Palanivel Spinning Mills Private Limited - Company Profile

It is a manufacturing private limited company based in Salem, Tamil Nadu, India, established in 1982.
1982 Salem, Tamil Nadu, India Active
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About Palanivel Spinning Mills Private Limited

Palanivel Spinning Mills Private Limited, a active private limited company, was established on 20 February 1982 in Salem, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17111TZ1982PTC001153. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹3.50 M.

It upholds a active non-compliant status. Its leadership includes Dhravidamani Palanivel (Managing Director), Senthil Dravidamani (Director), Ammani Pazhanivel (Director). It holds ₹1.00 M open charges and no settled loans. It is based at Palaniapuri Postkothambadi Attur, Salem, Tamil Nadu, 636108.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U17111TZ1982PTC001153

  • Registration Number

    001153

  • Incorporation Date

    20 February 1982

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹3.50 M

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.50 M
  • Company Age 44 Year, 1 Month
  • Open Charges ₹ 1.00 M
Company report

Palanivel Spinning Mills Private Limited

Company Report FY 2025-2026

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Who are the key members and board of directors at Palanivel Spinning Mills Private Limited?
Current Directors
Name Designation Appointment Date Status
Dhravidamani Palanivel Managing Director 23 Feb 1992 Current
Senthil Dravidamani Director 23 Feb 1992 Current
Ammani Pazhanivel Director 23 Feb 2002 Current
Ramani Athiappan Director 23 Feb 1992 Current

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Financial Performance of Palanivel Spinning Mills.

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Palanivel Spinning Mills revenue growth over time
Palanivel Spinning Mills 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
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What is the Ownership and Shareholding Structure of Palanivel Spinning Mills?

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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

₹1,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Bharat Overseas Bank Ltd. : 0.10 Cr
Latest Charge Details
Date Lender Amount Status
26 Mar 1993 Bharat Overseas Bank Ltd. ₹1.00 M Open

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How Many Employees Work at Palanivel Spinning Mills?

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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

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Rating
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Alerts
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Latest Updates, News, and FAQs on Palanivel Spinning Mills
Recent Activity within the Organization
  • Director Appointment

    Progress on Ammani Pazhanivel was appointed as a Director was appointed as a Director on 23 Feb 2002 & has been associated with this company since 24 years 1 month . was documented.

  • Charges

    The activity A charge with Bharat Overseas Bank Ltd. of Rs. 1.00 M registered on 26 Mar 1993 with Charge ID 90002538 was modified on 27 Mar 1993. was completed.

  • Charges

    Progress on A charge with Bharat Overseas Bank Ltd. amounted to Rs. 1.00 M with Charge ID 90002538 was registered on 26 Mar 1993. was documented.

  • Director Appointment

    The activity Dhravidamani Palanivel was appointed as a Managing Director was appointed as a Managing Director on 23 Feb 1992 & has been associated with this company since 34 years 1 month . was completed.

  • Director Appointment

    Senthil Dravidamani was appointed as a Director was appointed as a Director on 23 Feb 1992 & has been associated with this company since 34 years 1 month . was recorded as a recent event.

  • Director Appointment

    Ramani Athiappan was appointed as a Director was appointed as a Director on 23 Feb 1992 & has been associated with this company since 34 years 1 month . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Palanivel Spinning Mills Private Limited?

The CIN of Palanivel Spinning Mills Private Limited is U17111TZ1982PTC001153.

Where is Palanivel Spinning Mills Private Limited headquartered?

Palanivel Spinning Mills Private Limited is headquartered at Palaniapuri Postkothambadi Attur, Salem, Tamil Nadu, 636108.

When was Palanivel Spinning Mills Private Limited incorporated?

Palanivel Spinning Mills Private Limited was incorporated on 20 February 1982.

Who are the current directors of Palanivel Spinning Mills Private Limited?

The current directors of Palanivel Spinning Mills Private Limited are

What is the primary industry of Palanivel Spinning Mills Private Limited?

The primary industry of Palanivel Spinning Mills Private Limited is Manufacturing.

Is Palanivel Spinning Mills Private Limited a listed company?

Palanivel Spinning Mills Private Limited is unlisted.

What is the capital structure of Palanivel Spinning Mills Private Limited?

The authorized capital of Palanivel Spinning Mills Private Limited is ₹5.00 M, and the paid-up capital is ₹3.50 M.

What is the compliance status of Palanivel Spinning Mills Private Limited?

The compliance status of Palanivel Spinning Mills Private Limited is Active Non-Compliant.

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