Palar Paper Mills Limited - Company Profile

It is a manufacturing public limited company based in A Street, Tamil Nadu, India, established in 1996.
1996 A Street, Tamil Nadu, India Active
Last Updated:
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About Palar Paper Mills Limited

Palar Paper Mills Limited, a active public limited company, was established on 12 January 1996 in A Street, Tamil Nadu, India. Engaging in paper & packaging products within the manufacturing sector, it holds CIN: U21093TN1996PLC034186. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹9.95 Cr.

It upholds a compliant status. Its leadership includes Sanjeev (Director), Murali Swathi (Additional Director), Mohanbabu Balaiah (Additional Director). Past directors included Mahalingam Ganesan, Pappanallur Madapoosai Padmanaban, Sanjeev. It holds ₹22.91 Cr open charges and ₹21.16 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No 4 Chunnam Bukkara Street A Street, A Street, Tamil Nadu.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U21093TN1996PLC034186

  • Registration Number

    034186

  • Incorporation Date

    12 January 1996

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹9.95 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.95 Cr
  • Company Age 30 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 22.91 Cr
  • Satisfied Charges ₹ 21.16 Cr
  • Revenue Growth **** 1088.31%
  • Profit Growth **** -97.72%
  • Ebitda **** 311.05%
  • Net Worth 0.01%
  • Total Assets **** 27.51%
Company report

Palar Paper Mills Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Palar Paper Mills 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 Paper Mills Limited?
Current Directors
Name Designation Appointment Date Status
Sanjeev Director 29 May 2020 Current
Murali Swathi Additional Director 09 Jul 2021 Current
Mohanbabu Balaiah Additional Director 29 May 2020 Current
Thanigaivel Kalyanasundaram Director 12 Jan 1996 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 29 May 2020 Past
Pramod Abcsdd Additional Director 11 Dec 2020 Past
Pramod Abcsdd Additional Director 29 Sep 2024 Past
Pramod Abcsdd Director 29 Mar 2017 Past
Pramod Abcsdd Additional Director 03 May 2021 Past
Pramod Abcsdd Director 29 Mar 2017 Past

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Financial Performance of Palar Paper Mills.

Palar Paper Mills Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 1088.31% increase. The company also saw a substantial fall in profitability, with a 97.72% decrease in profit. The company's net worth moved up by a moderate rise of 0.01%.

Palar Paper Mills revenue growth over time
Palar Paper 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
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 1088.31%
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*******
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Revenue from Operations
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 1068.32%
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*******
*******
Total Assets
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 27.51%
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*******
Profit or Loss
*******
 -97.72%
*******
*******
*******
*******
Net Worth
*******
 0.01%
*******
*******
*******
*******
EBITDA
*******
 311.05%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Palar Paper Mills?

In 2022, Palar Paper Mills had a promoter holding of 100.00%. 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

₹229,100,000.00

Satisfied Charges

₹211,600,000.00

Charges Breakdown by Lending Institutions
  • Canara Bank : 21.21 Cr
  • State Industries Promotion Corpn. Of Tamil Nadu Limited : 1.70 Cr
Latest Charge Details
Date Lender Amount Status
31 Dec 2021 Canara Bank ₹9.50 Cr Open
28 Dec 2017 Canara Bank ₹11.71 Cr Open
23 Mar 1998 State Industries Promotion Corpn. Of Tamil Nadu Limited ₹1.70 Cr Open
13 Jul 2004 The South Indian Bank Limited ₹3.10 Cr Satisfied
13 Jul 2004 The South Indian Bank Ltd. ₹16.61 Cr Satisfied

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How Many Employees Work at Palar Paper Mills?

Unlock and access historical data on people associated with Palar Paper Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Palar Paper Mills, 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 Palar Paper Mills'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 Palar Paper Mills
Recent Activity within the Organization
  • Annual General Meeting

    The activity Palar Paper Mills Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Palar Paper Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was documented.

  • Charges

    Progress on A charge with Canara Bank of Rs. 9.50 Cr registered on 31 Dec 2021 with Charge ID 100528754 was modified on 27 Dec 2023. was documented.

  • Charges

    Progress on A charge registered on 26 Mar 1998 via Charge ID 90284622 with The Tamilnadu Industrial Investment Corpn. Ltd. was fully satisfied on 24 Mar 2022. was documented.

  • Charges

    Progress on A charge registered on 13 Jul 2004 via Charge ID 90283289 with The South Indian Bank Ltd. was fully satisfied on 15 Feb 2022. was documented.

  • Charges

    The activity A charge registered on 13 Jul 2004 via Charge ID 90282503 with The South Indian Bank Limited was fully satisfied on 15 Feb 2022. was completed.

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Frequently Asked Questions
What is the CIN of Palar Paper Mills Limited?

The CIN of Palar Paper Mills Limited is U21093TN1996PLC034186.

Where is Palar Paper Mills Limited headquartered?

Palar Paper Mills Limited is headquartered at No 4 Chunnam Bukkara Street A Street, A Street, Tamil Nadu.

When was Palar Paper Mills Limited incorporated?

Palar Paper Mills Limited was incorporated on 12 January 1996.

Who are the current directors of Palar Paper Mills Limited?

The current directors of Palar Paper Mills Limited are

What is the primary industry of Palar Paper Mills Limited?

The primary industry of Palar Paper Mills Limited is Manufacturing.

Is Palar Paper Mills Limited a listed company?

Palar Paper Mills Limited is unlisted.

What is the capital structure of Palar Paper Mills Limited?

The authorized capital of Palar Paper Mills Limited is ₹10.00 Cr, and the paid-up capital is ₹9.95 Cr.

What is the compliance status of Palar Paper Mills Limited?

The compliance status of Palar Paper Mills Limited is Compliant.

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