Prabath Spinner India Private Limited

Manufactures cotton and generates wind power through ginning, sizing, and spinning mills.

2005 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 30, 2024

Prabath Spinner India Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.20 Cr
  • Company Age 19 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 58.55 Cr
  • Satisfied Charges ₹ 5.00 Cr
  • Revenue Growth 63.58%
  • Profit Growth 78.70%
  • Ebitda 11.73%
  • Net Worth 10.92%
  • Total Assets 6.26%

About Prabath Spinner India

Prabath Spinner India Private Limited (PSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 July 2005 and has a history of 19 years and six months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Environment 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 7.00 Cr and a paid-up capital of Rs 6.20 Cr.

The company currently has active open charges totaling ₹58.55 Cr. The company has closed loans amounting to ₹5.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Karuppagounder Palanisamy and Natchimuthu Paramasivam serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2005PTC011971

  • Company No.

    011971

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Jul 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Environment
Manufacturing

Who are the key members and board of directors at Prabath Spinner India?

Executive Team (1)

Name Designation Appointment Date Status
Karuppagounder Palanisamy Country flag representing In Managing Director 06-Jul-2005 Current

Board Members (1)

Name Designation Appointment Date Status
Natchimuthu Paramasivam Country flag representing In Director 06-Jul-2005 Current

Financial Performance of Prabath Spinner India.

Prabath Spinner India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 63.58% increase. The company also saw a substantial improvement in profitability, with a 78.7% increase in profit. The company's net worth Soared by an impressive increase of 10.92%.

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
63.58%
Revenue from Operations
63.51%
Total Assets
6.26%
Profit or Loss
78.70%
Net Worth
10.92%
EBITDA
11.73%

What is the Ownership and Shareholding Structure of Prabath Spinner India?

In 2023, Prabath Spinner India had a promoter holding of 53.06% and a public holding of 46.93%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹58.55 Cr

Satisfied Charges

₹5.00 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 58.55 Cr

Latest Charge Details

Date Lender Amount Status
09 Jul 2010 Axis Bank Limited ₹5.00 Cr Open
23 May 2007 Axis Bank Limited ₹53.55 Cr Open
13 Sep 2010 City Union Bank Limited ₹5.00 Cr Satisfied

How Many Employees Work at Prabath Spinner India?

Prabath Spinner India has a workforce of 117 employees as of Apr 03, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prabath Spinner India, 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 Prabath Spinner India'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 Prabath Spinner India

Recent activity within the organization

  • Annual General Meeting

    Prabath Spinner India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Prabath Spinner India 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 Axis Bank Limited of Rs. 53.55 Cr registered on 23 May 2007 with Charge ID 10057129 was modified on 13 Feb 2023.

    13 Feb 2023

  • Charges

    A charge registered on 13 Sep 2010 via Charge ID 10291200 with City Union Bank Limited was fully satisfied on 06 Jun 2013.

    06 Jun 2013

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 5.00 Cr with Charge ID 10291200 was registered on 13 Sep 2010.

    13 Sep 2010

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 10231239 was registered on 09 Jul 2010.

    09 Jul 2010

Frequently asked questions

  • Prabath Spinner India Private Limited was incorporated on 06 Jul 2005.

  • The authorized share capital of Prabath Spinner India Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.20 Cr.

  • Currently 2 directors are associated with Prabath Spinner India Private Limited.

    • Karuppagounder Palanisamy
    • Natchimuthu Paramasivam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prabath Spinner India Private Limited is 244/1, Ammapalayam Pirivu Mangalam Road India, Palladam, Tamil Nadu, 641664.

  • The corporate identification number (CIN) of Prabath Spinner India Private Limited is U17111TZ2005PTC011971 and the company number is 011971 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prabath Spinner India Private Limited has risen by 63.58%.

  • As Per 2023 financial reports, 117 employees are currently employed by Prabath Spinner India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prabath Spinner India Private Limited has experienced an upsurge of 10.92%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prabath Spinner India Private Limited amount to ₹ 58.55 Cr.

  • The most recent Balance Sheet for Prabath Spinner India Private Limited was filed with the ROC on 31 Mar 2023.