Palak Construction Private Limited

Constructs commercial buildings and develops land for various types of construction projects.

1993 | Mumbai, Maharashtra (India) | Active
Last Updated: January 05, 2025

Palak Construction Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 32 Year, 1 Month
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 1.50 Cr
  • Revenue Growth -45.68%
  • Profit Growth -486.73%
  • Ebitda -212.19%
  • Net Worth -18.86%
  • Total Assets -12.07%

About Palak Construction

Palak Construction Private Limited (PCPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 January 1993 and has a history of 32 years and one month. 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 2018. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹1.50 Cr.

Mohini Goyal and Neha Goel 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

    U45201MH1993PTC070285

  • Company No.

    070285

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jan 1993

  • Date of AGM

    29 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

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

Board Members (2)

Name Designation Appointment Date Status
Mohini Goyal Country flag representing In Director 05-Jan-1993 Current
Neha Goel Country flag representing In Director 02-Apr-2018 Current

Financial Performance of Palak Construction.

Palak Construction Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 45.68% decrease. The company also saw a substantial fall in profitability, with a 486.73% decrease in profit. The company's net worth observed a substantial decline by a decrease of 18.86%.

Graph illustrating revenue growth over time
Graph showing 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
-45.68%
Revenue from Operations
-45.02%
Total Assets
-12.07%
Profit or Loss
-486.73%
Net Worth
-18.86%
EBITDA
-212.19%

What is the Ownership and Shareholding Structure of Palak Construction?

In 2017, Palak Construction 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

₹15.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Oriental Bank Of Commerce : 1.50 Cr

Latest Charge Details

Date Lender Amount Status
28 Mar 2009 Oriental Bank Of Commerce ₹1.50 Cr Open

How Many Employees Work at Palak Construction?

Palak Construction has a workforce of 1 employees as of Mar 20, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Palak Construction Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

    29 Sep 2018

  • Director Appointment

    Neha Vineet Goel was appointed as a Director was appointed as a Director on 02 Apr 2018 & has been associated with this company since 6 years 10 months .

    02 Apr 2018

  • Balance Sheet

    Palak Construction Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai.

    31 Mar 2018

  • Charges

    A charge with Oriental Bank Of Commerce of Rs. 15.00 M registered on 28 Mar 2009 with Charge ID 10149309 was modified on 12 Oct 2011.

    12 Oct 2011

  • Charges

    A charge with Oriental Bank Of Commerce amounted to Rs. 15.00 M with Charge ID 10149309 was registered on 28 Mar 2009.

    28 Mar 2009

  • Director Appointment

    Mohini Pramodkumar Goyal was appointed as a Director was appointed as a Director on 05 Jan 1993 & has been associated with this company since 32 years 1 month .

    05 Jan 1993

Frequently asked questions

  • Palak Construction Private Limited was incorporated on 05 Jan 1993.

  • The authorized share capital of Palak Construction Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

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

    • Mohini Pramodkumar Goyal
    • Neha Vineet Goel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Palak Construction Private Limited is 304 Chandra Sagar Soc.Gokul Dham Goregaon East India, Mumbai, Maharashtra, 400063.

  • The corporate identification number (CIN) of Palak Construction Private Limited is U45201MH1993PTC070285 and the company number is 070285 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Palak Construction Private Limited has fallen by -45.68%.

  • As Per 2017 financial reports, 1 employees are currently employed by Palak Construction Private Limited.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Palak Construction Private Limited has experienced an downturn of -18.86%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Palak Construction Private Limited amount to ₹ 1.50 Cr.

  • The most recent Balance Sheet for Palak Construction Private Limited was filed with the ROC on 31 Mar 2018.

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