Palm Springs Estate Private Limited

Real estate acquisition and financing company established in 1973, based in Mumbai.

1973 | Mumbai, Maharashtra (India) | Active
Last Updated: December 27, 2024

Palm Springs Estate Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 51 Year, 7 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 30.00 Cr
  • Satisfied Charges ₹ 7.15 Cr
  • Revenue Growth %
  • Profit Growth 97.68%
  • Ebitda 71.88%
  • Net Worth -0.05%
  • Total Assets 3.06%

About Palm Springs Estate

Palm Springs Estate Private Limited (PSEPL) was founded in India on 20 June 1973 and has a glorious history of 51 years and seven months.Its registered office is in Mumbai, Maharashtra, 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 2022. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹30.00 Cr. The company has closed loans amounting to ₹7.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

Urmi Sheth and Rajiv Sheth 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

    U70100MH1973PTC016612

  • Company No.

    016612

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jun 1973

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

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

Board Members (2)

Name Designation Appointment Date Status
Urmi Sheth Country flag representing In Director 01-Oct-2013 Current
Rajiv Sheth Country flag representing In Director 01-Oct-2013 Current

Financial Performance of Palm Springs Estate.

Palm Springs Estate Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 97.68% increase in profit. The company's net worth dipped by a decrease of 0.05%.

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
Revenue from Operations
Total Assets
3.06%
Profit or Loss
97.68%
Net Worth
-0.05%
EBITDA
71.88%

What is the Ownership and Shareholding Structure of Palm Springs Estate?

In 2018, Palm Springs Estate 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

₹300.00 M

Satisfied Charges

₹71.50 M

Charges Breakdown by Lending Institutions

  • Oman International Bank Saog : 27.00 Cr
  • Anagram Finance Ltd. : 3.00 Cr

Latest Charge Details

Date Lender Amount Status
02 Jun 1997 Anagram Finance Ltd. ₹3.00 Cr Open
10 Nov 1994 Oman International Bank Saog ₹11.00 Cr Open
12 Jul 1993 Oman International Bank Saog ₹16.00 Cr Open
10 Oct 2009 Kotak Mahindra Bank Limited ₹3.50 Cr Satisfied
25 Jun 2008 Kotak Mahindra Bank Limited ₹3.65 Cr Satisfied

How Many Employees Work at Palm Springs Estate?

Unlock and access historical data on people associated with Palm Springs Estate, 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 Springs Estate, 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 Springs Estate'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 Springs Estate

Recent activity within the organization

  • Annual General Meeting

    Palm Springs Estate Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Palm Springs Estate Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.

    31 Mar 2022

  • Director Appointment

    Urmi Rajiv Sheth was appointed as a Director was appointed as a Director on 01 Oct 2013 & has been associated with this company since 11 years 4 months .

    01 Oct 2013

  • Director Appointment

    Rajiv Arvindkumar Sheth was appointed as a Director was appointed as a Director on 01 Oct 2013 & has been associated with this company since 11 years 4 months .

    01 Oct 2013

  • Charges

    A charge registered on 10 Oct 2009 via Charge ID 10181200 with Kotak Mahindra Bank Limited was fully satisfied on 20 Sep 2010.

    20 Sep 2010

  • Charges

    A charge registered on 25 Jun 2008 via Charge ID 10113796 with Kotak Mahindra Bank Limited was fully satisfied on 20 Sep 2010.

    20 Sep 2010

Frequently asked questions

  • Palm Springs Estate Private Limited was incorporated on 20 Jun 1973.

  • The authorized share capital of Palm Springs Estate Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Palm Springs Estate Private Limited.

    • Urmi Rajiv Sheth
    • Rajiv Arvindkumar Sheth
  • As per Ministry of Corporate Affairs (Mca), the registered address of Palm Springs Estate Private Limited is 404 Udyog Mandir No.2 Mogul Lane Mahim (West), India, Mumbai, Maharashtra, 400016.

  • The corporate identification number (CIN) of Palm Springs Estate Private Limited is U70100MH1973PTC016612 and the company number is 016612 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2020 indicates that The net worth of Palm Springs Estate Private Limited has experienced an downturn of -0.05%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Palm Springs Estate Private Limited amount to ₹ 30.00 Cr.

  • The most recent Balance Sheet for Palm Springs Estate Private Limited was filed with the ROC on 31 Mar 2022.

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