Palate Hospitality Private Limited
About Palate Hospitality Private Limited
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Palate Hospitality 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 catering and event services segment of the travel and hospitality sector. It was incorporated on 10 July 2014.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U55204MH2014PTC255988.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Abdul Khaliq Moti and Hannan Salim Moti.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at A/401 Ballerina Society 3rd Cross Lane Lokhandwala Complex Andheri (West), Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2016, the company reported a revenue of ₹94.78 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹74,300 (net margin 0.8%) and EBITDA of ₹2.59 Lakh (EBITDA margin 2.7%).
Company details
Contact details
Palate Hospitality Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA/401 Ballerina Society 3rd Cross Lane Lokhandwala Complex Andheri (West), Mumbai, Maharashtra, India – 400053
- IndustryTravel and Hospitality, Catering & Event Services
To see the full contact details of Palate Hospitality 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 Palate Hospitality is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Palate Hospitality Private Limited, buy the company report.
Financials of Palate Hospitality Private Limited
FY 2016 filings availablePalate Hospitality Private Limited reported revenue of ₹94.78 Lakh (up 216% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 216% in the latest year. EBITDA rose 150% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹94.78 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹2.59 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹74,300 | |
| 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2.7% | |
| Net Profit Margin | 0.8% | |
| 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 | ||
To see the full financial statements and ratios of Palate Hospitality Private Limited, buy the company report.
Board of directors of Palate Hospitality Private Limited
Palate Hospitality 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 |
|---|---|---|---|---|
| Abdul Khaliq Moti | Director | 10 Jul 2014 | 12 Years 4 Months | As last reported |
| Hannan Salim Moti Also directs: Cognify Learning Limited, Namus Foundation | Director | 10 Jul 2014 | 12 Years 4 Months | As last reported |
Auditor
Palate Hospitality Private Limited is audited by F A ANSARI & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| F A ANSARI & ASSOCIATES | FY 2016 | 100504W |
Shareholding
The shareholding of Palate Hospitality Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Palate Hospitality Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Palate Hospitality 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 Palate Hospitality 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 Palate Hospitality Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Palate Hospitality Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Puneet Malik ceased to be Director on 05 Jan 2015.
Frequently asked questions
Palate Hospitality 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.
Palate Hospitality was a private limited company based in Mumbai, Maharashtra, India. The company worked in catering and event services, within the travel and hospitality industry. It was incorporated on 10 July 2014 and is registered under CIN U55204MH2014PTC255988. The company has been struck off by the Registrar of Companies and is no longer operational.
Palate Hospitality had 2 directors:
- Abdul Khaliq Moti - Director
- Hannan Salim Moti - Director
The CIN (Corporate Identification Number) of Palate Hospitality is U55204MH2014PTC255988. 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 Palate Hospitality is at A401 Ballerina Society 3rd Cross Lane Lokhandwala Complex Andheri West, Mumbai, Maharashtra, India – 400053.
Palate Hospitality was incorporated on 10 July 2014. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Palate Hospitality on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
Palate Hospitality operated in the travel and hospitality industry, in the catering and event services segment. It worked in this industry before it was struck off.
Puneet Malik ceased to be Director on 05 Jan 2015. Rohit Ananthram Naik ceased to be Director on 05 Jan 2015. Abdul Khaliq Moti was appointed as Director on 10 Jul 2014. Palate Hospitality has 4 board changes on record in total.
The compliance status of Palate Hospitality is active non-compliant as of 09 July 2026.
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