Palm Heights Private Limited

Developing a residential project with seven towers and 164 flats in Derabassi, Punjab.

2013 | Mohali, Punjab (India) | Active
Last Updated:

Palm Heights Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 2.58 Cr
  • Company Age 12 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 0.68 M
  • Satisfied Charges ₹ 15.00 Cr
  • Revenue Growth 452.09%
  • Profit Growth -51.74%
  • Ebitda -35.56%
  • Net Worth -6.11%
  • Total Assets -3.34%

About Palm Heights

Palm Heights Private Limited (PHPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 January 2013 and has a history of 12 years and two months. Its registered office is in Mohali, Punjab, India.

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.

Company Details

  • Location

    Mohali, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • 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

Real Estate and Construction

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

Board Members (2)

NameDesignationAppointment DateStatus
Sarjan Rangi Country flag representing In Director 04-Jul-2015Current
Arshdeep Rangi Country flag representing In Director 04-Mar-2021Current

Financial Performance 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%.

Palm Heights revenue growth over time
Palm Heights 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
452.09%
Revenue from Operations
452.85%
Total Assets
-3.34%
Profit or Loss
-51.74%
Net Worth
-6.11%
EBITDA
-35.56%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.07 Cr

Satisfied Charges

₹15.00 Cr

Charges Breakdown by Lending Institutions

  • Corporation Bank : 0.07 Cr

Latest Charge Details

DateLenderAmountStatus
29 Apr 2014Corporation Bank₹0.68 MOpen
31 Mar 2014Corporation Bank₹15.00 CrSatisfied

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.

Employee growth trends for Palm Heights Private Limited

Deals i

Graph showing company valuation over time

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

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 Heights

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Palm Heights Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

  • Director Appointment

    Arshdeep Singh Rangi was appointed as a Director was appointed as a Director on 04 Mar 2021 & has been associated with this company since 4 years 6 days .

  • Charges

    A charge registered on 31 Mar 2014 via Charge ID 10497011 with Corporation Bank was fully satisfied on 30 Mar 2020.

  • Director Appointment

    Sarjan Singh Rangi was appointed as a Director was appointed as a Director on 04 Jul 2015 & has been associated with this company since 9 years 8 months .

  • Charges

    A charge with Corporation Bank amounted to Rs. 0.07 Cr with Charge ID 10497057 was registered on 29 Apr 2014.

Frequently asked questions

  • What is the Incorporation or founding date of Palm Heights Private Limited?

    Palm Heights Private Limited was incorporated on 10 Jan 2013.

  • What is authorized share capital and paid-up capital of Palm Heights Private Limited?

    The authorized share capital of Palm Heights Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 2.58 Cr.

  • Who are the current board members & directors of Palm Heights Private Limited?

    Currently 2 directors are associated with Palm Heights Private Limited.

    • Sarjan Singh Rangi
    • Arshdeep Singh Rangi

  • What is the registered address of Palm Heights Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Palm Heights Private Limited is Haibatpur Road Opp. Hansa Tubes Teh. Dera Bassi, Mohali, Punjab, India, 140507.

  • What is the corporate identification number (CIN) and company number of Palm Heights Private Limited?

    The corporate identification number (CIN) of Palm Heights Private Limited is U45209PB2013PTC037025 and the company number is 037025 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Palm Heights Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Palm Heights Private Limited has risen by 452.09%.

  • What change has been observed in the net worth of Palm Heights Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Palm Heights Private Limited has experienced an downturn of -6.11%.

  • What are the total open charges for Palm Heights Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Palm Heights Private Limited amount to ₹ 0.68 M.

  • When was the last Balance Sheet of Palm Heights Private Limited filed with the ROC?

    The most recent Balance Sheet for Palm Heights Private Limited was filed with the ROC on 31 Mar 2023.

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