Coimbatore Polytex Private Limited

Manufactures yarn and fabrics, part of Premier Group, incorporated in 2003 in Coimbatore.

2003 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Coimbatore Polytex Profile

Key Indicators

  • Authorised Capital ₹ 30.10 Cr
  • Paid Up Capital ₹ 30.01 Cr
  • Company Age 22 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 56.50 Cr
  • Satisfied Charges ₹ 140.03 Cr
  • Revenue Growth -4.63%
  • Profit Growth -126.94%
  • Ebitda -117.25%
  • Net Worth -3.85%
  • Total Assets -9.05%

About Coimbatore Polytex

Coimbatore Polytex Private Limited (CPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 January 2003 and has a history of 22 years and one month. Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 30.10 Cr and a paid-up capital of Rs 30.01 Cr.

The company currently has active open charges totaling ₹56.50 Cr. The company has closed loans amounting to ₹140.03 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Coimbatore Polytex Private Limited India is Sivaraman Ganesh as COMPANY SECRETARY. Damotharan Rajendran, Sheela Rajendran, Rohit Rajendran, and Two other members serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    premiermills.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2003PTC010452

  • Company No.

    010452

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Jan 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at Coimbatore Polytex?

Executive Team (1)

NameDesignationAppointment DateStatus
Sivaraman Ganesh Country flag representing In Company Secretary20-Feb-2013Current

Board Members (5)

NameDesignationAppointment DateStatus
Lakshminarayanaswamy Swathy Country flag representing In Director 10-Jun-2011Current
Rohit Rajendran Country flag representing In Director 05-Sep-2005Current
Damotharan Rajendran Country flag representing In Director 02-Aug-2004Current
Sheela Rajendran Country flag representing In Director 04-Aug-2006Current
Balasubramaniam Shanmugam Country flag representing In Director 26-Dec-2023Current

Financial Performance of Coimbatore Polytex.

Coimbatore Polytex Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.63% decrease. The company also saw a substantial fall in profitability, with a 126.94% decrease in profit. The company's net worth dipped by a decrease of 3.85%.

Coimbatore Polytex revenue growth over time
Coimbatore Polytex 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
-4.63%
Revenue from Operations
-5.85%
Total Assets
-9.05%
Profit or Loss
-126.94%
Net Worth
-3.85%
EBITDA
-117.25%

What is the Ownership and Shareholding Structure of Coimbatore Polytex?

In 2023, Coimbatore Polytex had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹56.50 Cr

Satisfied Charges

₹140.03 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 34.00 Cr
  • Others : 22.50 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jun 2022Others₹10.50 CrOpen
30 Nov 2020Hdfc Bank Limited₹34.00 CrOpen
25 Nov 2003Others₹12.00 CrOpen
03 May 2014Andhra Bank₹7.90 CrSatisfied
20 Dec 2013Andhra Bank₹5.00 CrSatisfied

How Many Employees Work at Coimbatore Polytex?

Coimbatore Polytex has a workforce of 419 employees as of Apr 05, 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 Coimbatore Polytex Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Coimbatore Polytex, 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 Coimbatore Polytex'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 Coimbatore Polytex

Recent activity within the organization

  • Annual General Meeting

    Coimbatore Polytex Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Coimbatore Polytex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Director Appointment

    Balasubramaniam Shanmugam was appointed as a Director was appointed as a Director on 26 Dec 2023 & has been associated with this company since 1 year 2 months .

  • Charges

    A charge with Others amounted to Rs. 10.50 Cr with Charge ID 100586752 was registered on 24 Jun 2022.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 34.00 Cr registered on 30 Nov 2020 with Charge ID 100393941 was modified on 08 Mar 2022.

  • Charges

    A charge registered on 03 May 2014 via Charge ID 10496286 with Andhra Bank was fully satisfied on 30 Jun 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Coimbatore Polytex Private Limited?

    Coimbatore Polytex Private Limited was incorporated on 29 Jan 2003.

  • What is authorized share capital and paid-up capital of Coimbatore Polytex Private Limited?

    The authorized share capital of Coimbatore Polytex Private Limited is ₹ 30.10 Cr and paid-up capital is ₹ 30.01 Cr.

  • Who are the current board members & directors of Coimbatore Polytex Private Limited?

    Currently 6 directors are associated with Coimbatore Polytex Private Limited.

    • Damotharan Rajendran
    • Sheela Rajendran
    • Rohit Rajendran
    • Lakshminarayanaswamy Swathy
    • Sivaraman Ganesh
    • Balasubramaniam Shanmugam

  • What is the registered address of Coimbatore Polytex Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Coimbatore Polytex Private Limited is No.1 Nava India Road, Coimbatore, Tamil Nadu, 641028.

  • What is the corporate identification number (CIN) and company number of Coimbatore Polytex Private Limited?

    The corporate identification number (CIN) of Coimbatore Polytex Private Limited is U17111TZ2003PTC010452 and the company number is 010452 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Coimbatore Polytex Private Limited?

    The Official website of Coimbatore Polytex Private Limited is https://www.premiermills.com

  • What has been the recent revenue trend for Coimbatore Polytex Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Coimbatore Polytex Private Limited has fallen by -4.63%.

  • How many employees does Coimbatore Polytex Private Limited currently have?

    As Per 2023 financial reports, 419 employees are currently employed by Coimbatore Polytex Private Limited.

  • What change has been observed in the net worth of Coimbatore Polytex Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Coimbatore Polytex Private Limited has experienced an downturn of -3.85%.

  • What are the total open charges for Coimbatore Polytex Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Coimbatore Polytex Private Limited amount to ₹ 56.50 Cr.

  • When was the last Balance Sheet of Coimbatore Polytex Private Limited filed with the ROC?

    The most recent Balance Sheet for Coimbatore Polytex Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Textile & Fabric Production