Palash Finvest Private Limited
About Palash Finvest Private Limited
Data last updated:
Palash Finvest Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the site preparation segment of the construction sector. It was incorporated on 26 July 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45100MH1996PTC101436. Its GSTIN is 27AACCP1071F1ZQ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ketan Prafulchandra Parekh and Minal Ketan Parekh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat No 7 1st Floor Vraj Appartment Navroji Lane Ghatkopar (West), Mumbai, Maharashtra, India – 400086.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.61 Lakh, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹1.99 Lakh (net margin -13.6%) and EBITDA of -₹1.99 Lakh (EBITDA margin -13.6%).
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Palash Finvest has one previous CIN (Corporate Identification Number): U65990MH1996PTC101436. The current CIN is U45100MH1996PTC101436, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45100MH1996PTC101436 | Current |
| U65990MH1996PTC101436 | Previous |
Contact details
Palash Finvest Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No 7 1st Floor Vraj Appartment Navroji Lane Ghatkopar (West), Mumbai, Maharashtra, India – 400086
- IndustryConstruction, Site Preparation
To see the full contact details of Palash Finvest 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
Financials of Palash Finvest Private Limited
FY 2024 filings availablePalash Finvest Private Limited reported revenue of ₹14.61 Lakh (down 95% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 95% in the latest year. EBITDA rose 95% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | -₹1.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.99 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -13.6% | ||||
| Net Profit Margin | -13.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Palash Finvest Private Limited, buy the company report.
Board of directors of Palash Finvest Private Limited
Palash Finvest has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ketan Prafulchandra Parekh | Director | 14 Jul 2022 | 4 Years 3 Months | Current |
| Minal Ketan Parekh Also directs: KP Lifestyle Private Limited, Apavarg Properties Private Limited | Director | 14 Jul 2022 | 4 Years 3 Months | Current |
Peer comparison
Palash Finvest Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Solitaire Investments Co Ltd | ₹14.63 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| G P Exports Private Limited | ₹14.62 Lakh (FY 2025) | 191.0% | Mumbai, Maharashtra, India | |||
| Gondwana Leasing and Finance Private Limited | ₹14.62 Lakh (FY 2024) | 153.0% | Nagpur, Maharashtra, India | |||
| Matrix Dealers Pvt Ltd | ₹14.61 Lakh (FY 2024) | 6.0% | Kolkata, West Bengal, India | |||
| Jalgaon Investments Pvt Ltd | ₹14.61 Lakh (FY 2025) | 26.0% | Jalgaon, Maharashtra, India | |||
| Palash Finvest Private Limitedthis company | ₹14.61 Lakh (FY 2024) | -₹1.99 Lakh | -13.6% | -95.0% | Mumbai, Maharashtra, India | |
| Everonn Power Limited | ₹14.61 Lakh (FY 2025) | -12.0% | Mumbai, Maharashtra, India | |||
| Superior Commodities Private Limited | ₹14.57 Lakh (FY 2025) | -13.0% | Howrah, West Bengal, India | |||
| Brijdham Construction Private Limited | ₹14.57 Lakh (FY 2025) | 10.0% | Kolkata, West Bengal, India | |||
| Modakpriya Realtors Private Limited | ₹14.54 Lakh (FY 2018) | 22.0% | Kolkata, West Bengal, India | |||
| Vishwamata Agents Private Limited. | ₹14.52 Lakh (FY 2024) | -15.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Palash Finvest Private Limited, buy the company report.
Auditor
Palash Finvest Private Limited is audited by S I G M A C & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S I G M A C & CO | FY 2020 | 116351W |
Shareholding
The shareholding of Palash Finvest Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Palash Finvest Private Limited, buy the company report.
Legal cases
Palash Finvest Private Limited has 1 court case on record: 1 filed by Palash Finvest. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Commercial suit | Filed by the company against Pro. O.L. of Piramal Financialservices Ltd. and 1 other | Disposed |
To see the full case history of Palash Finvest 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 Palash Finvest Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Palash Finvest has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCP1071F1ZQ | Maharashtra | Active | 14 Oct 2021 |
To see the full GST registrations and return filing status of Palash Finvest Private Limited, buy the company report.
Recent activity
Palash Finvest Private Limited has 6 board changes on record since 2022: 2 appointments and 4 cessations. The latest: Ketan Prafulchandra Parekh ceased to be Additional Director on 16 Aug 2022.
Frequently asked questions
Palash Finvest is an active private limited company based in Mumbai, Maharashtra, India. The company works in site preparation, within the construction industry. It was incorporated on 26 July 1996 (30+ years old) and is registered under CIN U45100MH1996PTC101436.
Palash Finvest has 2 current directors:
- Ketan Prafulchandra Parekh - Director
- Minal Ketan Parekh - Director
The latest financial statements of Palash Finvest on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Palash Finvest is 27AACCP1071F1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Palash Finvest is U45100MH1996PTC101436. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palash Finvest has 1 court case on record: 1 filed by the company.
Palash Finvest was incorporated on 26 July 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Palash Finvest by revenue are Solitaire Investments Co Ltd, G P Exports Private Limited, Gondwana Leasing and Finance Private Limited, Matrix Dealers Pvt Ltd, Jalgaon Investments Pvt Ltd and 5 more, all in the BFSI industry (Other Financial Services).
Ketan Prafulchandra Parekh ceased to be Additional Director on 16 Aug 2022. Minal Ketan Parekh ceased to be Additional Director on 16 Aug 2022. Bhavesh Shantilal Sheth ceased to be Director on 15 Jul 2022. Palash Finvest has 6 board changes on record in total.
The registered office of Palash Finvest is at Flat No 7 1st Floor Vraj Appartment Navroji Lane Ghatkopar West, Mumbai, Maharashtra, India – 400086.
Palash Finvest operates in the construction industry, in the site preparation segment.
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