Palc Networks Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
as on 04-01-2025
- Paid Up Capital ₹ 2.57 Cr
as on 04-01-2025
- Company Age 8 Year, 3 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.22 Cr
as on 04-01-2025
- Satisfied Charges ₹ 2.62 M
as on 04-01-2025
- Revenue 27.70%
(FY 2023)
- Profit 29.55%
(FY 2023)
- Ebitda 54.34%
(FY 2023)
- Net Worth 58.25%
(FY 2023)
- Total Assets 59.56%
(FY 2023)
About Palc Networks
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 2.57 Cr.
The company currently has active open charges totaling ₹5.22 Cr. The company has closed loans amounting to ₹2.62 M, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Palc Networks Private Limited India is Kingston Smiler as CEO. Parul Agrawal and Kingston Smiler serve as directors at the Company.
- CIN/LLPIN
U72900KA2017PTC099203
- Company No.
099203
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Jan 2017
- Date of AGM
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Palc Networks?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kingston Smiler  | Managing Director | 29-Aug-2018 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Parul Agrawal | Whole-Time Director | 02-Aug-2022 | Current |
Financial Performance of Palc Networks.
Palc Networks Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.7% increase. The company also saw a substantial improvement in profitability, with a 29.55% increase in profit. The company's net worth Soared by an impressive increase of 58.25%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Palc Networks?
In 2023, Palc Networks had a promoter holding of 97.53% and a public holding of 2.47%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 07 Jan 2023 | ₹2.65 M | Open |
Others Creation Date: 24 Aug 2022 | ₹4.95 Cr | Open |
Others Creation Date: 09 Aug 2021 | ₹2.62 M | Satisfied |
How Many Employees Work at Palc Networks?
Palc Networks has a workforce of 108 employees as of Sep 30, 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 Palc Networks, 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 Palc Networks'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
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.
