Palla Textiles Private Limited

Manufacturer and trader of pure and mixed silk sarees, sourcing from small scale weavers.

2009 | Ananthapur, Andhra Pradesh (India) | Active
Last Updated: November 16, 2024

Palla Textiles Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.86 Cr
  • Company Age 15 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 38.61 Cr
  • Satisfied Charges ₹ 59.30 Cr
  • Revenue Growth %
  • Profit Growth -793.22%
  • Ebitda -793.22%
  • Net Worth -1.11%
  • Total Assets -1.11%

About Palla Textiles

Palla Textiles Private Limited (PTPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 April 2009 and has a history of 15 years and nine months. Its registered office is in Ananthapur, Andhra Pradesh, 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 5.00 Cr and a paid-up capital of Rs 3.86 Cr.

The company currently has active open charges totaling ₹38.61 Cr. The company has closed loans amounting to ₹59.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Lakshminarayana Palla, Lakshmi Palla, and Palla Kiran serve as directors at the Company.

Company Details

  • Location

    Ananthapur, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17299AP2009PTC063279

  • Company No.

    063279

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Apr 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Home & Lifestyle

Who are the key members and board of directors at Palla Textiles?

Board Members (3)

Name Designation Appointment Date Status
Lakshminarayana Palla Country flag representing In Director 06-Apr-2009 Current
Lakshmi Palla Country flag representing In Additional Director 09-Oct-2024 Current
Palla Kiran Country flag representing In Director 01-Nov-2021 Current

Financial Performance of Palla Textiles.

Palla Textiles Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 793.22% decrease in profit. The company's net worth dipped by a decrease of 1.11%.

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
Revenue from Operations
Total Assets
-1.11%
Profit or Loss
-793.22%
Net Worth
-1.11%
EBITDA
-793.22%

What is the Ownership and Shareholding Structure of Palla Textiles?

In 2023, Palla Textiles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹38.61 Cr

Satisfied Charges

₹59.30 Cr

Charges Breakdown by Lending Institutions

  • Others : 38.61 Cr

Latest Charge Details

Date Lender Amount Status
13 Oct 2021 Others ₹1.07 Cr Open
20 Aug 2020 Others ₹2.40 Cr Open
12 Aug 2020 Others ₹2.14 Cr Open
29 Jan 2020 Others ₹21.00 Cr Open
10 Feb 2016 Others ₹12.00 Cr Open

How Many Employees Work at Palla Textiles?

Palla Textiles has a workforce of 0 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palla Textiles, 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 Palla Textiles'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 Palla Textiles

Recent activity within the organization

  • Director Appointment

    Lakshmi Kumar Palla was appointed as a Additional Director was appointed as a Additional Director on 09 Oct 2024 & has been associated with this company since 3 months 24 days .

    09 Oct 2024

  • Charges

    A charge with Others of Rs. 21.00 Cr registered on 29 Jan 2020 with Charge ID 100325701 was modified on 28 Mar 2024.

    28 Mar 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Palla Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Director Appointment

    Palla Vajra Kiran was appointed as a Director was appointed as a Director on 01 Nov 2021 & has been associated with this company since 3 years 3 months .

    01 Nov 2021

  • Charges

    A charge with Others amounted to Rs. 1.07 Cr with Charge ID 100517812 was registered on 13 Oct 2021.

    13 Oct 2021

Frequently asked questions

  • Palla Textiles Private Limited was incorporated on 06 Apr 2009.

  • The authorized share capital of Palla Textiles Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.86 Cr.

  • Currently 3 directors are associated with Palla Textiles Private Limited.

    • Lakshminarayana Palla
    • Lakshmi Kumar Palla
    • Palla Vajra Kiran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Palla Textiles Private Limited is No.27-7-17/1 Near Panduranga Swamy Temple Muddireddipalli, India, Hindupur, Andhra Pradesh, 515202.

  • The corporate identification number (CIN) of Palla Textiles Private Limited is U17299AP2009PTC063279 and the company number is 063279 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2023 indicates that The net worth of Palla Textiles Private Limited has experienced an downturn of -1.11%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Palla Textiles Private Limited amount to ₹ 38.61 Cr.

  • The most recent Balance Sheet for Palla Textiles Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Textile Retail & Distribution