Prostar Textile Mill Private Limited

Prostar Textile Mill Private Limited

Fabric printing facility with production capacity of 12-14 tons per day.
2015 | Coimbatore, Tamil Nadu (India) | Under Liquidation

Last Updated:

May 02, 2024
HomeCompanyProstar Textile Mill Private Limited

Who are the key members and board of directors at Prostar Textile Mill?

Executive Team (1)

NameDesignationAppointment DateStatus
Muthusamy Paramasivan InManaging Director29-Oct-2015Current

Board Members(1)

NameDesignationAppointment DateStatus
Prabha Paramasivam In Director 29-Oct-2015Current

Financial Performance of Prostar Textile Mill.

Prostar Textile Mill Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 28.7% decrease. The company also saw a substantial fall in profitability, with a 60.05% decrease in profit. The company's net worth moved up by a moderate rise of 0.5%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-28.70%
Revenue from Operations
-28.73%
Total Assets
4.57%
Profit or Loss
-60.05%
Net Worth
0.50%
EBITDA
3.61%

Charges (Loans)

Open Charges

₹17.20 Cr

LenderAmountStatus

Others

Creation Date: 24 Nov 2016
₹17.20 CrOpen

How Many Employees Work at Prostar Textile Mill?

Prostar Textile Mill has a workforce of 6 employees as of Apr 07, 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.

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Latest Updates, News, and FAQs on Prostar Textile Mill

Recent activity within the organization

  • Annual General Meeting

    Prostar Textile Mill Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Prostar Textile Mill Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Coimbatore.

    31 Mar 2021

  • Charges

    A charge with Others of Rs. 17.20 Cr registered on 24 Nov 2016 with Charge ID 100066282 was modified on 17 Jul 2020.

    17 Jul 2020

  • Charges

    A charge with Others amounted to Rs. 17.20 Cr with Charge ID 100066282 was registered on 24 Nov 2016.

    24 Nov 2016

  • Director Appointment

    Muthusamy Paramasivan was appointed as a Managing Director was appointed as a Managing Director on 29 Oct 2015 & has been associated with this company since 9 years 2 months .

    29 Oct 2015

  • Director Appointment

    Prabha Paramasivam was appointed as a Director was appointed as a Director on 29 Oct 2015 & has been associated with this company since 9 years 2 months .

    29 Oct 2015

Frequently asked questions

  • Prostar Textile Mill Private Limited was incorporated on 29 Oct 2015.

  • The authorized share capital of Prostar Textile Mill Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.79 Cr.

  • Currently 2 directors are associated with Prostar Textile Mill Private Limited.

    • Muthusamy Paramasivan
    • Prabha Paramasivam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prostar Textile Mill Private Limited is 3/599A Venkatachalapathy Nagar, Parapalayam Road Mannarai(Po), Tirupur, Tamil Nadu, India, 641607.

  • The corporate identification number (CIN) of Prostar Textile Mill Private Limited is U18101TZ2015PTC021917 and the company number is 021917 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prostar Textile Mill Private Limited is https://www.prostartex.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Prostar Textile Mill Private Limited has fallen by -28.70%.

  • As Per 2021 financial reports, 6 employees are currently employed by Prostar Textile Mill Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Prostar Textile Mill Private Limited has experienced an upsurge of 0.50%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Prostar Textile Mill Private Limited amount to ₹ 17.20 Cr.

  • The most recent Balance Sheet for Prostar Textile Mill Private Limited was filed with the ROC on 31 Mar 2021.

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