Pallipalayam Spinners Private Limited

Textile company that produces and exports various types of yarn to European countries.

1974 | Namakkal, Tamil Nadu (India) | Active
Last Updated:

Pallipalayam Spinners Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.08 M
  • Company Age 51 Year, 2 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) was founded in India on 21 February 1974 and has a glorious history of 51 years and two 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

  • Location

    Namakkal, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1974PTC000691

  • Company No.

    000691

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Feb 1974

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing
Company report

Pallipalayam Spinners Private Limited

Explore comprehensive data for Pallipalayam Spinners Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Pallipalayam Spinners?

Board Members (4)

NameDesignationAppointment DateStatus
Alok Khemka Country flag representing In Director 01-Feb-2019Current
Kulandaivelu Ashokkumar Country flag representing In Director 20-May-2010Current
Sairam Karthikeyan Country flag representing In Director 29-Sep-2004Current
Pachakgounder Nagarajan Country flag representing In Director 25-Jul-1985Current

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%.

Pallipalayam Spinners revenue growth over time
Pallipalayam Spinners 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
1.54%
Revenue from Operations
Total Assets
17.58%
Profit or Loss
1397.11%
Net Worth
20.42%
EBITDA
-3.41%

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

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹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

DateLenderAmountStatus
30 Mar 2010Indian Overseas Bank₹7.00 CrSatisfied
30 Mar 2010Indian Overseas Bank₹12.80 CrSatisfied
30 Mar 2010Indian Overseas Bank₹1.50 CrSatisfied
04 Jul 2006State Bank Of India₹37.50 CrSatisfied
09 Nov 2005The South India Bank Ltd₹0.00Satisfied

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.

Employee growth trends for Pallipalayam Spinners Private Limited

Deals i

Graph showing company valuation over time

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

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 Pallipalayam Spinners

Recent activity within the organization

  • Annual General Meeting

    Pallipalayam Spinners Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Pallipalayam Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Director Appointment

    Alok Khemka was appointed as a Director was appointed as a Director on 01 Feb 2019 & has been associated with this company since 6 years 3 months .

  • Charges

    A charge registered on 30 Mar 2010 via Charge ID 10219139 with Indian Overseas Bank was fully satisfied on 25 Sep 2015.

  • Charges

    A charge registered on 04 Jul 2006 via Charge ID 10017121 with State Bank Of India was fully satisfied on 18 Sep 2014.

  • Charges

    A charge registered on 27 Aug 2004 via Charge ID 90007213 with State Bank Of India was fully satisfied on 18 Sep 2014.

Frequently asked questions

  • What is the Incorporation or founding date of Pallipalayam Spinners Private Limited?

    Pallipalayam Spinners Private Limited was incorporated on 21 Feb 1974.

  • What is authorized share capital and paid-up capital of Pallipalayam Spinners Private Limited?

    The authorized share capital of Pallipalayam Spinners Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 3.08 M.

  • Who are the current board members & directors of Pallipalayam Spinners Private Limited?

    Currently 4 directors are associated with Pallipalayam Spinners Private Limited.

    • Alok Khemka
    • Kulandaivelu Ashokkumar
    • Sairam Karthikeyan
    • Pachakgounder Palaniappan Nagarajan

  • What is the registered address of Pallipalayam Spinners Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Pallipalayam Spinners Private Limited is 14-Asankari Byepass Road Pallipalayam India, Erode, Tamil Nadu, 638006.

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

    The corporate identification number (CIN) of Pallipalayam Spinners Private Limited is U17111TZ1974PTC000691 and the company number is 000691 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Pallipalayam Spinners Private Limited?

    The Official website of Pallipalayam Spinners Private Limited is https://www.pallipalayamspinners.com

  • What has been the recent revenue trend for Pallipalayam Spinners Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Pallipalayam Spinners Private Limited has risen by 1.54%.

  • How many employees does Pallipalayam Spinners Private Limited currently have?

    As Per 2023 financial reports, 1 employees are currently employed by Pallipalayam Spinners Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Pallipalayam Spinners Private Limited has experienced an upsurge of 20.42%.

  • When was the last Balance Sheet of Pallipalayam Spinners Private Limited filed with the ROC?

    The most recent Balance Sheet for Pallipalayam Spinners Private Limited was filed with the ROC on 31 Mar 2024.

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