Platinum Trade Centre Private Limited

Provides recreational training and operates a banquet hall in Erode, Tamil Nadu.

1979 | Erode, Tamil Nadu (India) | Active
Last Updated: January 05, 2025

Platinum Trade Centre Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.97 M
  • Company Age 45 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.50 Cr
  • Satisfied Charges ₹ 4.88 Cr
  • Revenue Growth -17.72%
  • Profit Growth -3.09%
  • Ebitda -16.69%
  • Net Worth 1.89%
  • Total Assets -0.98%

About Platinum Trade Centre

Platinum Trade Centre Private Limited (PTCPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 September 1979 and has a history of 45 years and four months. Its registered office is in Erode, Tamil Nadu, India.

The Corporate was formerly known as Erode Spinning Mills Private Limited. The Company is engaged in the Events And Entertainment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 9.97 M.

The company currently has active open charges totaling ₹6.50 Cr. The company has closed loans amounting to ₹4.88 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sivakami Dhamodaran, Pongianna Dhamodharan, and Damodharan Muruganandam serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U93000TZ1979PTC000874

  • Company No.

    000874

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Sep 1979

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Events and Entertainment

What products or services does Platinum Trade Centre Private Limited offer?

Platinum Trade Centre Private Limited offers a wide range of products and services, including Business Planning and Management, Business Consultant.

Who are the key members and board of directors at Platinum Trade Centre?

Board Members (3)

Name Designation Appointment Date Status
Sivakami Dhamodaran Country flag representing In Director 17-Sep-1979 Current
Pongianna Dhamodharan Country flag representing In Director 17-Sep-1979 Current
Damodharan Muruganandam Country flag representing In Director 30-Sep-2017 Current

Financial Performance of Platinum Trade Centre.

Platinum Trade Centre Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 17.72% decrease. The company also saw a slight decrease in profitability, with a 3.09% decrease in profit. The company's net worth moved up by a moderate rise of 1.89%.

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
-17.72%
Revenue from Operations
-17.72%
Total Assets
-0.98%
Profit or Loss
-3.09%
Net Worth
1.89%
EBITDA
-16.69%

What is the Ownership and Shareholding Structure of Platinum Trade Centre?

In 2018, Platinum Trade Centre 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

₹6.50 Cr

Satisfied Charges

₹4.88 Cr

Charges Breakdown by Lending Institutions

  • Others : 6.50 Cr

Latest Charge Details

Date Lender Amount Status
19 Aug 2016 Others ₹1.50 Cr Open
03 Sep 2015 Others ₹5.00 Cr Open
25 Mar 2013 Karur Vysya Bank Ltd ₹3.20 Cr Satisfied
11 Nov 1992 Karnataka Bank Limited ₹1.68 Cr Satisfied

How Many Employees Work at Platinum Trade Centre?

Unlock and access historical data on people associated with Platinum Trade Centre, 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 Platinum Trade Centre, 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 Platinum Trade Centre'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 Platinum Trade Centre

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 1.50 Cr registered on 19 Aug 2016 with Charge ID 100045399 was modified on 17 Oct 2023.

    17 Oct 2023

  • Annual General Meeting

    Platinum Trade Centre Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Platinum Trade Centre Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 5.00 Cr registered on 03 Sep 2015 with Charge ID 10593032 was modified on 24 Mar 2021.

    24 Mar 2021

  • Director Appointment

    Damodharan Muruganandam was appointed as a Director was appointed as a Director on 30 Sep 2017 & has been associated with this company since 7 years 4 months .

    30 Sep 2017

  • Charges

    A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100045399 was registered on 19 Aug 2016.

    19 Aug 2016

Frequently asked questions

  • Platinum Trade Centre Private Limited was incorporated on 17 Sep 1979.

  • The authorized share capital of Platinum Trade Centre Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.97 M.

  • Currently 3 directors are associated with Platinum Trade Centre Private Limited.

    • Sivakami Dhamodaran
    • Pongianna Gounder Dhamodharan
    • Damodharan Muruganandam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Platinum Trade Centre Private Limited is 23 Durgalaxmi Building Bhavani Main Road India, Erode, Tamil Nadu, 638005.

  • The corporate identification number (CIN) of Platinum Trade Centre Private Limited is U93000TZ1979PTC000874 and the company number is 000874 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Platinum Trade Centre Private Limited is https://www.platinummahal.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Platinum Trade Centre Private Limited has fallen by -17.72%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Platinum Trade Centre Private Limited has experienced an upsurge of 1.89%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Platinum Trade Centre Private Limited amount to ₹ 6.50 Cr.

  • The most recent Balance Sheet for Platinum Trade Centre Private Limited was filed with the ROC on 31 Mar 2023.

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