Payal International Limited
Manufacturer and supplier of carpets, handicraft goods, and durries since 1983.
1983 | Delhi (India) | Active
Payal International Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.20 Cr
- Company Age 41 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.59 Cr
- Satisfied Charges ₹ 21.67 Cr
- Revenue Growth 94.29%
- Profit Growth 47.88%
- Ebitda 3546.13%
- Net Worth -5.25%
- Total Assets -7.00%
About Payal International
Payal International Limited (PIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 December 1983 and has a history of 41 years and four months. Its registered office is in Delhi, India.
The Company is engaged in the Home & Lifestyle 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 Cr and a paid-up capital of Rs 1.20 Cr.
The company currently has active open charges totaling ₹6.59 Cr. The company has closed loans amounting to ₹21.67 Cr, as per Ministry of Corporate Affairs (MCA) records.
Akash Mittal, Badal Mittal, Arti Mittal, and One other member serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74899DL1983PLC017055
- Company No.
017055
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
05 Dec 1983
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Home & Lifestyle
Payal International Limited
Explore comprehensive data for Payal International Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Payal International?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Akash Mittal  | Managing Director | 29-Jun-2005 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Badal Mittal | Director | 29-Jun-2005 | Current |
| Arti Mittal | Director | 11-Feb-2015 | Current |
| Abha Mittal | Director | 31-Jul-1999 | Current |
Financial Performance of Payal International.
Payal International Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 94.29% increase. The company also saw a substantial improvement in profitability, with a 47.88% increase in profit. The company's net worth dipped by a decrease of 5.25%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Payal International?
In 2021, Payal International had a promoter holding of 58.58% and a public holding of 41.42%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
The Indian Silk Export Promotion CouncilAkash Mittal is a mutual person
- Raja Rani Overseas Private Ltd.
Akash Mittal, Badal Mittal and 2 more are mutual person
- Payal Finlease Private Limited
Akash Mittal, Badal Mittal and 1 more are mutual person
Charges (Loans)
Open Charges
₹6.59 Cr
Satisfied Charges
₹21.67 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 5.94 Cr
- Others : 0.65 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2024 | Others | ₹6.50 M | Open |
| 24 Feb 1984 | Canara Bank | ₹5.94 Cr | Open |
| 30 Sep 2016 | Hdfc Bank Limited | ₹3.50 M | Satisfied |
| 30 Sep 2016 | Hdfc Bank Limited | ₹2.50 M | Satisfied |
| 21 Jan 2015 | Hdfc Bank Limited | ₹4.50 M | Satisfied |
How Many Employees Work at Payal International?
Payal International has a workforce of 7 employees as of Apr 03, 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 Payal International, 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 Payal International'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 Payal International
Recent activity within the organization
- Annual General Meeting
Payal International Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 0.65 Cr with Charge ID 100907922 was registered on 31 Mar 2024.
- Balance Sheet
Payal International Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge with Canara Bank of Rs. 5.94 Cr registered on 24 Feb 1984 with Charge ID 80058611 was modified on 11 Nov 2021.
- Charges
A charge registered on 21 Jan 2015 via Charge ID 10556633 with Hdfc Bank Limited was fully satisfied on 06 Jan 2020.
- Charges
A charge registered on 20 Dec 2014 via Charge ID 10567541 with Hdfc Bank Limited was fully satisfied on 06 Dec 2019.
Frequently asked questions
What is the Incorporation or founding date of Payal International Limited?
Payal International Limited was incorporated on 05 Dec 1983.
What is authorized share capital and paid-up capital of Payal International Limited?
The authorized share capital of Payal International Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.20 Cr.
Who are the current board members & directors of Payal International Limited?
Currently 4 directors are associated with Payal International Limited.
- Akash Mittal
- Badal Mittal
- Arti Mittal
- Abha Mittal
What is the registered address of Payal International Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Payal International Limited is E-29, South Extension Part-11 India, New Delhi, 110049.
What is the corporate identification number (CIN) and company number of Payal International Limited?
The corporate identification number (CIN) of Payal International Limited is U74899DL1983PLC017055 and the company number is 017055 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Payal International Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Payal International Limited has risen by 94.29%.
How many employees does Payal International Limited currently have?
As Per 2022 financial reports, 7 employees are currently employed by Payal International Limited.
What change has been observed in the net worth of Payal International Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Payal International Limited has experienced an downturn of -5.25%.
What are the total open charges for Payal International Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Payal International Limited amount to ₹ 6.59 Cr.
When was the last Balance Sheet of Payal International Limited filed with the ROC?
The most recent Balance Sheet for Payal International Limited was filed with the ROC on 31 Mar 2024.
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