Prs Tyres Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.88 Cr
- Company Age 37 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 17.20 Cr
- Satisfied Charges ₹ 7.89 Cr
- Revenue Growth -22.90%
- Profit Growth -12.05%
- Ebitda 1.60%
- Net Worth 2.58%
- Total Assets -3.41%
About Prs Tyres
Prs Tyres Private Limited (PTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 September 1987 and has a history of 37 years and eight months. Its registered office is in Namakkal, Tamil Nadu, India.
The Corporate was formerly known as Prs Tyres Limited. The Company is engaged in the Automotive 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 5.00 Cr and a paid-up capital of Rs 4.88 Cr.
The company currently has active open charges totaling ₹17.20 Cr. The company has closed loans amounting to ₹7.89 Cr, as per Ministry of Corporate Affairs (MCA) records.
Palanisamy, Prasanth Palanisamy, Sellam Palanisamy, 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
U02511TZ1987PTC002030
- Company No.
002030
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Sep 1987
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Automotive
Prs Tyres Private Limited
Explore comprehensive data for Prs Tyres Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Prs Tyres?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Palanisamy  | Managing Director | 01-Sep-1987 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Prasanth Palanisamy | Whole-Time Director | 15-May-1995 | Current |
| Sellam Palanisamy | Director | 01-Sep-1987 | Current |
| Prasanth Kavitha | Director | 30-Sep-2014 | Current |
Financial Performance of Prs Tyres.
Prs Tyres Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 22.9% decrease. The company also saw a substantial fall in profitability, with a 12.05% decrease in profit. The company's net worth moved up by a moderate rise of 2.58%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Prs Tyres?
In 2023, Prs Tyres had a promoter holding of 87.06% and a public holding of 12.94%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
CapexilPrasanth Palanisamy is a mutual person
Trinity Academy LimitedPalanisamy is a mutual person
Charges (Loans)
Open Charges
₹17.20 Cr
Satisfied Charges
₹7.89 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 17.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Dec 2006 | State Bank Of India | ₹17.20 Cr | Open |
| 31 Oct 2011 | Vijaya Bank | ₹0.50 M | Satisfied |
| 12 Jul 2010 | Indian Overseas Bank | ₹0.70 M | Satisfied |
| 17 Oct 1994 | Indian Overseas Bank | ₹7.52 Cr | Satisfied |
| 17 Oct 1991 | Indian Overseas Bank | ₹1.00 M | Satisfied |
How Many Employees Work at Prs Tyres?
Prs Tyres has a workforce of 33 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 Prs Tyres, 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 Prs Tyres'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 Prs Tyres
Recent activity within the organization
- Charges
A charge registered on 27 Feb 1989 via Charge ID 90000215 with Tamil Nadu Industrial was fully satisfied on 26 Dec 2023.
- Annual General Meeting
Prs Tyres Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Prs Tyres Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
- Charges
A charge with State Bank Of India of Rs. 17.20 Cr registered on 09 Dec 2006 with Charge ID 10029851 was modified on 30 Mar 2022.
- Charges
A charge registered on 31 Oct 2011 via Charge ID 10323804 with Vijaya Bank was fully satisfied on 21 Jan 2021.
- Charges
A charge registered on 17 Oct 1994 via Charge ID 90000452 with Indian Overseas Bank was fully satisfied on 26 Sep 2016.
Frequently asked questions
What is the Incorporation or founding date of Prs Tyres Private Limited?
Prs Tyres Private Limited was incorporated on 01 Sep 1987.
What is authorized share capital and paid-up capital of Prs Tyres Private Limited?
The authorized share capital of Prs Tyres Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.88 Cr.
Who are the current board members & directors of Prs Tyres Private Limited?
Currently 4 directors are associated with Prs Tyres Private Limited.
- Palanisamy
- Prasanth Palanisamy
- Sellam Palanisamy
- Prasanth Kavitha
What is the registered address of Prs Tyres Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Prs Tyres Private Limited is 2 Sivagnanam Street Ganesapuram, India, Namakkal, Tamil Nadu, 637001.
What is the corporate identification number (CIN) and company number of Prs Tyres Private Limited?
The corporate identification number (CIN) of Prs Tyres Private Limited is U02511TZ1987PTC002030 and the company number is 002030 as per Ministry of Corporate Affairs (MCA).
What is the official website of Prs Tyres Private Limited?
The Official website of Prs Tyres Private Limited is https://www.prstyre.com
What has been the recent revenue trend for Prs Tyres Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Prs Tyres Private Limited has fallen by -22.90%.
How many employees does Prs Tyres Private Limited currently have?
As Per 2023 financial reports, 33 employees are currently employed by Prs Tyres Private Limited.
What change has been observed in the net worth of Prs Tyres Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Prs Tyres Private Limited has experienced an upsurge of 2.58%.
What are the total open charges for Prs Tyres Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Prs Tyres Private Limited amount to ₹ 17.20 Cr.
When was the last Balance Sheet of Prs Tyres Private Limited filed with the ROC?
The most recent Balance Sheet for Prs Tyres Private Limited was filed with the ROC on 31 Mar 2023.
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