Palak Commosale Private Limited
About Palak Commosale Private Limited
Data last updated:
Palak Commosale Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the consultancy services segment of the financial services sector. It was incorporated on 29 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2009PTC137278.
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹2.99 Lakh. It is led by directors Vikash Baheti and Binod Kumar Baheti.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at P – 250A Cit Road Scheme Vim Raju Baheti 4th Floor, Kolkata, West Bengal, India – 700054.
As per the financials filed for FY 2023, the company reported a revenue of ₹17,500, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹3,239 (net margin 18.5%) and EBITDA of ₹8,550 (EBITDA margin 48.9%). Revenue has declined at a compounded annual rate (CAGR) of 37% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Palak Commosale Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressP – 250A Cit Road Scheme Vim Raju Baheti 4th Floor, Kolkata, West Bengal, India – 700054
- IndustryFinancial Services, Consultancy, Advisory, Financial Brokerage
To see the full contact details of Palak Commosale Private 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
Business activity
The main business activity of Palak Commosale is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Palak Commosale Private Limited, buy the company report.
Financials of Palak Commosale Private Limited
FY 2024 filings availablePalak Commosale Private Limited reported revenue of ₹17,500 (up 39% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 39% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 37%. EBITDA rose 13% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹17,500 | ||||
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| EBITDA | ₹8,550 | ||||
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| Net Profit (PAT) | ₹3,239 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 48.9% | ||||
| Net Profit Margin | 18.5% | ||||
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To see the full financial statements and ratios of Palak Commosale Private Limited, buy the company report.
Board of directors of Palak Commosale Private Limited
Palak Commosale has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikash Baheti Also directs: Olympus Vanijya Private Limited, Meridian Retails Private Limited, MSV Logistics Private Limited and 2 more | Director | 27 Aug 2018 | 8 Years 2 Months | Current |
| Binod Kumar Baheti Also directs: Olympus Vanijya Private Limited, Meridian Retails Private Limited, Diagram Tracom Private Limited and 3 more | Director | 15 Apr 2017 | 9 Years 6 Months | Current |
Auditor
Palak Commosale Private Limited is audited by DRMS AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DRMS AND ASSOCIATES | FY 2023 | 323853e |
Shareholding
The shareholding of Palak Commosale Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Palak Commosale Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Palak Commosale 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 Palak Commosale Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Palak Commosale has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Palak Commosale Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Palak Commosale Private Limited has 10 board changes on record since 2012: 2 appointments and 8 cessations. The latest: Vikash Baheti ceased to be Additional Director on 19 Sep 2018.
1 earlier event is in the company report.
Frequently asked questions
Palak Commosale is an active private limited company based in Kolkata, West Bengal, India. The company works in consultancy, within the financial services industry. It was incorporated on 29 July 2009 (17+ years old) and is registered under CIN U51909WB2009PTC137278.
Palak Commosale has 2 current directors:
- Vikash Baheti - Director
- Binod Kumar Baheti - Director
The latest financial statements of Palak Commosale on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Palak Commosale is U51909WB2009PTC137278. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palak Commosale was incorporated on 29 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Kolkata.
Vikash Baheti ceased to be Additional Director on 19 Sep 2018. Vikash Baheti was appointed as Director on 27 Aug 2018. Binod Kumar Baheti ceased to be Additional Director on 25 Sep 2017. Palak Commosale has 10 board changes on record in total.
The registered office of Palak Commosale is at P – 250A Cit Road Scheme Vim Raju Baheti 4th Floor, Kolkata, West Bengal, India – 700054.
Palak Commosale operates in the financial services industry, in the consultancy segment.
The compliance status of Palak Commosale is compliant as of 25 August 2026. The company is actively filing with the Registrar of Companies.
Palak Commosale can be reached at its registered office: P – 250A Cit Road Scheme Vim Raju Baheti 4th Floor, Kolkata, West Bengal, India – 700054.
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