Prachidhi Spinners Private Limited - Company Profile

It is a manufacturing private limited company based in Tamilnadu, Tamil Nadu, India, established in 1995.
1995 Tamilnadu, Tamil Nadu, India Active
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About Prachidhi Spinners Private Limited

Prachidhi Spinners Private Limited, a active private limited company, was established on 06 January 1995 in Tamilnadu, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17111TZ1995PTC005678. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹4.06 M.

It upholds a compliant status. Employing 77 professional, Its leadership includes Sri Devi Venkataswamy (Nodal Officer), Thulaseeram Akilandeswari (Deputy Nodal Officer), Balakkrishnon Thulaseeram (Whole-Time Director). Past directors included Govindarajulu Srihari, Ramasamy Gurusamy, Balakkrishnon Thulaseeram. It holds ₹30.98 Cr open charges and ₹15.93 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at S F No 197 & 205Dharapuram Road Pedappampatti, Tamilnadu, Tamil Nadu, 642205.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U17111TZ1995PTC005678

  • Registration Number

    005678

  • Incorporation Date

    06 January 1995

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹4.06 M

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.06 M
  • Company Age 31 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 30.98 Cr
  • Satisfied Charges ₹ 15.93 Cr
  • Revenue Growth **** -10.41%
  • Profit Growth **** -100.07%
  • Ebitda **** -42.22%
  • Net Worth -0.56%
  • Total Assets -5.12%
Company report

Prachidhi Spinners Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Prachidhi 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 Prachidhi Spinners Private Limited?
Current Directors
Name Designation Appointment Date Status
Sri Devi Venkataswamy Nodal Officer 12 Dec 2019 Current
Thulaseeram Akilandeswari Deputy Nodal Officer 17 Mar 2020 Current
Balakkrishnon Thulaseeram Whole-Time Director 25 Feb 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 08 Apr 2010 Past
Pramod Abcsdd Director 13 Aug 2010 Past
Pramod Abcsdd Additional Director 25 Feb 2019 Past

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Financial Performance of Prachidhi Spinners.

Prachidhi Spinners Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.41% decrease. The company also saw a substantial fall in profitability, with a 100.07% decrease in profit. The company's net worth dipped by a decrease of 0.56%.

Prachidhi Spinners revenue growth over time
Prachidhi 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
********
 -10.41%
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*******
*******
*******
Revenue from Operations
*******
 -10.73%
*******
*******
*******
*******
Total Assets
*******
 -5.12%
*******
*******
*******
*******
Profit or Loss
*******
 -100.07%
*******
*******
*******
*******
Net Worth
*******
 -0.56%
*******
*******
*******
*******
EBITDA
*******
 -42.22%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Prachidhi Spinners?

In 2023, Prachidhi Spinners had a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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

₹309,810,000.00

Satisfied Charges

₹159,277,215.00

Charges Breakdown by Lending Institutions
  • Indian Bank : 19.98 Cr
  • Hdfc Bank Limited : 11.00 Cr
Latest Charge Details
Date Lender Amount Status
28 Jun 2021 Hdfc Bank Limited ₹11.00 Cr Open
12 Nov 2007 Indian Bank ₹6.93 Cr Open
02 Mar 2007 Indian Bank ₹8.00 Cr Open
25 Feb 2005 Indian Bank ₹2.00 Cr Open
14 May 1998 Indian Bank ₹2.20 Cr Open

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How Many Employees Work at Prachidhi Spinners?

Prachidhi Spinners has a workforce of 77 employees as of Mar 27, 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 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 Prachidhi 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 Prachidhi 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 Prachidhi Spinners
Recent Activity within the Organization
  • Annual General Meeting

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

  • Balance Sheet

    Progress on Prachidhi Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was documented.

  • Charges

    The activity A charge with Hdfc Bank Limited of Rs. 110.00 M registered on 28 Jun 2021 with Charge ID 100464967 was modified on 28 Jul 2021. was completed.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 110.00 M with Charge ID 100464967 was registered on 28 Jun 2021. was documented.

  • Charges

    Progress on A charge registered on 03 Dec 2010 via Charge ID 10260741 with Others was fully satisfied on 12 Apr 2021. was documented.

  • Charges

    A charge registered on 23 Aug 2018 via Charge ID 100205812 with Others was fully satisfied on 31 Dec 2020. was recorded as a recent event.

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

The CIN of Prachidhi Spinners Private Limited is U17111TZ1995PTC005678.

Where is Prachidhi Spinners Private Limited headquartered?

Prachidhi Spinners Private Limited is headquartered at S F No 197 & 205Dharapuram Road Pedappampatti, Tamilnadu, Tamil Nadu, 642205.

When was Prachidhi Spinners Private Limited incorporated?

Prachidhi Spinners Private Limited was incorporated on 06 January 1995.

Who are the current directors of Prachidhi Spinners Private Limited?

The current directors of Prachidhi Spinners Private Limited are

What is the primary industry of Prachidhi Spinners Private Limited?

The primary industry of Prachidhi Spinners Private Limited is Manufacturing.

Is Prachidhi Spinners Private Limited a listed company?

Prachidhi Spinners Private Limited is unlisted.

What is the capital structure of Prachidhi Spinners Private Limited?

The authorized capital of Prachidhi Spinners Private Limited is ₹5.00 M, and the paid-up capital is ₹4.06 M.

What is the compliance status of Prachidhi Spinners Private Limited?

The compliance status of Prachidhi Spinners Private Limited is Compliant.

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