Prince Yarnn India Limited

Produces viscose yarn with 16,128 spindles, sourcing from Grasim Industries, serving domestic market.

2007 | Namakkal, Tamil Nadu (India) | Active
Last Updated: December 18, 2024

Prince Yarnn India Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.50 Cr
  • Company Age 18 Year, 8 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.00 Cr
  • Revenue Growth 15.50%
  • Profit Growth -76.83%
  • Ebitda -62.89%
  • Net Worth 0.32%
  • Total Assets 16.88%

About Prince Yarnn India

Prince Yarnn India Limited (PYIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 January 2007 and has a history of 18 years. Its registered office is in Namakkal, 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 Cr and a paid-up capital of Rs 4.50 Cr.

The company currently has active open charges totaling ₹15.00 Cr.

Kannaiyan Palaniappan, Vavakadu Balasubramaniam, Palaniappan Nagarajan, and One other member serve as directors at the Company.

Company Details

  • Location

    Namakkal, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2007PLC013372

  • Company No.

    013372

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Jan 2007

  • Date of AGM

    27 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 Prince Yarnn India?

Board Members (4)

NameDesignationAppointment DateStatus
Kannaiyan Palaniappan Country flag representing In Director 22-Jan-2007Current
Vavakadu Balasubramaniam Country flag representing In Director 22-Jan-2007Current
Palaniappan Nagarajan Country flag representing In Director 22-Jan-2007Current
Sengodan Thangaraaj Country flag representing In Director 22-Jan-2007Current

Financial Performance of Prince Yarnn India.

Prince Yarnn India Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 15.5% increase. The company also saw a substantial fall in profitability, with a 76.83% decrease in profit. The company's net worth moved up by a moderate rise of 0.32%.

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
15.50%
Revenue from Operations
15.56%
Total Assets
16.88%
Profit or Loss
-76.83%
Net Worth
0.32%
EBITDA
-62.89%

What is the Ownership and Shareholding Structure of Prince Yarnn India?

In 2024, Prince Yarnn India had a promoter holding of 78.84% and a public holding of 21.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
21 May 2008Others₹15.00 CrOpen

How Many Employees Work at Prince Yarnn India?

Prince Yarnn India has a workforce of 28 employees as of Dec 18, 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 Prince Yarnn 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 Prince Yarnn 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 Prince Yarnn India

Recent activity within the organization

  • Annual General Meeting

    Prince Yarnn India Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Charges

    A charge with Others of Rs. 15.00 Cr registered on 21 May 2008 with Charge ID 10111718 was modified on 08 Aug 2024.

    08 Aug 2024

  • Balance Sheet

    Prince Yarnn India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 10111718 was registered on 21 May 2008.

    21 May 2008

  • Director Appointment

    Kannaiyan Palaniappan was appointed as a Director was appointed as a Director on 22 Jan 2007 & has been associated with this company since 18 years 8 days .

    22 Jan 2007

  • Director Appointment

    Vavakadu Palanisamy Balasubramaniam was appointed as a Director was appointed as a Director on 22 Jan 2007 & has been associated with this company since 18 years 8 days .

    22 Jan 2007

Frequently asked questions

  • Prince Yarnn India Limited was incorporated on 22 Jan 2007.

  • The authorized share capital of Prince Yarnn India Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.50 Cr.

  • Currently 4 directors are associated with Prince Yarnn India Limited.

    • Kannaiyan Palaniappan
    • Vavakadu Palanisamy Balasubramaniam
    • Palaniappan Nagarajan
    • Sengodan Thangaraaj
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prince Yarnn India Limited is 468 Paalikattur Street Vediyarasampalayam Agraharam (Po) Pallipalayam, India, Erode, Tamil Nadu, 638006.

  • The corporate identification number (CIN) of Prince Yarnn India Limited is U17111TZ2007PLC013372 and the company number is 013372 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2024, the revenue trend for Prince Yarnn India Limited has risen by 15.50%.

  • As Per 2024 financial reports, 28 employees are currently employed by Prince Yarnn India Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Prince Yarnn India Limited has experienced an upsurge of 0.32%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Prince Yarnn India Limited amount to ₹ 15.00 Cr.

  • The most recent Balance Sheet for Prince Yarnn India Limited was filed with the ROC on 31 Mar 2024.

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