Purani Textiles Private Limited

Manufacturer of knitting yarn, viscose filament yarn, polyester, and blends with a mill in Coimbatore.

1998 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Purani Textiles Profile

Key Indicators

  • Authorised Capital ₹ 3.60 Cr
  • Paid Up Capital ₹ 1.44 Cr
  • Company Age 26 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.56 Cr
  • Satisfied Charges ₹ 6.00 M
  • Revenue Growth -27.21%
  • Profit Growth -37.40%
  • Ebitda -11.11%
  • Net Worth 2.33%
  • Total Assets -0.45%

About Purani Textiles

Purani Textiles Private Limited (PTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 April 1998 and has a history of 26 years and nine 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 2023. It's a company limited by shares with an authorized capital of Rs 3.60 Cr and a paid-up capital of Rs 1.44 Cr.

The company currently has active open charges totaling ₹10.56 Cr. The company has closed loans amounting to ₹6.00 M, as per Ministry of Corporate Affairs (MCA) records.

Narayanasamy Nithyanandan, Narayanasamy Ranganathan, and Nithyanandan Chandrakala serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1998PTC008365

  • Company No.

    008365

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Apr 1998

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

What products or services does Purani Textiles Private Limited offer?

Purani Textiles Private Limited offers a wide range of products and services, including Yarns & Threads, Viscose Yarn, Polyester Yarn, Industrial Polyester Yarn, Cotton Yarn, Yarn, Dyed Yarn, Dyed Polyester Yarn, Synthetic Yarn, Dyed Cotton Yarn.

Who are the key members and board of directors at Purani Textiles?

Executive Team (1)

Name Designation Appointment Date Status
Narayanasamy Ranganathan Country flag representing In Managing Director 06-Sep-2001 Current

Board Members (2)

Name Designation Appointment Date Status
Narayanasamy Nithyanandan Country flag representing In Director 01-Mar-1999 Current
Nithyanandan Chandrakala Country flag representing In Director 30-Sep-2003 Current

Financial Performance of Purani Textiles.

Purani Textiles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.21% decrease. The company also saw a substantial fall in profitability, with a 37.4% decrease in profit. The company's net worth moved up by a moderate rise of 2.33%.

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
-27.21%
Revenue from Operations
-27.26%
Total Assets
-0.45%
Profit or Loss
-37.40%
Net Worth
2.33%
EBITDA
-11.11%

What is the Ownership and Shareholding Structure of Purani Textiles?

In 2023, Purani Textiles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.56 Cr

Satisfied Charges

₹0.60 Cr

Charges Breakdown by Lending Institutions

  • Corporation Bank : 6.59 Cr
  • City Union Bank Limited : 2.62 Cr
  • State Bank Of Travancore : 1.35 Cr

Latest Charge Details

Date Lender Amount Status
30 Sep 2015 City Union Bank Limited ₹2.62 Cr Open
22 Dec 2003 Corporation Bank ₹4.19 Cr Open
22 Dec 2003 Corporation Bank ₹2.40 Cr Open
02 Mar 2001 State Bank Of Travancore ₹1.00 Cr Open
13 Mar 1999 State Bank Of Travancore ₹3.50 M Open

How Many Employees Work at Purani Textiles?

Purani Textiles has a workforce of 8 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Purani Textiles, 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 Purani Textiles'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 Purani Textiles

Recent activity within the organization

  • Annual General Meeting

    Purani Textiles Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge with City Union Bank Limited of Rs. 2.62 Cr registered on 30 Sep 2015 with Charge ID 10619206 was modified on 12 Apr 2023.

    12 Apr 2023

  • Balance Sheet

    Purani Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge registered on 11 Aug 2011 via Charge ID 10309880 with Corporation Bank was fully satisfied on 31 Dec 2015.

    31 Dec 2015

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 2.62 Cr with Charge ID 10619206 was registered on 30 Sep 2015.

    30 Sep 2015

  • Charges

    A charge with Corporation Bank of Rs. 4.19 Cr registered on 22 Dec 2003 with Charge ID 80050894 was modified on 31 Oct 2011.

    31 Oct 2011

Frequently asked questions

  • Purani Textiles Private Limited was incorporated on 06 Apr 1998.

  • The authorized share capital of Purani Textiles Private Limited is ₹ 3.60 Cr and paid-up capital is ₹ 1.44 Cr.

  • Currently 3 directors are associated with Purani Textiles Private Limited.

    • Narayanasamy Nithyanandan
    • Narayanasamy Venkatasamy Ranganathan
    • Nithyanandan Chandrakala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Purani Textiles Private Limited is 725Avinashi Road India, Coimbatore, Tamil Nadu, 641018.

  • The corporate identification number (CIN) of Purani Textiles Private Limited is U17111TZ1998PTC008365 and the company number is 008365 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Purani Textiles Private Limited is https://www.textileinfomedia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Purani Textiles Private Limited has fallen by -27.21%.

  • As Per 2023 financial reports, 8 employees are currently employed by Purani Textiles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Purani Textiles Private Limited has experienced an upsurge of 2.33%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Purani Textiles Private Limited amount to ₹ 10.56 Cr.

  • The most recent Balance Sheet for Purani Textiles Private Limited was filed with the ROC on 31 Mar 2023.

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