Palash Machineries Private Limited
About Palash Machineries Private Limited
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Palash Machineries 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 wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 11 October 1999.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U29243WB1999PTC090418. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹35 Lakh and a paid-up capital of ₹9.45 Lakh. It was led by directors Deepu Kumar and Santosh Ray.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Kolkata, West Bengal.
As per the financials filed for FY 2017, the company reported a revenue of ₹37.31 Lakh, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹13,667 (net margin -0.4%) and EBITDA of ₹90,116 (EBITDA margin 2.4%).
Company details
Contact details
Palash Machineries 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 AddressChatterjee International Centre 33A Jawaharlal Nehru Road 16th Floor, Room No.14, Kolkata, West Bengal, India – 700071
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Palash Machineries 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
Financials of Palash Machineries Private Limited
FY 2023 filings availablePalash Machineries Private Limited reported revenue of ₹37.31 Lakh (down 46% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 46% in the latest year. EBITDA fell 41% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹37.31 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹90,116 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹13,667 | ||
| 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 | 2.4% | ||
| Net Profit Margin | -0.4% | ||
| 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 Palash Machineries Private Limited, buy the company report.
Board of directors of Palash Machineries Private Limited
Palash Machineries has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepu Kumar Also directs: Mehmosh Fuel and Energy LLP, Mansa Natural Resources Private Limited, Rashbihari Barter Private Limited and 2 more | Director | 06 Jun 2022 | 4 Years 4 Months | As last reported |
| Santosh Ray Also directs: Mansa Natural Resources Private Limited, Rashbihari Barter Private Limited, Devarata Traders Private Limited and 1 more | Director | 06 Jun 2022 | 4 Years 4 Months | As last reported |
Auditor
Palash Machineries Private Limited is audited by Agarwal Gupta Nokari & Rustagi Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Agarwal Gupta Nokari & Rustagi Associates | FY 2017 | 310041E |
Shareholding
The shareholding of Palash Machineries Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Palash Machineries Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Palash Machineries 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 Palash Machineries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Palash Machineries has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Palash Machineries Private Limited, buy the company report.
Recent activity
Palash Machineries Private Limited has 11 board changes on record since 2009: 2 appointments and 9 cessations. The latest: Deepu Kumar ceased to be Additional Director on 30 Sep 2022.
2 earlier events are in the company report.
Frequently asked questions
Palash Machineries 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.
Palash Machineries was a private limited company based in Kolkata, West Bengal, India. The company worked in wholesale, within the trading industry. It was incorporated on 11 October 1999 and is registered under CIN U29243WB1999PTC090418. The company has been struck off by the Registrar of Companies and is no longer operational.
Palash Machineries had 2 directors:
- Deepu Kumar - Director
- Santosh Ray - Director
The CIN (Corporate Identification Number) of Palash Machineries is U29243WB1999PTC090418. 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 Machineries is at Chatterjee International Centre 33A Jawaharlal Nehru Road 16th Floor, Room No.14, Kolkata, West Bengal, India – 700071.
Palash Machineries was incorporated on 11 October 1999. It is registered with the Registrar of Companies, Kolkata.
The latest financial statements of Palash Machineries on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Palash Machineries has 2 GST registrations on record and all of them are cancelled or inactive.
Palash Machineries operated in the trading industry, in the wholesale segment. It worked in this industry before it was struck off.
Deepu Kumar ceased to be Additional Director on 30 Sep 2022. Santosh Ray ceased to be Additional Director on 30 Sep 2022. Rajev Jain ceased to be Director on 09 Jun 2022. Palash Machineries has 11 board changes on record in total.