Palred Electronics Profile
Key Indicators
- Authorised Capital ₹ 43.00 Cr
- Paid Up Capital ₹ 32.64 Cr
- Company Age 14 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 70.98 Cr
- Satisfied Charges ₹ 30.00 Cr
- Revenue Growth 15.64%
- Profit Growth -378.87%
- Ebitda -39.07%
- Net Worth -12.89%
- Total Assets 58.59%
About Palred Electronics
Palred Electronics Private Limited (PEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 March 2011 and has a history of 14 years and one month. Its registered office is in Hyderabad, Telangana, India.
The Corporate was formerly known as Palpremium Online Media Private Limited. The Company is engaged in the Consumer Electronics & Durables 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 43.00 Cr and a paid-up capital of Rs 32.64 Cr.
The company currently has active open charges totaling ₹70.98 Cr. The company has closed loans amounting to ₹30.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Palred Electronics Private Limited India is Shruti Rege as COMPANY SECRETARY. Ameen Khwaja, Venkata Yeluripati, Stuthi Reddy, and Two other members serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U22222TG2011PTC073292
- Company No.
073292
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Mar 2011
- Date of AGM
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Consumer Electronics & Durables
What products or services does Palred Electronics Private Limited offer?
Palred Electronics Private Limited offers a wide range of products and services, including Mobile Cover, Samsung Mobile Cover, Router, Cables & Networking Devices, AV Cable, Wrist Watch, Leather Wrist Watches, Bluetooth Speaker, Wireless Bluetooth Speakers, Clocks and Watches, Power Bank.
Palred Electronics Private Limited
Explore comprehensive data for Palred Electronics Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Palred Electronics?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ameen Khwaja  | Managing Director | 14-Nov-2014 | Current |
| Shruti Rege | Company Secretary | 07-Aug-2019 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Venkata Yeluripati | Director | 22-Feb-2017 | Current |
| Stuthi Reddy | Director | 31-Aug-2020 | Current |
| Pinekalapati Naidu | Director | 14-Nov-2014 | Current |
| Vijaya Sribhashyam | Director | 24-Aug-2014 | Current |
Financial Performance of Palred Electronics.
Palred Electronics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.64% increase. The company also saw a substantial fall in profitability, with a 378.87% decrease in profit. The company's net worth observed a substantial decline by a decrease of 12.89%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Palred Electronics?
In 2023, Palred Electronics had a promoter holding of 79.48% and a public holding of 20.53%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Palred Retail Private LimitedAmeen Khwaja, Venkata Yeluripati and 3 more are mutual person
- Palred Technology Services Private Limited
Ameen Khwaja, Stuthi Reddy and 2 more are mutual person
- Palred Technologies Limited
Stuthi Reddy, Vijaya Sribhashyam and 1 more are mutual person
Travancore Holistic Research Private LimitedVenkata Yeluripati is a mutual person
Charges (Loans)
Open Charges
₹70.98 Cr
Satisfied Charges
₹30.00 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 70.98 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Aug 2023 | Axis Bank Limited | ₹70.98 Cr | Open |
| 24 Sep 2020 | Others | ₹30.00 Cr | Satisfied |
How Many Employees Work at Palred Electronics?
Palred Electronics has a workforce of 458 employees as of Apr 11, 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 Palred Electronics, 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 Palred Electronics'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.
Latest Updates, News, and FAQs on Palred Electronics
Recent activity within the organization
- Annual General Meeting
Palred Electronics Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
- Balance Sheet
Palred Electronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Charges
A charge with Axis Bank Limited of Rs. 70.98 Cr registered on 28 Aug 2023 with Charge ID 100784027 was modified on 11 Dec 2023.
- Charges
A charge registered on 24 Sep 2020 via Charge ID 100378970 with Others was fully satisfied on 29 Sep 2023.
- Charges
A charge with Axis Bank Limited amounted to Rs. 70.98 Cr with Charge ID 100784027 was registered on 28 Aug 2023.
- Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100378970 was registered on 24 Sep 2020.
Recent News, Updates & Announcement
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Frequently asked questions
What is the Incorporation or founding date of Palred Electronics Private Limited?
Palred Electronics Private Limited was incorporated on 15 Mar 2011.
What is authorized share capital and paid-up capital of Palred Electronics Private Limited?
The authorized share capital of Palred Electronics Private Limited is ₹ 43.00 Cr and paid-up capital is ₹ 32.64 Cr.
Who are the current board members & directors of Palred Electronics Private Limited?
Currently 6 directors are associated with Palred Electronics Private Limited.
- Ameen Ashik Khwaja
- Venkata Ratna Srinivas Yeluripati
- Stuthi Reddy
- Pinekalapati Harish Naidu
- Vijaya Saradhi Sribhashyam
- Shruti Mangesh Rege
What is the registered address of Palred Electronics Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Palred Electronics Private Limited is H.No. 8-2-703/2/B Plot.No.2 Road.No.12, Banjara Hill India, Hyderabad, Telangana, 500034.
What is the corporate identification number (CIN) and company number of Palred Electronics Private Limited?
The corporate identification number (CIN) of Palred Electronics Private Limited is U22222TG2011PTC073292 and the company number is 073292 as per Ministry of Corporate Affairs (MCA).
What is the official website of Palred Electronics Private Limited?
The Official website of Palred Electronics Private Limited is https://www.palred.com
What has been the recent revenue trend for Palred Electronics Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Palred Electronics Private Limited has risen by 15.64%.
How many employees does Palred Electronics Private Limited currently have?
As Per 2023 financial reports, 458 employees are currently employed by Palred Electronics Private Limited.
What change has been observed in the net worth of Palred Electronics Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Palred Electronics Private Limited has experienced an downturn of -12.89%.
What are the total open charges for Palred Electronics Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Palred Electronics Private Limited amount to ₹ 70.98 Cr.
When was the last Balance Sheet of Palred Electronics Private Limited filed with the ROC?
The most recent Balance Sheet for Palred Electronics Private Limited was filed with the ROC on 31 Mar 2024.
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