Pavathal Spinning Mills Private Limited

Manufacturer of blended and polyester yarn, specializing in viscose yarn from 18's to 40's count.

1982 | Dindigul, Tamil Nadu (India) | Active
Last Updated:

Pavathal Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.82 Cr
  • Company Age 42 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 32.67 Cr
  • Satisfied Charges ₹ 16.89 Cr
  • Revenue Growth -15.82%
  • Profit Growth 22.15%
  • Ebitda -43.50%
  • Net Worth 1.81%
  • Total Assets 36.07%

About Pavathal Spinning Mills

Pavathal Spinning Mills Private Limited (PSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 April 1982 and has a history of 42 years and 11 months. Its registered office is in Dindigul, Tamil Nadu, India.

The Corporate was formerly known as Palani Karthik Spinning Mills Private Limted. 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 2.82 Cr.

The company currently has active open charges totaling ₹32.67 Cr. The company has closed loans amounting to ₹16.89 Cr, as per Ministry of Corporate Affairs (MCA) records.

Thangaraj Raj, Sathasivam Kumar, and Sadhasivam Sureshkumar serve as directors at the Company.

Company Details

  • Location

    Dindigul, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1982PTC001169

  • Company No.

    001169

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Apr 1982

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at Pavathal Spinning Mills?

Board Members (3)

NameDesignationAppointment DateStatus
Thangaraj Raj Country flag representing In Director 15-Jul-2024Current
Sathasivam Kumar Country flag representing In Director 15-Jul-2024Current
Sadhasivam Sureshkumar Country flag representing In Director 01-Jun-2022Current

Financial Performance of Pavathal Spinning Mills.

Pavathal Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.82% decrease. The company also saw a substantial improvement in profitability, with a 22.15% increase in profit. The company's net worth moved up by a moderate rise of 1.81%.

Pavathal Spinning Mills revenue growth over time
Pavathal Spinning Mills 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
-15.82%
Revenue from Operations
-18.36%
Total Assets
36.07%
Profit or Loss
22.15%
Net Worth
1.81%
EBITDA
-43.50%

What is the Ownership and Shareholding Structure of Pavathal Spinning Mills?

In 2023, Pavathal Spinning Mills 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

₹32.67 Cr

Satisfied Charges

₹16.89 Cr

Charges Breakdown by Lending Institutions

  • Others : 32.67 Cr

Latest Charge Details

DateLenderAmountStatus
08 Dec 2023Others₹9.03 CrOpen
26 Apr 2023Others₹3.90 CrOpen
12 Jul 2022Others₹19.74 CrOpen
20 Feb 1997State Bank Of India₹16.44 CrSatisfied
04 Mar 1996State Bank Of India₹4.50 MSatisfied

How Many Employees Work at Pavathal Spinning Mills?

Pavathal Spinning Mills has a workforce of 120 employees as of Mar 29, 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 Pavathal Spinning Mills Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pavathal Spinning Mills, 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 Pavathal Spinning Mills'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 Pavathal Spinning Mills

Recent activity within the organization

  • Annual General Meeting

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

  • Director Appointment

    Thangaraj Gowtham Raj was appointed as a Director was appointed as a Director on 15 Jul 2024 & has been associated with this company since 8 months 12 days .

  • Director Appointment

    Sathasivam Ramesh Kumar was appointed as a Director was appointed as a Director on 15 Jul 2024 & has been associated with this company since 8 months 12 days .

  • Charges

    A charge with Others of Rs. 19.74 Cr registered on 12 Jul 2022 with Charge ID 100599048 was modified on 13 Jun 2024.

  • Balance Sheet

    Pavathal Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Charges

    A charge with Others of Rs. 9.03 Cr registered on 08 Dec 2023 with Charge ID 100824902 was modified on 12 Mar 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Pavathal Spinning Mills Private Limited?

    Pavathal Spinning Mills Private Limited was incorporated on 23 Apr 1982.

  • What is authorized share capital and paid-up capital of Pavathal Spinning Mills Private Limited?

    The authorized share capital of Pavathal Spinning Mills Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.82 Cr.

  • Who are the current board members & directors of Pavathal Spinning Mills Private Limited?

    Currently 3 directors are associated with Pavathal Spinning Mills Private Limited.

    • Thangaraj Gowtham Raj
    • Sathasivam Ramesh Kumar
    • Sadhasivam Sureshkumar

  • What is the registered address of Pavathal Spinning Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Pavathal Spinning Mills Private Limited is 1158/1 Kolumam Road Neikkarapatty, Palani India, Dindigul, Tamil Nadu, 624615.

  • What is the corporate identification number (CIN) and company number of Pavathal Spinning Mills Private Limited?

    The corporate identification number (CIN) of Pavathal Spinning Mills Private Limited is U17111TZ1982PTC001169 and the company number is 001169 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Pavathal Spinning Mills Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Pavathal Spinning Mills Private Limited has fallen by -15.82%.

  • How many employees does Pavathal Spinning Mills Private Limited currently have?

    As Per 2023 financial reports, 120 employees are currently employed by Pavathal Spinning Mills Private Limited.

  • What change has been observed in the net worth of Pavathal Spinning Mills Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Pavathal Spinning Mills Private Limited has experienced an upsurge of 1.81%.

  • What are the total open charges for Pavathal Spinning Mills Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Pavathal Spinning Mills Private Limited amount to ₹ 32.67 Cr.

  • When was the last Balance Sheet of Pavathal Spinning Mills Private Limited filed with the ROC?

    The most recent Balance Sheet for Pavathal Spinning Mills Private Limited was filed with the ROC on 31 Mar 2024.

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