Palak Intermediates Private Limited
About Palak Intermediates Private Limited
Data last updated:
Palak Intermediates Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 06 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51100GJ2013PTC073884. Its GSTIN is 24AAHCP0697G1ZB (Gujarat).
The company has an authorised share capital of ₹71 Lakh and a paid-up capital of ₹68 Lakh. It is led by directors Devang Chandrakant Panchal and Arvindbhai Fatesinh Parmar.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.59 Cr, a growth of 71% compared to the previous year. For the same year it recorded a net profit of ₹5.7 Lakh (net margin 0.6%) and EBITDA of ₹6.14 Cr (EBITDA margin 64.1%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 24% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Palak Intermediates has one previous CIN (Corporate Identification Number): U24100GJ2013PTC073884. The current CIN is U51100GJ2013PTC073884, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100GJ2013PTC073884 | Current |
| U24100GJ2013PTC073884 | Previous |
Contact details
Palak Intermediates Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address213 To 218 Stadium House Opp Sardar Patel Swimming Pool Navrangp, Ura, Ahmedabad, Gujarat, India – 380009
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Palak Intermediates 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 Intermediates is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Palak Intermediates Private Limited, buy the company report.
Financials of Palak Intermediates Private Limited
FY 2025 filings availablePalak Intermediates Private Limited reported revenue of ₹9.59 Cr (up 71% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 71% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 24%. EBITDA rose 126% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹6.14 Cr | ||||
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| Net Profit (PAT) | ₹5.7 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 64.1% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of Palak Intermediates Private Limited, buy the company report.
Board of directors of Palak Intermediates Private Limited
Palak Intermediates has 2 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devang Chandrakant Panchal | Director | 24 Jun 2023 | 3 Years 4 Months | Current |
| Arvindbhai Fatesinh Parmar | Director | 24 Jun 2023 | 3 Years 4 Months | Current |
Peer comparison
Palak Intermediates Private Limited is compared with the 6 companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Twamev Export Private Limited | ₹9.65 Cr (FY 2025) | 4674.0% | Ahmedabad, Gujarat, India | |||
| Kinattukarayil Ventures Private Limited | ₹9.63 Cr (FY 2025) | 9.0% | Kochi, Kerala, India | |||
| SBT Commercial Private Limited | ₹9.59 Cr (FY 2025) | -37.0% | Jaipur, Rajasthan, India | |||
| Palak Intermediates Private Limitedthis company | ₹9.59 Cr (FY 2024) | ₹5.7 Lakh | 0.6% | 71.0% | Ahmedabad, Gujarat, India | |
| Silver Star Agro Private Limited | ₹9.57 Cr (FY 2025) | -3.0% | Bikaner, Rajasthan, India | |||
| Raj Kirana Private Limited | ₹9.55 Cr (FY 2025) | 8.0% | Shivpuri, Madhya Pradesh, India | |||
| Your Life Solutions Private Limited | ₹9.54 Cr (FY 2025) | 52.0% | Aligarh, Uttar Pradesh, India |
To see the full peer comparison of Palak Intermediates Private Limited, buy the company report.
Auditor
Palak Intermediates Private Limited is audited by KIRITBHAI SONI & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KIRITBHAI SONI & ASSOCIATES | FY 2016 | 016436 |
Shareholding
The shareholding of Palak Intermediates Private 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 Intermediates Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Palak Intermediates 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 Intermediates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Palak Intermediates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCP0697G1ZB | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Palak Intermediates Private Limited, buy the company report.
Recent activity
Palak Intermediates Private Limited has 16 board changes on record since 2014: 2 appointments and 14 cessations. The latest: Arvindbhai Fatesinh Parmar ceased to be Additional Director on 29 Sep 2024.
7 earlier events are in the company report.
Frequently asked questions
Palak Intermediates is an active private limited company based in Ahmedabad, Gujarat, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 06 March 2013 (13+ years old) and is registered under CIN U51100GJ2013PTC073884.
Palak Intermediates has 2 current directors:
- Devang Chandrakant Panchal - Director
- Arvindbhai Fatesinh Parmar - Director
The latest financial statements of Palak Intermediates 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 2015 are in the company report.
The GSTIN of Palak Intermediates is 24AAHCP0697G1ZB, registered in Gujarat.
The CIN (Corporate Identification Number) of Palak Intermediates is U51100GJ2013PTC073884. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palak Intermediates was incorporated on 06 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Palak Intermediates by revenue are Twamev Export Private Limited, Kinattukarayil Ventures Private Limited, SBT Commercial Private Limited, Silver Star Agro Private Limited, Raj Kirana Private Limited and 1 more, all in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading).
Arvindbhai Fatesinh Parmar ceased to be Additional Director on 29 Sep 2024. Devang Chandrakant Panchal ceased to be Additional Director on 29 Sep 2024. Karan Bharatbhai Shah ceased to be Additional Director on 01 Jul 2023. Palak Intermediates has 16 board changes on record in total.
The registered office of Palak Intermediates is at 213 To 218 Stadium House Opp Sardar Patel Swimming Pool Navrangp, Ura, Ahmedabad, Gujarat, India – 380009.
Palak Intermediates operates in the food and beverages industry, in the food and beverage retail and distribution segment.
The compliance status of Palak Intermediates is compliant as of 03 July 2026. The company is actively filing with the Registrar of Companies.