Royal Mills (Palani) Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.50 M
- Company Age 11 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.89 Cr
- Satisfied Charges ₹ 1.20 Cr
- Revenue Growth 30.43%
- Profit Growth -104.03%
- Ebitda 23.67%
- Net Worth -0.17%
- Total Assets 28.15%
About Royal Mills (Palani)
Royal Mills (Palani) Private Limited (RMPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 December 2013 and has a history of 11 years and two months. Its registered office is in Palani, 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 2.50 M and a paid-up capital of Rs 2.50 M.
The company currently has active open charges totaling ₹1.89 Cr. The company has closed loans amounting to ₹1.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
Balasubramaniam Muthuswamy and Subramanian Rajeshkumar serve as directors at the Company.
Company Details
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Location
Palani, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17111TZ2013PTC020057
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Company No.
020057
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
04 Dec 2013
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Royal Mills (Palani)?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Balasubramaniam Muthuswamy
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Director | 04-Dec-2013 | Current |
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Subramanian Rajeshkumar
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Director | 04-Dec-2013 | Current |
Financial Performance of Royal Mills (Palani).
Royal Mills (Palani) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.43% increase. The company also saw a substantial fall in profitability, with a 104.03% decrease in profit. The company's net worth dipped by a decrease of 0.17%.
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What is the Ownership and Shareholding Structure of Royal Mills (Palani)?
In 2023, Royal Mills (Palani) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Torgy Mek India Private LimitedBalasubramaniam Muthuswamy and Subramanian Rajeshkumar are mutual person
Charges (Loans)
₹18.95 M
₹12.00 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 1.76 Cr
- Dhanlaxmi Bank Limited : 0.14 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 May 2022 | Dhanlaxmi Bank Limited | ₹1.40 M | Open |
| 16 Sep 2020 | Axis Bank Limited | ₹1.76 Cr | Open |
| 30 Oct 2014 | Dhanlaxmi Bank Limited | ₹1.20 Cr | Satisfied |
How Many Employees Work at Royal Mills (Palani)?
Royal Mills (Palani) has a workforce of 42 employees as of Apr 01, 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 Royal Mills (Palani), 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 Royal Mills (Palani)'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.
