Palani Andavar Cotton And Synthetic Spinners Limited

Founded in 1982 and headquartered in Tamil Nadu, India.

1982 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Palani Andavar Cotton And Synthetic Spinners Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.05 Cr
  • Company Age 43 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 10.76 Cr
  • Revenue Growth -50.62%
  • Profit Growth 16.97%
  • Ebitda 29.87%
  • Net Worth -14.56%
  • Total Assets -1.12%

About Palani Andavar Cotton And Synthetic Spinners

Palani Andavar Cotton And Synthetic Spinners Limited (PACASSL) is a Public Limited Indian Non-Government Company incorporated in India on 20 January 1982 and has a history of 43 years and two months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Palani Andavar Cotton And Synthetic Spinners Private Limited. 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 3.00 Cr and a paid-up capital of Rs 1.05 Cr.

The company has closed loans amounting to ₹10.76 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sandhyaa Vikram, Satyanathan Venkataswamy, and Sathyanathan Padmavathy serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1982PLC001139

  • Company No.

    001139

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Jan 1982

  • Date of AGM

    26 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 Palani Andavar Cotton And Synthetic Spinners?

Board Members (3)

NameDesignationAppointment DateStatus
Sandhyaa Vikram Country flag representing In Director 29-Aug-2018Current
Satyanathan Venkataswamy Country flag representing In Director 22-Mar-2012Current
Sathyanathan Padmavathy Country flag representing In Director 09-Apr-1990Current

Financial Performance of Palani Andavar Cotton And Synthetic Spinners.

Palani Andavar Cotton And Synthetic Spinners Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 50.62% decrease. The company also saw a substantial improvement in profitability, with a 16.97% increase in profit. The company's net worth observed a substantial decline by a decrease of 14.56%.

Palani Andavar Cotton And Synthetic Spinners revenue growth over time
Palani Andavar Cotton And Synthetic Spinners 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
-50.62%
Revenue from Operations
-54.49%
Total Assets
-1.12%
Profit or Loss
16.97%
Net Worth
-14.56%
EBITDA
29.87%

What is the Ownership and Shareholding Structure of Palani Andavar Cotton And Synthetic Spinners?

In 2021, Palani Andavar Cotton And Synthetic Spinners had a promoter holding of 49.26% and a public holding of 50.74%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹10.76 Cr

Charges Breakdown by Lending Institutions

  • Icici Ltd : 8.00 Cr
  • Central Bank Of India : 1.57 Cr
  • The Industrial Credit And Investment Corp Of India Ltd : 0.85 Cr
  • Industrial Finance Corporation Of India : 0.34 Cr

Latest Charge Details

DateLenderAmountStatus
05 May 1999Central Bank Of India₹5.00 MSatisfied
12 Jan 1998Central Bank Of India₹5.00 MSatisfied
30 Jun 1997Icici Ltd₹3.00 CrSatisfied
09 Jul 1991Icici Ltd₹5.00 CrSatisfied
02 Jul 1990Industrial Finance Corporation Of India₹3.40 MSatisfied

How Many Employees Work at Palani Andavar Cotton And Synthetic Spinners?

Unlock and access historical data on people associated with Palani Andavar Cotton And Synthetic Spinners, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Palani Andavar Cotton And Synthetic Spinners Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palani Andavar Cotton And Synthetic Spinners, 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 Palani Andavar Cotton And Synthetic Spinners'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 Palani Andavar Cotton And Synthetic Spinners

Recent activity within the organization

  • Annual General Meeting

    Palani Andavar Cotton And Synthetic Spinners Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Palani Andavar Cotton And Synthetic Spinners Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Director Appointment

    Sandhyaa Vikram was appointed as a Director was appointed as a Director on 29 Aug 2018 & has been associated with this company since 6 years 6 months .

  • Charges

    A charge registered on 30 Jun 1997 via Charge ID 90008481 with Icici Ltd was fully satisfied on 24 May 2012.

  • Director Appointment

    Satyanathan Vikram Venkataswamy was appointed as a Director was appointed as a Director on 22 Mar 2012 & has been associated with this company since 13 years 5 days .

  • Charges

    A charge registered on 09 Jul 1991 via Charge ID 90008031 with Icici Ltd was fully satisfied on 24 Aug 2011.

Frequently asked questions

  • What is the Incorporation or founding date of Palani Andavar Cotton And Synthetic Spinners Limited?

    Palani Andavar Cotton And Synthetic Spinners Limited was incorporated on 20 Jan 1982.

  • What is authorized share capital and paid-up capital of Palani Andavar Cotton And Synthetic Spinners Limited?

    The authorized share capital of Palani Andavar Cotton And Synthetic Spinners Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.05 Cr.

  • Who are the current board members & directors of Palani Andavar Cotton And Synthetic Spinners Limited?

    Currently 3 directors are associated with Palani Andavar Cotton And Synthetic Spinners Limited.

    • Sandhyaa Vikram
    • Satyanathan Vikram Venkataswamy
    • Sathyanathan Padmavathy

  • What is the registered address of Palani Andavar Cotton And Synthetic Spinners Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Palani Andavar Cotton And Synthetic Spinners Limited is 236/1Dhalli Road Udamalpet India, Coimbatore, Tamil Nadu, 642126.

  • What is the corporate identification number (CIN) and company number of Palani Andavar Cotton And Synthetic Spinners Limited?

    The corporate identification number (CIN) of Palani Andavar Cotton And Synthetic Spinners Limited is U17111TZ1982PLC001139 and the company number is 001139 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Palani Andavar Cotton And Synthetic Spinners Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Palani Andavar Cotton And Synthetic Spinners Limited has fallen by -50.62%.

  • What change has been observed in the net worth of Palani Andavar Cotton And Synthetic Spinners Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Palani Andavar Cotton And Synthetic Spinners Limited has experienced an downturn of -14.56%.

  • When was the last Balance Sheet of Palani Andavar Cotton And Synthetic Spinners Limited filed with the ROC?

    The most recent Balance Sheet for Palani Andavar Cotton And Synthetic Spinners Limited was filed with the ROC on 31 Mar 2024.

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