Palex Express Services Private Limited

Provides courier and storage solutions for domestic and international clients.

2004 | Mumbai, Maharashtra (India) | Active
Last Updated: December 26, 2024

Palex Express Services Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 21 Year, 23 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 31.55%
  • Profit Growth 2009.03%
  • Ebitda 74.45%
  • Net Worth 22.25%
  • Total Assets 32.86%

About Palex Express Services

Palex Express Services Private Limited (PESPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 January 2004 and has a history of 21 years. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Transport And Logistics 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 0.50 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Amravati Pal and Rajdeo Pal serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    palexindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U64120MH2004PTC144176

  • Company No.

    144176

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Jan 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

What products or services does Palex Express Services Private Limited offer?

Palex Express Services Private Limited offers a wide range of products and services, including Transport Agents & Bulk Carriers, Courier Service, Logistics Service, Parcel Delivery Services, IT, Networking & Automation Solution, IT Solutions, Computer and Networking Solutions, Networking Solutions, Goods Transport Services, Transportation Services.

Who are the key members and board of directors at Palex Express Services?

Board Members (2)

Name Designation Appointment Date Status
Amravati Pal Country flag representing In Director 22-Jan-2004 Current
Rajdeo Pal Country flag representing In Director 22-Jan-2004 Current

Financial Performance of Palex Express Services.

Palex Express Services Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 31.55% increase. The company also saw a substantial improvement in profitability, with a 2009.03% increase in profit. The company's net worth Soared by an impressive increase of 22.25%.

Graph illustrating revenue growth over time
Graph showing 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
31.55%
Revenue from Operations
32.79%
Total Assets
32.86%
Profit or Loss
2009.03%
Net Worth
22.25%
EBITDA
74.45%

What is the Ownership and Shareholding Structure of Palex Express Services?

In 2020, Palex Express Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Palex Express Services?

Palex Express Services has a workforce of 11 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palex Express Services, 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 Palex Express Services'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 Palex Express Services

Recent activity within the organization

  • Annual General Meeting

    Palex Express Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Palex Express Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Amravati Raj Pal was appointed as a Director was appointed as a Director on 22 Jan 2004 & has been associated with this company since 21 years 23 days .

    22 Jan 2004

  • Director Appointment

    Rajdeo Jagprasad Pal was appointed as a Director was appointed as a Director on 22 Jan 2004 & has been associated with this company since 21 years 23 days .

    22 Jan 2004

  • Company Incorporation

    Palex Express Services Private Limited was registered on 22 Jan 2004 with Roc Mumbai & aged 21 years 23 days as per MCA records.

    22 Jan 2004

Frequently asked questions

  • Palex Express Services Private Limited was incorporated on 22 Jan 2004.

  • The authorized share capital of Palex Express Services Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Palex Express Services Private Limited.

    • Amravati Raj Pal
    • Rajdeo Jagprasad Pal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Palex Express Services Private Limited is 94 Modi Street Karachiwala Building 1St Floor, Fort India, Mumbai, Maharashtra, 400001.

  • The corporate identification number (CIN) of Palex Express Services Private Limited is U64120MH2004PTC144176 and the company number is 144176 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Palex Express Services Private Limited is https://www.palexindia.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Palex Express Services Private Limited has risen by 31.55%.

  • As Per 2020 financial reports, 11 employees are currently employed by Palex Express Services Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Palex Express Services Private Limited has experienced an upsurge of 22.25%.

  • The most recent Balance Sheet for Palex Express Services Private Limited was filed with the ROC on 31 Mar 2024.