Palco Limited, a active public limited company, was established on 01 September 1989 in Hyderabad, Telangana, India. Engaging in metal manufacturing & processing within the metals and minerals sector, it holds CIN: L27203TG1989PLC010409. Registered under ROC Roc Hyderabad. it is listed. It has an authorized capital of ₹120.00 Cr and a paid-up capital of ₹58.72 Cr.
It upholds a compliant status. Its leadership includes Bhuvaneswari Kovvuri (Director), Venkata Reddy Kovvuri (Managing Director), Srisaitejareddy Kovvuri (Director). Past directors included Bhuvaneswari Kovvuri, Andi Srinivas Rao, Surekha Manepalli. It holds no open charges and ₹161.32 Cr settled loans. Its latest AGM occurred on 30 September 2020, with the balance sheet filed on 31 March 2020. It is based at H.No:6-3-1091/13-15, Flat No:101,1St Floor Amrutha Ville Apartments, Raj Bhavan Road, Somaj, Iguda, Hyderabad, Telangana, 500082.
L27203TG1989PLC010409
010409
01 September 1989
₹120.00 Cr
₹58.72 Cr
Roc Hyderabad
Listed
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Bhuvaneswari Kovvuri | Director | 30 Mar 2017 | Current |
| Venkata Reddy Kovvuri | Managing Director | 30 Mar 2017 | Current |
| Srisaitejareddy Kovvuri | Director | 10 Feb 2018 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Additional Director | 29 Sep 2017 | Past |
| Pramod Abcsdd | Additional Director | 09 Feb 2016 | Past |
| Pramod Abcsdd | Additional Director | 12 Dec 2015 | Past |
| Pramod Abcsdd | Additional Director | 31 Aug 2012 | Past |
| Pramod Abcsdd | Director | 05 Oct 2012 | Past |
| Pramod Abcsdd | Company Secretary | - | Past |
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Palco Limited, for the financial year ended 2019, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 24.16% increase in profit. The company's net worth observed a substantial decline by a decrease of 14.17%.
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In 2019, Palco had a promoter holding of 2.15% and a public holding of 97.85%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹0
₹1,613,204,472.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jan 1997 | Indusind Bank Ltd. | ₹2.75 Cr | Satisfied |
| 19 Feb 1996 | The Industrial Finance Corp. India Ltd. | ₹3.50 Cr | Satisfied |
| 21 Dec 1995 | Indusind Bank Ltd. | ₹9.00 Cr | Satisfied |
| 28 Sep 1995 | I.D.B.I. Bank Ltd. | ₹8.00 Cr | Satisfied |
| 16 Jul 1994 | Canara Bank | ₹6.44 Cr | Satisfied |
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The activity Palco Limited last Annual general meeting of members was held on 30 Sep 2020 as per latest MCA records. was completed.
Palco Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Hyderabad. was recorded as a recent event.
Srisaitejareddy Kovvuri was appointed as a Director was appointed as a Director on 10 Feb 2018 & has been associated with this company since 7 years 10 months . was recorded as a recent event.
Kovvuri Bhuvaneswari was appointed as a Cfo was appointed as a Cfo on 29 Sep 2017 & has been associated with this company since 8 years 2 months . was recorded as a recent event.
Progress on Bhuvaneswari Kovvuri was appointed as a Director was appointed as a Director on 30 Mar 2017 & has been associated with this company since 8 years 8 months . was documented.
Venkata Reddy Kovvuri was appointed as a Managing Director was appointed as a Managing Director on 30 Mar 2017 & has been associated with this company since 8 years 8 months . was recorded as a recent event.
The CIN of Palco Limited is L27203TG1989PLC010409.
Palco Limited is headquartered at H.No:6-3-1091/13-15, Flat No:101,1St Floor Amrutha Ville Apartments, Raj Bhavan Road, Somaj, Iguda, Hyderabad, Telangana, 500082.
Palco Limited was incorporated on 01 September 1989.
The current directors of Palco Limited are
The primary industry of Palco Limited is Metals And Minerals.
Palco Limited is listed.
The authorized capital of Palco Limited is ₹120.00 Cr, and the paid-up capital is ₹58.72 Cr.
The compliance status of Palco Limited is Compliant.
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