Premium Transmission Private Limited

Manufacturer of industrial gears and gearboxes for various industries, with multiple facilities in India.

1983 | Pune, Maharashtra (India) | Active
Last Updated: July 06, 2024

Premium Transmission Profile

Key Indicators

  • Authorised Capital ₹ 135.50 Cr
  • Paid Up Capital ₹ 112.50 Cr
  • Company Age 41 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 187.12 Cr
  • Satisfied Charges ₹ 188.81 Cr
  • Revenue Growth 24.10%
  • Profit Growth 108.27%
  • Ebitda 68.25%
  • Net Worth 18.23%
  • Total Assets 8.93%

About Premium Transmission

Premium Transmission Private Limited (PTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 April 1983 and has a history of 41 years and nine months. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Premium Transmission Limited. 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 135.50 Cr and a paid-up capital of Rs 112.50 Cr.

The company currently has active open charges totaling ₹187.12 Cr. The company has closed loans amounting to ₹188.81 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Premium Transmission Private Limited India are Nisha Sakaria as COMPANY SECRETARY and Utkarsh Sanghi as Cfo. Karan Thapar, Raja Venkataraman, Firdose Vandrevala, and Four other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U01119PN1983PTC133199

  • Company No.

    133199

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Apr 1983

  • Date of AGM

    06 Jun 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

What products or services does Premium Transmission Private Limited offer?

Premium Transmission Private Limited offers a wide range of products and services, including Power Transmission Tools & Couplings, Mechanical Drives, Electric Motors and Components, Gear Motor, Gearbox, Axle, Sprocket & Gear Parts, Industrial Gearboxes, Industrial & Engineering Goods, Couplings, PCB Connectors, SM Connector.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Neeraj Bisaria Country flag representing In Managing Director20-Apr-2018Current
Nisha Sakaria Country flag representing In Company Secretary04-Mar-2016Current
Utkarsh Sanghi CFOCurrent

Board Members (6)

NameDesignationAppointment DateStatus
Raja Venkataraman Country flag representing In Director 06-Nov-2019Current
Matangi Gowrishankar Country flag representing In Director 02-Nov-2018Current
Firdose Vandrevala Country flag representing In Director 09-Aug-2019Current
Karan Thapar Country flag representing In Director 19-Jan-2008Current
Jehangir Ardeshir Country flag representing In Director 27-Oct-2021Current
Shefali Suri Country flag representing In Director 10-May-2023Current

Financial Performance of Premium Transmission.

Premium Transmission Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.1% increase. The company also saw a substantial improvement in profitability, with a 108.27% increase in profit. The company's net worth Soared by an impressive increase of 18.23%.

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
24.10%
Revenue from Operations
24.07%
Total Assets
8.93%
Profit or Loss
108.27%
Net Worth
18.23%
EBITDA
68.25%

What is the Ownership and Shareholding Structure of Premium Transmission?

In 2022, Premium Transmission had a promoter holding of 70.56% and a public holding of 29.44%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹187.12 Cr

Satisfied Charges

₹188.81 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 74.02 Cr
  • Others : 38.00 Cr
  • Hdfc Bank Limited : 25.00 Cr
  • State Bank Of India : 20.10 Cr
  • Citi Bank N.A. : 15.00 Cr
  • Others : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
15 Nov 2019Citi Bank N.A.₹15.00 CrOpen
22 Apr 2015Hdfc Bank Limited₹25.00 CrOpen
08 Jul 2011Axis Bank Limited₹34.02 CrOpen
28 Jan 2009Axis Bank Ltd Jm Road Branch₹7.50 CrOpen
21 Jan 2009State Bank Of India₹20.10 CrOpen

How Many Employees Work at Premium Transmission?

Premium Transmission has a workforce of 771 employees as of Apr 03, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Premium Transmission, 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 Transmission'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 Premium Transmission

Recent activity within the organization

  • Annual General Meeting

    Premium Transmission Private Limited last Annual general meeting of members was held on 06 Jun 2023 as per latest MCA records.

    06 Jun 2023

  • Charges

    A charge registered on 15 Nov 2019 via Charge ID 100304363 with Citi Bank N.A. was fully satisfied on 16 May 2023.

    16 May 2023

  • Director Appointment

    Shefali Bairaria Suri was appointed as a Director was appointed as a Director on 10 May 2023 & has been associated with this company since 1 year 9 months .

    10 May 2023

  • Balance Sheet

    Premium Transmission Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge registered on 06 Feb 2018 via Charge ID 100157294 with Axis Bank Limited was fully satisfied on 31 Jan 2022.

    31 Jan 2022

  • Charges

    A charge with Citi Bank N.A. of Rs. 25.00 Cr registered on 15 Nov 2019 with Charge ID 100304363 was modified on 11 Jan 2022.

    11 Jan 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Premium Transmission Private Limited was incorporated on 26 Apr 1983.

  • The authorized share capital of Premium Transmission Private Limited is ₹ 135.50 Cr and paid-up capital is ₹ 112.50 Cr.

  • Currently 9 directors are associated with Premium Transmission Private Limited.

    • Karan Thapar
    • Raja Venkataraman
    • Firdose Vandrevala
    • Matangi Gowrishankar
    • Jehangir Ardeshir
    • Neeraj Bisaria
    • Shefali Bairaria Suri
    • Nisha Amit Sakaria
    • Utkarsh Sanghi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Premium Transmission Private Limited is Premium House, Mumbai Pune Road Chinchwad, Maharashtra, India, 411019.

  • The corporate identification number (CIN) of Premium Transmission Private Limited is U01119PN1983PTC133199 and the company number is 133199 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Premium Transmission Private Limited has risen by 24.10%.

  • As Per 2023 financial reports, 771 employees are currently employed by Premium Transmission Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Premium Transmission Private Limited has experienced an upsurge of 18.23%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Premium Transmission Private Limited amount to ₹ 187.12 Cr.

  • The most recent Balance Sheet for Premium Transmission Private Limited was filed with the ROC on 31 Mar 2023.

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