- Category
- Micro (2020-21)
- Udyam number
- UDYAM-TN-02-0042706

Joel Palace Private Limited
About Joel Palace Private Limited
Data last updated:
Joel Palace Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 04 March 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U70109TN2020PTC134773.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Chellaswamy Soundararajan and Gunaseelan Glorymetilda.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1st Floor Old No 97 New No 8 Plot No F13 Vve Balakrishna Apartment Periyar Pathai, Chennai, Tamil Nadu, India – 600094.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.3 Lakh, a growth of 81% compared to the previous year. For the same year it recorded a net loss of ₹4,596 (net margin -0.3%) and EBITDA of -₹3,986 (EBITDA margin -0.2%).
Joel Palace Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0042706).
Company details
Recognitions & Rankings of Joel Palace
Contact details
Joel Palace Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered Address1st Floor Old No 97 New No 8 Plot No F13 Vve Balakrishna Apartment Periyar Pathai, Chennai, Tamil Nadu, India – 600094
- IndustryReal Estate, Real Estate Leasing
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Joel Palace is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Joel Palace Private Limited, buy the company report.
Financials of Joel Palace Private Limited
FY 2025 filings availableJoel Palace Private Limited reported revenue of ₹16.3 Lakh (up 81% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 81% in the latest year. EBITDA fell 118% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹3,986 | ||||
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| Net Profit (PAT) | -₹4,596 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -0.2% | ||||
| Net Profit Margin | -0.3% | ||||
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To see the full financial statements and ratios of Joel Palace Private Limited, buy the company report.
Board of directors of Joel Palace Private Limited
Joel Palace has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lourdusamy Prabu | Additional Director | 20 Jun 2023 | 3 Years 4 Months | Current |
| Chellaswamy Soundararajan | Director | 04 Mar 2020 | 6 Years 7 Months | Current |
| Gunaseelan Glorymetilda | Director | 04 Mar 2020 | 6 Years 7 Months | Current |
Peer comparison
Joel Palace Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Manimala Projects Private Limited | ₹16.34 Lakh (FY 2021) | 12972.0% | Kolkata, West Bengal, India | |||
| Apnapan Enclaves Private Limited | ₹16.33 Lakh (FY 2025) | 328.0% | Kolkata, West Bengal, India | |||
| Shree Highrise Private Limited | ₹16.33 Lakh (FY 2025) | 7.0% | Kolkata, West Bengal, India | |||
| Joel Palace Private Limitedthis company | ₹16.3 Lakh (FY 2025) | -₹4,596 | -0.3% | 81.0% | Chennai, Tamil Nadu, India | |
| Mahimanvitha Infra Projects Private Limited | ₹16.3 Lakh (FY 2025) | -85.0% | Hyderabad, Telangana, India | |||
| Metro Projects Private Limited | ₹16.3 Lakh (FY 2024) | -66.0% | Lucknow, Uttar Pradesh, India | |||
| Ollur Developers Private Limited | ₹16.29 Lakh (FY 2024) | 6.0% | Thrissur, Kerala, India | |||
| Mahan Electrical Industries Private Limited | ₹16.29 Lakh (FY 2022) | 16.0% | Kolhapur, Maharashtra, India | |||
| Emppel Fortitus Private Limited | ₹16.28 Lakh (FY 2016) | 151.0% | New Delhi, Delhi, India | |||
| Ashramrealty Ind Private Limited | ₹16.28 Lakh (FY 2025) | 3.0% | Chennai, Tamil Nadu, India | |||
| VRS Realestate (OPC) Private Limited | ₹16.27 Lakh (FY 2024) | 340.0% | Varanasi, Uttar Pradesh, India |
To see the full peer comparison of Joel Palace Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Joel Palace Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Joel Palace Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Joel Palace Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Joel Palace Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Lourdusamy Prabu was appointed as Additional Director on 20 Jun 2023.
Frequently asked questions
Joel Palace is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 04 March 2020 (6+ years old) and is registered under CIN U70109TN2020PTC134773.
Joel Palace has 3 current directors:
- Lourdusamy Prabu - Additional Director
- Chellaswamy Soundararajan - Director
- Gunaseelan Glorymetilda - Director
The latest financial statements of Joel Palace on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Joel Palace is U70109TN2020PTC134773. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Joel Palace was incorporated on 04 March 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Joel Palace by revenue are Manimala Projects Private Limited, Apnapan Enclaves Private Limited, Shree Highrise Private Limited, Mahimanvitha Infra Projects Private Limited, Metro Projects Private Limited and 5 more, all in the same principal business activity (real estate activities with own or leased property).
Lourdusamy Prabu was appointed as Additional Director on 20 Jun 2023. Chellaswamy Soundararajan was appointed as Director on 04 Mar 2020. Gunaseelan Glorymetilda was appointed as Director on 04 Mar 2020.
Yes, Joel Palace is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0042706).
The registered office of Joel Palace is at 1st Floor Old No 97 New No 8 Plot No F13 Vve Balakrishna Apartment Periyar Pathai, Chennai, Tamil Nadu, India – 600094.
Joel Palace operates in the real estate industry, in the real estate leasing segment.
Joel Palace can be reached at its registered office: 1st Floor Old No 97 New No 8 Plot No F13 Vve Balakrishna Apartment Periyar Pathai, Chennai, Tamil Nadu, India – 600094.

