Palmsure Solutions Private Limited logo

Palmsure Solutions Private Limited

Specializing in biometric security solutions, including fingerprint and facial recognition technology.
2011 | Bangalore, Karnataka (India) | Active

Last Updated:

July 05, 2024
HomeCompanyPalmsure Solutions Private Limited

Who are the key members and board of directors at Palmsure Solutions?

Board Members(2)

NameDesignationAppointment DateStatus
Vinay Nagaraj In Director 22-Nov-2011Current
Chaya Vinay In Director 22-Nov-2011Current

Financial Performance of Palmsure Solutions.

Palmsure Solutions Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 23.69% decrease. The company also saw a substantial improvement in profitability, with a 50.61% increase in profit. The company's net worth moved up by a moderate rise of 4.91%.

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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
-23.69%
Revenue from Operations
-23.68%
Total Assets
-12.59%
Profit or Loss
50.61%
Net Worth
4.91%
EBITDA
-12.66%

Charges (Loans)

Open Charges

₹17.90 M

LenderAmountStatus

State Bank Of India

Creation Date: 10 Jan 2022
₹0.70 MOpen

State Bank Of India

Creation Date: 20 Feb 2019
₹1.02 CrOpen

State Bank Of Mysore

Creation Date: 26 Aug 2013
₹2.00 MOpen

How Many Employees Work at Palmsure Solutions?

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

Employee Graph

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Latest Updates, News, and FAQs on Palmsure Solutions

Recent activity within the organization

  • Annual General Meeting

    Palmsure Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Palmsure Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.

    31 Mar 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.70 M with Charge ID 100535220 was registered on 10 Jan 2022.

    10 Jan 2022

  • Charges

    A charge with State Bank Of India of Rs. 10.20 M registered on 20 Feb 2019 with Charge ID 100245321 was modified on 01 Jun 2020.

    01 Jun 2020

  • Charges

    A charge with State Bank Of India amounted to Rs. 10.20 M with Charge ID 100245321 was registered on 20 Feb 2019.

    20 Feb 2019

  • Charges

    A charge with Others of Rs. 5.00 M registered on 19 Mar 2012 with Charge ID 10346941 was modified on 08 Jul 2016.

    08 Jul 2016

Frequently asked questions

  • Palmsure Solutions Private Limited was incorporated on 22 Nov 2011.

  • The authorized share capital of Palmsure Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Palmsure Solutions Private Limited.

    • Vinay Kuppahalli Nagaraj
    • Chaya Vinay
  • As per Ministry of Corporate Affairs (Mca), the registered address of Palmsure Solutions Private Limited is No.3 Hemagiri 1St Floor 7Th Main Mysore Bank Colony Bsk 1St Stage, Bangalore, Karnataka, India, 560050.

  • The corporate identification number (CIN) of Palmsure Solutions Private Limited is U31401KA2011PTC061275 and the company number is 061275 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Palmsure Solutions Private Limited is https://www.palmsure.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Palmsure Solutions Private Limited has fallen by -23.69%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Palmsure Solutions Private Limited has experienced an upsurge of 4.91%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Palmsure Solutions Private Limited amount to ₹ 1.79 Cr.

  • The most recent Balance Sheet for Palmsure Solutions Private Limited was filed with the ROC on 31 Mar 2022.

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