Palwal Textile Industries Cluster Services
About Palwal Textile Industries Cluster Services
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Palwal Textile Industries Cluster Services is a private not for profit company based in Faridabad, Haryana, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 15 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U74999HR2019NPL083593.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7.9 Lakh. It was formerly known as Palwal Textile Industries Cluster Services Private Limited. It is led by directors including Upinder Singh and Daljeet Kaur.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Shop No. 26 1st Floor I.P. Colony, Faridabad, Haryana, India – 121004.
As per the financials filed for FY 2020, the company reported a revenue of ₹25,340. For the same year it recorded a net loss of ₹9,203 (net margin -36.3%) and EBITDA of -₹9,203 (EBITDA margin -36.3%).
Company details
CIN history
Palwal Textile Industries Cluster Services has one previous CIN (Corporate Identification Number): U74999HR2019PTC083593. The current CIN is U74999HR2019NPL083593, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999HR2019NPL083593 | Current |
| U74999HR2019PTC083593 | Previous |
Contact details
Palwal Textile Industries Cluster Services's registered office is in Faridabad, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 26 1st Floor I.P. Colony, Faridabad, Haryana, India – 121004
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Palwal Textile Industries Cluster Services, 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 Palwal Textile Industries Cluster Services is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Palwal Textile Industries Cluster Services, buy the company report.
Financials of Palwal Textile Industries Cluster Services
FY 2021 filings availablePalwal Textile Industries Cluster Services reported revenue of ₹25,340 for FY 2020.
Financial Statement Summary
| Metrics | FY 2019-20 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹25,340 |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹9,203 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹9,203 |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
| Total Liabilities | |
| Fixed Assets | |
| Investments | |
| Inventories | |
| Trade Receivables | |
| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Metrics | FY 2019-20 |
|---|---|
| Profitability | |
| EBITDA Margin | -36.3% |
| Net Profit Margin | -36.3% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
| Debt-to-Equity Ratio | |
| Interest Coverage Ratio | |
| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
| Payable Days | |
| Inventory Days | |
| Revenue Growth | |
| Net Profit Growth | |
To see the full financial statements and ratios of Palwal Textile Industries Cluster Services, buy the company report.
Board of directors of Palwal Textile Industries Cluster Services
Palwal Textile Industries Cluster Services has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Upinder Singh Also directs: Florida Consulting Private Limited | Additional Director | 08 Jun 2022 | 4 Years 4 Months | Current |
| Daljeet Kaur | Additional Director | 08 Jun 2022 | 4 Years 4 Months | Current |
| Karandeep Singh Also directs: Kaman Estates Private Limited, Bharat Knitcraft Foundation | Additional Director | 22 Jun 2022 | 4 Years 4 Months | Current |
| Vikas Kumar Also directs: Bharat Knitcraft Foundation | Additional Director | 22 Jun 2022 | 4 Years 4 Months | Current |
Auditor
Palwal Textile Industries Cluster Services is audited by UMESH AMITA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| UMESH AMITA & CO | FY 2020 | 007238C |
Shareholding
The shareholding of Palwal Textile Industries Cluster Services is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Palwal Textile Industries Cluster Services, buy the company report.
Legal cases
No court or tribunal cases involving Palwal Textile Industries Cluster Services 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 Palwal Textile Industries Cluster Services; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Palwal Textile Industries Cluster Services; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Palwal Textile Industries Cluster Services has 14 board changes on record since 2019: 9 appointments and 5 cessations. The latest: Karandeep Singh was appointed as Additional Director on 22 Jun 2022.
5 earlier events are in the company report.
Frequently asked questions
Palwal Textile Industries Cluster Services is an active private not for profit company based in Faridabad, Haryana, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 15 November 2019 (7+ years old) and is registered under CIN U74999HR2019NPL083593.
Palwal Textile Industries Cluster Services has 4 current directors:
- Upinder Singh - Additional Director
- Daljeet Kaur - Additional Director
- Karandeep Singh - Additional Director
- Vikas Kumar - Additional Director
The latest financial statements of Palwal Textile Industries Cluster Services on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Palwal Textile Industries Cluster Services is U74999HR2019NPL083593. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palwal Textile Industries Cluster Services was incorporated on 15 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Haryana.
Karandeep Singh was appointed as Additional Director on 22 Jun 2022. Vikas Kumar was appointed as Additional Director on 22 Jun 2022. Ashok Singh ceased to be Director on 16 Jun 2022. Palwal Textile Industries Cluster Services has 14 board changes on record in total.
The registered office of Palwal Textile Industries Cluster Services is at Shop No. 26 1st Floor I.P. Colony, Faridabad, Haryana, India – 121004.
Palwal Textile Industries Cluster Services operates in the manufacturing industry, in the textile and fabric production segment.
Yes. Palwal Textile Industries Cluster Services was formerly known as Palwal Textile Industries Cluster Services Private Limited.
Palwal Textile Industries Cluster Services can be reached at its registered office: Shop No. 26 1st Floor I.P. Colony, Faridabad, Haryana, India – 121004.
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