Premier Tissues (India) Limited

Produces specialty paper products and trades imported materials for hygiene needs.

1998 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Premier Tissues (India) Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 11.24 Cr
  • Company Age 26 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 59.22 Cr
  • Revenue Growth 45.23%
  • Profit Growth 59.41%
  • Ebitda -0.85%
  • Net Worth 6.66%
  • Total Assets 5.75%

About Premier Tissues (India)

Premier Tissues (India) Limited (PTIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 March 1998 and has a history of 26 years and ten months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Premier Aryco (India) Limited. 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 12.00 Cr and a paid-up capital of Rs 11.24 Cr.

The company has closed loans amounting to ₹59.22 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Premier Tissues (India) Limited India is Nurani Parameswaran as COMPANY SECRETARY. Ruchit Patel, Gopinathan Kumar, Venugopal Perumal, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1998PLC023512

  • Company No.

    023512

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Mar 1998

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

What products or services does Premier Tissues (India) Limited offer?

Premier Tissues (India) Limited offers a wide range of products and services, including Packaging Films & Foils, Plastic Film, Towels, Napkins & Handkerchieves, Napkins, Tissue Paper, Facial Tissues, Table Napkin, Toilet Paper Roll, Packaging Foil, Aluminum Foils.

Who are the key members and board of directors at Premier Tissues (India)?

Executive Team (2)

NameDesignationAppointment DateStatus
Gopinathan Kumar Country flag representing In Managing Director31-Aug-2018Current
Nurani Parameswaran Country flag representing In Company Secretary01-Jul-2020Current

Board Members (3)

NameDesignationAppointment DateStatus
Ruchit Patel Country flag representing In Director 15-Oct-2019Current
Venugopal Perumal Country flag representing In Whole-Time Director 03-Dec-2018Current
Hardik Patel Country flag representing In Director 15-Oct-2019Current

Financial Performance of Premier Tissues (India).

Premier Tissues (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.23% increase. The company also saw a substantial improvement in profitability, with a 59.41% increase in profit. The company's net worth moved up by a moderate rise of 6.66%.

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
45.23%
Revenue from Operations
43.55%
Total Assets
5.75%
Profit or Loss
59.41%
Net Worth
6.66%
EBITDA
-0.85%

What is the Ownership and Shareholding Structure of Premier Tissues (India)?

In 2021, Premier Tissues (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

₹0

Satisfied Charges

₹59.22 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 28.18 Cr
  • Yes Bank Limited : 26.50 Cr
  • Union Bank Of India : 3.75 Cr
  • Canara Bank : 0.53 Cr
  • Centurion Bank Of Punjab Limited : 0.14 Cr
  • Others : 0.12 Cr

Latest Charge Details

DateLenderAmountStatus
10 Aug 2015Yes Bank Limited₹2.00 CrSatisfied
14 Jul 2011Yes Bank Limited₹16.50 CrSatisfied
14 Jul 2011Yes Bank Limited₹8.00 CrSatisfied
27 Aug 2009Canara Bank₹4.20 MSatisfied
20 Aug 2009Bank Of India₹0.50 MSatisfied

How Many Employees Work at Premier Tissues (India)?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Premier Tissues (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 Tissues (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 Tissues (India)

Recent activity within the organization

  • Annual General Meeting

    Premier Tissues (India) Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

    23 Sep 2024

  • Balance Sheet

    Premier Tissues (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Nurani Neelakantan Parameswaran was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jul 2020 & has been associated with this company since 4 years 7 months .

    01 Jul 2020

  • Director Appointment

    Ruchit Bharat Patel was appointed as a Director was appointed as a Director on 15 Oct 2019 & has been associated with this company since 5 years 3 months .

    15 Oct 2019

  • Director Appointment

    Hardik Bharat Patel was appointed as a Director was appointed as a Director on 15 Oct 2019 & has been associated with this company since 5 years 3 months .

    15 Oct 2019

  • Charges

    A charge registered on 10 Aug 2015 via Charge ID 10593377 with Yes Bank Limited was fully satisfied on 16 Mar 2019.

    16 Mar 2019

Frequently asked questions

  • Premier Tissues (India) Limited was incorporated on 19 Mar 1998.

  • The authorized share capital of Premier Tissues (India) Limited is ₹ 12.00 Cr and paid-up capital is ₹ 11.24 Cr.

  • Currently 5 directors are associated with Premier Tissues (India) Limited.

    • Ruchit Bharat Patel
    • Gopinathan Pillai Krishna Kumar
    • Venugopal Perumal
    • Nurani Neelakantan Parameswaran
    • Hardik Bharat Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Premier Tissues (India) Limited is No.116/5 S Square 3 Rd Main 11Th Cross Margosa Road, India, Bangalore North, Karnataka, 560003.

  • The corporate identification number (CIN) of Premier Tissues (India) Limited is U85110KA1998PLC023512 and the company number is 023512 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Premier Tissues (India) Limited is https://www.premiertissues.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Premier Tissues (India) Limited has risen by 45.23%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Premier Tissues (India) Limited has experienced an upsurge of 6.66%.

  • The most recent Balance Sheet for Premier Tissues (India) Limited was filed with the ROC on 31 Mar 2024.

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