Premium Plast Limited

Premium Plast Limited

NNSE:PREMIUM
43.30
INR
+0.25
(+0.58%)
Premium Plast Limited
NSE:PREMIUM
(National Stock Exchange of India)

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43.30

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Business
Premium Plast Limited designs, manufactures, and supplies precision plastic injection molded components and assemblies primarily for the automotive, industrial, and packaging sectors. The company offers a wide portfolio of products categorized into automotive exterior components, including bumper fascia, front grilles, wheel arch liners, mudguards, and exterior mirror housings; automotive interior components, comprising dashboard trims, instrument cluster bezels, glove box assemblies, HVAC air ducts, steering column cowls, center consoles, and door panel garnishes; under-the-hood and functional parts, encompassing engine covers, battery trays, fuse boxes, air filter housings, and fluid reservoir brackets; and industrial packaging products, consisting of specialty plastic caps, closures, containers, and material handling solutions. In addition to component manufacturing, the company provides comprehensive engineering support services, including tool design, mold manufacturing, rapid prototyping, post-molding surface finishing, ultrasonic welding, and sub-assembly integration for original equipment manufacturers and Tier-1 automotive suppliers. Founded in 1995, Premium Plast Limited is headquartered in Thane, Maharashtra, India, and operates manufacturing facilities situated across major industrial corridors in Maharashtra, Gujarat, and Tamil Nadu. In recent developments, the company completed its initial public offering on the NSE Emerge platform in October 2024 to fund operational expansion, which includes establishing a new manufacturing facility in Pithampur, Madhya Pradesh, acquiring advanced high-tonnage injection molding machinery, and installing rooftop solar power systems across its production units to enhance operational efficiency and sustainable manufacturing capabilities.