MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0029583
Premier Solvents Pvt Ltd - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹155.07 Cr
▲ 4% YoY
Net profit · FY 2025
₹3.65 Cr
Net margin 2.4%
EBITDA · FY 2025
₹7.5 Cr
EBITDA margin 4.8%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹90 Lakh
Issued & subscribed
Open charges
₹46.77 Cr
Satisfied ₹20.77 Cr
Company age
37 yrs
Est. 1989
Employees · EPFO
32
Provident fund records
About Premier Solvents Pvt Ltd
Data last updated:
Premier Solvents Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 19 September 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1989PTC053547. Its GSTIN is 27AABCP6118J1ZC (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹90 Lakh. It is led by directors including Jainesh Vijay Ajmera (Whole-Time Director) and Jasmita Vijay Ajmera (Whole-Time Director).
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 Flat No. 15 3rd Floor Yashodhan Chandavarkar Road Borivali (West), Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2025, the company reported a revenue of ₹155.07 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹3.65 Cr (net margin 2.4%) and EBITDA of ₹7.5 Cr (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 29% over five years.
The company has about 32 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Premier Solvents and Vijay Ajmera Group. As per MCA filings, the company has open charges of ₹46.77 Cr and satisfied charges of ₹20.77 Cr on record. The company has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹70 Lakh; the latest was in March 2016. The company has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 28 overdue payments to 20 micro and small suppliers.
Premier Solvents Pvt Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0029583). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vijayajmeragroup.com.
Company details
CIN U24110MH1989PTC053547
Registration Number 053547
Incorporation Date 19 September 1989
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0029583
Key People
Jainesh Vijay Ajmera Whole-Time Director Jasmita Vijay Ajmera Whole-Time Director Jinit Vijay Ajmera Director Recognitions & Rankings of Premier Solvents
Contact details
Premier Solvents Pvt Ltd's registered office is in Mumbai, Maharashtra. Its website is vijayajmeragroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No. 15 3rd Floor Yashodhan Chandavarkar Road Borivali (West), Mumbai, Maharashtra, India – 400092
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Premier Solvents Pvt Ltd, buy the company report.
Comprehensive company report
Premier Solvents Pvt Ltd - one report that includes everything
- 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
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Brands
Premier Solvents operates two associated brands: Premier Solvents and Vijay Ajmera Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and distributes chemicals for pharmaceuticals, fragrance, and textile sectors. | premiersolvents.com | |
| Chemical trading and manufacturing of solvents, esters, and intermediates in India. | vijayajmeragroup.com |
Business activity
The main business activity of Premier Solvents is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Premier Solvents Pvt Ltd, buy the company report.
Financials of Premier Solvents Pvt Ltd
FY 2025 filings availablePremier Solvents Pvt Ltd reported revenue of ₹155.07 Cr (up 4% YoY) for FY 2025.
Revenue · FY 2025
₹155.07 Cr ▲ 4%
Net profit · FY 2025
₹3.65 Cr margin 2.4%
EBITDA · FY 2025
₹7.5 Cr margin 4.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 8%
5 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▲ 13%
5 years · compounded
▲ 39%
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 4% growth in the latest year. EBITDA rose 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 | ₹7.5 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.65 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.8% | ||||
| Net Profit Margin | 2.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Premier Solvents Pvt Ltd, buy the company report.
Board of directors of Premier Solvents Pvt Ltd
Premier Solvents has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jinit Vijay Ajmera Also directs: Panna Chemicals and Solvents Pvt Ltd | Director | 12 Sep 2014 | 12 Years 1 Months | Current |
| Jainesh Vijay Ajmera Also directs: Panna Chemicals and Solvents Pvt Ltd | Whole-Time Director | 12 Sep 2014 | 12 Years 1 Months | Current |
| Vijay Balwantray Ajmera Also directs: Panna Chemicals and Solvents Pvt Ltd | Director | 19 Sep 1989 | 37 Years 1 Months | Current |
| Jasmita Vijay Ajmera Also directs: Panna Chemicals and Solvents Pvt Ltd | Whole-Time Director | 20 Jul 1990 | 36 Years 3 Months | Current |
Auditor
Premier Solvents Pvt Ltd is audited by Bhikhubhai H Shah & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bhikhubhai H Shah & Co. | FY 2024 | 115374W |
Shareholding
The shareholding of Premier Solvents Pvt Ltd is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Premier Solvents Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹46.77 Cr
Satisfied charges
₹20.77 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jan 2022 | 100537691 | Hdfc Bank Limited | ₹46.77 Cr | Open | |
| 27 Apr 2021 | 100504144 | Others | ₹25.59 Lakh | Satisfied | |
| 16 Jun 2020 | 100382905 | Others | ₹78 Lakh | Satisfied | |
| 09 Apr 2020 | 100382904 | Others | ₹50 Lakh | Satisfied | |
| 12 Feb 2009 | 10152868 | Dena Bank | ₹8.45 Cr | Satisfied |
To see the full charge records of Premier Solvents Pvt Ltd, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Premier Solvents Pvt Ltd has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹70 Lakh; the latest was in March 2016.
Total deals
8
Secondary share transfers
4
Funding rounds
3
Rights issue
1
Disclosed funding
₹70 Lakh
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Rights issue | ₹25 Lakh | Investors: 4 individuals |
| Mar 2015 | Funding round | ₹25 Lakh | Investors: 4 individuals |
| Jun 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Vijay Ajmera Huf |
| Nov 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Vijay Ajmera Huf |
| Mar 2010 | Funding round | ₹20 Lakh | Investors: Vijay Ajmera Huf, 3 individuals |
To see the full deal history of Premier Solvents Pvt Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Premier Solvents Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Premier Solvents Pvt Ltd was last rated by Care on 15 Feb 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 15 Feb 2023 |
To see the full credit ratings and regulatory alerts of Premier Solvents Pvt Ltd, buy the company report.
MSME payment delays
Premier Solvents Pvt Ltd has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 28 overdue payments to 20 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 20)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Artha Enterprise | |||
| Bsa Polycontainer Private Limited | |||
| an individual supplier | |||
| Bic Chemicals and Packagings Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Premier Solvents Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Premier Solvents Pvt Ltd has a workforce of 32 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
32
Active EPFO establishments
1
Employee growth
77.78%
GST
Premier Solvents has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP6118J1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Premier Solvents Pvt Ltd, buy the company report.
Recent activity
Premier Solvents Pvt Ltd has 9 board changes on record since 1989: 4 appointments and 5 cessations. The latest: Jainesh Vijay Ajmera ceased to be Additional Director on 30 Sep 2014.
Charges
A charge with Hdfc Bank Limited of Rs. 46.77 Cr registered on 18 Jan 2022 with Charge ID 100537691 was modified on 21 Nov 2025.
AGM
Premier Solvents Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Premier Solvents Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 30 Sep 1992 via Charge ID 90215971 with Maharashtra State Financial Corporaiton was fully satisfied on 16 Dec 2022.
Charges
A charge registered on 27 Apr 2021 via Charge ID 100504144 with Others was fully satisfied on 23 Apr 2022.
Charges
A charge registered on 07 Dec 2006 via Charge ID 10030202 with Centurion Bank Of Punjab Ltd. was fully satisfied on 13 Apr 2022.
Charges
A charge registered on 17 Oct 2006 via Charge ID 10027983 with Centurion Bank Of Punjab Ltd. was fully satisfied on 13 Apr 2022.
Charges
A charge registered on 16 Jun 2020 via Charge ID 100382905 with Others was fully satisfied on 10 Feb 2022.
Charges
A charge registered on 09 Apr 2020 via Charge ID 100382904 with Others was fully satisfied on 10 Feb 2022.
Charges
A charge registered on 12 Feb 2009 via Charge ID 10152868 with Dena Bank was fully satisfied on 10 Feb 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 46.77 Cr with Charge ID 100537691 was registered on 18 Jan 2022.
Charges
A charge with Others amounted to Rs. 0.26 Cr with Charge ID 100504144 was registered on 27 Apr 2021.
35 earlier events are in the company report.
Frequently asked questions
Premier Solvents is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 19 September 1989 (37+ years old) and is registered under CIN U24110MH1989PTC053547.
Premier Solvents has 4 current directors:
- Jainesh Vijay Ajmera - Whole-Time Director
- Jasmita Vijay Ajmera - Whole-Time Director
- Jinit Vijay Ajmera - Director
- Vijay Balwantray Ajmera - Director
The latest financial statements of Premier Solvents 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 Solvents is 27AABCP6118J1ZC, registered in Maharashtra. 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 Solvents is U24110MH1989PTC053547. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Premier Solvents was incorporated on 19 September 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Premier Solvents has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹70 Lakh; the latest was in March 2016.
Jainesh Vijay Ajmera ceased to be Additional Director on 30 Sep 2014. Jinit Vijay Ajmera ceased to be Additional Director on 30 Sep 2014. Jainesh Vijay Ajmera was appointed as Whole-Time Director on 12 Sep 2014. Premier Solvents has 9 board changes on record in total.
Yes, Premier Solvents is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0029583).
Premier Solvents has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 28 overdue payments to 20 micro and small suppliers. The latest return was filed on 30 Oct 2019.
Premier Solvents can be reached through the website vijayajmeragroup.com. Its registered office is in Mumbai, Maharashtra, India.