Pal Innovations Pvt Ltd

Manufactures and exports industrial conveyors for various clients in a 20,000 square foot facility.

1988 | Alwar, Rajasthan (India) | Active
Last Updated: October 24, 2024

Pal Innovations Profile

Key Indicators

  • Authorised Capital ₹ 1.60 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 36 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 0.25 M
  • Satisfied Charges ₹ 3.68 M
  • Revenue Growth 49.73%
  • Profit Growth 70.63%
  • Ebitda 43.28%
  • Net Worth 26.95%
  • Total Assets 10.23%

About Pal Innovations

Pal Innovations Pvt Ltd (PIPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 March 1988 and has a history of 36 years and 11 months. Its registered office is in Alwar, Rajasthan, India.

The Company is engaged in the Machinery And Equipment 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 1.60 M and a paid-up capital of Rs 1.50 M.

The company currently has active open charges totaling ₹0.25 M. The company has closed loans amounting to ₹3.68 M, as per Ministry of Corporate Affairs (MCA) records.

Vandana Suri, Sanjay Suri, and Bhanu Suri serve as directors at the Company.

Company Details

  • Location

    Alwar, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    palinnovations.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29249CH1988PTC008138

  • Company No.

    008138

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Mar 1988

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Machinery and Equipment

What products or services does Pal Innovations Pvt Ltd offer?

Pal Innovations Pvt Ltd offers a wide range of products and services, including Conveyor Systems & Components, Conveyor Chains, Inclined Conveyors, Form Fill & Seal Machines, Pouch Packaging Machine Parts, Rollers, PVC, LDPE, HDPE & Plastic Sheets, Polyethylene Sheet, Roller Conveyor, Nails, Fasteners, Rivets & Shackles.

Who are the key members and board of directors at Pal Innovations?

Board Members (3)

NameDesignationAppointment DateStatus
Sanjay Suri Country flag representing In Director 22-Mar-1988Current
Vandana Suri Country flag representing In Director 02-Apr-2010Current
Bhanu Suri Country flag representing In Director 25-May-2017Current

Financial Performance of Pal Innovations.

Pal Innovations Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 49.73% increase. The company also saw a substantial improvement in profitability, with a 70.63% increase in profit. The company's net worth Soared by an impressive increase of 26.95%.

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
49.73%
Revenue from Operations
49.88%
Total Assets
10.23%
Profit or Loss
70.63%
Net Worth
26.95%
EBITDA
43.28%

What is the Ownership and Shareholding Structure of Pal Innovations?

In 2023, Pal Innovations 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

₹0.25 M

Satisfied Charges

₹3.68 M

Charges Breakdown by Lending Institutions

  • Rajashthan Financial Corporation : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
31 Dec 1993Rajashthan Financial Corporation₹0.25 MOpen
20 Mar 2020Sidbi₹0.68 MSatisfied
28 Jul 2010Small Industries Development Bank Of India₹3.00 MSatisfied

How Many Employees Work at Pal Innovations?

Unlock and access historical data on people associated with Pal Innovations, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pal Innovations, 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 Innovations'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 Innovations

Recent activity within the organization

  • Annual General Meeting

    Pal Innovations Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Pal Innovations Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.

    31 Mar 2023

  • Charges

    A charge registered on 20 Mar 2020 via Charge ID 100337287 with Sidbi was fully satisfied on 16 May 2022.

    16 May 2022

  • Charges

    A charge registered on 28 Jul 2010 via Charge ID 10229819 with Small Industries Development Bank Of India was fully satisfied on 16 May 2022.

    16 May 2022

  • Charges

    A charge with Sidbi amounted to Rs. 0.68 M with Charge ID 100337287 was registered on 20 Mar 2020.

    20 Mar 2020

  • Director Appointment

    Bhanu Partap Suri was appointed as a Director was appointed as a Director on 25 May 2017 & has been associated with this company since 7 years 9 months .

    25 May 2017

Frequently asked questions

  • Pal Innovations Pvt Ltd was incorporated on 22 Mar 1988.

  • The authorized share capital of Pal Innovations Pvt Ltd is ₹ 1.60 M and paid-up capital is ₹ 1.50 M.

  • Currently 3 directors are associated with Pal Innovations Pvt Ltd.

    • Vandana Suri
    • Sanjay Suri
    • Bhanu Partap Suri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pal Innovations Pvt Ltd is H-40-41 Phase-I, Riico Industrial Area India, Bhiwadi, Rajasthan, 301019.

  • The corporate identification number (CIN) of Pal Innovations Pvt Ltd is U29249CH1988PTC008138 and the company number is 008138 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pal Innovations Pvt Ltd is https://www.palinnovations.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pal Innovations Pvt Ltd has risen by 49.73%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pal Innovations Pvt Ltd has experienced an upsurge of 26.95%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pal Innovations Pvt Ltd amount to ₹ 0.25 M.

  • The most recent Balance Sheet for Pal Innovations Pvt Ltd was filed with the ROC on 31 Mar 2023.

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