Palma Development Finance Private Limited

Palma Development Finance Private Limited

NBFC company providing financial services, incorporated in 1990, based in Marthandam, Tamil Nadu.

1990 Kanyakumari, Tamil Nadu (India) Active

About

Basic Data Updated:

1 month ago

In 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

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU65999TN1990PTC104347
Company No.104347
Company ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date10 Sep 1990
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Chennai

Financials of Palma Development Finance Private Limited

financial-graph
Content-lock

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

Shareholding-Indiacator
Content-lock

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

Executive Team (1)

  • AS

    Anbaiyan Sankili In Managing Director

    Appointment Date: 01-Mar-2014

    Status: Current

Board Members(8)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

Deals i

Valuation-Graph
Content-lock

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

Rating-Graph
Content-lock

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

Alert-Indicator
Content-lock

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)

Recent activity within the organization

  • Activity

    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 2023
  • Activity

    Balance Sheet

    Palma Development Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023
  • Activity

    Director 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 2015
  • Activity

    Director 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 2014
  • Activity

    Director 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?

Palma Development Finance Private Limited was incorporated 33 years 8 months ago on 10 Sep 1990 with Registrar of Companies Roc Chennai.

People also Viewed

Similar Companies Based on Micro Finance Institutions

  • Spandana Sphoorty Financial Limited

    K.V.Rangareddy, Telangana, India

  • Belstar Microfinance Limited

    Chennai, Tamil Nadu, India

  • Satya Microcapital Limited

    South Delhi, Delhi, India

  • Iifl Samasta Finance Limited

    Bangalore, Karnataka, India

  • Asirvad Micro Finance Limited

    Chennai, Tamil Nadu, India

  • Satin Creditcare Network Limited

    North West Delhi, Delhi, India

  • Creditaccess Grameen Limited

    Bangalore, Karnataka, India

  • Sonata Finance Private Limited

    Lucknow, Uttar Pradesh, India

  • Nabfins Limited

    Bangalore, Karnataka, India

  • Arohan Financial Services Limited

    North 24 Parganas, West Bengal, India

  • Svatantra Microfin Private Limited

    Mumbai, Maharashtra, India

  • Annapurna Finance Private Limited

    Khorda, Odisha, India