Palm Towers Private Limited

Real estate company focused on construction, investment, and trading of land and buildings.

2005 | Kokata, West Bengal (India) | Active
Last Updated: December 22, 2024

Palm Towers Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 19 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.23 Cr
  • Satisfied Charges ₹ 2.00 Cr
  • Revenue Growth 5234.55%
  • Ebitda 877.85%
  • Net Worth -161.17%
  • Total Assets 4.97%

About Palm Towers

Palm Towers Private Limited (PTPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 October 2005 and has a history of 19 years and three months. Its registered office is in Kokata, West Bengal.

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 2024. 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 ₹2.23 Cr. The company has closed loans amounting to ₹2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sonali Kumbhat and Komal Kumbhat serve as directors at the Company.

Company Details

  • Location Kokata, West Bengal
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70101WB2005PTC106027

  • Company No.

    106027

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Oct 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Real Estate and Construction

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

Board Members (2)

Name Designation Appointment Date Status
Sonali Kumbhat Country flag representing In Director 26-Oct-2005 Current
Komal Kumbhat Country flag representing In Director 26-Oct-2005 Current

Financial Performance of Palm Towers.

Palm Towers Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 5234.55% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth observed a substantial decline by a decrease of 161.17%.

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
5234.55%
Revenue from Operations
5234.38%
Total Assets
4.97%
Profit or Loss
Net Worth
-161.17%
EBITDA
877.85%

What is the Ownership and Shareholding Structure of Palm Towers?

In 2019, Palm Towers had a public 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

₹22.25 M

Satisfied Charges

₹20.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 2.23 Cr

Latest Charge Details

Date Lender Amount Status
30 Apr 2022 Hdfc Bank Limited ₹2.25 M Open
17 Aug 2021 Hdfc Bank Limited ₹2.00 Cr Open
29 Mar 2019 Tata Capital Financial Services Limited ₹1.40 Cr Satisfied
31 Oct 2018 Tata Capital Financial Services Limited ₹6.00 M Satisfied

How Many Employees Work at Palm Towers?

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Palm Towers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.25 M with Charge ID 100584951 was registered on 30 Apr 2022.

    30 Apr 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 20.00 M with Charge ID 100475299 was registered on 17 Aug 2021.

    17 Aug 2021

  • Charges

    A charge registered on 29 Mar 2019 via Charge ID 100252288 with Tata Capital Financial Services Limited was fully satisfied on 17 Aug 2021.

    17 Aug 2021

  • Charges

    A charge registered on 31 Oct 2018 via Charge ID 100216287 with Tata Capital Financial Services Limited was fully satisfied on 17 Aug 2021.

    17 Aug 2021

Frequently asked questions

  • Palm Towers Private Limited was incorporated on 26 Oct 2005.

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

  • Currently 2 directors are associated with Palm Towers Private Limited.

    • Sonali Kumbhat
    • Komal Kumbhat
  • As per Ministry of Corporate Affairs (Mca), the registered address of Palm Towers Private Limited is 15 C R Avenue Ground Floor India, Kokata, West Bengal.

  • The corporate identification number (CIN) of Palm Towers Private Limited is U70101WB2005PTC106027 and the company number is 106027 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Palm Towers Private Limited has risen by 5234.55%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Palm Towers Private Limited has experienced an downturn of -161.17%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Palm Towers Private Limited amount to ₹ 2.23 Cr.

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