Palm Spring Resorts Limited

Investment company with diverse businesses including clubs, motels, farms, and more.

1987 | Mumbai, Maharashtra (India) | Active
Last Updated: December 14, 2024

Palm Spring Resorts Profile

Key Indicators

  • Authorised Capital ₹ 1.20 Cr
  • Paid Up Capital ₹ 2.55 M
  • Company Age 37 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -12.36%
  • Profit Growth 35.23%
  • Ebitda 7.23%
  • Net Worth -4.11%
  • Total Assets -6.56%

About Palm Spring Resorts

Palm Spring Resorts Limited (PSRL) is a Public Limited Indian Non-Government Company incorporated in India on 14 May 1987 and has a history of 37 years and eight months. Its registered office is in Mumbai, Maharashtra, 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 1.20 Cr and a paid-up capital of Rs 2.55 M, as per Ministry of Corporate Affairs (MCA) records.

Sandeep Jhaveri, Priyaj Jhaveri, and Suril Jhaveri serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U55101MH1987PLC043477

  • Company No.

    043477

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 May 1987

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

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

Board Members (3)

Name Designation Appointment Date Status
Sandeep Jhaveri Country flag representing In Director 14-May-1987 Current
Priyaj Jhaveri Country flag representing In Director 01-Jan-1998 Current
Suril Jhaveri Country flag representing In Director 01-Jan-1988 Current

Financial Performance of Palm Spring Resorts.

Palm Spring Resorts Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 12.36% decrease. The company also saw a substantial improvement in profitability, with a 35.23% increase in profit. The company's net worth dipped by a decrease of 4.11%.

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
-12.36%
Revenue from Operations
Total Assets
-6.56%
Profit or Loss
35.23%
Net Worth
-4.11%
EBITDA
7.23%

What is the Ownership and Shareholding Structure of Palm Spring Resorts?

In 2019, Palm Spring Resorts had a promoter holding of 95.06% and a public holding of 4.94%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Palm Spring Resorts?

Unlock and access historical data on people associated with Palm Spring Resorts, 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 Spring Resorts, 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 Spring Resorts'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 Spring Resorts

Recent activity within the organization

  • Annual General Meeting

    Palm Spring Resorts Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Palm Spring Resorts Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Priyaj Sandeep Jhaveri was appointed as a Director was appointed as a Director on 01 Jan 1998 & has been associated with this company since 27 years 1 month .

    01 Jan 1998

  • Director Appointment

    Suril Sundip Jhaveri was appointed as a Director was appointed as a Director on 01 Jan 1988 & has been associated with this company since 37 years 1 month .

    01 Jan 1988

  • Director Appointment

    Sandeep Ratanchand Jhaveri was appointed as a Director was appointed as a Director on 14 May 1987 & has been associated with this company since 37 years 8 months .

    14 May 1987

  • Company Incorporation

    Palm Spring Resorts Limited was registered on 14 May 1987 with Roc Mumbai & aged 37 years 8 months as per MCA records.

    14 May 1987

Frequently asked questions

  • Palm Spring Resorts Limited was incorporated on 14 May 1987.

  • The authorized share capital of Palm Spring Resorts Limited is ₹ 1.20 Cr and paid-up capital is ₹ 2.55 M.

  • Currently 3 directors are associated with Palm Spring Resorts Limited.

    • Sandeep Ratanchand Jhaveri
    • Priyaj Sandeep Jhaveri
    • Suril Sundip Jhaveri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Palm Spring Resorts Limited is 1401-Arajul Apartments 9 Harkness Road India, Mumbai, Maharashtra, 400006.

  • The corporate identification number (CIN) of Palm Spring Resorts Limited is U55101MH1987PLC043477 and the company number is 043477 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Palm Spring Resorts Limited has fallen by -12.36%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Palm Spring Resorts Limited has experienced an downturn of -4.11%.

  • The most recent Balance Sheet for Palm Spring Resorts Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Investment Banking & Advisory