Palatino Automotive Systems Private Limited

Produces and sells electric vehicles and auto parts.

2004 | Delhi (India) | Active
Last Updated: December 08, 2024

Palatino Automotive Systems Profile

Key Indicators

  • Authorised Capital ₹ 4.50 Cr
  • Paid Up Capital ₹ 4.50 Cr
  • Company Age 20 Year, 9 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 3.69 Cr
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth 1534547.27%
  • Profit Growth 2290.65%
  • Ebitda 3137.12%
  • Net Worth 2273.54%
  • Total Assets 197.36%

About Palatino Automotive Systems

Palatino Automotive Systems Private Limited (PASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 April 2004 and has a history of 20 years and nine months. Its registered office is in Delhi, India.

The Corporate was formerly known as Dev Bhoomi Organics Private Limited. The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 4.50 Cr and a paid-up capital of Rs 4.50 Cr.

The company currently has active open charges totaling ₹3.69 Cr. The company has closed loans amounting to ₹1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nidhi Goyal and Gaurav Goyal serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34200DL2004PTC125768

  • Company No.

    125768

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Apr 2004

  • Date of AGM

    29 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

What products or services does Palatino Automotive Systems Private Limited offer?

Palatino Automotive Systems Private Limited offers a wide range of products and services, including Diamonds & Diamond Jewels, Diamond.

Who are the key members and board of directors at Palatino Automotive Systems?

Board Members (2)

Name Designation Appointment Date Status
Nidhi Goyal Country flag representing In Director 10-Jan-2020 Current
Gaurav Goyal Country flag representing In Director 10-Jan-2020 Current

Financial Performance of Palatino Automotive Systems.

Palatino Automotive Systems Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 1534547.27% increase. The company also saw a substantial improvement in profitability, with a 2290.65% increase in profit. The company's net worth Soared by an impressive increase of 2273.54%.

Graph illustrating revenue growth over time
Graph showing 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
1534547.27%
Revenue from Operations
Total Assets
197.36%
Profit or Loss
2290.65%
Net Worth
2273.54%
EBITDA
3137.12%

What is the Ownership and Shareholding Structure of Palatino Automotive Systems?

In 2021, Palatino Automotive Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.69 Cr

Satisfied Charges

₹1.00 Cr

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 3.69 Cr

Latest Charge Details

Date Lender Amount Status
31 Jan 2023 Karnataka Bank Ltd. ₹5.00 M Open
11 Apr 2022 Karnataka Bank Ltd. ₹3.19 Cr Open
24 Oct 2013 Bank Of India ₹1.00 Cr Satisfied

How Many Employees Work at Palatino Automotive Systems?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palatino Automotive Systems, 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 Palatino Automotive Systems'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 Palatino Automotive Systems

Recent activity within the organization

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 0.50 Cr with Charge ID 100678743 was registered on 31 Jan 2023.

    31 Jan 2023

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 3.19 Cr with Charge ID 100564629 was registered on 11 Apr 2022.

    11 Apr 2022

  • Charges

    A charge registered on 24 Oct 2013 via Charge ID 10456721 with Bank Of India was fully satisfied on 06 Jan 2022.

    06 Jan 2022

  • Annual General Meeting

    Palatino Automotive Systems Private Limited last Annual general meeting of members was held on 29 Nov 2021 as per latest MCA records.

    29 Nov 2021

  • Balance Sheet

    Palatino Automotive Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Delhi.

    31 Mar 2021

  • Director Appointment

    Nidhi Goyal was appointed as a Director was appointed as a Director on 10 Jan 2020 & has been associated with this company since 5 years 24 days .

    10 Jan 2020

Frequently asked questions

  • Palatino Automotive Systems Private Limited was incorporated on 12 Apr 2004.

  • The authorized share capital of Palatino Automotive Systems Private Limited is ₹ 4.50 Cr and paid-up capital is ₹ 4.50 Cr.

  • Currently 2 directors are associated with Palatino Automotive Systems Private Limited.

    • Nidhi Goyal
    • Gaurav Goyal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Palatino Automotive Systems Private Limited is Plot No. 636 Block C, Narela Industrial Complex India, Delhi, 110040.

  • The corporate identification number (CIN) of Palatino Automotive Systems Private Limited is U34200DL2004PTC125768 and the company number is 125768 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Palatino Automotive Systems Private Limited is https://www.palatino.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Palatino Automotive Systems Private Limited has risen by 1534547.27%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Palatino Automotive Systems Private Limited has experienced an upsurge of 2273.54%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Palatino Automotive Systems Private Limited amount to ₹ 3.69 Cr.

  • The most recent Balance Sheet for Palatino Automotive Systems Private Limited was filed with the ROC on 31 Mar 2021.

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