Palak Agency Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 2.68 M
- Company Age 26 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 675.00 Cr
- Satisfied Charges ₹ 295.00 Cr
- Revenue Growth -7.75%
- Profit Growth 5601.19%
- Ebitda -605.85%
- Net Worth 1.88%
- Total Assets -7.28%
About Palak Agency
Palak Agency Private Limited (PAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 June 1998 and has a history of 26 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Metals And 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 5.00 Cr and a paid-up capital of Rs 2.68 M.
The company currently has active open charges totaling ₹675.00 Cr. The company has closed loans amounting to ₹295.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Surendra Sharma and Sushil Dham 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
U51100MH1998PTC115425
- Company No.
115425
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Jun 1998
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Palak Agency?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Surendra Sharma  | Director | 31-Jan-2022 | Current |
| Sushil Dham | Director | 31-Jan-2022 | Current |
Financial Performance 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (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 Palak Agency?
In 2023, Palak Agency had a public holding of 0.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sru Steels LimitedSurendra Sharma is a mutual person
Shree Uttam Steel And Power LimitedSurendra Sharma is a mutual person
- Blackstone Multi Trading Private Limited
Surendra Sharma and Sushil Dham are mutual person
- Kredence Multi Trading Limited
Surendra Sharma is a mutual person
- Ta Trading Llp
Sushil Dham is a mutual person
- Ragini Credit Cap Private Limited
Sushil Dham is a mutual person
Charges (Loans)
₹675.00 Cr
₹295.00 Cr
Charges Breakdown by Lending Institutions
- Others : 675.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jun 2019 | Others | ₹250.00 Cr | Open |
| 20 May 2017 | Others | ₹150.00 Cr | Open |
| 08 Feb 2017 | Others | ₹275.00 Cr | Open |
| 17 Jun 2015 | Punjab And Maharashtra Co-Operative Bank Limited | ₹65.00 Cr | Satisfied |
| 01 Apr 2015 | Rbl Bank Limited | ₹180.00 Cr | Satisfied |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Palak Agency, 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 Palak Agency'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.
.webp){kind=small}
