Palar Home Textiles Private Limited - Company Profile

It is a manufacturing private limited company based in Chennai, Tamil Nadu, India, established in 1994.
1994 Chennai, Tamil Nadu, India Under Liquidation
Last Updated:
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About Palar Home Textiles Private Limited

Palar Home Textiles Private Limited, a under liquidation private limited company, was established on 04 May 1994 in Chennai, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U51900TN1994PTC101401. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹4.00 M.

Formerly known as Indokem Overseas Limited, Palar Home Textiles Private Limited. It upholds a compliant status. Its leadership includes Bharat Bir Mohindra (Director), Rashmi Mohindra (Director), Chitra Srinivas (Irp/Rp/Liquidator). Past directors included Mahendra Kishore Khatau, Milind Vallabh Mungikar, Asha Mahendra Khatau. It holds no open charges and ₹4.25 Cr settled loans. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at No.3, Second Floor, Salzburg Square Building, 107,(Opp To Shoppers Stop),Harrington Ro, Ad,Chetpet, Chennai, Tamil Nadu, 600031.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U51900TN1994PTC101401

  • Registration Number

    101401

  • Incorporation Date

    04 May 1994

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹4.00 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Under Liquidation

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 4.00 M
  • Company Age 31 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 4.25 Cr
  • Revenue Growth **** %
  • Profit Growth **** -6947.97%
  • Ebitda **** -952.38%
  • Net Worth -52.02%
  • Total Assets **** 2.76%
Company report

Palar Home Textiles Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Palar Home Textiles 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 Palar Home Textiles Private Limited?
Current Directors
Name Designation Appointment Date Status
Bharat Bir Mohindra Director 01 Apr 1997 Current
Rashmi Mohindra Director 23 Apr 2014 Current
Chitra Srinivas Irp/Rp/Liquidator 23 Jul 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 23 Apr 2014 Past
Pramod Abcsdd Director 29 Apr 2022 Past
Pramod Abcsdd Director 23 Apr 2014 Past
Pramod Abcsdd Director 24 Aug 2012 Past

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Financial Performance of Palar Home Textiles.

Palar Home Textiles Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 6947.97% decrease in profit. The company's net worth observed a substantial decline by a decrease of 52.02%.

Palar Home Textiles revenue growth over time
Palar Home Textiles 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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Revenue from Operations
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Total Assets
*******
 2.76%
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Profit or Loss
*******
 -6947.97%
*******
*******
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Net Worth
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 -52.02%
*******
*******
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EBITDA
*******
 -952.38%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Palar Home Textiles?

Unlock access to Palar Home Textiles's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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

₹0

Satisfied Charges

₹42,500,000.00

Charges Breakdown by Lending Institutions
  • Central Bank Of India : 4.25 Cr
Latest Charge Details
Date Lender Amount Status
13 Dec 1997 Central Bank Of India ₹4.25 Cr Satisfied

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How Many Employees Work at Palar Home Textiles?

Palar Home Textiles has a workforce of 0 employees as of Apr 09, 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

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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 Palar Home Textiles
Recent Activity within the Organization
  • Director Appointment

    The activity Chitra Srinivas was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 23 Jul 2024 & has been associated with this company since 1 year 6 months . was completed.

  • Annual General Meeting

    The activity Palar Home Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Palar Home Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai. was documented.

  • Charges

    A charge registered on 13 Dec 1997 via Charge ID 80039399 with Central Bank Of India was fully satisfied on 08 Sep 2015. was recorded as a recent event.

  • Director Appointment

    Rashmi Mohindra was appointed as a Director was appointed as a Director on 23 Apr 2014 & has been associated with this company since 11 years 9 months . was recorded as a recent event.

  • Charges

    Progress on A charge with Central Bank Of India of Rs. 4.25 Cr registered on 13 Dec 1997 with Charge ID 80039399 was modified on 14 Jul 2008. was documented.

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Frequently Asked Questions
What is the CIN of Palar Home Textiles Private Limited?

The CIN of Palar Home Textiles Private Limited is U51900TN1994PTC101401.

Where is Palar Home Textiles Private Limited headquartered?

Palar Home Textiles Private Limited is headquartered at No.3, Second Floor, Salzburg Square Building, 107,(Opp To Shoppers Stop),Harrington Ro, Ad,Chetpet, Chennai, Tamil Nadu, 600031.

When was Palar Home Textiles Private Limited incorporated?

Palar Home Textiles Private Limited was incorporated on 04 May 1994.

Who are the current directors of Palar Home Textiles Private Limited?

The current directors of Palar Home Textiles Private Limited are

What is the primary industry of Palar Home Textiles Private Limited?

The primary industry of Palar Home Textiles Private Limited is Manufacturing.

Is Palar Home Textiles Private Limited a listed company?

Palar Home Textiles Private Limited is unlisted.

What is the capital structure of Palar Home Textiles Private Limited?

The authorized capital of Palar Home Textiles Private Limited is ₹1.00 Cr, and the paid-up capital is ₹4.00 M.

What is the compliance status of Palar Home Textiles Private Limited?

The compliance status of Palar Home Textiles Private Limited is Compliant.

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