Palladam Hi-Tech Weaving Park

Textile park supporting weaving, garments, confection, knitting, embroidery, and yarn stocking units.

2003 | Palladam, Tamil Nadu (India) | Active
Last Updated: December 30, 2024

Palladam Hi-Tech Weaving Park Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.71 Cr
  • Company Age 21 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 45.68 Cr
  • Revenue Growth 1.99%
  • Profit Growth 6.63%
  • Ebitda 19.36%
  • Net Worth -1.83%
  • Total Assets -6.80%

About Palladam Hi-Tech Weaving Park

Palladam Hi-Tech Weaving Park (PHWP) is a Public Not For Profit Company incorporated in India on 23 October 2003 and has a history of 21 years and three months. Its registered office is in Palladam, Tamil Nadu.

The Company is engaged in the Infrastructure And Utilities 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 3.00 Cr and a paid-up capital of Rs 1.71 Cr.

The company has closed loans amounting to ₹45.68 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Molathaanualasu Murugesan, Viswanathan Rajkumar, Perumalsamy Anand, and Five other members serve as directors at the Company.

Company Details

  • Location
    Palladam, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45208TZ2003NPL010809

  • Company No.

    010809

  • Company Classification

    Public Not For Profit Company

  • Incorporation Date

    23 Oct 2003

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Infrastructure and Utilities
Manufacturing

Who are the key members and board of directors at Palladam Hi-Tech Weaving Park?

Board Members (8)

NameDesignationAppointment DateStatus
Molathaanualasu Murugesan Country flag representing In Director 29-Sep-2022Current
Viswanathan Rajkumar Country flag representing In Director 30-Dec-2021Current
Perumalsamy Anand Country flag representing In Director 30-Sep-2010Current
Ramasamy Krishnamoorthy Country flag representing In Director 30-Dec-2021Current
Abiburahman Ibramshah Country flag representing In Director 29-Sep-2018Current
Karadikkoottam Rajmohan Country flag representing In Director 29-Sep-2018Current

Financial Performance of Palladam Hi-Tech Weaving Park.

Palladam Hi-Tech Weaving Park, for the financial year ended 2022, experienced modest growth in revenue, with a 1.99% increase. The company also saw a slight improvement in profitability, with a 6.63% increase in profit. The company's net worth dipped by a decrease of 1.83%.

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
1.99%
Revenue from Operations
8.54%
Total Assets
-6.80%
Profit or Loss
6.63%
Net Worth
-1.83%
EBITDA
19.36%

What is the Ownership and Shareholding Structure of Palladam Hi-Tech Weaving Park?

In 2022, Palladam Hi-Tech Weaving Park 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

₹0

Satisfied Charges

₹45.68 Cr

Charges Breakdown by Lending Institutions

  • Il & Fs Trust Company Limited : 33.68 Cr
  • Il And Fs Finance Trust Company Limited : 10.00 Cr
  • Il&Fs Financial Services Limited : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
25 Jun 2010Il&Fs Financial Services Limited₹2.00 CrSatisfied
17 Aug 2006Il & Fs Trust Company Limited₹33.68 CrSatisfied
21 Dec 2005Il And Fs Finance Trust Company Limited₹10.00 CrSatisfied

How Many Employees Work at Palladam Hi-Tech Weaving Park?

Palladam Hi-Tech Weaving Park has a workforce of 23 employees as of Apr 07, 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 Palladam Hi-Tech Weaving Park, 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 Palladam Hi-Tech Weaving Park'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 Palladam Hi-Tech Weaving Park

Recent activity within the organization

  • Director Appointment

    Sivakumar Subramaniam was appointed as a Nominee Director was appointed as a Nominee Director on 17 Nov 2024 & has been associated with this company since 2 months 15 days .

    17 Nov 2024

  • Annual General Meeting

    Palladam Hi-Tech Weaving Park last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Palladam Hi-Tech Weaving Park has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Director Appointment

    Molathaanualasu Murugesan was appointed as a Director was appointed as a Director on 29 Sep 2022 & has been associated with this company since 2 years 4 months .

    29 Sep 2022

  • Director Appointment

    Gopalakrishna Vasa was appointed as a Director was appointed as a Director on 29 Sep 2022 & has been associated with this company since 2 years 4 months .

    29 Sep 2022

  • Director Appointment

    Viswanathan Rajkumar was appointed as a Director was appointed as a Director on 30 Dec 2021 & has been associated with this company since 3 years 1 month .

    30 Dec 2021

Frequently asked questions

  • Palladam Hi-Tech Weaving Park was incorporated on 23 Oct 2003.

  • The authorized share capital of Palladam Hi-Tech Weaving Park is ₹ 3.00 Cr and paid-up capital is ₹ 1.71 Cr.

  • Currently 8 directors are associated with Palladam Hi-Tech Weaving Park.

    • Molathaanualasu Murugesan
    • Viswanathan Rajkumar
    • Perumalsamy Anand
    • Ramasamy Krishnamoorthy
    • Abiburahman Ibramshah
    • Karadikkoottam Ramachandran Rajmohan
    • Gopalakrishna Vasa
    • Sivakumar Subramaniam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Palladam Hi-Tech Weaving Park is S.F.No.290/1 Sukkampalayam, K.N.Puram Post India, Palladam, Tamil Nadu, 641682.

  • The corporate identification number (CIN) of Palladam Hi-Tech Weaving Park is U45208TZ2003NPL010809 and the company number is 010809 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Palladam Hi-Tech Weaving Park is https://www.phwp.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Palladam Hi-Tech Weaving Park has risen by 1.99%.

  • As Per 2022 financial reports, 23 employees are currently employed by Palladam Hi-Tech Weaving Park.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Palladam Hi-Tech Weaving Park has experienced an downturn of -1.83%.

  • The most recent Balance Sheet for Palladam Hi-Tech Weaving Park was filed with the ROC on 31 Mar 2024.

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