The Palani Andavar Mills Private Limited Company Logo

The Palani Andavar Mills Private Limited - Company Profile

It is a manufacturing private limited company based in Udamalpet, Tamil Nadu, India, established in 1933.

1933 | Udamalpet, Tamil Nadu, India | Active
Last Updated:

About The Palani Andavar Mills Private Limited

The Palani Andavar Mills Private Limited, a active private limited company, was established on 25 April 1933 in Udamalpet, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U40108TZ1933PTC000139. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹5.80 M.

Formerly known as The Palani Andavar Mills Limited. It upholds a compliant status. Employing 141 professional, Its leadership includes Girija Parthasarathy (Managing Director), Ramaswamy Mahendran (Managing Director). Past directors included Nithya Doraiswamy, V Sridhar, Ramaswamy Mahendran. It holds ₹34.10 Cr open charges and ₹19.73 Cr settled loans. Its latest AGM occurred on 17 September 2025, with the balance sheet filed on 31 March 2025. It is based at 236 Dhally Road Udamalpet, Udamalpet, Tamil Nadu, 642126.

Company Details

  • CIN/LLPIN

    U40108TZ1933PTC000139

  • Registration Number

    000139

  • Incorporation Date

    25 April 1933

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹5.80 M

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 5.80 M
  • Company Age 92 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 34.10 Cr
  • Satisfied Charges ₹ 19.73 Cr
  • Revenue Growth -1.21%
  • Profit Growth -74.71%
  • Ebitda -56.23%
  • Net Worth 4.22%
  • Total Assets 2.22%
Company report

The Palani Andavar Mills Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into The Palani Andavar 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 The Palani Andavar Mills Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Girija ParthasarathyManaging Director23 May 1983Current
Ramaswamy MahendranManaging Director23 Sep 2015Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector29 Nov 2021Past
Pramod AbcsddSecretary-Past
Pramod AbcsddDirector01 Jul 2017Past
Pramod AbcsddDirector08 Apr 2024Past
Pramod AbcsddDirector09 Apr 2021Past
Pramod AbcsddDirector09 Apr 2021Past

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Financial Performance of The Palani Andavar Mills.

The Palani Andavar Mills Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.21% decrease. The company also saw a substantial fall in profitability, with a 74.71% decrease in profit. The company's net worth moved up by a moderate rise of 4.22%.

The Palani Andavar Mills revenue growth over time
The Palani Andavar 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
-1.21%
Revenue from Operations
-1.27%
Total Assets
2.22%
Profit or Loss
-74.71%
Net Worth
4.22%
EBITDA
-56.23%

What is the Ownership and Shareholding Structure of The Palani Andavar Mills?

In 2023, The Palani Andavar Mills had a promoter holding of 95.75% and a public holding of 4.25%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹340,978,000.00

Satisfied Charges

₹197,300,000.00

Charges Breakdown by Lending Institutions

  • Others : 19.10 Cr
  • Indian Bank : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 Mar 2024Indian Bank₹15.00 CrOpen
23 Feb 2022Others₹1.16 CrOpen
23 Feb 2022Others₹3.39 CrOpen
19 Jan 2022Others₹9.48 MOpen
11 Jan 2021Others₹2.00 CrOpen

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How Many Employees Work at The Palani Andavar Mills?

The Palani Andavar Mills has a workforce of 141 employees as of Mar 28, 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 The Palani Andavar Mills Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of The Palani Andavar 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 The Palani Andavar 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 The Palani Andavar Mills

Recent Activity within the Organization

  • Annual General Meeting

    The Palani Andavar Mills Private Limited last Annual general meeting of members was held on 17 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Charges

    A charge registered on 07 Oct 2016 via Charge ID 100056806 with Others was fully satisfied on 19 Aug 2025. was recorded as a recent event.

  • Balance Sheet

    The Palani Andavar Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore. was recorded as a recent event.

  • Charges

    A charge registered on 05 Jun 2020 via Charge ID 100347235 with Others was fully satisfied on 27 May 2024. was recorded as a recent event.

  • Charges

    A charge with Indian Bank of Rs. 15.00 Cr registered on 22 Mar 2024 with Charge ID 100886928 was modified on 25 Mar 2024. was recorded as a recent event.

  • Charges

    A charge with Indian Bank amounted to Rs. 15.00 Cr with Charge ID 100886928 was registered on 22 Mar 2024. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of The Palani Andavar Mills Private Limited?

    The CIN of The Palani Andavar Mills Private Limited is U40108TZ1933PTC000139.

  • Where is The Palani Andavar Mills Private Limited headquartered?

    The Palani Andavar Mills Private Limited is headquartered at 236 Dhally Road Udamalpet, Udamalpet, Tamil Nadu, 642126.

  • When was The Palani Andavar Mills Private Limited incorporated?

    The Palani Andavar Mills Private Limited was incorporated on 25 April 1933.

  • Who are the current directors of The Palani Andavar Mills Private Limited?

    The current directors of The Palani Andavar Mills Private Limited are

  • What is the primary industry of The Palani Andavar Mills Private Limited?

    The primary industry of The Palani Andavar Mills Private Limited is Manufacturing.

  • Is The Palani Andavar Mills Private Limited a listed company?

    The Palani Andavar Mills Private Limited is unlisted.

  • What is the capital structure of The Palani Andavar Mills Private Limited?

    The authorized capital of The Palani Andavar Mills Private Limited is ₹3.00 Cr, and the paid-up capital is ₹5.80 M.

  • What is the compliance status of The Palani Andavar Mills Private Limited?

    The compliance status of The Palani Andavar Mills Private Limited is Compliant.

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