Palak Tapes Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.02 M
- Company Age 24 Year, 8 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 eight 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
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Location
Ghaziabad, Uttar Pradesh, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U74950UP2000PTC057608
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Company No.
057608
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
15 May 2000
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Kanpur
Industry
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.
Who are the key members and board of directors at Palak Tapes?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sarabjit Singh
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Director | 15-May-2000 | Current |
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Balbir Singh
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Director | 15-May-2000 | Current |
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Beena Arora
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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%.
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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)
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Himani Realtors Private LimitedSarabjit Singh is a mutual person
Charges (Loans)
₹16.80 M
₹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.
