Palai Developers Private Limited

Real estate development and consulting services for properties in India and abroad.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated: December 24, 2024

Palai Developers Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 16 Year, 7 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 seven 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
  • 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 Country flag representing In 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%.

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
388.41%
Revenue from Operations
388.41%
Total Assets
2.06%
Profit or Loss
828.81%
Net Worth
56.33%
EBITDA
461.93%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Sep 2024

  • 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 4 months 9 days .

    26 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge registered on 25 Jul 2016 via Charge ID 100049686 with Others was fully satisfied on 14 Sep 2023.

    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.

    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.

    27 Mar 2020

Frequently asked questions

  • Palai Developers Private Limited was incorporated on 25 Jun 2008.

  • The authorized share capital of Palai Developers Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Palai Developers Private Limited.

    • Jayantilal Korshi Nandu
    • Rajesh Dhanji Gala
  • 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.

  • 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).

  • The Official website of Palai Developers Private Limited is https://www.palaigroup.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Palai Developers Private Limited has risen by 388.41%.

  • 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%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Palai Developers Private Limited amount to ₹ 14.00 Cr.

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

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