Premier Polyspin Private Limited

Premier Polyspin Private Limited - trading in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U17119GJ1994PTC022462 Incorporated 11 July 1994 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company trading
Data last updated
Revenue · FY 2020
₹69,045
Latest filing
Net profit · FY 2020
₹22,150
Net margin 32.1%
EBITDA · FY 2020
₹32,795
EBITDA margin 47.5%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Satisfied charges
₹3.97 Cr
No open charges
Company age
32 yrs
Est. 1994
Directors on board
2
As per MCA filings

About Premier Polyspin Private Limited

Data last updated:

Premier Polyspin Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the retail trade segment of the trading and commerce sector. It was incorporated on 11 July 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1994PTC022462. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Ravi Dujodwala and Sanjeevkumar Vishwakarma Sunderlal.

Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 6048 Trade House Ring Road, Surat, Gujarat, India.

As per the financials filed for FY 2020, the company reported a revenue of ₹69,045. For the same year it recorded a net profit of ₹22,150 (net margin 32.1%) and EBITDA of ₹32,795 (EBITDA margin 47.5%). Revenue has grown at a compounded annual rate (CAGR) of 76% over three years and 4% over five years.

As per MCA filings, the company has satisfied charges of ₹3.97 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 2 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Premier Polyspin Private Limited
CIN U17119GJ1994PTC022462
Registration Number 022462
Incorporation Date 11 July 1994
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    6048 Trade House Ring Road, Surat, Gujarat, India
  • Industry
    Trading, Retailers, Retail Trading
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Financials, compliance, directors, charges, ownership and filings for Premier Polyspin Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Premier Polyspin Private Limited FY 2020 filings available

Premier Polyspin Private Limited reported revenue of ₹69,045 for FY 2020.

Revenue · FY 2020
₹69,045
Net profit · FY 2020
₹22,150 margin 32.1%
EBITDA · FY 2020
₹32,795 margin 47.5%

Compounded Annual Growth Rate (CAGR) of Premier Polyspin Private Limited

Revenue CAGR growth
3 years · compounded
▼ 76%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 29%
3 years · compounded
▲ 29%
5 years · compounded
▲ 9%

Revenue has grown at a compounded annual rate (CAGR) of 4% over five years. EBITDA fell 29% 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 of Premier Polyspin Private Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹69,045••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹32,795••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹22,150••••••••••••••••
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 Premier Polyspin Private Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin47.5%••••••••••••••••
Net Profit Margin32.1%••••••••••••••••
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 Premier Polyspin are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

  • Income statements
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Board of Directors of Premier Polyspin Private Limited

Premier Polyspin has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ravi DujodwalaDirector07 Sep 201610 Years 1 MonthsCurrent
Sanjeevkumar Vishwakarma SunderlalDirector18 Jun 201511 Years 3 MonthsCurrent

Ownership and Shareholding of Premier Polyspin Private Limited

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Shareholding and ownership data

Promoter, institutional, public and beneficial ownership figures are in the company report.

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  • Historical changes
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Charges & Borrowings of Premier Polyspin Private Limited

Open charges
None
Satisfied charges
₹3.97 Cr
Breakdown by lending institutions
Syndicate Bank₹2.47 Cr
Canara Bank₹1.50 Cr
Latest charge details
DateLenderAmountStatus
12 Aug 2015Canara Bank₹1.5 CrSatisfied
16 Jul 2009Syndicate Bank₹97 LakhSatisfied
18 Feb 2005Syndicate Bank₹1.5 CrSatisfied

Total charge records: 3 View all charges

Employees and EPFO Compliance at Premier Polyspin Private Limited

Employment history and EPFO contributions of people linked to Premier Polyspin.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

  • Monthly headcount
  • PF contributions
  • ECR filing status
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Recent Activity on Premier Polyspin Private Limited

Premier Polyspin Private Limited has 6 board changes on record since 2015: 2 appointments and 4 cessations. The latest: Ravi Dujodwala ceased to be Director on 09 Jul 2021.

Ceased
Ravi Dujodwala ceased to be Director.
AGM
Premier Polyspin Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Filing
Premier Polyspin Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Ahmedabad.
Charges
A charge registered on 12 Aug 2015 via Charge ID 10586498 with Canara Bank was fully satisfied on 28 Sep 2016.
Ceased
Shyamsunder Atmaram Sharma ceased to be Director.
Appointed
Ravi Dujodwala was appointed as Director.
Ceased
Sanjeevkumar Vishwakarma Sunderlal ceased to be Additional Director.
Charges
A charge registered on 16 Jul 2009 via Charge ID 10239677 with Syndicate Bank was fully satisfied on 13 Aug 2015.
Charges
A charge registered on 18 Feb 2005 via Charge ID 80026064 with Syndicate Bank was fully satisfied on 13 Aug 2015.
Charges
A charge with Canara Bank amounted to Rs. 150.00 Lakh with Charge ID 10586498 was registered on 12 Aug 2015.
Ceased
Rohit Dharamprakash Gupta ceased to be Director.
Appointed
Sanjeevkumar Vishwakarma Sunderlal was appointed as Director.

4 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Premier Polyspin Private Limited

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Credit ratings, litigation, and regulatory alerts

Credit ratings, court records and regulatory alerts are in the company report.

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MSME Payment Delays by Premier Polyspin Private Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Premier Polyspin Private Limited

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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GST Compliance of Premier Polyspin Private Limited

Premier Polyspin has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Premier Polyspin Private Limited

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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

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Frequently Asked Questions about Premier Polyspin Private Limited

Premier Polyspin is an active private limited company based in Surat, Gujarat, India. The company works in retailers, within the trading industry. It was incorporated on 11 July 1994 (32+ years old) and is registered under CIN U17119GJ1994PTC022462.

Premier Polyspin reported revenue of ₹69,045 for FY 2020.

Premier Polyspin has 2 current directors:

Premier Polyspin reported a net profit of ₹22,150 (net margin 32.1%) and EBITDA of ₹32,795 (EBITDA margin 47.5%) for FY 2020, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Premier Polyspin is -76% over three years and 4% over five years. CAGR is the steady yearly rate that links the first and the last year.

No. Premier Polyspin has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Premier Polyspin is U17119GJ1994PTC022462. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Premier Polyspin has 6 court cases on record: 1 filed by the company and 2 filed against it.

Premier Polyspin was incorporated on 11 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Ravi Dujodwala ceased to be Director on 09 Jul 2021. Shyamsunder Atmaram Sharma ceased to be Director on 15 Sep 2016. Ravi Dujodwala was appointed as Director on 07 Sep 2016. Premier Polyspin has 6 board changes on record in total.

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