Palm Developers Private Limited

Palm Developers Private Limited - real estate and construction in Delhi, Delhi, India. FY 2026 financials and compliance.
CIN U45300DL2013PTC256843 Incorporated 23 August 2013 ROC Delhi HQ Delhi, Delhi, India
Under Insolvency Private Limited Company real estate and construction
Data last updated
Revenue · FY 2018
₹3.77 Lakh
▼ 16.00% YoY
EBITDA · FY 2018
Locked
In full report
Net profit · FY 2018
Locked
In full report
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹252.32 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Employees · EPFO
17
Latest available

About Palm Developers Private Limited

Data last updated: 25 July 2025

Palm Developers Private Limited is a private limited company based in Delhi, Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in real estate development and construction, a part of the broader real estate and construction sector. Incorporated on 23 August 2013, the company has been in operation for over 13 years.

Registered with ROC Delhi under CIN U45300DL2013PTC256843.

Capital: an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Neeta Saha and Sachin Kaushik.

Last AGM: 29 September 2018. Financial statements filed for year ended 31 March 2018. Office: Plot No. 1 Ground Floor Kilkori Maharani Bagh Delhi, Delhi, India – 110065.

As per the financials filed for FY 2018, the company reported a revenue of ₹3.77 Lakh, a decline of 16% compared to the previous year.

The company has a workforce of approximately 17 employees as per the latest available data.

The company is associated with 1 brand - Saha Groupe. As per MCA filings, the company has open charges of ₹252.32 Cr on record.

The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is sahadevelopers.com.

Company Details of Palm Developers Private Limited
CIN U45300DL2013PTC256843
Registration Number 256843
Incorporation Date 23 August 2013
ROC Delhi
Listing Status Unlisted
Company Status Under CIRP
Date of Last AGM 29 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    Plot No. 1 Ground Floor Kilkori Maharani Bagh Delhi, Delhi, India – 110065
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers
Company report
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Financials, compliance, directors, charges, ownership and filings for Palm Developers Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Palm Developers Private Limited

Palm Developers Private Limited operates one associated brand: SAHA Groupe. These brands represent Palm Developers Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Real estate development services are provided in Noida, India. sahadevelopers.com

Competitors & Alternatives of Palm Developers Private Limited

Brands and companies operating in the same space as Palm Developers Private Limited include Godrej Properties, Vingroup, DLF India and 7 more.

Competitor Description Location Founded
Godrej Properties Godrej Properties Residential and commercial properties are developed by Godrej Properties. Mumbai, India, India 1990
Vingroup Vingroup Real estate development and management services are offered by Vingroup. Hanoi, Vietnam, Vietnam 1993
DLF India DLF India Provider of property and real estate development services Gurugram, India, India 1947
Lendlease Lendlease Sustainable project development and maintenance services are provided worldwide. Melbourne, Australia, Australia 1958
Frasers Property Frasers Property Residential and commercial properties are developed and managed across regions. Singapore, Singapore, Singapore 1924
Sunac Sunac Residential and commercial real estate development is conducted by Sunac. Shanghai, China, China 2003
Lodha Group Lodha Group Developer of residential and commercial real estate properties Mumbai, India, India 1980
Vanke Vanke Real estate properties are developed in over 50 cities. Shenzhen, China, China 1984
Eiffage Eiffage Eiffage is engaged in construction, energy, and infrastructure concessions. Paris, France, France 1920
City Developments City Developments Real estate development and management services are provided globally. Singapore, Singapore, Singapore 1963

Business Activity of Palm Developers Private Limited

Palm Developers Private Limited is engaged in the principal business activity of construction, with detailed activities including buildings.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
F Construction F1 Buildings Locked
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Business activity turnover details for Palm Developers Private Limited

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Auditor Details of Palm Developers Private Limited

Palm Developers Private Limited is audited by P C BINDAL & CO for the financial year 2018. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
P C BINDAL & CO Locked Locked Locked
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Complete auditor history for Palm Developers Private Limited

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Board of Directors of Palm Developers Private Limited

Palm Developers Private Limited is currently managed by 3 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Neeta Saha Director 12 Sep 2015 10 Years 11 Months As last reported
Sachin Kaushik Additional Director 20 Aug 2019 6 Years 11 Months As last reported
Atul Saha Director 10 May 2016 10 Years 3 Months As last reported

Financials of Palm Developers Private Limited FY 2018 filings available

Palm Developers Private Limited reported revenue of ₹3.77 Lakh (down 16.00% YoY) for FY 2018.

Revenue · FY 2018
₹3.77 Lakh ▼ 16.00%
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Ten-year financial statements for Palm Developers Private Limited

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Ownership and Shareholding of Palm Developers Private Limited

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Shareholding and ownership data for Palm Developers Private Limited

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Charges & Borrowings of Palm Developers Private Limited

Open charges
₹252.32 Cr
Satisfied charges
₹0
Breakdown by lending institutions
Idbi Trusteeship Services Limited₹160.00 Cr
Others₹92.32 Cr
Latest charge details
DateLenderAmountStatus
16 Oct 2017 Others ₹90 Cr Open
26 Jul 2017 Others ₹24 Lakh Open
28 Feb 2017 Others ₹33.84 Lakh Open
24 Feb 2017 Others ₹14.63 Lakh Open
02 Jul 2016 Idbi Trusteeship Services Limited ₹160 Cr Open

Total charge records: 6 View all charges

Employees and EPFO Compliance at Palm Developers Private Limited

Palm Developers Private Limited has a workforce of 17 employees as of Apr 09, 2024.

Employee count
17
Active EPFO establishments
1
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Employee and EPFO history for Palm Developers Private Limited

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GST Compliance of Palm Developers Private Limited

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GST registrations and filing compliance for Palm Developers Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Palm Developers Private Limited

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Credit ratings, litigation, and regulatory alerts for Palm Developers Private Limited

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MSME Payment Delays by Palm Developers Private Limited

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MSME payment history for Palm Developers Private Limited

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Subsidiaries & Group Companies of Palm Developers Private Limited

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Corporate group structure for Palm Developers Private Limited

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MCA Filings & Documents of Palm Developers Private Limited

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MCA filings and documents for Palm Developers Private Limited

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Recent Activity on Palm Developers Private Limited

Charges
27 Mar 2020
A charge with Others of Rs. 9,000.00 Lakh registered on 16 Oct 2017 with Charge ID 100133845 was modified on 27 Mar 2020.
Directors
20 Aug 2019
Sachin Kaushik was appointed as a Additional Director on 20 Aug 2019 & has been associated with this company since 6 years 11 months.
Activity
29 Sep 2018
Palm Developers Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Activity
31 Mar 2018
Palm Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Delhi.
Charges
16 Oct 2017
A charge with Others amounted to Rs. 9,000.00 Lakh with Charge ID 100133845 was registered on 16 Oct 2017.
Charges
26 Jul 2017
A charge with Others amounted to Rs. 24.00 Lakh with Charge ID 100117837 was registered on 26 Jul 2017.

Recent News on Palm Developers Private Limited

Frequently Asked Questions about Palm Developers Private Limited

Palm Developers Private Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.

Palm Developers Private Limited is a company under insolvency, formerly operating as a private limited company in the real estate and construction sector based in Delhi, Delhi, India. It was incorporated on 23 August 2013 and is registered under CIN U45300DL2013PTC256843. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Palm Developers Private Limited reported revenue of ₹3.77 Lakh for FY 2018 (down 16.00% YoY).

The current directors of Palm Developers Private Limited are:

The CIN (Corporate Identification Number) of Palm Developers Private Limited is U45300DL2013PTC256843. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Palm Developers Private Limited has open charges of ₹252.32 Cr and no satisfied charges on record as per latest MCA filings.

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