Premier'S Tea Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 26 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.00 Cr
- Satisfied Charges ₹ 18.33 Cr
- Revenue Growth 29.05%
- Profit Growth 211.13%
- Ebitda 488.86%
- Net Worth 10.12%
- Total Assets 0.25%
About Premier'S Tea
Premier's Tea Limited (PTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 October 1998 and has a history of 26 years and six months. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as Premier's Tea India Limited. The Company is engaged in the Agriculture 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.
The company currently has active open charges totaling ₹3.00 Cr. The company has closed loans amounting to ₹18.33 Cr, as per Ministry of Corporate Affairs (MCA) records.
Indrani Shah, Preeti Shah, Chayan Shah, and One other member serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U15491WB1998PLC088130
- Company No.
088130
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Oct 1998
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Agriculture
What products or services does Premier's Tea Limited offer?
Premier'S Tea Limited offers a wide range of products and services, including Tea & Coffee, Black Tea, Fruit Tea, Tea Premix, Tea Bags, Herbal Tea, Flavored Tea, Food Storage Boxes & Containers, Kitchen Containers.
Premier's Tea Limited
Explore comprehensive data for Premier's Tea Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Premier'S Tea?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chayan Shah  | Managing Director | 20-Oct-1998 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Indrani Shah | Whole-Time Director | 09-Jul-2003 | Current |
| Preeti Shah | Whole-Time Director | 29-Feb-2016 | Current |
| Hasmukh Shah | Whole-Time Director | 20-Oct-1998 | Current |
Financial Performance of Premier'S Tea.
Premier'S Tea Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 29.05% increase. The company also saw a substantial improvement in profitability, with a 211.13% increase in profit. The company's net worth Soared by an impressive increase of 10.12%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Premier'S Tea?
In 2022, Premier'S Tea had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Premier Uwork Digital Private LimitedChayan Shah and Hasmukh Shah are mutual person
Charges (Loans)
Open Charges
₹3.00 Cr
Satisfied Charges
₹18.33 Cr
Charges Breakdown by Lending Institutions
- Others : 3.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jul 2020 | Others | ₹3.00 Cr | Open |
| 24 Jan 2019 | Hdfc Bank Limited | ₹3.50 Cr | Satisfied |
| 26 May 2015 | Bank Of Baroda | ₹1.83 Cr | Satisfied |
| 07 Dec 2011 | Others | ₹4.00 Cr | Satisfied |
| 20 Feb 2006 | Oriental Bank Of Commerce | ₹9.00 Cr | Satisfied |
How Many Employees Work at Premier'S Tea?
Premier'S Tea has a workforce of 44 employees as of Apr 05, 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'S Tea, 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'S Tea'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'S Tea
Recent activity within the organization
- Annual General Meeting
Premier'S Tea Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Premier'S Tea Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
- Charges
A charge with Others of Rs. 3.00 Cr registered on 10 Jul 2020 with Charge ID 100363711 was modified on 27 Jun 2023.
- Charges
A charge registered on 24 Jan 2019 via Charge ID 100247932 with Hdfc Bank Limited was fully satisfied on 07 Aug 2020.
- Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100363711 was registered on 10 Jul 2020.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.50 Cr with Charge ID 100247932 was registered on 24 Jan 2019.
Frequently asked questions
What is the Incorporation or founding date of Premier'S Tea Limited?
Premier'S Tea Limited was incorporated on 20 Oct 1998.
What is authorized share capital and paid-up capital of Premier'S Tea Limited?
The authorized share capital of Premier'S Tea Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.
Who are the current board members & directors of Premier'S Tea Limited?
Currently 4 directors are associated with Premier'S Tea Limited.
- Indrani Hasmukh Shah
- Preeti Chayan Shah
- Chayan Hasmukh Shah
- Hasmukh Amritlal Shah
What is the registered address of Premier'S Tea Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Premier'S Tea Limited is P-52, Hide Road India, Kolkata, West Bengal, 700088.
What is the corporate identification number (CIN) and company number of Premier'S Tea Limited?
The corporate identification number (CIN) of Premier'S Tea Limited is U15491WB1998PLC088130 and the company number is 088130 as per Ministry of Corporate Affairs (MCA).
What is the official website of Premier'S Tea Limited?
The Official website of Premier'S Tea Limited is https://www.premiertea.in
What has been the recent revenue trend for Premier'S Tea Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Premier'S Tea Limited has risen by 29.05%.
How many employees does Premier'S Tea Limited currently have?
As Per 2022 financial reports, 44 employees are currently employed by Premier'S Tea Limited.
What change has been observed in the net worth of Premier'S Tea Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Premier'S Tea Limited has experienced an upsurge of 10.12%.
What are the total open charges for Premier'S Tea Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Premier'S Tea Limited amount to ₹ 3.00 Cr.
When was the last Balance Sheet of Premier'S Tea Limited filed with the ROC?
The most recent Balance Sheet for Premier'S Tea Limited was filed with the ROC on 31 Mar 2024.
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