Palash Agencies Private Limited
About Palash Agencies Private Limited
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Palash Agencies Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Tenor Enterprises Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the retail trading segment of the trading and commerce sector. It was incorporated on 21 May 1999.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U52110DL1999PTC099871.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹19.75 Lakh. It was led by directors Sunil Manchanda and Sahil Manchanda.
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 A – 82 Lajpat Nagar – 1st, New Delhi, Delhi, India – 110024.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.85 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹12,030 (net margin 2.5%) and EBITDA of ₹21,200 (EBITDA margin 4.4%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 56% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
Company details
CIN history
Palash Agencies has one previous CIN (Corporate Identification Number): U51109DL1999PTC099871. The current CIN is U52110DL1999PTC099871, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52110DL1999PTC099871 | Current |
| U51109DL1999PTC099871 | Previous |
Contact details
Palash Agencies Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 82 Lajpat Nagar – 1st, New Delhi, Delhi, India – 110024
- IndustryTrading, Retail Trading, Retailers
To see the full contact details of Palash Agencies 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 Palash Agencies 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 Palash Agencies Private Limited, buy the company report.
Financials of Palash Agencies Private Limited
FY 2022 filings availablePalash Agencies Private Limited reported revenue of ₹4.85 Lakh (up 594% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 594% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 56%. EBITDA rose 115% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹21,200 | ||||
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| Net Profit (PAT) | ₹12,030 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | 2.5% | ||||
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To see the full financial statements and ratios of Palash Agencies Private Limited, buy the company report.
Board of directors of Palash Agencies Private Limited
Palash Agencies has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Manchanda Also directs: MSM Realtek LLP, Organic Biofarm Pvt. Ltd., Sahil Infra Creative Private Limited and 5 more | Additional Director | 26 Dec 2021 | 4 Years 10 Months | As last reported |
| Sahil Manchanda Also directs: PB Lifestyle Limited | Additional Director | 26 Dec 2021 | 4 Years 10 Months | As last reported |
Auditor
Palash Agencies Private Limited is audited by PAWANKUMARAGGARWAL for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PAWANKUMARAGGARWAL | FY 2017 | 081870 |
Shareholding
The shareholding of Palash Agencies 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 Palash Agencies Private Limited, buy the company report.
Legal cases
Palash Agencies Private Limited has 2 court cases on record: 2 filed by Palash Agencies. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, New Delhi Bench Court-III | Court case (C.A.(CAA)) | Filed by the company against The Sixth Element Sports &Entertainments Private Limited | Disposed |
| NCLT, New Delhi Bench Court-III | Court case (C.P.(CAA)) | Filed by the company against The Sixth Element Sports &Entertainments Private Limited | Disposed |
To see the full case history of Palash Agencies 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 Palash Agencies 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 Palash Agencies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Palash Agencies Private Limited has 7 board changes on record since 2017: 2 appointments and 5 cessations. The latest: Parveen Kumar ceased to be Additional Director on 26 Dec 2021.
Frequently asked questions
Palash Agencies has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Palash Agencies was a private limited company based in New Delhi, Delhi, India. The company worked in retail trading, within the trading industry. It was incorporated on 21 May 1999 and is registered under CIN U52110DL1999PTC099871. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Palash Agencies was incorporated on 21 May 1999. It is registered with the Registrar of Companies, Delhi.
Palash Agencies had 2 directors:
- Sunil Manchanda - Additional Director
- Sahil Manchanda - Additional Director
The CIN (Corporate Identification Number) of Palash Agencies is U52110DL1999PTC099871. 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 Palash Agencies is at A – 82 Lajpat Nagar – 1st, New Delhi, Delhi, India – 110024.
The latest financial statements of Palash Agencies 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.
Palash Agencies operated in the trading industry, in the retail trading segment.
Palash Agencies has 2 court cases on record: 2 filed by the company.
Parveen Kumar ceased to be Additional Director on 26 Dec 2021. Prabha Gulati ceased to be Additional Director on 26 Dec 2021. Sahil Manchanda was appointed as Additional Director on 26 Dec 2021. Palash Agencies has 7 board changes on record in total.
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