Palak Infra Private Limited

Provides civil construction services, specializing in government contracts for highways, bridges, and buildings.

2008 | Siwan, Bihar (India) | Active
Last Updated: July 24, 2024

Palak Infra Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 5.10 Cr
  • Company Age 16 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 23.41 Cr
  • Revenue Growth 68.37%
  • Profit Growth 70.01%
  • Ebitda 44.20%
  • Net Worth 23.74%
  • Total Assets 28.96%

About Palak Infra

Palak Infra Private Limited (PIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 December 2008 and has a history of 16 years and two months. Its registered office is in Siwan, Bihar, India.

The Company is engaged in the Infrastructure And Utilities 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 2.00 Cr and a paid-up capital of Rs 5.10 Cr.

The company currently has active open charges totaling ₹23.41 Cr.

Manish Kumar, Deo Singh, and Praveen Singh serve as directors at the Company.

Company Details

  • Location

    Siwan, Bihar, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    palakinfra.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45200BR2008PTC014092

  • Company No.

    014092

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Dec 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Patna

Industry

Infrastructure and Utilities

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

Board Members (3)

Name Designation Appointment Date Status
Manish Kumar Country flag representing In Director 05-Dec-2008 Current
Deo Singh Country flag representing In Director 05-Dec-2008 Current
Praveen Singh Country flag representing In Director 05-Dec-2008 Current

Financial Performance of Palak Infra.

Palak Infra Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 68.37% increase. The company also saw a substantial improvement in profitability, with a 70.01% increase in profit. The company's net worth Soared by an impressive increase of 23.74%.

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
68.37%
Revenue from Operations
68.85%
Total Assets
28.96%
Profit or Loss
70.01%
Net Worth
23.74%
EBITDA
44.20%

What is the Ownership and Shareholding Structure of Palak Infra?

In 2023, Palak Infra 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

₹23.41 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of India : 15.12 Cr
  • Axis Bank Limited : 8.04 Cr
  • Others : 0.25 Cr

Latest Charge Details

Date Lender Amount Status
14 Feb 2024 Axis Bank Limited ₹3.60 Cr Open
29 Aug 2022 Axis Bank Limited ₹1.87 Cr Open
28 Oct 2021 Axis Bank Limited ₹3.55 M Open
21 Dec 2020 Axis Bank Limited ₹2.22 Cr Open
09 Dec 2020 Bank Of India ₹1.15 M Open

How Many Employees Work at Palak Infra?

Palak Infra has a workforce of 0 employees as of Apr 05, 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 Infra, 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 Infra'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 Infra

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.60 Cr with Charge ID 100872705 was registered on 14 Feb 2024.

    14 Feb 2024

  • Annual General Meeting

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

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.87 Cr with Charge ID 100676458 was registered on 29 Aug 2022.

    29 Aug 2022

  • Charges

    A charge with Bank Of India of Rs. 15.00 Cr registered on 20 Mar 2017 with Charge ID 100099235 was modified on 18 Aug 2022.

    18 Aug 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.36 Cr with Charge ID 100517091 was registered on 28 Oct 2021.

    28 Oct 2021

Frequently asked questions

  • Palak Infra Private Limited was incorporated on 05 Dec 2008.

  • The authorized share capital of Palak Infra Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 5.10 Cr.

  • Currently 3 directors are associated with Palak Infra Private Limited.

    • Manish Kumar
    • Deo Nath Singh
    • Praveen Kumar Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Palak Infra Private Limited is At P. O. Amalori P. S. Mufasil Siwan, Bihar, India, 841226.

  • The corporate identification number (CIN) of Palak Infra Private Limited is U45200BR2008PTC014092 and the company number is 014092 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Palak Infra Private Limited is https://www.palakinfra.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Palak Infra Private Limited has risen by 68.37%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Palak Infra Private Limited has experienced an upsurge of 23.74%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Palak Infra Private Limited amount to ₹ 23.41 Cr.

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