- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0026917

About Power Palazzo Private Limited
Data last updated:
Power Palazzo Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 07 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31900GJ2008PTC053176. Its GSTIN is 24AAECP5699R1ZF (Gujarat).
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹6.01 Cr. It is led by directors including Kavitaben Vipulbhai Shah (Whole-Time Director) and Ishani Vipulbhai Shah.
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 B – 402 Safal Pegasus Nr.Auda Garden Anandnagar Road Prahalad Nagar Satellite, Ahmedabad, Gujarat, India – 380051.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.29 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹2.77 Cr (net margin 7.6%) and EBITDA of ₹4.24 Cr (EBITDA margin 11.7%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 23% over five years.
The company is associated with 1 brand: Power Palazzo. As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹54.75 Cr on record. Court records list 49 cases involving the company, including 41 filed by the company and 8 filed against it; 21 cases are pending. The company has 11 deals on record (6 funding rounds, 5 secondary share transfers), with disclosed funding of ₹28.52 Cr; the latest was in November 2021. Its 5 peer companies in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 1 larger and 4 smaller; the largest is Emerge Digitech Private Limited with revenue of ₹36.37 Cr.
Power Palazzo Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0026917). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website powerpalazzo.com.
Company details
Recognitions & Rankings of Power Palazzo
Contact details
Power Palazzo Private Limited's registered office is in Ahmedabad, Gujarat. Its website is powerpalazzo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 402 Safal Pegasus Nr.Auda Garden Anandnagar Road Prahalad Nagar Satellite, Ahmedabad, Gujarat, India – 380051
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Power Palazzo 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
Brands
Power Palazzo operates one associated brand: Power Palazzo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| LED manufacturing and component solutions in India are provided by Power Palazzo. | powerpalazzo.com |
Business activity
The main business activity of Power Palazzo 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 Power Palazzo Private Limited, buy the company report.
Financials of Power Palazzo Private Limited
FY 2025 filings availablePower Palazzo Private Limited reported revenue of ₹36.29 Cr (down 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 19% fall in the latest year. EBITDA fell 45% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.24 Cr | ||||
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| Net Profit (PAT) | ₹2.77 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.7% | ||||
| Net Profit Margin | 7.6% | ||||
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To see the full financial statements and ratios of Power Palazzo Private Limited, buy the company report.
Board of directors of Power Palazzo Private Limited
Power Palazzo has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kavitaben Vipulbhai Shah Also directs: Power Palazzo Technologies LLP, Smartiqo Private Limited | Whole-Time Director | 07 Mar 2008 | 18 Years 7 Months | Current |
| Ishani Vipulbhai Shah Also directs: Smartiqo Private Limited | Director | 19 Oct 2021 | 5 Years 0 Months | Current |
| Raj Vipulbhai Shah Also directs: Power Palazzo Technologies LLP, Smartiqo Private Limited | Director | 19 Oct 2021 | 5 Years 0 Months | Current |
Peer comparison
Power Palazzo Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (IT Products 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 |
|---|---|---|---|---|---|---|
| Emerge Digitech Private Limited | ₹36.37 Cr (FY 2024) | 17.0% | Ernakulam, Kerala, India | |||
| Power Palazzo Private Limitedthis company | ₹36.29 Cr (FY 2025) | ₹2.77 Cr | 7.6% | -19.0% | Ahmedabad, Gujarat, India | |
| Ashtel Retail India Private Limited | ₹36.18 Cr (FY 2025) | 84.0% | Ernakulam, Kerala, India | |||
| Irvine Technologies Private Limited | ₹36.18 Cr (FY 2024) | 22.0% | New Delhi, Delhi, India | |||
| United Control Engineers India Private Limited | ₹36.14 Cr (FY 2025) | -10.0% | Bishrakh, Uttar Pradesh, India | |||
| RN IT Infosol Private Limited | ₹36.1 Cr (FY 2024) | 0.0% | New Delhi, Delhi, India |
To see the full peer comparison of Power Palazzo Private Limited, buy the company report.
Auditor
Power Palazzo Private Limited is audited by PRAVIN F SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAVIN F SHAH & CO. | FY 2023 | 125499W |
Shareholding
The shareholding of Power Palazzo Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Power Palazzo Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Oct 2023 | 100806283 | Others | ₹10 Cr | Satisfied | |
| 19 Aug 2019 | 100285408 | Hdfc Bank Limited | ₹9.75 Cr | Satisfied | |
| 29 Jun 2018 | 100192221 | Yes Bank Limited | ₹20 Cr | Satisfied | |
| 15 Feb 2016 | 10625961 | Idbi Bank Limited | ₹15 Cr | Satisfied |
To see the full charge records of Power Palazzo Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Power Palazzo Private Limited has 11 deals on record (6 funding rounds, 5 secondary share transfers), with disclosed funding of ₹28.52 Cr; the latest was in November 2021.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Mintian Energy Private Limited , Tej Aswani Commerical Private Limited, Assemble Construction Private Limited , an individual |
| Jun 2014 | Funding round | ₹1.5 Cr | Investors: Herculese Builders Coimbatore Private Limited |
| Feb 2012 | Funding round | ₹11.1 Cr | Investors: Variety Trade-Link Private Limited , Anamika Dealers Private Limited , Shimmer Builders Private Limited |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Mintian Energy Private Limited Seller: Square Sales Private Limited , Midas Touch Vyappar Private Limited, Flexchem Impex Private Limited |
| Mar 2010 | Funding round | ₹6.19 Cr | Investors: Valuetime Tie-Up Private Limited , Vananchal Tradecom Private Limited , Neotex Vinimay Private Limited |
To see the full deal history of Power Palazzo Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Power Palazzo Private Limited has 49 court cases on record: 41 filed by Power Palazzo, 8 filed against it. 21 cases are pending and 28 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 41 | 4 | 19 |
| High courts | 7 | 3 | 2 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 49)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CR A) | Filed by the company against Home Run Sports Pvt Ltd and 1 other | Pending |
| District court, Ahmedabad, Gujarat | Civil suit | Filed by the company against M/S. Luminup Ledlite India Pvt. Ltd and 1 other | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against M/S Home Run Sports Pvt. Ltd. and 3 others | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Jai Laxmi Lighting Industries Pvt.Ltd. and 1 other | Pending |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by M/S.Home Run Sports Pvt.Ltd. | Disposed |
To see the full case history of Power Palazzo 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 Power Palazzo Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Power Palazzo has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECP5699R1ZF | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Power Palazzo Private Limited, buy the company report.
Recent activity
Power Palazzo Private Limited has 7 board changes on record since 2008: 3 appointments and 4 cessations. The latest: Ishani Vipulbhai Shah ceased to be Additional Director on 30 Nov 2021.
7 earlier events are in the company report.
Frequently asked questions
Power Palazzo is an active private limited company based in Ahmedabad, Gujarat, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 07 March 2008 (18+ years old) and is registered under CIN U31900GJ2008PTC053176.
Power Palazzo has 3 current directors:
- Kavitaben Vipulbhai Shah - Whole-Time Director
- Ishani Vipulbhai Shah - Director
- Raj Vipulbhai Shah - Director
The latest financial statements of Power Palazzo 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 Power Palazzo is 24AAECP5699R1ZF, registered in Gujarat.
The CIN (Corporate Identification Number) of Power Palazzo is U31900GJ2008PTC053176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Power Palazzo has 49 court cases on record: 41 filed by the company and 8 filed against it. 21 are pending. Most are in the district courts.
Power Palazzo was incorporated on 07 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Power Palazzo has 11 deals on record (6 funding rounds, 5 secondary share transfers), with disclosed funding of ₹28.52 Cr; the latest was in November 2021.
The peers of Power Palazzo by revenue are Emerge Digitech Private Limited, Ashtel Retail India Private Limited, Irvine Technologies Private Limited, United Control Engineers India Private Limited, RN IT Infosol Private Limited, all in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading).
Ishani Vipulbhai Shah ceased to be Additional Director on 30 Nov 2021. Raj Vipulbhai Shah ceased to be Additional Director on 30 Nov 2021. Ishani Vipulbhai Shah was appointed as Director on 19 Oct 2021. Power Palazzo has 7 board changes on record in total.
Yes, Power Palazzo is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0026917).

