Palmotor Ways Private Limited
About Palmotor Ways Private Limited
Data last updated: 06 February 2026
Palmotor Ways Private Limited is a private limited company based in Bhubaneswar, Orissa, India. It specialises in automobile dealership and trading, a part of the broader automotive sector. Incorporated on 01 January 2021, the company has been in operation for over 5 years.
Registered with ROC Cuttack under CIN U50404OR2021PTC035248.
Capital: an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Harman Pal Singh and Sehej Pal Singh.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Plot No – 96 A Cuttack Road Budheswari Jharapada, Bhubaneswar, Orissa, India – 751006.
As per the financials filed for FY 2024, the company reported a revenue of ₹33.65 Cr, a growth of 41% compared to the previous year.
The company has a workforce of approximately 33 employees as per the latest available data.
As per MCA filings, the company has open charges of ₹4 Cr and satisfied charges of ₹4 Cr on record.
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Email*****@*****.com
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Telephone+91-****-******
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Website**************
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Social Media**************
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Registered AddressPlot No – 96 A Cuttack Road Budheswari Jharapada, Bhubaneswar, Orissa, India – 751006
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IndustryAutomotive, Auto Dealership & Trading
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Palmotor Ways Private Limited
Palmotor Ways Private Limited is engaged in the principal business activity of trade, with detailed activities including retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | ********* |
Auditor Details of Palmotor Ways Private Limited
Palmotor Ways Private Limited is audited by R. GOPAL & ASSOCIATES for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R. GOPAL & ASSOCIATES | blur-value | blur-value | blur-value |
Board of Directors of Palmotor Ways Private Limited
Palmotor Ways Private Limited is governed by 5 directors who oversee the company's operations and strategic decisions.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Harman Pal Singh
Also directs:
Pal Movers Private Limited, Pal Automotives Private Limited, Pal Lifeware Private Limited and 1 more
|
Director | 01 Jan 2021 | 5 Years 6 Months | Current |
| Sehej Pal Singh | Director | 02 Jan 2021 | 5 Years 6 Months | Current |
| Inderjeet Kaur | Director | 01 Jan 2021 | 5 Years 6 Months | Current |
|
Haneet Kaur
Also directs:
Pal Movers Private Limited, Pal Automotives Private Limited
|
Director | 01 Jan 2021 | 5 Years 6 Months | Current |
|
Satpal Singh
Also directs:
Pal Movers Private Limited, Pal Automotives Private Limited, Pal Lifeware Private Limited and 1 more
|
Director | 01 Jan 2021 | 5 Years 6 Months | Current |
Financials of Palmotor Ways Private Limited FY 2025 filings available
Palmotor Ways Private Limited reported revenue of ₹33.65 Cr (up 41% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Palmotor Ways Private Limited
As of FY 2023, Palmotor Ways Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings of Palmotor Ways Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Dec 2021 | Axis Bank Limited | ₹4 Cr | Open |
| 22 Mar 2021 | Hdfc Bank Limited | ₹4 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Palmotor Ways Private Limited
Palmotor Ways Private Limited has a workforce of 33 employees as of Mar 29, 2024.
Employee Count & EPFO Data of Palmotor Ways Private Limited
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GST Compliance of Palmotor Ways Private Limited
GSTIN & GST Filing Data of Palmotor Ways Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Palmotor Ways Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Palmotor Ways Private Limited
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MSME Payment Delays by Palmotor Ways Private Limited
MSME Payment Delays by Palmotor Ways Private Limited
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Subsidiaries & Group Companies of Palmotor Ways Private Limited
Subsidiaries & Group Companies of Palmotor Ways Private Limited
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MCA Filings & Documents of Palmotor Ways Private Limited
MCA Filings & Documents of Palmotor Ways Private Limited
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Recent Activity on Palmotor Ways Private Limited
Frequently Asked Questions about Palmotor Ways Private Limited
Palmotor Ways Private Limited is an active private limited company in the automotive sector based in Bhubaneswar, Orissa, India. It was incorporated on 01 January 2021 (5+ years old) and is registered under CIN U50404OR2021PTC035248. The company has 33 employees.
Palmotor Ways Private Limited reported revenue of ₹33.65 Cr for FY 2024 (up 41.00% YoY).
The current directors of Palmotor Ways Private Limited are:
The primary industry of Palmotor Ways Private Limited is automotive. The company specifically operates in auto dealership and trading. The company is currently active in this sector.
Palmotor Ways Private Limited can be reached at the registered office: Plot No – 96 A Cuttack Road Budheswari Jharapada, Bhubaneswar, Orissa, India – 751006.
The authorised capital is ₹1 Cr, and the paid-up capital is ₹1 Cr.