Palashbari Tea Co Ltd

A company involved in tea plantation, production, and trading of various agricultural products.

1914 | Jalpaiguri, West Bengal (India) | Active
Last Updated:

Palashbari Tea Co Profile

Key Indicators

  • Authorised Capital ₹ 3.60 Cr
  • Paid Up Capital ₹ 8.40 M
  • Company Age 111 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.14 Cr
  • Revenue Growth -4.97%
  • Profit Growth -213.70%
  • Ebitda -102.18%
  • Net Worth -65.07%
  • Total Assets 8.24%

About Palashbari Tea Co

Palashbari Tea Co Ltd (PTCL) was founded in India on 23 February 1914 and has a glorious history of 111 years and one month. Its registered office is in Jalpaiguri, West Bengal, India.

The Company is engaged in the Agriculture 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 3.60 Cr and a paid-up capital of Rs 8.40 M.

The company currently has active open charges totaling ₹2.14 Cr.

Shantanu Saharia, Manoj Dhawan, Mrinal Paul, and Three other members serve as directors at the Company.

Company Details

  • Location

    Jalpaiguri, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U01122WB1914PLC002497

  • Company No.

    002497

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Feb 1914

  • Date of AGM

    14 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Agriculture
Company report

Palashbari Tea Co Ltd

Explore comprehensive data for Palashbari Tea Co Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Palashbari Tea Co?

Board Members (6)

NameDesignationAppointment DateStatus
Shantanu Saharia Country flag representing In Director 29-Jun-2020Current
Manoj Dhawan Country flag representing In Director 17-Jan-2005Current
Mrinal Paul Country flag representing In Director 22-Sep-2000Current
Raghunath Kandoi Country flag representing In Director 19-Nov-2007Current
Nirmala Saharia Country flag representing In Director 18-Feb-2021Current
Shree Saharia Country flag representing In Director 21-Jun-2012Current

Financial Performance of Palashbari Tea Co.

Palashbari Tea Co Ltd, for the financial year ended 2022, experienced Minor drop in revenue, with a 4.97% decrease. The company also saw a substantial fall in profitability, with a 213.7% decrease in profit. The company's net worth observed a substantial decline by a decrease of 65.07%.

Palashbari Tea Co revenue growth over time
Palashbari Tea Co 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
-4.97%
Revenue from Operations
-4.96%
Total Assets
8.24%
Profit or Loss
-213.70%
Net Worth
-65.07%
EBITDA
-102.18%

What is the Ownership and Shareholding Structure of Palashbari Tea Co?

In 2022, Palashbari Tea Co had a promoter holding of 0.07% and a public holding of 99.92%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.14 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.23 Cr
  • Indian Bank : 0.91 Cr

Latest Charge Details

DateLenderAmountStatus
31 Oct 2023Hdfc Bank Limited₹1.00 MOpen
10 Nov 2021Indian Bank₹9.10 MOpen
06 Jan 2021Hdfc Bank Limited₹0.80 MOpen
09 Sep 2014Hdfc Bank Limited₹1.05 CrOpen

How Many Employees Work at Palashbari Tea Co?

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

Employee growth trends for Palashbari Tea Co Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palashbari Tea Co, 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 Palashbari Tea Co'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 Palashbari Tea Co

Recent activity within the organization

  • Annual General Meeting

    Palashbari Tea Co Ltd last Annual general meeting of members was held on 14 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Palashbari Tea Co Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100845869 was registered on 31 Oct 2023.

  • Charges

    A charge with Indian Bank amounted to Rs. 0.91 Cr with Charge ID 100496634 was registered on 10 Nov 2021.

  • Director Appointment

    Nirmala Saharia was appointed as a Director was appointed as a Director on 18 Feb 2021 & has been associated with this company since 4 years 1 month .

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100439324 was registered on 06 Jan 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Palashbari Tea Co Ltd?

    Palashbari Tea Co Ltd was incorporated on 23 Feb 1914.

  • What is authorized share capital and paid-up capital of Palashbari Tea Co Ltd?

    The authorized share capital of Palashbari Tea Co Ltd is ₹ 3.60 Cr and paid-up capital is ₹ 8.40 M.

  • Who are the current board members & directors of Palashbari Tea Co Ltd?

    Currently 6 directors are associated with Palashbari Tea Co Ltd.

    • Shantanu Saharia
    • Manoj Dhawan
    • Mrinal Kanti Paul
    • Raghunath Prasad Kandoi
    • Nirmala Saharia
    • Shree Prakash Saharia

  • What is the registered address of Palashbari Tea Co Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Palashbari Tea Co Ltd is Palashbari Tea Garden India, Banarhat, West Bengal, 735202.

  • What is the corporate identification number (CIN) and company number of Palashbari Tea Co Ltd?

    The corporate identification number (CIN) of Palashbari Tea Co Ltd is U01122WB1914PLC002497 and the company number is 002497 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Palashbari Tea Co Ltd?

    According to the financial reports for the fiscal year 2022, the revenue trend for Palashbari Tea Co Ltd has fallen by -4.97%.

  • What change has been observed in the net worth of Palashbari Tea Co Ltd, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Palashbari Tea Co Ltd has experienced an downturn of -65.07%.

  • What are the total open charges for Palashbari Tea Co Ltd?

    As per the financial statements for fiscal Year 2022, The total open charges for Palashbari Tea Co Ltd amount to ₹ 2.14 Cr.

  • When was the last Balance Sheet of Palashbari Tea Co Ltd filed with the ROC?

    The most recent Balance Sheet for Palashbari Tea Co Ltd was filed with the ROC on 31 Mar 2024.

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