It is a manufacturing private limited company based in Tamilnadu, Tamil Nadu, India, established in 1988.
1988 | Tamilnadu, Tamil Nadu, India | ActiveParani Spinning Mills Private Limited, a active private limited company, was established on 01 August 1988 in Tamilnadu, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17111TZ1988PTC002229. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹5.00 M.
It upholds a compliant status. Employing 205 professional, Its leadership includes Karuppusamy Janaki (Director), Harisastivel Radhakrishnan (Director), Marappa Gounder Karuppusamy (Director). Past directors included Krishnasamy Sivakami, Harisastivel Radhakrishnan, Marappa Gounder Krishnasamy. It holds ₹71.95 Cr open charges and ₹18.00 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 153, Dharapuram Road Tirupur, Tamilnadu, Tamil Nadu, 641604.
U17111TZ1988PTC002229
002229
01 August 1988
₹5.00 M
₹5.00 M
Roc Coimbatore
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Karuppusamy Janaki | Director | 11 Sep 1991 | Current |
| Harisastivel Radhakrishnan | Director | 04 Aug 2014 | Current |
| Marappa Gounder Karuppusamy | Director | 11 Sep 1991 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 11 Jul 2024 | Past |
| Pramod Abcsdd | Additional Director | 31 Aug 2015 | Past |
| Pramod Abcsdd | Managing Director | 11 Jul 2024 | Past |
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Parani Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 48.95% decrease. The company also saw a substantial fall in profitability, with a 1203.55% decrease in profit. The company's net worth observed a substantial decline by a decrease of 247.83%.
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In 2023, Parani Spinning Mills had a promoter holding of 99.60% and a public holding of 0.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹719,523,000.00
₹180,000,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jul 2015 | The Lakshmi Vilas Bank Ltd | ₹7.94 M | Open |
| 02 Jul 2015 | The Lakshmi Vilas Bank Ltd | ₹5.00 Cr | Open |
| 19 Jan 2015 | The Lakshmi Vilas Bank Ltd | ₹2.00 Cr | Open |
| 12 Jan 2015 | The Lakshmi Vilas Bank Limited | ₹1.30 Cr | Open |
| 05 Jan 2015 | Dbs Bank Ltd | ₹19.80 Cr | Open |
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Parani Spinning Mills has a workforce of 205 employees as of Apr 08, 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.
Gain comprehensive insights into the Deals and Valuation data of Parani Spinning 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 Parani Spinning Mills's trajectory.
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Parani Spinning 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.
Parani Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was recorded as a recent event.
A charge with Dbs Bank Ltd of Rs. 198.00 M registered on 05 Jan 2015 with Charge ID 10561578 was modified on 31 Mar 2021. was recorded as a recent event.
Progress on A charge with The Lakshmi Vilas Bank Ltd amounted to Rs. 7.94 M with Charge ID 10586277 was registered on 17 Jul 2015. was documented.
A charge with The Lakshmi Vilas Bank Ltd amounted to Rs. 50.00 M with Charge ID 10586284 was registered on 02 Jul 2015. was recorded as a recent event.
The activity A charge with The Lakshmi Vilas Bank Limited of Rs. 339.31 M registered on 18 Jun 1990 with Charge ID 80004384 was modified on 02 Jul 2015. was completed.
The CIN of Parani Spinning Mills Private Limited is U17111TZ1988PTC002229.
Parani Spinning Mills Private Limited is headquartered at 153, Dharapuram Road Tirupur, Tamilnadu, Tamil Nadu, 641604.
Parani Spinning Mills Private Limited was incorporated on 01 August 1988.
The current directors of Parani Spinning Mills Private Limited are
The primary industry of Parani Spinning Mills Private Limited is Manufacturing.
Parani Spinning Mills Private Limited is unlisted.
The authorized capital of Parani Spinning Mills Private Limited is ₹5.00 M, and the paid-up capital is ₹5.00 M.
The compliance status of Parani Spinning Mills Private Limited is Compliant.
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