Palin Chemicals Private Limited
About Palin Chemicals Private Limited
Data last updated:
Palin Chemicals Private Limited was a private limited company based in Kolur, Karnataka, 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 industrial chemicals segment of the chemicals sector. It was incorporated on 25 June 2015.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U24100KA2015PTC081156. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Vishwanath Patil (Managing Director) and Vrushabendragowda Subhasha Gowda Patil.
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 No 116 Kolur, Karnataka, India – 581112.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.97 Lakh. For the same year it recorded a net loss of ₹35,188 (net margin -17.8%) and EBITDA of -₹35,188 (EBITDA margin -17.8%).
Court records list 2 cases involving the company, including 2 filed against it.
Company details
Contact details
Palin Chemicals Private Limited's registered office is in Kolur, Karnataka.
- Registered AddressNo 116 Kolur, Karnataka, India – 581112
- IndustryChemicals, Industrial Chemicals
- 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 Palin Chemicals 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 Palin Chemicals Private Limited, buy the company report.
Financials of Palin Chemicals Private Limited
FY 2016 filings availablePalin Chemicals Private Limited reported revenue of ₹1.97 Lakh for FY 2016.
Financial Statement Summary
| Metrics | FY 2015-16 |
|---|---|
| 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 | -₹35,188 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹35,188 |
| 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 |
|---|---|
| Profitability | |
| EBITDA Margin | -17.8% |
| Net Profit Margin | -17.8% |
| 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 Palin Chemicals Private Limited, buy the company report.
Board of directors of Palin Chemicals Private Limited
Palin Chemicals has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vrushabendragowda Subhasha Gowda Patil | Director | 25 Jun 2015 | 11 Years 4 Months | As last reported |
| Vishwanath Patil | Managing Director | 25 Jun 2015 | 11 Years 4 Months | As last reported |
Peer comparison
Palin Chemicals Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Piara Dham Properties Private Limited | ₹1.98 Lakh (FY 2023) | 31.0% | Kolkata, West Bengal, India | |||
| Jorass Metalics Private Limited | ₹1.98 Lakh (FY 2025) | -49.0% | Sandila, Uttar Pradesh, India | |||
| Geco Engineering Works Limited | ₹1.98 Lakh (FY 2025) | -70.0% | Delhi, India | |||
| Vornehm Accessories Private Limited | ₹1.98 Lakh (FY 2023) | Delhi, India | ||||
| Shahpex Private Limited | ₹1.98 Lakh (FY 2022) | Hyderabad, Telangana, India | ||||
| Palin Chemicals Private Limitedthis company | ₹1.97 Lakh (FY 2016) | -₹35,188 | -17.8% | Kolur, Karnataka, India | ||
| Carpedia Brothers Private Limited | ₹1.97 Lakh (FY 2020) | -2.0% | Pune, Maharashtra, India | |||
| Raun Harman Exports Private Limited | ₹1.97 Lakh (FY 2024) | -82.0% | Delhi, India | |||
| Alwahhab Farmer Producer Company Limited | ₹1.97 Lakh (FY 2024) | Moradabad, Uttar Pradesh, India | ||||
| Biswant Industrial Trade Private Limited | ₹1.97 Lakh (FY 2025) | 3092.0% | Basti, Uttar Pradesh, India | |||
| Chandipati Merchants Private Limited | ₹1.97 Lakh (FY 2023) | 28.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Palin Chemicals Private Limited, buy the company report.
Legal cases
Palin Chemicals Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Palin Chemicals 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 Palin Chemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Palin Chemicals has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Palin Chemicals Private Limited, buy the company report.
Recent activity
Palin Chemicals Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Vishwanath Patil was appointed as Managing Director on 25 Jun 2015.
Frequently asked questions
Palin Chemicals 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.
Palin Chemicals was a private limited company based in Kolur, Karnataka, India. The company worked in industrial chemicals, within the chemicals industry. It was incorporated on 25 June 2015 and is registered under CIN U24100KA2015PTC081156. The company has been struck off by the Registrar of Companies and is no longer operational.
Palin Chemicals had 2 directors:
- Vishwanath Patil - Managing Director
- Vrushabendragowda Subhasha Gowda Patil - Director
The CIN (Corporate Identification Number) of Palin Chemicals is U24100KA2015PTC081156. 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 Palin Chemicals is at No 116 Kolur, Karnataka, India – 581112.
Palin Chemicals was incorporated on 25 June 2015. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Palin Chemicals 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 FY 2016 are in the company report.
No. Palin Chemicals has 1 GST registration on record and it is cancelled or inactive.
Palin Chemicals operated in the chemicals industry, in the industrial chemicals segment. It worked in this industry before it was struck off.
The peers of Palin Chemicals by revenue are Piara Dham Properties Private Limited, Jorass Metalics Private Limited, Geco Engineering Works Limited, Vornehm Accessories Private Limited, Shahpex Private Limited and 5 more, all in the same principal business activity (retail trading).
Palin Chemicals has 2 court cases on record: 2 filed against it.
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