Pal Synthetics Limited - Company Profile

It is a manufacturing public limited company based in Mumbai, Maharashtra, India, established in 1981.
1981 Mumbai, Maharashtra, India Active
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About Pal Synthetics Limited

Pal Synthetics Limited, a active public limited company, was established on 28 May 1981 in Mumbai, Maharashtra, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U99999MH1981PLC024491. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹4.72 Cr.

Formerly known as Pal Synthetics Pvtlimited, Rishi Textiles Industries Pvt Ltd. It upholds a active non-compliant status. Its leadership includes Ranvir Bhimchand Sharma (Director), Dapinderpal Singh Jagjit Singh Arora (Director), Rapinderpal Singh Jagjitsingh Arora (Director). Past directors included Dr Jagjit Singh Kharbanda, Jagjit Singh Arora, Mandeep Singh Gaba. It holds ₹35.56 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2019, with the balance sheet filed on 31 March 2019. It is based at Pal House Plot No. 41, Marolco.Op.Ind. Estate, Andheri, Mumbai, Maharashtra, 400059.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U99999MH1981PLC024491

  • Registration Number

    024491

  • Incorporation Date

    28 May 1981

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹4.72 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.72 Cr
  • Company Age 44 Year, 9 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 35.56 Cr
  • Revenue Growth **** -65.69%
  • Profit Growth **** 44.41%
  • Ebitda **** 88.32%
  • Net Worth -45.55%
  • Total Assets -10.52%
Company report

Pal Synthetics Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Pal Synthetics Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Pal Synthetics Limited?
Current Directors
Name Designation Appointment Date Status
Ranvir Bhimchand Sharma Director 28 Mar 2004 Current
Dapinderpal Singh Jagjit Singh Arora Director 31 Jan 1989 Current
Rapinderpal Singh Jagjitsingh Arora Director 01 May 2012 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 15 Dec 2016 Past
Pramod Abcsdd Managing Director 15 Jun 2016 Past
Pramod Abcsdd Director 15 Dec 2016 Past
Pramod Abcsdd Additional Director 29 Sep 2012 Past

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Financial Performance of Pal Synthetics.

Pal Synthetics Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 65.69% decrease. The company also saw a substantial improvement in profitability, with a 44.41% increase in profit. The company's net worth observed a substantial decline by a decrease of 45.55%.

Pal Synthetics revenue growth over time
Pal Synthetics profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 -65.69%
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*******
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Revenue from Operations
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 -65.69%
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*******
*******
*******
Total Assets
*******
 -10.52%
*******
*******
*******
*******
Profit or Loss
*******
 44.41%
*******
*******
*******
*******
Net Worth
*******
 -45.55%
*******
*******
*******
*******
EBITDA
*******
 88.32%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Pal Synthetics?

In 2019, Pal Synthetics had a promoter holding of 65.00% and a public holding of 34.99%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹355,554,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Bank Of Baroda : 35.56 Cr
Latest Charge Details
Date Lender Amount Status
07 Jul 1995 Bank Of Baroda ₹11.75 Cr Open
26 Mar 1994 Bank Of Baroda ₹11.75 Cr Open
26 Mar 1994 Bank Of Baroda ₹12.06 Cr Open

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How Many Employees Work at Pal Synthetics?

Unlock and access historical data on people associated with Pal Synthetics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pal Synthetics, 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 Pal Synthetics'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.

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Latest Updates, News, and FAQs on Pal Synthetics
Recent Activity within the Organization
  • Annual General Meeting

    Pal Synthetics Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Pal Synthetics Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai. was documented.

  • Charges

    Progress on A charge with Bank Of Baroda of Rs. 11.75 Cr registered on 07 Jul 1995 with Charge ID 80040922 was modified on 28 Sep 2012. was documented.

  • Charges

    The activity A charge with Bank Of Baroda of Rs. 11.75 Cr registered on 26 Mar 1994 with Charge ID 80040921 was modified on 27 Aug 2012. was completed.

  • Director Appointment

    Rapinderpal Singh Jagjitsingh Arora was appointed as a Director was appointed as a Director on 01 May 2012 & has been associated with this company since 13 years 10 months . was recorded as a recent event.

  • Charges

    A charge with Bank Of Baroda of Rs. 12.06 Cr registered on 26 Mar 1994 with Charge ID 80040923 was modified on 25 Feb 2010. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Pal Synthetics Limited?

The CIN of Pal Synthetics Limited is U99999MH1981PLC024491.

Where is Pal Synthetics Limited headquartered?

Pal Synthetics Limited is headquartered at Pal House Plot No. 41, Marolco.Op.Ind. Estate, Andheri, Mumbai, Maharashtra, 400059.

When was Pal Synthetics Limited incorporated?

Pal Synthetics Limited was incorporated on 28 May 1981.

Who are the current directors of Pal Synthetics Limited?

The current directors of Pal Synthetics Limited are

What is the primary industry of Pal Synthetics Limited?

The primary industry of Pal Synthetics Limited is Manufacturing.

Is Pal Synthetics Limited a listed company?

Pal Synthetics Limited is unlisted.

What is the capital structure of Pal Synthetics Limited?

The authorized capital of Pal Synthetics Limited is ₹5.00 Cr, and the paid-up capital is ₹4.72 Cr.

What is the compliance status of Pal Synthetics Limited?

The compliance status of Pal Synthetics Limited is Active Non-Compliant.

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