Palas Software Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.26 Cr
- Company Age 40 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.36 Cr
- Satisfied Charges ₹ 0.45 M
- Revenue Growth 40.72%
- Profit Growth 85.68%
- Ebitda 105.69%
- Net Worth -23.39%
- Total Assets 7.45%
About Palas Software
Palas Software Private Limited (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 December 1984 and has a history of 40 years and two months. Its registered office is in Delhi, India.
The Corporate was formerly known as Palas Associates Private Limited. The Company is engaged in the Information Technology 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 3.00 Cr and a paid-up capital of Rs 2.26 Cr.
The company currently has active open charges totaling ₹2.36 Cr. The company has closed loans amounting to ₹0.45 M, as per Ministry of Corporate Affairs (MCA) records.
Rajiv Srivastava, Ritin Srivastava, and Sita Srivastava serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74899DL1984PTC019511
- Company No.
019511
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Dec 1984
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
What products or services does Palas Software Private Limited offer?
Palas Software Private Limited offers a wide range of products and services, including Office Automation Products & Devices, Scanner, Laptops, PC, Mainframes & Computers, Computer Systems, Computer Hardware & Peripherals, Industrial Monitor, Electric Circuit Components & Spares, Touchscreen, Biometrics & Access Control Devices, Billing Machines.
Who are the key members and board of directors at Palas Software?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajiv Srivastava  | Managing Director | 06-Dec-1984 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ritin Srivastava | Director | 01-Apr-2009 | Current |
| Sita Srivastava | Director | 08-Feb-1993 | Current |
Financial Performance of Palas Software.
Palas Software Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 40.72% increase. The company also saw a substantial improvement in profitability, with a 85.68% increase in profit. The company's net worth observed a substantial decline by a decrease of 23.39%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Palas Software?
In 2021, Palas Software had a promoter holding of 98.97% and a public holding of 1.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Palas Retail Automation Private LimitedRajiv Srivastava and Ritin Srivastava are mutual person
Charges (Loans)
₹2.36 Cr
₹0.05 Cr
Charges Breakdown by Lending Institutions
- Bank Of India : 2.36 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Aug 2020 | Bank Of India | ₹3.60 M | Open |
| 04 May 2007 | Bank Of India | ₹2.00 Cr | Open |
| 15 Jun 1990 | Bank Of India | ₹0.16 M | Satisfied |
| 28 Aug 1988 | Bank Of India | ₹0.14 M | Satisfied |
| 12 Jul 1985 | Bank Of India | ₹0.15 M | Satisfied |
How Many Employees Work at Palas Software?
Palas Software has a workforce of 3 employees as of Apr 06, 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 Palas Software, 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 Palas Software'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
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