Power Palazzo Profile
Key Indicators
- Authorised Capital ₹ 7.50 Cr
- Paid Up Capital ₹ 6.01 Cr
- Company Age 16 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.00 Cr
- Satisfied Charges ₹ 44.75 Cr
- Revenue Growth -62.07%
- Profit Growth -67.38%
- Ebitda -93.66%
- Net Worth 8.15%
- Total Assets -5.12%
About Power Palazzo
Power Palazzo Private Limited (PPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 March 2008 and has a history of 16 years and 11 months. Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 7.50 Cr and a paid-up capital of Rs 6.01 Cr.
The company currently has active open charges totaling ₹10.00 Cr. The company has closed loans amounting to ₹44.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kavitaben Shah, Ishani Shah, and Raj Shah serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31900GJ2008PTC053176
- Company No.
053176
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Mar 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Information Technology
What products or services does Power Palazzo Private Limited offer?
Power Palazzo Private Limited offers a wide range of products and services, including Indoor Lights & Lighting Accessories, LED Driver, Power Supply Systems, Switch Mode Power Supply, Light Emitting Diode, SMD LED, Diodes, Capacitor, Electrolytic Capacitors, Electric Fittings & Components.
Who are the key members and board of directors at Power Palazzo?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kavitaben Shah  | Whole-Time Director | 07-Mar-2008 | Current |
| Ishani Shah | Director | 19-Oct-2021 | Current |
| Raj Shah | Director | 19-Oct-2021 | Current |
Financial Performance of Power Palazzo.
Power Palazzo Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 62.07% decrease. The company also saw a substantial fall in profitability, with a 67.38% decrease in profit. The company's net worth moved up by a moderate rise of 8.15%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Power Palazzo?
In 2023, Power Palazzo had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Smartiqo Private Limited
Kavitaben Shah, Ishani Shah and 1 more are mutual person
Charges (Loans)
Open Charges
₹10.00 Cr
Satisfied Charges
₹44.75 Cr
Charges Breakdown by Lending Institutions
- Others : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Oct 2023 | Others | ₹10.00 Cr | Open |
| 19 Aug 2019 | Hdfc Bank Limited | ₹9.75 Cr | Satisfied |
| 29 Jun 2018 | Yes Bank Limited | ₹20.00 Cr | Satisfied |
| 15 Feb 2016 | Idbi Bank Limited | ₹15.00 Cr | Satisfied |
How Many Employees Work at Power Palazzo?
Unlock and access historical data on people associated with Power Palazzo, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Power Palazzo, 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 Power Palazzo's trajectory.
Rating
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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.
