Pal Automotives Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
- Paid Up Capital ₹ 2.00 M
- Company Age 25 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.00 Cr
- Satisfied Charges ₹ 4.90 M
- Revenue Growth 43.47%
- Profit Growth 50.59%
- Ebitda 7.48%
- Net Worth 41.90%
- Total Assets 24.20%
About Pal Automotives
Pal Automotives Private Limited (PAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 July 1999 and has a history of 25 years and seven months. Its registered office is in Khorda, Odisha, India.
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 2.00 M.
The company currently has active open charges totaling ₹4.00 Cr. The company has closed loans amounting to ₹4.90 M, as per Ministry of Corporate Affairs (MCA) records.
Harman Singh, Haneet Kaur, and Satpal Singh serve as directors at the Company.
Company Details
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Location
Khorda, Odisha, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U50401OR1999PTC005829
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Company No.
005829
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
05 Jul 1999
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Cuttack
Industry
What products or services does Pal Automotives Private Limited offer?
Pal Automotives Private Limited offers a wide range of products and services, including Commercial Vehicles & Three Wheelers, Van, Truck Parts, Trucks, TATA Truck, Mini Truck, TATA Mini Truck, TATA Truck Spare Parts, Tipper Trucks, TATA Ace.
Who are the key members and board of directors at Pal Automotives?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harman Singh
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Managing Director | 05-Jul-1999 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Haneet Kaur
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Director | 05-Jul-1999 | Current |
|
Satpal Singh
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Director | 15-Nov-1999 | Current |
Financial Performance of Pal Automotives.
Pal Automotives Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 43.47% increase. The company also saw a substantial improvement in profitability, with a 50.59% increase in profit. The company's net worth Soared by an impressive increase of 41.9%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Pal Automotives?
In 2023, Pal Automotives had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Hotel Pal Regency Private LimitedHarman Singh and Satpal Singh are mutual person
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Pal Movers Private LimitedHarman Singh, Haneet Kaur and 1 more are mutual person
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Palmotor Ways Private Limited
Harman Singh, Haneet Kaur and 1 more are mutual person
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Pal Lifeware Private Limited
Harman Singh and Satpal Singh are mutual person
Charges (Loans)
₹40.00 M
₹4.90 M
Charges Breakdown by Lending Institutions
- State Bank Of India : 4.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Feb 2014 | State Bank Of India | ₹4.00 Cr | Open |
| 21 Mar 2001 | Andhra Bank | ₹2.50 M | Satisfied |
| 21 Mar 2001 | Andhra Bank | ₹2.00 M | Satisfied |
| 14 Aug 1999 | Andhra Bank | ₹0.40 M | Satisfied |
How Many Employees Work at Pal Automotives?
Pal Automotives has a workforce of 29 employees as of Apr 03, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Pal Automotives, 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 Automotives's trajectory.
Rating
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
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.
