Premier (India) Bearings Limited - Company Profile

It is a engineering public limited company based in Kolkata, West Bengal, India, established in 1988.
1988 Kolkata, West Bengal, India Active
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About Premier (India) Bearings Limited

Premier (India) Bearings Limited, a active public limited company, was established on 03 October 1988 in Kolkata, West Bengal, India. Engaging in engineering components retail & distribution within the trade sector, it holds CIN: U27109WB1988PLC045316. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹6.00 Cr and a paid-up capital of ₹5.85 Cr.

Formerly known as Premier India Bearings Pvt Ltd, Premier (India) Bearings Limited. It upholds a compliant status. Employing 56 professional, Its leadership includes Chain Roop Chindalia (Director), Surendra Kumar Choraria (Director), Vijaya Kumar Sethia (Director). Past directors included Laxmi Devi Chindalia, Santosh Choraria. It holds ₹39.66 Cr open charges and ₹36.74 Cr settled loans. Its latest AGM occurred on 28 September 2024, with the balance sheet filed on 31 March 2024. It is based at 1407, Diamond Heritage 16 Strand Road, Kolkata, West Bengal, 700001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U27109WB1988PLC045316

  • Registration Number

    045316

  • Incorporation Date

    03 October 1988

  • Authorized Capital

    ₹6.00 Cr

  • Paid-Up Capital

    ₹5.85 Cr

  • ROC Code

    Roc Kolkata

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.85 Cr
  • Company Age 37 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 39.66 Cr
  • Satisfied Charges ₹ 36.74 Cr
  • Revenue Growth **** 5.40%
  • Profit Growth **** 10.18%
  • Ebitda **** 6.78%
  • Net Worth 13.12%
  • Total Assets **** 17.08%
Company report

Premier (India) Bearings Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Premier (India) Bearings Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Premier (India) Bearings Limited?
Current Directors
Name Designation Appointment Date Status
Chain Roop Chindalia Director 27 Apr 1989 Current
Surendra Kumar Choraria Director 30 Jan 1989 Current
Vijaya Kumar Sethia Director 27 Apr 1989 Current
Om Prakash Sharma Director 13 Jun 2018 Current
Sulekha Dutta Director 13 Jun 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Apr 2008 Past
Pramod Abcsdd Director 01 Apr 2008 Past

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Financial Performance of Premier (India) Bearings.

Premier India Bearings Ltd, for the financial year ended 2024, experienced modest growth in revenue, with a 5.4% increase. The company also saw a substantial improvement in profitability, with a 10.18% increase in profit. The company's net worth Soared by an impressive increase of 13.12%.

Premier (India) Bearings revenue growth over time
Premier (India) Bearings profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 5.40%
*******
*******
*******
*******
Revenue from Operations
*******
 5.54%
*******
*******
*******
*******
Total Assets
*******
 17.08%
*******
*******
*******
*******
Profit or Loss
*******
 10.18%
*******
*******
*******
*******
Net Worth
*******
 13.12%
*******
*******
*******
*******
EBITDA
*******
 6.78%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Premier (India) Bearings?

In 2023, Premier (India) Bearings had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹396,552,913.00

Satisfied Charges

₹367,441,080.00

Charges Breakdown by Lending Institutions
  • Bank Of Baroda : 31.85 Cr
  • Others : 7.63 Cr
  • Hdfc Bank Limited : 0.18 Cr
Latest Charge Details
Date Lender Amount Status
31 Oct 2025 Others ₹5.00 Cr Open
30 Mar 2023 Others ₹1.70 M Open
28 Dec 2020 Hdfc Bank Limited ₹1.75 M Open
31 Jul 2017 Others ₹2.46 Cr Open
20 Jun 2003 Bank Of Baroda ₹24.85 Cr Open

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How Many Employees Work at Premier (India) Bearings?

Premier (India) Bearings has a workforce of 56 employees as of Jan 25, 2025. 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.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Premier (India) Bearings, 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 Premier (India) Bearings'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.

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Latest Updates, News, and FAQs on Premier (India) Bearings
Recent Activity within the Organization
  • Charges

    The activity A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101185468 was registered on 31 Oct 2025. was completed.

  • Annual General Meeting

    Premier (India) Bearings Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Charges

    A charge registered on 09 Feb 2021 via Charge ID 100417322 with Others was fully satisfied on 24 Sep 2024. was recorded as a recent event.

  • Balance Sheet

    Premier (India) Bearings Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 31 Jul 2020 via Charge ID 100389686 with Axis Bank Limited was fully satisfied on 23 Feb 2024. was documented.

  • Charges

    A charge registered on 31 Aug 2016 via Charge ID 100055354 with Axis Bank Limited was fully satisfied on 19 Feb 2024. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Premier (India) Bearings Limited?

The CIN of Premier (India) Bearings Limited is U27109WB1988PLC045316.

Where is Premier (India) Bearings Limited headquartered?

Premier (India) Bearings Limited is headquartered at 1407, Diamond Heritage 16 Strand Road, Kolkata, West Bengal, 700001.

When was Premier (India) Bearings Limited incorporated?

Premier (India) Bearings Limited was incorporated on 03 October 1988.

Who are the current directors of Premier (India) Bearings Limited?

The current directors of Premier (India) Bearings Limited are

What is the primary industry of Premier (India) Bearings Limited?

The primary industry of Premier (India) Bearings Limited is Trade.

Is Premier (India) Bearings Limited a listed company?

Premier (India) Bearings Limited is unlisted.

What is the capital structure of Premier (India) Bearings Limited?

The authorized capital of Premier (India) Bearings Limited is ₹6.00 Cr, and the paid-up capital is ₹5.85 Cr.

What is the compliance status of Premier (India) Bearings Limited?

The compliance status of Premier (India) Bearings Limited is Compliant.

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