Palani Vijay Cottspin Profile
Key Indicators
- Authorised Capital ₹ 21.00 Cr
- Paid Up Capital ₹ 18.70 Cr
- Company Age 19 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 43.48 Cr
- Revenue Growth -5.38%
- Profit Growth -51.40%
- Ebitda -4.61%
- Net Worth 0.78%
- Total Assets -1.04%
About Palani Vijay Cottspin
Palani Vijay Cottspin Private Limited (PVCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 November 2005 and has a history of 19 years and two months. Its registered office is in Erode, 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 21.00 Cr and a paid-up capital of Rs 18.70 Cr.
The company currently has active open charges totaling ₹43.48 Cr.
Subramani Naicker, Baskar Subbarayalu, Appasamy Appasamy, and Three other members serve as directors at the Company.
Company Details
- Location
Erode, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17111TZ2005PTC012326
- Company No.
012326
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Nov 2005
- Date of AGM
18 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
What products or services does Palani Vijay Cottspin Private Limited offer?
Palani Vijay Cottspin Private Limited offers a wide range of products and services, including Yarns & Threads, Yarn, Textile Yarn.
Who are the key members and board of directors at Palani Vijay Cottspin?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Appasamy Appasamy  | Managing Director | 30-Nov-2005 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Subramani Naicker | Director | 01-Jul-2006 | Current |
| Baskar Subbarayalu | Director | 22-Jul-2015 | Current |
| Velampatti Karuppusamy | Director | 01-Jul-2006 | Current |
| Srinivasan Jeganiwas | Director | 28-Jun-2021 | Current |
| Ramasamy Keerthi | Director | 28-Jun-2021 | Current |
Financial Performance of Palani Vijay Cottspin.
Palani Vijay Cottspin Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 5.38% decrease. The company also saw a substantial fall in profitability, with a 51.4% decrease in profit. The company's net worth moved up by a moderate rise of 0.78%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Palani Vijay Cottspin?
In 2021, Palani Vijay Cottspin had a promoter holding of 42.97% and a public holding of 57.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Theni Guru Krishna Textile Mills Private LimitedSrinivasan Jeganiwas is a mutual person
Softscape Products Private LimitedAppasamy Appasamy and Srinivasan Jeganiwas are mutual person
- P A S Cotton Mills Private Limited
Ramasamy Keerthi is a mutual person
- Atk Scans And Diagnostics Private Limited
Ramasamy Keerthi is a mutual person
Charges (Loans)
₹43.48 Cr
₹0
Charges Breakdown by Lending Institutions
- State Bank Of India : 39.13 Cr
- Sidbi : 4.35 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Feb 2024 | Sidbi | ₹4.35 Cr | Open |
| 22 Mar 2007 | State Bank Of India | ₹39.13 Cr | Open |
How Many Employees Work at Palani Vijay Cottspin?
Palani Vijay Cottspin has a workforce of 258 employees as of Mar 30, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Palani Vijay Cottspin, 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 Vijay Cottspin's trajectory.
Rating
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
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.
