Palace Electronics Private Limited

Palace Electronics Private Limited - consumer electronics & durables in Indore, Madhya Pradesh, India. Directors, charges & compliance details.
CIN U32201MP1998PTC012946 Incorporated 16 July 1998 ROC Gwalior HQ Indore, Madhya Pradesh, India
Struck Off Private Limited Company consumer electronics and durables
Data last updated
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Satisfied charges
₹1.75 Cr
No open charges
Company age
28 yrs
Est. 1998
Directors on board
2
As per MCA filings
Last financials
Mar 2010
Balance sheet date
Last AGM
30 Sep 2010
Annual general meeting
Company status
Struck Off
MCA master data

About Palace Electronics Private Limited

Data last updated:

Palace Electronics Private Limited was a private limited company based in Indore, Madhya Pradesh, 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 electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 16 July 1998.

The company was registered with the Registrar of Companies (ROC), Gwalior, under CIN U32201MP1998PTC012946.

The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It was led by directors Nitin Bajaj and Mahesh Bajaj.

Its last annual general meeting (AGM) was held on 30 September 2010, and its latest financial statements are for the year ended 31 March 2010. The registered office was at 29 Maharani Road, Indore, Madhya Pradesh, India – 452001.

As per MCA filings, the company had satisfied charges of ₹1.75 Cr on record.

Company Details of Palace Electronics Private Limited
CIN U32201MP1998PTC012946
Registration Number 012946
Incorporation Date 16 July 1998
ROC Gwalior
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2010
Date of Balance Sheet 31 March 2010
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    29 Maharani Road, Indore, Madhya Pradesh, India – 452001
  • Industry
    Consumer Electronics & Durables, Electronics Manufacturing
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Financials, compliance, directors, charges, ownership and filings for Palace Electronics Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Board of Directors of Palace Electronics Private Limited

Palace Electronics has 2 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Nitin BajajDirector01 Jun 199927 Years 4 MonthsAs last reported
Mahesh BajajDirector16 Jul 199828 Years 2 MonthsAs last reported

Financials of Palace Electronics Private Limited FY 2010 filings available

Financial Statement Summary of Palace Electronics Private Limited

MetricsFY 2009-10
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••••
Profit Before Tax••••
Tax Expense••••
Net Profit (PAT)••••
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 of Palace Electronics Private Limited

MetricsFY 2009-10
Profitability
EBITDA Margin••••
Net Profit Margin••••
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••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Palace Electronics are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Verified entity values are shown only after access is granted.

Charges & Borrowings of Palace Electronics Private Limited

Open charges
None
Satisfied charges
₹1.75 Cr
Breakdown by lending institutions
Dena Bank₹1.75 Cr
Latest charge details
DateLenderAmountStatus
05 Jan 2001Dena Bank₹1.5 CrSatisfied
11 Nov 1998Dena Bank₹15 LakhSatisfied
11 Nov 1998Dena Bank₹10 LakhSatisfied

Total charge records: 3 View all charges

Employees and EPFO Compliance at Palace Electronics Private Limited

Employment history and EPFO contributions of people linked to Palace Electronics.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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GST Compliance of Palace Electronics Private Limited

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GST registrations and filing compliance

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Credit Ratings, Litigation & Regulatory Alerts for Palace Electronics Private Limited

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Credit ratings, litigation, and regulatory alerts

Credit ratings, court records and regulatory alerts are in the company report.

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MSME Payment Delays by Palace Electronics Private Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Palace Electronics Private Limited

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Corporate group structure

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MCA Filings & Documents of Palace Electronics Private Limited

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MCA filings and documents

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  • Annual returns and statements
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Recent Activity on Palace Electronics Private Limited

Activity
30 Sep 2010
Palace Electronics Private Limited last Annual general meeting of members was held on 30 Sep 2010 as per latest MCA records.
Charges
23 Jun 2010
A charge registered on 05 Jan 2001 via Charge ID 90208782 with Dena Bank was fully satisfied on 23 Jun 2010.
Charges
23 Jun 2010
A charge registered on 11 Nov 1998 via Charge ID 80059928 with Dena Bank was fully satisfied on 23 Jun 2010.
Charges
23 Jun 2010
A charge registered on 11 Nov 1998 via Charge ID 90208314 with Dena Bank was fully satisfied on 23 Jun 2010.
Activity
31 Mar 2010
Palace Electronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2010 with Roc Gwalior.
Charges
19 Mar 2004
A charge with Dena Bank of Rs. 150.00 Lakh registered on 05 Jan 2001 with Charge ID 90208782 was modified on 19 Mar 2004.

Frequently Asked Questions about Palace Electronics Private Limited

Palace Electronics 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 Electronics was a private limited company based in Indore, Madhya Pradesh, India. The company worked in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 16 July 1998 and is registered under CIN U32201MP1998PTC012946. The company has been struck off by the Registrar of Companies and is no longer operational.

Palace Electronics had 2 directors:

The CIN (Corporate Identification Number) of Palace Electronics is U32201MP1998PTC012946. 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 Electronics is at 29 Maharani Road, Indore, Madhya Pradesh, India – 452001.

Palace Electronics was incorporated on 16 July 1998. It is registered with the Registrar of Companies, Gwalior.

Palace Electronics has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh.

Palace Electronics operated in the consumer electronics and durables industry, in the electronics manufacturing segment. It worked in this industry before it was struck off.

No. Palace Electronics is not listed on any stock exchange. It is an unlisted company.

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