About Pallasite Works Private Limited
Data last updated:
Pallasite Works Private Limited was a private limited company based in Coimbatore, Tamil Nadu, 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 IT consulting and support services segment of the technology and IT services sector. It was incorporated on 16 March 2017.
The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U72900TZ2017PTC028632. Its GSTIN is 33AAJCP0596J1Z5 (Tamil Nadu).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Gopalakrishnan Ramachandran (Managing Director) and Gopal Krishnaveni.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at No:12 Avaram Palayam Road Ganapathy, Coimbatore, Tamil Nadu, India – 641006.
As per the financials filed for FY 2020, the company reported a revenue of ₹32.07 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹54,271 (net margin -1.7%) and EBITDA of ₹75,582 (EBITDA margin 2.4%).
The company was associated with 1 brand: Pallasite Works.
The last known website on record is pallasiteworks.com.
Company details
Contact details
Pallasite Works Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is pallasiteworks.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo:12 Avaram Palayam Road Ganapathy, Coimbatore, Tamil Nadu, India – 641006
- IndustryInformation Technology, IT Consulting & Support Services, Software Development & Support Services
To see the full contact details of Pallasite Works Private Limited, buy the company report.
- 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
Brands
Pallasite Works operates one associated brand: Pallasite Works. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers digital marketing and web hosting solutions. | pallasiteworks.com |
Financials of Pallasite Works Private Limited
FY 2024 filings availablePallasite Works Private Limited reported revenue of ₹32.07 Lakh (up 345% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 345% in the latest year. EBITDA fell 71% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹32.07 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹75,582 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹54,271 | |||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.4% | |||
| Net Profit Margin | -1.7% | |||
| 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 Pallasite Works Private Limited, buy the company report.
Board of directors of Pallasite Works Private Limited
Pallasite Works has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopal Krishnaveni Also directs: Goldsun Auto Private Limited | Director | 16 Mar 2017 | 9 Years 7 Months | As last reported |
| Gopalakrishnan Ramachandran Also directs: Goldsun Auto Private Limited | Managing Director | 16 Mar 2017 | 9 Years 7 Months | As last reported |
Auditor
Pallasite Works Private Limited is audited by G A S P & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G A S P & ASSOCIATES | FY 2018 | 012341S |
Shareholding
The shareholding of Pallasite Works Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Pallasite Works Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Pallasite Works Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pallasite Works Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pallasite Works has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCP0596J1Z5 | Tamil Nadu | Active | 19 Apr 2018 |
To see the full GST registrations and return filing status of Pallasite Works Private Limited, buy the company report.
Recent activity
Pallasite Works Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Gopal Krishnaveni was appointed as Director on 16 Mar 2017.
Frequently asked questions
Pallasite Works 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.
Pallasite Works was a private limited company based in Coimbatore, Tamil Nadu, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 16 March 2017 and is registered under CIN U72900TZ2017PTC028632. The company has been struck off by the Registrar of Companies and is no longer operational.
Pallasite Works had 2 directors:
- Gopalakrishnan Ramachandran - Managing Director
- Gopal Krishnaveni - Director
The CIN (Corporate Identification Number) of Pallasite Works is U72900TZ2017PTC028632. 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 Pallasite Works is at No:12 Avaram Palayam Road Ganapathy, Coimbatore, Tamil Nadu, India – 641006.
Pallasite Works was incorporated on 16 March 2017. It is registered with the Registrar of Companies, Coimbatore.
Pallasite Works can be reached through the website pallasiteworks.com. Its registered office is in Coimbatore, Tamil Nadu, India.
The latest financial statements of Pallasite Works on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Pallasite Works is 33AAJCP0596J1Z5, registered in Tamil Nadu.
Pallasite Works operated in the information technology industry, in the IT consulting and support services segment. It worked in this industry before it was struck off.
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