The Palani Andavar Mills Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 5.80 M
- Company Age 91 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 36.10 Cr
- Satisfied Charges ₹ 17.73 Cr
- Revenue Growth -1.21%
- Profit Growth -74.71%
- Ebitda -57.05%
- Net Worth 4.22%
- Total Assets 2.22%
About The Palani Andavar Mills
The Palani Andavar Mills Private Limited (TPAMPL) was founded in India on 25 April 1933 and has a glorious history of 91 years and 11 months. Its registered office is in Coimbatore, Tamil Nadu, India.
The Corporate was formerly known as The Palani Andavar Mills Limited. 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 3.00 Cr and a paid-up capital of Rs 5.80 M.
The company currently has active open charges totaling ₹36.10 Cr. The company has closed loans amounting to ₹17.73 Cr, as per Ministry of Corporate Affairs (MCA) records.
Girija Parthasarathy and Ramaswamy Mahendran serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40108TZ1933PTC000139
- Company No.
000139
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Apr 1933
- Date of AGM
20 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
Who are the key members and board of directors at The Palani Andavar Mills?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Girija Parthasarathy  | Managing Director | 23-May-1983 | Current |
| Ramaswamy Mahendran | Managing Director | 15-Jul-2015 | Current |
Board Members
No Directors or KMP associated with company. Upon reviewing the records, we can confirm that there are no Directors or Key Management Personnel (KMP) associated with this company at present.
Financial Performance of The Palani Andavar Mills.
The Palani Andavar Mills Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.21% decrease. The company also saw a substantial fall in profitability, with a 74.71% decrease in profit. The company's net worth moved up by a moderate rise of 4.22%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of The Palani Andavar Mills?
In 2023, The Palani Andavar Mills had a promoter holding of 95.75% and a public holding of 4.25%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
The Coimbatore Cosmopolitan ClubRamaswamy Mahendran is a mutual person
Tamil Nadu Electricity Consumers' AssociationRamaswamy Mahendran is a mutual person
Charges (Loans)
Open Charges
₹36.10 Cr
Satisfied Charges
₹17.73 Cr
Charges Breakdown by Lending Institutions
- Others : 21.10 Cr
- Indian Bank : 15.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Mar 2024 | Indian Bank | ₹15.00 Cr | Open |
| 23 Feb 2022 | Others | ₹3.39 Cr | Open |
| 23 Feb 2022 | Others | ₹1.16 Cr | Open |
| 19 Jan 2022 | Others | ₹9.48 M | Open |
| 11 Jan 2021 | Others | ₹2.00 Cr | Open |
How Many Employees Work at The Palani Andavar Mills?
The Palani Andavar Mills has a workforce of 141 employees as of Mar 28, 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 The Palani Andavar Mills, 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 The Palani Andavar Mills'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 The Palani Andavar Mills
Recent activity within the organization
- Charges
A charge registered on 05 Jun 2020 via Charge ID 100347235 with Others was fully satisfied on 27 May 2024.
- Charges
A charge with Indian Bank of Rs. 15.00 Cr registered on 22 Mar 2024 with Charge ID 100886928 was modified on 25 Mar 2024.
- Charges
A charge with Indian Bank amounted to Rs. 15.00 Cr with Charge ID 100886928 was registered on 22 Mar 2024.
- Charges
A charge registered on 27 Dec 2018 via Charge ID 100228553 with Others was fully satisfied on 01 Dec 2023.
- Annual General Meeting
The Palani Andavar Mills Private Limited last Annual general meeting of members was held on 20 Sep 2023 as per latest MCA records.
- Balance Sheet
The Palani Andavar Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
Frequently asked questions
What is the Incorporation or founding date of The Palani Andavar Mills Private Limited?
The Palani Andavar Mills Private Limited was incorporated on 25 Apr 1933.
What is authorized share capital and paid-up capital of The Palani Andavar Mills Private Limited?
The authorized share capital of The Palani Andavar Mills Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 5.80 M.
Who are the current board members & directors of The Palani Andavar Mills Private Limited?
Currently 2 directors are associated with The Palani Andavar Mills Private Limited.
- Girija Parthasarathy
- Ramaswamy Mahendran
What is the registered address of The Palani Andavar Mills Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of The Palani Andavar Mills Private Limited is 236 Dhally Road India, Udamalpet, Tamil Nadu, 642126.
What is the corporate identification number (CIN) and company number of The Palani Andavar Mills Private Limited?
The corporate identification number (CIN) of The Palani Andavar Mills Private Limited is U40108TZ1933PTC000139 and the company number is 000139 as per Ministry of Corporate Affairs (MCA).
What is the official website of The Palani Andavar Mills Private Limited?
The Official website of The Palani Andavar Mills Private Limited is https://www.palaniandavarmills.in
What has been the recent revenue trend for The Palani Andavar Mills Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for The Palani Andavar Mills Private Limited has fallen by -1.21%.
How many employees does The Palani Andavar Mills Private Limited currently have?
As Per 2023 financial reports, 141 employees are currently employed by The Palani Andavar Mills Private Limited.
What change has been observed in the net worth of The Palani Andavar Mills Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of The Palani Andavar Mills Private Limited has experienced an upsurge of 4.22%.
What are the total open charges for The Palani Andavar Mills Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for The Palani Andavar Mills Private Limited amount to ₹ 36.10 Cr.
When was the last Balance Sheet of The Palani Andavar Mills Private Limited filed with the ROC?
The most recent Balance Sheet for The Palani Andavar Mills Private Limited was filed with the ROC on 31 Mar 2023.
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