About Premier IT Solutions India Private Limited
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Premier IT Solutions India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 23 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2010PTC052660. Its GSTIN is 29AAFCP3592E1Z7 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹28.4 Lakh. It is led by directors Kamlesh Jain and Arun Kumar Jain.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at F6 No. 1091 First Floor O.T.C Road Nagarthapete, Bangalore, Karnataka, India – 560002.
As per the financials filed for FY 2025, the company reported a revenue of ₹210.43 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹76.48 Lakh (net margin 0.4%) and EBITDA of ₹5.6 Cr (EBITDA margin 2.7%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 4% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹109.5 Cr and satisfied charges of ₹68.3 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website premieritsolutions.co.in.
Company details
Contact details
Premier IT Solutions India Private Limited's registered office is in Bangalore, Karnataka. Its website is premieritsolutions.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressF6 No. 1091 First Floor O.T.C Road Nagarthapete, Bangalore, Karnataka, India – 560002
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Premier IT Solutions India Private 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 IT Solutions India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Premier IT Solutions India Private Limited, buy the company report.
Financials of Premier IT Solutions India Private Limited
FY 2025 filings availablePremier IT Solutions India Private Limited reported revenue of ₹210.43 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 1% fall in the latest year. EBITDA fell 13% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹5.6 Cr | ||||
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| Net Profit (PAT) | ₹76.48 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Premier IT Solutions India Private Limited, buy the company report.
Board of directors of Premier IT Solutions India Private Limited
Premier IT Solutions India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamlesh Jain Also directs: Premier IT Retail India Private Limited | Director | 23 Feb 2010 | 16 Years 8 Months | Current |
| Arun Kumar Jain | Director | 23 Feb 2010 | 16 Years 8 Months | Current |
Peer comparison
Premier IT Solutions India Private Limited is compared with the 6 companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Netlab Solutions (India) Private Limited | ₹219.1 Cr (FY 2025) | 15.0% | New Delhi, Delhi, India | |||
| Bhagwati Computronics Private Limited | ₹212.61 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Premier IT Solutions India Private Limitedthis company | ₹210.43 Cr (FY 2025) | ₹76.48 Lakh | 0.4% | -1.0% | 16 | Bangalore, Karnataka, India |
| Hexagon Metrology India Private Limited | ₹209.42 Cr (FY 2025) | 18.0% | Delhi, India | |||
| Toyota Tsusho Nexty Electronics India Private Limited | ₹209.4 Cr (FY 2025) | 43.0% | Noida, Uttar Pradesh, India | |||
| PVR Systems Private Limited | ₹207.56 Cr (FY 2025) | 23.0% | Delhi, India | |||
| Technosys Integrated Solutions Private Limited | ₹206.66 Cr (FY 2024) | -11.0% | New Delhi, Delhi, India |
To see the full peer comparison of Premier IT Solutions India Private Limited, buy the company report.
Shareholding
The shareholding of Premier IT Solutions India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Premier IT Solutions India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jul 2023 | 100762064 | Yes Bank Limited | ₹10 Cr | Open | |
| 26 May 2023 | 100724555 | Hdfc Bank Limited | ₹44.5 Cr | Open | |
| 26 Jul 2021 | 100463079 | Tata Capital Financial Services Limited | ₹5 Cr | Open | |
| 25 Jun 2021 | 100463310 | Others | ₹15 Cr | Open | |
| 30 Mar 2019 | 100257915 | Axis Bank Limited | ₹15 Cr | Open |
To see the full charge records of Premier IT Solutions India Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Premier IT Solutions India Private Limited has 4 court cases on record: 4 filed by Premier IT Solutions India. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against M/S C Store | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S C Store | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against M/S Digitech Electro World Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against M/S Ridhi Sidhi Mobiles | Disposed |
To see the full case history of Premier IT Solutions India Private 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 IT Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Premier IT Solutions India Private Limited has a workforce of 16 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Premier IT Solutions India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCP3592E1Z7 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Premier IT Solutions India Private Limited, buy the company report.
Recent activity
Premier IT Solutions India Private Limited has 6 board changes on record since 2010: 4 appointments and 2 cessations. The latest: Amit Kothari ceased to be Director on 29 Apr 2019.
17 earlier events are in the company report.
Frequently asked questions
Premier IT Solutions India is an active private limited company based in Bangalore, Karnataka, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 23 February 2010 (16+ years old) and is registered under CIN U72200KA2010PTC052660.
Premier IT Solutions India has 2 current directors:
- Kamlesh Jain - Director
- Arun Kumar Jain - Director
The latest financial statements of Premier IT Solutions India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Premier IT Solutions India is 29AAFCP3592E1Z7, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Premier IT Solutions India is U72200KA2010PTC052660. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Premier IT Solutions India has 4 court cases on record: 4 filed by the company. 1 is pending.
Premier IT Solutions India was incorporated on 23 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Premier IT Solutions India by revenue are Netlab Solutions (India) Private Limited, Bhagwati Computronics Private Limited, Hexagon Metrology India Private Limited, Toyota Tsusho Nexty Electronics India Private Limited, PVR Systems Private Limited and 1 more, all in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading).
Amit Kothari ceased to be Director on 29 Apr 2019. Abhishek Jain ceased to be Director on 28 Jan 2018. Abhishek Jain was appointed as Director on 23 Feb 2010. Premier IT Solutions India has 6 board changes on record in total.
Premier IT Solutions India can be reached through the website premieritsolutions.co.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Premier IT Solutions India is at F6 No. 1091 First Floor O.T.C Road Nagarthapete, Bangalore, Karnataka, India – 560002.