Pallava Textiles Private Limited

Textile company producing grey fabric, viscose yarn, and blended yarn varieties since 1995.

1995 | Namakkal, Tamil Nadu (India) | Active
Last Updated:

Pallava Textiles Profile

Key Indicators

  • Authorised Capital ₹ 55.30 Cr
  • Paid Up Capital ₹ 23.16 Cr
  • Company Age 30 Year, 19 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 866.90 Cr
  • Satisfied Charges ₹ 579.37 Cr
  • Revenue Growth 8.18%
  • Profit Growth -65.93%
  • Ebitda -43.75%
  • Net Worth 11.09%
  • Total Assets 8.70%

About Pallava Textiles

Pallava Textiles Private Limited (PTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 March 1995 and has a history of 30 years. Its registered office is in Namakkal, Tamil Nadu, India.

The Corporate was formerly known as Pallava Textile Private Limited. 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 55.30 Cr and a paid-up capital of Rs 23.16 Cr.

The company currently has active open charges totaling ₹866.90 Cr. The company has closed loans amounting to ₹579.37 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Pallava Textiles Private Limited India is Ramasamy Shanmugam as COMPANY SECRETARY. Sengodagounder Muthusamy, Muthusamy Devarajan, Govindampalyam Palanisamy, and Five other members serve as directors at the Company.

Company Details

  • Location

    Namakkal, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1995PTC005909

  • Company No.

    005909

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Mar 1995

  • Date of AGM

    29 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 Textiles?

Executive Team (1)

NameDesignationAppointment DateStatus
Ramasamy Shanmugam Country flag representing In Company Secretary02-May-2022Current

Board Members (8)

NameDesignationAppointment DateStatus
Sengodagounder Muthusamy Country flag representing In Director 10-Mar-1995Current
Muthusamy Devarajan Country flag representing In Director 10-Mar-1995Current
Govindampalyam Palanisamy Country flag representing In Director 10-Mar-1995Current
Ravichandran Muralidharan Country flag representing In Director 01-May-2022Current
Devaraj Naveenkumar Country flag representing In Director 29-Aug-2012Current
Palanisamy Duraiswamy Country flag representing In Director 10-Mar-1995Current

Financial Performance of Pallava Textiles.

Pallava Textiles Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.18% increase. The company also saw a substantial fall in profitability, with a 65.93% decrease in profit. The company's net worth Soared by an impressive increase of 11.09%.

Pallava Textiles revenue growth over time
Pallava Textiles 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
8.18%
Revenue from Operations
8.58%
Total Assets
8.70%
Profit or Loss
-65.93%
Net Worth
11.09%
EBITDA
-43.75%

What is the Ownership and Shareholding Structure of Pallava Textiles?

In 2023, Pallava 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

₹866.90 Cr

Satisfied Charges

₹579.37 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 490.00 Cr
  • Axis Bank Limited : 169.50 Cr
  • State Bank Of India : 157.40 Cr
  • Citi Bank N.A. : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Jul 2024Hdfc Bank Limited₹50.00 CrOpen
12 Jun 2024Hdfc Bank Limited₹30.00 CrOpen
09 Oct 2023Axis Bank Limited₹30.00 CrOpen
26 Aug 2023Hdfc Bank Limited₹85.00 CrOpen
26 Aug 2023Hdfc Bank Limited₹30.00 CrOpen

How Many Employees Work at Pallava Textiles?

Pallava Textiles has a workforce of 1927 employees as of Apr 04, 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.

Employee growth trends for Pallava Textiles Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pallava 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 Pallava 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 Pallava Textiles

Recent activity within the organization

  • Charges

    A charge registered on 09 Feb 2022 via Charge ID 100543268 with Citi Bank N.A. was fully satisfied on 07 Aug 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 50.00 Cr with Charge ID 100944914 was registered on 06 Jul 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 30.00 Cr with Charge ID 100938001 was registered on 12 Jun 2024.

  • Charges

    A charge registered on 06 Feb 2021 via Charge ID 100415671 with Standard Chartered Bank was fully satisfied on 10 Jun 2024.

  • Charges

    A charge registered on 06 Feb 2021 via Charge ID 100415670 with Standard Chartered Bank was fully satisfied on 10 Jun 2024.

  • Charges

    A charge with Axis Bank Limited of Rs. 30.00 Cr registered on 09 Oct 2023 with Charge ID 100801846 was modified on 23 Apr 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Pallava Textiles Private Limited?

    Pallava Textiles Private Limited was incorporated on 10 Mar 1995.

  • What is authorized share capital and paid-up capital of Pallava Textiles Private Limited?

    The authorized share capital of Pallava Textiles Private Limited is ₹ 55.30 Cr and paid-up capital is ₹ 23.16 Cr.

  • Who are the current board members & directors of Pallava Textiles Private Limited?

    Currently 9 directors are associated with Pallava Textiles Private Limited.

    • Sengodagounder Muthusamy
    • Muthusamy Palanisamy Devarajan
    • Govindampalyam Muthusamy Palanisamy
    • Ravichandran Muralidharan
    • Devaraj Naveenkumar
    • Ramasamy Shanmugam
    • Palanisamy Duraiswamy
    • Muthusamy Ravichandran
    • Sengoda Gounder Palanisamy Valliyappa Gounder

  • What is the registered address of Pallava Textiles Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Pallava Textiles Private Limited is 27 C Sankari Bye Pass Road Pallipalayam India, Erode, Tamil Nadu, 638006.

  • What is the corporate identification number (CIN) and company number of Pallava Textiles Private Limited?

    The corporate identification number (CIN) of Pallava Textiles Private Limited is U17111TZ1995PTC005909 and the company number is 005909 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Pallava Textiles Private Limited?

    The Official website of Pallava Textiles Private Limited is https://www.pallavaagroup.com

  • What has been the recent revenue trend for Pallava Textiles Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Pallava Textiles Private Limited has risen by 8.18%.

  • How many employees does Pallava Textiles Private Limited currently have?

    As Per 2023 financial reports, 1927 employees are currently employed by Pallava Textiles Private Limited.

  • What change has been observed in the net worth of Pallava Textiles Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Pallava Textiles Private Limited has experienced an upsurge of 11.09%.

  • What are the total open charges for Pallava Textiles Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Pallava Textiles Private Limited amount to ₹ 866.90 Cr.

  • When was the last Balance Sheet of Pallava Textiles Private Limited filed with the ROC?

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

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