Palak Jewellers Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 14-06-2024
- Paid Up Capital ₹ 1.23 Cr
as on 14-06-2024
- Company Age 18 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 65.00 Cr
as on 14-06-2024
- Satisfied Charges ₹ 30.00 Cr
as on 14-06-2024
- Revenue 26.30%
(FY 2023)
- Profit 19.20%
(FY 2023)
- Ebitda 16.32%
(FY 2023)
- Net Worth 24.09%
(FY 2023)
- Total Assets 13.03%
(FY 2023)
About Palak Jewellers
The Company is engaged in the Consumer Goods 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 1.23 Cr.
The company currently has active open charges totaling ₹65.00 Cr. The company has closed loans amounting to ₹30.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nilesh Daga and Shailesh Daga serve as directors at the Company.
- CIN/LLPIN
U36911MH2006PTC161390
- Company No.
161390
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Apr 2006
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Palak Jewellers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nilesh Daga  | Managing Director | 26-Apr-2006 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shailesh Daga | Whole-Time Director | 26-Apr-2006 | Current |
Financial Performance and Corporate Structure Insights of Palak Jewellers.
Palak Jewellers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.3% increase. The company also saw a substantial improvement in profitability, with a 19.2% increase in profit. The company's net worth Soared by an impressive increase of 24.09%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Palak Jewellers?
In 2023, Palak Jewellers had a promoter holding of 35.79% and a public holding of 64.20%. 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 |
|---|---|---|
Others Creation Date: 04 Jun 2013 | ₹65.00 Cr | Open |
Axis Bank Limited Creation Date: 30 Jan 2013 | ₹5.00 Cr | Satisfied |
Axis Bank Limited Creation Date: 17 Jul 2007 | ₹25.00 Cr | Satisfied |
How Many Employees Work at Palak Jewellers?
Palak Jewellers has a workforce of 3 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Palak Jewellers, 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 Jewellers'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.
