Payal Sarees Private Limited

Textile trading company established in 2000 with registered office in Surat, Gujarat.

2000 | Surat, Gujarat (India) | Active
Last Updated: November 17, 2024

Payal Sarees Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.13 M
  • Company Age 24 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 11.95 Cr
  • Revenue Growth 2.98%
  • Profit Growth 23.56%
  • Ebitda -38.41%
  • Net Worth 2.24%
  • Total Assets 2.40%

About Payal Sarees

Payal Sarees Private Limited (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 July 2000 and has a history of 24 years and seven months. Its registered office is in Surat, Gujarat, India.

The Company is engaged in the Home & Lifestyle 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 7.50 M and a paid-up capital of Rs 7.13 M.

The company has closed loans amounting to ₹11.95 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Amitkumar Tulsian and Ankur Tulsian 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

    U17115GJ2000PTC038351

  • Company No.

    038351

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jul 2000

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Home & Lifestyle

Who are the key members and board of directors at Payal Sarees?

Financial Performance of Payal Sarees.

Payal Sarees Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.98% increase. The company also saw a substantial improvement in profitability, with a 23.56% increase in profit. The company's net worth moved up by a moderate rise of 2.24%.

Graph illustrating revenue growth over time
Graph showing 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
2.98%
Revenue from Operations
Total Assets
2.40%
Profit or Loss
23.56%
Net Worth
2.24%
EBITDA
-38.41%

What is the Ownership and Shareholding Structure of Payal Sarees?

In 2023, Payal Sarees had a public 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

₹119.50 M

Charges Breakdown by Lending Institutions

  • The Sutex Co-Operative Bank Limited : 5.50 Cr
  • Hdfc Bank Limited : 3.00 Cr
  • Dena Bank : 2.50 Cr
  • The Surat Textile Traders Co-Operative Bank Ltd. : 0.95 Cr

Latest Charge Details

DateLenderAmountStatus
29 Apr 2011The Sutex Co-Operative Bank Limited₹5.50 CrSatisfied
18 Nov 2009Hdfc Bank Limited₹3.00 CrSatisfied
22 Jan 2002The Surat Textile Traders Co-Operative Bank Ltd.₹1.50 MSatisfied
15 Oct 2001The Surat Textile Traders Co-Operative Bank Ltd.₹3.00 MSatisfied
17 Aug 2001The Surat Textile Traders Co-Operative Bank Ltd.₹5.00 MSatisfied

How Many Employees Work at Payal Sarees?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Payal Sarees, 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 Payal Sarees'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 Payal Sarees

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Payal Sarees Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 22 Jan 2002 via Charge ID 90105139 with The Surat Textile Traders Co-Operative Bank Ltd. was fully satisfied on 16 Jan 2024.

    16 Jan 2024

  • Charges

    A charge registered on 29 Apr 2011 via Charge ID 10285324 with The Sutex Co-Operative Bank Limited was fully satisfied on 31 Dec 2018.

    31 Dec 2018

  • Director Appointment

    Ankur Shyamsunder Tulsian was appointed as a Director was appointed as a Director on 16 May 2016 & has been associated with this company since 8 years 9 months .

    16 May 2016

  • Charges

    A charge registered on 18 Nov 2009 via Charge ID 10190549 with Hdfc Bank Limited was fully satisfied on 17 May 2011.

    17 May 2011

Frequently asked questions

  • What is the Incorporation or founding date of Payal Sarees Private Limited?

    Payal Sarees Private Limited was incorporated on 12 Jul 2000.

  • What is authorized share capital and paid-up capital of Payal Sarees Private Limited?

    The authorized share capital of Payal Sarees Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.13 M.

  • Who are the current board members & directors of Payal Sarees Private Limited?

    Currently 2 directors are associated with Payal Sarees Private Limited.

    • Amitkumar Bharatkumar Tulsian
    • Ankur Shyamsunder Tulsian
  • What is the registered address of Payal Sarees Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Payal Sarees Private Limited is J R House Ground Flooropp Vakharia Market Ring Road India, Surat, Gujarat, 395002.

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

    The corporate identification number (CIN) of Payal Sarees Private Limited is U17115GJ2000PTC038351 and the company number is 038351 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Payal Sarees Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Payal Sarees Private Limited has risen by 2.98%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Payal Sarees Private Limited has experienced an upsurge of 2.24%.

  • When was the last Balance Sheet of Payal Sarees Private Limited filed with the ROC?

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

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