About
Basic Data Updated:
1 month agoIn the quaint town of Marthandam, Tamil Nadu, there was a company that had been making waves in the world of finance for over three decades. Originally known as Arihant Finance Private Limited, it had recently undergone a transformation and was now known as Palma Development Finance Private Limited. This company was involved in NBFC activities, providing financial services to individuals and businesses alike. Founded in the year 1990, Palma Development Finance Private Limited had come a long way since its humble beginnings. Its registered office, nestled in the heart of Marthandam, was a bustling hub of activity. The company had a team of dedicated professionals who worked tirelessly to provide the best financial solutions to their clients. Over the years, Palma Development Finance Private Limited had built a reputation for itself as a reliable and trustworthy financial institution. Its commitment to excellence and customer satisfaction had earned it a loyal clientele. From small business owners to aspiring entrepreneurs, everyone turned to this company for their financial needs. Despite its success, Palma Development Finance Private Limited remained true to its roots and continued to serve the community it was a part of.
Industry
Company Details
- Location
Kanyakumari, Tamil Nadu, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
CIN/LLPIN/FCRN | U65999TN1990PTC104347 |
Company No. | 104347 |
Company Classification | Private Limited Indian Non-Government Company |
Incorporation Date | 10 Sep 1990 |
Date of AGM | 30 Sep 2023 |
Date of Balance Sheet | 31 Mar 2023 |
Listing Status | Unlisted |
ROC Code | Roc Chennai |
Financials of Palma Development Finance Private Limited
Palma Development Finance Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 1.1% decrease. The company also saw a substantial fall in profitability, with a 53.76% decrease in profit. The company's net worth moved up by a moderate rise of 0.06%.
Corporate Structure
Unlock access to Palma Development Finance's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Palma Development Finance Private Limited
Unlock and access historical data on people associated with Palma Development Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (1)
AS
Anbaiyan Sankili Managing DirectorAppointment Date: 01-Mar-2014
Status: Current
Board Members(8)
Charges (Loans)
There are no open charges registered against the company as per our records.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Palma Development Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Palma Development Finance's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alert
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Related Corporates (Common Directorship)
Palma Development Nidhi Limited
Active 5 years 8 monthsAnbaiyan Sankili, Radha Jayakumari and 1 more are mutual person
Recent activity within the organization
Annual General Meeting
Palma Development Finance Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
30 Sep 2023Balance Sheet
Palma Development Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
31 Mar 2023Director Appointment
Ponnan Nadar Poulose was appointed as a Director was appointed as a Director on 19 Mar 2015 & has been associated with this company since 9 years 2 months .
19 Mar 2015Director Appointment
Anbaiyan Nadar Sankili was appointed as a Managing Director was appointed as a Managing Director on 01 Mar 2014 & has been associated with this company since 10 years 2 months .
01 Mar 2014Director Appointment
Radha Jayakumari was appointed as a Director was appointed as a Director on 01 Mar 2014 & has been associated with this company since 10 years 2 months .
01 Mar 2014
Frequently asked questions
What is the Incorporation or founding date of Palma Development Finance Private Limited?