Premier Ltd

Company limited by Shares (1) 238+ employees

Premier Ltd Description

Premier Ltd was established in the year 1944 and has its headquarters in Mumbai. They are the manufacturer of vehicles. The company first manufactured the first Indian made trucks and cars that rolled on the streets of a nation that was got its freedom in the year 1947. The current models of the company that are still working are Premier Rio, Premier Roadstar. The company was initially called Premier Automobiles Ltd. The company focuses on two of their core businesses that includes automotive and engineering. The company's engineering business offers components for wind energy, power generations and the infrastructure sectors. They are also the leading manufacturers of a heavy duty CNC machines like CNC Gear Hobbing, shaping and shaving machines and many other machines. The company started with the utility segment with the country's first most fuel efficient SUV called the RiO that was compact and was available in diesel as well as petrol variants. The company's plant is spread across 27 acres, and now serves as the centralized research, development and manufacturing for all the types of activities. The models that the company has assembled includes: Dodge Kingsway, Plymouth Savoy, Plymouth Belvedere, Fiat 1100, Fiat Uno and Peugeot 309. The company has more than 8000 employees serving to the needs of their customers. The company has sold their Mumbai plant. They now operate from their Pune Machine Tool Plant. They have now expanded and modernized their plant with an investment of Rs 3 billion investment. They have also started the heavy engineering division. They plan to re-enter the auto business with pickup, truck and van. This way it creates a new market segment that is: Compact SUV and RiO.

Premier Ltd Overview

INDIA HO
Pune
COMPANY SIZE
238+ employees
CIN
L34103PN1944PLC020842
TYPE
Public
CATEGORY
Company limited by Shares
SUB-CATEGORY
Non-govt company
WEBSITE
http://www.premier.co.in
EMAIL
rmtavhare@premier.co.in
FOUNDED
27 Jun,1944
PAID-UP CAPITAL
303,995,000
AUTHORISED CAPITAL
400,000,000
1 Related Suppliers
1 No. of plants

Company Breakup

Name share
Public Financial Companies
6.10%
Foreign Holdings
1.13%
Others
0.65%
Bodies Corporate
54.32%
Mutual Funds
0.04%
Individuals
37.75%
Banks
0.00%
Total Number Of Shareholders 35835
Shareholding As On 2015-09-23

Directors of Premier Ltd

Name DIN Email Designation Date of joining
Ramesh Lakshman Adige Unlock to View Unlock to View Director 24 Apr,2012
Dilip Jayantilal Thakkar Unlock to View Unlock to View Director 28 Apr,2010
Rohita Maitreya Doshi Unlock to View Unlock to View Director 27 Mar,2008
Udo Ruediger Weigel Unlock to View Unlock to View Director 27 Mar,2008
Subramanian Padmanabhan Unlock to View Unlock to View Director 24 Dec,2002
Asit Dhankumar Javeri Unlock to View Unlock to View Director 24 Dec,2002
Maitreya Vinod Doshi Unlock to View Unlock to View Managing director 29 Mar,1993

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