About Palm Developers Private Limited
Data last updated:
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.
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- Website
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- Registered AddressPlot No. 1 Ground Floor Kilkori Maharani Bagh Delhi, Delhi, India – 110065
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Palm Developers
Palm Developers operates one associated brand: SAHA Groupe. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate development services are provided in Noida, India. | sahadevelopers.com |
Competitors & Alternatives of Palm Developers
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 | Residential and commercial properties are developed by Godrej Properties. | Mumbai, India, India | 1990 |
 Vingroup | Real estate development and management services are offered by Vingroup. | Hanoi, Vietnam, Vietnam | 1993 |
 DLF India | Provider of property and real estate development services | Gurugram, India, India | 1947 |
 Lendlease | Sustainable project development and maintenance services are provided worldwide. | Melbourne, Australia, Australia | 1958 |
 Frasers Property | Residential and commercial properties are developed and managed across regions. | Singapore, Singapore, Singapore | 1924 |
 Sunac | Residential and commercial real estate development is conducted by Sunac. | Shanghai, China, China | 2003 |
 Lodha Group | Developer of residential and commercial real estate properties | Mumbai, India, India | 1980 |
 Vanke | Real estate properties are developed in over 50 cities. | Shenzhen, China, China | 1984 |
 Eiffage | Eiffage is engaged in construction, energy, and infrastructure concessions. | Paris, France, France | 1920 |
 City Developments | Real estate development and management services are provided globally. | Singapore, Singapore, Singapore | 1963 |
Business Activity of Palm Developers
The main business activity of Palm Developers is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details for Palm Developers Private Limited
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Palm Developers
Palm Developers Private Limited is audited by P C BINDAL & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P C BINDAL & CO | Locked | Locked | Locked |
Complete auditor history for Palm Developers Private Limited
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Palm Developers Private Limited
Palm Developers has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neeta Saha Also directs: Saha Construction and Maintenance LLP, Greenspace Agro-Ventures Private Limited, TGB Infra Developers Private Limited and 2 more | Director | 12 Sep 2015 | 11 Years 0 Months | As last reported |
| Sachin Kaushik | Additional Director | 20 Aug 2019 | 7 Years 1 Months | As last reported |
| Atul Saha Also directs: Greenspace Agro-Ventures Private Limited | Director | 10 May 2016 | 10 Years 4 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.
Ten-year financial statements for Palm Developers Private Limited
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Palm Developers
Shareholding and ownership data for Palm Developers Private Limited
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Palm Developers
| Date | Lender | Amount | Status |
|---|---|---|---|
| 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
Palm Developers Private Limited has a workforce of 17 employees as of Apr 09, 2024.
Employee and EPFO history for Palm Developers Private Limited
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Palm Developers
GST registrations and filing compliance for Palm Developers Private Limited
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Palm Developers
Credit ratings, litigation, and regulatory alerts for Palm Developers Private Limited
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Palm Developers
MSME payment history for Palm Developers Private Limited
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Palm Developers
Corporate group structure for Palm Developers Private Limited
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Palm Developers
MCA filings and documents for Palm Developers Private Limited
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Palm Developers
Recent News on Palm Developers
Frequently Asked Questions about Palm Developers Private Limited
Palm Developers 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 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 reported revenue of ₹3.77 Lakh for FY 2018 (down 16.00% YoY).
The current directors of Palm Developers are:
- Neeta Saha - Director
- Sachin Kaushik - Additional Director
- Atul Saha - Director
The CIN (Corporate Identification Number) of Palm Developers 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 has open charges of ₹252.32 Cr and no satisfied charges on record as per latest MCA filings.