Palmseed Ventures Private Limited
About Palmseed Ventures Private Limited
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Palmseed Ventures Private Limited is a private limited company based in Villupuram, Tamil Nadu, India. It operates in the restaurants and dining services segment of the travel and hospitality sector. It was incorporated on 29 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74140TN2021PTC146652. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Thangaraj Ruby Packiavathi and Suresh Gnanaraj Packiam.
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 780 Sriram Nagar B2A1 Vasanthapuram Vanur, Villupuram, Tamil Nadu, India – 605109.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.55 Lakh. For the same year it recorded a net loss of ₹6.54 Lakh (net margin -422.4%) and EBITDA of -₹6.01 Lakh (EBITDA margin -388.3%).
Company details
Contact details
Palmseed Ventures Private Limited's registered office is in Villupuram, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address780 Sriram Nagar B2A1 Vasanthapuram Vanur, Villupuram, Tamil Nadu, India – 605109
- IndustryTravel and Hospitality, Restaurants & Dining Services
To see the full contact details of Palmseed Ventures 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 Palmseed Ventures is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Palmseed Ventures Private Limited, buy the company report.
Financials of Palmseed Ventures Private Limited
FY 2024 filings availablePalmseed Ventures Private Limited reported revenue of ₹1.55 Lakh for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | -₹6.01 Lakh | ||
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| Net Profit (PAT) | -₹6.54 Lakh | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -388.3% | ||
| Net Profit Margin | -422.4% | ||
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To see the full financial statements and ratios of Palmseed Ventures Private Limited, buy the company report.
Board of directors of Palmseed Ventures Private Limited
Palmseed Ventures has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thangaraj Ruby Packiavathi | Director | 28 Feb 2022 | 4 Years 8 Months | Current |
| Suresh Gnanaraj Packiam | Director | 29 Sep 2021 | 5 Years 1 Months | Current |
| Baskaran Dawin Chandran | Director | 29 Sep 2021 | 5 Years 1 Months | Current |
Auditor
Palmseed Ventures Private Limited is audited by VELMURUGAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VELMURUGAN & ASSOCIATES | FY 2023 | 014423S |
Shareholding
The shareholding of Palmseed Ventures Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Palmseed Ventures Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Palmseed Ventures 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 Palmseed Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Palmseed Ventures has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Palmseed Ventures Private Limited, buy the company report.
Recent activity
Palmseed Ventures Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Thangaraj Ruby Packiavathi ceased to be Additional Director on 05 Dec 2022.
Frequently asked questions
Palmseed Ventures is an active private limited company based in Villupuram, Tamil Nadu, India. The company works in restaurants and dining services, within the travel and hospitality industry. It was incorporated on 29 September 2021 (5+ years old) and is registered under CIN U74140TN2021PTC146652.
Palmseed Ventures has 3 current directors:
- Thangaraj Ruby Packiavathi - Director
- Suresh Gnanaraj Packiam - Director
- Baskaran Dawin Chandran - Director
The latest financial statements of Palmseed Ventures 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 FY 2022 are in the company report.
No. Palmseed Ventures has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Palmseed Ventures is U74140TN2021PTC146652. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palmseed Ventures was incorporated on 29 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chennai.
Thangaraj Ruby Packiavathi ceased to be Additional Director on 05 Dec 2022. Thangaraj Ruby Packiavathi was appointed as Director on 28 Feb 2022. Baskaran Dawin Chandran was appointed as Director on 29 Sep 2021. Palmseed Ventures has 4 board changes on record in total.
The registered office of Palmseed Ventures is at 780 Sriram Nagar B2A1 Vasanthapuram Vanur, Villupuram, Tamil Nadu, India – 605109.
Palmseed Ventures operates in the travel and hospitality industry, in the restaurants and dining services segment.
Palmseed Ventures can be reached at its registered office: 780 Sriram Nagar B2A1 Vasanthapuram Vanur, Villupuram, Tamil Nadu, India – 605109.
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