Paletly Designs Private Limited

Paletly Designs Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U72300MH2013PTC239737 Incorporated 16 January 2013 ROC Mumbai HQ Mumbai, Maharashtra, India
Pending Strike Off Private Limited Company information technology
Data last updated
Revenue · FY 2018
₹5,410
Latest filing
Authorised capital
₹3 Lakh
Registered with MCA
Paid-up capital
₹1.97 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings
Brands
1
Associated brands
Last financials
Mar 2018
Balance sheet date
Last AGM
28 Sep 2018
Annual general meeting

About Paletly Designs Private Limited

Data last updated:

Paletly Designs Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 16 January 2013.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH2013PTC239737.

The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1.97 Lakh. It is led by directors Choubey Pravin Kumar Amarnath and Shamsher Shamsuddin Shaikh.

Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 511 Sai Chambers Next To Syndicate Bank Near Railway Station Santacruz East, Mumbai, Maharashtra, India – 400055.

The company is associated with 1 brand: Paletly. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹2.49 Cr; the latest was in October 2014.

Company details

CIN U72300MH2013PTC239737
Registration Number 239737
Incorporation Date 16 January 2013
ROC Mumbai
Listing Status Unlisted
Company Status Under Process of Striking Off
Date of Last AGM 28 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Compliant

Contact details

Paletly Designs Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    511 Sai Chambers Next To Syndicate Bank Near Railway Station Santacruz East, Mumbai, Maharashtra, India – 400055
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Paletly Designs Private Limited, buy the company report.

Comprehensive company report
Paletly Designs Private Limited - one report that includes everything
  • 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
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Brands

Paletly Designs operates one associated brand: Paletly. Each brand links to its own profile.

BrandDescriptionWebsite
Operates a visual-based platform for discovering fashion products online.paletly.com

Business activity

The main business activity of Paletly Designs is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.

Financials of Paletly Designs Private Limited

FY 2018 filings available

Paletly Designs Private Limited reported revenue of ₹5,410 for FY 2018.

Revenue · FY 2018
₹5,410

Financial Statement Summary

MetricsFY 2017-18FY 2016-17FY 2015-16FY 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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 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

To see the full financial statements and ratios of Paletly Designs Private Limited, buy the company report.

Board of directors of Paletly Designs Private Limited

Paletly Designs has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Choubey Pravin Kumar AmarnathAdditional Director16 Jun 20179 Years 4 MonthsCurrent
Shamsher Shamsuddin ShaikhAdditional Director16 Jun 20179 Years 4 MonthsCurrent

Auditor

Paletly Designs Private Limited is audited by B. Hingar & Associates for the financial year 2015.

Auditor firmFinancial yearFirm registration number
B. Hingar & AssociatesFY 2015

Shareholding

The shareholding of Paletly Designs 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 categoryFY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Paletly Designs Private Limited, buy the company report.

Deals & funding

Paletly Designs Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹2.49 Cr; the latest was in October 2014.

Total deals
2
Funding rounds
2
Disclosed funding
₹2.49 Cr

Deals on record (1 of 2)

WhenDealAmountParties
Dec 2013Funding round · Series A₹1.74 CrInvestors: Kae Capital Management, Blume Ventures, 2 individuals

To see the full deal history of Paletly Designs Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Paletly Designs 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 Paletly Designs Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Paletly Designs Private Limited has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Bhanu Mandagiri Kumari ceased to be Director on 26 Dec 2018.

Ceased
Bhanu Mandagiri Kumari ceased to be Director.
AGM
Paletly Designs Private Limited last Annual general meeting of members was held on 28 Sep 2018 as per latest MCA records.
Filing
Paletly Designs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai.
Appointed
Choubey Pravin Kumar Amarnath was appointed as Additional Director.
Appointed
Shamsher Shamsuddin Shaikh was appointed as Additional Director.
Ceased
Suma Madhavi Lakshmanna Mandagiri ceased to be Director.
Ceased
Sasha Gulu Mirchandani ceased to be Additional Director.
Incorporation
16 Jan 2013
Paletly Designs Private Limited was registered on 16 Jan 2013 with Roc Mumbai & aged 13 years 9 months as per MCA records.

Frequently asked questions

Paletly Designs is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.

Paletly Designs is a company pending strike off, currently registered as a private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 16 January 2013 and is registered under CIN U72300MH2013PTC239737. The company may be struck off soon - caution is advised.

The compliance status of Paletly Designs is compliant as of 01 September 2026.

Paletly Designs has 2 current directors:

The CIN (Corporate Identification Number) of Paletly Designs is U72300MH2013PTC239737. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Paletly Designs was incorporated on 16 January 2013. It is registered with the Registrar of Companies, Mumbai.

The registered office of Paletly Designs is at 511 Sai Chambers Next To Syndicate Bank Near Railway Station Santacruz East, Mumbai, Maharashtra, India – 400055.

The latest financial statements of Paletly Designs on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.

Paletly Designs operates in the information technology industry, in the application development and software solutions segment.

Paletly Designs has 2 deals on record (2 funding rounds), with disclosed funding of ₹2.49 Cr; the latest was in October 2014.