Palsmith Advisors Private Limited

Financial and advisory services company incorporated in 2005, based in Mumbai, Maharashtra.

2005 | Mumbai, Maharashtra (India) | Active
Last Updated: January 30, 2025

Palsmith Advisors Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.00 M
  • Company Age 19 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 83632.06%
  • Profit Growth 99.40%
  • Ebitda 97.25%
  • Net Worth -1.62%
  • Total Assets -3.63%

About Palsmith Advisors

Palsmith Advisors Private Limited (PAPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 September 2005 and has a history of 19 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Palsmith Investment Advisory Services Private Limited. The Company is engaged in the Business Outsourcing 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 Cr and a paid-up capital of Rs 6.00 M, as per Ministry of Corporate Affairs (MCA) records.

Sanjay Shah and Paras Desai serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67120MH2005PTC155990

  • Company No.

    155990

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Sep 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Business Outsourcing

Who are the key members and board of directors at Palsmith Advisors?

Board Members (2)

Name Designation Appointment Date Status
Sanjay Shah Country flag representing In Director 03-Apr-2023 Current
Paras Desai Country flag representing In Director 11-Mar-2020 Current

Financial Performance of Palsmith Advisors.

Palsmith Advisors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 83632.06% increase. The company also saw a substantial improvement in profitability, with a 99.4% increase in profit. The company's net worth dipped by a decrease of 1.62%.

Graph illustrating revenue growth over time
Graph showing 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
83632.06%
Revenue from Operations
Total Assets
-3.63%
Profit or Loss
99.40%
Net Worth
-1.62%
EBITDA
97.25%

What is the Ownership and Shareholding Structure of Palsmith Advisors?

In 2023, Palsmith Advisors had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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 Palsmith Advisors?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palsmith Advisors, 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 Palsmith Advisors's trajectory.

Rating

Graph displaying rating trends over time

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

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 Palsmith Advisors

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Director Appointment

    Sanjay Nathalal Shah was appointed as a Director was appointed as a Director on 03 Apr 2023 & has been associated with this company since 1 year 10 months .

    03 Apr 2023

  • Balance Sheet

    Palsmith Advisors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Paras Hansrajbhai Desai was appointed as a Director was appointed as a Director on 11 Mar 2020 & has been associated with this company since 4 years 10 months .

    11 Mar 2020

  • Company Incorporation

    Palsmith Advisors Private Limited was registered on 12 Sep 2005 with Roc Mumbai & aged 19 years 4 months as per MCA records.

    12 Sep 2005

Frequently asked questions

  • Palsmith Advisors Private Limited was incorporated on 12 Sep 2005.

  • The authorized share capital of Palsmith Advisors Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.00 M.

  • Currently 2 directors are associated with Palsmith Advisors Private Limited.

    • Sanjay Nathalal Shah
    • Paras Hansrajbhai Desai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Palsmith Advisors Private Limited is 702 7Th Floor Shah Trade Center Rani Sati Marg, Malad (East) India, Mumbai, Maharashtra, 400097.

  • The corporate identification number (CIN) of Palsmith Advisors Private Limited is U67120MH2005PTC155990 and the company number is 155990 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Palsmith Advisors Private Limited has risen by 83632.06%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Palsmith Advisors Private Limited has experienced an downturn of -1.62%.

  • The most recent Balance Sheet for Palsmith Advisors Private Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Business & IT Consulting