Palar Paper Mills Limited
Produces pulp, paper, and paperboard for various industries.
1996 | A Street, Tamil Nadu (India) | Active
Palar Paper Mills Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 9.95 Cr
- Company Age 29 Year, 2 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 22.91 Cr
- Satisfied Charges ₹ 21.16 Cr
- Revenue Growth 1088.31%
- Profit Growth -97.72%
- Ebitda 311.05%
- Net Worth 0.01%
- Total Assets 27.51%
About Palar Paper Mills
Palar Paper Mills Limited (PPML) is a Public Limited Indian Non-Government Company incorporated in India on 12 January 1996 and has a history of 29 years and two months. Its registered office is in A Street, Tamil Nadu.
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 2022. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 9.95 Cr.
The company currently has active open charges totaling ₹22.91 Cr. The company has closed loans amounting to ₹21.16 Cr, as per Ministry of Corporate Affairs (MCA) records.
Thanigaivel Kalyanasundaram, Mohanbabu Balaiah, Sanjeev, and One other member serve as directors at the Company.
Company Details
- Location A Street, Tamil Nadu
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U21093TN1996PLC034186
- Company No.
034186
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
12 Jan 1996
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Manufacturing
Palar Paper Mills Limited
Explore comprehensive data for Palar Paper Mills Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Palar Paper Mills?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Thanigaivel Kalyanasundaram  | Director | 12-Jan-1996 | Current |
| Mohanbabu Balaiah | Additional Director | 29-May-2020 | Current |
| Sanjeev | Additional Director | 29-May-2020 | Current |
| Murali Swathi | Additional Director | 09-Jul-2021 | Current |
Financial Performance of Palar Paper Mills.
Palar Paper Mills Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 1088.31% increase. The company also saw a substantial fall in profitability, with a 97.72% decrease in profit. The company's net worth moved up by a moderate rise of 0.01%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Palar Paper Mills?
In 2022, Palar Paper Mills had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Nagsa Business Centre Hyd Private Limited
Mohanbabu Balaiah is a mutual person
Charges (Loans)
Open Charges
₹22.91 Cr
Satisfied Charges
₹21.16 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 21.21 Cr
- State Industries Promotion Corpn. Of Tamil Nadu Limited : 1.70 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Dec 2021 | Canara Bank | ₹9.50 Cr | Open |
| 28 Dec 2017 | Canara Bank | ₹11.71 Cr | Open |
| 23 Mar 1998 | State Industries Promotion Corpn. Of Tamil Nadu Limited | ₹1.70 Cr | Open |
| 13 Jul 2004 | The South Indian Bank Limited | ₹3.10 Cr | Satisfied |
| 13 Jul 2004 | The South Indian Bank Ltd. | ₹16.61 Cr | Satisfied |
How Many Employees Work at Palar Paper Mills?
Unlock and access historical data on people associated with Palar Paper Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Palar Paper Mills, 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 Palar Paper Mills'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.
Latest Updates, News, and FAQs on Palar Paper Mills
Recent activity within the organization
- Charges
A charge with Canara Bank of Rs. 9.50 Cr registered on 31 Dec 2021 with Charge ID 100528754 was modified on 27 Dec 2023.
- Annual General Meeting
Palar Paper Mills Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
- Balance Sheet
Palar Paper Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.
- Charges
A charge registered on 26 Mar 1998 via Charge ID 90284622 with The Tamilnadu Industrial Investment Corpn. Ltd. was fully satisfied on 24 Mar 2022.
- Charges
A charge registered on 13 Jul 2004 via Charge ID 90283289 with The South Indian Bank Ltd. was fully satisfied on 15 Feb 2022.
- Charges
A charge registered on 13 Jul 2004 via Charge ID 90282503 with The South Indian Bank Limited was fully satisfied on 15 Feb 2022.
Frequently asked questions
What is the Incorporation or founding date of Palar Paper Mills Limited?
Palar Paper Mills Limited was incorporated on 12 Jan 1996.
What is authorized share capital and paid-up capital of Palar Paper Mills Limited?
The authorized share capital of Palar Paper Mills Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.95 Cr.
Who are the current board members & directors of Palar Paper Mills Limited?
Currently 4 directors are associated with Palar Paper Mills Limited.
- Thanigaivel Kalyanasundaram
- Mohanbabu Balaiah
- Sanjeev
- Murali Swathi
What is the registered address of Palar Paper Mills Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Palar Paper Mills Limited is No 4 Chunnam Bukkar A India, A Street, Tamil Nadu.
What is the corporate identification number (CIN) and company number of Palar Paper Mills Limited?
The corporate identification number (CIN) of Palar Paper Mills Limited is U21093TN1996PLC034186 and the company number is 034186 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Palar Paper Mills Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Palar Paper Mills Limited has risen by 1088.31%.
What change has been observed in the net worth of Palar Paper Mills Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Palar Paper Mills Limited has experienced an upsurge of 0.01%.
What are the total open charges for Palar Paper Mills Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Palar Paper Mills Limited amount to ₹ 22.91 Cr.
When was the last Balance Sheet of Palar Paper Mills Limited filed with the ROC?
The most recent Balance Sheet for Palar Paper Mills Limited was filed with the ROC on 31 Mar 2022.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
SS
Sankar SubramaniamDirectorAB
Asokan BabuDirectorMG
Mahalingam GanesanManaging DirectorMP
Mahalingam PradeepAdditional DirectorPP
Pappanallur PadmanabanAdditional Director