Palma Development Finance Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 4.81 Cr
- Company Age 34 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 1.93%
- Profit Growth 4136.95%
- Ebitda 1251.28%
- Net Worth 2.76%
- Total Assets 3.24%
About Palma Development Finance
Palma Development Finance Private Limited (PDFPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 September 1990 and has a history of 34 years and four months. Its registered office is in Kanyakumari, Tamil Nadu, India.
The Corporate was formerly known as Arihant Finance Private Limited. 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 10.00 Cr and a paid-up capital of Rs 4.81 Cr, as per Ministry of Corporate Affairs (MCA) records.
Anbaiyan Sankili, Selvan Krishnan, Vasthi Alice, and Six other members serve as directors at the Company.
Company Details
- Location
Kanyakumari, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U65999TN1990PTC104347
- Company No.
104347
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Sep 1990
- Date of AGM
13 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Palma Development Finance?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anbaiyan Sankili  | Managing Director | 01-Mar-2014 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Selvan Krishnan | Director | 01-Mar-2014 | Current |
| Vasthi Alice | Director | 01-Mar-2014 | Current |
| Ponnan Poulose | Director | 19-Mar-2015 | Current |
| Nitha Roy | Director | 30-Aug-2022 | Current |
| Ambramoli Purushothaman | Director | 25-Nov-2022 | Current |
| Jacob Isaac | Whole-Time Director | 27-Jun-2014 | Current |
Financial Performance of Palma Development Finance.
Palma Development Finance Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.93% increase. The company also saw a substantial improvement in profitability, with a 4136.95% increase in profit. The company's net worth moved up by a moderate rise of 2.76%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Palma Development Finance?
In 2023, Palma Development Finance had a promoter holding of 88.59% and a public holding of 11.41%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ntc Finance Private LimitedAmbramoli Purushothaman is a mutual person
Jmj Fintech LimitedJoju Johny is a mutual person
Palma Development Nidhi LimitedAnbaiyan Sankili and Jacob Isaac are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Palma Development Finance?
Palma Development Finance has a workforce of 18 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Palma Development Finance, 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 Palma Development Finance's trajectory.
Rating
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
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.
