Palasa Developers Private Limited
About Palasa Developers Private Limited
Data last updated:
Palasa Developers Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the service-based operations segment of the business services sector. It was incorporated on 09 January 2014.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2014PTC251904.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Nitiya Infrastructure Private Limited. It was led by directors including Ramesh Madhavdas Assar and Manish Lalit Dani.
Its last annual general meeting (AGM) was held on 29 August 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Mumbai, Maharashtra.
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- Registered AddressAe – 4050 4th Floor A Tower East Wing Bharat Diamond Bourse G – Block BKC Ban, Dra (East), Mumbai, Maharashtra, India – 400051
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
- 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
Financials of Palasa Developers Private Limited FY 2017 filings available
Financial Statement Summary of Palasa Developers Private Limited
| Metrics | 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 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• |
| 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 Palasa Developers Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• |
| 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 Palasa Developers 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.
Board of Directors of Palasa Developers Private Limited
Palasa Developers has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Madhavdas Assar Also directs: NDM Enterprises Private Limited, Anm Enterprises Private Limited, Neeshal Marketing Private Limited and 5 more | Director | 26 Feb 2014 | 12 Years 7 Months | As last reported |
| Manish Lalit Dani | Director | 26 Feb 2014 | 12 Years 7 Months | As last reported |
| Paresh Pravinbhai Rathod Also directs: Mak Business Enterprise Private Limited, Paundra Enterprises Private Limited, Firestone Trading Private Limited and 1 more | Director | 29 Nov 2017 | 8 Years 10 Months | As last reported |
Charges & Borrowings of Palasa Developers Private Limited
Palasa Developers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Palasa Developers Private Limited
Employment history and EPFO contributions of people linked to Palasa Developers.
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 Palasa Developers Private Limited
Palasa Developers Private Limited has 6 board changes on record since 2014: 3 appointments and 3 cessations. The latest: Ramesh Madhavdas Assar ceased to be Director on 05 Sep 2018.
Credit Ratings, Litigation & Regulatory Alerts for Palasa Developers 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 Palasa Developers 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 Palasa Developers 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 Palasa Developers Private Limited
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 Palasa Developers 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 Palasa Developers Private Limited
Palasa Developers has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Palasa Developers was a private limited company based in Mumbai, Maharashtra, India. The company worked in other services, within the business services industry. It was incorporated on 09 January 2014 and is registered under CIN U74999MH2014PTC251904. The company has been struck off by the Registrar of Companies and is no longer operational.
Palasa Developers had 3 directors:
- Ramesh Madhavdas Assar - Director
- Manish Lalit Dani - Director
- Paresh Pravinbhai Rathod - Director
The CIN (Corporate Identification Number) of Palasa Developers is U74999MH2014PTC251904. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Palasa Developers is at Ae – 4050 4th Floor A Tower East Wing Bharat Diamond Bourse G – Block BKC Ban, Dra East, Mumbai, Maharashtra, India – 400051.
Palasa Developers was incorporated on 09 January 2014. It is registered with the Registrar of Companies, Mumbai.
Palasa Developers has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Palasa Developers operated in the business services industry, in the other services segment. It worked in this industry before it was struck off.
No. Palasa Developers is not listed on any stock exchange. It is an unlisted company.
Ramesh Madhavdas Assar ceased to be Director on 05 Sep 2018. Paresh Pravinbhai Rathod was appointed as Director on 29 Nov 2017. Dakshesh Kantilal Shah ceased to be Director on 26 Feb 2014. Palasa Developers has 6 board changes on record in total.