Pal Alloy & Steelcasting Private Limited

Manufactures steel and non-ferrous castings for various industries.

2007 | Nainital, Uttarakhand (India) | Active
Last Updated: July 05, 2024

Pal Alloy & Steelcasting Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 6.75 M
  • Company Age 17 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.73 Cr
  • Satisfied Charges ₹ 5.50 Cr
  • Revenue Growth 43.47%
  • Profit Growth -10.11%
  • Ebitda 0.30%
  • Net Worth 2.20%
  • Total Assets 29.98%

About Pal Alloy & Steelcasting

Pal Alloy & Steelcasting Private Limited (PASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 August 2007 and has a history of 17 years and six months. Its registered office is in Nainital, Uttarakhand, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 6.75 M.

The company currently has active open charges totaling ₹4.73 Cr. The company has closed loans amounting to ₹5.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Manish Pal and Kamlesh Pal serve as directors at the Company.

Company Details

  • Location

    Nainital, Uttarakhand, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    palalloy.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27310UR2007PTC032452

  • Company No.

    032452

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Aug 2007

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Uttarakhand

Industry

Manufacturing

What products or services does Pal Alloy & Steelcasting Private Limited offer?

Pal Alloy & Steelcasting Private Limited offers a wide range of products and services, including Geosynthetic Clay Liners, Industrial Liners, Steel Bars, Rods, Plates & Sheets, Steel Bars, Steel Flanges, Mild Steel Flanges, Gate & Sluice Valves, Industrial Gate Valve, Flat Bars, Square Bar.

Who are the key members and board of directors at Pal Alloy & Steelcasting?

Board Members (2)

NameDesignationAppointment DateStatus
Manish Pal Country flag representing In Director 14-Mar-2018Current
Kamlesh Pal Country flag representing In Director 02-Aug-2007Current

Financial Performance of Pal Alloy & Steelcasting.

Pal Alloy & Steelcasting Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 43.47% increase. The company also saw a substantial fall in profitability, with a 10.11% decrease in profit. The company's net worth moved up by a moderate rise of 2.2%.

Graph illustrating revenue growth over time
Graph showing 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
43.47%
Revenue from Operations
43.50%
Total Assets
29.98%
Profit or Loss
-10.11%
Net Worth
2.20%
EBITDA
0.30%

What is the Ownership and Shareholding Structure of Pal Alloy & Steelcasting?

In 2023, Pal Alloy & Steelcasting 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 Indicator graph

Charges (Loans)

Open Charges

₹4.73 Cr

Satisfied Charges

₹5.50 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 4.73 Cr

Latest Charge Details

DateLenderAmountStatus
27 Aug 2021Hdfc Bank Limited₹3.75 CrOpen
06 Nov 2020Hdfc Bank Limited₹9.75 MOpen
17 May 2008State Bank Of India₹5.50 CrSatisfied

How Many Employees Work at Pal Alloy & Steelcasting?

Pal Alloy & Steelcasting has a workforce of 65 employees as of Mar 30, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pal Alloy & Steelcasting, 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 Pal Alloy & Steelcasting'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 Pal Alloy & Steelcasting

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 3.75 Cr registered on 27 Aug 2021 with Charge ID 100484753 was modified on 09 Oct 2023.

    09 Oct 2023

  • Annual General Meeting

    Pal Alloy & Steelcasting Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Pal Alloy & Steelcasting Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Uttarakhand.

    31 Mar 2023

  • Charges

    A charge registered on 17 May 2008 via Charge ID 10104477 with State Bank Of India was fully satisfied on 22 Feb 2022.

    22 Feb 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.75 Cr with Charge ID 100484753 was registered on 27 Aug 2021.

    27 Aug 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.98 Cr with Charge ID 100410290 was registered on 06 Nov 2020.

    06 Nov 2020

Frequently asked questions

  • Pal Alloy & Steelcasting Private Limited was incorporated on 02 Aug 2007.

  • The authorized share capital of Pal Alloy & Steelcasting Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 6.75 M.

  • Currently 2 directors are associated with Pal Alloy & Steelcasting Private Limited.

    • Manish Pal
    • Kamlesh Pal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pal Alloy & Steelcasting Private Limited is Mahaveer Industrial State Motahaldu, Nainital, Uttarakhand, India, 263139.

  • The corporate identification number (CIN) of Pal Alloy & Steelcasting Private Limited is U27310UR2007PTC032452 and the company number is 032452 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pal Alloy & Steelcasting Private Limited is https://www.palalloy.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pal Alloy & Steelcasting Private Limited has risen by 43.47%.

  • As Per 2023 financial reports, 65 employees are currently employed by Pal Alloy & Steelcasting Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pal Alloy & Steelcasting Private Limited has experienced an upsurge of 2.20%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pal Alloy & Steelcasting Private Limited amount to ₹ 4.73 Cr.

  • The most recent Balance Sheet for Pal Alloy & Steelcasting Private Limited was filed with the ROC on 31 Mar 2023.

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