Palani Vijay Cottspin Private Limited - Company Profile

It is a manufacturing private limited company based in Dharapuram, Tamil Nadu, India, established in 2005.
2005 Dharapuram, Tamil Nadu, India Active
Last Updated:
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About Palani Vijay Cottspin Private Limited

Palani Vijay Cottspin Private Limited, a active private limited company, was established on 30 November 2005 in Dharapuram, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17111TZ2005PTC012326. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹21.00 Cr and a paid-up capital of ₹18.70 Cr.

It upholds a compliant status. Employing 258 professional, Its leadership includes Subramani Ramasamy Naicker (Director), Baskar Subbarayalu (Director), Velampatti Sellamuthu Karuppusamy (Director). Past directors included Dhanapal Ramasamy Thangavel, Subramani Ramasamy Naicker, Baskar Subbarayalu. It holds ₹49.21 Cr open charges and no settled loans. Its latest AGM occurred on 18 September 2024, with the balance sheet filed on 31 March 2024. It is based at No 3/101 Dharapuram To Palani Main Road, Bommanallur Post, Dharapuram Tk, Dharapuram, Tamil Nadu, 638673.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U17111TZ2005PTC012326

  • Registration Number

    012326

  • Incorporation Date

    30 November 2005

  • Authorized Capital

    ₹21.00 Cr

  • Paid-Up Capital

    ₹18.70 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 21.00 Cr
  • Paid Up Capital ₹ 18.70 Cr
  • Company Age 20 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 49.21 Cr
  • Revenue Growth **** -1.38%
  • Profit Growth **** -98.56%
  • Ebitda **** -50.12%
  • Net Worth 0.26%
  • Total Assets -0.02%
Company report

Palani Vijay Cottspin Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Palani Vijay Cottspin Private 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 Vijay Cottspin Private Limited?
Current Directors
Name Designation Appointment Date Status
Subramani Ramasamy Naicker Director 01 Jul 2006 Current
Baskar Subbarayalu Director 22 Jul 2015 Current
Velampatti Sellamuthu Karuppusamy Director 01 Jul 2006 Current
Ramasamy Keerthi Director 28 Jun 2021 Current
Appasamy Ramalinga Appasamy Managing Director 30 Nov 2005 Current
Srinivasan Jeganiwas Director 28 Jun 2021 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 15 May 2010 Past
Pramod Abcsdd Director 27 Dec 2017 Past
Pramod Abcsdd Director 15 May 2010 Past
Pramod Abcsdd Director 04 Mar 2020 Past
Pramod Abcsdd Director 15 May 2010 Past
Pramod Abcsdd Director 01 Dec 2010 Past

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Financial Performance of Palani Vijay Cottspin.

Palani Vijay Cottspin Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.38% decrease. The company also saw a substantial fall in profitability, with a 98.56% decrease in profit. The company's net worth moved up by a moderate rise of 0.26%.

Palani Vijay Cottspin revenue growth over time
Palani Vijay Cottspin 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
********
 -1.38%
*******
*******
*******
*******
Revenue from Operations
*******
 -2.67%
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*******
*******
*******
Total Assets
*******
 -0.02%
*******
*******
*******
*******
Profit or Loss
*******
 -98.56%
*******
*******
*******
*******
Net Worth
*******
 0.26%
*******
*******
*******
*******
EBITDA
*******
 -50.12%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Palani Vijay Cottspin?

In 2023, Palani Vijay Cottspin had a promoter holding of 49.46% and a public holding of 50.54%. 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

₹492,100,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • State Bank Of India : 39.13 Cr
  • Sidbi : 10.08 Cr
Latest Charge Details
Date Lender Amount Status
01 Jul 2025 Sidbi ₹5.73 Cr Open
09 Feb 2024 Sidbi ₹4.35 Cr Open
22 Mar 2007 State Bank Of India ₹39.13 Cr Open

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How Many Employees Work at Palani Vijay Cottspin?

Palani Vijay Cottspin has a workforce of 258 employees as of Mar 30, 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.

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 Palani Vijay Cottspin, 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 Vijay Cottspin'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 Palani Vijay Cottspin
Recent Activity within the Organization
  • Charges

    The activity A charge with Sidbi amounted to Rs. 5.73 Cr with Charge ID 101121880 was registered on 01 Jul 2025. was completed.

  • Annual General Meeting

    Palani Vijay Cottspin Private Limited last Annual general meeting of members was held on 18 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Charges

    A charge with State Bank Of India of Rs. 39.13 Cr registered on 22 Mar 2007 with Charge ID 10045696 was modified on 02 May 2024. was recorded as a recent event.

  • Balance Sheet

    Progress on Palani Vijay Cottspin Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was documented.

  • Charges

    A charge with Sidbi amounted to Rs. 4.35 Cr with Charge ID 100861878 was registered on 09 Feb 2024. was recorded as a recent event.

  • Director Appointment

    Progress on Ramasamy Keerthi was appointed as a Director was appointed as a Director on 28 Jun 2021 & has been associated with this company since 4 years 8 months . was documented.

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Frequently Asked Questions
What is the CIN of Palani Vijay Cottspin Private Limited?

The CIN of Palani Vijay Cottspin Private Limited is U17111TZ2005PTC012326.

Where is Palani Vijay Cottspin Private Limited headquartered?

Palani Vijay Cottspin Private Limited is headquartered at No 3/101 Dharapuram To Palani Main Road, Bommanallur Post, Dharapuram Tk, Dharapuram, Tamil Nadu, 638673.

When was Palani Vijay Cottspin Private Limited incorporated?

Palani Vijay Cottspin Private Limited was incorporated on 30 November 2005.

Who are the current directors of Palani Vijay Cottspin Private Limited?

The current directors of Palani Vijay Cottspin Private Limited are

What is the primary industry of Palani Vijay Cottspin Private Limited?

The primary industry of Palani Vijay Cottspin Private Limited is Manufacturing.

Is Palani Vijay Cottspin Private Limited a listed company?

Palani Vijay Cottspin Private Limited is unlisted.

What is the capital structure of Palani Vijay Cottspin Private Limited?

The authorized capital of Palani Vijay Cottspin Private Limited is ₹21.00 Cr, and the paid-up capital is ₹18.70 Cr.

What is the compliance status of Palani Vijay Cottspin Private Limited?

The compliance status of Palani Vijay Cottspin Private Limited is Compliant.

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