About Saurer Premier Technologies Private Limited
Data last updated:
Saurer Premier Technologies Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the special-purpose machinery segment of the industrial manufacturing sector. It was incorporated on 27 October 2015.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U29253MH2015PTC302196. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It was led by directors including Ramachandran Jagadish Chandran and Sridhar Varadaraj.
Its last annual general meeting (AGM) was held on 16 August 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Unit 1002 10th Floor Peninsula Tower Peninsula Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.14 Cr, a decline of 69% compared to the previous year. For the same year it recorded a net loss of ₹2.05 Cr (net margin -179.2%) and EBITDA of -₹1.67 Cr (EBITDA margin -146.6%).
The company had about 1 employee on its provident fund (EPFO) records before it was dissolved.
The last known website on record is saurer.com.
CIN History of Saurer Premier Technologies Private Limited
Saurer Premier Technologies has one previous CIN (Corporate Identification Number): U29253TZ2015PTC021911. The current CIN is U29253MH2015PTC302196, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29253MH2015PTC302196 | Current |
| U29253TZ2015PTC021911 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressUnit 1002 10th Floor Peninsula Tower Peninsula Corporate Park G.K. Marg Lower Parel (, W), Mumbai, Maharashtra, India – 400013
- IndustryIndustrial Manufacturing, Special Purpose Machinery, Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Saurer Premier Technologies Private Limited
The main business activity of Saurer Premier Technologies is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Saurer Premier Technologies Private Limited FY 2018 filings available
Saurer Premier Technologies Private Limited reported revenue of ₹1.14 Cr (down 69% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Saurer Premier Technologies Private Limited
Revenue fell 69% in the latest year. EBITDA fell 197% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Saurer Premier Technologies Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹1.67 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.05 Cr | •••• | •••• |
| 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 of Saurer Premier Technologies Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -146.6% | •••• | •••• |
| Net Profit Margin | -179.2% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Saurer Premier Technologies are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Saurer Premier Technologies Private Limited
Saurer Premier Technologies has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramachandran Jagadish Chandran Also directs: Jagadish Chandran Properties LLP, Coimbatore Twisters LLP, Premier Evolvics Private Limited and 5 more | Director | 07 Nov 2015 | 10 Years 11 Months | As last reported |
| Sridhar Varadaraj Also directs: Ricco Delizio Private Limited | Director | 27 Oct 2015 | 10 Years 11 Months | As last reported |
| Albert Hermann Stitz | Director | 03 Mar 2017 | 9 Years 7 Months | As last reported |
| Vineet Goel | Director | 27 Oct 2015 | 10 Years 11 Months | As last reported |
Peer Comparison of Saurer Premier Technologies Private Limited
Saurer Premier Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Samruddhi Electrical & Engineers Company Private Limited | ₹1.15 Cr (FY 2016) | •••• | •••• | 33.0% | •••• | Bangalore, Karnataka, India |
| Simond Tools Private Limited | ₹1.15 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Jaipur, Rajasthan, India |
| Sukumal Power Technology Private Limited | ₹1.14 Cr (FY 2021) | •••• | •••• | -24.0% | •••• | Udaipur, Rajasthan, India |
| Navbhagya Engineering Private Limited | ₹1.14 Cr (FY 2025) | •••• | •••• | 151.0% | •••• | Pune, Maharashtra, India |
| Rka Engineering Private Limited | ₹1.14 Cr (FY 2023) | •••• | •••• | -6.0% | •••• | Kancheepuram, Tamil Nadu, India |
| Saurer Premier Technologies Private Limited this company | ₹1.14 Cr (FY 2018) | •••• | •••• | -69.0% | •••• | Mumbai, Maharashtra, India |
| Akihira Industries Private Limited | ₹1.14 Cr (FY 2020) | •••• | •••• | -22.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Ewallsys Services Private Limited | ₹1.14 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Vadodara, Gujarat, India |
| Mic Engineers Private Limited | ₹1.14 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Sangli, Maharashtra, India |
| Fluxus Elevators Private Limited | ₹1.14 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Bhopal, Madhya Pradesh, India |
| Karvin Power Systems Private Limited | ₹1.13 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Saurer Premier Technologies by revenue in the same principal business activity (Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Saurer Premier Technologies Private Limited
Saurer Premier Technologies Private Limited is audited by V. SANKAR AIYAR & CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V. SANKAR AIYAR & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Saurer Premier Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Saurer Premier Technologies Private Limited
Saurer Premier Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Saurer Premier Technologies Private Limited
Employment history and EPFO contributions of people linked to Saurer Premier Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Saurer Premier Technologies Private Limited
Saurer Premier Technologies Private Limited has 7 board changes on record since 2015: 4 appointments and 3 cessations. The latest: Albert Hermann Stitz ceased to be Additional Director on 30 Sep 2017.
Credit Ratings, Litigation & Regulatory Alerts for Saurer Premier Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Saurer Premier Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Saurer Premier Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Saurer Premier Technologies Private Limited
Saurer Premier Technologies has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Saurer Premier Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Saurer Premier Technologies Private Limited
Saurer Premier Technologies has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Saurer Premier Technologies was a private limited company based in Mumbai, Maharashtra, India. The company worked in special purpose machinery, within the industrial manufacturing industry. It was incorporated on 27 October 2015 and is registered under CIN U29253MH2015PTC302196. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Saurer Premier Technologies was incorporated on 27 October 2015. It is registered with the Registrar of Companies, Mumbai.
Saurer Premier Technologies had 4 directors:
- Ramachandran Jagadish Chandran - Director
- Sridhar Varadaraj - Director
- Albert Hermann Stitz - Director
- Vineet Goel - Director
The CIN (Corporate Identification Number) of Saurer Premier Technologies is U29253MH2015PTC302196. 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 Saurer Premier Technologies is at Unit 1002 10th Floor Peninsula Tower Peninsula Corporate Park G.K. Marg Lower Parel , W, Mumbai, Maharashtra, India – 400013.
Saurer Premier Technologies can be reached through the website saurer.com. Its registered office is in Mumbai, Maharashtra, India.
Saurer Premier Technologies reported revenue of ₹1.14 Cr for FY 2018 (down 69% YoY).
Saurer Premier Technologies has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr.
Saurer Premier Technologies reported a net loss of ₹2.05 Cr (net margin -179.2%) and EBITDA of -₹1.67 Cr (EBITDA margin -146.6%) for FY 2018, as per its filed financial statements.
No. Saurer Premier Technologies has 2 GST registrations on record and all of them are cancelled or inactive.