Premium Motion Private Limited logo

Premium Motion Private Limited

Designs and manufactures motion enablers for renewable energy industries.
2021 | Pune, Maharashtra (India) | Active

Last Updated:

November 16, 2024
HomeCompanyPremium Motion Private Limited

Who are the key members and board of directors at Premium Motion?

Executive Team (1)

NameDesignationAppointment DateStatus
Anup MateCompany Secretary01-May-2021Current

Board Members(4)

NameDesignationAppointment DateStatus
Rakesh Bhartia In Director 14-Jun-2022Current
Raja Venkataraman In Director 14-Jun-2022Current
Matangi Gowrishankar In Director 28-Jan-2021Current
Neeraj Bisaria In Director 28-Jan-2021Current

Financial Performance and Corporate Structure Insights 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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
6.54%
Revenue from Operations
9.64%
Total Assets
6.46%
Profit or Loss
153.01%
Net Worth
54.38%
EBITDA
276.93%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹61.50 Cr

₹10.00 Cr

LenderAmountStatus

Others

Creation Date: 26 Jun 2024
₹31.50 CrOpen

Others

Creation Date: 26 Jun 2024
₹20.00 CrOpen

Citi Bank N.A.

Creation Date: 25 Nov 2021
₹10.00 CrOpen

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.

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Latest Updates, News, and FAQs on Premium Motion

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 31.50 Cr with Charge ID 100946007 was registered on 26 Jun 2024.

    26 Jun 2024

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100946009 was registered on 26 Jun 2024.

    26 Jun 2024

  • Annual General Meeting

    Premium Motion Private Limited last Annual general meeting of members was held on 17 Jun 2024 as per latest MCA records.

    17 Jun 2024

  • Balance Sheet

    Premium Motion Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge registered on 31 Mar 2023 via Charge ID 100708518 with Others was fully satisfied on 01 Dec 2023.

    01 Dec 2023

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100708518 was registered on 31 Mar 2023.

    31 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Premium Motion Private Limited was incorporated on 28 Jan 2021.

  • The authorized share capital of Premium Motion Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 5 directors are associated with Premium Motion Private Limited.

    • Raja Venkataraman
    • Rakesh Bhartia
    • Matangi Gowrishankar
    • Neeraj Bisaria
    • Anup Manohar Mate
  • As per Ministry of Corporate Affairs (Mca), the registered address of Premium Motion Private Limited is C/O Premium Transmission Private Limited House Mumbai Road, Chinchwad India, Pune, Maharashtra, 411019.

  • The corporate identification number (CIN) of Premium Motion Private Limited is U29309PN2021PTC198125 and the company number is 198125 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Premium Motion Private Limited is https://www.premium-transmission.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Premium Motion Private Limited has risen by 6.54%.

  • As Per 2024 financial reports, 45 employees are currently employed by Premium Motion Private Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Premium Motion Private Limited has experienced an upsurge of 54.38%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Premium Motion Private Limited amount to ₹ 61.50 Cr.

  • The most recent Balance Sheet for Premium Motion Private Limited was filed with the ROC on 31 Mar 2024.

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