Palms Spa Private Limited

Offers a variety of massage and spa services for men and women, including herbal detox and traditional Thai massages.

2019 | Bangaluru, Karnataka (India) | Active
Last Updated:

Palms Spa Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 5 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 103.70%
  • Profit Growth 86.70%
  • Ebitda 92.47%
  • Net Worth -12.21%
  • Total Assets -26.15%

About Palms Spa

Palms Spa Private Limited (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 July 2019 (Five years and seven months 7 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Health And Wellness Services 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 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Neville Umrigar and Zahan Umrigar serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    palmsspa.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U93000KA2019PTC126604

  • Company No.

    126604

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Jul 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Health and Wellness Services

Who are the key members and board of directors at Palms Spa?

Board Members (2)

NameDesignationAppointment DateStatus
Neville Umrigar Country flag representing In Whole-Time Director 29-Jul-2019Current
Zahan Umrigar Country flag representing In Whole-Time Director 29-Jul-2019Current

Financial Performance of Palms Spa.

Palms Spa Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 103.7% increase. The company also saw a substantial improvement in profitability, with a 86.7% increase in profit. The company's net worth observed a substantial decline by a decrease of 12.21%.

Palms Spa revenue growth over time
Palms Spa 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
103.70%
Revenue from Operations
100.59%
Total Assets
-26.15%
Profit or Loss
86.70%
Net Worth
-12.21%
EBITDA
92.47%

What is the Ownership and Shareholding Structure of Palms Spa?

Unlock access to Palms Spa's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Palms Spa?

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

Employee growth trends for Palms Spa Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palms Spa, 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 Palms Spa's trajectory.

Rating

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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

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Latest Updates, News, and FAQs on Palms Spa

Recent activity within the organization

  • Annual General Meeting

    Palms Spa Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Palms Spa Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Director Appointment

    Neville Jimmy Umrigar was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 29 Jul 2019 & has been associated with this company since 5 years 7 months .

  • Director Appointment

    Zahan Neville Umrigar was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 29 Jul 2019 & has been associated with this company since 5 years 7 months .

  • Company Incorporation

    Palms Spa Private Limited was registered on 29 Jul 2019 with Roc Bangalore & aged 5 years 7 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Palms Spa Private Limited?

    Palms Spa Private Limited was incorporated on 29 Jul 2019.

  • What is authorized share capital and paid-up capital of Palms Spa Private Limited?

    The authorized share capital of Palms Spa Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Palms Spa Private Limited?

    Currently 2 directors are associated with Palms Spa Private Limited.

    • Neville Jimmy Umrigar
    • Zahan Neville Umrigar

  • What is the registered address of Palms Spa Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Palms Spa Private Limited is No. 4 Amruthavarshini 8Th Cross I A Main Iii Block Phase B.S.K. Stage, India, Bangalore South, Karnataka, 560085.

  • What is the corporate identification number (CIN) and company number of Palms Spa Private Limited?

    The corporate identification number (CIN) of Palms Spa Private Limited is U93000KA2019PTC126604 and the company number is 126604 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Palms Spa Private Limited?

    The Official website of Palms Spa Private Limited is https://www.palmsspa.in

  • What has been the recent revenue trend for Palms Spa Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Palms Spa Private Limited has risen by 103.70%.

  • What change has been observed in the net worth of Palms Spa Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Palms Spa Private Limited has experienced an downturn of -12.21%.

  • When was the last Balance Sheet of Palms Spa Private Limited filed with the ROC?

    The most recent Balance Sheet for Palms Spa Private Limited was filed with the ROC on 31 Mar 2023.

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