Palkani Trade Agency Private Limited

Wholesale and retail distribution of various products including cosmetics, food items, and household goods.

2014 | Chennai, Tamil Nadu (India) | Active
Last Updated: October 23, 2024

Palkani Trade Agency Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 10 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.00 Cr
  • Satisfied Charges ₹ 10.50 Cr
  • Revenue Growth 24.72%
  • Profit Growth 70.93%
  • Ebitda 21.61%
  • Net Worth 17.36%
  • Total Assets 10.02%

About Palkani Trade Agency

Palkani Trade Agency Private Limited (PTAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 November 2014 and has a history of Ten years and two months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Healthcare Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹20.00 Cr. The company has closed loans amounting to ₹10.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Muthu Vel and Madumathi Kumaravelan serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51900TN2014PTC097995

  • Company No.

    097995

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Nov 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Healthcare

Who are the key members and board of directors at Palkani Trade Agency?

Board Members (2)

Name Designation Appointment Date Status
Muthu Vel Country flag representing In Director 12-Nov-2014 Current
Madumathi Kumaravelan Country flag representing In Director 12-Nov-2014 Current

Financial Performance of Palkani Trade Agency.

Palkani Trade Agency Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.72% increase. The company also saw a substantial improvement in profitability, with a 70.93% increase in profit. The company's net worth Soared by an impressive increase of 17.36%.

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
24.72%
Revenue from Operations
24.72%
Total Assets
10.02%
Profit or Loss
70.93%
Net Worth
17.36%
EBITDA
21.61%

What is the Ownership and Shareholding Structure of Palkani Trade Agency?

In 2023, Palkani Trade Agency 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)

Open Charges

₹20.00 Cr

Satisfied Charges

₹10.50 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 18.00 Cr
  • Others : 2.00 Cr

Latest Charge Details

Date Lender Amount Status
30 Mar 2023 Yes Bank Limited ₹18.00 Cr Open
18 Mar 2021 Others ₹2.00 Cr Open
03 Jul 2018 Others ₹10.50 Cr Satisfied

How Many Employees Work at Palkani Trade Agency?

Palkani Trade Agency has a workforce of 24 employees as of Apr 05, 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 Palkani Trade Agency, 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 Palkani Trade Agency'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 Palkani Trade Agency

Recent activity within the organization

  • Charges

    A charge with Yes Bank Limited of Rs. 18.00 Cr registered on 30 Mar 2023 with Charge ID 100734648 was modified on 29 Aug 2024.

    29 Aug 2024

  • Annual General Meeting

    Palkani Trade Agency Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 03 Jul 2018 via Charge ID 100200714 with Others was fully satisfied on 17 Jul 2023.

    17 Jul 2023

  • Balance Sheet

    Palkani Trade Agency Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 18.00 Cr with Charge ID 100734648 was registered on 30 Mar 2023.

    30 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100434707 was registered on 18 Mar 2021.

    18 Mar 2021

Frequently asked questions

  • Palkani Trade Agency Private Limited was incorporated on 12 Nov 2014.

  • The authorized share capital of Palkani Trade Agency Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 2 directors are associated with Palkani Trade Agency Private Limited.

    • Muthu Nadar Kumara Vel
    • Madumathi Kumaravelan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Palkani Trade Agency Private Limited is 16/31 Kandappa Chetty Street, Kothawal Bazzar India, Chennai, Tamil Nadu, 600001.

  • The corporate identification number (CIN) of Palkani Trade Agency Private Limited is U51900TN2014PTC097995 and the company number is 097995 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Palkani Trade Agency Private Limited has risen by 24.72%.

  • As Per 2023 financial reports, 24 employees are currently employed by Palkani Trade Agency Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Palkani Trade Agency Private Limited has experienced an upsurge of 17.36%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Palkani Trade Agency Private Limited amount to ₹ 20.00 Cr.

  • The most recent Balance Sheet for Palkani Trade Agency Private Limited was filed with the ROC on 31 Mar 2023.