
Palak Agro Limited
About Palak Agro Limited
Data last updated:
Palak Agro Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the crop production and distribution segment of the agriculture sector. It was incorporated on 13 September 1995.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U01100MH1995PLC092657.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹17.88 Lakh. It was led by directors including Bharat Pravinchandra Shah and Parul Bharat Shah.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Flat No.4 3rd Floor Nirant Bldg Plot No.766 Dr Ghanti Rd Parsi Colony Dadar, Mumbai, Maharashtra, India – 400014.
Court records list 4 cases involving the company, including 4 filed against it.
Company details
CIN history
Palak Agro has one previous CIN (Corporate Identification Number): L01100MH1995PLC092657. The current CIN is U01100MH1995PLC092657, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01100MH1995PLC092657 | Current |
| L01100MH1995PLC092657 | Previous |
Contact details
Palak Agro Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No.4 3rd Floor Nirant Bldg Plot No.766 Dr Ghanti Rd Parsi Colony Dadar, Mumbai, Maharashtra, India – 400014
- IndustryAgriculture, Crop Production & Distribution
To see the full contact details of Palak Agro Limited, buy the company report.
- 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
Financials of Palak Agro Limited
FY 2022 filings availableFinancial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | |||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | |||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Palak Agro Limited, buy the company report.
Board of directors of Palak Agro Limited
Palak Agro has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Pravinchandra Shah Also directs: Raunak Realty LLP, Palak Impex Pvt.Ltd. | Director | 13 Sep 1995 | 31 Years 1 Months | As last reported |
| Parul Bharat Shah Also directs: Palak Impex Pvt.Ltd. | Director | 13 Sep 1995 | 31 Years 1 Months | As last reported |
| Palak Bharat Shah Also directs: Palak Impex Pvt.Ltd. | Director | 18 Nov 2016 | 9 Years 11 Months | As last reported |
Auditor
Palak Agro Limited is audited by Hemal H Lakhani for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Hemal H Lakhani | FY 2017 | 113370 |
Shareholding
The shareholding of Palak Agro Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Palak Agro Limited, buy the company report.
Legal cases
Palak Agro Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by The Dy. Registrar of Companies | Disposed |
To see the full case history of Palak Agro Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Palak Agro 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 Palak Agro Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Palak Agro Limited has 5 board changes on record since 1995: 3 appointments and 2 cessations. The latest: Palak Bharat Shah was appointed as Director on 18 Nov 2016.
Frequently asked questions
Palak Agro has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Palak Agro was a public limited company based in Mumbai, Maharashtra, India. The company worked in crop production and distribution, within the agriculture industry. It was incorporated on 13 September 1995 and is registered under CIN U01100MH1995PLC092657. The company has been struck off by the Registrar of Companies and is no longer operational.
Palak Agro had 3 directors:
- Bharat Pravinchandra Shah - Director
- Parul Bharat Shah - Director
- Palak Bharat Shah - Director
The CIN (Corporate Identification Number) of Palak Agro is U01100MH1995PLC092657. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Palak Agro is at Flat No.4 3rd Floor Nirant Bldg Plot No.766 Dr Ghanti Rd Parsi Colony Dadar, Mumbai, Maharashtra, India – 400014.
Palak Agro was incorporated on 13 September 1995. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Palak Agro on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
Palak Agro operated in the agriculture industry, in the crop production and distribution segment. It worked in this industry before it was struck off.
Palak Agro has 4 court cases on record: 4 filed against it.
Palak Bharat Shah was appointed as Director on 18 Nov 2016. Jalan Sumant Shah ceased to be Director on 14 Nov 2016. Rajiv Marutirao Sawant ceased to be Director on 01 Nov 2013. Palak Agro has 5 board changes on record in total.

