Palace India Limited
About Palace India Limited
Data last updated:
Palace India Limited is a public limited company based in New Delhi, Delhi, India. It operates in the investment banking and advisory segment of the financial services sector. It was incorporated on 24 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1995PLC066720.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹9.07 Lakh. It is led by directors including Naresh Sabharwal and Sushila Sabharwal.
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 C – 36 Gulmohar Park, New Delhi, Delhi, India – 110049.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.13 Cr. For the same year it recorded a net profit of ₹1.1 Cr (net margin 97.4%) and EBITDA of -₹1.1 Lakh (EBITDA margin -1%). Revenue has grown at a compounded annual rate (CAGR) of 932% over three years.
As per MCA filings, the company has satisfied charges of ₹2.2 Cr on record. Court records list 9 cases involving the company, including 9 filed by the company; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Palace India Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 36 Gulmohar Park, New Delhi, Delhi, India – 110049
- IndustryFinancial Services, Investment Banking & Advisory
To see the full contact details of Palace India 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
Financials of Palace India Limited
FY 2025 filings availablePalace India Limited reported revenue of ₹1.13 Cr for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 932% over three years. 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.13 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹1.1 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹1.1 Cr | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -1% | |
| Net Profit Margin | 97.4% | |
| 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 India Limited, buy the company report.
Board of directors of Palace India Limited
Palace India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohan Rajan Also directs: Kyasha Hospitality LLP | Additional Director | 13 Feb 2017 | 9 Years 8 Months | Current |
| Naresh Sabharwal Also directs: JMD Chattels Private Limited | Director | 24 Mar 1995 | 31 Years 7 Months | Current |
| Sushila Sabharwal | Director | 24 Mar 1995 | 31 Years 7 Months | Current |
Auditor
Palace India Limited is audited by B L AGGARWAL SOHWASIA & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B L AGGARWAL SOHWASIA & CO | FY 2016 | 004185N |
Shareholding
The shareholding of Palace India 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 India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Feb 2010 | 10203078 | Religare Finvest Limited | ₹2 Cr | Satisfied | |
| 28 Sep 1998 | 90042301 | Bank of Baroda | ₹20 Lakh | Satisfied |
To see the full charge records of Palace India Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Palace India Limited has 9 court cases on record: 9 filed by Palace India. 3 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 0 | 3 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur District, Rajasthan | Civil miscellaneous application | Filed by the company against Ms. Queens Granite Pvt. Ltd. | Disposed |
| High Court of Rajasthan | Court case (WMAP) | Filed by the company against State of Rajasthan | Pending |
| High Court | Writ petition | Filed by the company against an individual | Pending |
| High Court | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| High Court of Rajasthan | Court case (WMAP) | Filed by the company against The Jaipur Development Authority | Disposed |
To see the full case history of Palace India 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 India 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 India Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Palace India Limited has 4 board changes on record since 1995: 3 appointments and 1 cessation. The latest: Sukhdev Swami ceased to be Director on 16 Feb 2017.
Frequently asked questions
Palace India is an active public limited company based in New Delhi, Delhi, India. The company works in investment banking and advisory, within the financial services industry. It was incorporated on 24 March 1995 (31+ years old) and is registered under CIN U74899DL1995PLC066720.
Palace India has 3 current directors:
- Rohan Rajan - Additional Director
- Naresh Sabharwal - Director
- Sushila Sabharwal - Director
The latest financial statements of Palace India 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 CIN (Corporate Identification Number) of Palace India is U74899DL1995PLC066720. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palace India has 9 court cases on record: 9 filed by the company. 3 are pending. Most are in the high courts.
Palace India was incorporated on 24 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Delhi.
Sukhdev Swami ceased to be Director on 16 Feb 2017. Rohan Rajan was appointed as Additional Director on 13 Feb 2017. Naresh Sabharwal was appointed as Director on 24 Mar 1995. Palace India has 4 board changes on record in total.
The registered office of Palace India is at C – 36 Gulmohar Park, New Delhi, Delhi, India – 110049.
Palace India operates in the financial services industry, in the investment banking and advisory segment.
Palace India has no open charges and satisfied charges of ₹2.2 Cr as per latest MCA filings.