Palco Profile
Key Indicators
- Authorised Capital ₹ 120.00 Cr
- Paid Up Capital ₹ 58.72 Cr
- Company Age 35 Year, 5 Months
- Last Filing with ROC 31 Mar 2020
- Satisfied Charges ₹ 161.32 Cr
- Revenue Growth %
- Profit Growth 24.16%
- Ebitda 24.16%
- Net Worth -14.17%
- Total Assets %
About Palco
Palco Limited (PL) is a Public Limited Indian Non-Government Company incorporated in India on 01 September 1989 and has a history of 35 years and five months. Its registered office is in Hyderabad, Telangana, India.
The Company is engaged in the Metals And Minerals Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 120.00 Cr and a paid-up capital of Rs 58.72 Cr.
The company has closed loans amounting to ₹161.32 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Palco Limited India is Bhuvaneswari Kovvuri as CFO. Bhuvaneswari Kovvuri, Venkata Kovvuri, and Srisaitejareddy Kovvuri serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
L27203TG1989PLC010409
- Company No.
010409
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
01 Sep 1989
- Date of AGM
30 Sep 2020
- Date of Balance Sheet
31 Mar 2020
- Listing Status
Listed
- ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Palco?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkata Kovvuri  | Managing Director | 30-Mar-2017 | Current |
| Bhuvaneswari Kovvuri | CFO | 28-Jun-2019 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Bhuvaneswari Kovvuri | Director and Cfo | 30-Mar-2017 | Current |
| Srisaitejareddy Kovvuri | Director | 10-Feb-2018 | Current |
Financial Performance of Palco.
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Palco?
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.
Related Corporates (Common Directorship)
Mufithumb It Solutions Private LimitedBhuvaneswari Kovvuri and Venkata Kovvuri are mutual person
Charges (Loans)
₹0
₹161.32 Cr
Charges Breakdown by Lending Institutions
- I.D.B.I. Bank Ltd. : 35.56 Cr
- Assets Reconstruction Company India Ltd : 28.25 Cr
- I.F.C.I. Ltd. : 14.31 Cr
- Indusind Bank Ltd. : 11.75 Cr
- State Bank Of India : 9.69 Cr
- Others : 61.77 Cr
Latest Charge Details
| 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 |
How Many Employees Work at Palco?
Unlock and access historical data on people associated with Palco, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Palco, 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 Palco'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
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