About Palai Developments Private Limited
Data last updated: 09 February 2026
Palai Developments Private Limited is a private limited company based in Mumbai, Maharashtra, India. It specialises in real estate development and construction, a part of the broader real estate and construction sector. Incorporated on 18 August 2017, the company has been in operation for over 9 years.
Registered with ROC Mumbai under CIN U45309MH2017PTC298756.
Capital: an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Hetal Rajesh Gala and Rajesh Dhanji Gala.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.95 Cr, a decline of 62% compared to the previous year.
As per MCA filings, the company has open charges of ₹310 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website palaigroup.com.
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Registered AddressPlot No. 96 Ground Floor Arudh Niwas, Hindu Colony Lane No. 3 Dadar East, Mumbai, Maharashtra, India – 400014
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IndustryReal Estate and Construction, Real Estate Builders & Developers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Palai Developments Private Limited
Palai Developments Private Limited is engaged in the principal business activity of real estate activities, with detailed activities including real estate activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities | Locked |
Business activity turnover details for Palai Developments Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Auditor Details of Palai Developments Private Limited
Palai Developments Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2018. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deloitte Haskins & Sells LLP | Locked | Locked | Locked |
Complete auditor history for Palai Developments Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Palai Developments Private Limited
Palai Developments Private Limited is currently managed by 2 directors, with 4 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Hetal Rajesh Gala
Also directs:
Once More Productions Llp, Siyuti Clothing Private Limited
|
Director | 22 Nov 2018 | 7 Years 8 Months | Current |
| Rajesh Dhanji Gala | Managing Director | 18 Aug 2017 | 8 Years 11 Months | Current |
Financials of Palai Developments Private Limited FY 2025 filings available
Palai Developments Private Limited reported revenue of ₹21.95 Cr (down 62.00% YoY) for FY 2025.
Ten-year financial statements for Palai Developments Private Limited
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Ownership and Shareholding of Palai Developments Private Limited
Shareholding and ownership data for Palai Developments Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
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Group Structure of Palai Developments Private Limited
Palai Developments Private Limited has 4 associated companies. This group structure data is as of FY 2018. The corporate group structure reflects Palai Developments Private Limited's business expansion strategy and organizational complexity.
Charges & Borrowings of Palai Developments Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2021 | Others | ₹185 Cr | Open |
| 12 Oct 2017 | Others | ₹125 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Palai Developments Private Limited
View historical data on people associated with Palai Developments Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Palai Developments Private Limited
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GST Compliance of Palai Developments Private Limited
GST registrations and filing compliance for Palai Developments Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Palai Developments Private Limited
Credit ratings, litigation, and regulatory alerts for Palai Developments Private Limited
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MSME Payment Delays by Palai Developments Private Limited
MSME payment history for Palai Developments Private Limited
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Subsidiaries & Group Companies of Palai Developments Private Limited
Corporate group structure for Palai Developments Private Limited
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MCA Filings & Documents of Palai Developments Private Limited
MCA filings and documents for Palai Developments Private Limited
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- Annual returns and statements
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Recent Activity on Palai Developments Private Limited
Frequently Asked Questions about Palai Developments Private Limited
Palai Developments Private Limited is an active private limited company in the real estate and construction sector based in Mumbai, Maharashtra, India. It was incorporated on 18 August 2017 (9+ years old) and is registered under CIN U45309MH2017PTC298756.
Palai Developments Private Limited reported revenue of ₹21.95 Cr for FY 2025 (down 62.00% YoY).
The current directors of Palai Developments Private Limited are:
- Hetal Rajesh Gala - Director
- Rajesh Dhanji Gala - Managing Director
The primary industry of Palai Developments Private Limited is real estate and construction. The company specifically operates in real estate builders and developers. The company is currently active in this sector.
Palai Developments Private Limited can be reached at the registered office: Plot No. 96 Ground Floor Arudh Niwas, Hindu Colony Lane No. 3 Dadar East, Mumbai, Maharashtra, India – 400014, or through the website palaigroup.com.
The authorised capital is ₹5 Lakh, and the paid-up capital is ₹5 Lakh.