Palco Profile
Key Indicators
- Authorised Capital ₹ 120.00 Cr
as on 25-06-2024
- Paid Up Capital ₹ 58.72 Cr
as on 25-06-2024
- Company Age 35 Year, 3 Months
- Last Filing with ROC 31 Mar 2020
- Satisfied Charges ₹ 161.32 Cr
as on 25-06-2024
- Revenue %
(FY 2019)
- Profit 24.16%
(FY 2019)
- Ebitda 24.16%
(FY 2019)
- Net Worth -14.17%
(FY 2019)
- Total Assets %
(FY 2019)
About Palco
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. Srisaitejareddy Kovvuri, Venkata Kovvuri, and Bhuvaneswari Kovvuri serve as directors at the Company.
- 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
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Palco?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bhuvaneswari Kovvuri  | CFO | 28-Jun-2019 | Current |
| Venkata Kovvuri | Managing Director | 30-Mar-2017 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Srisaitejareddy Kovvuri | Director | 10-Feb-2018 | Current |
Financial Performance and Corporate Structure Insights 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 LimitedActive 9 years 6 monthsVenkata Kovvuri and Bhuvaneswari Kovvuri are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Indusind Bank Ltd. Creation Date: 10 Jan 1997 | ₹2.75 Cr | Satisfied |
The Industrial Finance Corp. India Ltd. Creation Date: 19 Feb 1996 | ₹3.50 Cr | Satisfied |
Indusind Bank Ltd. Creation Date: 21 Dec 1995 | ₹9.00 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
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.
