Palai Developments Private Limited

Real estate development company constructing residential and commercial properties, including holiday homes.

2017 | Mumbai, Maharashtra (India) | Active
Last Updated:

Palai Developments Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 7 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 310.00 Cr

About Palai Developments

Palai Developments Private Limited (PDPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 August 2017 (Seven years and six months 17 days old ). Its registered office is in Mumbai, Maharashtra, India.

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 2023. 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 ₹310.00 Cr.

The Key Managerial Personnel (KMP) at Palai Developments Private Limited India are Parambadi Nair as COMPANY SECRETARY and Gaurav Kauntia as Cfo. Rajesh Gala and Hetal Gala serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    palaigroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45309MH2017PTC298756

  • Company No.

    298756

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Aug 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

Who are the key members and board of directors at Palai Developments?

Executive Team (3)

NameDesignationAppointment DateStatus
Gaurav Kauntia Country flag representing In CFO22-Nov-2018Current
Rajesh Gala Country flag representing In Managing Director18-Aug-2017Current
Parambadi Nair Company Secretary08-Jan-2020Current

Board Members (1)

NameDesignationAppointment DateStatus
Hetal Gala Country flag representing In Director 22-Nov-2018Current

Financial Performance of Palai Developments.

Palai Developments Private Limited, for the financial year ended 2018, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Palai Developments revenue growth over time
Palai Developments 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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Palai Developments?

In 2018, Palai Developments had a promoter holding of 100.00%. The company had 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3,100.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 310.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Dec 2021Others₹185.00 CrOpen
12 Oct 2017Others₹125.00 CrOpen

How Many Employees Work at Palai Developments?

Unlock and access historical data on people associated with Palai Developments, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Palai Developments Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palai Developments, 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 Developments'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 Developments

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Palai Developments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge with Others of Rs. 1,250.00 M registered on 12 Oct 2017 with Charge ID 100130479 was modified on 04 Jul 2022.

  • Charges

    A charge with Others amounted to Rs. 1,850.00 M with Charge ID 100522575 was registered on 29 Dec 2021.

  • Director Appointment

    Parambadi Madhavan Nair was appointed as a Company Secretary was appointed as a Company Secretary on 08 Jan 2020 & has been associated with this company since 5 years 1 month .

  • Director Appointment

    Hetal Rajesh Gala was appointed as a Director was appointed as a Director on 22 Nov 2018 & has been associated with this company since 6 years 3 months .

Frequently asked questions

  • What is the Incorporation or founding date of Palai Developments Private Limited?

    Palai Developments Private Limited was incorporated on 18 Aug 2017.

  • What is authorized share capital and paid-up capital of Palai Developments Private Limited?

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

  • Who are the current board members & directors of Palai Developments Private Limited?

    Currently 4 directors are associated with Palai Developments Private Limited.

    • Rajesh Dhanji Gala
    • Hetal Rajesh Gala
    • Parambadi Madhavan Nair
    • Gaurav Gopi Kauntia

  • What is the registered address of Palai Developments Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Palai Developments 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 Developments Private Limited?

    The corporate identification number (CIN) of Palai Developments Private Limited is U45309MH2017PTC298756 and the company number is 298756 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Palai Developments Private Limited?

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

  • What are the total open charges for Palai Developments Private Limited?

    As per the financial statements for fiscal Year 2018, The total open charges for Palai Developments Private Limited amount to ₹ 310.00 Cr.

  • When was the last Balance Sheet of Palai Developments Private Limited filed with the ROC?

    The most recent Balance Sheet for Palai Developments Private Limited was filed with the ROC on 31 Mar 2023.

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