Palai Developers Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 16 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 14.00 Cr
- Satisfied Charges ₹ 66.18 Cr
- Revenue Growth 388.41%
- Profit Growth 828.81%
- Ebitda 461.93%
- Net Worth 56.33%
- Total Assets 2.06%
About Palai Developers
Palai Developers Private Limited (PDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 June 2008 and has a history of 16 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Palai Realty And Infrastructure Private Limited. The Company is engaged in the Real Estate And Construction 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 0.50 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹14.00 Cr. The company has closed loans amounting to ₹66.18 Cr, as per Ministry of Corporate Affairs (MCA) records.
Jayantilal Nandu and Rajesh Gala serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45202MH2008PTC183966
- Company No.
183966
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Jun 2008
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Real Estate and Construction
Who are the key members and board of directors at Palai Developers?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jayantilal Nandu | Director Appointed In Casual Vacancy | 26-Sep-2024 | Current |
Rajesh Gala  | Director | 25-Jun-2008 | Current |
Financial Performance of Palai Developers.
Palai Developers Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 388.41% increase. The company also saw a substantial improvement in profitability, with a 828.81% increase in profit. The company's net worth Soared by an impressive increase of 56.33%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Palai Developers?
In 2020, Palai Developers 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)
Palai Developments Private LimitedRajesh Gala is a mutual person
Palai Developers (Lonavala) Private LimitedJayantilal Nandu and Rajesh Gala are mutual person
- Palai Developers (Deolali) Private Limited
Jayantilal Nandu and Rajesh Gala are mutual person
- Siyuti Clothing Private Limited
Rajesh Gala is a mutual person
- Pramanik Retail Private Limited
Rajesh Gala is a mutual person
Charges (Loans)
Open Charges
₹140.00 M
Satisfied Charges
₹661.80 M
Charges Breakdown by Lending Institutions
- Ecl Finance Limited : 14.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jul 2012 | Ecl Finance Limited | ₹14.00 Cr | Open |
| 05 Aug 2016 | State Bank Of India | ₹9.93 Cr | Satisfied |
| 25 Jul 2016 | Others | ₹22.50 Cr | Satisfied |
| 02 Apr 2009 | Indian Bank | ₹33.75 Cr | Satisfied |
How Many Employees Work at Palai Developers?
Unlock and access historical data on people associated with Palai Developers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Palai Developers, 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 Palai Developers'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.
Latest Updates, News, and FAQs on Palai Developers
Recent activity within the organization
- Annual General Meeting
Palai Developers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Jayantilal Korshi Nandu was appointed as a Director Appointed In Casual Vacancy was appointed as a Director Appointed In Casual Vacancy on 26 Sep 2024 & has been associated with this company since 5 months 8 days .
- Balance Sheet
Palai Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 25 Jul 2016 via Charge ID 100049686 with Others was fully satisfied on 14 Sep 2023.
- Charges
A charge registered on 05 Aug 2016 via Charge ID 100046102 with State Bank Of India was fully satisfied on 21 Aug 2021.
- Charges
A charge with Others of Rs. 225.00 M registered on 25 Jul 2016 with Charge ID 100049686 was modified on 27 Mar 2020.
Frequently asked questions
What is the Incorporation or founding date of Palai Developers Private Limited?
Palai Developers Private Limited was incorporated on 25 Jun 2008.
What is authorized share capital and paid-up capital of Palai Developers Private Limited?
The authorized share capital of Palai Developers Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Palai Developers Private Limited?
Currently 2 directors are associated with Palai Developers Private Limited.
- Jayantilal Korshi Nandu
- Rajesh Dhanji Gala
What is the registered address of Palai Developers Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Palai Developers Private Limited is Plot No. 96 Ground Floor Arudh Niwas Hindu Colony Lane 3, Dadar East India, Mumbai, Maharashtra, 400014.
What is the corporate identification number (CIN) and company number of Palai Developers Private Limited?
The corporate identification number (CIN) of Palai Developers Private Limited is U45202MH2008PTC183966 and the company number is 183966 as per Ministry of Corporate Affairs (MCA).
What is the official website of Palai Developers Private Limited?
The Official website of Palai Developers Private Limited is https://www.palaigroup.com
What has been the recent revenue trend for Palai Developers Private Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Palai Developers Private Limited has risen by 388.41%.
What change has been observed in the net worth of Palai Developers Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Palai Developers Private Limited has experienced an upsurge of 56.33%.
What are the total open charges for Palai Developers Private Limited?
As per the financial statements for fiscal Year 2020, The total open charges for Palai Developers Private Limited amount to ₹ 14.00 Cr.
When was the last Balance Sheet of Palai Developers Private Limited filed with the ROC?
The most recent Balance Sheet for Palai Developers Private Limited was filed with the ROC on 31 Mar 2024.
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