Palak Projects Private Limited
About Palak Projects Private Limited
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Palak Projects Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 05 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45400WB2008PTC129137.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹36.06 Lakh. It is led by directors Alok Rungta and Ashish Rungta.
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 Diamond Prestige Room No 310 41A A J C Bose Road, Kolkata, West Bengal, India – 700017.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.93 Lakh, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹3.03 Lakh (net margin 43.8%) and EBITDA of ₹4.03 Lakh (EBITDA margin 58.2%). Revenue has grown at a compounded annual rate (CAGR) of 1% over five years.
As per MCA filings, the company has open charges of ₹7.49 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Palak Projects Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDiamond Prestige Room No 310 41A A J C Bose Road, Kolkata, West Bengal, India – 700017
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Palak Projects 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 Projects 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 Palak Projects Private Limited, buy the company report.
Financials of Palak Projects Private Limited
FY 2025 filings availablePalak Projects Private Limited reported revenue of ₹6.93 Lakh (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 7% 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 | ₹4.03 Lakh | ||||
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| Net Profit (PAT) | ₹3.03 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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| EBITDA Margin | 58.2% | ||||
| Net Profit Margin | 43.8% | ||||
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To see the full financial statements and ratios of Palak Projects Private Limited, buy the company report.
Board of directors of Palak Projects Private Limited
Palak Projects 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 |
|---|---|---|---|---|
| Alok Rungta | Director | 28 May 2009 | 17 Years 4 Months | Current |
| Ashish Rungta Also directs: Canary Hills Beverages Private Limited, RCR Steel Works Private Limited, Vikash Fastners Pvt Ltd and 5 more | Director | 28 May 2009 | 17 Years 4 Months | Current |
Auditor
Palak Projects Private Limited is audited by B A S & CO LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B A S & CO LLP | FY 2018 | 323347E |
Shareholding
The shareholding of Palak Projects Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Palak Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Feb 2015 | 10565404 | Punjab National Bank | ₹2.14 Cr | Open | |
| 03 Aug 2012 | 10369548 | Punjab National Bank | ₹5.35 Cr | Open |
To see the full charge records of Palak Projects Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Palak Projects Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Palak Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Palak Projects Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Palak Projects Private Limited has 4 board changes on record since 2009: 2 appointments and 2 cessations. The latest: Kailash Chandra Agarwal ceased to be Director on 26 Mar 2011.
Frequently asked questions
Palak Projects is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate financing, within the financial services industry. It was incorporated on 05 September 2008 (18+ years old) and is registered under CIN U45400WB2008PTC129137.
Palak Projects has 2 current directors:
- Alok Rungta - Director
- Ashish Rungta - Director
The latest financial statements of Palak Projects 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 CIN (Corporate Identification Number) of Palak Projects is U45400WB2008PTC129137. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palak Projects was incorporated on 05 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Kolkata.
Kailash Chandra Agarwal ceased to be Director on 26 Mar 2011. Nisha Agarwal ceased to be Director on 03 Nov 2009. Alok Rungta was appointed as Director on 28 May 2009. Palak Projects has 4 board changes on record in total.
The registered office of Palak Projects is at Diamond Prestige Room No 310 41A A J C Bose Road, Kolkata, West Bengal, India – 700017.
Palak Projects operates in the financial services industry, in the real estate financing segment.
Palak Projects has open charges of ₹7.49 Cr and no satisfied charges on record as per latest MCA filings.
The compliance status of Palak Projects is compliant as of 27 July 2026. The company is actively filing with the Registrar of Companies.