Pal Synthetics Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U99999MH1981PLC024491 Incorporated 28 May 1981 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Public Limited Company manufacturing
Data last updated
Revenue · FY 2019
₹38.37 Lakh
▼ 66.00% YoY
EBITDA · FY 2019
Locked
In full report
Net profit · FY 2019
Locked
In full report
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.72 Cr
Issued & subscribed
Open charges
₹35.56 Cr
Secured borrowings
Company age
45 yrs
Est. 1981
Last financials
Mar 2019
Balance sheet date

About Pal Synthetics Limited

Data last updated: 10 March 2026

Pal Synthetics Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in textile and fabric production, a part of the broader manufacturing sector. Incorporated on 28 May 1981, the company has been in operation for over 45 years.

Registered with ROC Mumbai under CIN U99999MH1981PLC024491.

Capital: an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.72 Cr. Formerly known as Pal Synthetics Pvtlimited and Rishi Textiles Industries Pvt Ltd. It is led by directors including Ranvir Bhimchand Sharma and Dapinderpal Singh Jagjit Singh Arora.

Last AGM: 30 September 2019. Financial statements filed for year ended 31 March 2019. Office: Pal House Plot No. 41 Marolco.Op.Ind. Estate Andheri, Mumbai, Maharashtra, India – 400059.

As per the financials filed for FY 2019, the company reported a revenue of ₹38.37 Lakh, a decline of 66% compared to the previous year.

As per MCA filings, the company has open charges of ₹35.56 Cr on record.

The current compliance status is marked as active non-compliant by the Registrar of Companies.

Company Details of Pal Synthetics Limited
CIN U99999MH1981PLC024491
Registration Number 024491
Incorporation Date 28 May 1981
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Pal House Plot No. 41 Marolco.Op.Ind. Estate Andheri, Mumbai, Maharashtra, India – 400059
  • Industry
    Manufacturing, Textile & Fabric Production
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Financials, compliance, directors, charges, ownership and filings for Pal Synthetics Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Pal Synthetics Limited

Pal Synthetics Limited has undergone 3 name changes throughout its history. The company was previously known as Pal Synthetics Pvtlimited, Rishi Textiles Industries Pvt Ltd, and Rishi Textiles Industries Ltd. The current legal name is Pal Synthetics Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Pal Synthetics Limited Current
Pal Synthetics Pvtlimited Previous
Rishi Textiles Industries Pvt Ltd Previous
Rishi Textiles Industries Ltd Previous

CIN History of Pal Synthetics Limited

Pal Synthetics Limited has one previous CIN (Corporate Identification Number): U99999MH1981PTC024491. The current CIN is U99999MH1981PLC024491, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U99999MH1981PLC024491 Current
U99999MH1981PTC024491 Previous

Business Activity of Pal Synthetics Limited

Pal Synthetics Limited is engaged in the principal business activity of manufacturing, with detailed activities including textile, leather and other apparel products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C2 Textile, leather and other apparel products Locked
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Business activity turnover details for Pal Synthetics Limited

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Auditor Details of Pal Synthetics Limited

Pal Synthetics Limited is audited by VIPIN L THAKUR & CO for the financial year 2019. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
VIPIN L THAKUR & CO Locked Locked Locked
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Complete auditor history for Pal Synthetics Limited

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Board of Directors of Pal Synthetics Limited

Pal Synthetics Limited is currently managed by 3 directors, with 4 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Ranvir Bhimchand Sharma Director 28 Mar 2004 22 Years 3 Months Current
Dapinderpal Singh Jagjit Singh Arora Director 31 Jan 1989 37 Years 5 Months Current
Rapinderpal Singh Jagjitsingh Arora Director 01 May 2012 14 Years 2 Months Current

Financials of Pal Synthetics Limited FY 2019 filings available

Pal Synthetics Limited reported revenue of ₹38.37 Lakh (down 66.00% YoY) for FY 2019.

Revenue · FY 2019
₹38.37 Lakh ▼ 66.00%
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Ten-year financial statements for Pal Synthetics Limited

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Ownership and Shareholding of Pal Synthetics Limited

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Shareholding and ownership data for Pal Synthetics Limited

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Group Structure of Pal Synthetics Limited

Pal Synthetics Limited has 1 associated company. This group structure data is as of FY 2019. The corporate group structure reflects Pal Synthetics Limited's business expansion strategy and organizational complexity.

1
Associated companies

Charges & Borrowings of Pal Synthetics Limited

Open charges
₹35.56 Cr
Satisfied charges
₹0
Breakdown by lending institutions
Bank of Baroda₹35.56 Cr
Latest charge details
DateLenderAmountStatus
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

Total charge records: 3 View all charges

Employees and EPFO Compliance at Pal Synthetics Limited

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Employee and EPFO history for Pal Synthetics Limited

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GST Compliance of Pal Synthetics Limited

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GST registrations and filing compliance for Pal Synthetics Limited

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Credit Ratings, Litigation & Regulatory Alerts for Pal Synthetics Limited

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Credit ratings, litigation, and regulatory alerts for Pal Synthetics Limited

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MSME Payment Delays by Pal Synthetics Limited

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MSME payment history for Pal Synthetics Limited

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Subsidiaries & Group Companies of Pal Synthetics Limited

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Corporate group structure for Pal Synthetics Limited

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MCA Filings & Documents of Pal Synthetics Limited

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MCA filings and documents for Pal Synthetics Limited

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Recent Activity on Pal Synthetics Limited

Activity
30 Sep 2019
Pal Synthetics Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Activity
31 Mar 2019
Pal Synthetics Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai I.
Charges
28 Sep 2012
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.
Charges
27 Aug 2012
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.
Directors
01 May 2012
Rapinderpal Singh Jagjitsingh Arora was appointed as a Director on 01 May 2012 & has been associated with this company since 14 years 2 months.
Charges
25 Feb 2010
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.

Frequently Asked Questions about Pal Synthetics Limited

Pal Synthetics Limited is an active public limited company in the manufacturing sector based in Mumbai, Maharashtra, India. It was incorporated on 28 May 1981 (45+ years old) and is registered under CIN U99999MH1981PLC024491.

Pal Synthetics Limited reported revenue of ₹38.37 Lakh for FY 2019 (down 66.00% YoY).

The current directors of Pal Synthetics Limited are:

The primary industry of Pal Synthetics Limited is manufacturing. The company specifically operates in textile and fabric production. The company is currently active in this sector.

Pal Synthetics Limited can be reached at the registered office: Pal House Plot No. 41 Marolco.Op.Ind. Estate Andheri, Mumbai, Maharashtra, India – 400059.

The authorised capital is ₹5 Cr, and the paid-up capital is ₹4.72 Cr.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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