Palak Gems Private Limited

Founded in 2010 and headquartered in Gujarat, India.

2010 | Surat, Gujarat (India) | Active
Last Updated: December 04, 2024

Palak Gems Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 14 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -68.09%
  • Profit Growth -1.96%
  • Ebitda 39.10%
  • Net Worth 14.10%
  • Total Assets -50.98%

About Palak Gems

Palak Gems Private Limited (PGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 September 2010 and has a history of 14 years and five months. Its registered office is in Surat, Gujarat, India.

The Company is engaged in the Trading Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Mohit Jain and Paras Bhil serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U52393GJ2010PTC062191

  • Company No.

    062191

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Sep 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Trading

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

Board Members (2)

NameDesignationAppointment DateStatus
Mohit Jain Country flag representing In Director 07-Oct-2020Current
Paras Bhil Country flag representing In Director 01-Jan-2018Current

Financial Performance of Palak Gems.

Palak Gems Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 68.09% decrease. The company also saw a slight decrease in profitability, with a 1.96% decrease in profit. The company's net worth Soared by an impressive increase of 14.1%.

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
-68.09%
Revenue from Operations
-68.97%
Total Assets
-50.98%
Profit or Loss
-1.96%
Net Worth
14.10%
EBITDA
39.10%

What is the Ownership and Shareholding Structure of Palak Gems?

In 2017, Palak Gems 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Palak Gems?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Palak Gems Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Palak Gems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Mohit Jain was appointed as a Director was appointed as a Director on 07 Oct 2020 & has been associated with this company since 4 years 4 months .

    07 Oct 2020

  • Director Appointment

    Paras Mal Bhil was appointed as a Director was appointed as a Director on 01 Jan 2018 & has been associated with this company since 7 years 1 month .

    01 Jan 2018

  • Company Incorporation

    Palak Gems Private Limited was registered on 02 Sep 2010 with Roc Ahmedabad & aged 14 years 5 months as per MCA records.

    02 Sep 2010

Frequently asked questions

  • Palak Gems Private Limited was incorporated on 02 Sep 2010.

  • The authorized share capital of Palak Gems Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

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

    • Mohit Jain
    • Paras Mal Bhil
  • As per Ministry of Corporate Affairs (Mca), the registered address of Palak Gems Private Limited is 6/2497 Cabin No.H 3Rd Floor Balaji Krupa Limbu Sheri, Mahidharpura India, Surat, Gujarat, 395003.

  • The corporate identification number (CIN) of Palak Gems Private Limited is U52393GJ2010PTC062191 and the company number is 062191 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Palak Gems Private Limited has fallen by -68.09%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Palak Gems Private Limited has experienced an upsurge of 14.10%.

  • The most recent Balance Sheet for Palak Gems Private Limited was filed with the ROC on 31 Mar 2023.

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