Palak Construction Private Limited
About Palak Construction Private Limited
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Palak Construction Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 05 January 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH1993PTC070285. Its GSTIN is 27AABCP4119M1Z9 (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Mohini Pramodkumar Goyal and Neha Vineet Goel.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 304 Chandra Sagar Soc.Gokul Dham Goregaon East, Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2018, the company reported a revenue of ₹7.2 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹7.37 Lakh (net margin -102.4%) and EBITDA of -₹2.02 Lakh (EBITDA margin -28.1%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.5 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address304 Chandra Sagar Soc.Gokul Dham Goregaon East, Mumbai, Maharashtra, India – 400063
- 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
Business Activity of Palak Construction Private Limited
The main business activity of Palak Construction is construction. In detail, this covers roads, railways, utility projects.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Palak Construction Private Limited FY 2018 filings available
Palak Construction Private Limited reported revenue of ₹7.2 Lakh (down 92% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Palak Construction Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 54% over three years, including a 92% fall in the latest year. EBITDA rose 77% 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 of Palak Construction Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹2.02 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7.37 Lakh | •••• | •••• | •••• |
| 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 Palak Construction Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -28.1% | •••• | •••• | •••• |
| Net Profit Margin | -102.4% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
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 Palak Construction 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.
Peer Comparison of Palak Construction Private Limited
Palak Construction Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Scope Properties Private Limited | ₹7.21 Lakh (FY 2018) | •••• | •••• | -95.0% | •••• | Chennai, Tamil Nadu, India |
| Felspar Credit and Investments Private Limited | ₹7.21 Lakh (FY 2024) | •••• | •••• | -90.0% | •••• | Chennai, Tamil Nadu, India |
| Pee Aar Jatin Devlopers Private Limited | ₹7.21 Lakh (FY 2016) | •••• | •••• | 7.0% | •••• | Kanpur, Uttar Pradesh, India |
| SPJ Exim Services Private Limited | ₹7.2 Lakh (FY 2024) | •••• | •••• | 39.0% | •••• | New Delhi, Delhi, India |
| Elixir Conbuild Private Limited | ₹7.2 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Delhi, India |
| Palak Construction Private Limited this company | ₹7.2 Lakh (FY 2018) | •••• | •••• | -92.0% | •••• | Mumbai, Maharashtra, India |
| Glorious Agroinfra Limited | ₹7.2 Lakh (FY 2021) | •••• | •••• | -70.0% | •••• | Lucknow, Uttar Pradesh, India |
| Venus Leisure (India) Limited | ₹7.2 Lakh (FY 2024) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Atindra Infrastructure Private Limited | ₹7.2 Lakh (FY 2024) | •••• | •••• | -2.0% | •••• | Kolkata, West Bengal, India |
| Gayathri Towers Private Limited | ₹7.2 Lakh (FY 2025) | •••• | •••• | -99.0% | •••• | Hyderabad, Telangana, India |
| Prampara Buildcon Private Limited | ₹7.2 Lakh (FY 2025) | •••• | •••• | -15.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Palak Construction by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Palak Construction Private Limited
Palak Construction Private Limited is audited by AGRAWAL & CHHAJED for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AGRAWAL & CHHAJED | 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 Palak Construction Private Limited
Palak Construction has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohini Pramodkumar Goyal Also directs: Parul Trading Private Limited, Palak Communication Private Limited | Director | 05 Jan 1993 | 33 Years 9 Months | Current |
| Neha Vineet Goel Also directs: Parul Trading Private Limited, Palak Communication Private Limited | Director | 02 Apr 2018 | 8 Years 6 Months | Current |
Ownership and Shareholding of Palak Construction 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 Palak Construction Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Mar 2009 | Oriental Bank of Commerce | ₹1.5 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Palak Construction Private Limited
Palak Construction Private Limited has 6 court cases on record: 2 filed by Palak Construction, 4 filed against it. All cases are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
| District courts | 3 | 3 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by Gail Gas Limited | Disposed |
| High Court of Delhi | Arbitration matter | Filed by the company against Gail Gas Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Chamber Summons) | Filed against the company by an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed against the company by an individual | Disposed |
| High Court of Delhi | Court case (OMP (ENF.) (COMM.)) | Filed by the company against C.E.O Gail Gas (India) | Disposed |
Full case history
All 6 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 Palak Construction Private Limited
Palak Construction Private Limited has a workforce of 1 employees as of Mar 20, 2024.
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 Palak Construction Private Limited
Palak Construction Private Limited has 4 board changes on record since 1993: 2 appointments and 2 cessations. The latest: Vineet Pramod Kumar Goel ceased to be Director on 13 May 2019.
Credit Ratings, Litigation & Regulatory Alerts for Palak Construction 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 Palak Construction 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 Palak Construction 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 Palak Construction Private Limited
Palak Construction has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP4119M1Z9 | Maharashtra | 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 Palak Construction 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 Palak Construction Private Limited
Palak Construction is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 05 January 1993 (33+ years old) and is registered under CIN U45201MH1993PTC070285.
Palak Construction reported revenue of ₹7.2 Lakh for FY 2018 (down 92% YoY).
Palak Construction has 2 current directors:
- Mohini Pramodkumar Goyal - Director
- Neha Vineet Goel - Director
Palak Construction reported a net loss of ₹7.37 Lakh (net margin -102.4%) and EBITDA of -₹2.02 Lakh (EBITDA margin -28.1%) for FY 2018, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Palak Construction is -54% over three years. In the latest year (FY 2018) revenue fell 92%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Palak Construction is 27AABCP4119M1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Palak Construction is U45201MH1993PTC070285. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palak Construction has 6 court cases on record: 2 filed by the company and 4 filed against it. Most are in the high courts.
Palak Construction was incorporated on 05 January 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Palak Construction by revenue are Scope Properties Private Limited, Felspar Credit and Investments Private Limited, Pee Aar Jatin Devlopers Private Limited, SPJ Exim Services Private Limited, Elixir Conbuild Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Vineet Pramod Kumar Goel ceased to be Director on 13 May 2019. Neha Vineet Goel was appointed as Director on 02 Apr 2018. Pramod Premdutt Goel ceased to be Director on 09 Mar 2013. Palak Construction has 4 board changes on record in total.