Palm Products Pvt.Ltd.

Provides non-banking financial services and produces oils, soaps, lubricants, and other related products.

1995 | Kolkata, West Bengal (India) | Active
Last Updated: January 02, 2025

Palm Products.Ltd. Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.76 M
  • Company Age 29 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 8.30 Cr
  • Revenue Growth 926.28%
  • Profit Growth 161.51%
  • Ebitda 2462.40%
  • Net Worth 0.27%
  • Total Assets 5766.23%

About Palm Products.Ltd.

Palm Products Pvt.Ltd. (PPP) is a Private Limited Indian Non-Government Company incorporated in India on 28 February 1995 and has a history of 29 years and 11 months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Financial Services 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 5.00 M and a paid-up capital of Rs 4.76 M.

The company has closed loans amounting to ₹8.30 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Prakaash Sirohia and Amritash Sirohia serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15143WB1995PTC068710

  • Company No.

    068710

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Feb 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services

Who are the key members and board of directors at Palm Products.Ltd.?

Board Members (2)

Name Designation Appointment Date Status
Prakaash Sirohia Country flag representing In Additional Director 10-Feb-2020 Current
Amritash Sirohia Country flag representing In Additional Director 10-Feb-2020 Current

Financial Performance of Palm Products.Ltd..

Palm Products Pvt.Ltd., for the financial year ended 2021, experienced significant growth in revenue, with a 926.28% increase. The company also saw a substantial improvement in profitability, with a 161.51% increase in profit. The company's net worth moved up by a moderate rise of 0.27%.

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
926.28%
Revenue from Operations
1141.01%
Total Assets
5766.23%
Profit or Loss
161.51%
Net Worth
0.27%
EBITDA
2462.40%

What is the Ownership and Shareholding Structure of Palm Products.Ltd.?

In 2021, Palm Products.Ltd. had a promoter holding of 73.74% and a public holding of 26.26%. 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

Satisfied Charges

₹83.00 M

Charges Breakdown by Lending Institutions

  • Icici Bank Limited : 4.30 Cr
  • Axis Bank Limited : 4.00 Cr

Latest Charge Details

Date Lender Amount Status
29 May 2015 Icici Bank Limited ₹2.30 Cr Satisfied
18 Mar 2014 Icici Bank Limited ₹2.00 Cr Satisfied
19 Mar 2010 Axis Bank Limited ₹1.00 Cr Satisfied
11 Feb 2010 Axis Bank Limited ₹1.00 Cr Satisfied
28 Oct 2005 Axis Bank Limited ₹1.00 Cr Satisfied

How Many Employees Work at Palm Products.Ltd.?

Unlock and access historical data on people associated with Palm Products.Ltd., such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palm Products.Ltd., 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 Products.Ltd.'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 Products.Ltd.

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Palm Products Pvt.Ltd. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Director Appointment

    Prakaash Sirohia was appointed as a Additional Director was appointed as a Additional Director on 10 Feb 2020 & has been associated with this company since 4 years 11 months .

    10 Feb 2020

  • Director Appointment

    Amritash Sirohia was appointed as a Additional Director was appointed as a Additional Director on 10 Feb 2020 & has been associated with this company since 4 years 11 months .

    10 Feb 2020

  • Charges

    A charge registered on 18 Mar 2014 via Charge ID 10485761 with Icici Bank Limited was fully satisfied on 04 Feb 2019.

    04 Feb 2019

  • Charges

    A charge registered on 11 Feb 2010 via Charge ID 10206705 with Axis Bank Limited was fully satisfied on 09 Aug 2018.

    09 Aug 2018

Frequently asked questions

  • Palm Products Pvt.Ltd. was incorporated on 28 Feb 1995.

  • The authorized share capital of Palm Products Pvt.Ltd. is ₹ 5.00 M and paid-up capital is ₹ 4.76 M.

  • Currently 2 directors are associated with Palm Products Pvt.Ltd..

    • Prakaash Sirohia
    • Amritash Sirohia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Palm Products Pvt.Ltd. is 2 Garstin Place Level- 2, Suite- 205 India, Kolkata, West Bengal, 700001.

  • The corporate identification number (CIN) of Palm Products Pvt.Ltd. is U15143WB1995PTC068710 and the company number is 068710 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Palm Products Pvt.Ltd. has risen by 926.28%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Palm Products Pvt.Ltd. has experienced an upsurge of 0.27%.

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

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