Point Textiles Private Limited

Produces yarn through manufacturing process.

2005 | Erode, Tamil Nadu (India) | Active
Last Updated:

Point Textiles Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 7.00 Cr
  • Company Age 20 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 37.08 Cr
  • Satisfied Charges ₹ 30.61 Cr
  • Revenue Growth 133.17%
  • Profit Growth -328.52%
  • Ebitda -540.67%
  • Net Worth -58.95%
  • Total Assets 31.21%

About Point Textiles

Point Textiles Private Limited (PTPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 January 2005 and has a history of 20 years and one month. Its registered office is in Erode, Tamil Nadu, India.

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 7.00 Cr and a paid-up capital of Rs 7.00 Cr.

The company currently has active open charges totaling ₹37.08 Cr. The company has closed loans amounting to ₹30.61 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gopal Gopalakrishnan, Shanmugamchettiar Krishnakumar, Krishnakumar Asha, and Four other members serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2005PTC011530

  • Company No.

    011530

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jan 2005

  • 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 Point Textiles?

Board Members (7)

NameDesignationAppointment DateStatus
Krishnakumar Kaushikmurugan Country flag representing In Director 27-Sep-2021Current
Gopal Gopalakrishnan Country flag representing In Director 27-Sep-2021Current
Shanmugamchettiar Krishnakumar Country flag representing In Director 27-Sep-2021Current
Krishnakumar Asha Country flag representing In Director 27-Sep-2021Current
Kunjammal Country flag representing In Director 27-Sep-2021Current
Prithvi Krishnakumar Country flag representing In Director 27-Sep-2021Current

Financial Performance of Point Textiles.

Point Textiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 133.17% increase. The company also saw a substantial fall in profitability, with a 328.52% decrease in profit. The company's net worth observed a substantial decline by a decrease of 58.95%.

Point Textiles revenue growth over time
Point 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
133.17%
Revenue from Operations
278.37%
Total Assets
31.21%
Profit or Loss
-328.52%
Net Worth
-58.95%
EBITDA
-540.67%

What is the Ownership and Shareholding Structure of Point Textiles?

In 2023, Point Textiles 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

₹37.08 Cr

Satisfied Charges

₹30.61 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 37.08 Cr

Latest Charge Details

DateLenderAmountStatus
09 Feb 2023Indian Bank₹15.00 CrOpen
07 Feb 2022Indian Bank₹22.08 CrOpen
25 Feb 2016City Union Bank Limited₹3.37 CrSatisfied
05 Oct 2007Punjab And Sind Bank₹27.24 CrSatisfied

How Many Employees Work at Point Textiles?

Point Textiles has a workforce of 9 employees as of Apr 05, 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 Point Textiles Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Point Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Charges

    A charge with Indian Bank amounted to Rs. 15.00 Cr with Charge ID 100686271 was registered on 09 Feb 2023.

  • Charges

    A charge with Indian Bank of Rs. 22.08 Cr registered on 07 Feb 2022 with Charge ID 100541325 was modified on 10 Nov 2022.

  • Charges

    A charge with Indian Bank amounted to Rs. 22.08 Cr with Charge ID 100541325 was registered on 07 Feb 2022.

  • Charges

    A charge registered on 25 Feb 2016 via Charge ID 10627088 with City Union Bank Limited was fully satisfied on 30 Sep 2021.

Frequently asked questions

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

    Point Textiles Private Limited was incorporated on 19 Jan 2005.

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

    The authorized share capital of Point Textiles Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 7.00 Cr.

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

    Currently 7 directors are associated with Point Textiles Private Limited.

    • Gopal Damodaran Gopalakrishnan
    • Shanmugamchettiar Krishnakumar
    • Krishnakumar Asha
    • Kunjammal
    • Krishnakumar Kaushikmurugan
    • Prithvi Murugan Krishnakumar
    • Shanmugam Nandha Kumar

  • What is the registered address of Point Textiles Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Point Textiles Private Limited is Plot No.R-37-38 G-7 G-8 F-22 Sipcot Industries Growth Center, India, Perundurai, Tamil Nadu, 638052.

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

    The corporate identification number (CIN) of Point Textiles Private Limited is U17111TZ2005PTC011530 and the company number is 011530 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Point Textiles Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Point Textiles Private Limited has risen by 133.17%.

  • How many employees does Point Textiles Private Limited currently have?

    As Per 2023 financial reports, 9 employees are currently employed by Point Textiles Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Point Textiles Private Limited has experienced an downturn of -58.95%.

  • What are the total open charges for Point Textiles Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Point Textiles Private Limited amount to ₹ 37.08 Cr.

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

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

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