Palash Tex Fab Private Limited

Textile manufacturing and processing of various fibers and fabrics.

2009 | Surat, Gujarat (India) | Active
Last Updated: July 08, 2024

Palash Tex Fab Profile

Key Indicators

  • Authorised Capital ₹ 1.60 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 15 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.22 Cr
  • Revenue Growth 28.80%
  • Profit Growth 33.33%
  • Ebitda -428.35%
  • Net Worth -4.29%
  • Total Assets 5.02%

About Palash Tex Fab

Palash Tex Fab Private Limited (PTFPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 September 2009 and has a history of 15 years and four months. Its registered office is in Surat, Gujarat, India.

The Company is engaged in the Home & Lifestyle Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.60 M and a paid-up capital of Rs 1.50 M.

The company has closed loans amounting to ₹1.22 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sanjay Mehta and Mukesh Mehta 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

    U17120GJ2009PTC058199

  • Company No.

    058199

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Sep 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Home & Lifestyle

Who are the key members and board of directors at Palash Tex Fab?

Board Members (2)

Name Designation Appointment Date Status
Mukesh Mehta Country flag representing In Director 16-Sep-2013 Current
Sanjay Mehta Country flag representing In Director 15-Jan-2016 Current

Financial Performance of Palash Tex Fab.

Palash Tex Fab Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.8% increase. The company also saw a substantial improvement in profitability, with a 33.33% increase in profit. The company's net worth dipped by a decrease of 4.29%.

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
28.80%
Revenue from Operations
22.88%
Total Assets
5.02%
Profit or Loss
33.33%
Net Worth
-4.29%
EBITDA
-428.35%

What is the Ownership and Shareholding Structure of Palash Tex Fab?

In 2023, Palash Tex Fab had a promoter holding of 25.27% and a public holding of 74.73%. 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

₹12.20 M

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 1.22 Cr

Latest Charge Details

Date Lender Amount Status
24 Apr 2014 Indian Overseas Bank ₹1.22 Cr Satisfied

How Many Employees Work at Palash Tex Fab?

Unlock and access historical data on people associated with Palash Tex Fab, 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 Palash Tex Fab, 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 Palash Tex Fab'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 Palash Tex Fab

Recent activity within the organization

  • Annual General Meeting

    Palash Tex Fab Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Palash Tex Fab Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 24 Apr 2014 via Charge ID 10514151 with Indian Overseas Bank was fully satisfied on 17 Mar 2020.

    17 Mar 2020

  • Director Appointment

    Sanjay Kumar Mehta was appointed as a Director was appointed as a Director on 15 Jan 2016 & has been associated with this company since 9 years 18 days .

    15 Jan 2016

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 12.20 M with Charge ID 10514151 was registered on 24 Apr 2014.

    24 Apr 2014

  • Director Appointment

    Mukesh Kumar Mehta was appointed as a Director was appointed as a Director on 16 Sep 2013 & has been associated with this company since 11 years 4 months .

    16 Sep 2013

Frequently asked questions

  • Palash Tex Fab Private Limited was incorporated on 25 Sep 2009.

  • The authorized share capital of Palash Tex Fab Private Limited is ₹ 1.60 M and paid-up capital is ₹ 1.50 M.

  • Currently 2 directors are associated with Palash Tex Fab Private Limited.

    • Sanjay Kumar Mehta
    • Mukesh Kumar Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Palash Tex Fab Private Limited is Flat No 305 Divyakanti Appartment Parle Point, Surat, Gujarat, India, 395002.

  • The corporate identification number (CIN) of Palash Tex Fab Private Limited is U17120GJ2009PTC058199 and the company number is 058199 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Palash Tex Fab Private Limited has risen by 28.80%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Palash Tex Fab Private Limited has experienced an downturn of -4.29%.

  • The most recent Balance Sheet for Palash Tex Fab Private Limited was filed with the ROC on 31 Mar 2023.

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