Piramal Alternatives Private Limited

Investment management and advisory services for Piramal Group.

2018 | Mumbai, Maharashtra (India) | Active
Last Updated: December 24, 2024

Piramal Alternatives Profile

Key Indicators

  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 159.00 Cr
  • Company Age 6 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 11.95%
  • Profit Growth -2266.95%
  • Ebitda -5972.48%
  • Net Worth -217.03%
  • Total Assets 51.51%

About Piramal Alternatives

Piramal Alternatives Private Limited (PAPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 June 2018 (Six years and seven months 27 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Piramal Asset Management Private Limited. The Company is engaged in the Financial Services 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 200.00 Cr and a paid-up capital of Rs 159.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Piramal Alternatives Private Limited India are Dhiren Thakkar as CFO and Shreya Vartak as Company Secretary. Anand Piramal, Kalpesh Kikani, and Fouzia Khan serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65999MH2018PTC310752

  • Company No.

    310752

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jun 2018

  • Date of AGM

    30 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Piramal Alternatives?

Executive Team (3)

Name Designation Appointment Date Status
Kalpesh Kikani Country flag representing In Managing Director 06-Jun-2021 Current
Dhiren Thakkar CFO 29-Mar-2023 Current
Shreya Vartak Company Secretary 11-Oct-2022 Current

Board Members (2)

Name Designation Appointment Date Status
Anand Piramal Country flag representing In Director 14-Jun-2018 Current
Fouzia Khan Director 26-Sep-2024 Current

Financial Performance of Piramal Alternatives.

Piramal Alternatives Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 11.95% increase. The company also saw a substantial fall in profitability, with a 2266.95% decrease in profit. The company's net worth observed a substantial decline by a decrease of 217.03%.

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
11.95%
Revenue from Operations
70.73%
Total Assets
51.51%
Profit or Loss
-2266.95%
Net Worth
-217.03%
EBITDA
-5972.48%

What is the Ownership and Shareholding Structure of Piramal Alternatives?

In 2022, Piramal Alternatives had a promoter holding of 100.00%. 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 Piramal Alternatives?

Piramal Alternatives has a workforce of 30 employees as of Apr 02, 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 Piramal Alternatives, 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 Piramal Alternatives'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 Piramal Alternatives

Recent activity within the organization

  • Director Appointment

    Fouzia Farid Ahmed Qazi Khan was appointed as a Director was appointed as a Director on 26 Sep 2024 & has been associated with this company since 4 months 14 days .

    26 Sep 2024

  • Annual General Meeting

    Piramal Alternatives Private Limited last Annual general meeting of members was held on 30 Aug 2024 as per latest MCA records.

    30 Aug 2024

  • Balance Sheet

    Piramal Alternatives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Dhiren Mahendra Thakkar was appointed as a Cfo was appointed as a Cfo on 29 Mar 2023 & has been associated with this company since 1 year 10 months .

    29 Mar 2023

  • Director Appointment

    Shreya Saurabh Vartak was appointed as a Company Secretary was appointed as a Company Secretary on 11 Oct 2022 & has been associated with this company since 2 years 4 months .

    11 Oct 2022

  • Director Appointment

    Kalpesh Pankaj Kikani was appointed as a Managing Director was appointed as a Managing Director on 06 Jun 2021 & has been associated with this company since 3 years 8 months .

    06 Jun 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Piramal Alternatives Private Limited was incorporated on 14 Jun 2018.

  • The authorized share capital of Piramal Alternatives Private Limited is ₹ 200.00 Cr and paid-up capital is ₹ 159.00 Cr.

  • Currently 5 directors are associated with Piramal Alternatives Private Limited.

    • Anand Ajay Piramal
    • Kalpesh Pankaj Kikani
    • Fouzia Farid Ahmed Qazi Khan
    • Dhiren Mahendra Thakkar
    • Shreya Saurabh Vartak
  • As per Ministry of Corporate Affairs (Mca), the registered address of Piramal Alternatives Private Limited is 4Th Floor Piramal Tower Peninsula Corporate Park G.K. Marg, India, Lower Parel Mumbai, Maharashtra, 400013.

  • The corporate identification number (CIN) of Piramal Alternatives Private Limited is U65999MH2018PTC310752 and the company number is 310752 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Piramal Alternatives Private Limited is https://www.piramal.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Piramal Alternatives Private Limited has risen by 11.95%.

  • As Per 2022 financial reports, 30 employees are currently employed by Piramal Alternatives Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Piramal Alternatives Private Limited has experienced an downturn of -217.03%.

  • The most recent Balance Sheet for Piramal Alternatives Private Limited was filed with the ROC on 31 Mar 2024.

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