Palak Paper Mill Llp

Produces paper for packaging and decorative laminates with high capacity.

2017 | Rajkot, Gujarat (India) | Active
Last Updated:

Palak Paper Mill Llp Profile

Key Indicators

  • Obligation of Contribution ₹ 6.00 Cr
  • Company Age 7 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 66.90 Cr
  • Revenue Growth -11.74%
  • Profit Growth -50.46%
  • Ebitda 131.66%
  • Total Assets -3.60%

About Palak Paper Mill Llp

Palak Paper Mill Llp (PPML) is 7 Year, 4 Months old Limited Liability Partnership 12 October 2017. Its registered office is in Rajkot, Gujarat, India.

The LLP status is Active, and it has filed its Accounts and Solvency Statement up to 31 Mar 2023 (FY 2022-2023). It's Total Obligation of Contribution is Rs 6.00 Cr as per MCA.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN/FCRN

    AAK-8437

  • Incorporation Date

    12 Oct 2017

  • Date of Accounts and Solvency Statement

    31 Mar 2023

  • ROC Code

    Roc-Ahmedabad

  • Company Classification

    Limited Liability Partnership

Industry

Manufacturing

Who are the key members and board of directors at Palak Paper Mill Llp?

Designated Partners (6)

NameDesignationAppointment DateStatus
Aakashkumar Ghodasara Country flag representing In Designated Partner 04-Jun-2020Current
Ravi Chaniyara Country flag representing In Designated Partner 04-Jun-2020Current
Denish Marvaniya Country flag representing In Designated Partner 04-Jun-2020Current
Jill Bhalodiya Country flag representing In Designated Partner 04-Jun-2020Current
Rameshbhai Marvania Country flag representing In Designated Partner 04-Jun-2020Current
Chirag Marvaniya Country flag representing In Designated Partner 04-Jun-2020Current

Financial Performance of Palak Paper Mill Llp.

Palak Paper Mill Llp, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.74% decrease. The company also saw a substantial fall in profitability, with a 50.46% decrease in profit. The company's net worth witnessed no change by increase of 0%.

Palak Paper Mill Llp revenue growth over time
Palak Paper Mill Llp 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
-11.74%
Revenue from Operations
-11.71%
Total Assets
-3.60%
Profit or Loss
-50.46%
Net Worth
EBITDA
131.66%

What is the Ownership and Shareholding Structure of Palak Paper Mill Llp?

Unlock access to Palak Paper Mill Llp's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹66.90 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 66.90 Cr

Latest Charge Details

DateLenderAmountStatus
25 May 2018Hdfc Bank Limited₹33.45 CrOpen
23 May 2018Hdfc Bank Limited₹33.45 CrOpen

How Many Employees Work at Palak Paper Mill Llp?

Palak Paper Mill Llp has a workforce of 22 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.

Employee growth trends for Palak Paper Mill Llp

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palak Paper Mill Llp, 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 Paper Mill Llp'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 Paper Mill Llp

Recent activity within the organization

  • Statement of Assets & Liabilities

    Palak Paper Mill Llp has filed its annual Financial statements for the year ended 31 Mar 2023 with RoC-Ahmedabad.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 33.45 Cr registered on 23 May 2018 with Charge ID 100183626 was modified on 12 Oct 2020.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 33.45 Cr registered on 25 May 2018 with Charge ID 100184459 was modified on 28 Sep 2020.

  • Director Appointment

    Aakashkumar Manharbhai Ghodasara was appointed as a Designated Partner was appointed as a Designated Partner on 04 Jun 2020 & has been associated with this company since 4 years 9 months .

  • Director Appointment

    Ravi Damjibhai Chaniyara was appointed as a Designated Partner was appointed as a Designated Partner on 04 Jun 2020 & has been associated with this company since 4 years 9 months .

  • Director Appointment

    Denish Marvaniya was appointed as a Designated Partner was appointed as a Designated Partner on 04 Jun 2020 & has been associated with this company since 4 years 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of Palak Paper Mill Llp?

    Palak Paper Mill Llp was incorporated on 12 Oct 2017.

  • What is Obligation of Contribution of Palak Paper Mill Llp?

    The Obligation of Contribution of Palak Paper Mill Llp is ₹ 6.00 Cr.

  • Who are the current designated partners & partners of Palak Paper Mill Llp?

    Currently 6 partners are associated with Palak Paper Mill Llp.

    • Aakashkumar Manharbhai Ghodasara
    • Ravi Damjibhai Chaniyara
    • Denish Marvaniya
    • Jill Kiritbhai Bhalodiya
    • Rameshbhai Bhagwanjibhai Marvania
    • Chirag Rameshbhai Marvaniya
    Aakashkumar Manharbhai GhodasaraRavi Damjibhai ChaniyaraDenish MarvaniyaJill Kiritbhai BhalodiyaRameshbhai Bhagwanjibhai MarvaniaChirag Rameshbhai Marvaniya
  • What is the registered address of Palak Paper Mill Llp?

    As per Ministry of Corporate Affairs (Mca), the registered address of Palak Paper Mill Llp is S. No. 11P2/P1 Opp. Amreli Village Road Near Navlakhi Railway Crossing, Tal. D Ist. Morbi Na Gor Khijadiya, Rajkot, Gujarat, India, 363641.

  • What is the Limited Liability Partnership Identification Number (LLPIN) of Palak Paper Mill Llp?

    The Limited Liability Partnership Identification Number (LLPIN) of Palak Paper Mill Llp is AAK-8437.

  • What has been the recent revenue trend for Palak Paper Mill Llp?

    According to the financial reports for the fiscal year 2023, the revenue trend for Palak Paper Mill Llp has fallen by -11.74%.

  • How many employees does Palak Paper Mill Llp currently have?

    As Per 2023 financial reports, 22 employees are currently employed by Palak Paper Mill Llp.

  • What are the total open charges for Palak Paper Mill Llp?

    As per the financial statements for fiscal Year 2023, The total open charges for Palak Paper Mill Llp amount to ₹ 66.90 Cr.

  • When was the last Balance Sheet of Palak Paper Mill Llp filed with the ROC?

    The most recent Balance Sheet for Palak Paper Mill Llp was filed with the ROC on 31 Mar 2023.