Palomar Textiles Limited

Founded in 1990 and headquartered in Gujarat, India.

1990 | Surat, Gujarat (India) | Active
Last Updated:

Palomar Textiles Profile

Key Indicators

  • Authorised Capital ₹ 4.60 Cr
  • Paid Up Capital ₹ 0.80 M
  • Company Age 34 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.93 Cr

About Palomar Textiles

Palomar Textiles Limited (PTL) is a Public Limited Indian Non-Government Company incorporated in India on 19 November 1990 and has a history of 34 years and four months. Its registered office is in Surat, Gujarat, India.

The Company is engaged in the Trading 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 4.60 Cr and a paid-up capital of Rs 0.80 M.

The company has closed loans amounting to ₹3.93 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Praful Shah, Alok Shah, and Suhail Shah serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65990GJ1990PLC014657

  • Company No.

    014657

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Nov 1990

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Trading

Who are the key members and board of directors at Palomar Textiles?

Board Members (3)

NameDesignationAppointment DateStatus
Praful Shah Country flag representing In Director 11-Dec-2009Current
Alok Shah Country flag representing In Director 11-Dec-2009Current
Suhail Shah Country flag representing In Director 11-Dec-2009Current

Financial Performance of Palomar Textiles.

Palomar Textiles Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Palomar Textiles revenue growth over time
Palomar 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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Palomar Textiles?

In 2017, Palomar Textiles had a promoter holding of 75.93% and a public holding of 24.08%. 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

₹3.93 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 3.93 Cr

Latest Charge Details

DateLenderAmountStatus
28 Dec 2017Idbi Trusteeship Services Limited₹3.93 CrSatisfied

How Many Employees Work at Palomar Textiles?

Unlock and access historical data on people associated with Palomar Textiles, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Palomar Textiles Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Palomar Textiles Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Palomar Textiles Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 28 Dec 2017 via Charge ID 100158723 with Idbi Trusteeship Services Limited was fully satisfied on 03 May 2021.

  • Charges

    A charge with Idbi Trusteeship Services Limited amounted to Rs. 3.93 Cr with Charge ID 100158723 was registered on 28 Dec 2017.

  • Director Appointment

    Praful Amichand Shah was appointed as a Director was appointed as a Director on 11 Dec 2009 & has been associated with this company since 15 years 3 months .

  • Director Appointment

    Alok Praful Shah was appointed as a Director was appointed as a Director on 11 Dec 2009 & has been associated with this company since 15 years 3 months .

Frequently asked questions

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

    Palomar Textiles Limited was incorporated on 19 Nov 1990.

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

    The authorized share capital of Palomar Textiles Limited is ₹ 4.60 Cr and paid-up capital is ₹ 0.80 M.

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

    Currently 3 directors are associated with Palomar Textiles Limited.

    • Praful Amichand Shah
    • Alok Praful Shah
    • Suhail Praful Shah

  • What is the registered address of Palomar Textiles Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Palomar Textiles Limited is Dr Amichand Shah Wadirampura Tunki India, Surat, Gujarat, 395003.

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

    The corporate identification number (CIN) of Palomar Textiles Limited is U65990GJ1990PLC014657 and the company number is 014657 as per Ministry of Corporate Affairs (MCA).

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

    The most recent Balance Sheet for Palomar Textiles Limited was filed with the ROC on 31 Mar 2024.

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