Palma Development Nidhi Limited Company Logo

Palma Development Nidhi Limited - Company Profile

It is a financial services nidhi company based in Kanjiracode, Tamil Nadu, India, established in 2018.

2018 | Kanjiracode, Tamil Nadu, India | Active
Last Updated:

About Palma Development Nidhi Limited

Palma Development Nidhi Limited, a active nidhi company, was established on 20 September 2018 in Kanjiracode, Tamil Nadu, India. Engaging in other financial intermediation within the financial services sector, it holds CIN: U65929TN2018PLC124677. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹2.00 M and a paid-up capital of ₹1.05 M.

Its leadership includes Anbaiyan Nadar Sankili (Managing Director), Jacob Abraham Isaac (Director), Rajayan Jothivimalabai (Director). Past directors included Radha Jayakumari. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 14-26/1, Palmalayam, Chengai, Kanjiracode P.O. Marthandam, Kanyakumari District, Kanjiracode, Tamil Nadu, 629155.

Company Details

  • CIN/LLPIN

    U65929TN2018PLC124677

  • Registration Number

    124677

  • Incorporation Date

    20 September 2018

  • Authorized Capital

    ₹2.00 M

  • Paid-Up Capital

    ₹1.05 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.05 M
  • Company Age 7 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -32.04%
  • Profit Growth -926.13%
  • Ebitda -133.90%
  • Net Worth -4.37%
  • Total Assets -7.94%
Company report

Palma Development Nidhi Limited

Company Report FY 2025-2026

Explore comprehensive insights into Palma Development Nidhi Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Palma Development Nidhi Limited?

Current Directors

NameDesignationAppointment DateStatus
Anbaiyan Nadar SankiliManaging Director20 Sep 2018Current
Jacob Abraham IsaacDirector20 Sep 2018Current
Rajayan JothivimalabaiDirector20 Sep 2018Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector10 Sep 2024Past

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Financial Performance of Palma Development Nidhi.

Palma Development Nidhi Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 32.04% decrease. The company also saw a substantial fall in profitability, with a 926.13% decrease in profit. The company's net worth dipped by a decrease of 4.37%.

Palma Development Nidhi revenue growth over time
Palma Development Nidhi profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-32.04%
Revenue from Operations
-32.04%
Total Assets
-7.94%
Profit or Loss
-926.13%
Net Worth
-4.37%
EBITDA
-133.90%

What is the Ownership and Shareholding Structure of Palma Development Nidhi?

Unlock access to Palma Development Nidhi'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.

Shareholding Indicator graph

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Charges (Loans)

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

How Many Employees Work at Palma Development Nidhi?

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Employee growth trends for Palma Development Nidhi Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palma Development Nidhi, 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 Nidhi's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Palma Development Nidhi

Recent Activity within the Organization

  • Annual General Meeting

    Palma Development Nidhi Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Palma Development Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was documented.

  • Director Appointment

    Progress on Anbaiyan Nadar Sankili was appointed as a Managing Director was appointed as a Managing Director on 20 Sep 2018 & has been associated with this company since 7 years 2 months . was documented.

  • Director Appointment

    Progress on Jacob Abraham Isaac was appointed as a Director was appointed as a Director on 20 Sep 2018 & has been associated with this company since 7 years 2 months . was documented.

  • Director Appointment

    The activity Rajayan Jothivimalabai was appointed as a Director was appointed as a Director on 20 Sep 2018 & has been associated with this company since 7 years 2 months . was completed.

  • Company Incorporation

    The activity Palma Development Nidhi Limited was registered on 20 Sep 2018 with Roc Chennai & aged 7 years 2 months as per MCA records. was completed.

Frequently Asked Questions

  • What is the CIN of Palma Development Nidhi Limited?

    The CIN of Palma Development Nidhi Limited is U65929TN2018PLC124677.

  • Where is Palma Development Nidhi Limited headquartered?

    Palma Development Nidhi Limited is headquartered at 14-26/1, Palmalayam, Chengai, Kanjiracode P.O. Marthandam, Kanyakumari District, Kanjiracode, Tamil Nadu, 629155.

  • When was Palma Development Nidhi Limited incorporated?

    Palma Development Nidhi Limited was incorporated on 20 September 2018.

  • Who are the current directors of Palma Development Nidhi Limited?

    The current directors of Palma Development Nidhi Limited are

  • What is the primary industry of Palma Development Nidhi Limited?

    The primary industry of Palma Development Nidhi Limited is Financial Services.

  • Is Palma Development Nidhi Limited a listed company?

    Palma Development Nidhi Limited is unlisted.

  • What is the capital structure of Palma Development Nidhi Limited?

    The authorized capital of Palma Development Nidhi Limited is ₹2.00 M, and the paid-up capital is ₹1.05 M.

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