Palak Alloys Private Limited

Produces ingots, alloys, chemicals, and trades iron and steel products.

2008 | Jalpaiguri, West Bengal (India) | Active
Last Updated:

Palak Alloys Profile

Key Indicators

  • Authorised Capital ₹ 9.80 Cr
  • Paid Up Capital ₹ 8.97 Cr
  • Company Age 16 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 24.04 Cr
  • Satisfied Charges ₹ 8.25 Cr
  • Revenue Growth 29.90%
  • Profit Growth 30.58%
  • Ebitda 49.33%
  • Net Worth -11.33%
  • Total Assets 2.20%

About Palak Alloys

Palak Alloys Private Limited (PAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 October 2008 and has a history of 16 years and four months. Its registered office is in Jalpaiguri, West Bengal, India.

The Company is engaged in the Chemicals And Materials 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 9.80 Cr and a paid-up capital of Rs 8.97 Cr.

The company currently has active open charges totaling ₹24.04 Cr. The company has closed loans amounting to ₹8.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nidhi Goyal and Babita Goyal serve as directors at the Company.

Company Details

  • Location

    Jalpaiguri, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27100WB2008PTC130079

  • Company No.

    130079

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Oct 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Chemicals and Materials
Metals and Minerals
Company report

Palak Alloys Private Limited

Explore comprehensive data for Palak Alloys Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Nidhi Goyal Country flag representing In Director 08-Mar-2013Current
Babita Goyal Country flag representing In Director 08-Mar-2013Current

Financial Performance of Palak Alloys.

Palak Alloys Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.9% increase. The company also saw a substantial improvement in profitability, with a 30.58% increase in profit. The company's net worth observed a substantial decline by a decrease of 11.33%.

Palak Alloys revenue growth over time
Palak Alloys 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
29.90%
Revenue from Operations
39.84%
Total Assets
2.20%
Profit or Loss
30.58%
Net Worth
-11.33%
EBITDA
49.33%

What is the Ownership and Shareholding Structure of Palak Alloys?

In 2023, Palak Alloys 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

₹24.04 Cr

Satisfied Charges

₹8.25 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 24.04 Cr

Latest Charge Details

DateLenderAmountStatus
25 Apr 2013Indian Bank₹24.04 CrOpen
26 Nov 2009United Bank Of India₹8.25 CrSatisfied

How Many Employees Work at Palak Alloys?

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

Employee growth trends for Palak Alloys Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palak Alloys, 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 Alloys'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 Palak Alloys

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge with Indian Bank of Rs. 24.04 Cr registered on 25 Apr 2013 with Charge ID 10427150 was modified on 31 Mar 2022.

  • Charges

    A charge with Indian Bank amounted to Rs. 24.04 Cr with Charge ID 10427150 was registered on 25 Apr 2013.

  • Charges

    A charge registered on 26 Nov 2009 via Charge ID 10193936 with United Bank Of India was fully satisfied on 17 Apr 2013.

  • Director Appointment

    Nidhi Goyal was appointed as a Director was appointed as a Director on 08 Mar 2013 & has been associated with this company since 12 years 4 days .

Frequently asked questions

  • What is the Incorporation or founding date of Palak Alloys Private Limited?

    Palak Alloys Private Limited was incorporated on 20 Oct 2008.

  • What is authorized share capital and paid-up capital of Palak Alloys Private Limited?

    The authorized share capital of Palak Alloys Private Limited is ₹ 9.80 Cr and paid-up capital is ₹ 8.97 Cr.

  • Who are the current board members & directors of Palak Alloys Private Limited?

    Currently 2 directors are associated with Palak Alloys Private Limited.

    • Nidhi Goyal
    • Babita Goyal
  • What is the registered address of Palak Alloys Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Palak Alloys Private Limited is Mouza-Kismat Sukhani P.O.-Manuaganj India, Rajganj, West Bengal, 735135.

  • What is the corporate identification number (CIN) and company number of Palak Alloys Private Limited?

    The corporate identification number (CIN) of Palak Alloys Private Limited is U27100WB2008PTC130079 and the company number is 130079 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Palak Alloys Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Palak Alloys Private Limited has risen by 29.90%.

  • What change has been observed in the net worth of Palak Alloys Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Palak Alloys Private Limited has experienced an downturn of -11.33%.

  • What are the total open charges for Palak Alloys Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Palak Alloys Private Limited amount to ₹ 24.04 Cr.

  • When was the last Balance Sheet of Palak Alloys Private Limited filed with the ROC?

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

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