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ActiveCoimbatore, Tamil NaduSince 1982

Palani Andavar Cotton and Synthetic Spinners Limited

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Set up in 1982 in Coimbatore. Every loan it took against its assets has been paid off.

CINU17111TZ1982PLC001139
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44 years at a glance

Loans against its assets, and when today's people joined

1984198619881990199219941996199820002002200420062008201020122014201620182020202220242026LOANS AGAINST ITS ASSETSTODAY'S PEOPLE, WHEN THEY JOINEDRegistered as a companyCentral Bank of India, up to ₹57 lakh, 29 Oct 1982 to 18 Apr 2011The Industrial Credit and Investment Corp of India LTD, up to ₹35 lakh, 5 Dec 1984 to 14 Mar 1988The Industrial Credit and Investment Corp of India LTD, up to ₹50 lakh, 24 Apr 1985 to 13 May 1996Industrial Finance Corporation of India, up to ₹34 lakh, 2 Jul 1990 to 19 Jan 2005ICICI LTD, up to ₹5 crore, 9 Jul 1991 to 24 Aug 2011ICICI LTD, up to ₹3 crore, 30 Jun 1997 to 24 May 2012Central Bank of India, up to ₹50 lakh, 12 Jan 1998 to 18 Apr 2011Central Bank of India, up to ₹50 lakh, 5 May 1999 to 18 Apr 2011
Loan still openLoan paid offSomeone joined, and is still there
  • 1982Registered as a company on 20 Jan 1982.
  • 1991Its biggest loan against assets, ₹5 crore with ICICI LTD, was paid off in 2011.

Who runs it

This page does not list its directors yet. Open the company in Entiva to see who runs it on MCA's register today.

Who has lent to it

None still open. Every loan it took against its assets has been paid off.

8 earlier loans, now paid off
  • Central Bank of India5 May 1999 to 18 Apr 2011₹50 lakh
  • Central Bank of India12 Jan 1998 to 18 Apr 2011₹50 lakh
  • ICICI LTD30 Jun 1997 to 24 May 2012₹3 crore
  • ICICI LTD9 Jul 1991 to 24 Aug 2011₹5 crore
  • Industrial Finance Corporation of India2 Jul 1990 to 19 Jan 2005₹34 lakh
  • The Industrial Credit and Investment Corp of India LTD24 Apr 1985 to 13 May 1996₹50 lakh
  • The Industrial Credit and Investment Corp of India LTD5 Dec 1984 to 14 Mar 1988₹35 lakh
  • Central Bank of India29 Oct 1982 to 18 Apr 2011₹57 lakh

What its filings add

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The details on this page come from public records, including MCA's register of companies as Entiva read it on . Things may have changed since. A loan amount is the most the lender can claim against the company's assets, not what is still owed.