About Premier Mercantiles Limited
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Premier Mercantiles Limited is a public limited company based in Kanpur, Uttar Pradesh, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 15 December 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN L51109UP1983PLC006353. It is a listed company as per MCA records.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Chandrabhan Gupta and Hanuman Pal.
Its last annual general meeting (AGM) was held on 29 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 120/641 Narain Purwa Lajpat Nagar, Kanpur, Uttar Pradesh, India – 208005.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.5 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2,914 (net margin -1.9%) and EBITDA of -₹2,914 (EBITDA margin -1.9%).
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website premiermercantiles.in.
Company details
CIN history
Premier Mercantiles has one previous CIN (Corporate Identification Number): U51109UP1983PLC006353. The current CIN is L51109UP1983PLC006353, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51109UP1983PLC006353 | Current |
| U51109UP1983PLC006353 | Previous |
Contact details
Premier Mercantiles Limited's registered office is in Kanpur, Uttar Pradesh. Its website is premiermercantiles.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address120/641 Narain Purwa Lajpat Nagar, Kanpur, Uttar Pradesh, India – 208005
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Premier Mercantiles Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Premier Mercantiles is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Premier Mercantiles Limited, buy the company report.
Financials of Premier Mercantiles Limited
FY 2015 filings availablePremier Mercantiles Limited reported revenue of ₹1.5 Lakh (up 227% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 227% in the latest year. EBITDA fell 141% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹1.5 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹2,914 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹2,914 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -1.9% | |
| Net Profit Margin | -1.9% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Premier Mercantiles Limited, buy the company report.
Board of directors and KMP of Premier Mercantiles Limited
Premier Mercantiles Limited currently reports 2 directors and 1 key managerial person. 8 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrabhan Gupta | Director | 15 Dec 1983 | 42 Years 11 Months | Current |
| Hanuman Pal | Director | 18 Oct 2013 | 13 Years 0 Months | Current |
| Sonu Kumar | Cfo | 30 Mar 2015 | 11 Years 7 Months | Current |
Auditor
Premier Mercantiles Limited is audited by SAMEER KOCHAR & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAMEER KOCHAR & CO | FY 2016 | 005126C |
Shareholding
The shareholding of Premier Mercantiles Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Premier Mercantiles Limited, buy the company report.
Legal cases
No court or tribunal cases involving Premier Mercantiles Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Premier Mercantiles Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Premier Mercantiles Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Premier Mercantiles Limited has 20 board changes on record since 1983: 11 appointments and 9 cessations. The latest: Rekha Bhandari ceased to be Director on 19 Sep 2020.
11 earlier events are in the company report.
Frequently asked questions
Premier Mercantiles is an active public limited company based in Kanpur, Uttar Pradesh, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 15 December 1983 (43+ years old) and is registered under CIN L51109UP1983PLC006353.
Premier Mercantiles has 3 current directors and KMP:
- Chandrabhan Gupta - Director
- Hanuman Pal - Director
- Sonu Kumar - Cfo
The latest financial statements of Premier Mercantiles on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 29 September 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Premier Mercantiles is L51109UP1983PLC006353. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Premier Mercantiles is a listed company as per MCA records.
Premier Mercantiles was incorporated on 15 December 1983, making it 43+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Rekha Bhandari ceased to be Director on 19 Sep 2020. Anjaneekumar ceased to be Director on 28 Mar 2019. Dharmendra Gupta ceased to be Director on 30 May 2017. Premier Mercantiles has 20 board changes on record in total.
Premier Mercantiles can be reached through the website premiermercantiles.in. Its registered office is in Kanpur, Uttar Pradesh, India.
The registered office of Premier Mercantiles is at 120641 Narain Purwa Lajpat Nagar, Kanpur, Uttar Pradesh, India – 208005.
Premier Mercantiles operates in the home and lifestyle industry, in the textile retail and distribution segment.
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