Premier Synthetics Limited Company Logo

Premier Synthetics Limited - Company Profile

It is a manufacturing public limited company based in Ahmedabad, Gujarat, India, established in 1970.

1970 | Ahmedabad, Gujarat, India | Active
Last Updated:

About Premier Synthetics Limited

Premier Synthetics Limited, a active public limited company, was established on 09 October 1970 in Ahmedabad, Gujarat, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: L70100GJ1970PLC100829. Registered under ROC Roc Ahmedabad. it is listed on BSE: 509835. It has an authorized capital of ₹30.00 Cr and a paid-up capital of ₹14.09 Cr.

It upholds a compliant status. In 2022, it reported revenue of ₹59.08 Cr and a net worth of ₹34.91 Cr. Employing 14 professional, Its leadership includes Govind Ram Garg (Director), Gautamchand Kewalchand Surana (Managing Director), Sanjaykumar Vinodbhai Majethia (Director). Past directors included Jayesh Rajmal Jain, Govind Ram Garg, Anand Chandulal Arya. It holds ₹9.90 Cr open charges and ₹235.38 Cr settled loans. Its latest AGM occurred on 26 September 2024, with the balance sheet filed on 31 March 2024. It is based at Surana House, Behnd Klassic Chambers, Swastik X Rd, Opp. Narnarayan Complex, Navrangpura, Ahmedabad, Gujarat, 380009.

Company Details

  • CIN/LLPIN

    L70100GJ1970PLC100829

  • Registration Number

    100829

  • Incorporation Date

    09 October 1970

  • Authorized Capital

    ₹30.00 Cr

  • Paid-Up Capital

    ₹14.09 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed (BSE: 509835)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 14.09 Cr
  • Company Age 55 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.90 Cr
  • Satisfied Charges ₹ 235.38 Cr
  • Revenue Growth 140.19%
  • Profit Growth 57.98%
  • Ebitda 37.37%
  • Net Worth 7.10%
  • Total Assets 15.65%
Company report

Premier Synthetics Limited

Company Report FY 2025-2026

Explore comprehensive insights into Premier Synthetics 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 Synthetics Limited?

Current Directors

NameDesignationAppointment DateStatus
Govind Ram GargDirector22 Aug 2024Current
Gautamchand Kewalchand SuranaManaging Director10 Feb 2016Current
Sanjaykumar Vinodbhai MajethiaDirector10 Feb 2016Current
Pranavkumar Vinaykant ParikhDirector14 Aug 2024Current
Sunny Sunil SinghiDirector06 Apr 2017Current
Savita GuptaDirector13 Aug 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director28 Sep 2016Past
Pramod AbcsddAdditional Director25 Sep 2024Past
Pramod AbcsddDirector12 Feb 2018Past
Pramod AbcsddAdditional Director28 Sep 2016Past
Pramod AbcsddWhole-Time Director28 May 2019Past
Pramod AbcsddCompany Secretary21 Sep 2018Past

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Financial Performance of Premier Synthetics.

Premier Synthetics Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 140.19% increase. The company also saw a substantial improvement in profitability, with a 57.98% increase in profit. The company's net worth moved up by a moderate rise of 7.1%.

Premier Synthetics revenue growth over time
Premier Synthetics profit and loss trends over time
  • 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
140.19%
Revenue from Operations
139.42%
Total Assets
15.65%
Profit or Loss
57.98%
Net Worth
7.10%
EBITDA
37.37%

What is the Ownership and Shareholding Structure of Premier Synthetics?

In 2023, Premier Synthetics had a promoter holding of 48.03% and a public holding of 51.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹99,000,000.00

Satisfied Charges

₹2,353,811,838.00

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 9.90 Cr

Latest Charge Details

DateLenderAmountStatus
04 Dec 2021Axis Bank Limited₹9.90 CrOpen
20 Oct 1999Genuine Commercial Services Private Limited₹19.20 CrSatisfied
13 Oct 1999Genuine Commercial Services Private Limited₹33.62 CrSatisfied
11 Jun 1997Genuine Commercial Services Private Limited₹48.98 CrSatisfied
11 Feb 1997Edelweiss Asset Reconstruction Company Limited₹10.00 CrSatisfied

Explore comprehensive loan charge details -

How Many Employees Work at Premier Synthetics?

Premier Synthetics has a workforce of 14 employees as of Apr 07, 2024. 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 growth trends for Premier Synthetics Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Premier Synthetics, 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 Synthetics'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.

Latest Updates, News, and FAQs on Premier Synthetics

Recent Activity within the Organization

  • Director Appointment

    Progress on Savita Gupta was appointed as a Director was appointed as a Director on 13 Aug 2025 & has been associated with this company since 3 months 20 days . was documented.

  • Director Appointment

    Progress on Vinod Kanubhai Rana was appointed as a Company Secretary was appointed as a Company Secretary on 28 Jul 2025 & has been associated with this company since 4 months 6 days . was documented.

  • Annual General Meeting

    Progress on Premier Synthetics Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records. was documented.

  • Director Appointment

    Govind Ram Garg was appointed as a Director was appointed as a Director on 22 Aug 2024 & has been associated with this company since 1 year 3 months . was recorded as a recent event.

  • Director Appointment

    Progress on Pranavkumar Vinaykant Parikh was appointed as a Director was appointed as a Director on 14 Aug 2024 & has been associated with this company since 1 year 3 months . was documented.

  • Director Appointment

    Narayan Devnarayan Choudhary was appointed as a Cfo was appointed as a Cfo on 30 Apr 2024 & has been associated with this company since 1 year 7 months . was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Premier Synthetics Limited?

    The CIN of Premier Synthetics Limited is L70100GJ1970PLC100829.

  • Where is Premier Synthetics Limited headquartered?

    Premier Synthetics Limited is headquartered at Surana House, Behnd Klassic Chambers, Swastik X Rd, Opp. Narnarayan Complex, Navrangpura, Ahmedabad, Gujarat, 380009.

  • When was Premier Synthetics Limited incorporated?

    Premier Synthetics Limited was incorporated on 09 October 1970.

  • Who are the current directors of Premier Synthetics Limited?

    The current directors of Premier Synthetics Limited are

  • What is the primary industry of Premier Synthetics Limited?

    The primary industry of Premier Synthetics Limited is Manufacturing.

  • Is Premier Synthetics Limited a listed company?

    Premier Synthetics Limited is listed. It is listed on BSE: 509835.

  • What is the capital structure of Premier Synthetics Limited?

    The authorized capital of Premier Synthetics Limited is ₹30.00 Cr, and the paid-up capital is ₹14.09 Cr.

  • What is the compliance status of Premier Synthetics Limited?

    The compliance status of Premier Synthetics Limited is Compliant.

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