Palak Creation Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 08-07-2024
- Paid Up Capital ₹ 0.99 M
as on 08-07-2024
- Company Age 28 Year, 9 Months
- Last Filing with ROC 31 Mar 2022
- Satisfied Charges ₹ 1.60 M
as on 08-07-2024
- Revenue 2.38%
(FY 2019)
- Profit -22.66%
(FY 2019)
- Ebitda -13.11%
(FY 2019)
- Net Worth 2.06%
(FY 2019)
- Total Assets -0.07%
(FY 2019)
About Palak Creation
The Company is engaged in the Home & Lifestyle 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 M and a paid-up capital of Rs 0.99 M.
The company has closed loans amounting to ₹1.60 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Devesh Gupta, Shraddhanand Garg, and Deepak Gupta serve as directors at the Company.
- CIN/LLPIN
U17226DL1996PTC077111
- Company No.
077111
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Mar 1996
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
New Delhi, Delhi, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Palak Creation Private Limited offer?
Palak Creation Private Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Apparel Denim Fabric, Natural Fabric, Synthetic Fabric, Apparel & Clothing Fabric, Cotton Textile.
Who are the key members and board of directors at Palak Creation?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Devesh Gupta  | Additional Director | 15-Jun-2021 | Current |
| Shraddhanand Garg | Director | 30-Aug-2017 | Current |
| Deepak Gupta | Director | 13-Mar-1996 | Current |
Financial Performance of Palak Creation.
Palak Creation Private Limited, for the financial year ended 2019, experienced modest growth in revenue, with a 2.38% increase. The company also saw a substantial fall in profitability, with a 22.66% decrease in profit. The company's net worth moved up by a moderate rise of 2.06%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (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 Creation?
In 2021, Palak Creation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 31 Oct 2002 | ₹1.60 M | Satisfied |
How Many Employees Work at Palak Creation?
Unlock and access historical data on people associated with Palak Creation, 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 Creation, 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 Creation'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.
