Palak Hr (India) Private Limited

Provides permanent placement services and executive search services since 2011.

2011 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Palak Hr (India) Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 13 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.65 Cr
  • Revenue Growth -25.74%
  • Profit Growth -77.26%
  • Ebitda -75.34%
  • Net Worth 1.21%
  • Total Assets 0.07%

About Palak Hr (India)

Palak Hr (India) Private Limited (PHIPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 July 2011 and has a history of 13 years and eight months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Business Outsourcing 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 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹4.65 Cr.

Golakh Parida and Dimple Chaudhury serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999TN2011PTC081435

  • Company No.

    081435

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Jul 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Business Outsourcing

Who are the key members and board of directors at Palak Hr (India)?

Board Members (2)

NameDesignationAppointment DateStatus
Golakh Parida Country flag representing In Director 09-Mar-2021Current
Dimple Chaudhury Country flag representing In Director 08-Jul-2011Current

Financial Performance of Palak Hr (India).

Palak Hr (India) Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 25.74% decrease. The company also saw a substantial fall in profitability, with a 77.26% decrease in profit. The company's net worth moved up by a moderate rise of 1.21%.

Palak Hr (India) revenue growth over time
Palak Hr (India) 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
-25.74%
Revenue from Operations
-25.74%
Total Assets
0.07%
Profit or Loss
-77.26%
Net Worth
1.21%
EBITDA
-75.34%

What is the Ownership and Shareholding Structure of Palak Hr (India)?

In 2022, Palak Hr (India) 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

₹46.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 4.65 Cr

Latest Charge Details

DateLenderAmountStatus
02 Jan 2024Axis Bank Limited₹4.65 CrOpen

How Many Employees Work at Palak Hr (India)?

Palak Hr (India) has a workforce of 0 employees as of Apr 06, 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.

Employee growth trends for Palak Hr (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palak Hr (India), 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 Hr (India)'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 Hr (India)

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Palak Hr (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 46.50 M with Charge ID 100867691 was registered on 02 Jan 2024.

  • Director Appointment

    Golakh Parida was appointed as a Director was appointed as a Director on 09 Mar 2021 & has been associated with this company since 3 years 11 months .

  • Director Appointment

    Dimple Chaudhury was appointed as a Director was appointed as a Director on 08 Jul 2011 & has been associated with this company since 13 years 8 months .

  • Company Incorporation

    Palak Hr (India) Private Limited was registered on 08 Jul 2011 with Roc Chennai & aged 13 years 8 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Palak Hr (India) Private Limited?

    Palak Hr (India) Private Limited was incorporated on 08 Jul 2011.

  • What is authorized share capital and paid-up capital of Palak Hr (India) Private Limited?

    The authorized share capital of Palak Hr (India) Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Who are the current board members & directors of Palak Hr (India) Private Limited?

    Currently 2 directors are associated with Palak Hr (India) Private Limited.

    • Golakh Parida
    • Dimple Chaudhury

  • What is the registered address of Palak Hr (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Palak Hr (India) Private Limited is 29/30 Rattan Bazzar Kumbhat Complex Suit No.9 4Th Floor, India, Chennai, Tamil Nadu, 600003.

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

    The corporate identification number (CIN) of Palak Hr (India) Private Limited is U74999TN2011PTC081435 and the company number is 081435 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Palak Hr (India) Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Palak Hr (India) Private Limited has fallen by -25.74%.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Palak Hr (India) Private Limited has experienced an upsurge of 1.21%.

  • What are the total open charges for Palak Hr (India) Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Palak Hr (India) Private Limited amount to ₹ 4.65 Cr.

  • When was the last Balance Sheet of Palak Hr (India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Palak Hr (India) Private Limited was filed with the ROC on 31 Mar 2024.

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