Panagarh Palsit Road Private Limited

Develops and operates a 67.75km lane expansion project on NH-19 in West Bengal.

2021 | Gandhi Nagar, Gujarat (India) | Active
Last Updated: November 02, 2024

Panagarh Palsit Road Profile

Key Indicators

  • Authorised Capital ₹ 150.00 Cr
  • Paid Up Capital ₹ 111.00 Cr
  • Company Age 3 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,700.00 Cr
  • Satisfied Charges ₹ 116.00 Cr
  • Revenue Growth -66.82%
  • Profit Growth 74.71%
  • Ebitda -7.97%
  • Net Worth 3084.46%
  • Total Assets 3050.30%

About Panagarh Palsit Road

Panagarh Palsit Road Private Limited (PPRPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 April 2021 (Three years and nine months 20 days old ). Its registered office is in Gandhi Nagar, Gujarat, India.

The Company is engaged in the Infrastructure And Utilities 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 150.00 Cr and a paid-up capital of Rs 111.00 Cr.

The company currently has active open charges totaling ₹1,700.00 Cr. The company has closed loans amounting to ₹116.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Magnani Rajeshkumar, Manish Jain, and Nikhil Kumar serve as directors at the Company.

Company Details

  • Location

    Gandhi Nagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45309GJ2021PTC121969

  • Company No.

    121969

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Apr 2021

  • Date of AGM

    21 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Panagarh Palsit Road?

Board Members (3)

Name Designation Appointment Date Status
Magnani Rajeshkumar Country flag representing In Director 29-Jan-2024 Current
Manish Jain Country flag representing In Additional Director 17-Mar-2023 Current
Nikhil Kumar Country flag representing In Director 13-Apr-2021 Current

Financial Performance of Panagarh Palsit Road.

Panagarh Palsit Road Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 66.82% decrease. The company also saw a substantial improvement in profitability, with a 74.71% increase in profit. The company's net worth Soared by an impressive increase of 3084.46%.

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
-66.82%
Revenue from Operations
Total Assets
3050.30%
Profit or Loss
74.71%
Net Worth
3084.46%
EBITDA
-7.97%

What is the Ownership and Shareholding Structure of Panagarh Palsit Road?

In 2023, Panagarh Palsit Road had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,700.00 Cr

Satisfied Charges

₹116.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 1700.00 Cr

Latest Charge Details

Date Lender Amount Status
07 Dec 2021 Others ₹1,700.00 Cr Open
09 Dec 2021 Others ₹116.00 Cr Satisfied

How Many Employees Work at Panagarh Palsit Road?

Panagarh Palsit Road has a workforce of 15 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Panagarh Palsit Road, 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 Panagarh Palsit Road'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 Panagarh Palsit Road

Recent activity within the organization

  • Annual General Meeting

    Panagarh Palsit Road Private Limited last Annual general meeting of members was held on 21 Jun 2024 as per latest MCA records.

    21 Jun 2024

  • Balance Sheet

    Panagarh Palsit Road Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Magnani Bhavinkumar Rajeshkumar was appointed as a Director was appointed as a Director on 29 Jan 2024 & has been associated with this company since 1 year 3 days .

    29 Jan 2024

  • Charges

    A charge registered on 09 Dec 2021 via Charge ID 100517009 with Others was fully satisfied on 12 Jul 2023.

    12 Jul 2023

  • Director Appointment

    Manish Gajendrakumar Jain was appointed as a Additional Director was appointed as a Additional Director on 17 Mar 2023 & has been associated with this company since 1 year 10 months .

    17 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 116.00 Cr with Charge ID 100517009 was registered on 09 Dec 2021.

    09 Dec 2021

Frequently asked questions

  • Panagarh Palsit Road Private Limited was incorporated on 13 Apr 2021.

  • The authorized share capital of Panagarh Palsit Road Private Limited is ₹ 150.00 Cr and paid-up capital is ₹ 111.00 Cr.

  • Currently 3 directors are associated with Panagarh Palsit Road Private Limited.

    • Magnani Bhavinkumar Rajeshkumar
    • Manish Gajendrakumar Jain
    • Nikhil Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Panagarh Palsit Road Private Limited is Adani Corporate House Shantigram Nr. Vaishnodevi Circle S.G.Highway, Khodiyar India, Ahmedabad, Gujarat, 382421.

  • The corporate identification number (CIN) of Panagarh Palsit Road Private Limited is U45309GJ2021PTC121969 and the company number is 121969 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Panagarh Palsit Road Private Limited is https://www.adani.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Panagarh Palsit Road Private Limited has fallen by -66.82%.

  • As Per 2023 financial reports, 15 employees are currently employed by Panagarh Palsit Road Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Panagarh Palsit Road Private Limited has experienced an upsurge of 3084.46%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Panagarh Palsit Road Private Limited amount to ₹ 1,700.00 Cr.

  • The most recent Balance Sheet for Panagarh Palsit Road Private Limited was filed with the ROC on 31 Mar 2024.

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