Palace Developers Private Limited
About Palace Developers Private Limited
Data last updated:
Palace Developers Private Limited was a private limited company based in Mumbai, Maharashtra, 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 real estate leasing and property management segment of the real estate and construction sector. It was incorporated on 31 August 1994.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH1994PTC080652.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Aparna Ashok Gupta and Ashok Kumar Gupta.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 164 Cmittal Tower Mariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2017, the company reported a revenue of ₹63,000. For the same year it recorded a net profit of ₹40,299 (net margin 64%) and EBITDA of ₹49,785 (EBITDA margin 79%).
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Company details
Contact details
Palace Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address164 Cmittal Tower Mariman Point, Mumbai, Maharashtra, India – 400021
- IndustryReal Estate and Construction, Real Estate Leasing
To see the full contact details of Palace Developers 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 Palace Developers is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
Financials of Palace Developers Private Limited
FY 2017 filings availablePalace Developers Private Limited reported revenue of ₹63,000 for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹63,000 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹49,785 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹40,299 | ||
| 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 | 79% | ||
| Net Profit Margin | 64% | ||
| 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 Palace Developers Private Limited, buy the company report.
Board of directors of Palace Developers Private Limited
Palace Developers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aparna Ashok Gupta Also directs: United Properties & Leasing Private Limited, Mangla Brothers Private Limited, Mangla Hospitality Limited and 2 more | Director | 31 Aug 1994 | 32 Years 2 Months | As last reported |
| Ashok Kumar Gupta Also directs: Mangla Gupta Plantations Private Limited, United Properties & Leasing Private Limited, Mangla Brothers Private Limited and 5 more | Director | 31 Aug 1994 | 32 Years 2 Months | As last reported |
Peer comparison
Palace Developers 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pharmakon Distributors Private Limited | ₹63,434 (FY 2025) | -94.0% | Kolkata, West Bengal, India | |||
| Trapeze Developers Pvt Ltd | ₹63,290 (FY 2025) | Hyderabad, Telangana, India | ||||
| Palace Developers Private Limitedthis company | ₹63,000 (FY 2017) | ₹40,299 | 64% | Mumbai, Maharashtra, India | ||
| Agasthya Properties Private Limited | ₹63,000 (FY 2025) | 207.0% | Ropar, Punjab, India | |||
| Valream Private Limited | ₹63,000 (FY 2024) | 300.0% | Kolkata, West Bengal, India | |||
| Shriom Buildcon Private Limited | ₹63,000 (FY 2025) | 5.0% | Jhansi, Uttar Pradesh, India | |||
| Liberal Apartments Private Limited | ₹62,944 (FY 2016) | -81.0% | Kolkata, West Bengal, India | |||
| Harihar Projects Private Limited | ₹62,850 (FY 2025) | 738.0% | New Delhi, Delhi, India | |||
| Gulmarg Builders Private Limited | ₹62,803 (FY 2024) | 46.0% | New Delhi, Delhi, India | |||
| PNC Power Private Limited | ₹62,707 (FY 2022) | 20.0% | Delhi, India | |||
| Gajrup Infrahomes Private Limited | ₹62,680 (FY 2021) | -40.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Palace Developers Private Limited, buy the company report.
Auditor
Palace Developers Private Limited is audited by R.SONI & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.SONI & CO. | FY 2017 | 133240 |
Shareholding
The shareholding of Palace Developers 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 Palace Developers Private Limited, buy the company report.
Legal cases
Palace Developers Private Limited has 1 court case on record: 1 filed by Palace Developers. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against individuals | Pending |
To see the full case history of Palace Developers 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 Palace Developers 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 Palace Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Palace Developers Private Limited has 2 board changes on record since 1994: 2 appointments. The latest: Aparna Ashok Gupta was appointed as Director on 31 Aug 1994.
Frequently asked questions
Palace Developers 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.
Palace Developers was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate leasing, within the real estate and construction industry. It was incorporated on 31 August 1994 and is registered under CIN U70102MH1994PTC080652. The company has been struck off by the Registrar of Companies and is no longer operational.
Palace Developers had 2 directors:
- Aparna Ashok Gupta - Director
- Ashok Kumar Gupta - Director
The CIN (Corporate Identification Number) of Palace Developers is U70102MH1994PTC080652. 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 Palace Developers is at 164 Cmittal Tower Mariman Point, Mumbai, Maharashtra, India – 400021.
Palace Developers was incorporated on 31 August 1994. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Palace Developers on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
Palace Developers operated in the real estate and construction industry, in the real estate leasing segment. It worked in this industry before it was struck off.
The peers of Palace Developers by revenue are Pharmakon Distributors Private Limited, Trapeze Developers Pvt Ltd, Agasthya Properties Private Limited, Valream Private Limited, Shriom Buildcon Private Limited and 5 more, all in the same principal business activity (real estate activities with own or leased property).
Palace Developers has 1 court case on record: 1 filed by the company. 1 is pending.
Aparna Ashok Gupta was appointed as Director on 31 Aug 1994. Ashok Kumar Gupta was appointed as Director on 31 Aug 1994.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
