58%

About Premier Tex Products

Premier Tex Products Private Limited (PTPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 October 1997 and has a history of 27 years and four months. Its registered office is in Na, Tamil Nadu.

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 20.00 Cr and a paid-up capital of Rs 20.00 Cr.

The company currently has active open charges totaling ₹45.60 Cr. The company has closed loans amounting to ₹1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Alaguraj Rajendramani and Rajendramani Rajapappathy serve as directors at the Company.

Company Details

  • Location Na, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TN1997PTC039227

  • Company No.

    039227

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Oct 1997

  • Date of AGM

    16 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

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

Executive Team (1)

NameDesignationAppointment DateStatus
Alaguraj Rajendramani Country flag representing In Managing Director15-Oct-1997Current

Board Members (1)

NameDesignationAppointment DateStatus
Rajendramani Rajapappathy Country flag representing In Director 15-Oct-1997Current

Financial Performance of Premier Tex Products.

Premier Tex Products Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.8% increase. The company also saw a substantial fall in profitability, with a 53.42% decrease in profit. The company's net worth moved up by a moderate rise of 4.75%.

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
32.80%
Revenue from Operations
32.99%
Total Assets
9.58%
Profit or Loss
-53.42%
Net Worth
4.75%
EBITDA
25.67%

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

In 2023, Premier Tex Products 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

₹45.60 Cr

Satisfied Charges

₹1.50 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 45.60 Cr

Latest Charge Details

DateLenderAmountStatus
03 Apr 2023Canara Bank₹20.00 CrOpen
13 Jan 2022Canara Bank₹20.00 CrOpen
18 Feb 2011Canara Bank₹5.00 CrOpen
09 Feb 2010Canara Bank₹6.00 MOpen
09 Jul 2018Canara Bank₹1.50 CrSatisfied

How Many Employees Work at Premier Tex Products?

Premier Tex Products has a workforce of 302 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 Tex 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 Tex 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 Tex Products

Recent activity within the organization

  • Annual General Meeting

    Premier Tex Products Private Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.

    16 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 20.00 Cr with Charge ID 100701132 was registered on 03 Apr 2023.

    03 Apr 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 20.00 Cr with Charge ID 100569674 was registered on 13 Jan 2022.

    13 Jan 2022

  • Charges

    A charge registered on 09 Jul 2018 via Charge ID 100200660 with Canara Bank was fully satisfied on 31 Aug 2021.

    31 Aug 2021

  • Charges

    A charge with Canara Bank amounted to Rs. 1.50 Cr with Charge ID 100200660 was registered on 09 Jul 2018.

    09 Jul 2018

Frequently asked questions

  • Premier Tex Products Private Limited was incorporated on 13 Oct 1997.

  • The authorized share capital of Premier Tex Products Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 20.00 Cr.

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

    • Alaguraj Rajendramani
    • Rajendramani Rajapappathy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Premier Tex Products Private Limited is S.F.39/2 South Street Sankarapandiapuram Road, Chatrapatti-626 102 Tamil Du India, Na, Tamil Nadu.

  • The corporate identification number (CIN) of Premier Tex Products Private Limited is U17111TN1997PTC039227 and the company number is 039227 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Premier Tex Products Private Limited has risen by 32.80%.

  • As Per 2023 financial reports, 302 employees are currently employed by Premier Tex Products Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Premier Tex Products Private Limited has experienced an upsurge of 4.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Premier Tex Products Private Limited amount to ₹ 45.60 Cr.

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