Palm Heights Private Limited
About Palm Heights Private Limited
Data last updated:
Palm Heights Private Limited is a private limited company based in Mohali, Punjab, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 10 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U45209PB2013PTC037025. Its GSTIN is 03AAGCP9758H1Z2 (Punjab).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.58 Cr. It is led by directors Sarjan Singh Rangi and Arshdeep Singh Rangi.
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 Haibatpur Road Opp. Hansa Tubes Teh. Dera Bassi, Mohali, Punjab, India – 140507.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.69 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹46.53 Lakh (net margin -12.6%) and EBITDA of -₹43.13 Lakh (EBITDA margin -11.7%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹6.75 Lakh and satisfied charges of ₹15 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Palm Heights Private Limited's registered office is in Mohali, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHaibatpur Road Opp. Hansa Tubes Teh. Dera Bassi, Mohali, Punjab, India – 140507
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Palm Heights 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
Business activity
The main business activity of Palm Heights is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Palm Heights Private Limited, buy the company report.
Financials of Palm Heights Private Limited
FY 2025 filings availablePalm Heights Private Limited reported revenue of ₹3.69 Cr (up 436% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 436% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA fell 705% 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 | -₹43.13 Lakh | ||||
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| Net Profit (PAT) | -₹46.53 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -11.7% | ||||
| Net Profit Margin | -12.6% | ||||
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To see the full financial statements and ratios of Palm Heights Private Limited, buy the company report.
Board of directors of Palm Heights Private Limited
Palm Heights has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarjan Singh Rangi | Director | 04 Jul 2015 | 11 Years 3 Months | Current |
| Arshdeep Singh Rangi Also directs: Ubber Buildtech Private Limited, Aarland Developments Private Limited, Aarland Realty Private Limited and 1 more | Director | 04 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
Palm Heights Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Palm Heights Private Limitedthis company | ₹3.69 Cr (FY 2024) | -₹46.53 Lakh | -12.6% | 436.0% | Mohali, Punjab, India | |
| Manosh Elias Constructions Private Limited | ₹3.69 Cr (FY 2024) | -61.0% | Kochi, Kerala, India | |||
| Sharma Sarkar Construction Private Limited | ₹3.69 Cr (FY 2025) | 32.0% | Naihati, West Bengal, India | |||
| Akshaya Foundations Private Limited | ₹3.69 Cr (FY 2024) | 87.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Palm Heights Private Limited, buy the company report.
Auditor
Palm Heights Private Limited is audited by Ashwani K Gupta and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ashwani K Gupta and Associates | FY 2023 | 003803N |
Shareholding
The shareholding of Palm Heights Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Palm Heights Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Apr 2014 | 10497057 | Corporation Bank | ₹6.75 Lakh | Open | |
| 31 Mar 2014 | 10497011 | Corporation Bank | ₹15 Cr | Satisfied |
To see the full charge records of Palm Heights Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Palm Heights Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SAS Nagar, Punjab | Arbitration matter | Filed against the company by an individual | Pending |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by an individual | Pending |
| District court, Jaipur Metro II, Rajasthan | Court case (Complaint) | Filed against the company by an individual | Disposed |
To see the full case history of Palm Heights Private Limited, 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.
Credit ratings & regulatory alerts
Palm Heights Private Limited was last rated by Care on 15 Oct 2025.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 15 Oct 2025 |
To see the full credit ratings and regulatory alerts of Palm Heights Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Palm Heights Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Palm Heights has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAGCP9758H1Z2 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Palm Heights Private Limited, buy the company report.
Recent activity
Palm Heights Private Limited has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Arshdeep Singh Rangi was appointed as Director on 04 Mar 2021.
Frequently asked questions
Palm Heights is an active private limited company based in Mohali, Punjab, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 10 January 2013 (13+ years old) and is registered under CIN U45209PB2013PTC037025.
Palm Heights has 2 current directors:
- Sarjan Singh Rangi - Director
- Arshdeep Singh Rangi - Director
The latest financial statements of Palm Heights 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 Heights is 03AAGCP9758H1Z2, registered in Punjab.
The CIN (Corporate Identification Number) of Palm Heights is U45209PB2013PTC037025. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palm Heights has 3 court cases on record: 3 filed against it. 2 are pending.
Palm Heights was incorporated on 10 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Palm Heights by revenue are Manosh Elias Constructions Private Limited, Sharma Sarkar Construction Private Limited, Akshaya Foundations Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Arshdeep Singh Rangi was appointed as Director on 04 Mar 2021. Harjinder Singh ceased to be Director on 04 Mar 2021. Ankit Sidana ceased to be Director on 15 Jul 2016. Palm Heights has 5 board changes on record in total.
The registered office of Palm Heights is at Haibatpur Road Opp. Hansa Tubes Teh. Dera Bassi, Mohali, Punjab, India – 140507.
Palm Heights operates in the real estate and construction industry, in the real estate builders and developers segment.