Joel Palace Private Limited

Joel Palace Private Limited - real estate in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
CIN U70109TN2020PTC134773 Incorporated 04 March 2020 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company real estate MSME · Micro
Data last updated
Revenue · FY 2025
₹16.3 Lakh
▲ 81% YoY
Net loss · FY 2025
₹4,596
Net margin -0.3%
EBITDA · FY 2025
-₹3,986
EBITDA margin -0.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
Last financials
Mar 2025
Balance sheet date

About Joel Palace Private Limited

Data last updated:

Joel Palace Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 04 March 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U70109TN2020PTC134773.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Chellaswamy Soundararajan and Gunaseelan Glorymetilda.

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 1st Floor Old No 97 New No 8 Plot No F13 Vve Balakrishna Apartment Periyar Pathai, Chennai, Tamil Nadu, India – 600094.

As per the financials filed for FY 2025, the company reported a revenue of ₹16.3 Lakh, a growth of 81% compared to the previous year. For the same year it recorded a net loss of ₹4,596 (net margin -0.3%) and EBITDA of -₹3,986 (EBITDA margin -0.2%).

Joel Palace Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0042706).

Company details

CIN U70109TN2020PTC134773
Registration Number 134773
Incorporation Date 04 March 2020
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0042706

Recognitions & Rankings of Joel Palace

MSME (Udyam registered) Ministry of MSME
Category
Micro (2020-21)
Udyam number
UDYAM-TN-02-0042706

Contact details

Joel Palace Private Limited's registered office is in Chennai, Tamil Nadu.

  • Registered Address
    1st Floor Old No 97 New No 8 Plot No F13 Vve Balakrishna Apartment Periyar Pathai, Chennai, Tamil Nadu, India – 600094
  • Industry
    Real Estate, Real Estate Leasing
Comprehensive company report
Joel Palace Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Joel Palace is real estate. In detail, this covers real estate activities with own or leased property.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
LReal EstateL1Real estate activities with own or leased property

To see the full business activity and turnover split of Joel Palace Private Limited, buy the company report.

Financials of Joel Palace Private Limited

FY 2025 filings available

Joel Palace Private Limited reported revenue of ₹16.3 Lakh (up 81% YoY) for FY 2025.

Revenue · FY 2025
₹16.3 Lakh ▲ 81%
Net loss · FY 2025
₹4,596 margin -0.3%
EBITDA · FY 2025
-₹3,986 margin -0.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 81%
EBITDA CAGR growth
1 year
▼ 118%
3 years · compounded
▲ 26%

Revenue rose 81% in the latest year. EBITDA fell 118% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹3,986
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4,596
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-0.2%
Net Profit Margin-0.3%
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 Joel Palace Private Limited, buy the company report.

Board of directors of Joel Palace Private Limited

Joel Palace has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Lourdusamy PrabuAdditional Director20 Jun 20233 Years 4 MonthsCurrent
Chellaswamy SoundararajanDirector04 Mar 20206 Years 7 MonthsCurrent
Gunaseelan GlorymetildaDirector04 Mar 20206 Years 7 MonthsCurrent

Peer comparison

Joel Palace Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Manimala Projects Private Limited₹16.34 Lakh (FY 2021)12972.0%Kolkata, West Bengal, India
Apnapan Enclaves Private Limited₹16.33 Lakh (FY 2025)328.0%Kolkata, West Bengal, India
Shree Highrise Private Limited₹16.33 Lakh (FY 2025)7.0%Kolkata, West Bengal, India
Joel Palace Private Limitedthis company₹16.3 Lakh (FY 2025)-₹4,596-0.3%81.0%Chennai, Tamil Nadu, India
Mahimanvitha Infra Projects Private Limited₹16.3 Lakh (FY 2025)-85.0%Hyderabad, Telangana, India
Metro Projects Private Limited₹16.3 Lakh (FY 2024)-66.0%Lucknow, Uttar Pradesh, India
Ollur Developers Private Limited₹16.29 Lakh (FY 2024)6.0%Thrissur, Kerala, India
Mahan Electrical Industries Private Limited₹16.29 Lakh (FY 2022)16.0%Kolhapur, Maharashtra, India
Emppel Fortitus Private Limited₹16.28 Lakh (FY 2016)151.0%New Delhi, Delhi, India
Ashramrealty Ind Private Limited₹16.28 Lakh (FY 2025)3.0%Chennai, Tamil Nadu, India
VRS Realestate (OPC) Private Limited₹16.27 Lakh (FY 2024)340.0%Varanasi, Uttar Pradesh, India

To see the full peer comparison of Joel Palace Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Joel Palace 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 Joel Palace Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Joel Palace Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Lourdusamy Prabu was appointed as Additional Director on 20 Jun 2023.

AGM
Joel Palace Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Joel Palace Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Lourdusamy Prabu was appointed as Additional Director.
Appointed
Chellaswamy Soundararajan was appointed as Director.
Appointed
Gunaseelan Glorymetilda was appointed as Director.
Incorporation
04 Mar 2020
Joel Palace Private Limited was registered on 04 Mar 2020 with Roc Chennai & aged 6 years 7 months as per MCA records.

Frequently asked questions

Joel Palace is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 04 March 2020 (6+ years old) and is registered under CIN U70109TN2020PTC134773.

Joel Palace has 3 current directors:

The latest financial statements of Joel Palace 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 FY 2020 are in the company report.

The CIN (Corporate Identification Number) of Joel Palace is U70109TN2020PTC134773. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Joel Palace was incorporated on 04 March 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Joel Palace by revenue are Manimala Projects Private Limited, Apnapan Enclaves Private Limited, Shree Highrise Private Limited, Mahimanvitha Infra Projects Private Limited, Metro Projects Private Limited and 5 more, all in the same principal business activity (real estate activities with own or leased property).

Lourdusamy Prabu was appointed as Additional Director on 20 Jun 2023. Chellaswamy Soundararajan was appointed as Director on 04 Mar 2020. Gunaseelan Glorymetilda was appointed as Director on 04 Mar 2020.

Yes, Joel Palace is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0042706).

The registered office of Joel Palace is at 1st Floor Old No 97 New No 8 Plot No F13 Vve Balakrishna Apartment Periyar Pathai, Chennai, Tamil Nadu, India – 600094.

Joel Palace operates in the real estate industry, in the real estate leasing segment.

Joel Palace can be reached at its registered office: 1st Floor Old No 97 New No 8 Plot No F13 Vve Balakrishna Apartment Periyar Pathai, Chennai, Tamil Nadu, India – 600094.