Premier Valves And Fittings Private Limited

Manufactures and trades industrial valves, established in 1994, based in Gujarat.

1994 | Ahmedabad, Gujarat (India) | Active
Last Updated: October 24, 2024

Premier Valves And Fittings Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.52 M
  • Company Age 30 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.48 Cr
  • Satisfied Charges ₹ 1.20 Cr
  • Revenue Growth -19.32%
  • Profit Growth 38.50%
  • Ebitda -7.73%
  • Net Worth 10.21%
  • Total Assets 26.11%

About Premier Valves And Fittings

Premier Valves And Fittings Private Limited (PVAFPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 June 1994 and has a history of 30 years and seven months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Machinery And Equipment 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 2.50 M and a paid-up capital of Rs 0.52 M.

The company currently has active open charges totaling ₹2.48 Cr. The company has closed loans amounting to ₹1.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Devayatbhai Vaghamshi, Ashokkumar Vaghamshi, Mahesh Vaghamshi, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29120GJ1994PTC022292

  • Company No.

    022292

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Jun 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

Who are the key members and board of directors at Premier Valves And Fittings?

Board Members (4)

Name Designation Appointment Date Status
Devayatbhai Vaghamshi Country flag representing In Director 19-Apr-2013 Current
Ashokkumar Vaghamshi Country flag representing In Director 16-Mar-2015 Current
Mahesh Vaghamshi Country flag representing In Director 19-Apr-2013 Current
Hardik Vaghamshi Country flag representing In Director 16-Mar-2015 Current

Financial Performance of Premier Valves And Fittings.

Premier Valves And Fittings Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.32% decrease. The company also saw a substantial improvement in profitability, with a 38.5% increase in profit. The company's net worth Soared by an impressive increase of 10.21%.

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
-19.32%
Revenue from Operations
-19.42%
Total Assets
26.11%
Profit or Loss
38.50%
Net Worth
10.21%
EBITDA
-7.73%

What is the Ownership and Shareholding Structure of Premier Valves And Fittings?

In 2023, Premier Valves And Fittings 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

₹24.80 M

Satisfied Charges

₹12.00 M

Charges Breakdown by Lending Institutions

  • Others : 2.48 Cr

Latest Charge Details

Date Lender Amount Status
02 Aug 2024 Others ₹2.48 Cr Open
21 Aug 2017 Hdfc Bank Limited ₹5.00 M Satisfied
18 Dec 2015 The Shamrao Vithal Cooperative Bank Limited ₹7.00 M Satisfied

How Many Employees Work at Premier Valves And Fittings?

Unlock and access historical data on people associated with Premier Valves And Fittings, 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 Valves And Fittings, 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 Valves And Fittings'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 Valves And Fittings

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 24.80 M with Charge ID 100985113 was registered on 02 Aug 2024.

    02 Aug 2024

  • Annual General Meeting

    Premier Valves And Fittings 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 Valves And Fittings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 21 Aug 2017 via Charge ID 100120983 with Hdfc Bank Limited was fully satisfied on 22 Oct 2019.

    22 Oct 2019

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.00 M with Charge ID 100120983 was registered on 21 Aug 2017.

    21 Aug 2017

  • Charges

    A charge registered on 18 Dec 2015 via Charge ID 10613658 with The Shamrao Vithal Cooperative Bank Limited was fully satisfied on 17 Mar 2017.

    17 Mar 2017

Frequently asked questions

  • Premier Valves And Fittings Private Limited was incorporated on 17 Jun 1994.

  • The authorized share capital of Premier Valves And Fittings Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.52 M.

  • Currently 4 directors are associated with Premier Valves And Fittings Private Limited.

    • Devayatbhai Rambhai Vaghamshi
    • Ashokkumar Devayatbhai Vaghamshi
    • Mahesh Devayatbhai Vaghamshi
    • Hardik Bhagvanbhai Vaghamshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Premier Valves And Fittings Private Limited is 5 Vepari Maha Mandalindl Estate Odhav Kathvada Road India, Ahmedabad, Gujarat, 382415.

  • The corporate identification number (CIN) of Premier Valves And Fittings Private Limited is U29120GJ1994PTC022292 and the company number is 022292 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Premier Valves And Fittings Private Limited is https://www.premier-valves.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Premier Valves And Fittings Private Limited has fallen by -19.32%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Premier Valves And Fittings Private Limited has experienced an upsurge of 10.21%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Premier Valves And Fittings Private Limited amount to ₹ 2.48 Cr.

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

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