Palm Motors Private Limited

Authorized dealer for Ford India, offering sales, services, spares, and accessories since 2011.

2011 | Delhi (India) | Active
Last Updated:

Palm Motors Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.45 M
  • Company Age 13 Year, 6 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 9.20 Cr
  • Satisfied Charges ₹ 5.25 Cr
  • Revenue Growth 5.38%
  • Profit Growth 29.26%
  • Ebitda 17.31%
  • Net Worth 13.68%
  • Total Assets 10.42%

About Palm Motors

Palm Motors Private Limited (PMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 August 2011 and has a history of 13 years and six months. Its registered office is in Delhi, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 6.45 M.

The company currently has active open charges totaling ₹9.20 Cr. The company has closed loans amounting to ₹5.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Reema Jain and Geeta Devi serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34100DL2011PTC223863

  • Company No.

    223863

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Aug 2011

  • Date of AGM

    26 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive
Company report

Palm Motors Private Limited

Explore comprehensive data for Palm Motors Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Reema Jain Country flag representing In Additional Director 16-Apr-2018Current
Geeta Devi Country flag representing Is Director 10-Oct-2013Current

Financial Performance of Palm Motors.

Palm Motors Private Limited, for the financial year ended 2019, experienced modest growth in revenue, with a 5.38% increase. The company also saw a substantial improvement in profitability, with a 29.26% increase in profit. The company's net worth Soared by an impressive increase of 13.68%.

Palm Motors revenue growth over time
Palm Motors 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
5.38%
Revenue from Operations
5.20%
Total Assets
10.42%
Profit or Loss
29.26%
Net Worth
13.68%
EBITDA
17.31%

What is the Ownership and Shareholding Structure of Palm Motors?

In 2019, Palm Motors 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

₹9.20 Cr

Satisfied Charges

₹5.25 Cr

Charges Breakdown by Lending Institutions

  • Tata Capital Financial Services Limited : 7.50 Cr
  • Hdfc Bank Limited : 1.50 Cr
  • Others : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
14 Dec 2017Tata Capital Financial Services Limited₹7.50 CrOpen
05 May 2017Hdfc Bank Limited₹1.50 CrOpen
20 Apr 2016Others₹2.00 MOpen
29 Feb 2012Allahabad Bank₹2.00 CrSatisfied
29 Feb 2012Allahabad Bank₹3.25 CrSatisfied

How Many Employees Work at Palm Motors?

Palm Motors has a workforce of 28 employees as of Apr 09, 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 Motors Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Palm Motors Private Limited last Annual general meeting of members was held on 26 Sep 2019 as per latest MCA records.

  • Balance Sheet

    Palm Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Delhi.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 1.50 Cr registered on 05 May 2017 with Charge ID 100098433 was modified on 26 Apr 2018.

  • Director Appointment

    Reema Jain was appointed as a Additional Director was appointed as a Additional Director on 16 Apr 2018 & has been associated with this company since 6 years 10 months .

  • Charges

    A charge registered on 29 Feb 2012 via Charge ID 10349929 with Allahabad Bank was fully satisfied on 09 Jan 2018.

  • Charges

    A charge registered on 29 Feb 2012 via Charge ID 10349918 with Allahabad Bank was fully satisfied on 28 Dec 2017.

Frequently asked questions

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

    Palm Motors Private Limited was incorporated on 18 Aug 2011.

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

    The authorized share capital of Palm Motors Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.45 M.

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

    Currently 2 directors are associated with Palm Motors Private Limited.

    • Reema Jain
    • Geeta Devi
  • What is the registered address of Palm Motors Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Palm Motors Private Limited is 418/35 1St Floor, New Explended Road India, New Delhi, 110006.

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

    The corporate identification number (CIN) of Palm Motors Private Limited is U34100DL2011PTC223863 and the company number is 223863 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2019, the revenue trend for Palm Motors Private Limited has risen by 5.38%.

  • How many employees does Palm Motors Private Limited currently have?

    As Per 2019 financial reports, 28 employees are currently employed by Palm Motors Private Limited.

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

    The financial reports for the fiscal year 2019 indicates that The net worth of Palm Motors Private Limited has experienced an upsurge of 13.68%.

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

    As per the financial statements for fiscal Year 2019, The total open charges for Palm Motors Private Limited amount to ₹ 9.20 Cr.

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

    The most recent Balance Sheet for Palm Motors Private Limited was filed with the ROC on 31 Mar 2019.

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