Palace Infratech Private Limited
About Palace Infratech Private Limited
Data last updated:
Palace Infratech Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 14 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U70102PB2011PTC035743. Its GSTIN is 03AAGCP3488G1ZD (Punjab).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹22 Lakh. It is led by directors Sorav Jain and Rakesh Kumar Jain.
Its last annual general meeting (AGM) was held on 04 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ckse Gill Farm Agar Nagar Enclave, Ludhiana, Punjab, India – 141001.
As per the financials filed for FY 2023, the company reported a revenue of ₹90 Lakh, a growth of 38% compared to the previous year. Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹8.16 Cr and satisfied charges of ₹3.75 Cr on record. Court records list 13 cases involving the company, including 8 filed by the company and 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressCkse Gill Farm Agar Nagar Enclave, Ludhiana, Punjab, India – 141001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Financials of Palace Infratech Private Limited FY 2025 filings available
Palace Infratech Private Limited reported revenue of ₹90 Lakh (up 38% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Palace Infratech Private Limited
Revenue rose 38% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 18%. 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 of Palace Infratech Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹90 Lakh | •••• | •••• | •••• | •••• |
| 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 Infratech Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 Infratech are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Palace Infratech Private Limited
Palace Infratech Private Limited is audited by KAPOOR RAJESH & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KAPOOR RAJESH & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Palace Infratech Private Limited
Palace Infratech has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sorav Jain | Director | 14 Dec 2011 | 14 Years 9 Months | Current |
| Rakesh Kumar Jain Also directs: Ajar Amar Steel Concast Private Limited | Director | 07 Apr 2023 | 3 Years 6 Months | Current |
Ownership and Shareholding of Palace Infratech Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Palace Infratech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Nov 2023 | Others | ₹5.38 Cr | Open |
| 12 Jul 2019 | Others | ₹2.78 Cr | Open |
| 14 Aug 2018 | Others | ₹1.3 Cr | Satisfied |
| 31 May 2017 | Others | ₹94.52 Lakh | Satisfied |
| 23 Jun 2012 | Indian Overseas Bank | ₹1.5 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Palace Infratech Private Limited
Palace Infratech Private Limited has 13 court cases on record: 8 filed by Palace Infratech, 5 filed against it. All cases are disposed. Status as checked between 01 Oct 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 4 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (4 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by Punjab State Power Corporation Limited | Disposed |
| High Court of Punjab and Haryana | Appeal | Filed against the company by State of Punjab | Disposed |
| High Court of Punjab and Haryana | Appeal | Filed by the company against State of Punjab & Ors | Disposed |
| High Court of Punjab and Haryana | Court case (COCP) | Filed by the company against an individual | Disposed |
Full case history
All 13 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Palace Infratech Private Limited
Employment history and EPFO contributions of people linked to Palace Infratech.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Palace Infratech Private Limited
Palace Infratech Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Rakesh Kumar Jain was appointed as Director on 07 Apr 2023.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Palace Infratech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Palace Infratech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Palace Infratech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Palace Infratech Private Limited
Palace Infratech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAGCP3488G1ZD | Punjab | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Palace Infratech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Palace Infratech Private Limited
Palace Infratech is an active private limited company based in Ludhiana, Punjab, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 14 December 2011 (15+ years old) and is registered under CIN U70102PB2011PTC035743.
Palace Infratech reported revenue of ₹90 Lakh for FY 2023 (up 38% YoY).
Palace Infratech has 2 current directors:
- Sorav Jain - Director
- Rakesh Kumar Jain - Director
The compounded annual growth rate (CAGR) of the revenue of Palace Infratech is 26% over three years and -18% over five years. In the latest year (FY 2023) revenue rose 38%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Palace Infratech is 03AAGCP3488G1ZD, registered in Punjab.
The CIN (Corporate Identification Number) of Palace Infratech is U70102PB2011PTC035743. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palace Infratech has 13 court cases on record: 8 filed by the company and 5 filed against it. Most are in the high courts.
Palace Infratech was incorporated on 14 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chandigarh.
Rakesh Kumar Jain was appointed as Director on 07 Apr 2023. Sukhjeet Singh ceased to be Additional Director on 03 Sep 2019. Ravinder Singh ceased to be Additional Director on 29 Sep 2018. Palace Infratech has 6 board changes on record in total.
The registered office of Palace Infratech is at Ckse Gill Farm Agar Nagar Enclave, Ludhiana, Punjab, India – 141001.