About Palaceio Property Developers Private Limited
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Palaceio Property Developers Private Limited is a private limited company based in Goa, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 19 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U70101GA2006PTC004699. Its GSTIN is 30AADCP9207A1Z2 (Goa).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.51 Lakh. It was formerly known as Palacio Property Developers Private Limited. It is led by directors including Varun Mohit Gupta and Vinay Inderbhan Bhasin.
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 House No. 1156 – C – 9 Goa Velha Tiswadi Panjim, Goa, India – 403402.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.91 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net loss of ₹36.83 Lakh (net margin -6.2%) and EBITDA of -₹26.98 Lakh (EBITDA margin -4.6%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 32% over five years.
As per MCA filings, the company has open charges of ₹12.58 Lakh and satisfied charges of ₹14 Cr on record. Court records list 21 cases involving the company, including 10 filed by the company and 11 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website palacio.in.
Company details
Contact details
Palaceio Property Developers Private Limited's registered office is in Goa. Its website is palacio.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHouse No. 1156 – C – 9 Goa Velha Tiswadi Panjim, Goa, India – 403402
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Palaceio Property 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 Palaceio Property 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 |
To see the full business activity and turnover split of Palaceio Property Developers Private Limited, buy the company report.
Financials of Palaceio Property Developers Private Limited
FY 2025 filings availablePalaceio Property Developers Private Limited reported revenue of ₹5.91 Cr (down 42% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 42% fall in the latest year. EBITDA fell 179% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹26.98 Lakh | ||||
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| Net Profit (PAT) | -₹36.83 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -4.6% | ||||
| Net Profit Margin | -6.2% | ||||
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To see the full financial statements and ratios of Palaceio Property Developers Private Limited, buy the company report.
Board of directors of Palaceio Property Developers Private Limited
Palaceio Property Developers has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varun Mohit Gupta Also directs: Trent Hospitality LLP, Santarini Travel Ideas LLP, Velvett Hotels Private Limited and 5 more | Director | 25 Jun 2019 | 7 Years 3 Months | Current |
| Vinay Inderbhan Bhasin Also directs: Aquarela Hospitality LLP, Trent Hospitality LLP, Palacio Properties Private Limited and 4 more | Director | 01 Apr 2022 | 4 Years 6 Months | Current |
| Mohit Madanlal Gupta Also directs: Aquarela Hospitality LLP, Trent Hospitality LLP, Santarini Travel Ideas LLP and 5 more | Director | 21 Aug 2017 | 9 Years 2 Months | Current |
Peer comparison
Palaceio Property Developers Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with 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 |
|---|---|---|---|---|---|---|
| Tci Infrastructure Limited | ₹5.94 Cr (FY 2025) | 9.0% | Secunderabad, Telangana, India | |||
| Brajbihari Developers Private Limited | ₹5.94 Cr (FY 2025) | 889.0% | Kolkata, West Bengal, India | |||
| Palaceio Property Developers Private Limitedthis company | ₹5.91 Cr (FY 2024) | -₹36.83 Lakh | -6.2% | -42.0% | Goa, India | |
| Kasa Development Pvt Ltd | ₹5.9 Cr (FY 2025) | 205.0% | Howrah, West Bengal, India | |||
| Shreekanth Promoters Private Limited | ₹5.89 Cr (FY 2024) | 218.0% | Meerut, Uttar Pradesh, India |
To see the full peer comparison of Palaceio Property Developers Private Limited, buy the company report.
Auditor
Palaceio Property Developers Private Limited is audited by R K PIKALE & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R K PIKALE & CO | FY 2019 | 107919W |
Shareholding
The shareholding of Palaceio Property Developers Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Palaceio Property Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2022 | 100698911 | Hdfc Bank Limited | ₹12.58 Lakh | Open | |
| 13 Mar 2010 | 10210034 | State Bank of India | ₹14 Cr | Satisfied |
To see the full charge records of Palaceio Property Developers Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Palaceio Property Developers Private Limited has 21 court cases on record: 10 filed by Palaceio Property Developers, 11 filed against it. 7 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 5 | 4 |
| High courts | 9 | 5 | 3 |
| Supreme Court | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Prism Johnson Ltd | Disposed |
| District court, North Goa, Goa | Appeal | Filed against the company by an individual | Pending |
| Bombay High Court | Appeal | Filed against the company by an individual | Pending |
| District court, North Goa, Goa | Civil suit | Filed by the company against an individual | Pending |
| District court, North Goa, Goa | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Palaceio Property 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 Palaceio Property Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Palaceio Property Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AADCP9207A1Z2 | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Palaceio Property Developers Private Limited, buy the company report.
Recent activity
Palaceio Property Developers Private Limited has 8 board changes on record since 2015: 3 appointments and 5 cessations. The latest: Vinay Inderbhan Bhasin ceased to be Additional Director on 30 Sep 2022.
2 earlier events are in the company report.
Frequently asked questions
Palaceio Property Developers is an active private limited company based in Goa, India. The company works in real estate financing, within the financial services industry. It was incorporated on 19 June 2006 (20+ years old) and is registered under CIN U70101GA2006PTC004699.
Palaceio Property Developers has 3 current directors:
- Varun Mohit Gupta - Director
- Vinay Inderbhan Bhasin - Director
- Mohit Madanlal Gupta - Director
The latest financial statements of Palaceio Property Developers 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 GSTIN of Palaceio Property Developers is 30AADCP9207A1Z2, registered in Goa.
The CIN (Corporate Identification Number) of Palaceio Property Developers is U70101GA2006PTC004699. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palaceio Property Developers has 21 court cases on record: 10 filed by the company and 11 filed against it. 7 are pending. Most are in the district courts.
Palaceio Property Developers was incorporated on 19 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Goa.
The peers of Palaceio Property Developers by revenue are Tci Infrastructure Limited, Brajbihari Developers Private Limited, Kasa Development Pvt Ltd, Shreekanth Promoters Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Vinay Inderbhan Bhasin ceased to be Additional Director on 30 Sep 2022. Vinay Inderbhan Bhasin was appointed as Director on 01 Apr 2022. Varun Mohit Gupta ceased to be Additional Director on 30 Sep 2019. Palaceio Property Developers has 8 board changes on record in total.
Palaceio Property Developers can be reached through the website palacio.in. Its registered office is in Goa, India.
The registered office of Palaceio Property Developers is at House No. 1156 – C – 9 Goa Velha Tiswadi Panjim, Goa, India – 403402.