Palc Networks Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.57 Cr
- Company Age 8 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.22 Cr
- Satisfied Charges ₹ 2.62 M
- Revenue Growth 27.70%
- Profit Growth 29.55%
- Ebitda 54.34%
- Net Worth 58.25%
- Total Assets 59.56%
About Palc Networks
Palc Networks Private Limited (PNPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 16 January 2017 (Eight years and two months 17 days old ). Its registered office is in Bangaluru, Karnataka, India.
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.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Information Technology
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
- Ratios
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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)
Open Charges
₹5.22 Cr
Satisfied Charges
₹0.26 Cr
Charges Breakdown by Lending Institutions
- Others : 5.22 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Jan 2023 | Others | ₹2.65 M | Open |
| 24 Aug 2022 | Others | ₹4.95 Cr | Open |
| 09 Aug 2021 | Others | ₹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.
Latest Updates, News, and FAQs on Palc Networks
Recent activity within the organization
- Annual General Meeting
Palc Networks Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
- Charges
A charge with Others of Rs. 4.95 Cr registered on 24 Aug 2022 with Charge ID 100606222 was modified on 22 May 2024.
- Balance Sheet
Palc Networks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge registered on 09 Aug 2021 via Charge ID 100469316 with Others was fully satisfied on 27 Mar 2023.
- Charges
A charge with Others amounted to Rs. 0.27 Cr with Charge ID 100671168 was registered on 07 Jan 2023.
- Charges
A charge with Others amounted to Rs. 4.95 Cr with Charge ID 100606222 was registered on 24 Aug 2022.
Frequently asked questions
What is the Incorporation or founding date of Palc Networks Private Limited?
Palc Networks Private Limited was incorporated on 16 Jan 2017.
What is authorized share capital and paid-up capital of Palc Networks Private Limited?
The authorized share capital of Palc Networks Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.57 Cr.
Who are the current board members & directors of Palc Networks Private Limited?
Currently 3 directors are associated with Palc Networks Private Limited.
- Parul Agrawal
- Kingston Smiler
- Kingston Smiler
What is the registered address of Palc Networks Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Palc Networks Private Limited is Unit No.8 5Th Floor Navigator Building Itpb, Whitefield India, Bangalore, Karnataka, 560066.
What is the corporate identification number (CIN) and company number of Palc Networks Private Limited?
The corporate identification number (CIN) of Palc Networks Private Limited is U72900KA2017PTC099203 and the company number is 099203 as per Ministry of Corporate Affairs (MCA).
What is the official website of Palc Networks Private Limited?
The Official website of Palc Networks Private Limited is https://www.palcnetworks.com
What has been the recent revenue trend for Palc Networks Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Palc Networks Private Limited has risen by 27.70%.
How many employees does Palc Networks Private Limited currently have?
As Per 2023 financial reports, 108 employees are currently employed by Palc Networks Private Limited.
What change has been observed in the net worth of Palc Networks Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Palc Networks Private Limited has experienced an upsurge of 58.25%.
What are the total open charges for Palc Networks Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Palc Networks Private Limited amount to ₹ 5.22 Cr.
When was the last Balance Sheet of Palc Networks Private Limited filed with the ROC?
The most recent Balance Sheet for Palc Networks Private Limited was filed with the ROC on 31 Mar 2024.
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