Palani Andavar Cotton And Synthetic Spinners Limited Company Logo

Palani Andavar Cotton And Synthetic Spinners Limited - Company Profile

It is a manufacturing public limited company based in Coimbatore, Tamil Nadu, India, established in 1982.

1982 | Coimbatore, Tamil Nadu, India | Active
Last Updated:

About Palani Andavar Cotton And Synthetic Spinners Limited

Palani Andavar Cotton And Synthetic Spinners Limited, a active public limited company, was established on 20 January 1982 in Coimbatore, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17111TZ1982PLC001139. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹2.94 Cr.

Formerly known as Palani Andavar Cotton And Synthetic Spinners Private Limited. It upholds a compliant status. Its leadership includes Sathyanathan Padmavathy (Director), Sandhyaa Vikram (Director), Satyanathan Vikram Venkataswamy (Director). Past directors included Vidyasagar Sathyanathan, Sandhyaa Vikram, Ranganathasamy Ramanathan. It holds no open charges and ₹10.76 Cr settled loans. Its latest AGM occurred on 07 August 2025, with the balance sheet filed on 31 March 2025. It is based at 236/1Dhalli Road Udamalpet, Coimbatore, Tamil Nadu, 642126.

Company Details

  • CIN/LLPIN

    U17111TZ1982PLC001139

  • Registration Number

    001139

  • Incorporation Date

    20 January 1982

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹2.94 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.94 Cr
  • Company Age 43 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 10.76 Cr
  • Revenue Growth -50.62%
  • Profit Growth 16.97%
  • Ebitda 29.87%
  • Net Worth -14.56%
  • Total Assets -1.12%
Company report

Palani Andavar Cotton And Synthetic Spinners Limited

Company Report FY 2025-2026

Explore comprehensive insights into Palani Andavar Cotton And Synthetic Spinners 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 Palani Andavar Cotton And Synthetic Spinners Limited?

Current Directors

NameDesignationAppointment DateStatus
Sathyanathan PadmavathyDirector09 Apr 1990Current
Sandhyaa VikramDirector29 Aug 2018Current
Satyanathan Vikram VenkataswamyDirector22 Mar 2012Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector15 Oct 2018Past
Pramod AbcsddAdditional Director29 Sep 2018Past
Pramod AbcsddDirector13 Mar 2009Past
Pramod AbcsddAdditional Director24 Dec 2012Past
Pramod AbcsddDirector24 May 2017Past

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Financial Performance of Palani Andavar Cotton And Synthetic Spinners.

Palani Andavar Cotton And Synthetic Spinners Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 50.62% decrease. The company also saw a substantial improvement in profitability, with a 16.97% increase in profit. The company's net worth observed a substantial decline by a decrease of 14.56%.

Palani Andavar Cotton And Synthetic Spinners revenue growth over time
Palani Andavar Cotton And Synthetic Spinners 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
-50.62%
Revenue from Operations
-54.49%
Total Assets
-1.12%
Profit or Loss
16.97%
Net Worth
-14.56%
EBITDA
29.87%

What is the Ownership and Shareholding Structure of Palani Andavar Cotton And Synthetic Spinners?

In 2021, Palani Andavar Cotton And Synthetic Spinners had a promoter holding of 49.26% and a public holding of 50.74%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹107,600,000.00

Charges Breakdown by Lending Institutions

  • Icici Ltd : 8.00 Cr
  • Central Bank Of India : 1.57 Cr
  • The Industrial Credit And Investment Corp Of India Ltd : 0.85 Cr
  • Industrial Finance Corporation Of India : 0.34 Cr

Latest Charge Details

DateLenderAmountStatus
05 May 1999Central Bank Of India₹5.00 MSatisfied
12 Jan 1998Central Bank Of India₹5.00 MSatisfied
30 Jun 1997Icici Ltd₹3.00 CrSatisfied
09 Jul 1991Icici Ltd₹5.00 CrSatisfied
02 Jul 1990Industrial Finance Corporation Of India₹3.40 MSatisfied

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How Many Employees Work at Palani Andavar Cotton And Synthetic Spinners?

Unlock and access historical data on people associated with Palani Andavar Cotton And Synthetic Spinners, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Palani Andavar Cotton And Synthetic Spinners Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palani Andavar Cotton And Synthetic Spinners, 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 Palani Andavar Cotton And Synthetic Spinners's trajectory.

Rating

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Palani Andavar Cotton And Synthetic Spinners

Recent Activity within the Organization

  • Annual General Meeting

    The activity Palani Andavar Cotton And Synthetic Spinners Limited last Annual general meeting of members was held on 07 Aug 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Palani Andavar Cotton And Synthetic Spinners Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore. was documented.

  • Director Appointment

    The activity Sandhyaa Vikram was appointed as a Director was appointed as a Director on 29 Aug 2018 & has been associated with this company since 7 years 3 months . was completed.

  • Charges

    A charge registered on 30 Jun 1997 via Charge ID 90008481 with Icici Ltd was fully satisfied on 24 May 2012. was recorded as a recent event.

  • Director Appointment

    Progress on Satyanathan Vikram Venkataswamy was appointed as a Director was appointed as a Director on 22 Mar 2012 & has been associated with this company since 13 years 8 months . was documented.

  • Charges

    The activity A charge registered on 09 Jul 1991 via Charge ID 90008031 with Icici Ltd was fully satisfied on 24 Aug 2011. was completed.

Frequently Asked Questions

  • What is the CIN of Palani Andavar Cotton And Synthetic Spinners Limited?

    The CIN of Palani Andavar Cotton And Synthetic Spinners Limited is U17111TZ1982PLC001139.

  • Where is Palani Andavar Cotton And Synthetic Spinners Limited headquartered?

    Palani Andavar Cotton And Synthetic Spinners Limited is headquartered at 236/1Dhalli Road Udamalpet, Coimbatore, Tamil Nadu, 642126.

  • When was Palani Andavar Cotton And Synthetic Spinners Limited incorporated?

    Palani Andavar Cotton And Synthetic Spinners Limited was incorporated on 20 January 1982.

  • Who are the current directors of Palani Andavar Cotton And Synthetic Spinners Limited?

    The current directors of Palani Andavar Cotton And Synthetic Spinners Limited are

  • What is the primary industry of Palani Andavar Cotton And Synthetic Spinners Limited?

    The primary industry of Palani Andavar Cotton And Synthetic Spinners Limited is Manufacturing.

  • Is Palani Andavar Cotton And Synthetic Spinners Limited a listed company?

    Palani Andavar Cotton And Synthetic Spinners Limited is unlisted.

  • What is the capital structure of Palani Andavar Cotton And Synthetic Spinners Limited?

    The authorized capital of Palani Andavar Cotton And Synthetic Spinners Limited is ₹3.00 Cr, and the paid-up capital is ₹2.94 Cr.

  • What is the compliance status of Palani Andavar Cotton And Synthetic Spinners Limited?

    The compliance status of Palani Andavar Cotton And Synthetic Spinners Limited is Compliant.

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