Palco Metals Limited

Produces aluminum products, including deoxidents, wire rods, conductors, and cables.

1960 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Palco Metals Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 64 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 20.50 Cr
  • Satisfied Charges ₹ 88.48 Cr
  • Revenue Growth -74.44%
  • Profit Growth 61.90%
  • Ebitda 18.44%
  • Net Worth 0.26%
  • Total Assets -0.47%

About Palco Metals

Palco Metals Limited (PML) was founded in India on 21 November 1960 and has a glorious history of 64 years and three months.Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 539121.

The Corporate was formerly known as Premier Diecasting & Engineering Company Ltd. 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 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 4.00 Cr.

The company currently has active open charges totaling ₹20.50 Cr. The company has closed loans amounting to ₹88.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Palco Metals Limited India are Mukeshkumar Tiwari as COMPANY SECRETARY and Badal Naredi as Cfo. Gauravkumar Jani, Meenu Maheshwari, Naman Naredi, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L27310GJ1960PLC000998

  • Company No.

    000998

  • Stock Symbol

    BSE : 539121

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Nov 1960

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

What products or services does Palco Metals Limited offer?

Palco Metals Limited offers a wide range of products and services, including Steel Rods, Wire Rods, Electrical Conductors, Aluminium Alloy Conductors, Metal and Alloy Wires, Wires, Electric Cable, Power Cable, High Voltage Cables, XLPE Cable.

Company report

Palco Metals Limited

Explore comprehensive data for Palco Metals Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Palco Metals?

Executive Team (3)

NameDesignationAppointment DateStatus
Mukeshkumar Tiwari Country flag representing In Company Secretary10-Aug-2016Current
Badal Naredi Country flag representing In CFO09-Jun-2015Current
Kirankumar Agrawal Country flag representing In Managing Director17-Aug-1996Current

Board Members (3)

NameDesignationAppointment DateStatus
Naman Naredi Country flag representing In Director 05-Jul-2024Current
Gauravkumar Jani Country flag representing In Director 05-Sep-2022Current
Meenu Maheshwari Country flag representing In Director 23-Sep-2024Current

Financial Performance of Palco Metals.

Palco Metals Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 74.44% decrease. The company also saw a substantial improvement in profitability, with a 61.9% increase in profit. The company's net worth moved up by a moderate rise of 0.26%.

Palco Metals revenue growth over time
Palco Metals profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-74.44%
Revenue from Operations
-86.87%
Total Assets
-0.47%
Profit or Loss
61.90%
Net Worth
0.26%
EBITDA
18.44%

What is the Ownership and Shareholding Structure of Palco Metals?

In 2022, Palco Metals had a promoter holding of 68.17% and a public holding of 31.83%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.50 Cr

Satisfied Charges

₹88.48 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 20.00 Cr
  • The Textile Traders Co-Operative Bank Ltd. : 0.30 Cr
  • Bank Of Baroda : 0.10 Cr
  • Textile Traders Co-Operative Bank Ltd. : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
24 Feb 2009State Bank Of India₹20.00 CrOpen
07 Jan 1996The Textile Traders Co-Operative Bank Ltd.₹3.00 MOpen
24 Dec 1995Textile Traders Co-Operative Bank Ltd.₹1.00 MOpen
20 Jul 1994Bank Of Baroda₹0.60 MOpen
16 Mar 1991Bank Of Baroda₹0.40 MOpen

How Many Employees Work at Palco Metals?

Unlock and access historical data on people associated with Palco Metals, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Palco Metals Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palco Metals, 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 Metals's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Palco Metals

Recent activity within the organization

  • Annual General Meeting

    Palco Metals Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Meenu Maheshwari was appointed as a Director was appointed as a Director on 23 Sep 2024 & has been associated with this company since 5 months 24 days .

  • Director Appointment

    Naman Naredi was appointed as a Director was appointed as a Director on 05 Jul 2024 & has been associated with this company since 8 months 12 days .

  • Balance Sheet

    Palco Metals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 11 Dec 1998 via Charge ID 90096574 with State Bank Of Saurashtra was fully satisfied on 01 Jun 2017.

  • Charges

    A charge registered on 13 Mar 1997 via Charge ID 90098564 with State Bank Of Saurashtra was fully satisfied on 01 Jun 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Palco Metals Limited?

    Palco Metals Limited was incorporated on 21 Nov 1960.

  • What is authorized share capital and paid-up capital of Palco Metals Limited?

    The authorized share capital of Palco Metals Limited is ₹ 10.00 Cr and paid-up capital is ₹ 4.00 Cr.

  • Who are the current board members & directors of Palco Metals Limited?

    Currently 6 directors are associated with Palco Metals Limited.

    • Mukeshkumar Rammurti Tiwari
    • Badal Naredi
    • Gauravkumar Pushkarrai Jani
    • Meenu Maheshwari
    • Naman Naredi
    • Kirankumar Babulal Agrawal

  • What is the registered address of Palco Metals Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Palco Metals Limited is 1715 Saiprasad Industrial Park-Ii Besides Ramol Police Station Ctm-Ramol Road, India, Ahmedabad, Gujarat, 382449.

  • What is the corporate identification number (CIN) and company number of Palco Metals Limited?

    The corporate identification number (CIN) of Palco Metals Limited is L27310GJ1960PLC000998 and the company number is 000998 as per Ministry of Corporate Affairs (MCA).

  • Is Palco Metals Limited registered with any stock exchange in India?

    Yes, Palco Metals Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Palco Metals Limited?

    The Official website of Palco Metals Limited is https://www.palco-metals-limited.business.site

  • What has been the recent revenue trend for Palco Metals Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Palco Metals Limited has fallen by -74.44%.

  • What change has been observed in the net worth of Palco Metals Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Palco Metals Limited has experienced an upsurge of 0.26%.

  • What are the total open charges for Palco Metals Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Palco Metals Limited amount to ₹ 20.50 Cr.

  • When was the last Balance Sheet of Palco Metals Limited filed with the ROC?

    The most recent Balance Sheet for Palco Metals Limited was filed with the ROC on 31 Mar 2024.

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