Paltech Cooling Towers & Equipments Profile
Key Indicators
- Authorised Capital ₹ 7.50 Cr
- Paid Up Capital ₹ 2.73 Cr
- Company Age 31 Year, 3 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 23.30 Cr
- Satisfied Charges ₹ 24.70 Cr
- Revenue Growth 13.96%
- Profit Growth -19.05%
- Ebitda 14.23%
- Net Worth 3.62%
- Total Assets -3.86%
About Paltech Cooling Towers & Equipments
Paltech Cooling Towers & Equipments Limited (PCTEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 May 1994 and has a history of 31 years. Its registered office is in Gurugram, Haryana, India.
The Corporate was formerly known as Paltech Cooling Towers & Equipments Pvt Limited. The Company is engaged in the Machinery And Equipment 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 7.50 Cr and a paid-up capital of Rs 2.73 Cr.
The company currently has active open charges totaling ₹23.30 Cr. The company has closed loans amounting to ₹24.70 Cr, as per Ministry of Corporate Affairs (MCA) records.
Hari Yadav, Sanjiv Bansal, and Siddarth Yadav serve as directors at the Company.
Company Details
- Location
Gurugram, Haryana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74899HR1994PLC038579
- Company No.
038579
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
06 May 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Machinery and Equipment
What products or services does Paltech Cooling Towers & Equipments Limited offer?
Paltech Cooling Towers & Equipments Limited offers a wide range of products and services, including Cooling Tower, Heat Exchanger, Parts, Cooling Towers, Turnkey Consultants & Solutions, Turnkey Projects, Industrial Coolers, Blowers & Fans, Axial Fans, Brackets, Holder & Hardware Fittings, Aluminium Profiles, Water Chillers, Water Cooled Chillers.
Paltech Cooling Towers & Equipments Limited
Explore comprehensive data for Paltech Cooling Towers & Equipments Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Paltech Cooling Towers & Equipments?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hari Yadav  | Managing Director | 06-May-1994 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sanjiv Bansal | Whole-Time Director | 10-May-2003 | Current |
| Siddarth Yadav | Whole-Time Director | 10-Jun-2017 | Current |
Financial Performance of Paltech Cooling Towers & Equipments.
Paltech Cooling Towers & Equipments Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.96% increase. The company also saw a substantial fall in profitability, with a 19.05% decrease in profit. The company's net worth moved up by a moderate rise of 3.62%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Paltech Cooling Towers & Equipments?
In 2023, Paltech Cooling Towers & Equipments had a promoter holding of 95.99% and a public holding of 4.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Paltech Tours & Travels Private LimitedHari Yadav is a mutual person
- Karishma Media Creations Private Limited
Hari Yadav is a mutual person
- Sea Hawk Overseas Private Limited
Siddarth Yadav is a mutual person
Charges (Loans)
Open Charges
₹23.30 Cr
Satisfied Charges
₹24.70 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 23.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Sep 2011 | State Bank Of India | ₹23.30 Cr | Open |
| 27 Nov 2014 | Small Industries Development Bank Of India | ₹3.00 Cr | Satisfied |
| 25 Jan 2012 | Electronica Finance Limited | ₹6.51 M | Satisfied |
| 25 Jan 2012 | Electronica Finance Limited | ₹4.27 M | Satisfied |
| 28 Mar 2007 | State Bank Of India | ₹19.00 Cr | Satisfied |
How Many Employees Work at Paltech Cooling Towers & Equipments?
Paltech Cooling Towers & Equipments has a workforce of 50 employees as of Mar 29, 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 Paltech Cooling Towers & Equipments, 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 Paltech Cooling Towers & Equipments'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 Paltech Cooling Towers & Equipments
Recent activity within the organization
- Annual General Meeting
Paltech Cooling Towers & Equipments Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Paltech Cooling Towers & Equipments Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge registered on 27 Nov 2014 via Charge ID 10533434 with Small Industries Development Bank Of India was fully satisfied on 01 Dec 2023.
- Charges
A charge registered on 25 Jan 2012 via Charge ID 10335373 with Electronica Finance Limited was fully satisfied on 09 Dec 2021.
- Charges
A charge registered on 28 Mar 2007 via Charge ID 10045405 with State Bank Of India was fully satisfied on 01 Oct 2020.
- Charges
A charge registered on 02 Aug 2002 via Charge ID 90057830 with State Bank Of India was fully satisfied on 01 Oct 2020.
Frequently asked questions
What is the Incorporation or founding date of Paltech Cooling Towers & Equipments Limited?
Paltech Cooling Towers & Equipments Limited was incorporated on 06 May 1994.
What is authorized share capital and paid-up capital of Paltech Cooling Towers & Equipments Limited?
The authorized share capital of Paltech Cooling Towers & Equipments Limited is ₹ 7.50 Cr and paid-up capital is ₹ 2.73 Cr.
Who are the current board members & directors of Paltech Cooling Towers & Equipments Limited?
Currently 3 directors are associated with Paltech Cooling Towers & Equipments Limited.
- Hari Pal Yadav
- Sanjiv Bansal
- Siddarth Yadav
What is the registered address of Paltech Cooling Towers & Equipments Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Paltech Cooling Towers & Equipments Limited is Plot No 26 26A Roz Meo Industrial Area, Phase-I India, Sohna, Haryana, 122103.
What is the corporate identification number (CIN) and company number of Paltech Cooling Towers & Equipments Limited?
The corporate identification number (CIN) of Paltech Cooling Towers & Equipments Limited is U74899HR1994PLC038579 and the company number is 038579 as per Ministry of Corporate Affairs (MCA).
What is the official website of Paltech Cooling Towers & Equipments Limited?
The Official website of Paltech Cooling Towers & Equipments Limited is https://www.paltech.in
What has been the recent revenue trend for Paltech Cooling Towers & Equipments Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Paltech Cooling Towers & Equipments Limited has risen by 13.96%.
How many employees does Paltech Cooling Towers & Equipments Limited currently have?
As Per 2023 financial reports, 50 employees are currently employed by Paltech Cooling Towers & Equipments Limited.
What change has been observed in the net worth of Paltech Cooling Towers & Equipments Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Paltech Cooling Towers & Equipments Limited has experienced an upsurge of 3.62%.
What are the total open charges for Paltech Cooling Towers & Equipments Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Paltech Cooling Towers & Equipments Limited amount to ₹ 23.30 Cr.
When was the last Balance Sheet of Paltech Cooling Towers & Equipments Limited filed with the ROC?
The most recent Balance Sheet for Paltech Cooling Towers & Equipments Limited was filed with the ROC on 31 Mar 2024.
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