About
Basic Data Updated:
2 days agoPremier Explosives Limited is involved in the production and distribution of industrial explosives, including bulk explosives, detonators, detonating fuses, and packaged explosives. The company's main focus is on serving domestic clients such as Coal India Limited, Neyveli Lignite Corporation Limited, Hutti Gold Mines Limited, and The Singareni Collieries Company Limited. Additionally, PEL is responsible for the design, development, and manufacturing of solid propellants for the Indian defense sector. The company also provides operation and maintenance services for solid propellant plants at the Sriharikota Center of Indian Space Research Organization (ISRO) and the Solid Fuel Complex in Jagdalpur, Chhattisgarh. PEL has a total of six offices located in Nagpur (Maharashtra), Bilaspur (Chh... Read More
Industry
Company Details
- Location
Hyderabad, Telangana, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
Products or Services related to Premier Explosives Limited
Financials of Premier Explosives Limited
Premier Explosives Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.57% increase. The company also saw a substantial improvement in profitability, with a 18.95% increase in profit. The company's net worth moved up by a moderate rise of 2.64%.
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Corporate Structure
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People in Premier Explosives Limited
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Executive Team (3)
TC
Tripuraneni Chowdary Managing DirectorAppointment Date: 31-Aug-2005
Status: Current
SP
Srihari Pakalapati CFOAppointment Date: 24-May-2021
Status: Current
JK
Jhansi Kalakota Company SecretaryAppointment Date: 11-Sep-2020
Status: Current
Board Members(9)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Others Creation Date: 15 Sep 2023 | ₹20.00 Cr | Open |
Hdfc Bank Limited Creation Date: 16 Mar 2021 | ₹5.37 Cr | Open |
Yes Bank Limited Creation Date: 18 Nov 2016 | ₹123.10 Cr | Open |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
Pelnext Defence Systems Private Limited
Active 7 years 9 monthsAmarnath Gupta and Tripuraneni Chowdary are mutual person
Premier Wire Products Limited
Active 16 years 7 monthsKailash Gupta, Tripuraneni Chowdary and 1 more are mutual person
Minman Consultancy Services Private Limited
Active 20 years 5 monthsPrabhakar Tripathi is a mutual person
Recent activity within the organization
Annual General Meeting
Premier Explosives Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
29 Sep 2023Charges
A charge with Others amounted to Rs. 20.00 cr with Charge ID 100787857 was registered on 15 Sep 2023.
15 Sep 2023Charges
A charge with Yes Bank Limited of Rs. 123.10 cr registered on 18 Nov 2016 with Charge ID 100072661 was modified on 06 Sep 2023.
06 Sep 2023Charges
A charge registered on 08 Aug 2016 via Charge ID 100055402 with Hdfc Bank Limited was fully satisfied on 17 Jun 2023.
17 Jun 2023Charges
A charge with Hdfc Bank Limited of Rs. 30.00 cr registered on 29 Jul 2009 with Charge ID 10171339 was modified on 17 May 2023.
17 May 2023
Recent News, Updates & Announcement
- Premier Explosives Advances On Bagging Order From Vikram Sarabhai Space Centre.
Udaipurkiran 11 Sep 2019
- Premier Explosives Receives Arms License From Dipp.
Udaipurkiran 11 Nov 2018
- Premier Explosives receives supply order from IAI.
Udaipurkiran 06 Nov 2018
- Premier Explosives bags order from Solid fuel Complex Jagdalpur.
Business Standard 31 Oct 2018
- Premier Explosives gets Arms license to manufacture Ammonium Perchlorate.
Udaipurkiran 26 Oct 2018
Frequently asked questions
What is the Incorporation or founding date of Premier Explosives Limited?