Palahi Ispat Private Limited

Founded in 1998 and headquartered in Maharashtra, India.

1998 | Nagpur, Maharashtra (India) | Active
Last Updated: December 29, 2024

Palahi Ispat Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.17 Cr
  • Company Age 26 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 2.65 Cr
  • Revenue Growth -52.45%
  • Profit Growth -56.38%
  • Ebitda 5.18%
  • Net Worth -0.88%
  • Total Assets -24.12%

About Palahi Ispat

Palahi Ispat Private Limited (PIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 October 1998 and has a history of 26 years and four months. Its registered office is in Nagpur, Maharashtra, India.

The Company is engaged in the Metal & Minerals 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 1.50 Cr and a paid-up capital of Rs 1.17 Cr.

The company has closed loans amounting to ₹2.65 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Paramjit Saggu and Damanjeet Saggu serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U55201MH1998PTC116843

  • Company No.

    116843

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Oct 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metal & Minerals

Who are the key members and board of directors at Palahi Ispat?

Board Members (2)

Name Designation Appointment Date Status
Paramjit Saggu Country flag representing In Director 25-May-2019 Current
Damanjeet Saggu Country flag representing In Director 25-May-2019 Current

Financial Performance of Palahi Ispat.

Palahi Ispat Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 52.45% decrease. The company also saw a substantial fall in profitability, with a 56.38% decrease in profit. The company's net worth dipped by a decrease of 0.88%.

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
-52.45%
Revenue from Operations
-52.65%
Total Assets
-24.12%
Profit or Loss
-56.38%
Net Worth
-0.88%
EBITDA
5.18%

What is the Ownership and Shareholding Structure of Palahi Ispat?

In 2016, Palahi Ispat 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

Satisfied Charges

₹2.65 Cr

Charges Breakdown by Lending Institutions

  • Others : 1.90 Cr
  • The Nagpur Nagrik Sahakari Bank Limited : 0.75 Cr

Latest Charge Details

Date Lender Amount Status
15 Sep 2008 Others ₹1.90 Cr Satisfied
30 Mar 2007 The Nagpur Nagrik Sahakari Bank Limited ₹7.50 M Satisfied

How Many Employees Work at Palahi Ispat?

Palahi Ispat has a workforce of 3 employees as of Apr 06, 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 Palahi Ispat, 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 Palahi Ispat'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 Palahi Ispat

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge registered on 15 Sep 2008 via Charge ID 10211711 with Others was fully satisfied on 28 Aug 2024.

    28 Aug 2024

  • Balance Sheet

    Palahi Ispat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Paramjit Kaur Saggu was appointed as a Director was appointed as a Director on 25 May 2019 & has been associated with this company since 5 years 8 months .

    25 May 2019

  • Director Appointment

    Damanjeet Singh Saggu was appointed as a Director was appointed as a Director on 25 May 2019 & has been associated with this company since 5 years 8 months .

    25 May 2019

  • Charges

    A charge with Others of Rs. 1.90 Cr registered on 15 Sep 2008 with Charge ID 10211711 was modified on 20 Jun 2017.

    20 Jun 2017

Frequently asked questions

  • Palahi Ispat Private Limited was incorporated on 13 Oct 1998.

  • The authorized share capital of Palahi Ispat Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.17 Cr.

  • Currently 2 directors are associated with Palahi Ispat Private Limited.

    • Paramjit Kaur Saggu
    • Damanjeet Singh Saggu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Palahi Ispat Private Limited is Flat No 108 Kailashpati Aptskamptee Road India, Nagpur, Maharashtra, 440017.

  • The corporate identification number (CIN) of Palahi Ispat Private Limited is U55201MH1998PTC116843 and the company number is 116843 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Palahi Ispat Private Limited has fallen by -52.45%.

  • As Per 2020 financial reports, 3 employees are currently employed by Palahi Ispat Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Palahi Ispat Private Limited has experienced an downturn of -0.88%.

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

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