Palit Associates Private Limited

Palit Associates Private Limited - construction in Cuttack, Odisha, India. FY 2026 financials & compliance.
CIN U45202OR1996PTC004314 Incorporated 19 January 1996 ROC Cuttack HQ Cuttack, Odisha, India
Active Private Limited Company construction
Data last updated
Revenue · FY 2025
₹2,500
Latest filing
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹4.96 Lakh
Issued & subscribed
Open charges
₹28.5 Lakh
Secured borrowings
Company age
30 yrs
Est. 1996
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date
Last AGM
30 Sep 2025
Annual general meeting

About Palit Associates Private Limited

Data last updated:

Palit Associates Private Limited is a private limited company based in Cuttack, Odisha, India. It operates in the building construction segment of the construction sector. It was incorporated on 19 January 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U45202OR1996PTC004314.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.96 Lakh. It is led by directors Ujjal Palit (Managing Director) and Amitav Palit.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at At Biswanath Lanebalu Bazar Po Chandini Chouk, Cuttack, Odisha, India – 753002.

As per MCA filings, the company has open charges of ₹28.5 Lakh on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 4 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U45202OR1996PTC004314
Registration Number 004314
Incorporation Date 19 January 1996
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Palit Associates Private Limited's registered office is in Cuttack, Odisha. Its e-mail address is in the company report.

  • Email
  • Registered Address
    At Biswanath Lanebalu Bazar Po Chandini Chouk, Cuttack, Odisha, India – 753002
  • Industry
    Construction, Buildings

To see the full contact details of Palit Associates Private Limited, buy the company report.

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Palit Associates Private Limited - one report that includes everything
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  • Historical financials and ratios
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  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Financials of Palit Associates Private Limited

FY 2025 filings available

Palit Associates Private Limited reported revenue of ₹2,500 for FY 2025.

Revenue · FY 2025
₹2,500

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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 Palit Associates Private Limited, buy the company report.

Board of directors of Palit Associates Private Limited

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

Current Directors
NameDesignationAppointment DateTenureStatus
Amitav PalitDirector19 Jan 199630 Years 9 MonthsCurrent
Ujjal PalitManaging Director19 Jan 199630 Years 9 MonthsCurrent

Auditor

Palit Associates Private Limited is audited by ASHOK PRASAD AGARWAL & CO. for the financial year 2017.

Auditor firmFinancial yearFirm registration number
ASHOK PRASAD AGARWAL & CO.FY 2017322492E

Shareholding

The shareholding of Palit Associates Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Palit Associates Private Limited, buy the company report.

Charges & borrowings

Open charges
₹28.5 Lakh
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹0.29 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
08 Feb 199790079375State Bank of India₹28.5 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

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

Recent activity

Palit Associates Private Limited has 7 board changes on record since 1996: 4 appointments and 3 cessations. The latest: Debjani Palit ceased to be Director on 01 Jul 2024.

AGM
Palit Associates Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Palit Associates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Ceased
Debjani Palit ceased to be Director.
Ceased
Sumaya Palit ceased to be Director.
Ceased
Bani Palit ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 28.50 Lakh with Charge ID 90079375 was registered on 08 Feb 1997.
Appointed
Amitav Palit was appointed as Director.
Appointed
Debjani Palit was appointed as Director.
Appointed
Sumaya Palit was appointed as Director.
Appointed
Ujjal Palit was appointed as Managing Director.
Incorporation
19 Jan 1996
Palit Associates Private Limited was registered on 19 Jan 1996 with Roc Cuttack & aged 30 years 9 months as per MCA records.

Frequently asked questions

Palit Associates is an active private limited company based in Cuttack, Odisha, India. The company works in buildings, within the construction industry. It was incorporated on 19 January 1996 (30+ years old) and is registered under CIN U45202OR1996PTC004314.

Palit Associates has 2 current directors:

The latest financial statements of Palit Associates on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Palit Associates is U45202OR1996PTC004314. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Palit Associates has 4 court cases on record: 2 filed by the company and 2 filed against it. 4 are pending.

Palit Associates was incorporated on 19 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Cuttack.

Debjani Palit ceased to be Director on 01 Jul 2024. Sumaya Palit ceased to be Director on 01 Jul 2024. Bani Palit ceased to be Director on 18 Mar 2016. Palit Associates has 7 board changes on record in total.

The registered office of Palit Associates is at At Biswanath Lanebalu Bazar Po Chandini Chouk, Cuttack, Odisha, India – 753002.

Palit Associates operates in the construction industry, in the buildings segment.

Palit Associates has open charges of ₹28.5 Lakh and no satisfied charges on record as per latest MCA filings.