Pallipalayam Spinners Private Limited - Company Profile

It is a manufacturing private limited company based in Erode, Tamil Nadu, India, established in 1974.
1974 Erode, Tamil Nadu, India Active
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About Pallipalayam Spinners Private Limited

Pallipalayam Spinners Private Limited, a active private limited company, was established on 21 February 1974 in Erode, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17111TZ1974PTC000691. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹3.08 M.

It upholds a compliant status. Employing 1 professional, Its leadership includes Pachakgounder Palaniappan Nagarajan (Director), Sairam Karthikeyan (Director), Kulandaivelu Ashokkumar (Director). Past directors included Nutrajan Pongiya Gounder, Palanivelappagounder Kulandaivelu Jayagopal, Kulandaivelu Ashokkumar. It holds no open charges and ₹144.57 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 14-Asankari Byepass Road Pallipalayam, Erode, Tamil Nadu, 638006.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U17111TZ1974PTC000691

  • Registration Number

    000691

  • Incorporation Date

    21 February 1974

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹3.08 M

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.08 M
  • Company Age 52 Year, 8 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 144.57 Cr
  • Revenue Growth **** 1.54%
  • Profit Growth **** 1397.11%
  • Ebitda **** -3.41%
  • Net Worth 20.42%
  • Total Assets **** 17.58%
Company report

Pallipalayam Spinners Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Pallipalayam Spinners 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 Pallipalayam Spinners Private Limited?
Current Directors
Name Designation Appointment Date Status
Pachakgounder Palaniappan Nagarajan Director 25 Jul 1985 Current
Sairam Karthikeyan Director 29 Sep 2004 Current
Kulandaivelu Ashokkumar Director 20 May 2010 Current
Alok Khemka Director 01 Feb 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 13 May 2012 Past
Pramod Abcsdd Director 20 May 2010 Past
Pramod Abcsdd Additional Director 27 Sep 2010 Past
Pramod Abcsdd Director 23 Dec 2018 Past

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Financial Performance of Pallipalayam Spinners.

Pallipalayam Spinners Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.54% increase. The company also saw a substantial improvement in profitability, with a 1397.11% increase in profit. The company's net worth Soared by an impressive increase of 20.42%.

Pallipalayam Spinners revenue growth over time
Pallipalayam Spinners 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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 1.54%
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*******
Revenue from Operations
*******
*******
*******
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*******
*******
Total Assets
*******
 17.58%
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*******
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Profit or Loss
*******
 1397.11%
*******
*******
*******
*******
Net Worth
*******
 20.42%
*******
*******
*******
*******
EBITDA
*******
 -3.41%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Pallipalayam Spinners?

Unlock access to Pallipalayam Spinners'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

₹1,445,715,598.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 99.11 Cr
  • Indian Overseas Bank : 25.45 Cr
  • The South Indian Bank Limited : 5.33 Cr
  • The South Indian Bank Ltd : 3.33 Cr
  • Icici Ltd : 2.50 Cr
  • Others : 8.87 Cr
Latest Charge Details
Date Lender Amount Status
30 Mar 2010 Indian Overseas Bank ₹7.00 Cr Satisfied
30 Mar 2010 Indian Overseas Bank ₹12.80 Cr Satisfied
30 Mar 2010 Indian Overseas Bank ₹1.50 Cr Satisfied
04 Jul 2006 State Bank Of India ₹37.50 Cr Satisfied
09 Nov 2005 The South India Bank Ltd ₹0.00 Satisfied

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How Many Employees Work at Pallipalayam Spinners?

Pallipalayam Spinners has a workforce of 1 employees as of Sep 23, 2025. 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 Pallipalayam 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 Pallipalayam Spinners'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 Pallipalayam Spinners
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Pallipalayam Spinners Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Pallipalayam Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was completed.

  • Director Appointment

    Progress on Alok Khemka was appointed as a Director was appointed as a Director on 01 Feb 2019 & has been associated with this company since 7 years 29 days . was documented.

  • Charges

    The activity A charge registered on 30 Mar 2010 via Charge ID 10219139 with Indian Overseas Bank was fully satisfied on 25 Sep 2015. was completed.

  • Charges

    The activity A charge registered on 04 Jul 2006 via Charge ID 10017121 with State Bank Of India was fully satisfied on 18 Sep 2014. was completed.

  • Charges

    A charge registered on 27 Aug 2004 via Charge ID 90007213 with State Bank Of India was fully satisfied on 18 Sep 2014. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Pallipalayam Spinners Private Limited?

The CIN of Pallipalayam Spinners Private Limited is U17111TZ1974PTC000691.

Where is Pallipalayam Spinners Private Limited headquartered?

Pallipalayam Spinners Private Limited is headquartered at 14-Asankari Byepass Road Pallipalayam, Erode, Tamil Nadu, 638006.

When was Pallipalayam Spinners Private Limited incorporated?

Pallipalayam Spinners Private Limited was incorporated on 21 February 1974.

Who are the current directors of Pallipalayam Spinners Private Limited?

The current directors of Pallipalayam Spinners Private Limited are

What is the primary industry of Pallipalayam Spinners Private Limited?

The primary industry of Pallipalayam Spinners Private Limited is Manufacturing.

Is Pallipalayam Spinners Private Limited a listed company?

Pallipalayam Spinners Private Limited is unlisted.

What is the capital structure of Pallipalayam Spinners Private Limited?

The authorized capital of Pallipalayam Spinners Private Limited is ₹1.00 Cr, and the paid-up capital is ₹3.08 M.

What is the compliance status of Pallipalayam Spinners Private Limited?

The compliance status of Pallipalayam Spinners Private Limited is Compliant.

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