Paramount Textile Mills Private Limited Company Logo

Paramount Textile Mills Private Limited - Company Profile

It is a manufacturing private limited company based in Madurai District, Tamil Nadu, India, established in 1979.

1979 | Madurai District, Tamil Nadu, India | Active
Last Updated:

About Paramount Textile Mills Private Limited

Paramount Textile Mills Private Limited, a active private limited company, was established on 08 March 1979 in Madurai District, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17111TN1979PTC007748. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹3.55 Cr and a paid-up capital of ₹4.02 M.

Formerly known as Paramount Textile Mills Limited. It upholds a compliant status. Employing 528 professional, Its leadership includes Thangappandi Esakki (Additional Director), Ramu Murugesan (Managing Director). Past directors included Thangappandi Esakki, Ramu Murugesan, Udayappan Alagappan. It holds ₹81.86 Cr open charges and ₹144.39 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Thirali Tirumangalam, Madurai District, Tamil Nadu, 625712.

Company Details

  • CIN/LLPIN

    U17111TN1979PTC007748

  • Registration Number

    007748

  • Incorporation Date

    08 March 1979

  • Authorized Capital

    ₹3.55 Cr

  • Paid-Up Capital

    ₹4.02 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 3.55 Cr
  • Paid Up Capital ₹ 4.02 M
  • Company Age 46 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 81.86 Cr
  • Satisfied Charges ₹ 144.39 Cr
  • Revenue Growth 4.07%
  • Profit Growth 14.87%
  • Ebitda -14.89%
  • Net Worth 20.06%
  • Total Assets 13.13%
Company report

Paramount Textile Mills Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Paramount Textile Mills 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 Paramount Textile Mills Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Thangappandi EsakkiAdditional Director20 Jun 2025Current
Ramu MurugesanManaging Director02 Sep 2005Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector15 Sep 2017Past
Pramod AbcsddDirector01 Apr 2020Past
Pramod AbcsddAdditional Director30 Sep 2022Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddDirector19 Jul 2010Past
Pramod AbcsddCompany Secretary-Past

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Financial Performance of Paramount Textile Mills.

Paramount Textile Mills Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.07% increase. The company also saw a substantial improvement in profitability, with a 14.87% increase in profit. The company's net worth Soared by an impressive increase of 20.06%.

Paramount Textile Mills revenue growth over time
Paramount Textile Mills profit and loss trends over time
  • 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
4.07%
Revenue from Operations
3.47%
Total Assets
13.13%
Profit or Loss
14.87%
Net Worth
20.06%
EBITDA
-14.89%

What is the Ownership and Shareholding Structure of Paramount Textile Mills?

In 2023, Paramount Textile Mills had a promoter holding of 71.40% and a public holding of 28.60%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹818,600,000.00

Satisfied Charges

₹1,443,900,000.00

Charges Breakdown by Lending Institutions

  • Others : 69.15 Cr
  • Hdfc Bank Limited : 12.00 Cr
  • Indian Overseas Bank : 0.71 Cr

Latest Charge Details

DateLenderAmountStatus
31 Oct 2023Hdfc Bank Limited₹12.00 CrOpen
05 Jun 2023Others₹27.80 CrOpen
18 Oct 2022Others₹35.00 CrOpen
15 Sep 2022Others₹6.35 CrOpen
17 Mar 1993Indian Overseas Bank₹7.10 MOpen

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How Many Employees Work at Paramount Textile Mills?

Paramount Textile Mills has a workforce of 528 employees as of Apr 06, 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 growth trends for Paramount Textile Mills Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paramount Textile 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 Paramount Textile 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.

Latest Updates, News, and FAQs on Paramount Textile Mills

Recent Activity within the Organization

  • Charges

    The activity A charge with Others of Rs. 27.80 Cr registered on 05 Jun 2023 with Charge ID 100737351 was modified on 27 Oct 2025. was completed.

  • Director Appointment

    Progress on Thangappandi Esakki was appointed as a Additional Director was appointed as a Additional Director on 20 Jun 2025 & has been associated with this company since 5 months 15 days . was documented.

  • Annual General Meeting

    Paramount Textile Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Charges

    Progress on A charge with Others of Rs. 35.00 Cr registered on 18 Oct 2022 with Charge ID 100621505 was modified on 08 Jul 2024. was documented.

  • Charges

    Progress on A charge registered on 25 Apr 2019 via Charge ID 100262304 with Canara Bank was fully satisfied on 20 Apr 2024. was documented.

  • Balance Sheet

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

Frequently Asked Questions

  • What is the CIN of Paramount Textile Mills Private Limited?

    The CIN of Paramount Textile Mills Private Limited is U17111TN1979PTC007748.

  • Where is Paramount Textile Mills Private Limited headquartered?

    Paramount Textile Mills Private Limited is headquartered at Thirali Tirumangalam, Madurai District, Tamil Nadu, 625712.

  • When was Paramount Textile Mills Private Limited incorporated?

    Paramount Textile Mills Private Limited was incorporated on 08 March 1979.

  • Who are the current directors of Paramount Textile Mills Private Limited?

    The current directors of Paramount Textile Mills Private Limited are

  • What is the primary industry of Paramount Textile Mills Private Limited?

    The primary industry of Paramount Textile Mills Private Limited is Manufacturing.

  • Is Paramount Textile Mills Private Limited a listed company?

    Paramount Textile Mills Private Limited is unlisted.

  • What is the capital structure of Paramount Textile Mills Private Limited?

    The authorized capital of Paramount Textile Mills Private Limited is ₹3.55 Cr, and the paid-up capital is ₹4.02 M.

  • What is the compliance status of Paramount Textile Mills Private Limited?

    The compliance status of Paramount Textile Mills Private Limited is Compliant.

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