Pallava Spinning Mills Private Limited

Produces cotton yarn and fabrics since 1997, based in Coimbatore, Tamil Nadu.

1997 | Coimbatore Dist, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Pallava Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 9.00 M
  • Company Age 27 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 68.85 Cr
  • Satisfied Charges ₹ 115.25 Cr
  • Revenue Growth -22.78%
  • Profit Growth -92.97%
  • Ebitda -88.19%
  • Net Worth 1.29%
  • Total Assets 10.02%

About Pallava Spinning Mills

Pallava Spinning Mills Private Limited (PSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 June 1997 and has a history of 27 years and seven months. Its registered office is in Coimbatore Dist, 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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 9.00 M.

The company currently has active open charges totaling ₹68.85 Cr. The company has closed loans amounting to ₹115.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ammasaikutti and Dhanabakiyam serve as directors at the Company.

Company Details

  • Location Coimbatore Dist, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1997PTC009626

  • Company No.

    009626

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jun 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at Pallava Spinning Mills?

Board Members (2)

NameDesignationAppointment DateStatus
Ammasaikutti Country flag representing In Director 25-Jun-1997Current
Dhanabakiyam Country flag representing In Director 28-Oct-2015Current

Financial Performance of Pallava Spinning Mills.

Pallava Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 22.78% decrease. The company also saw a substantial fall in profitability, with a 92.97% decrease in profit. The company's net worth moved up by a moderate rise of 1.29%.

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
-22.78%
Revenue from Operations
-23.35%
Total Assets
10.02%
Profit or Loss
-92.97%
Net Worth
1.29%
EBITDA
-88.19%

What is the Ownership and Shareholding Structure of Pallava Spinning Mills?

In 2023, Pallava Spinning Mills had a promoter holding of 37.92% and a public holding of 62.08%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹68.85 Cr

Satisfied Charges

₹115.25 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 68.85 Cr

Latest Charge Details

DateLenderAmountStatus
12 Jul 2024Hdfc Bank Limited₹10.00 CrOpen
11 Feb 2021Hdfc Bank Limited₹8.17 CrOpen
08 Feb 2019Hdfc Bank Limited₹10.68 CrOpen
16 Nov 2017Hdfc Bank Limited₹40.00 CrOpen
02 Dec 2020Hdfc Bank Limited₹5.79 CrSatisfied

How Many Employees Work at Pallava Spinning Mills?

Pallava Spinning Mills has a workforce of 347 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 Pallava Spinning 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 Pallava Spinning Mills'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 Pallava Spinning Mills

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100957088 was registered on 12 Jul 2024.

    12 Jul 2024

  • Charges

    A charge registered on 02 Dec 2020 via Charge ID 100392040 with Hdfc Bank Limited was fully satisfied on 29 Apr 2024.

    29 Apr 2024

  • Charges

    A charge registered on 19 Sep 2018 via Charge ID 100214197 with Hdfc Bank Limited was fully satisfied on 29 Apr 2024.

    29 Apr 2024

  • Charges

    A charge registered on 19 Mar 2018 via Charge ID 100173549 with Hdfc Bank Limited was fully satisfied on 29 Apr 2024.

    29 Apr 2024

  • Charges

    A charge registered on 06 Jun 2017 via Charge ID 100122917 with Hdfc Bank Limited was fully satisfied on 29 Apr 2024.

    29 Apr 2024

  • Annual General Meeting

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

    30 Sep 2023

Frequently asked questions

  • Pallava Spinning Mills Private Limited was incorporated on 25 Jun 1997.

  • The authorized share capital of Pallava Spinning Mills Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 9.00 M.

  • Currently 2 directors are associated with Pallava Spinning Mills Private Limited.

    • Ammasaikutti
    • Dhanabakiyam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pallava Spinning Mills Private Limited is 20 Dharampuram Roadthillai Nagar Tirupur India, Coimbatore Dist, Tamil Nadu, 641608.

  • The corporate identification number (CIN) of Pallava Spinning Mills Private Limited is U17111TZ1997PTC009626 and the company number is 009626 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pallava Spinning Mills Private Limited has fallen by -22.78%.

  • As Per 2023 financial reports, 347 employees are currently employed by Pallava Spinning Mills Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pallava Spinning Mills Private Limited has experienced an upsurge of 1.29%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pallava Spinning Mills Private Limited amount to ₹ 68.85 Cr.

  • The most recent Balance Sheet for Pallava Spinning Mills Private Limited was filed with the ROC on 31 Mar 2023.

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