Premier Industrial Corporation IPO

About Premier Industrial Corporation

Premier Industrial Corporation Limited (PICL) was originally established as a partnership firm, M/s Premier Industrial Corporation, in 1979. It was converted into a public limited company in August 2007 and is headquartered in Mumbai, Maharashtra. The Company is promoted by members of the Morzaria family, including Arvind Chhotalal Morzaria, Dilip Chhotalal Morzaria and other promoter group members.PICL operates in the welding raw materials and consumables industry. It manufactures a wide portfolio of ferro alloy, metal, chemical and mineral powders, along with low and non-alloy, stainless steel and nickel-based alloy wires. Its products are integral to the welding value chain and serve sectors such as construction, infrastructure, automotive, energy and heavy engineering. The Company runs multiple manufacturing facilities across Maharashtra and Tamil Nadu, enabling scale and operational flexibility.PICL’s business model is built on diversified product offerings, a strong domestic presence and growing exports. Its key strengths include a broad product range, established customer relationships and integrated manufacturing capabilities within the welding consumables ecosystem.

---

Financials of Premier Industrial Corporation

---

Strengths

• Wide product portfolio across welding powders and alloy wires.
  
• Among the few players operating in both powder and wire categories.
  
• Strong presence in the domestic market with a growing export footprint.
  
• Multiple manufacturing facilities enabling scale and flexibility.
  
• Established relationships with repeat customers across industries.

Risks

• High dependence on third-party suppliers for key raw materials.
  
• Revenue concentration in powder products.
  
• Manufacturing units are concentrated in Maharashtra and Tamil Nadu.
  
• Significant revenue exposure to exports and policy changes.
  
• Dependence on a limited number of major customers