Park Palace Limited

Real estate company specializing in TV sales and acquisitions.

1975 | Kolkata, West Bengal (India) | Active
Last Updated: December 28, 2024

Park Palace Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.34 M
  • Company Age 49 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -46.18%
  • Profit Growth -1.95%
  • Ebitda -12.86%
  • Net Worth 17.04%
  • Total Assets 4.07%

About Park Palace

Park Palace Limited (PPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 May 1975 and has a history of 49 years and nine months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Park Palace Private Limited. The Company is engaged in the Consumer Electronics & Durables 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 2.00 M and a paid-up capital of Rs 1.34 M, as per Ministry of Corporate Affairs (MCA) records.

Sudarshan Seth, Lokesh Bhasin, Swati Bhasin, and One other member serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70101WB1975PTC030005

  • Company No.

    030005

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 May 1975

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Park Palace?

Board Members (4)

Name Designation Appointment Date Status
Sudarshan Seth Country flag representing In Director 06-Jun-2016 Current
Lokesh Bhasin Country flag representing In Director 06-Jun-2016 Current
Swati Bhasin Country flag representing In Director 06-Jun-2016 Current
Shashi Bhasin Country flag representing In Additional Director 18-Apr-2017 Current

Financial Performance of Park Palace.

Park Palace Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 46.18% decrease. The company also saw a slight decrease in profitability, with a 1.95% decrease in profit. The company's net worth Soared by an impressive increase of 17.04%.

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
-46.18%
Revenue from Operations
-61.70%
Total Assets
4.07%
Profit or Loss
-1.95%
Net Worth
17.04%
EBITDA
-12.86%

What is the Ownership and Shareholding Structure of Park Palace?

In 2020, Park Palace had a promoter holding of 92.52% and a public holding of 7.48%. 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 Park Palace?

Unlock and access historical data on people associated with Park Palace, 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 Park Palace, 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 Park Palace'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 Park Palace

Recent activity within the organization

  • Annual General Meeting

    Park Palace Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Park Palace Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Director Appointment

    Shashi Bhasin was appointed as a Additional Director was appointed as a Additional Director on 18 Apr 2017 & has been associated with this company since 7 years 9 months .

    18 Apr 2017

  • Director Appointment

    Sudarshan Kumar Seth was appointed as a Director was appointed as a Director on 06 Jun 2016 & has been associated with this company since 8 years 8 months .

    06 Jun 2016

  • Director Appointment

    Lokesh Bhasin was appointed as a Director was appointed as a Director on 06 Jun 2016 & has been associated with this company since 8 years 8 months .

    06 Jun 2016

  • Director Appointment

    Swati Bhasin was appointed as a Director was appointed as a Director on 06 Jun 2016 & has been associated with this company since 8 years 8 months .

    06 Jun 2016

Frequently asked questions

  • Park Palace Limited was incorporated on 07 May 1975.

  • The authorized share capital of Park Palace Limited is ₹ 2.00 M and paid-up capital is ₹ 1.34 M.

  • Currently 4 directors are associated with Park Palace Limited.

    • Sudarshan Kumar Seth
    • Lokesh Bhasin
    • Swati Bhasin
    • Shashi Bhasin
  • As per Ministry of Corporate Affairs (Mca), the registered address of Park Palace Limited is 83 Linton Street 2Nd Floor, Flat No 5 India, Kolkata, West Bengal, 700014.

  • The corporate identification number (CIN) of Park Palace Limited is U70101WB1975PTC030005 and the company number is 030005 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Park Palace Limited has fallen by -46.18%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Park Palace Limited has experienced an upsurge of 17.04%.

  • The most recent Balance Sheet for Park Palace Limited was filed with the ROC on 31 Mar 2024.

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