Pal Movers Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 3.34 M
- Company Age 20 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8.50 Cr
- Satisfied Charges ₹ 8.35 Cr
- Revenue Growth 31.15%
- Profit Growth 13.75%
- Ebitda -107.28%
- Net Worth 9.85%
- Total Assets 6.59%
About Pal Movers
Pal Movers Private Limited (PMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 April 2004 and has a history of 20 years and nine months. Its registered office is in Khurda, Orissa, 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 3.34 M.
The company currently has active open charges totaling ₹8.50 Cr. The company has closed loans amounting to ₹8.35 Cr, as per Ministry of Corporate Affairs (MCA) records.
Harman Singh, Haneet Kaur, Satpal Singh, and One other member serve as directors at the Company.
Company Details
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Location
Khurda, Orissa, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U34102OR2004PTC007569
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Company No.
007569
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
16 Apr 2004
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Cuttack
Industry
Who are the key members and board of directors at Pal Movers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harman Singh
|
Managing Director | 16-Apr-2004 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Haneet Kaur
|
Director | 16-Apr-2004 | Current |
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Satpal Singh
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Director | 16-Apr-2004 | Current |
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Inderjeet Kaur
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Director | 16-Apr-2004 | Current |
Financial Performance of Pal Movers.
Pal Movers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.15% increase. The company also saw a substantial improvement in profitability, with a 13.75% increase in profit. The company's net worth moved up by a moderate rise of 9.85%.
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What is the Ownership and Shareholding Structure of Pal Movers?
In 2023, Pal Movers 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, Satpal Singh and 1 more are mutual person
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Pal Automotives Private LimitedHarman Singh, Haneet Kaur and 1 more are mutual person
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Palmotor Ways Private Limited
Harman Singh, Haneet Kaur and 2 more are mutual person
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Pal Lifeware Private Limited
Harman Singh, Satpal Singh and 1 more are mutual person
Charges (Loans)
₹85.00 M
₹83.50 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 6.50 Cr
- Others : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Mar 2022 | Others | ₹2.00 Cr | Open |
| 28 Feb 2020 | Axis Bank Limited | ₹6.50 Cr | Open |
| 20 Apr 2013 | State Bank Of India | ₹6.00 Cr | Satisfied |
| 11 Sep 2007 | Bank Of India | ₹1.50 Cr | Satisfied |
| 29 Sep 2004 | Andhra Bank | ₹8.50 M | Satisfied |
How Many Employees Work at Pal Movers?
Pal Movers has a workforce of 44 employees as of Apr 02, 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 Movers, 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 Movers'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.
