Palak Investment Pvt Ltd

Founded in 1992 and headquartered in Maharashtra, India.

1992 | Mumbai, Maharashtra (India) | Active
Last Updated: December 05, 2024

Palak Investment Profile

Key Indicators

  • Authorised Capital ₹ 2.70 M
  • Paid Up Capital ₹ 2.60 M
  • Company Age 32 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 14.60%
  • Profit Growth -7.32%
  • Ebitda 168.13%
  • Net Worth 36.44%
  • Total Assets -52.66%

About Palak Investment

Palak Investment Pvt Ltd (PIPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 April 1992 and has a history of 32 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Service 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 2.70 M and a paid-up capital of Rs 2.60 M, as per Ministry of Corporate Affairs (MCA) records.

Pradeep Harsora, Hiral Harsora, and Anita Harsora 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

    U65990MH1992PTC066504

  • Company No.

    066504

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Apr 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Service

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

Board Members (3)

Name Designation Appointment Date Status
Pradeep Harsora Country flag representing In Director 13-May-1992 Current
Hiral Harsora Country flag representing In Director 03-Sep-2002 Current
Anita Harsora Country flag representing In Director 02-Nov-2015 Current

Financial Performance of Palak Investment.

Palak Investment Pvt Ltd, for the financial year ended 2017, experienced significant growth in revenue, with a 14.6% increase. The company also saw a slight decrease in profitability, with a 7.32% decrease in profit. The company's net worth Soared by an impressive increase of 36.44%.

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
14.60%
Revenue from Operations
Total Assets
-52.66%
Profit or Loss
-7.32%
Net Worth
36.44%
EBITDA
168.13%

What is the Ownership and Shareholding Structure of Palak Investment?

In 2017, Palak Investment 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 Investment?

Unlock and access historical data on people associated with Palak Investment, 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 Investment, 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 Investment'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 Investment

Recent activity within the organization

  • Annual General Meeting

    Palak Investment Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Palak Investment Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Anita Narottam Harsora was appointed as a Director was appointed as a Director on 02 Nov 2015 & has been associated with this company since 9 years 3 months .

    02 Nov 2015

  • Director Appointment

    Hiral Pradeep Harsora was appointed as a Director was appointed as a Director on 03 Sep 2002 & has been associated with this company since 22 years 5 months .

    03 Sep 2002

  • Director Appointment

    Pradeep Narottam Harsora was appointed as a Director was appointed as a Director on 13 May 1992 & has been associated with this company since 32 years 8 months .

    13 May 1992

  • Company Incorporation

    Palak Investment Pvt Ltd was registered on 24 Apr 1992 with Roc Mumbai & aged 32 years 9 months as per MCA records.

    24 Apr 1992

Frequently asked questions

  • Palak Investment Pvt Ltd was incorporated on 24 Apr 1992.

  • The authorized share capital of Palak Investment Pvt Ltd is ₹ 2.70 M and paid-up capital is ₹ 2.60 M.

  • Currently 3 directors are associated with Palak Investment Pvt Ltd.

    • Pradeep Narottam Harsora
    • Hiral Pradeep Harsora
    • Anita Narottam Harsora
  • As per Ministry of Corporate Affairs (Mca), the registered address of Palak Investment Pvt Ltd is 63/64 Tardeo Air Condition Market, Ground Floor Road India, Mumbai, Maharashtra, 400034.

  • The corporate identification number (CIN) of Palak Investment Pvt Ltd is U65990MH1992PTC066504 and the company number is 066504 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Palak Investment Pvt Ltd has risen by 14.60%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Palak Investment Pvt Ltd has experienced an upsurge of 36.44%.

  • The most recent Balance Sheet for Palak Investment Pvt Ltd was filed with the ROC on 31 Mar 2024.