- Udyam number
- UDYAM-MH-07-0014324

Palsiddha Spinners Private Limited
About Palsiddha Spinners Private Limited
Data last updated:
Palsiddha Spinners Private Limited is a private limited company based in Buldana, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 05 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U17299MH2021PTC368816. Its GSTIN is 27AAMCP3509L1Z0 (Maharashtra).
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹9 Cr. It is led by directors including Harsha Harichandra Kate and Rajendra Sahebrao Kate.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey No. 43/1/45/5/80 Behind Krushi Vaibhav Lawn Mehkar (Mcl), Buldana, Maharashtra, India – 443301.
As per the financials filed for FY 2025, the company reported a revenue of ₹83.91 Cr, a growth of 70% compared to the previous year. For the same year it recorded a net profit of ₹4.59 Cr (net margin 5.5%) and EBITDA of ₹12.72 Cr (EBITDA margin 15.2%).
The company has about 38 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹92 Cr on record.
Palsiddha Spinners Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-07-0014324).
Company details
Recognitions & Rankings of Palsiddha Spinners
Contact details
Palsiddha Spinners Private Limited's registered office is in Buldana, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSurvey No. 43/1/45/5/80 Behind Krushi Vaibhav Lawn Mehkar (Mcl), Buldana, Maharashtra, India – 443301
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Palsiddha Spinners Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Palsiddha Spinners is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of Palsiddha Spinners Private Limited, buy the company report.
Financials of Palsiddha Spinners Private Limited
FY 2025 filings availablePalsiddha Spinners Private Limited reported revenue of ₹83.91 Cr (up 70% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 70% in the latest year. EBITDA rose 161% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹12.72 Cr | |||
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| Net Profit (PAT) | ₹4.59 Cr | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | ||||
| EBITDA Margin | 15.2% | |||
| Net Profit Margin | 5.5% | |||
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To see the full financial statements and ratios of Palsiddha Spinners Private Limited, buy the company report.
Board of directors of Palsiddha Spinners Private Limited
Palsiddha Spinners has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsha Harichandra Kate | Director | 05 Oct 2021 | 5 Years 0 Months | Current |
| Rajendra Sahebrao Kate Also directs: Adyam Energy Solutions Private Limited, Shree Palsiddha Construction Private Limited, Palsiddha Holdings Private Limited and 3 more | Director | 23 Feb 2022 | 4 Years 8 Months | Current |
| Arjun Bhivasan Kate | Director | 23 Feb 2022 | 4 Years 8 Months | Current |
Auditor
Palsiddha Spinners Private Limited is audited by S R KALANTRI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R KALANTRI & ASSOCIATES | FY 2023 | 130426W |
Shareholding
The shareholding of Palsiddha Spinners Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Palsiddha Spinners Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2025 | 101180199 | Hdfc Bank Limited | ₹10 Cr | Open | |
| 29 Mar 2025 | 101083152 | Canara Bank | ₹35 Cr | Open | |
| 28 Jul 2022 | 100600041 | Others | ₹47 Cr | Open |
To see the full charge records of Palsiddha Spinners Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Palsiddha Spinners Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Palsiddha Spinners Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Palsiddha Spinners has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCP3509L1Z0 | Maharashtra | Active | 08 Nov 2021 |
To see the full GST registrations and return filing status of Palsiddha Spinners Private Limited, buy the company report.
Recent activity
Palsiddha Spinners Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Kalyani Prafulla Moharil ceased to be Director on 24 Feb 2022.
Frequently asked questions
Palsiddha Spinners is an active private limited company based in Buldana, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 05 October 2021 (5+ years old) and is registered under CIN U17299MH2021PTC368816.
Palsiddha Spinners has 3 current directors:
- Harsha Harichandra Kate - Director
- Rajendra Sahebrao Kate - Director
- Arjun Bhivasan Kate - Director
The latest financial statements of Palsiddha Spinners on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Palsiddha Spinners is 27AAMCP3509L1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Palsiddha Spinners is U17299MH2021PTC368816. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palsiddha Spinners was incorporated on 05 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Nagpur.
Kalyani Prafulla Moharil ceased to be Director on 24 Feb 2022. Arjun Bhivasan Kate was appointed as Director on 23 Feb 2022. Rajendra Sahebrao Kate was appointed as Director on 23 Feb 2022. Palsiddha Spinners has 4 board changes on record in total.
Yes, Palsiddha Spinners is registered as an MSME under Udyam registration (number: UDYAM-MH-07-0014324).
The registered office of Palsiddha Spinners is at Survey No. 43145580 Behind Krushi Vaibhav Lawn Mehkar Mcl, Buldana, Maharashtra, India – 443301.
Palsiddha Spinners operates in the manufacturing industry, in the textile and fabric production segment.

