Palm Heights Profile
Key Indicators
- Authorised Capital ₹ 3.50 Cr
as on 02-07-2024
- Paid Up Capital ₹ 2.58 Cr
as on 02-07-2024
- Company Age 11 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 0.68 M
as on 02-07-2024
- Satisfied Charges ₹ 15.00 Cr
as on 02-07-2024
- Revenue 452.09%
(FY 2023)
- Profit -51.74%
(FY 2023)
- Ebitda -35.56%
(FY 2023)
- Net Worth -6.11%
(FY 2023)
- Total Assets -3.34%
(FY 2023)
About Palm Heights
The Company is engaged in the Real Estate And Construction 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 3.50 Cr and a paid-up capital of Rs 2.58 Cr.
The company currently has active open charges totaling ₹0.68 M. The company has closed loans amounting to ₹15.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sarjan Rangi and Arshdeep Rangi serve as directors at the Company.
- CIN/LLPIN
U45209PB2013PTC037025
- Company No.
037025
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Jan 2013
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Company Details
- Location
Mohali, Punjab, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Palm Heights?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sarjan Rangi  | Director | 04-Jul-2015 | Current |
| Arshdeep Rangi | Director | 04-Mar-2021 | Current |
Financial Performance and Corporate Structure Insights of Palm Heights.
Palm Heights Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 452.09% increase. The company also saw a substantial fall in profitability, with a 51.74% decrease in profit. The company's net worth dipped by a decrease of 6.11%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Palm Heights?
In 2023, Palm Heights had a promoter holding of 61.28% and a public holding of 38.72%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ubber Buildtech Private LimitedActive 9 years 7 monthsSarjan Rangi and Arshdeep Rangi are mutual person
- Aarland Developments Private LimitedActive 4 years 6 months
Sarjan Rangi and Arshdeep Rangi are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Corporation Bank Creation Date: 29 Apr 2014 | ₹0.68 M | Open |
Corporation Bank Creation Date: 31 Mar 2014 | ₹15.00 Cr | Satisfied |
How Many Employees Work at Palm Heights?
Unlock and access historical data on people associated with Palm Heights, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Palm Heights, 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 Heights'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.
