

Palco Recycle Industries Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 8.07 Cr
- Company Age 17 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 68.98 Cr
- Satisfied Charges ₹ 5.00 Cr
- Revenue Growth 82.54%
- Profit Growth 422.92%
- Ebitda 197.94%
- Net Worth 24.92%
- Total Assets 24.38%
About Palco Recycle Industries
Palco Recycle Industries Limited (PRIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 September 2007 and has a history of 17 years and seven months. Its registered office is in Mahesana, Gujarat, 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 2024. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 8.07 Cr.
The company currently has active open charges totaling ₹68.98 Cr. The company has closed loans amounting to ₹5.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kirankumar Agrawal, Kanaiyalal Agrawal, and Gauravkumar Jani serve as directors at the Company.
Company Details
- Location
Mahesana, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27209GJ2007PLC051853
- Company No.
051853
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
28 Sep 2007
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does Palco Recycle Industries Limited offer?
Palco Recycle Industries Limited offers a wide range of products and services, including Metal and Alloy Wires, Electrical Conductors, Metal & Metal Made Products, Metal Ingots, Electrical Cables & Wires, Control Cable, Electric Fittings & Components, Anodes.
Who are the key members and board of directors at Palco Recycle Industries?
Executive Team (1)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Kirankumar Agrawal ![]() | Managing Director | 28-Sep-2007 | Current |
Board Members (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Kanaiyalal Agrawal ![]() | Director | 15-Mar-2024 | Current |
Gauravkumar Jani ![]() | Director | 01-Sep-2022 | Current |
Financial Performance of Palco Recycle Industries.
Palco Recycle Industries Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 82.54% increase. The company also saw a substantial improvement in profitability, with a 422.92% increase in profit. The company's net worth Soared by an impressive increase of 24.92%.


- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
Metrics |
| (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 Recycle Industries?
In 2022, Palco Recycle Industries had a promoter holding of 89.98% and a public holding of 10.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Palco Recycle Exchange Limited
Kirankumar Agrawal and Kanaiyalal Agrawal are mutual person
- Palco Metals Limited
Kirankumar Agrawal and Gauravkumar Jani are mutual person
- Krishna Sharebroking Services Private Limited
Kirankumar Agrawal is a mutual person
- Shree Govindaa Residency Llp
Kanaiyalal Agrawal is a mutual person
- A B C Metals & Trading Consultancy Private Limited
Kanaiyalal Agrawal is a mutual person
- Saptak Tradelink Private Limited
Kanaiyalal Agrawal is a mutual person
Charges (Loans)
₹68.98 Cr
₹5.00 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 48.39 Cr
- Others : 19.76 Cr
- Sidbi : 0.73 Cr
- Hdfc Bank Limited : 0.10 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
16 Mar 2024 | Hdfc Bank Limited | ₹1.01 M | Open |
21 Feb 2024 | Others | ₹5.93 M | Open |
07 Nov 2023 | Sidbi | ₹7.30 M | Open |
21 Mar 2023 | Others | ₹19.17 Cr | Open |
08 Jan 2015 | State Bank Of India | ₹24.61 Cr | Open |
How Many Employees Work at Palco Recycle Industries?
Palco Recycle Industries has a workforce of 6 employees as of Mar 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Palco Recycle Industries, 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 Recycle Industries'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.
Latest Updates, News, and FAQs on Palco Recycle Industries
Recent activity within the organization
- Charges
A charge with Others of Rs. 19.17 Cr registered on 21 Mar 2023 with Charge ID 100701033 was modified on 08 Oct 2024.
- Annual General Meeting
Palco Recycle Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Palco Recycle Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100893204 was registered on 16 Mar 2024.
- Director Appointment
Kanaiyalal Babulal Agrawal was appointed as a Director was appointed as a Director on 15 Mar 2024 & has been associated with this company since 1 year 1 month .
- Charges
A charge with Others amounted to Rs. 0.59 Cr with Charge ID 100870207 was registered on 21 Feb 2024.
Frequently asked questions
What is the Incorporation or founding date of Palco Recycle Industries Limited?
Palco Recycle Industries Limited was incorporated on 28 Sep 2007.
What is authorized share capital and paid-up capital of Palco Recycle Industries Limited?
The authorized share capital of Palco Recycle Industries Limited is ₹ 20.00 Cr and paid-up capital is ₹ 8.07 Cr.
Who are the current board members & directors of Palco Recycle Industries Limited?
Currently 3 directors are associated with Palco Recycle Industries Limited.
- Kirankumar Babulal Agrawal
- Kanaiyalal Babulal Agrawal
- Gauravkumar Pushkarrai Jani
What is the registered address of Palco Recycle Industries Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Palco Recycle Industries Limited is Rs No. 72 73 75 Opp. Super British Alloys Nr. Jalaram Mandir Ankhol Ta- Dist-Mahesana-, . India, Kadi, Gujarat, 382715.
What is the corporate identification number (CIN) and company number of Palco Recycle Industries Limited?
The corporate identification number (CIN) of Palco Recycle Industries Limited is U27209GJ2007PLC051853 and the company number is 051853 as per Ministry of Corporate Affairs (MCA).
What is the official website of Palco Recycle Industries Limited?
The Official website of Palco Recycle Industries Limited is https://www.palcorecycle.com
What has been the recent revenue trend for Palco Recycle Industries Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Palco Recycle Industries Limited has risen by 82.54%.
How many employees does Palco Recycle Industries Limited currently have?
As Per 2022 financial reports, 6 employees are currently employed by Palco Recycle Industries Limited.
What change has been observed in the net worth of Palco Recycle Industries Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Palco Recycle Industries Limited has experienced an upsurge of 24.92%.
What are the total open charges for Palco Recycle Industries Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Palco Recycle Industries Limited amount to ₹ 68.98 Cr.
When was the last Balance Sheet of Palco Recycle Industries Limited filed with the ROC?
The most recent Balance Sheet for Palco Recycle Industries Limited was filed with the ROC on 31 Mar 2024.
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
- Nareshchand JainDirector
- Kailashchandra AgrawalDirector
SG
Sumit GuptaDirectorAA
Ashokkumar AgrawalDirectorLN
Lalit NarediDirectorKS
Kamleshbhai ShahDirector
Similar Companies Based on Waste Management & Recycling Solutions
- Hindalco Industries Limited Mumbai, Maharashtra, India
- National Aluminium Co Ltd Khorda, Odisha, India
- Vedanta Limited Mumbai, Maharashtra, India
- Utkal Alumina International Limited. Khorda, Odisha, India
- Hindustan Zinc Limited Udaipur, Rajasthan, India
- Shyam Metalics And Energy Limited Kolkata, West Bengal, India
- Bharat Aluminium Co Ltd Delhi, India
- Jindal Aluminium Limited. Bangaluru, Karnataka, India