About Palco Limited
Data last updated:
Palco Limited is a public limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 01 September 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN L27203TG1989PLC010409. Its GSTIN is 36AABCP8988Q2Z8 (Telangana). The company holds 4 GST registrations, of which 1 is active. It is a listed company.
The company has an authorised share capital of ₹120 Cr and a paid-up capital of ₹58.72 Cr. It is led by directors including Venkata Reddy Kovvuri (Managing Director) and Srisaitejareddy Kovvuri.
Its last annual general meeting (AGM) was held on 30 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Hyderabad, Telangana.
As per MCA filings, the company has satisfied charges of ₹161.32 Cr on record. The company has 44 deals on record (43 market trades, 1 acquisition); the latest was in March 2021.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website palcolimited.com.
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- Website
- Social MediaLocked
- Registered AddressH.No:6 – 3 – 1091/13 – 15 Flat No:101 1st Floor Amrutha Ville Apartments Raj Bhavan Road Somaj, Iguda, Hyderabad, Telangana, India – 500082
- IndustryMetals and Minerals, Metal Manufacturing & Processing
- 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 Palco Limited FY 2020 filings available
Financial Statement Summary of Palco Limited
| Metrics | FY 2018-19 | 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 | •••• | •••• | •••• | •••• | •••• |
| 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 Palco Limited
| Metrics | FY 2018-19 | FY 2017-18 | 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 Palco 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.
Auditor Details of Palco Limited
Palco Limited is audited by M N RAO & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M N RAO & ASSOCIATES | 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 Palco Limited
Palco has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srisaitejareddy Kovvuri | Director | 10 Feb 2018 | 8 Years 7 Months | Current |
| Kovvuri Bhuvaneswari Also directs: Mufithumb IT Solutions Private Limited | Director | 30 Mar 2017 | 9 Years 6 Months | Current |
| Venkata Reddy Kovvuri Also directs: Mufithumb IT Solutions Private Limited | Managing Director | 30 Mar 2017 | 9 Years 6 Months | Current |
Ownership and Shareholding of Palco 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 Palco Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jan 1997 | Indusind Bank Ltd. | ₹2.75 Cr | Satisfied |
| 19 Feb 1996 | The Industrial Finance Corp. India Ltd. | ₹3.5 Cr | Satisfied |
| 21 Dec 1995 | Indusind Bank Ltd. | ₹9 Cr | Satisfied |
| 28 Sep 1995 | I.D.B.I. Bank Ltd. | ₹8 Cr | Satisfied |
| 16 Jul 1994 | Canara Bank | ₹6.44 Cr | Satisfied |
Total charge records: 28 View all charges
Deals & Funding of Palco Limited
Palco Limited has 44 deals on record (43 market trades, 1 acquisition); the latest was in March 2021.
Deals on record (5 of 44)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2021 | Market trade | ₹8.5 Lakh | Buyer: Shivparvati Traders & Suppliers Limited , an individual Seller: Shivparvati Traders & Suppliers Limited , an individual |
| Feb 2021 | Market trade | ₹12.8 Lakh | Buyer: an individual Seller: Shiv Parvati Leasing Private Limited |
| Feb 2021 | Market trade | ₹6.5 Lakh | Buyer: Silkon Trades LLP Seller: an individual |
| Nov 2020 | Market trade | ₹6.1 Lakh | Seller: Starwings Fashion Trading Limited |
| Sep 2020 | Market trade | ₹4.7 Lakh | Buyer: Kesar Tracom India LLP Seller: an individual |
Full deal history
All 44 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Palco Limited
Employment history and EPFO contributions of people linked to Palco.
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.
CIN History of Palco Limited
Palco has one previous CIN (Corporate Identification Number): L27203AP1989PLC010409. The current CIN is L27203TG1989PLC010409, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27203TG1989PLC010409 | Current |
| L27203AP1989PLC010409 | Previous |
Recent Activity on Palco Limited
Palco Limited has 23 board changes on record since 1989: 13 appointments and 10 cessations. The latest: Priyanka Chopra ceased to be Company Secretary on 22 Apr 2020.
96 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Palco 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 Palco 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 Palco 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 Palco Limited
Palco has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCP8988Q2Z8 | Telangana | Active | 31 Jul 2019 |
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 Palco 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 Palco Limited
Palco is an active public limited company based in Hyderabad, Telangana, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 01 September 1989 (37+ years old) and is registered under CIN L27203TG1989PLC010409.
Palco has 3 current directors:
- Venkata Reddy Kovvuri - Managing Director
- Srisaitejareddy Kovvuri - Director
- Kovvuri Bhuvaneswari - Director
The GSTIN of Palco is 36AABCP8988Q2Z8, registered in Telangana. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Palco is L27203TG1989PLC010409. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Palco is a listed company.
Palco was incorporated on 01 September 1989, making it 37+ years old. It is registered with the Registrar of Companies, Hyderabad.
Palco has 44 deals on record (43 market trades, 1 acquisition); the latest was in March 2021.
Priyanka Chopra ceased to be Company Secretary on 22 Apr 2020. Priyanka Chopra was appointed as Company Secretary on 28 Jun 2019. Maddur Rajeshwar Rao ceased to be Director on 10 Feb 2018. Palco has 23 board changes on record in total.
Yes, Palco is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Palco can be reached through the website palcolimited.com. Its registered office is in Hyderabad, Telangana, India.