Paliwal Overseas Private Limited logo

Paliwal Overseas Private Limited

Real estate company leasing commercial building in Bengaluru with 100% occupancy and multiple tenants.

1985 South Delhi, Delhi (India) Active

About

Basic Data Updated:

16 days ago

The commercial building, RMZ Titanium, located in the bustling city of Bengaluru, was purchased by Paliwal Overseas Private Limited in 2004 from RMZ Corp. At that time, the company was primarily involved in the textile business. However, as time passed, the textile business was discontinued and POPL shifted its focus to leasing out the property. This decision was made in order to utilize the surplus funds in other real estate investments of the Avinash Paliwal Group. RMZ Titanium, a six-storey tower, is situated in the Kodihalli locality in the eastern part of Bengaluru, on Old Airport Road. This prime location is just 6KM away from the central business district of Bangalore, making it a highly sought-after property. The building, spread across 2.18 acres, boasts of a leasable area of 0.22 million square feet. Currently, RMZ Titanium is fully occupied, with seven reputed tenants leasing out the space. This has made it a profitable investment for POPL, generating a steady stream of income. The Avinash Paliwal Group continues to make strategic real estate investments, with RMZ Titanium being one of its most successful ventures.

Industry

Company Details

  • Location

    South Delhi, Delhi, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU74899DL1985PTC020546
Company No.020546
Company ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date26 Mar 1985
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Delhi

Products or Services related to Paliwal Overseas Private Limited

Cotton Blankets

Blankets

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Paliwal Overseas Private Limited offers a wide range of products and services, including: Blankets & Quilts, Blankets.

Financials of Paliwal Overseas Private Limited

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Paliwal Overseas Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 3.2% increase. The company also saw a substantial fall in profitability, with a 13.81% decrease in profit. The company's net worth moved up by a moderate rise of 7.34%.

Corporate Structure

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Unlock access to Paliwal Overseas's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Paliwal Overseas Private Limited

Executive Team (1)

  • AS

    Avinash Sharma In Managing Director

    Appointment Date: 11-Nov-1989

    Status: Current

Board Members(4)

Charges (Loans)

Open Charges Satisfied Charges

₹158.90 cr

₹480.11 cr

LenderAmountStatus

Others

Creation Date: 24 Aug 2021
₹7.26 CrOpen

Others

Creation Date: 20 May 2019
₹2.68 CrOpen

State Bank Of India

Creation Date: 11 Apr 2015
₹119.15 CrOpen

Deals i

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Rating

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Alert

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Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Annual General Meeting

    Paliwal Overseas Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023
  • Activity

    Balance Sheet

    Paliwal Overseas Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023
  • Activity

    Charges

    A charge with Others of Rs. 29.81 cr registered on 17 Nov 1992 with Charge ID 90032930 was modified on 03 Jun 2022.

    03 Jun 2022
  • Activity

    Charges

    A charge with Others amounted to Rs. 7.26 cr with Charge ID 100479951 was registered on 24 Aug 2021.

    24 Aug 2021
  • Activity

    Charges

    A charge registered on 30 Jan 2018 via Charge ID 100152541 with Others was fully satisfied on 22 Jan 2021.

    22 Jan 2021

Frequently asked questions

What is the Incorporation or founding date of Paliwal Overseas Private Limited?

Paliwal Overseas Private Limited was incorporated 39 years 1 month ago on 26 Mar 1985 with Registrar of Companies Roc Delhi.

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