Palmet Engineering LLP - business services in Hospet, Karnataka, India. Directors, charges & compliance details.
LLPIN AAY-7447 Incorporated 25 September 2021 ROC Bangalore HQ Hospet, Karnataka, India
Active Limited Liability Partnership business services MSME · Small
Data last updated
Contribution obligation
₹1 Lakh
As per LLP agreement
Open charges
₹1.61 Cr
Secured borrowings
LLP age
5 yrs
Est. 2021
Employees · EPFO
250
Provident fund records
Designated partners
2
As per MCA filings
Active GSTINs
1
GST registered
Last financials
Mar 2025
Balance sheet date
LLP status
Active
MCA master data

About Palmet Engineering LLP

Data last updated:

Palmet Engineering LLP is a limited liability partnership (LLP) based in Hospet, Karnataka, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 25 September 2021 and has been in existence for over 5 years.

The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAY-7447. Its GSTIN is 29ABAFP9409P1ZH (Karnataka).

The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Shankrappa Mallappa Ramachandra and Bharatkumar Jain.

Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Hospet, Karnataka.

The LLP has about 250 employees on its provident fund (EPFO) records.

As per MCA filings, the LLP has open charges of ₹1.61 Cr on record.

Palmet Engineering LLP is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-31-0001438).

Company details

LLPIN AAY-7447
Incorporation Date 25 September 2021
Total Obligation of Contribution ₹1 Lakh
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-KR-31-0001438

Recognitions & Rankings of Palmet Engineering

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-31-0001438

Contact details

Palmet Engineering LLP's registered office is in Hospet, Karnataka.

  • Registered Address
    Plot No 41 Sy No 153/1 157/1 Opp Vijayshree Motors, Ballay Bypass Road Sanklapur Industrieal Area Sankalapuram, Hospet, Karnataka, India – 583201
  • Industry
    Business Services, Other Services
Comprehensive company report
Palmet Engineering LLP - one report that includes everything
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  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Financials of Palmet Engineering LLP

FY 2025 filings available

Financial Statement Summary

Statement of Account and SolvencyFY 2024-25FY 2023-24FY 2022-23FY 2021-22
Income and Expenditure
Turnover
Other Income
Total Income
Purchases and Direct Costs
Personnel Expenses
Administrative Expenses
Interest
Depreciation
Total Expenses
Profit Before Tax
Tax
Profit After Tax
Profit Transferred to Partners
Assets and Liabilities
Partners' Contribution
Reserves and Surplus
Secured Loans
Unsecured Loans
Trade Payables
Other Liabilities and Provisions
Total Liabilities
Fixed Assets
Investments
Loans and Advances
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

Statement of Account and SolvencyFY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
Net Profit Margin
Return on Partners' Funds
Return on Assets
Liquidity and Debt
Current Ratio
Debt to Partners' Funds
Interest Coverage
Efficiency and Growth
Asset Turnover
Receivable Days
Turnover Growth
Profit Growth

To see the full financial statements and ratios of Palmet Engineering LLP, buy the company report.

Designated partners of Palmet Engineering LLP

Palmet Engineering has 2 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Shankrappa Mallappa RamachandraDesignated Partner25 Sep 20215 Years 1 MonthsCurrent
Bharatkumar JainDesignated Partner25 Sep 20215 Years 1 MonthsCurrent

Charges & borrowings

Open charges
₹1.61 Cr
Satisfied charges
None
Breakdown by lending institutions
Bank of Maharashtra₹1.61 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 Sep 2023100838209Bank of Maharashtra₹1.61 CrOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Palmet Engineering LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Palmet Engineering has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29ABAFP9409P1ZHKarnatakaActive25 Oct 2021

To see the full GST registrations and return filing status of Palmet Engineering LLP, buy the company report.

Recent activity

Palmet Engineering LLP has 3 designated partner changes on record since 2021: 2 appointments and 1 cessation. The latest: Mannat Pahwa ceased to be Partner on 30 Mar 2024.

AGM
Palmet Engineering Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Palmet Engineering Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Mannat Pahwa ceased to be Partner.
Charges
A charge with Bank Of Maharashtra amounted to Rs. 161.00 Lakh with Charge ID 100838209 was registered on 04 Sep 2023.
Appointed
Bharatkumar Jain was appointed as Designated Partner.
Appointed
Shankrappa Mallappa Ramachandra was appointed as Designated Partner.
Incorporation
25 Sep 2021
Palmet Engineering Llp was registered on 25 Sep 2021 with Roc Bangalore & aged 5 years 1 month as per MCA records.

Frequently asked questions

Palmet Engineering is an active limited liability partnership based in Hospet, Karnataka, India. The LLP works in other services, within the business services industry. It was incorporated on 25 September 2021 (5+ years old) and is registered under LLPIN AAY-7447.

Palmet Engineering has 2 current designated partners:

The latest financial statements of Palmet Engineering on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2022 are in the company report.

The GSTIN of Palmet Engineering is 29ABAFP9409P1ZH, registered in Karnataka.

The LLPIN (Limited Liability Partnership Identification Number) of Palmet Engineering is AAY-7447. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Palmet Engineering was incorporated on 25 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.

Mannat Pahwa ceased to be Partner on 30 Mar 2024. Bharatkumar Jain was appointed as Designated Partner on 25 Sep 2021. Shankrappa Mallappa Ramachandra was appointed as Designated Partner on 25 Sep 2021.

Yes, Palmet Engineering is registered as a small enterprise under Udyam registration (number: UDYAM-KR-31-0001438).

The registered office of Palmet Engineering is at Plot No 41 Sy No 1531 1571 Opp Vijayshree Motors, Ballay Bypass Road Sanklapur Industrieal Area Sankalapuram, Hospet, Karnataka, India – 583201.

Palmet Engineering operates in the business services industry, in the other services segment.