Pallipalayam Spinners Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 3.08 M
- Company Age 50 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 144.57 Cr
- Revenue Growth 1.54%
- Profit Growth 1397.11%
- Ebitda -3.41%
- Net Worth 20.42%
- Total Assets 17.58%
About Pallipalayam Spinners
Pallipalayam Spinners Private Limited (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 February 1974 and has a history of 50 years and 11 months. Its registered office is in Namakkal, Tamil Nadu, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 3.08 M.
The company has closed loans amounting to ₹144.57 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Alok Khemka, Kulandaivelu Ashokkumar, Sairam Karthikeyan, and One other member serve as directors at the Company.
Company Details
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Location
Namakkal, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17111TZ1974PTC000691
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Company No.
000691
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
21 Feb 1974
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Pallipalayam Spinners?
Board Members (4)
Name | Designation | Appointment Date | Status |
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Alok Khemka
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Director | 01-Feb-2019 | Current |
Kulandaivelu Ashokkumar
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Director | 20-May-2010 | Current |
Sairam Karthikeyan
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Director | 29-Sep-2004 | Current |
Pachakgounder Nagarajan
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Director | 25-Jul-1985 | Current |
Financial Performance of Pallipalayam Spinners.
Pallipalayam Spinners Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.54% increase. The company also saw a substantial improvement in profitability, with a 1397.11% increase in profit. The company's net worth Soared by an impressive increase of 20.42%.
![Graph illustrating revenue growth over time](/Images/financial/revenue-growth.webp)
![Graph showing profit and loss trends over time](/Images/financial/profit-loss.webp)
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Pallipalayam Spinners?
In 2021, Pallipalayam Spinners 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](/Images/tcc-login/Shareholding-Indiacator-1200.webp)
Charges (Loans)
₹0
₹144.57 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 99.11 Cr
- Indian Overseas Bank : 25.45 Cr
- The South Indian Bank Limited : 5.33 Cr
- The South Indian Bank Ltd : 3.33 Cr
- Icici Ltd : 2.50 Cr
- Others : 8.87 Cr
Latest Charge Details
Date | Lender | Amount | Status |
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30 Mar 2010 | Indian Overseas Bank | ₹7.00 Cr | Satisfied |
30 Mar 2010 | Indian Overseas Bank | ₹12.80 Cr | Satisfied |
30 Mar 2010 | Indian Overseas Bank | ₹1.50 Cr | Satisfied |
04 Jul 2006 | State Bank Of India | ₹37.50 Cr | Satisfied |
09 Nov 2005 | The South India Bank Ltd | ₹0.00 | Satisfied |
How Many Employees Work at Pallipalayam Spinners?
Pallipalayam Spinners has a workforce of 1 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](/Images/tcc-login/Employee-Graph.webp)
Deals i
![Graph showing company valuation over time](/Images/tcc-login/Valuation-Graph-small.webp)
Gain comprehensive insights into the Deals and Valuation data of Pallipalayam Spinners, 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 Pallipalayam Spinners's trajectory.
Rating
![Graph displaying rating trends over time](/Images/tcc-login/Rating-Graph-small.webp)
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](/Images/tcc-login/Alert-Indicator-small.webp)
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.