Pal Technology Private Limited

Manufacturer of electrical equipment since 1987, based in Bangalore, Karnataka.

1987 | Bangaluru, Karnataka (India) | Active
Last Updated: December 13, 2024

Pal Technology Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.19 M
  • Company Age 37 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 0.27 M
  • Revenue Growth 55.55%
  • Profit Growth 43.30%
  • Ebitda 46.58%
  • Net Worth -9.93%
  • Total Assets -0.96%

About Pal Technology

Pal Technology Private Limited (PTPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 April 1987 and has a history of 37 years and nine months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Consumer Electronics & Durables 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 1.00 M and a paid-up capital of Rs 0.19 M.

The company currently has active open charges totaling ₹0.27 M.

Neelakantan Iyer and Roopesh Thayil serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31200KA1987PTC008313

  • Company No.

    008313

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Apr 1987

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Electronics & Durables

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

Board Members (2)

Name Designation Appointment Date Status
Neelakantan Iyer Country flag representing In Director 13-Jul-2018 Current
Roopesh Thayil Country flag representing In Director 26-Sep-2018 Current

Financial Performance of Pal Technology.

Pal Technology Private Limited, for the financial year ended 2015, experienced significant growth in revenue, with a 55.55% increase. The company also saw a substantial improvement in profitability, with a 43.3% increase in profit. The company's net worth dipped by a decrease of 9.93%.

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
55.55%
Revenue from Operations
61.75%
Total Assets
-0.96%
Profit or Loss
43.30%
Net Worth
-9.93%
EBITDA
46.58%

What is the Ownership and Shareholding Structure of Pal Technology?

In 2016, Pal Technology 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

₹0.27 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Karnataka State Financial Corportion : 0.02 Cr
  • Canara Bank : 0.01 Cr

Latest Charge Details

Date Lender Amount Status
27 Oct 1989 Canara Bank ₹0.07 M Open
31 Mar 1989 Karnataka State Financial Corportion ₹0.20 M Open

How Many Employees Work at Pal Technology?

Pal Technology has a workforce of 2 employees as of Mar 31, 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 Technology, 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 Technology'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 Technology

Recent activity within the organization

  • Annual General Meeting

    Pal Technology Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Pal Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Roopesh Chandrasekharan Thayil was appointed as a Director was appointed as a Director on 26 Sep 2018 & has been associated with this company since 6 years 4 months .

    26 Sep 2018

  • Director Appointment

    Neelakantan Pudarjuna Iyer was appointed as a Director was appointed as a Director on 13 Jul 2018 & has been associated with this company since 6 years 6 months .

    13 Jul 2018

  • Charges

    A charge with Canara Bank of Rs. 0.07 M registered on 27 Oct 1989 with Charge ID 90193494 was modified on 31 Mar 1995.

    31 Mar 1995

  • Charges

    A charge with Canara Bank amounted to Rs. 0.07 M with Charge ID 90193494 was registered on 27 Oct 1989.

    27 Oct 1989

Frequently asked questions

  • Pal Technology Private Limited was incorporated on 27 Apr 1987.

  • The authorized share capital of Pal Technology Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.19 M.

  • Currently 2 directors are associated with Pal Technology Private Limited.

    • Neelakantan Pudarjuna Iyer
    • Roopesh Chandrasekharan Thayil
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pal Technology Private Limited is No.1799/430-490, Next To Janapriya Bharat Enclave Sunkadakatte India, Bangalore, Karnataka, 560091.

  • The corporate identification number (CIN) of Pal Technology Private Limited is U31200KA1987PTC008313 and the company number is 008313 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2015, the revenue trend for Pal Technology Private Limited has risen by 55.55%.

  • As Per 2015 financial reports, 2 employees are currently employed by Pal Technology Private Limited.

  • The financial reports for the fiscal year 2015 indicates that The net worth of Pal Technology Private Limited has experienced an downturn of -9.93%.

  • As per the financial statements for fiscal Year 2015, The total open charges for Pal Technology Private Limited amount to ₹ 0.27 M.

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

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