Premium Motion Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 4 Year, 1 Month
- 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 and one month 20 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
Energy and Power
Premium Motion Private Limited
Explore comprehensive data for Premium Motion Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
- Ratios
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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)
Open Charges
₹61.50 Cr
Satisfied Charges
₹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.
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.
- Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100946009 was registered on 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.
- Balance Sheet
Premium Motion Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
- Charges
A charge registered on 31 Mar 2023 via Charge ID 100708518 with Others was fully satisfied on 01 Dec 2023.
- Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100708518 was registered on 31 Mar 2023.
Recent News, Updates & Announcement
Premium Transmission opens service centre in Pune.By the end of FY'20, the company has plans to expand the centres in Bhubaneshwar and Coimbatore regions as well. .
- Premium Transmission to open new Development Centre in Kolkata.
The company generates 20% of its total revenue from the Eastern market and this centre, being the first one in this region, has a good potential to grow..
Frequently asked questions
What is the Incorporation or founding date of Premium Motion Private Limited?
Premium Motion Private Limited was incorporated on 28 Jan 2021.
What is authorized share capital and paid-up capital of Premium Motion Private Limited?
The authorized share capital of Premium Motion Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.
Who are the current board members & directors of Premium Motion Private Limited?
Currently 5 directors are associated with Premium Motion Private Limited.
- Raja Venkataraman
- Rakesh Bhartia
- Matangi Gowrishankar
- Neeraj Bisaria
- Anup Manohar Mate
What is the registered address of Premium Motion Private Limited?
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.
What is the corporate identification number (CIN) and company number of Premium Motion Private Limited?
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).
What is the official website of Premium Motion Private Limited?
The Official website of Premium Motion Private Limited is https://www.premium-transmission.com
What has been the recent revenue trend for Premium Motion Private Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Premium Motion Private Limited has risen by 6.54%.
How many employees does Premium Motion Private Limited currently have?
As Per 2024 financial reports, 45 employees are currently employed by Premium Motion Private Limited.
What change has been observed in the net worth of Premium Motion Private Limited, and by what percentage?
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%.
What are the total open charges for Premium Motion Private Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Premium Motion Private Limited amount to ₹ 61.50 Cr.
When was the last Balance Sheet of Premium Motion Private Limited filed with the ROC?
The most recent Balance Sheet for Premium Motion Private Limited was filed with the ROC on 31 Mar 2024.
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