About Premier Services Limited
Data last updated:
Premier Services Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the investment banking and advisory segment of the financial services sector. It was incorporated on 20 March 1998.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U60221MH1998PLC301788. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹6 Cr and a paid-up capital of ₹1.9 Cr. It was led by directors including Rajesh Ramkala Gupta and Suresh Ramkala Gupta.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 405/404 Prestige Chambers Kalyan Street Masjid (E), Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2017, the company reported a revenue of ₹75,221, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹50.2 Lakh and EBITDA of -₹10.38 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 79% over three years.
Its group structure included 6 subsidiaries.
Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The last known website on record is premierservicesonline.org.
Company details
CIN history
Premier Services has one previous CIN (Corporate Identification Number): U60221WB1998PLC086796. The current CIN is U60221MH1998PLC301788, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U60221MH1998PLC301788 | Current |
| U60221WB1998PLC086796 | Previous |
Contact details
Premier Services Limited's registered office is in Mumbai, Maharashtra. Its website is premierservicesonline.org. Its e-mail address is in the company report.
- Email
- Website
- Registered Address405/404 Prestige Chambers Kalyan Street Masjid (E), Mumbai, Maharashtra, India – 400009
- IndustryFinancial Services, Investment Banking & Advisory
To see the full contact details of Premier Services 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
Financials of Premier Services Limited
FY 2019 filings availablePremier Services Limited reported revenue of ₹75,221 (down 88% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 79% over three years, including a 88% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹75,221 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹10.38 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹50.2 Lakh | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| 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 Services Limited, buy the company report.
Board of directors of Premier Services Limited
Premier Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Ramkala Gupta | Director | 20 Mar 1998 | 28 Years 7 Months | As last reported |
| Naresh Ramkala Gupta Also directs: Premier Global Logistics Limited, Premier Transport Limited | Additional Director | 03 May 2012 | 14 Years 5 Months | As last reported |
| Suresh Ramkala Gupta Also directs: Premier Global Logistics Limited, Premier Transport Limited | Director | 20 Mar 1998 | 28 Years 7 Months | As last reported |
Auditor
Premier Services Limited is audited by M R SINGHWI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M R SINGHWI & CO | FY 2017 | 312121E |
Shareholding
The shareholding of Premier Services Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Premier Services Limited, buy the company report.
Legal cases
Premier Services Limited has 3 court cases on record: 2 filed by Premier Services, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Indiabulls Housing Finance Ltd | Disposed |
| High Court | Appeal | Filed by the company | Disposed |
| High Court | Company petition | Filed by the company | Disposed |
To see the full case history of Premier Services Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Premier Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Premier Services has 6 subsidiary companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Premier Global Logistics Limited | U61200MH1997PLC107987 | |
| Premier Global Logistics Limited | U61200MH1997PLC107987 | |
| Premier Transport Limited | U63011MH1991PLC060658 | |
| Premier Transport Limited | U63011MH1991PLC060658 | |
| Premier Global Holdings Private Limited | U70102MH2012PTC229478 | |
| Premier Global Holdings Private Limited | U70102MH2012PTC229478 |
To see the full group structure of Premier Services Limited, buy the company report.
GST
Premier Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Premier Services Limited, buy the company report.
Recent activity
Premier Services Limited has 4 board changes on record since 1998: 3 appointments and 1 cessation. The latest: Naresh Ramkala Gupta was appointed as Additional Director on 03 May 2012.
Frequently asked questions
Premier Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Premier Services was a public limited company based in Mumbai, Maharashtra, India. The company worked in investment banking and advisory, within the financial services industry. It was incorporated on 20 March 1998 and is registered under CIN U60221MH1998PLC301788. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Premier Services was incorporated on 20 March 1998. It is registered with the Registrar of Companies, Mumbai.
Premier Services had 3 directors:
- Rajesh Ramkala Gupta - Director
- Naresh Ramkala Gupta - Additional Director
- Suresh Ramkala Gupta - Director
The CIN (Corporate Identification Number) of Premier Services is U60221MH1998PLC301788. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Premier Services is at 405404 Prestige Chambers Kalyan Street Masjid E, Mumbai, Maharashtra, India – 400009.
Premier Services can be reached through the website premierservicesonline.org. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Premier Services on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Premier Services has 1 GST registration on record and it is cancelled or inactive.
Premier Services operated in the financial services industry, in the investment banking and advisory segment.