Paltech Cooling Towers & Equipments Profile
Key Indicators
- Authorised Capital ₹ 7.50 Cr
as on 23-10-2024
- Paid Up Capital ₹ 2.73 Cr
as on 23-10-2024
- Company Age 30 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 23.30 Cr
as on 23-10-2024
- Satisfied Charges ₹ 24.70 Cr
as on 23-10-2024
- Revenue 13.96%
(FY 2023)
- Profit -19.05%
(FY 2023)
- Ebitda 14.23%
(FY 2023)
- Net Worth 3.62%
(FY 2023)
- Total Assets -3.86%
(FY 2023)
About Paltech Cooling Towers & Equipments
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.
- 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
Company Details
- Location
Gurugram, Haryana, India
- Telephone
- Email Address
- Website
- Social Media
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.
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)
Charges (Loans)
₹23.30 Cr
₹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.
