Palazhy Latex Pvt Ltd

Produces centrifuged latex and rubber products.

1994 | Kottayam, Kerala (India) | Active
Last Updated:

Palazhy Latex Profile

Key Indicators

  • Authorised Capital ₹ 9.00 M
  • Paid Up Capital ₹ 8.50 M
  • Company Age 30 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.67 Cr
  • Satisfied Charges ₹ 1.70 Cr
  • Revenue Growth -32.02%
  • Profit Growth -56.36%
  • Ebitda 0.38%
  • Net Worth 0.52%
  • Total Assets 9.46%

About Palazhy Latex

Palazhy Latex Pvt Ltd (PLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 June 1994 and has a history of 30 years and nine months. Its registered office is in Kottayam, Kerala, India.

The Company is engaged in the Manufacturing 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 9.00 M and a paid-up capital of Rs 8.50 M.

The company currently has active open charges totaling ₹1.67 Cr. The company has closed loans amounting to ₹1.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

Joseph Joseph, Joseph Antony, Valsamma Augustine, and Four other members serve as directors at the Company.

Company Details

  • Location

    Kottayam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25199KL1994PTC007959

  • Company No.

    007959

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Jun 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Manufacturing

Who are the key members and board of directors at Palazhy Latex?

Executive Team (1)

NameDesignationAppointment DateStatus
Sheelamma Antony Country flag representing In Managing Director28-Sep-1994Current

Board Members (6)

NameDesignationAppointment DateStatus
Joseph Joseph Country flag representing In Director 23-Dec-2010Current
Joseph Antony Country flag representing In Director 29-Sep-2008Current
Valsamma Augustine Country flag representing In Director 28-Jan-1995Current
Lissamma Sebastian Country flag representing In Director 25-Sep-1996Current
Kurian Scaria Country flag representing In Director 29-Sep-2005Current
Mathew Augustine Country flag representing In Director 29-Sep-2001Current

Financial Performance of Palazhy Latex.

Palazhy Latex Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 32.02% decrease. The company also saw a substantial fall in profitability, with a 56.36% decrease in profit. The company's net worth moved up by a moderate rise of 0.52%.

Palazhy Latex revenue growth over time
Palazhy Latex 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
-32.02%
Revenue from Operations
-32.02%
Total Assets
9.46%
Profit or Loss
-56.36%
Net Worth
0.52%
EBITDA
0.38%

What is the Ownership and Shareholding Structure of Palazhy Latex?

In 2023, Palazhy Latex 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

₹16.65 M

Satisfied Charges

₹17.00 M

Charges Breakdown by Lending Institutions

  • Others : 1.67 Cr

Latest Charge Details

DateLenderAmountStatus
14 Feb 2020Others₹1.65 MOpen
31 Jul 2017Others₹1.50 CrOpen
12 Mar 2005State Bank Of Travancore₹1.70 CrSatisfied

How Many Employees Work at Palazhy Latex?

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

Employee growth trends for Palazhy Latex Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palazhy Latex, 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 Palazhy Latex'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 Palazhy Latex

Recent activity within the organization

  • Annual General Meeting

    Palazhy Latex Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Palazhy Latex Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

  • Charges

    A charge with Others amounted to Rs. 1.65 M with Charge ID 100334629 was registered on 14 Feb 2020.

  • Charges

    A charge registered on 12 Mar 2005 via Charge ID 90020510 with State Bank Of Travancore was fully satisfied on 25 Aug 2017.

  • Charges

    A charge with Others amounted to Rs. 15.00 M with Charge ID 100118695 was registered on 31 Jul 2017.

  • Charges

    A charge with State Bank Of Travancore of Rs. 17.00 M registered on 12 Mar 2005 with Charge ID 90020510 was modified on 23 Feb 2012.

Frequently asked questions

  • What is the Incorporation or founding date of Palazhy Latex Pvt Ltd?

    Palazhy Latex Pvt Ltd was incorporated on 06 Jun 1994.

  • What is authorized share capital and paid-up capital of Palazhy Latex Pvt Ltd?

    The authorized share capital of Palazhy Latex Pvt Ltd is ₹ 9.00 M and paid-up capital is ₹ 8.50 M.

  • Who are the current board members & directors of Palazhy Latex Pvt Ltd?

    Currently 7 directors are associated with Palazhy Latex Pvt Ltd.

    • Joseph Mundathanathu Joseph
    • Joseph Machianickal Antony
    • Valsamma Augustine
    • Lissamma Sebastian
    • Kurian Andookunnel Scaria
    • Mathew Kuriath Augustine
    • Sheelamma Antony

  • What is the registered address of Palazhy Latex Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Palazhy Latex Pvt Ltd is Xvi/296 Vypana Buildingpetta Road Palai, Kottayam, Kerala, India, 686575.

  • What is the corporate identification number (CIN) and company number of Palazhy Latex Pvt Ltd?

    The corporate identification number (CIN) of Palazhy Latex Pvt Ltd is U25199KL1994PTC007959 and the company number is 007959 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Palazhy Latex Pvt Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Palazhy Latex Pvt Ltd has fallen by -32.02%.

  • What change has been observed in the net worth of Palazhy Latex Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Palazhy Latex Pvt Ltd has experienced an upsurge of 0.52%.

  • What are the total open charges for Palazhy Latex Pvt Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Palazhy Latex Pvt Ltd amount to ₹ 1.67 Cr.

  • When was the last Balance Sheet of Palazhy Latex Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Palazhy Latex Pvt Ltd was filed with the ROC on 31 Mar 2023.

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