Palco Metals Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 4.00 Cr
as on 16-11-2024
- Company Age 64 Year, 28 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 20.50 Cr
as on 16-11-2024
- Satisfied Charges ₹ 88.48 Cr
as on 16-11-2024
- Revenue -74.44%
(FY 2023)
- Profit 61.90%
(FY 2023)
- Ebitda 18.44%
(FY 2023)
- Net Worth 0.26%
(FY 2023)
- Total Assets -0.47%
(FY 2023)
About Palco Metals
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 Badal Naredi as CFO and Mukeshkumar Tiwari as Company Secretary. Kirankumar Agrawal, Meenu Maheshwari, Gauravkumar Jani, and One other member serve as directors at the Company.
- 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
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
- Email Address
- Social Media-
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.
Who are the key members and board of directors at Palco Metals?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kirankumar Agrawal  | Managing Director | 17-Aug-1996 | Current |
| Badal Naredi | CFO | 09-Jun-2015 | Current |
| Mukeshkumar Tiwari | Company Secretary | 10-Aug-2016 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Naman Naredi | Director | 05-Jul-2024 | Current |
| Meenu Maheshwari | Director | 23-Sep-2024 | Current |
| Gauravkumar Jani | Director | 05-Sep-2022 | Current |
Financial Performance and Corporate Structure Insights 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Palco Recycle Industries LimitedActive 17 years 2 monthsKirankumar Agrawal and Gauravkumar Jani are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 24 Feb 2009 | ₹20.00 Cr | Open |
The Textile Traders Co-Operative Bank Ltd. Creation Date: 07 Jan 1996 | ₹3.00 M | Open |
Textile Traders Co-Operative Bank Ltd. Creation Date: 24 Dec 1995 | ₹1.00 M | Open |
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.
Deals i
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
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.
