Prachidhi Spinners Private Limited
Manufactures cotton yarn since 1995, based in Tamil Nadu.
1995 | Coimbatore, Tamil Nadu (India) | Active
Prachidhi Spinners Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 4.06 M
- Company Age 30 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 30.98 Cr
- Satisfied Charges ₹ 15.93 Cr
- Revenue Growth -10.41%
- Profit Growth -100.07%
- Ebitda -42.22%
- Net Worth -0.56%
- Total Assets -5.12%
About Prachidhi Spinners
Prachidhi Spinners Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 January 1995 and has a history of 30 years and two months. Its registered office is in Coimbatore, 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 5.00 M and a paid-up capital of Rs 4.06 M.
The company currently has active open charges totaling ₹30.98 Cr. The company has closed loans amounting to ₹15.93 Cr, as per Ministry of Corporate Affairs (MCA) records.
Balakkrishnon Thulaseeram, Sri Venkataswamy, and Thulaseeram Akilandeswari 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
U17111TZ1995PTC005678
- Company No.
005678
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Jan 1995
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
Prachidhi Spinners Private Limited
Explore comprehensive data for Prachidhi Spinners Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Prachidhi Spinners?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sri Venkataswamy  | Managing Director | 06-Jan-1995 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Balakkrishnon Thulaseeram | Whole-Time Director | 25-Feb-2019 | Current |
| Thulaseeram Akilandeswari | Whole-Time Director | 14-Jul-2000 | Current |
Financial Performance of Prachidhi Spinners.
Prachidhi Spinners Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.41% decrease. The company also saw a substantial fall in profitability, with a 100.07% decrease in profit. The company's net worth dipped by a decrease of 0.56%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Prachidhi Spinners?
In 2023, Prachidhi Spinners had a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Aum Vijaya Agencies (India) Private Limited
Balakkrishnon Thulaseeram is a mutual person
Charges (Loans)
Open Charges
₹309.81 M
Satisfied Charges
₹159.28 M
Charges Breakdown by Lending Institutions
- Indian Bank : 19.98 Cr
- Hdfc Bank Limited : 11.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jun 2021 | Hdfc Bank Limited | ₹11.00 Cr | Open |
| 12 Nov 2007 | Indian Bank | ₹6.93 Cr | Open |
| 02 Mar 2007 | Indian Bank | ₹8.00 Cr | Open |
| 25 Feb 2005 | Indian Bank | ₹2.00 Cr | Open |
| 14 May 1998 | Indian Bank | ₹2.20 Cr | Open |
How Many Employees Work at Prachidhi Spinners?
Prachidhi Spinners has a workforce of 77 employees as of Mar 27, 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 Prachidhi Spinners, 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 Prachidhi Spinners'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 Prachidhi Spinners
Recent activity within the organization
- Annual General Meeting
Prachidhi Spinners Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Prachidhi Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
- Charges
A charge with Hdfc Bank Limited of Rs. 110.00 M registered on 28 Jun 2021 with Charge ID 100464967 was modified on 28 Jul 2021.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 110.00 M with Charge ID 100464967 was registered on 28 Jun 2021.
- Charges
A charge registered on 03 Dec 2010 via Charge ID 10260741 with Others was fully satisfied on 12 Apr 2021.
- Charges
A charge registered on 23 Aug 2018 via Charge ID 100205812 with Others was fully satisfied on 31 Dec 2020.
Frequently asked questions
What is the Incorporation or founding date of Prachidhi Spinners Private Limited?
Prachidhi Spinners Private Limited was incorporated on 06 Jan 1995.
What is authorized share capital and paid-up capital of Prachidhi Spinners Private Limited?
The authorized share capital of Prachidhi Spinners Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.06 M.
Who are the current board members & directors of Prachidhi Spinners Private Limited?
Currently 3 directors are associated with Prachidhi Spinners Private Limited.
- Balakkrishnon Thulaseeram
- Sri Devi Venkataswamy
- Thulaseeram Akilandeswari
What is the registered address of Prachidhi Spinners Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Prachidhi Spinners Private Limited is S F No 197 205Dharapuram Road Pedappampatti India, Tamilnadu, Tamil Nadu, 642205.
What is the corporate identification number (CIN) and company number of Prachidhi Spinners Private Limited?
The corporate identification number (CIN) of Prachidhi Spinners Private Limited is U17111TZ1995PTC005678 and the company number is 005678 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Prachidhi Spinners Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Prachidhi Spinners Private Limited has fallen by -10.41%.
How many employees does Prachidhi Spinners Private Limited currently have?
As Per 2023 financial reports, 77 employees are currently employed by Prachidhi Spinners Private Limited.
What change has been observed in the net worth of Prachidhi Spinners Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Prachidhi Spinners Private Limited has experienced an downturn of -0.56%.
What are the total open charges for Prachidhi Spinners Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Prachidhi Spinners Private Limited amount to ₹ 30.98 Cr.
When was the last Balance Sheet of Prachidhi Spinners Private Limited filed with the ROC?
The most recent Balance Sheet for Prachidhi Spinners Private Limited was filed with the ROC on 31 Mar 2024.
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