Palak Agency Private Limited

Palak Agency Private Limited

Iron and steel trading and distribution company based in Mumbai, established in 1998.
1998 | Mumbai, Maharashtra (India) | Active

Last Updated:

December 11, 2024
HomeCompanyPalak Agency Private Limited

Who are the key members and board of directors at Palak Agency?

Board Members(2)

NameDesignationAppointment DateStatus
Surendra Sharma In Director 31-Jan-2022Current
Sushil Dham In Director 31-Jan-2022Current

Financial Performance and Corporate Structure Insights of Palak Agency.

Palak Agency Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.75% decrease. The company also saw a substantial improvement in profitability, with a 5601.19% increase in profit. The company's net worth moved up by a moderate rise of 1.88%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-7.75%
Revenue from Operations
-51.89%
Total Assets
-7.28%
Profit or Loss
5601.19%
Net Worth
1.88%
EBITDA
-605.85%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹675.00 Cr

₹295.00 Cr

LenderAmountStatus

Others

Creation Date: 15 Jun 2019
₹250.00 CrOpen

Others

Creation Date: 20 May 2017
₹150.00 CrOpen

Others

Creation Date: 08 Feb 2017
₹275.00 CrOpen

How Many Employees Work at Palak Agency?

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

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Latest Updates, News, and FAQs on Palak Agency

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 275.00 Cr registered on 08 Feb 2017 with Charge ID 100081393 was modified on 16 Mar 2024.

    16 Mar 2024

  • Director Appointment

    Surendra Deepchand Sharma was appointed as a Director was appointed as a Director on 31 Jan 2022 & has been associated with this company since 2 years 10 months .

    31 Jan 2022

  • Director Appointment

    Sushil Kumar Dham was appointed as a Director was appointed as a Director on 31 Jan 2022 & has been associated with this company since 2 years 10 months .

    31 Jan 2022

  • Charges

    A charge with Others amounted to Rs. 250.00 Cr with Charge ID 100273453 was registered on 15 Jun 2019.

    15 Jun 2019

Frequently asked questions

  • Palak Agency Private Limited was incorporated on 19 Jun 1998.

  • The authorized share capital of Palak Agency Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.68 M.

  • Currently 2 directors are associated with Palak Agency Private Limited.

    • Surendra Deepchand Sharma
    • Sushil Kumar Dham
  • As per Ministry of Corporate Affairs (Mca), the registered address of Palak Agency Private Limited is 533 Nav Vyapar Bhavan 49 P D'Mello Road Carnac Bunder, India, Mumbai, Maharashtra, 400009.

  • The corporate identification number (CIN) of Palak Agency Private Limited is U51100MH1998PTC115425 and the company number is 115425 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Palak Agency Private Limited is https://www.palakagency.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Palak Agency Private Limited has fallen by -7.75%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Palak Agency Private Limited has experienced an upsurge of 1.88%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Palak Agency Private Limited amount to ₹ 675.00 Cr.

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

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