MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-RJ-02-0029606
Pal Innovations Pvt Ltd - machinery and equipment in Bhiwadi, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.37 Cr
▲ 34% YoY
Net profit · FY 2025
₹19.27 Lakh
Net margin 4.4%
EBITDA · FY 2025
₹39.87 Lakh
EBITDA margin 9.1%
Authorised capital
₹16 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹2.53 Lakh
Satisfied ₹36.78 Lakh
Company age
38 yrs
Est. 1988
Directors on board
3
As per MCA filings
About Pal Innovations Pvt Ltd
Data last updated:
Pal Innovations Pvt Ltd is a private limited company based in Bhiwadi, Rajasthan, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 22 March 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U29249CH1988PTC008138. Its GSTIN is 08AACCP1655P1ZZ (Rajasthan).
The company has an authorised share capital of ₹16 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Vandana Suri and Bhanu Partap Suri.
Its last annual general meeting (AGM) was held on 20 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at H – 40 – 41 Phase – I RIICO Industrial Area Bhiwadi, Rajasthan, India – 301019.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.37 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹19.27 Lakh (net margin 4.4%) and EBITDA of ₹39.87 Lakh (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹2.53 Lakh and satisfied charges of ₹36.78 Lakh on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it.
Pal Innovations Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-02-0029606). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website palinnovations.com.
Company details
CIN U29249CH1988PTC008138
Registration Number 008138
Incorporation Date 22 March 1988
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 20 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-RJ-02-0029606
Recognitions & Rankings of Pal Innovations
Contact details
Pal Innovations Pvt Ltd's registered office is in Bhiwadi, Rajasthan. Its website is palinnovations.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressH – 40 – 41 Phase – I RIICO Industrial Area Bhiwadi, Rajasthan, India – 301019
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Pal Innovations Pvt Ltd, buy the company report.
Comprehensive company report
Pal Innovations Pvt Ltd - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Pal Innovations is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Pal Innovations Pvt Ltd, buy the company report.
Financials of Pal Innovations Pvt Ltd
FY 2025 filings availablePal Innovations Pvt Ltd reported revenue of ₹4.37 Cr (up 34% YoY) for FY 2025.
Revenue · FY 2025
₹4.37 Cr ▲ 34%
Net profit · FY 2025
₹19.27 Lakh margin 4.4%
EBITDA · FY 2025
₹39.87 Lakh margin 9.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 15%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 57%
3 years · compounded
▲ 19%
5 years · compounded
▲ 19%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 34% growth in the latest year. EBITDA rose 57% 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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| Total Expenses | |||||
| EBITDA | ₹39.87 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.27 Lakh | ||||
| Balance Sheet | |||||
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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 | 9.1% | ||||
| Net Profit Margin | 4.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Pal Innovations Pvt Ltd, buy the company report.
Board of directors of Pal Innovations Pvt Ltd
Pal Innovations has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vandana Suri | Director | 02 Apr 2010 | 16 Years 6 Months | Current |
| Bhanu Partap Suri | Director | 25 May 2017 | 9 Years 5 Months | Current |
| Sanjay Suri | Director | 22 Mar 1988 | 38 Years 7 Months | Current |
Auditor
Pal Innovations Pvt Ltd is audited by Shamsher & co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shamsher & co | FY 2023 | 017269N |
Shareholding
The shareholding of Pal Innovations Pvt Ltd 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 Pal Innovations Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹2.53 Lakh
Satisfied charges
₹36.78 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 1993 | 90181883 | Rajashthan Financial Corporation | ₹2.53 Lakh | Open | |
| 20 Mar 2020 | 100337287 | Sidbi | ₹6.78 Lakh | Satisfied | |
| 28 Jul 2010 | 10229819 | Small Industries Development Bank of India | ₹30 Lakh | Satisfied |
To see the full charge records of Pal Innovations Pvt Ltd, buy the company report.
Total charge records: 3 View all charges
Legal cases
Pal Innovations Pvt Ltd has 7 court cases on record: 5 filed by Pal Innovations, 2 filed against it. All cases are disposed.
Total cases
7
Filed by the company
5
Filed against the company
2
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 0 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, HIMACHAL PRADESH | Court case (CO.A) | Filed against the company by M/S Sirmour Sudburg Auto Ltd(Not Applicable) | Disposed |
| High Court of Himachal Pradesh | Court case (COAPP) | Filed against the company by M/S Sirmour Sudburg Auto Ltd | Disposed |
| High Court | Court case (COAPP) | Filed by the company against an individual | Disposed |
| District court, Solan, Himachal Pradesh | Civil suit | Filed by the company against Ms Sirmaur Sudburg Auto Ltd and Ors | Disposed |
| District court, Solan, Himachal Pradesh | Civil suit | Filed by the company against Ms Sirmaur Sudburg Auto Ltd Ors | Disposed |
To see the full case history of Pal Innovations Pvt Ltd, 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
Pal Innovations Pvt Ltd has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Madix Concept Company |
To see the full MSME payment records of Pal Innovations Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Pal Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AACCP1655P1ZZ | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pal Innovations Pvt Ltd, buy the company report.
Recent activity
Pal Innovations Pvt Ltd has 6 board changes on record since 1988: 3 appointments and 3 cessations. The latest: Bhanu Partap Suri was appointed as Director on 25 May 2017.
AGM
Pal Innovations Pvt Ltd last Annual general meeting of members was held on 20 Aug 2025 as per latest MCA records.
Filing
Pal Innovations Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Charges
A charge registered on 20 Mar 2020 via Charge ID 100337287 with Sidbi was fully satisfied on 16 May 2022.
Charges
A charge registered on 28 Jul 2010 via Charge ID 10229819 with Small Industries Development Bank Of India was fully satisfied on 16 May 2022.
Charges
A charge with Sidbi amounted to Rs. 6.78 Lakh with Charge ID 100337287 was registered on 20 Mar 2020.
Appointed
Bhanu Partap Suri was appointed as Director.
Ceased
Vandana Suri ceased to be Additional Director.
Charges
A charge with Small Industries Development Bank Of India amounted to Rs. 30.00 Lakh with Charge ID 10229819 was registered on 28 Jul 2010.
Ceased
Ajay Suri ceased to be Director.
Ceased
Sat Pal Suri ceased to be Director.
Appointed
Vandana Suri was appointed as Director.
Charges
A charge with Rajashthan Financial Corporation amounted to Rs. 2.53 Lakh with Charge ID 90181883 was registered on 31 Dec 1993.
2 earlier events are in the company report.
Frequently asked questions
Pal Innovations is an active private limited company based in Bhiwadi, Rajasthan, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 22 March 1988 (38+ years old) and is registered under CIN U29249CH1988PTC008138.
Pal Innovations has 3 current directors:
- Vandana Suri - Director
- Bhanu Partap Suri - Director
- Sanjay Suri - Director
The latest financial statements of Pal Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Pal Innovations is 08AACCP1655P1ZZ, registered in Rajasthan.
The CIN (Corporate Identification Number) of Pal Innovations is U29249CH1988PTC008138. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pal Innovations has 7 court cases on record: 5 filed by the company and 2 filed against it. Most are in the high courts.
Pal Innovations was incorporated on 22 March 1988, making it 38+ years old. It is registered with the Registrar of Companies, Jaipur.
Bhanu Partap Suri was appointed as Director on 25 May 2017. Vandana Suri ceased to be Additional Director on 25 Aug 2010. Ajay Suri ceased to be Director on 15 Apr 2010. Pal Innovations has 6 board changes on record in total.
Yes, Pal Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-RJ-02-0029606).
Pal Innovations has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 08 Jun 2019.
Pal Innovations can be reached through the website palinnovations.com. Its registered office is in Bhiwadi, Rajasthan, India.