Pal Resorts Private Limited

Operating restaurants, hotels, resorts, and other hospitality services since 2001 in Chandigarh.

2001 | Chandigarh, Chandigarh (India) | Active
Last Updated: January 04, 2025

Pal Resorts Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 23 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.00 Cr
  • Satisfied Charges ₹ 9.20 Cr
  • Revenue Growth 47.42%
  • Profit Growth 89.11%
  • Ebitda 83.24%
  • Net Worth -9.90%
  • Total Assets 28.57%

About Pal Resorts

Pal Resorts Private Limited (PRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 May 2001 and has a history of 23 years and eight months. Its registered office is in Chandigarh, Chandigarh.

The Company is engaged in the Travel And Hospitality 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹6.00 Cr. The company has closed loans amounting to ₹9.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pritpal Singh, Sargun Babuta, Prabhjeet Kaur, and One other member serve as directors at the Company.

Company Details

  • Location
    Chandigarh, Chandigarh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U55101CH2001PTC024421

  • Company No.

    024421

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 May 2001

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Travel and Hospitality

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

Board Members (4)

Name Designation Appointment Date Status
Pritpal Singh Country flag representing In Director 06-Jun-2024 Current
Sargun Babuta Country flag representing In Director 25-May-2024 Current
Prabhjeet Kaur Country flag representing In Director 23-Aug-2016 Current
Amitpal Singh Country flag representing In Director 16-Dec-2024 Current

Financial Performance of Pal Resorts.

Pal Resorts Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.42% increase. The company also saw a substantial improvement in profitability, with a 89.11% increase in profit. The company's net worth dipped by a decrease of 9.9%.

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
47.42%
Revenue from Operations
47.36%
Total Assets
28.57%
Profit or Loss
89.11%
Net Worth
-9.90%
EBITDA
83.24%

What is the Ownership and Shareholding Structure of Pal Resorts?

Unlock access to Pal Resorts's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹60.01 M

Satisfied Charges

₹91.98 M

Charges Breakdown by Lending Institutions

  • Others : 5.73 Cr
  • Icici Hfc United : 0.16 Cr
  • Icici Bank Ltd. : 0.12 Cr

Latest Charge Details

Date Lender Amount Status
29 May 2023 Others ₹0.94 M Open
24 Feb 2023 Others ₹5.64 Cr Open
28 Apr 2005 Icici Hfc United ₹1.55 M Open
28 Apr 1990 Icici Bank Ltd. ₹1.15 M Open
30 Sep 2019 Others ₹4.84 Cr Satisfied

How Many Employees Work at Pal Resorts?

Pal Resorts has a workforce of 36 employees as of Mar 28, 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 Resorts, 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 Resorts'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 Resorts

Recent activity within the organization

  • Director Appointment

    Amitpal Singh was appointed as a Director was appointed as a Director on 16 Dec 2024 & has been associated with this company since 1 month 17 days .

    16 Dec 2024

  • Annual General Meeting

    Pal Resorts Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Pritpal Singh was appointed as a Director was appointed as a Director on 06 Jun 2024 & has been associated with this company since 7 months 29 days .

    06 Jun 2024

  • Director Appointment

    Sargun Babuta was appointed as a Director was appointed as a Director on 25 May 2024 & has been associated with this company since 8 months 10 days .

    25 May 2024

  • Balance Sheet

    Pal Resorts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.94 M with Charge ID 100731371 was registered on 29 May 2023.

    29 May 2023

Frequently asked questions

  • Pal Resorts Private Limited was incorporated on 28 May 2001.

  • The authorized share capital of Pal Resorts Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 4 directors are associated with Pal Resorts Private Limited.

    • Pritpal Singh
    • Sargun Babuta
    • Prabhjeet Kaur
    • Amitpal Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pal Resorts Private Limited is Shop No 152 Sector 28D India, Chandigarh, 160028.

  • The corporate identification number (CIN) of Pal Resorts Private Limited is U55101CH2001PTC024421 and the company number is 024421 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pal Resorts Private Limited has risen by 47.42%.

  • As Per 2023 financial reports, 36 employees are currently employed by Pal Resorts Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pal Resorts Private Limited has experienced an downturn of -9.90%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pal Resorts Private Limited amount to ₹ 6.00 Cr.

  • The most recent Balance Sheet for Pal Resorts Private Limited was filed with the ROC on 31 Mar 2024.

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