Palmo Industrial Silicones Private Limited logo

Palmo Industrial Silicones Private Limited

Produces pharmaceutical bulk drugs and silicone compounds for various industries.
2001 | Vadodara, Gujarat (India) | Active

Last Updated:

June 29, 2024
HomeCompanyPalmo Industrial Silicones Private Limited

Who are the key members and board of directors at Palmo Industrial Silicones?

Board Members(2)

NameDesignationAppointment DateStatus
Smita Bhatt In Director 08-May-2001Current
Bankish Bhatt In Director 28-Feb-2003Current

Financial Performance of Palmo Industrial Silicones.

Palmo Industrial Silicones Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.04% increase. The company also saw a substantial improvement in profitability, with a 29.9% increase in profit. The company's net worth Soared by an impressive increase of 29.17%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
21.04%
Revenue from Operations
21.29%
Total Assets
18.99%
Profit or Loss
29.90%
Net Worth
29.17%
EBITDA
29.50%

Charges (Loans)

Open Charges Satisfied Charges

₹13.75 M

₹3.40 M

LenderAmountStatus

Others

Creation Date: 14 Oct 2016
₹0.40 MOpen

Others

Creation Date: 22 May 2014
₹1.30 CrOpen

Kotak Mahindra Prime Ltd

Creation Date: 28 Apr 2006
₹0.35 MOpen

How Many Employees Work at Palmo Industrial Silicones?

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

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Latest Updates, News, and FAQs on Palmo Industrial Silicones

Recent activity within the organization

  • Annual General Meeting

    Palmo Industrial Silicones Private Limited last Annual general meeting of members was held on 24 Aug 2023 as per latest MCA records.

    24 Aug 2023

  • Charges

    A charge with Others of Rs. 13.00 M registered on 22 May 2014 with Charge ID 10506187 was modified on 07 Jun 2023.

    07 Jun 2023

  • Balance Sheet

    Palmo Industrial Silicones Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.40 M with Charge ID 100061598 was registered on 14 Oct 2016.

    14 Oct 2016

  • Charges

    A charge with Others amounted to Rs. 13.00 M with Charge ID 10506187 was registered on 22 May 2014.

    22 May 2014

  • Charges

    A charge registered on 20 Nov 2009 via Charge ID 10189035 with Central Bank Of India was fully satisfied on 11 Oct 2013.

    11 Oct 2013

Frequently asked questions

  • Palmo Industrial Silicones Private Limited was incorporated on 08 May 2001.

  • The authorized share capital of Palmo Industrial Silicones Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Palmo Industrial Silicones Private Limited.

    • Smita Bhatt
    • Bankish Janakray Bhatt
  • As per Ministry of Corporate Affairs (Mca), the registered address of Palmo Industrial Silicones Private Limited is C1B / 243 / 20 Gidc Waghodia, Vadodara, Gujarat, India, 391760.

  • The corporate identification number (CIN) of Palmo Industrial Silicones Private Limited is U24231GJ2001PTC039505 and the company number is 039505 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Palmo Industrial Silicones Private Limited is https://www.palmosilicon.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Palmo Industrial Silicones Private Limited has risen by 21.04%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Palmo Industrial Silicones Private Limited has experienced an upsurge of 29.17%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Palmo Industrial Silicones Private Limited amount to ₹ 1.37 Cr.

  • The most recent Balance Sheet for Palmo Industrial Silicones Private Limited was filed with the ROC on 31 Mar 2023.

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