Poovarasi Textile Mills Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
- Paid Up Capital ₹ 2.80 M
- Company Age 7 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.94 Cr
- Satisfied Charges ₹ 1.22 Cr
- Revenue Growth 30.82%
- Profit Growth 31.15%
- Ebitda 88.95%
- Net Worth 61.54%
- Total Assets 110.04%
About Poovarasi Textile Mills
Poovarasi Textile Mills Private Limited (PTMPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 January 2018 (Seven years and three months 12 days old ). 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 3.00 M and a paid-up capital of Rs 2.80 M.
The company currently has active open charges totaling ₹6.94 Cr. The company has closed loans amounting to ₹1.22 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kurupanaickampalayam Kathirvel, Kathirvel Prasad, Kadirvel Velumani, and One other member 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
U17299TZ2018PTC029957
- Company No.
029957
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Jan 2018
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
What products or services does Poovarasi Textile Mills Private Limited offer?
Poovarasi Textile Mills Private Limited offers a wide range of products and services, including Sewing Threads, Laces & Accessories, Garment Tape, Footwear Laces, Insole & Accessories, Footwear Accessories, Adhesive & Pressure Sensitive Tapes, Stationery Tape, Industrial Tape, Woven Laces.
Poovarasi Textile Mills Private Limited
Explore comprehensive data for Poovarasi Textile Mills Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Poovarasi Textile Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kathirvel Prasad  | Managing Director | 29-Jan-2018 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kurupanaickampalayam Kathirvel | Director | 29-Jan-2018 | Current |
| Kadirvel Velumani | Whole-Time Director | 05-Nov-2020 | Current |
| Murugan Jayashree | Whole-Time Director | 05-Nov-2020 | Current |
Financial Performance of Poovarasi Textile Mills.
Poovarasi Textile Mills Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 30.82% increase. The company also saw a substantial improvement in profitability, with a 31.15% increase in profit. The company's net worth Soared by an impressive increase of 61.54%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Poovarasi Textile Mills?
In 2021, Poovarasi Textile 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.
Related Corporates (Common Directorship)
Charges (Loans)
Open Charges
₹69.35 M
Satisfied Charges
₹12.20 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 5.74 Cr
- Sidbi : 1.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jan 2023 | Sidbi | ₹1.20 Cr | Open |
| 06 Sep 2022 | Hdfc Bank Limited | ₹5.74 Cr | Open |
| 03 Dec 2019 | The South Indian Bank Limited | ₹1.22 Cr | Satisfied |
How Many Employees Work at Poovarasi Textile Mills?
Poovarasi Textile Mills has a workforce of 5 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Poovarasi Textile 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 Poovarasi Textile Mills's trajectory.
Rating
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
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 Poovarasi Textile Mills
Recent activity within the organization
- Annual General Meeting
Poovarasi Textile Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited of Rs. 57.35 M registered on 06 Sep 2022 with Charge ID 100655232 was modified on 08 Jul 2024.
- Balance Sheet
Poovarasi Textile Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
- Charges
A charge with Sidbi amounted to Rs. 12.00 M with Charge ID 100668778 was registered on 03 Jan 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 57.35 M with Charge ID 100655232 was registered on 06 Sep 2022.
- Charges
A charge registered on 03 Dec 2019 via Charge ID 100306675 with The South Indian Bank Limited was fully satisfied on 31 May 2022.
Frequently asked questions
What is the Incorporation or founding date of Poovarasi Textile Mills Private Limited?
Poovarasi Textile Mills Private Limited was incorporated on 29 Jan 2018.
What is authorized share capital and paid-up capital of Poovarasi Textile Mills Private Limited?
The authorized share capital of Poovarasi Textile Mills Private Limited is ₹ 3.00 M and paid-up capital is ₹ 2.80 M.
Who are the current board members & directors of Poovarasi Textile Mills Private Limited?
Currently 4 directors are associated with Poovarasi Textile Mills Private Limited.
- Kurupanaickampalayam Muniyappan Kathirvel
- Kathirvel Hari Prasad
- Kadirvel Velumani
- Murugan Jayashree
What is the registered address of Poovarasi Textile Mills Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Poovarasi Textile Mills Private Limited is 1/231-C Mettur Main Road, N.G.G.O.Colony India, Bhavani, Tamil Nadu, 638301.
What is the corporate identification number (CIN) and company number of Poovarasi Textile Mills Private Limited?
The corporate identification number (CIN) of Poovarasi Textile Mills Private Limited is U17299TZ2018PTC029957 and the company number is 029957 as per Ministry of Corporate Affairs (MCA).
What is the official website of Poovarasi Textile Mills Private Limited?
The Official website of Poovarasi Textile Mills Private Limited is https://www.poovarasimills.com
What has been the recent revenue trend for Poovarasi Textile Mills Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Poovarasi Textile Mills Private Limited has risen by 30.82%.
How many employees does Poovarasi Textile Mills Private Limited currently have?
As Per 2021 financial reports, 5 employees are currently employed by Poovarasi Textile Mills Private Limited.
What change has been observed in the net worth of Poovarasi Textile Mills Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Poovarasi Textile Mills Private Limited has experienced an upsurge of 61.54%.
What are the total open charges for Poovarasi Textile Mills Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Poovarasi Textile Mills Private Limited amount to ₹ 6.94 Cr.
When was the last Balance Sheet of Poovarasi Textile Mills Private Limited filed with the ROC?
The most recent Balance Sheet for Poovarasi Textile Mills Private Limited was filed with the ROC on 31 Mar 2024.
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