Palak Highrise Private Limited
About Palak Highrise Private Limited
Data last updated:
Palak Highrise Private Limited was a private limited company based in Kolkata, West Bengal, 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 accounting and financial advisory segment of the professional services sector. It was incorporated on 23 August 2011.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U70109WB2011PTC166689.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.22 Lakh. It was led by directors Dharm Nath Roy and Swapan Chakraborty.
Its last annual general meeting (AGM) was held on 16 August 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 5/1 Clive Row, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2018, the company reported a revenue of ₹48,000, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹718 (net margin 1.5%) and EBITDA of ₹968 (EBITDA margin 2%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Company details
Contact details
Palak Highrise Private Limited's registered office is in Kolkata, West Bengal.
- Registered Address5/1 Clive Row, Kolkata, West Bengal, India – 700001
- IndustryProfessional Services, Accounting, Book Keeping, Taxation
- 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 Highrise is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy |
To see the full business activity and turnover split of Palak Highrise Private Limited, buy the company report.
Financials of Palak Highrise Private Limited
FY 2018 filings availablePalak Highrise Private Limited reported revenue of ₹48,000 (down 51% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 69% over three years, including a 51% fall in the latest year. EBITDA fell 29% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹968 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹718 | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2% | |||
| Net Profit Margin | 1.5% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Palak Highrise Private Limited, buy the company report.
Board of directors of Palak Highrise Private Limited
Palak Highrise has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharm Nath Roy | Director | 02 Jan 2018 | 8 Years 10 Months | As last reported |
| Swapan Chakraborty | Director | 02 Jan 2018 | 8 Years 10 Months | As last reported |
Peer comparison
Palak Highrise Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (accounting, book keeping and auditing activities, tax consultancy), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Taxcellent Legal Consultant Private Limited | ₹48,229 (FY 2025) | -96.0% | Bareilly, Uttar Pradesh, India | |||
| Palak Highrise Private Limitedthis company | ₹48,000 (FY 2018) | ₹718 | 1.5% | -51.0% | Kolkata, West Bengal, India | |
| Brownquartz Agency Private Limited | ₹48,000 (FY 2018) | Kolkata, West Bengal, India | ||||
| Bangabhumi Realtors Private Limited | ₹48,000 (FY 2025) | Kolkata, West Bengal, India | ||||
| Varm Consultants Private Limited | ₹48,000 (FY 2025) | 405.0% | New Delhi, Delhi, India | |||
| Navtech Vinimay Private Limited | ₹48,000 (FY 2018) | 6.0% | Kolkata, West Bengal, India | |||
| Poojari Advisors Private Limited | ₹47,560 (FY 2024) | Bangalore, Karnataka, India | ||||
| Imax Securities Private Limited | ₹47,500 (FY 2018) | Kolkata, West Bengal, India | ||||
| C.G.Securities Private Limited | ₹47,000 (FY 2018) | -6.0% | Kolkata, West Bengal, India | |||
| Laxmiwan Infrastructures Private Limited | ₹47,000 (FY 2025) | Kolkata, West Bengal, India | ||||
| Bluemotion Software Private Limited | ₹47,000 (FY 2018) | -5.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Palak Highrise Private Limited, buy the company report.
Legal cases
Palak Highrise Private Limited has 1 court case on record: 1 filed by Palak Highrise. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Writ petition | Filed by the company against Income Tax Officer Ward 10/2 and Ors | Pending |
To see the full case history of Palak Highrise Private 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 Highrise 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 Palak Highrise Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Palak Highrise Private Limited has 8 board changes on record since 2011: 2 appointments and 6 cessations. The latest: Dharm Nath Roy was appointed as Director on 02 Jan 2018.
Frequently asked questions
Palak Highrise 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 Highrise was a private limited company based in Kolkata, West Bengal, India. The company worked in accounting, within the professional services industry. It was incorporated on 23 August 2011 and is registered under CIN U70109WB2011PTC166689. The company has been struck off by the Registrar of Companies and is no longer operational.
Palak Highrise had 2 directors:
- Dharm Nath Roy - Director
- Swapan Chakraborty - Director
The CIN (Corporate Identification Number) of Palak Highrise is U70109WB2011PTC166689. 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 Highrise is at 51 Clive Row, Kolkata, West Bengal, India – 700001.
Palak Highrise was incorporated on 23 August 2011. It is registered with the Registrar of Companies, Kolkata.
The latest financial statements of Palak Highrise on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 16 August 2018. Year-wise statements from 2015 are in the company report.
Palak Highrise operated in the professional services industry, in the accounting segment. It worked in this industry before it was struck off.
The peers of Palak Highrise by revenue are Taxcellent Legal Consultant Private Limited, Brownquartz Agency Private Limited, Bangabhumi Realtors Private Limited, Varm Consultants Private Limited, Navtech Vinimay Private Limited and 5 more, all in the same principal business activity (accounting, book keeping and auditing activities, tax consultancy).
Palak Highrise has 1 court case on record: 1 filed by the company. 1 is pending.
Dharm Nath Roy was appointed as Director on 02 Jan 2018. Dibakar Chakraborty ceased to be Director on 02 Jan 2018. Rekha Khandelwal ceased to be Director on 02 Jan 2018. Palak Highrise has 8 board changes on record in total.
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