Palakkandy Steels Private Limited

Steel trading and distribution company based in Kerala, established in 1996.

1996 | Palakkad, Kerala (India) | Active
Last Updated:

Palakkandy Steels Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 28 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.15 Cr
  • Satisfied Charges ₹ 2.51 Cr
  • Revenue Growth -11.99%
  • Profit Growth -52.08%
  • Ebitda -11.31%
  • Net Worth 4.41%
  • Total Assets 10.20%

About Palakkandy Steels

Palakkandy Steels Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 October 1996 and has a history of 28 years and four months. Its registered office is in Palakkad, Kerala, India.

The Company is engaged in the Metals And Minerals 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 1.50 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹10.15 Cr. The company has closed loans amounting to ₹2.51 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shoukath Charupadikkal, Pathummabi Kutty, Mujeeb Charupadikkal, and Two other members serve as directors at the Company.

Company Details

  • Location

    Palakkad, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27106KL1996PTC010823

  • Company No.

    010823

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Oct 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Metals and Minerals

Who are the key members and board of directors at Palakkandy Steels?

Executive Team (1)

NameDesignationAppointment DateStatus
Palakkandy Hafeesulla Country flag representing In Managing Director07-Oct-1996Current

Board Members (4)

NameDesignationAppointment DateStatus
Shoukath Charupadikkal Country flag representing In Director 17-Oct-1996Current
Pathummabi Kutty Country flag representing In Director 17-Oct-1996Current
Mujeeb Charupadikkal Country flag representing In Director 07-Oct-1996Current
Moideenkoya Palakandy Country flag representing In Director 07-Oct-1996Current

Financial Performance of Palakkandy Steels.

Palakkandy Steels Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 11.99% decrease. The company also saw a substantial fall in profitability, with a 52.08% decrease in profit. The company's net worth moved up by a moderate rise of 4.41%.

Palakkandy Steels revenue growth over time
Palakkandy Steels 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
-11.99%
Revenue from Operations
-12.02%
Total Assets
10.20%
Profit or Loss
-52.08%
Net Worth
4.41%
EBITDA
-11.31%

What is the Ownership and Shareholding Structure of Palakkandy Steels?

In 2022, Palakkandy Steels had a promoter holding of 10.70% and a public holding of 89.30%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.15 Cr

Satisfied Charges

₹2.51 Cr

Charges Breakdown by Lending Institutions

  • The South Indian Bank Limited : 9.77 Cr
  • Hdfc Bank Limited : 0.32 Cr
  • Ciricorp Finance (India) Ltd : 0.06 Cr

Latest Charge Details

DateLenderAmountStatus
27 May 2024Hdfc Bank Limited₹2.34 MOpen
23 May 2022Hdfc Bank Limited₹0.83 MOpen
18 Jun 2021The South Indian Bank Limited₹1.30 MOpen
20 Jun 2012The South Indian Bank Limited₹9.64 CrOpen
01 Jul 2003Ciricorp Finance (India) Ltd₹0.60 MOpen

How Many Employees Work at Palakkandy Steels?

Unlock and access historical data on people associated with Palakkandy Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Palakkandy Steels Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palakkandy Steels, 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 Palakkandy Steels'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 Palakkandy Steels

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 100941138 was registered on 27 May 2024.

  • Charges

    A charge registered on 20 Apr 2023 via Charge ID 100706524 with The South Indian Bank Limited was fully satisfied on 31 Jan 2024.

  • Charges

    A charge with The South Indian Bank Limited of Rs. 9.64 Cr registered on 20 Jun 2012 with Charge ID 10365462 was modified on 31 Jan 2024.

  • Annual General Meeting

    Palakkandy Steels Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 2.01 Cr with Charge ID 100706524 was registered on 20 Apr 2023.

  • Balance Sheet

    Palakkandy Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

Frequently asked questions

  • What is the Incorporation or founding date of Palakkandy Steels Private Limited?

    Palakkandy Steels Private Limited was incorporated on 07 Oct 1996.

  • What is authorized share capital and paid-up capital of Palakkandy Steels Private Limited?

    The authorized share capital of Palakkandy Steels Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.

  • Who are the current board members & directors of Palakkandy Steels Private Limited?

    Currently 5 directors are associated with Palakkandy Steels Private Limited.

    • Shoukath Ali Charupadikkal
    • Pathummabi Kunhu Moideen Kutty
    • Mujeeb Rahiman Charupadikkal
    • Palakkandy Hafeesulla
    • Moideenkoya Palakandy

  • What is the registered address of Palakkandy Steels Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Palakkandy Steels Private Limited is Smrithi Vi/706Pirivusala P O Chandra Nagar India, Palakkad, Kerala, 678007.

  • What is the corporate identification number (CIN) and company number of Palakkandy Steels Private Limited?

    The corporate identification number (CIN) of Palakkandy Steels Private Limited is U27106KL1996PTC010823 and the company number is 010823 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Palakkandy Steels Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Palakkandy Steels Private Limited has fallen by -11.99%.

  • What change has been observed in the net worth of Palakkandy Steels Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Palakkandy Steels Private Limited has experienced an upsurge of 4.41%.

  • What are the total open charges for Palakkandy Steels Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Palakkandy Steels Private Limited amount to ₹ 10.15 Cr.

  • When was the last Balance Sheet of Palakkandy Steels Private Limited filed with the ROC?

    The most recent Balance Sheet for Palakkandy Steels Private Limited was filed with the ROC on 31 Mar 2023.