Palace Automobiles Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 02-01-2025
- Paid Up Capital ₹ 1.40 Cr
as on 02-01-2025
- Company Age 8 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 19.11 Cr
as on 02-01-2025
- Satisfied Charges ₹ 3.00 Cr
as on 02-01-2025
- Revenue -18.61%
(FY 2022)
- Profit 461.02%
(FY 2022)
- Ebitda 10.91%
(FY 2022)
- Net Worth 6.86%
(FY 2022)
- Total Assets 6.31%
(FY 2022)
About Palace Automobiles
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 2.00 Cr and a paid-up capital of Rs 1.40 Cr.
The company currently has active open charges totaling ₹19.11 Cr. The company has closed loans amounting to ₹3.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Chinju Johnson, Sleeba Koshy, and Siby Sleeba serve as directors at the Company.
- CIN/LLPIN
U50100KL2016PTC040398
- Company No.
040398
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Mar 2016
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Company Details
- Location
Pathanamthitta, Kerala, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Palace Automobiles?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Siby Sleeba  | Managing Director | 17-Mar-2016 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Chinju Johnson | Director | 17-Mar-2016 | Current |
| Sleeba Koshy | Director | 12-Nov-2016 | Current |
Financial Performance of Palace Automobiles.
Palace Automobiles Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 18.61% decrease. The company also saw a substantial improvement in profitability, with a 461.02% increase in profit. The company's net worth moved up by a moderate rise of 6.86%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Palace Automobiles?
In 2023, Palace Automobiles had a public holding of 19.44%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Sleeba & Sons Automotive Private LimitedActive 5 years 6 months
Sleeba Koshy and Siby Sleeba are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 31 May 2024 | ₹1.48 M | Open |
Others Creation Date: 26 Sep 2023 | ₹1.42 M | Open |
Others Creation Date: 25 Jul 2023 | ₹1.44 M | Open |
How Many Employees Work at Palace Automobiles?
Palace Automobiles has a workforce of 13 employees as of Apr 07, 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 Palace Automobiles, 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 Palace Automobiles'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.
