Prostar Textile Mill Private Limited - Company Profile

It is a manufacturing private limited company based in Tirupur, Tamil Nadu, India, established in 2015.
2015 Tirupur, Tamil Nadu, India Under Liquidation
Last Updated:
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About Prostar Textile Mill Private Limited

Prostar Textile Mill Private Limited, a under liquidation private limited company, was established on 29 October 2015 in Tirupur, Tamil Nadu, India. Engaging in textile within the manufacturing sector, it holds CIN: U18101TZ2015PTC021917. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹4.00 Cr and a paid-up capital of ₹3.79 Cr.

It upholds a compliant status. Employing 6 professional, Its leadership includes Swaminathan Prabhu (Irp/Rp/Liquidator), Suresh Kumar Mahalingam (Irp/Rp/Liquidator), Prabha Paramasivam (Director). Past directors included Muthusamy Paramasivan. It holds ₹17.20 Cr open charges and no settled loans. Its latest AGM occurred on 30 November 2021, with the balance sheet filed on 31 March 2021. It is based at 3/599A, Venkatachalapathy Nagar Parapalayam Road, Mannarai(Po), Tirupur, Tamil Nadu, 641607.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U18101TZ2015PTC021917

  • Registration Number

    021917

  • Incorporation Date

    29 October 2015

  • Authorized Capital

    ₹4.00 Cr

  • Paid-Up Capital

    ₹3.79 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Under Liquidation

Key Metrics
  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.79 Cr
  • Company Age 10 Year, 4 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 17.20 Cr
  • Revenue Growth **** -28.70%
  • Profit Growth **** -60.05%
  • Ebitda **** 3.61%
  • Net Worth 0.50%
  • Total Assets **** 4.57%
Company report

Prostar Textile Mill Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Prostar Textile Mill 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 Prostar Textile Mill Private Limited?
Current Directors
Name Designation Appointment Date Status
Swaminathan Prabhu Irp/Rp/Liquidator 30 Jun 2023 Current
Suresh Kumar Mahalingam Irp/Rp/Liquidator 17 Mar 2023 Current
Prabha Paramasivam Director 29 Oct 2015 Current
Muthusamy Paramasivan Managing Director 29 Oct 2015 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 29 Oct 2015 Past

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Financial Performance of Prostar Textile Mill.

Prostar Textile Mill Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 28.7% decrease. The company also saw a substantial fall in profitability, with a 60.05% decrease in profit. The company's net worth moved up by a moderate rise of 0.5%.

Prostar Textile Mill revenue growth over time
Prostar Textile Mill 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
********
 -28.70%
*******
*******
*******
*******
Revenue from Operations
*******
 -28.73%
*******
*******
*******
*******
Total Assets
*******
 4.57%
*******
*******
*******
*******
Profit or Loss
*******
 -60.05%
*******
*******
*******
*******
Net Worth
*******
 0.50%
*******
*******
*******
*******
EBITDA
*******
 3.61%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Prostar Textile Mill?

In 2021, Prostar Textile Mill had a promoter holding of 100.00%. 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

₹172,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 17.20 Cr
Latest Charge Details
Date Lender Amount Status
24 Nov 2016 Others ₹17.20 Cr Open

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How Many Employees Work at Prostar Textile Mill?

Prostar Textile Mill has a workforce of 6 employees as of Apr 07, 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 Prostar Textile Mill, 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 Prostar Textile Mill'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 Prostar Textile Mill
Recent Activity within the Organization
  • Director Appointment

    Progress on Swaminathan Prabhu was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 30 Jun 2023 & has been associated with this company since 2 years 8 months . was documented.

  • Director Appointment

    Progress on Suresh Kumar Mahalingam was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 17 Mar 2023 & has been associated with this company since 2 years 11 months . was documented.

  • Annual General Meeting

    Prostar Textile Mill Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Prostar Textile Mill Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Coimbatore. was recorded as a recent event.

  • Charges

    The activity A charge with Others of Rs. 17.20 Cr registered on 24 Nov 2016 with Charge ID 100066282 was modified on 17 Jul 2020. was completed.

  • Charges

    A charge with Others amounted to Rs. 17.20 Cr with Charge ID 100066282 was registered on 24 Nov 2016. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Prostar Textile Mill Private Limited?

The CIN of Prostar Textile Mill Private Limited is U18101TZ2015PTC021917.

Where is Prostar Textile Mill Private Limited headquartered?

Prostar Textile Mill Private Limited is headquartered at 3/599A, Venkatachalapathy Nagar Parapalayam Road, Mannarai(Po), Tirupur, Tamil Nadu, 641607.

When was Prostar Textile Mill Private Limited incorporated?

Prostar Textile Mill Private Limited was incorporated on 29 October 2015.

Who are the current directors of Prostar Textile Mill Private Limited?

The current directors of Prostar Textile Mill Private Limited are

What is the primary industry of Prostar Textile Mill Private Limited?

The primary industry of Prostar Textile Mill Private Limited is Manufacturing.

Is Prostar Textile Mill Private Limited a listed company?

Prostar Textile Mill Private Limited is unlisted.

What is the capital structure of Prostar Textile Mill Private Limited?

The authorized capital of Prostar Textile Mill Private Limited is ₹4.00 Cr, and the paid-up capital is ₹3.79 Cr.

What is the compliance status of Prostar Textile Mill Private Limited?

The compliance status of Prostar Textile Mill Private Limited is Compliant.

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