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

Palmo Industrial Silicones Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 23 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.37 Cr
  • Satisfied Charges ₹ 3.40 M
  • Revenue Growth 21.04%
  • Profit Growth 29.90%
  • Ebitda 29.50%
  • Net Worth 29.17%
  • Total Assets 18.99%

About Palmo Industrial Silicones

Palmo Industrial Silicones Private Limited (PISPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 May 2001 and has a history of 23 years and nine months. Its registered office is in Vadodara, Gujarat, India.

The Company is engaged in the Pharma Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹1.37 Cr. The company has closed loans amounting to ₹3.40 M, as per Ministry of Corporate Affairs (MCA) records.

Smita Bhatt and Bankish Bhatt serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    palmosilicon.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24231GJ2001PTC039505

  • Company No.

    039505

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 May 2001

  • Date of AGM

    24 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Pharma

What products or services does Palmo Industrial Silicones Private Limited offer?

Palmo Industrial Silicones Private Limited offers a wide range of products and services, including Digestive System Drugs & Medicines, Gastrointestinal Drugs, Chemical Compound, Silicon Compound, Industrial Chemicals & Supplies, Defoamer, Surface Cleaner.

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

Board Members (2)

NameDesignationAppointment DateStatus
Smita Bhatt Country flag representing In Director 08-May-2001Current
Bankish Bhatt Country flag representing 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%.

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
21.04%
Revenue from Operations
21.29%
Total Assets
18.99%
Profit or Loss
29.90%
Net Worth
29.17%
EBITDA
29.50%

What is the Ownership and Shareholding Structure of Palmo Industrial Silicones?

In 2023, Palmo Industrial Silicones 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

₹13.75 M

Satisfied Charges

₹3.40 M

Charges Breakdown by Lending Institutions

  • Others : 1.34 Cr
  • Kotak Mahindra Prime Ltd : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
14 Oct 2016Others₹0.40 MOpen
22 May 2014Others₹1.30 CrOpen
28 Apr 2006Kotak Mahindra Prime Ltd₹0.35 MOpen
20 Nov 2009Central Bank Of India₹1.00 MSatisfied
02 May 2008Central Bank Of India₹2.40 MSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palmo Industrial Silicones, 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 Palmo Industrial Silicones'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 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.