Panna Synthetics Private Limited

Textile manufacturing company established in 1988, based in Punjab.

1988 | Amritsar, Punjab (India) | Active
Last Updated:

Panna Synthetics Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.47 Cr
  • Company Age 36 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.48 M
  • Revenue Growth -91.95%
  • Profit Growth -57.94%
  • Ebitda 99.14%
  • Net Worth 1.36%
  • Total Assets 1.49%

About Panna Synthetics

Panna Synthetics Private Limited (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 September 1988 and has a history of 36 years and seven months. Its registered office is in Amritsar, Punjab, India.

The Corporate was formerly known as Panna Synthetics Ltd. 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 3.00 Cr and a paid-up capital of Rs 2.47 Cr.

The company currently has active open charges totaling ₹1.48 M.

Ritu Khanna, Vineet Aggarwal, Naresh Aggarwal, and Three other members serve as directors at the Company.

Company Details

  • Location

    Amritsar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17115PB1988PTC008705

  • Company No.

    008705

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Sep 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing
Company report

Panna Synthetics Private Limited

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

Who are the key members and board of directors at Panna Synthetics?

Board Members (6)

NameDesignationAppointment DateStatus
Ritu Khanna Country flag representing In Director 25-Feb-2009Current
Vineet Aggarwal Country flag representing In Director 01-Oct-2013Current
Naresh Aggarwal Country flag representing In Director 01-Oct-2013Current
Gulshan Khanna Country flag representing In Director 21-Nov-2013Current
Rajiv Khanna Country flag representing In Director 01-Jan-1990Current
Mohinder Kumar Country flag representing In Director 01-Mar-2008Current

Financial Performance of Panna Synthetics.

Panna Synthetics Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 91.95% decrease. The company also saw a substantial fall in profitability, with a 57.94% decrease in profit. The company's net worth moved up by a moderate rise of 1.36%.

Panna Synthetics revenue growth over time
Panna Synthetics 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
-91.95%
Revenue from Operations
Total Assets
1.49%
Profit or Loss
-57.94%
Net Worth
1.36%
EBITDA
99.14%

What is the Ownership and Shareholding Structure of Panna Synthetics?

In 2022, Panna Synthetics 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

₹0.15 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
18 May 1991Punjab National Bank₹0.98 MOpen
16 Oct 1990Punjab National Bank₹0.50 MOpen

How Many Employees Work at Panna Synthetics?

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

Employee growth trends for Panna Synthetics Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Panna Synthetics, 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 Panna Synthetics'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 Panna Synthetics

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Panna Synthetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Director Appointment

    Gulshan Khanna was appointed as a Director was appointed as a Director on 21 Nov 2013 & has been associated with this company since 11 years 5 months .

  • Director Appointment

    Vineet Aggarwal was appointed as a Director was appointed as a Director on 01 Oct 2013 & has been associated with this company since 11 years 7 months .

  • Director Appointment

    Naresh Aggarwal was appointed as a Director was appointed as a Director on 01 Oct 2013 & has been associated with this company since 11 years 7 months .

  • Director Appointment

    Ritu Khanna was appointed as a Director was appointed as a Director on 25 Feb 2009 & has been associated with this company since 16 years 2 months .

Frequently asked questions

  • What is the Incorporation or founding date of Panna Synthetics Private Limited?

    Panna Synthetics Private Limited was incorporated on 23 Sep 1988.

  • What is authorized share capital and paid-up capital of Panna Synthetics Private Limited?

    The authorized share capital of Panna Synthetics Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.47 Cr.

  • Who are the current board members & directors of Panna Synthetics Private Limited?

    Currently 6 directors are associated with Panna Synthetics Private Limited.

    • Ritu Khanna
    • Vineet Aggarwal
    • Naresh Aggarwal
    • Gulshan Khanna
    • Rajiv Khanna
    • Mohinder Aggarwal Kumar

  • What is the registered address of Panna Synthetics Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Panna Synthetics Private Limited is 60 Green Aveueamritsar India, Punjab, 143001.

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

    The corporate identification number (CIN) of Panna Synthetics Private Limited is U17115PB1988PTC008705 and the company number is 008705 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Panna Synthetics Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Panna Synthetics Private Limited has fallen by -91.95%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Panna Synthetics Private Limited has experienced an upsurge of 1.36%.

  • What are the total open charges for Panna Synthetics Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Panna Synthetics Private Limited amount to ₹ 1.48 M.

  • When was the last Balance Sheet of Panna Synthetics Private Limited filed with the ROC?

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

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