Palak Tapes Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.02 M
- Company Age 24 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.68 Cr
- Satisfied Charges ₹ 2.37 Cr
- Revenue Growth -0.42%
- Profit Growth 23.57%
- Ebitda 0.66%
- Net Worth 12.09%
- Total Assets -13.71%
About Palak Tapes
Palak Tapes Private Limited (PTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 May 2000 and has a history of 24 years and 11 months. Its registered office is in Ghaziabad, Uttar Pradesh, India.
The Company is engaged in the Packaging 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 2.50 M and a paid-up capital of Rs 2.02 M.
The company currently has active open charges totaling ₹1.68 Cr. The company has closed loans amounting to ₹2.37 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sarabjit Singh, Balbir Singh, and Beena Arora serve as directors at the Company.
Company Details
- Location
Ghaziabad, Uttar Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74950UP2000PTC057608
- Company No.
057608
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 May 2000
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
Packaging
What products or services does Palak Tapes Private Limited offer?
Palak Tapes Private Limited offers a wide range of products and services, including PVC Film, Stretch Film, Stationery Tape, Masking Tapes, BOPP Tapes, Decorative Tape, Colour Tapes, Double Sided Tape, Transparent Tapes, Sealing Tape.
Palak Tapes Private Limited
Explore comprehensive data for Palak Tapes Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Palak Tapes?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sarabjit Singh  | Director | 15-May-2000 | Current |
| Balbir Singh | Director | 15-May-2000 | Current |
| Beena Arora | Director | 28-Jul-2014 | Current |
Financial Performance of Palak Tapes.
Palak Tapes Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.42% decrease. The company also saw a substantial improvement in profitability, with a 23.57% increase in profit. The company's net worth Soared by an impressive increase of 12.09%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Palak Tapes?
In 2023, Palak Tapes had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Himani Realtors Private LimitedSarabjit Singh is a mutual person
Charges (Loans)
Open Charges
₹16.80 M
Satisfied Charges
₹23.73 M
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 1.68 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jun 2020 | Standard Chartered Bank | ₹1.65 M | Open |
| 30 Jun 2017 | Standard Chartered Bank | ₹1.52 Cr | Open |
| 09 Jan 2019 | Yes Bank Limited | ₹1.00 Cr | Satisfied |
| 02 Aug 2013 | Corporation Bank | ₹0.55 M | Satisfied |
| 06 Jan 2007 | Corporation Bank | ₹9.38 M | Satisfied |
How Many Employees Work at Palak Tapes?
Palak Tapes has a workforce of 20 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Palak Tapes, 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 Tapes'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.
Latest Updates, News, and FAQs on Palak Tapes
Recent activity within the organization
- Annual General Meeting
Palak Tapes Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Palak Tapes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
- Charges
A charge with Standard Chartered Bank amounted to Rs. 1.65 M with Charge ID 100362503 was registered on 19 Jun 2020.
- Charges
A charge registered on 09 Jan 2019 via Charge ID 100253959 with Yes Bank Limited was fully satisfied on 18 May 2020.
- Charges
A charge with Yes Bank Limited of Rs. 10.00 M registered on 09 Jan 2019 with Charge ID 100253959 was modified on 05 Feb 2019.
- Charges
A charge with Yes Bank Limited amounted to Rs. 10.00 M with Charge ID 100253959 was registered on 09 Jan 2019.
Frequently asked questions
What is the Incorporation or founding date of Palak Tapes Private Limited?
Palak Tapes Private Limited was incorporated on 15 May 2000.
What is authorized share capital and paid-up capital of Palak Tapes Private Limited?
The authorized share capital of Palak Tapes Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.02 M.
Who are the current board members & directors of Palak Tapes Private Limited?
Currently 3 directors are associated with Palak Tapes Private Limited.
- Sarabjit Singh
- Balbir Singh
- Beena Arora
What is the registered address of Palak Tapes Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Palak Tapes Private Limited is D- 134 Sector-61 India, Noida, Uttar Pradesh, 201301.
What is the corporate identification number (CIN) and company number of Palak Tapes Private Limited?
The corporate identification number (CIN) of Palak Tapes Private Limited is U74950UP2000PTC057608 and the company number is 057608 as per Ministry of Corporate Affairs (MCA).
What is the official website of Palak Tapes Private Limited?
The Official website of Palak Tapes Private Limited is https://www.palaktapes.com
What has been the recent revenue trend for Palak Tapes Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Palak Tapes Private Limited has fallen by -0.42%.
How many employees does Palak Tapes Private Limited currently have?
As Per 2023 financial reports, 20 employees are currently employed by Palak Tapes Private Limited.
What change has been observed in the net worth of Palak Tapes Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Palak Tapes Private Limited has experienced an upsurge of 12.09%.
What are the total open charges for Palak Tapes Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Palak Tapes Private Limited amount to ₹ 1.68 Cr.
When was the last Balance Sheet of Palak Tapes Private Limited filed with the ROC?
The most recent Balance Sheet for Palak Tapes Private Limited was filed with the ROC on 31 Mar 2024.
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