Premium Motion Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 4 Year, 25 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 61.50 Cr
- Satisfied Charges ₹ 10.00 Cr
- Revenue Growth 6.54%
- Profit Growth 153.01%
- Ebitda 276.93%
- Net Worth 54.38%
- Total Assets 6.46%
About Premium Motion
Premium Motion Private Limited (PMPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 January 2021 (Four years 25 days old ). Its registered office is in Pune, Maharashtra, India.
The Company is engaged in the Energy And Power 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 ₹61.50 Cr. The company has closed loans amounting to ₹10.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Premium Motion Private Limited India is Anup Mate as COMPANY SECRETARY. Raja Venkataraman, Rakesh Bhartia, Matangi Gowrishankar, and One other member serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29309PN2021PTC198125
- Company No.
198125
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Jan 2021
- Date of AGM
17 Jun 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Who are the key members and board of directors at Premium Motion?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anup Mate | Company Secretary | 01-May-2021 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rakesh Bhartia  | Director | 14-Jun-2022 | Current |
| Raja Venkataraman | Director | 14-Jun-2022 | Current |
| Matangi Gowrishankar | Director | 28-Jan-2021 | Current |
| Neeraj Bisaria | Director | 28-Jan-2021 | Current |
Financial Performance of Premium Motion.
Premium Motion Private Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 6.54% increase. The company also saw a substantial improvement in profitability, with a 153.01% increase in profit. The company's net worth Soared by an impressive increase of 54.38%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Premium Motion?
In 2023, Premium Motion 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)
Gujarat Pipavav Port LimitedMatangi Gowrishankar is a mutual person
Greaves Electric Mobility Private LimitedRaja Venkataraman is a mutual person
Aravali Securities And Finance LimitedRakesh Bhartia is a mutual person
Cde Asia LimitedRaja Venkataraman is a mutual person
Greenlam Industries LimitedMatangi Gowrishankar is a mutual person
Anudip Foundation For Social WelfareMatangi Gowrishankar is a mutual person
Charges (Loans)
₹61.50 Cr
₹10.00 Cr
Charges Breakdown by Lending Institutions
- Others : 51.50 Cr
- Citi Bank N.A. : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Jun 2024 | Others | ₹31.50 Cr | Open |
| 26 Jun 2024 | Others | ₹20.00 Cr | Open |
| 25 Nov 2021 | Citi Bank N.A. | ₹10.00 Cr | Open |
| 31 Mar 2023 | Others | ₹10.00 Cr | Satisfied |
How Many Employees Work at Premium Motion?
Premium Motion has a workforce of 45 employees as of Mar 30, 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 Premium Motion, 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 Premium Motion'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.
