Palred Technologies Profile
Key Indicators
- Authorised Capital ₹ 35.00 Cr
- Paid Up Capital ₹ 12.23 Cr
- Company Age 25 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 71.38 Cr
- Satisfied Charges ₹ 80.28 Cr
- Revenue Growth 55.20%
- Profit Growth -31.26%
- Ebitda 79.23%
- Net Worth 70.55%
- Total Assets 69.20%
About Palred Technologies
Palred Technologies Limited (PTL) is a Public Limited Indian Non-Government Company incorporated in India on 24 December 1999 and has a history of 25 years and two months. Its registered office is in Hyderabad, Telangana, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532521 and on the National Stock Exchange(NSE) under PALREDTEC.
The Corporate was formerly known as Four Soft Limited. The Company is engaged in the E-Commerce 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 35.00 Cr and a paid-up capital of Rs 12.23 Cr.
The company currently has active open charges totaling ₹71.38 Cr. The company has closed loans amounting to ₹80.28 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Palred Technologies Limited India are Pinekalapati Naidu as CFO and Shruti Rege as Company Secretary. Srikar Reddy, Supriya Palem, Vijaya Sribhashyam, and Three 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
Industry
What products or services does Palred Technologies Limited offer?
Palred Technologies Limited offers a wide range of products and services, including Computer Hard Disk, RAM & Pen Drives, Pen Drive, Mobile Phone & Accessories, Mobile Cover.
Who are the key members and board of directors at Palred Technologies?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Supriya Palem  | Managing Director | 31-Aug-2020 | Current |
| Pinekalapati Naidu | CFO | 25-Mar-2019 | Current |
| Shruti Rege | Company Secretary | 05-Aug-2019 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Srikar Reddy | Director | 31-Aug-2020 | Current |
| Vijaya Sribhashyam | Director | 14-May-2015 | Current |
| Atul Sharma | Director | 14-May-2015 | Current |
| Aakanksha | Director | 25-Jun-2020 | Current |
| Stuthi Reddy | Director | 31-Aug-2020 | Current |
Financial Performance of Palred Technologies.
Palred Technologies Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 55.2% increase. The company also saw a substantial fall in profitability, with a 31.26% decrease in profit. The company's net worth Soared by an impressive increase of 70.55%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Palred Technologies?
In 2022, Palred Technologies had a promoter holding of 37.78% and a public holding of 62.22%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Palred Retail Private LimitedVijaya Sribhashyam and Stuthi Reddy are mutual person
Bandaram Pharma Packtech LimitedAakanksha is a mutual person
Visaka Industries Ltd.Srikar Reddy is a mutual person
Sonata Software LimitedSrikar Reddy is a mutual person
- Sonata Information Technology Limited
Srikar Reddy is a mutual person
Palred Electronics Private LimitedVijaya Sribhashyam, Shruti Rege and 1 more are mutual person
Charges (Loans)
₹71.38 Cr
₹80.28 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 70.98 Cr
- Punjab National Bank (International) Limited : 0.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Aug 2023 | Axis Bank Limited | ₹70.98 Cr | Open |
| 11 Dec 2011 | Punjab National Bank (International) Limited | ₹4.00 M | Open |
| 12 Apr 2013 | Punjab National Bank (International) Limited | ₹17.83 Cr | Satisfied |
| 25 Jan 2007 | Unit Trust Of India Investment Advisory Services Limited | ₹62.45 Cr | Satisfied |
How Many Employees Work at Palred Technologies?
Palred Technologies has a workforce of 4 employees as of Apr 07, 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 Technologies, 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 Technologies'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.
