Palak Commodities Private Limited
Offers financial and insurance services through central, commercial, and saving banks.
1992 | Mumbai, Maharashtra (India) | Active
Palak Commodities Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 5.30 M
- Company Age 32 Year, 11 Months
- Last Filing with ROC 31 Mar 2022
- Revenue Growth 64.46%
- Profit Growth 31.86%
- Ebitda 37.51%
- Net Worth -15.62%
- Total Assets -15.51%
About Palak Commodities
Palak Commodities Private Limited (PCPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 April 1992 and has a history of 32 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 5.30 M, as per Ministry of Corporate Affairs (MCA) records.
Kaushik Shah, Saurin Parekh, Surendra Shah, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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- Social Media -
Corporate Identity Details
- CIN/LLPIN
U67120MH1992PTC066204
- Company No.
066204
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Apr 1992
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Who are the key members and board of directors at Palak Commodities?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kaushik Shah  | Director | 01-Apr-1992 | Current |
| Saurin Parekh | Director | 09-Jan-1995 | Current |
| Surendra Shah | Director | 01-Apr-1992 | Current |
| Vishal Minda | Director | 10-Oct-2005 | Current |
Financial Performance of Palak Commodities.
Palak Commodities Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 64.46% increase. The company also saw a substantial improvement in profitability, with a 31.86% increase in profit. The company's net worth observed a substantial decline by a decrease of 15.62%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Palak Commodities?
In 2020, Palak Commodities had a promoter holding of 95.28% and a public holding of 4.72%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Kaushik Shah Shares And Securities Private Limited
Kaushik Shah and Saurin Parekh are mutual person
- Volatility Learning & Training Private Limited
Kaushik Shah and Saurin Parekh are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Palak Commodities?
Unlock and access historical data on people associated with Palak Commodities, 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 Commodities, 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 Commodities'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.
Latest Updates, News, and FAQs on Palak Commodities
Recent activity within the organization
- Annual General Meeting
Palak Commodities Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
- Balance Sheet
Palak Commodities Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.
- Director Appointment
Vishal Tansukhlal Minda was appointed as a Director was appointed as a Director on 10 Oct 2005 & has been associated with this company since 19 years 4 months .
- Director Appointment
Saurin Hasmukh Parekh was appointed as a Director was appointed as a Director on 09 Jan 1995 & has been associated with this company since 30 years 1 month .
- Director Appointment
Kaushik Surendra Shah was appointed as a Director was appointed as a Director on 01 Apr 1992 & has been associated with this company since 32 years 11 months .
- Director Appointment
Surendra Shantilal Shah was appointed as a Director was appointed as a Director on 01 Apr 1992 & has been associated with this company since 32 years 11 months .
Frequently asked questions
What is the Incorporation or founding date of Palak Commodities Private Limited?
Palak Commodities Private Limited was incorporated on 01 Apr 1992.
What is authorized share capital and paid-up capital of Palak Commodities Private Limited?
The authorized share capital of Palak Commodities Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.30 M.
Who are the current board members & directors of Palak Commodities Private Limited?
Currently 4 directors are associated with Palak Commodities Private Limited.
- Kaushik Surendra Shah
- Saurin Hasmukh Parekh
- Surendra Shantilal Shah
- Vishal Tansukhlal Minda
What is the registered address of Palak Commodities Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Palak Commodities Private Limited is 501/502 Heritage Plaza 'A' Wing 5Th Floor Nityanand Nagar 28/29 Telli Gully Cross Road, India, Andheri (E) Mumbai, Maharashtra, 400069.
What is the corporate identification number (CIN) and company number of Palak Commodities Private Limited?
The corporate identification number (CIN) of Palak Commodities Private Limited is U67120MH1992PTC066204 and the company number is 066204 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Palak Commodities Private Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Palak Commodities Private Limited has risen by 64.46%.
What change has been observed in the net worth of Palak Commodities Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Palak Commodities Private Limited has experienced an downturn of -15.62%.
When was the last Balance Sheet of Palak Commodities Private Limited filed with the ROC?
The most recent Balance Sheet for Palak Commodities Private Limited was filed with the ROC on 31 Mar 2022.