Palomar Textiles Limited - Company overview

Palomar Textiles Limited was incorporated on 19 November 1990 and is registered with ROC Ahmedabad.

1990-11-19 Surat, Gujarat Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹1–10 Lakh
FY 2017
PROFIT / LOSS
Under ₹1 Lakh
FY 2017
EBITDA
Under ₹1 Lakh
FY 2017
NET WORTH
₹10–25 Cr
FY 2017
TOTAL ASSETS
₹10–25 Cr
FY 2017
OPEN CHARGES
1
-
PAID-UP CAPITAL
8.00 Lakh
AUTHORISED CAPITAL
4.60 cr
COMPANY AGE
35 Years 11 Months
since 1990-11-19
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-30
ACTIVE GST
-
TOTAL MONEY RAISED
₹10–50 Lakh
SATISFIED CHARGES
1
3.93 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Palomar Textiles Limited covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Low risk
85/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (81), financial health (80), director (95) and company-foundation signals.
  • Operating for 35+ years.
Compliance Score Low risk
81/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Low risk
80/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2017.
  • Positive net worth.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 3 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Palomar Textiles Limited Company identity, industry, contact, and registration details from MCA and company records.

Palomar Textiles Limited was incorporated on 19 November 1990 and is registered with ROC Ahmedabad. It is an active public limited company, now more than 35 years old. Its registered office is at Dr Amichand Shah Wadirampura Tunki, Surat, Gujarat.

Its filings describe the main line of business as wholesale Trading.

Its three current directors - Suhail Praful Shah, Praful Amichand Shah and Alok Praful Shah - were all appointed on 11 December 2009. The board changed around December 2009, when Mehernosh Dhanjishaw Baria, Navinchandra Kikubhai Desai and Yusuf Huseni Akikwala stepped down and new directors joined.

Paid-up capital is ₹8 lakh against an authorised ₹4.6 crore, so most of the authorised capital has not been issued yet. The last AGM on record was on 30 September 2025, for accounts made up to 31 March 2025. The one charge registered against it has been satisfied, so no secured loan is open.

Trading •••••••• ••••••••
  • Location Dr Amichand Shah Wadirampura Tunki, Surat, Gujarat - 395003
Legal NamePalomar Textiles Limited
CIN / LLPINU65990GJ1990PLC014657
Company No.014657
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1990-11-19
Date of AGM2025-09-30
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Ahmedabad
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Palomar Textiles Limited (3) Current board members from MCA filings, including designation and appointment details.

S
Suhail Praful Shah
Director | Since 2009-12-11 | DIN: 00719002
P
Praful Amichand Shah
Director | Since 2009-12-11 | DIN: 00218143
A
Alok Praful Shah
Director | Since 2009-12-11 | DIN: 00218180

Financial Performance of Palomar Textiles Limited Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2017
Revenue ₹1–10 Lakh
P&L Under ₹1 Lakh
EBITDA Under ₹1 Lakh
Net worth ₹10–25 Cr

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Charges of Palomar Textiles Limited Open and satisfied charges registered against the company with MCA.

Idbi Trusteeship Services Limited : 3.93 cr
Open Charges: 1 Satisfied Charges: 1
Open -
Satisfied 3.93 cr
LenderAmountStatus
Idbi Trusteeship Services Limited
Creation Date: 28 Dec 2017
 3.93 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
TradeWholesale Trading0

Financial Ratios of Palomar Textiles Limited Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

1 year of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Palomar Textiles Limited Ownership and contribution detail from filings. Full breakdown unlocks with your report.

2 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Credit Ratings, Litigation & Regulatory Alerts for Palomar Textiles Limited Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.

Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Palomar Textiles Limited MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Palomar Textiles Limited Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Palomar Textiles Limited Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Palomar Textiles Limited?
MCA does not publish an "owner" field. Palomar Textiles Limited is run by its directors, Suhail Praful Shah, Praful Amichand Shah and Alok Praful Shah. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Palomar Textiles Limited?
Palomar Textiles Limited has three current directors: Suhail Praful Shah (since December 2009), Praful Amichand Shah (since December 2009) and Alok Praful Shah (since December 2009).
What is CIN of Palomar Textiles Limited?
The CIN of Palomar Textiles Limited is U65990GJ1990PLC014657. Reading it left to right: U means it is not listed, 65990 is the industry code it registered under, GJ is Gujarat, 1990 is the year it was registered, PLC is the company type and 014657 is its registration number.
When was Palomar Textiles Limited incorporated?
Palomar Textiles Limited was incorporated on 19 November 1990 with ROC Ahmedabad. That makes it more than 35 years old.
What is the registered address of Palomar Textiles Limited?
The registered office on MCA records is Dr Amichand Shah Wadirampura Tunki, Surat, Gujarat - 395003.
What is the current status of Palomar Textiles Limited?
MCA shows Palomar Textiles Limited as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Palomar Textiles Limited?
You can post to its registered office at Dr Amichand Shah Wadirampura Tunki, Surat, Gujarat - 395003.
What industry or business activity is Palomar Textiles Limited associated with?
Its MCA filings list the main business as wholesale Trading.
What is paid-up capital and authorised share capital of Palomar Textiles Limited?
Paid-up capital is ₹8 lakh, a small fraction of its ₹4.6 crore authorised capital.
When did Palomar Textiles Limited last file accounts and hold an AGM?
The last AGM on record was on 30 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Palomar Textiles Limited?
No charge is open. The one charge registered against Palomar Textiles Limited has been satisfied. Lenders named in the filings include Idbi Trusteeship Services Limited.
Have any directors left Palomar Textiles Limited?
Yes, three former directors are on record. The most recent to leave were Mehernosh Dhanjishaw Baria (December 2009), Navinchandra Kikubhai Desai (December 2009) and Yusuf Huseni Akikwala (December 2009).
What is the turnover or revenue of Palomar Textiles Limited?
Based on filed financial statements, the revenue of Palomar Textiles Limited for FY 2017 was in the ₹1–10 Lakh range. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Palomar Textiles Limited?
For FY 2017, the net worth of Palomar Textiles Limited was in the ₹10–25 Cr range.
How can I get the financial details of Palomar Textiles Limited?
The latest accounts on record are for FY 2017. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
Palomar Textiles Limited - is it listed or unlisted?
Palomar Textiles Limited is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Palomar Textiles Limited?
Palomar Textiles Limited is registered with ROC Ahmedabad.
What is the company classification of Palomar Textiles Limited?
MCA classifies Palomar Textiles Limited as: Public Limited Indian Non-Government Company.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.