Palmetto Hospitality Limited - Company Profile

It is a travel and hospitality public limited company based in Mumbai, Maharashtra, India, established in 2009.
2009 Mumbai, Maharashtra, India Active
Last Updated:
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About Palmetto Hospitality Limited

Palmetto Hospitality Limited, a active public limited company, was established on 15 June 2009 in Mumbai, Maharashtra, India. Engaging in hotel & accommodation services within the accommodation and food service sector, it holds CIN: U55101MH2009PLC193298. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.00 M and a paid-up capital of ₹1.01 M.

It upholds a compliant status. Its leadership includes Simran Kaur (Director), Harsimhar Deep Singh (Director), Manvindar Singh (Director). Past directors included Simran Kaur, Harsimhar Deep Singh, Shamsher Singh Hura. Its latest AGM occurred on 30 November 2021, with the balance sheet filed on 31 March 2021. It is based at Hincon House, 11Th Floor, 247Park, Lal Bahadur Shastri Marg, Vikhroli (West, ),, Mumbai, Maharashtra, 400083.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U55101MH2009PLC193298

  • Registration Number

    193298

  • Incorporation Date

    15 June 2009

  • Authorized Capital

    ₹2.00 M

  • Paid-Up Capital

    ₹1.01 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.01 M
  • Company Age 16 Year, 8 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth **** %
  • Profit Growth **** -8.28%
  • Ebitda **** -8.28%
  • Net Worth -0.15%
  • Total Assets -0.07%
Company report

Palmetto Hospitality Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Palmetto Hospitality 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 Palmetto Hospitality Limited?
Current Directors
Name Designation Appointment Date Status
Simran Kaur Director 10 Oct 2021 Current
Harsimhar Deep Singh Director 25 May 2019 Current
Manvindar Singh Director 23 Sep 2020 Current
Montek Singh Hura Director 10 Oct 2021 Current
Avnit Kaur Director 25 May 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Nov 2021 Past
Pramod Abcsdd Additional Director 30 Sep 2019 Past
Pramod Abcsdd Additional Director 30 Jun 2019 Past
Pramod Abcsdd Additional Director 30 Nov 2021 Past
Pramod Abcsdd Director 07 Nov 2016 Past
Pramod Abcsdd Additional Director 30 Sep 2019 Past

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Financial Performance of Palmetto Hospitality.

Palmetto Hospitality Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a slight decrease in profitability, with a 8.28% decrease in profit. The company's net worth dipped by a decrease of 0.15%.

Palmetto Hospitality revenue growth over time
Palmetto Hospitality profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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*******
*******
*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 -0.07%
*******
*******
*******
*******
Profit or Loss
*******
 -8.28%
*******
*******
*******
*******
Net Worth
*******
 -0.15%
*******
*******
*******
*******
EBITDA
*******
 -8.28%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Palmetto Hospitality?

In 2021, Palmetto Hospitality had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Palmetto Hospitality?

Unlock and access historical data on people associated with Palmetto Hospitality, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palmetto Hospitality, 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 Palmetto Hospitality's trajectory.

Rating
Graph displaying rating trends over time

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.

Alerts
Alert Indicator

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.

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Latest Updates, News, and FAQs on Palmetto Hospitality
Recent Activity within the Organization
  • Annual General Meeting

    Palmetto Hospitality Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Progress on Simran Kaur was appointed as a Director was appointed as a Director on 10 Oct 2021 & has been associated with this company since 4 years 4 months . was documented.

  • Director Appointment

    The activity Montek Singh Hura was appointed as a Director was appointed as a Director on 10 Oct 2021 & has been associated with this company since 4 years 4 months . was completed.

  • Balance Sheet

    Progress on Palmetto Hospitality Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai. was documented.

  • Director Appointment

    Manvindar Singh was appointed as a Director was appointed as a Director on 23 Sep 2020 & has been associated with this company since 5 years 5 months . was recorded as a recent event.

  • Director Appointment

    Progress on Harsimhar Deep Singh was appointed as a Director was appointed as a Director on 25 May 2019 & has been associated with this company since 6 years 9 months . was documented.

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Frequently Asked Questions
What is the CIN of Palmetto Hospitality Limited?

The CIN of Palmetto Hospitality Limited is U55101MH2009PLC193298.

Where is Palmetto Hospitality Limited headquartered?

Palmetto Hospitality Limited is headquartered at Hincon House, 11Th Floor, 247Park, Lal Bahadur Shastri Marg, Vikhroli (West, ),, Mumbai, Maharashtra, 400083.

When was Palmetto Hospitality Limited incorporated?

Palmetto Hospitality Limited was incorporated on 15 June 2009.

Who are the current directors of Palmetto Hospitality Limited?

The current directors of Palmetto Hospitality Limited are

What is the primary industry of Palmetto Hospitality Limited?

The primary industry of Palmetto Hospitality Limited is Accommodation And Food Service.

Is Palmetto Hospitality Limited a listed company?

Palmetto Hospitality Limited is unlisted.

What is the capital structure of Palmetto Hospitality Limited?

The authorized capital of Palmetto Hospitality Limited is ₹2.00 M, and the paid-up capital is ₹1.01 M.

What is the compliance status of Palmetto Hospitality Limited?

The compliance status of Palmetto Hospitality Limited is Compliant.

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