About Palak Agency Private Limited
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Palak Agency Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 19 June 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51100MH1998PTC115425. Its GSTIN is 27AACCP3025H1ZO (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹26.8 Lakh. It is led by directors Surendra Deepchand Sharma and Seema Sunil Omble.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.01 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹47.1 Lakh and EBITDA of -₹38.46 Lakh (EBITDA margin -427.1%). Revenue has declined at a compounded annual rate (CAGR) of 75% over three years and 79% over five years.
As per MCA filings, the company has open charges of ₹675 Cr and satisfied charges of ₹295 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 2 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 palakagency.com.
Company details
Contact details
Palak Agency Private Limited's registered office is in Mumbai, Maharashtra. Its website is palakagency.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address525 Nav Vyapar Bhawan 49, P D Mello Road Carnac Bunder, Mumbai, Maharashtra, India – 400009
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Palak Agency 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 Palak Agency is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Palak Agency Private Limited, buy the company report.
Financials of Palak Agency Private Limited
FY 2025 filings availablePalak Agency Private Limited reported revenue of ₹9.01 Lakh (down 87% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 79% over five years, including a 87% fall in the latest year. EBITDA fell 338% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹38.46 Lakh | ||||
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| Net Profit (PAT) | -₹47.1 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -427.1% | ||||
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To see the full financial statements and ratios of Palak Agency Private Limited, buy the company report.
Board of directors of Palak Agency Private Limited
Palak Agency has 2 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surendra Deepchand Sharma | Director | 31 Jan 2022 | 4 Years 9 Months | Current |
| Seema Sunil Omble | Director | 01 Sep 2025 | 1 Years 2 Months | Current |
Auditor
Palak Agency Private Limited is audited by Garg Bros & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Garg Bros & Associates | FY 2023 | 001005N |
Shareholding
The shareholding of Palak Agency Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Palak Agency Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jun 2019 | 100273453 | Others | ₹250 Cr | Open | |
| 20 May 2017 | 100103058 | Others | ₹150 Cr | Open | |
| 08 Feb 2017 | 100081393 | Others | ₹275 Cr | Open | |
| 17 Jun 2015 | 10579579 | Punjab and Maharashtra Co-Operative Bank Limited | ₹65 Cr | Satisfied | |
| 01 Apr 2015 | 10565602 | Rbl Bank Limited | ₹180 Cr | Satisfied |
To see the full charge records of Palak Agency Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Palak Agency Private Limited has 5 court cases on record: 2 filed by Palak Agency, 3 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 2 |
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed against the company by Ajs Impex Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SW CASES W) | Filed against the company | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Police cases PW) | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 4 others | Disposed |
To see the full case history of Palak Agency 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 Palak Agency Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Palak Agency has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCP3025H1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Palak Agency Private Limited, buy the company report.
Recent activity
Palak Agency Private Limited has 36 board changes on record since 2005: 19 appointments and 17 cessations. The latest: Sushil Kumar Dham ceased to be Director on 31 Dec 2025.
38 earlier events are in the company report.
Frequently asked questions
Palak Agency is an active private limited company based in Mumbai, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 19 June 1998 (28+ years old) and is registered under CIN U51100MH1998PTC115425.
Palak Agency has 2 current directors:
- Surendra Deepchand Sharma - Director
- Seema Sunil Omble - Director
The latest financial statements of Palak Agency 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 Palak Agency is 27AACCP3025H1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Palak Agency is U51100MH1998PTC115425. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palak Agency has 5 court cases on record: 2 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Palak Agency was incorporated on 19 June 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
Sushil Kumar Dham ceased to be Director on 31 Dec 2025. Seema Sunil Omble was appointed as Director on 01 Sep 2025. Dipak Kantilal Sanghvi ceased to be Director on 31 Jan 2022. Palak Agency has 36 board changes on record in total.
Palak Agency can be reached through the website palakagency.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Palak Agency is at 525 Nav Vyapar Bhawan 49, P D Mello Road Carnac Bunder, Mumbai, Maharashtra, India – 400009.
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