Palms Active Private Limited - Company Profile

It is a manufacturing private limited company based in Vellore, Tamil Nadu, India, established in 2022.
2022 Vellore, Tamil Nadu, India Active
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About Palms Active Private Limited

Palms Active Private Limited, a active private limited company, was established on 11 July 2022 in Vellore, Tamil Nadu, India. Engaging in leather goods within the manufacturing sector, it holds CIN: U19100TN2022PTC153774. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹11.50 Cr and a paid-up capital of ₹10.82 Cr.

It upholds a compliant status. Employing 1,132 professional, Its leadership includes Mecca Ashfaque Ahmed (Director), Narayanan Venkitraman (Nominee Director), Mecca Irshad Ahmed (Director). Past directors included Prakassh Idekarai Varatharaj. It holds ₹50.00 Cr open charges and no settled loans. Its latest AGM occurred on 30 November 2024, with the balance sheet filed on 31 March 2024. It is based at Sf No.54 66 67/1,2,68/1,2 69,70,71/4,5 Gudiyatham Rd Chinnavarigam Ambur, Vellore, Tamil Nadu, 635808.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U19100TN2022PTC153774

  • Registration Number

    153774

  • Incorporation Date

    11 July 2022

  • Authorized Capital

    ₹11.50 Cr

  • Paid-Up Capital

    ₹10.82 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 11.50 Cr
  • Paid Up Capital ₹ 10.82 Cr
  • Company Age 3 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 50.00 Cr
  • Revenue Growth **** %
  • Net Worth -103626.63%
  • Total Assets **** 407307.16%
Company report

Palms Active Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Palms Active Private 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 Palms Active Private Limited?
Current Directors
Name Designation Appointment Date Status
Mecca Ashfaque Ahmed Director 11 Jul 2022 Current
Narayanan Venkitraman Nominee Director 25 Sep 2024 Current
Mecca Irshad Ahmed Director 11 Jul 2022 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Company Secretary - Past

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Financial Performance of Palms Active.

Palms Active Private Limited, for the financial year ended 2024, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth observed a substantial decline by a decrease of 103626.63%.

Palms Active revenue growth over time
Palms Active 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
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Total Assets
*******
 407307.16%
*******
*******
*******
*******
Profit or Loss
*******
*******
*******
*******
*******
*******
Net Worth
*******
 -103626.63%
*******
*******
*******
*******
EBITDA
*******
*******
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Palms Active?

In 2024, Palms Active had a promoter holding of 100.00%. The company had 1 Subsidiary. 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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Charges (Loans)
Open Charges

₹500,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 50.00 Cr
Latest Charge Details
Date Lender Amount Status
24 Aug 2023 Axis Bank Limited ₹50.00 Cr Open

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How Many Employees Work at Palms Active?

Unlock and access historical data on people associated with Palms Active, 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 Palms Active, 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 Palms Active's trajectory.

Rating
Graph displaying rating trends over time

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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 Palms Active
Recent Activity within the Organization
  • Charges

    Progress on A charge with Axis Bank Limited of Rs. 50.00 Cr registered on 24 Aug 2023 with Charge ID 100796121 was modified on 23 Apr 2025. was documented.

  • Annual General Meeting

    The activity Palms Active Private Limited last Annual general meeting of members was held on 30 Nov 2024 as per latest MCA records. was completed.

  • Director Appointment

    Progress on Narayanan Venkitraman was appointed as a Nominee Director was appointed as a Nominee Director on 25 Sep 2024 & has been associated with this company since 1 year 5 months . was documented.

  • Balance Sheet

    Progress on Palms Active Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was documented.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 50.00 Cr with Charge ID 100796121 was registered on 24 Aug 2023. was recorded as a recent event.

  • Director Appointment

    Mecca Ashfaque Ahmed was appointed as a Director was appointed as a Director on 11 Jul 2022 & has been associated with this company since 3 years 7 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Palms Active Private Limited?

The CIN of Palms Active Private Limited is U19100TN2022PTC153774.

Where is Palms Active Private Limited headquartered?

Palms Active Private Limited is headquartered at Sf No.54 66 67/1,2,68/1,2 69,70,71/4,5 Gudiyatham Rd Chinnavarigam Ambur, Vellore, Tamil Nadu, 635808.

When was Palms Active Private Limited incorporated?

Palms Active Private Limited was incorporated on 11 July 2022.

Who are the current directors of Palms Active Private Limited?

The current directors of Palms Active Private Limited are

What is the primary industry of Palms Active Private Limited?

The primary industry of Palms Active Private Limited is Manufacturing.

Is Palms Active Private Limited a listed company?

Palms Active Private Limited is unlisted.

What is the capital structure of Palms Active Private Limited?

The authorized capital of Palms Active Private Limited is ₹11.50 Cr, and the paid-up capital is ₹10.82 Cr.

What is the compliance status of Palms Active Private Limited?

The compliance status of Palms Active Private Limited is Compliant.

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