Palred Electronics Profile
Key Indicators
- Authorised Capital ₹ 43.00 Cr
- Paid Up Capital ₹ 32.64 Cr
- Company Age 13 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- 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 13 years and ten months. 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 2023. 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, Vijaya Sribhashyam, Pinekalapati Naidu, and Two other members serve as directors at the Company.
Company Details
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Location
Hyderabad, Telangana, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U22222TG2011PTC073292
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Company No.
073292
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
15 Mar 2011
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Date of AGM
08 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Hyderabad
Industry
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.
Who are the key members and board of directors at Palred Electronics?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ameen Khwaja
|
Managing Director | 15-Mar-2011 | Current |
| Shruti Rege | Company Secretary | 07-Aug-2019 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Vijaya Sribhashyam
|
Director | 24-Aug-2014 | Current |
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Pinekalapati Naidu
|
Director | 14-Nov-2014 | Current |
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Stuthi Reddy
|
Director | 31-Aug-2020 | Current |
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Venkata Yeluripati
|
Director | 22-Feb-2017 | 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%.
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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)
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Palred Retail Private LimitedAmeen Khwaja, Vijaya Sribhashyam and 3 more are mutual person
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Palred Technology Services Private LimitedAmeen Khwaja, Vijaya Sribhashyam and 2 more are mutual person
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Palred Technologies Limited
Vijaya Sribhashyam, Stuthi Reddy and 1 more are mutual person
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Travancore Holistic Research Private LimitedVenkata Yeluripati is a mutual person
Charges (Loans)
₹70.98 Cr
₹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.
