MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0038369
Palm Alloy Steels Pvt Ltd - metals and minerals in Vasai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.92 Cr
▼ 8% YoY
Net loss · FY 2024
₹11.42 Lakh
Net margin -1.9%
EBITDA · FY 2024
₹6.67 Lakh
EBITDA margin 1.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹1.18 Cr
Satisfied ₹42.5 Lakh
Company age
45 yrs
Est. 1981
Employees · EPFO
34
Provident fund records
About Palm Alloy Steels Pvt Ltd
Data last updated:
Palm Alloy Steels Pvt Ltd is a private limited company based in Vasai, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 05 October 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27100MH1981PTC025369. Its GSTIN is 27AAACP3448C1ZP (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Amarchand Bholaram Choudhary and Ruma Rao Kinariwala.
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 Vasai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.92 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹11.42 Lakh (net margin -1.9%) and EBITDA of ₹6.67 Lakh (EBITDA margin 1.1%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 3% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.18 Cr and satisfied charges of ₹42.5 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Palm Alloy Steels Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0038369). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website palmalloysteels.com.
Company details
CIN U27100MH1981PTC025369
Registration Number 025369
Incorporation Date 05 October 1981
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0038369
Key People
Amarchand Bholaram Choudhary Director Ruma Rao Kinariwala Director Dinesh Bholaram Choudhary Director Recognitions & Rankings of Palm Alloy Steels
Contact details
Palm Alloy Steels Pvt Ltd's registered office is in Vasai, Maharashtra. Its website is palmalloysteels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNarangi Phata Chandansar Road, Virar East Palghar, Vasai, Maharashtra, India – 401303
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Palm Alloy Steels Pvt Ltd, buy the company report.
Comprehensive company report
Palm Alloy Steels Pvt Ltd - 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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Business activity
The main business activity of Palm Alloy Steels is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Palm Alloy Steels Pvt Ltd, buy the company report.
Financials of Palm Alloy Steels Pvt Ltd
FY 2025 filings availablePalm Alloy Steels Pvt Ltd reported revenue of ₹5.92 Cr (down 8% YoY) for FY 2024.
Revenue · FY 2024
₹5.92 Cr ▼ 8%
Net loss · FY 2024
₹11.42 Lakh margin -1.9%
EBITDA · FY 2024
₹6.67 Lakh margin 1.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 9%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 122%
3 years · compounded
▲ 41%
5 years · compounded
▼ 20%
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 8% fall in the latest year. EBITDA rose 122% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹6.67 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.42 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.1% | ||||
| Net Profit Margin | -1.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Palm Alloy Steels Pvt Ltd, buy the company report.
Board of directors of Palm Alloy Steels Pvt Ltd
Palm Alloy Steels has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amarchand Bholaram Choudhary | Director | 20 Feb 2023 | 3 Years 8 Months | Current |
| Ruma Rao Kinariwala | Director | 10 Dec 2012 | 13 Years 10 Months | Current |
| Dinesh Bholaram Choudhary Also directs: Palm Alloy Steels Industries Private Limited | Director | 20 Feb 2023 | 3 Years 8 Months | Current |
| Surindersingh Mohan Mangar | Director | 10 Apr 1994 | 32 Years 6 Months | Current |
| Prakash Bholaram Choudhary | Director | 20 Feb 2023 | 3 Years 8 Months | Current |
Auditor
Palm Alloy Steels Pvt Ltd is audited by S N H & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S N H & Associates | FY 2022 | 132819W |
Shareholding
The shareholding of Palm Alloy Steels Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Palm Alloy Steels Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹1.18 Cr
Satisfied charges
₹42.5 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2008 | 10120557 | Hdfc Bank Limited | ₹73.36 Lakh | Open | |
| 26 Apr 2008 | 10103789 | Hdfc Bank Limited | ₹45 Lakh | Open | |
| 31 Dec 2003 | 90164431 | Syndicate Bank | ₹3.33 Lakh | Satisfied | |
| 11 Dec 1995 | 90163270 | Syndicate Bank | ₹66,000 | Satisfied | |
| 16 Sep 1994 | 90162994 | Syndicate Bank | ₹31.71 Lakh | Satisfied |
To see the full charge records of Palm Alloy Steels Pvt Ltd, buy the company report.
Total charge records: 7 View all charges
Legal cases
Palm Alloy Steels Pvt Ltd has 1 court case on record: 1 filed by Palm Alloy Steels. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against an individual | Pending |
To see the full case history of Palm Alloy Steels Pvt Ltd, 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 Palm Alloy Steels Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Palm Alloy Steels Pvt Ltd has a workforce of 34 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
34
Active EPFO establishments
1
Employee growth
-2.86%
GST
Palm Alloy Steels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP3448C1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Palm Alloy Steels Pvt Ltd, buy the company report.
Recent activity
Palm Alloy Steels Pvt Ltd has 11 board changes on record since 1994: 5 appointments and 6 cessations. The latest: Amarchand Bholaram Choudhary ceased to be Additional Director on 29 Sep 2023.
AGM
Palm Alloy Steels Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Palm Alloy Steels Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 31 Dec 2003 via Charge ID 90164431 with Syndicate Bank was fully satisfied on 16 Apr 2024.
Charges
A charge registered on 11 Dec 1995 via Charge ID 90163270 with Syndicate Bank was fully satisfied on 16 Apr 2024.
Charges
A charge registered on 16 Sep 1994 via Charge ID 90162994 with Syndicate Bank was fully satisfied on 16 Apr 2024.
Charges
A charge registered on 06 Sep 1989 via Charge ID 90167014 with Syndicate Bank was fully satisfied on 16 Apr 2024.
Charges
A charge registered on 28 Jun 1983 via Charge ID 90161735 with Syndicate Bank was fully satisfied on 16 Apr 2024.
Ceased
Amarchand Bholaram Choudhary ceased to be Additional Director.
Ceased
Dinesh Bholaram Choudhary ceased to be Additional Director.
Ceased
Prakash Bholaram Choudhary ceased to be Additional Director.
Appointed
Amarchand Bholaram Choudhary was appointed as Director.
Appointed
Dinesh Bholaram Choudhary was appointed as Director.
18 earlier events are in the company report.
Frequently asked questions
Palm Alloy Steels is an active private limited company based in Vasai, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 05 October 1981 (45+ years old) and is registered under CIN U27100MH1981PTC025369.
Palm Alloy Steels has 5 current directors:
- Amarchand Bholaram Choudhary - Director
- Ruma Rao Kinariwala - Director
- Dinesh Bholaram Choudhary - Director
- Surindersingh Mohan Mangar - Director
- Prakash Bholaram Choudhary - Director
The latest financial statements of Palm Alloy Steels 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 GSTIN of Palm Alloy Steels is 27AAACP3448C1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Palm Alloy Steels is U27100MH1981PTC025369. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palm Alloy Steels has 1 court case on record: 1 filed by the company. 1 is pending.
Palm Alloy Steels was incorporated on 05 October 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
Amarchand Bholaram Choudhary ceased to be Additional Director on 29 Sep 2023. Dinesh Bholaram Choudhary ceased to be Additional Director on 29 Sep 2023. Prakash Bholaram Choudhary ceased to be Additional Director on 29 Sep 2023. Palm Alloy Steels has 11 board changes on record in total.
Yes, Palm Alloy Steels is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0038369).
Palm Alloy Steels can be reached through the website palmalloysteels.com. Its registered office is in Vasai, Maharashtra, India.