Palco Recycle Industries Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 8.07 Cr
- Company Age 17 Year, 4 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 four 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
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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 LimitedKirankumar Agrawal and Kanaiyalal Agrawal are mutual person
Palco Metals LimitedKirankumar Agrawal and Gauravkumar Jani are mutual person
Krishna Sharebroking Services Private LimitedKirankumar Agrawal is a mutual person
Shree Govindaa Residency LlpKanaiyalal 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.
