Palm Alloy Steels Pvt Ltd

Manufactures basic iron and steel products for various industries such as engineering and pump manufacturing.

1981 | Thane, Maharashtra (India) | Active
Last Updated:

Palm Alloy Steels Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 43 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.18 Cr
  • Satisfied Charges ₹ 4.25 M
  • Revenue Growth 19.01%
  • Profit Growth 67.61%
  • Ebitda 562.27%
  • Net Worth -16.27%
  • Total Assets -14.33%

About Palm Alloy Steels

Palm Alloy Steels Pvt Ltd (PASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 October 1981 and has a history of 43 years and six months. Its registered office is in Thane, Maharashtra, 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 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹1.18 Cr. The company has closed loans amounting to ₹4.25 M, as per Ministry of Corporate Affairs (MCA) records.

Dinesh Choudhary, Prakash Choudhary, Ruma Kinariwala, and Two other members serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27100MH1981PTC025369

  • Company No.

    025369

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Oct 1981

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals
Company report

Palm Alloy Steels Pvt Ltd

Explore comprehensive data for Palm Alloy Steels Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Palm Alloy Steels?

Board Members (5)

NameDesignationAppointment DateStatus
Dinesh Choudhary Country flag representing In Director 20-Feb-2023Current
Prakash Choudhary Country flag representing In Director 20-Feb-2023Current
Ruma Kinariwala Country flag representing In Director 10-Dec-2012Current
Amarchand Choudhary Country flag representing In Director 20-Feb-2023Current
Surindersingh Mangar Country flag representing In Director 10-Apr-1994Current

Financial Performance of Palm Alloy Steels.

Palm Alloy Steels Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 19.01% increase. The company also saw a substantial improvement in profitability, with a 67.61% increase in profit. The company's net worth observed a substantial decline by a decrease of 16.27%.

Palm Alloy Steels revenue growth over time
Palm Alloy Steels 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
19.01%
Revenue from Operations
19.05%
Total Assets
-14.33%
Profit or Loss
67.61%
Net Worth
-16.27%
EBITDA
562.27%

What is the Ownership and Shareholding Structure of Palm Alloy Steels?

Unlock access to Palm Alloy Steels's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.84 M

Satisfied Charges

₹4.25 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.18 Cr

Latest Charge Details

DateLenderAmountStatus
29 Aug 2008Hdfc Bank Limited₹7.34 MOpen
26 Apr 2008Hdfc Bank Limited₹4.50 MOpen
31 Dec 2003Syndicate Bank₹0.33 MSatisfied
11 Dec 1995Syndicate Bank₹0.07 MSatisfied
16 Sep 1994Syndicate Bank₹3.17 MSatisfied

How Many Employees Work at Palm Alloy Steels?

Palm Alloy Steels has a workforce of 34 employees as of Apr 04, 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.

Employee growth trends for Palm Alloy Steels Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palm Alloy Steels, 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 Palm Alloy Steels'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 Palm Alloy Steels

Recent activity within the organization

  • Annual General Meeting

    Palm Alloy Steels Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 31 Dec 2003 via Charge ID 90164431 with Syndicate Bank was fully satisfied on 16 Apr 2024.

  • Charges

    A charge registered on 11 Dec 1995 via Charge ID 90163270 with Syndicate Bank was fully satisfied on 16 Apr 2024.

  • Charges

    A charge registered on 16 Sep 1994 via Charge ID 90162994 with Syndicate Bank was fully satisfied on 16 Apr 2024.

  • Charges

    A charge registered on 06 Sep 1989 via Charge ID 90167014 with Syndicate Bank was fully satisfied on 16 Apr 2024.

  • Charges

    A charge registered on 28 Jun 1983 via Charge ID 90161735 with Syndicate Bank was fully satisfied on 16 Apr 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Palm Alloy Steels Pvt Ltd?

    Palm Alloy Steels Pvt Ltd was incorporated on 05 Oct 1981.

  • What is authorized share capital and paid-up capital of Palm Alloy Steels Pvt Ltd?

    The authorized share capital of Palm Alloy Steels Pvt Ltd is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Who are the current board members & directors of Palm Alloy Steels Pvt Ltd?

    Currently 5 directors are associated with Palm Alloy Steels Pvt Ltd.

    • Dinesh Bholaram Choudhary
    • Prakash Bholaram Choudhary
    • Ruma Rao Kinariwala
    • Amarchand Bholaram Choudhary
    • Surindersingh Mohan Mangar

  • What is the registered address of Palm Alloy Steels Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Palm Alloy Steels Pvt Ltd is Narangi Phata Chandansar Road Virar East, Palghar India, Vasai, Maharashtra, 401303.

  • What is the corporate identification number (CIN) and company number of Palm Alloy Steels Pvt Ltd?

    The corporate identification number (CIN) of Palm Alloy Steels Pvt Ltd is U27100MH1981PTC025369 and the company number is 025369 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Palm Alloy Steels Pvt Ltd?

    The Official website of Palm Alloy Steels Pvt Ltd is https://www.palmalloysteels.com

  • What has been the recent revenue trend for Palm Alloy Steels Pvt Ltd?

    According to the financial reports for the fiscal year 2022, the revenue trend for Palm Alloy Steels Pvt Ltd has risen by 19.01%.

  • How many employees does Palm Alloy Steels Pvt Ltd currently have?

    As Per 2022 financial reports, 34 employees are currently employed by Palm Alloy Steels Pvt Ltd.

  • What change has been observed in the net worth of Palm Alloy Steels Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Palm Alloy Steels Pvt Ltd has experienced an downturn of -16.27%.

  • What are the total open charges for Palm Alloy Steels Pvt Ltd?

    As per the financial statements for fiscal Year 2022, The total open charges for Palm Alloy Steels Pvt Ltd amount to ₹ 1.18 Cr.

  • When was the last Balance Sheet of Palm Alloy Steels Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Palm Alloy Steels Pvt Ltd was filed with the ROC on 31 Mar 2024.

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