Palani Vijay Cottspin Private Limited logo

Palani Vijay Cottspin Private Limited

Manufacturer of high-quality cotton yarn for various industries with ISO certification.
2005 | Erode, Tamil Nadu (India) | Active

Last Updated:

December 20, 2024
HomeCompanyPalani Vijay Cottspin Private Limited

Who are the key members and board of directors at Palani Vijay Cottspin?

Executive Team (1)

NameDesignationAppointment DateStatus
Appasamy Appasamy InManaging Director30-Nov-2005Current

Board Members(5)

NameDesignationAppointment DateStatus
Subramani Naicker In Director 01-Jul-2006Current
Baskar Subbarayalu In Director 22-Jul-2015Current
Velampatti Karuppusamy In Director 01-Jul-2006Current
Srinivasan Jeganiwas In Director 28-Jun-2021Current
Ramasamy Keerthi In Director 28-Jun-2021Current

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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-5.38%
Revenue from Operations
-5.38%
Total Assets
-1.04%
Profit or Loss
-51.40%
Net Worth
0.78%
EBITDA
-4.61%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹43.48 Cr

LenderAmountStatus

Sidbi

Creation Date: 09 Feb 2024
₹4.35 CrOpen

State Bank Of India

Creation Date: 22 Mar 2007
₹39.13 CrOpen

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.

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Latest Updates, News, and FAQs on Palani Vijay Cottspin

Recent activity within the organization

  • Annual General Meeting

    Palani Vijay Cottspin Private Limited last Annual general meeting of members was held on 18 Sep 2024 as per latest MCA records.

    18 Sep 2024

  • Charges

    A charge with State Bank Of India of Rs. 39.13 Cr registered on 22 Mar 2007 with Charge ID 10045696 was modified on 02 May 2024.

    02 May 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Sidbi amounted to Rs. 4.35 Cr with Charge ID 100861878 was registered on 09 Feb 2024.

    09 Feb 2024

  • Director Appointment

    Srinivasan Jeganiwas was appointed as a Director was appointed as a Director on 28 Jun 2021 & has been associated with this company since 3 years 5 months .

    28 Jun 2021

  • Director Appointment

    Ramasamy Keerthi was appointed as a Director was appointed as a Director on 28 Jun 2021 & has been associated with this company since 3 years 5 months .

    28 Jun 2021

Frequently asked questions

  • Palani Vijay Cottspin Private Limited was incorporated on 30 Nov 2005.

  • The authorized share capital of Palani Vijay Cottspin Private Limited is ₹ 21.00 Cr and paid-up capital is ₹ 18.70 Cr.

  • Currently 6 directors are associated with Palani Vijay Cottspin Private Limited.

    • Subramani Ramasamy Naicker
    • Baskar Subbarayalu
    • Appasamy Ramalinga Appasamy
    • Velampatti Sellamuthu Karuppusamy
    • Srinivasan Jeganiwas
    • Ramasamy Keerthi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Palani Vijay Cottspin Private Limited is No 3/101 To Palani Main Road Bommanallur Post, Tk India, Dharapuram, Tamil Nadu, 638673.

  • The corporate identification number (CIN) of Palani Vijay Cottspin Private Limited is U17111TZ2005PTC012326 and the company number is 012326 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Palani Vijay Cottspin Private Limited is https://www.palanivijay.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Palani Vijay Cottspin Private Limited has fallen by -5.38%.

  • As Per 2020 financial reports, 258 employees are currently employed by Palani Vijay Cottspin Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Palani Vijay Cottspin Private Limited has experienced an upsurge of 0.78%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Palani Vijay Cottspin Private Limited amount to ₹ 43.48 Cr.

  • The most recent Balance Sheet for Palani Vijay Cottspin Private Limited was filed with the ROC on 31 Mar 2024.

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