Pal Textiles Private Limited

Manufactures a variety of fabric and dress materials, including viscose and printed cotton.

1989 | Surat, Gujarat (India) | Active
Last Updated: December 31, 2024

Pal Textiles Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 4.00 M
  • Company Age 35 Year, 11 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 7.96 Cr
  • Revenue Growth -31.83%
  • Profit Growth -6755.66%
  • Ebitda -47.40%
  • Net Worth -36.38%
  • Total Assets -12.45%

About Pal Textiles

Pal Textiles Private Limited (PTPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 February 1989 and has a history of 35 years and 11 months. Its registered office is in Surat, Gujarat, 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 2018. It's a company limited by shares with an authorized capital of Rs 4.00 M and a paid-up capital of Rs 4.00 M.

The company currently has active open charges totaling ₹7.96 Cr.

Vikrambhai Pal and Himanshu Pal serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U47119GJ1989PTC011915

  • Company No.

    011915

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Feb 1989

  • Date of AGM

    29 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Pal Textiles?

Board Members (2)

Name Designation Appointment Date Status
Vikrambhai Pal Country flag representing In Director 01-Sep-2008 Current
Himanshu Pal Country flag representing In Director 20-Feb-1989 Current

Financial Performance of Pal Textiles.

Pal Textiles Private Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 31.83% decrease. The company also saw a substantial fall in profitability, with a 6755.66% decrease in profit. The company's net worth observed a substantial decline by a decrease of 36.38%.

Graph illustrating revenue growth over time
Graph showing 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
-31.83%
Revenue from Operations
-31.87%
Total Assets
-12.45%
Profit or Loss
-6755.66%
Net Worth
-36.38%
EBITDA
-47.40%

What is the Ownership and Shareholding Structure of Pal Textiles?

In 2018, Pal Textiles 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

₹79.57 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Tthe Surat Peoples Co Operative Bank Limited : 3.42 Cr
  • The Surat Peoples Co.Op.Bank Limited : 2.45 Cr
  • The Surat People'S Co-Op Bank Ltd. : 1.50 Cr
  • The Surat Peoples Co.Operative Bank Limited : 0.30 Cr
  • The Surat Peoples Co-Operative Bank Ltd : 0.28 Cr

Latest Charge Details

Date Lender Amount Status
05 Feb 2010 The Surat Peoples Co.Operative Bank Limited ₹3.05 M Open
05 Feb 2010 The Surat People's Co-Op Bank Ltd. ₹1.50 Cr Open
20 Oct 2008 The Surat Peoples Co.Op.Bank Limited ₹7.50 M Open
20 Oct 2008 The Surat Peoples Co.Op.Bank Limited ₹2.66 M Open
20 Oct 2008 The Surat Peoples Co.Op.Bank Limited ₹2.43 M Open

How Many Employees Work at Pal Textiles?

Unlock and access historical data on people associated with Pal Textiles, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pal Textiles, 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 Pal Textiles'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 Pal Textiles

Recent activity within the organization

  • Annual General Meeting

    Pal Textiles Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

    29 Sep 2018

  • Balance Sheet

    Pal Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Ahmedabad.

    31 Mar 2018

  • Charges

    A charge with Tthe Surat Peoples Co Operative Bank Limited of Rs. 34.24 M registered on 19 Nov 1998 with Charge ID 90094371 was modified on 16 Dec 2014.

    16 Dec 2014

  • Charges

    A charge with The Surat People'S Co-Op Bank Ltd. of Rs. 15.00 M registered on 05 Feb 2010 with Charge ID 10200104 was modified on 01 Dec 2011.

    01 Dec 2011

  • Charges

    A charge with The Surat Peoples Co.Operative Bank Limited amounted to Rs. 3.05 M with Charge ID 10199701 was registered on 05 Feb 2010.

    05 Feb 2010

  • Charges

    A charge with The Surat People'S Co-Op Bank Ltd. amounted to Rs. 15.00 M with Charge ID 10200104 was registered on 05 Feb 2010.

    05 Feb 2010

Frequently asked questions

  • Pal Textiles Private Limited was incorporated on 20 Feb 1989.

  • The authorized share capital of Pal Textiles Private Limited is ₹ 4.00 M and paid-up capital is ₹ 4.00 M.

  • Currently 2 directors are associated with Pal Textiles Private Limited.

    • Vikrambhai Prabhakant Pal
    • Himanshu Prabhakantbhai Pal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pal Textiles Private Limited is Shed No. 8 Bhogilal Compound Near Gayatri Mandir B/H. Mer. Co-Op Bank Ltd, Vasta De Vdi Road India, Surat, Gujarat, 395003.

  • The corporate identification number (CIN) of Pal Textiles Private Limited is U47119GJ1989PTC011915 and the company number is 011915 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2018, the revenue trend for Pal Textiles Private Limited has fallen by -31.83%.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Pal Textiles Private Limited has experienced an downturn of -36.38%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Pal Textiles Private Limited amount to ₹ 7.96 Cr.

  • The most recent Balance Sheet for Pal Textiles Private Limited was filed with the ROC on 31 Mar 2018.

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