Paloma Turning Co Private Limited

Precision machining company with industrial units in Gujarat and Karnataka, serving global customers.

2005 | 361 005, Gujarat (India) | Active
Last Updated:

Paloma Turning Co Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.44 Cr
  • Company Age 19 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 121.43 Cr
  • Satisfied Charges ₹ 129.09 Cr
  • Revenue Growth 50.61%
  • Profit Growth 87.67%
  • Ebitda 0.16%
  • Net Worth 39.70%
  • Total Assets 24.02%

About Paloma Turning Co

Paloma Turning Co Private Limited (PTCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 October 2005 and has a history of 19 years and seven months. Its registered office is in 361 005, Gujarat.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.44 Cr.

The company currently has active open charges totaling ₹121.43 Cr. The company has closed loans amounting to ₹129.09 Cr, as per Ministry of Corporate Affairs (MCA) records.

Reena Anjariya, Ajay Anjaria, and Arjun Anjaria serve as directors at the Company.

Company Details

  • Location 361 005, Gujarat
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29199GJ2005PTC047011

  • Company No.

    047011

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Oct 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment
Company report

Paloma Turning Co Private Limited

Explore comprehensive data for Paloma Turning Co Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Paloma Turning Co?

Executive Team (1)

NameDesignationAppointment DateStatus
Reena Anjariya Country flag representing In Managing Director31-Oct-2005Current

Board Members (2)

NameDesignationAppointment DateStatus
Arjun Anjaria Country flag representing In Director 15-Jan-2021Current
Ajay Anjaria Country flag representing In Director 15-Jul-2014Current

Financial Performance of Paloma Turning Co.

Paloma Turning Co Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 50.61% increase. The company also saw a substantial improvement in profitability, with a 87.67% increase in profit. The company's net worth Soared by an impressive increase of 39.7%.

Paloma Turning Co revenue growth over time
Paloma Turning Co 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
50.61%
Revenue from Operations
50.27%
Total Assets
24.02%
Profit or Loss
87.67%
Net Worth
39.70%
EBITDA
0.16%

What is the Ownership and Shareholding Structure of Paloma Turning Co?

In 2022, Paloma Turning Co had a promoter holding of 99.84% and a public holding of 0.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹121.43 Cr

Satisfied Charges

₹129.09 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 108.41 Cr
  • State Bank Of India : 13.00 Cr
  • Others : 0.02 Cr

Latest Charge Details

DateLenderAmountStatus
08 Sep 2023Hdfc Bank Limited₹4.28 MOpen
04 Feb 2022Hdfc Bank Limited₹107.99 CrOpen
18 Mar 2019State Bank Of India₹13.00 CrOpen
21 Jun 2016Others₹0.15 MOpen
27 Apr 2018Others₹45.26 CrSatisfied

How Many Employees Work at Paloma Turning Co?

Paloma Turning Co has a workforce of 421 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Paloma Turning Co Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paloma Turning Co, 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 Paloma Turning Co'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.

Latest Updates, News, and FAQs on Paloma Turning Co

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 107.99 Cr registered on 04 Feb 2022 with Charge ID 100551923 was modified on 24 Jul 2024.

  • Charges

    A charge registered on 21 Jul 2017 via Charge ID 100114875 with Others was fully satisfied on 04 Mar 2024.

  • Charges

    A charge registered on 13 Jul 2017 via Charge ID 100114878 with Others was fully satisfied on 04 Mar 2024.

  • Charges

    A charge registered on 10 May 2017 via Charge ID 100099915 with Others was fully satisfied on 04 Mar 2024.

  • Charges

    A charge registered on 27 Apr 2018 via Charge ID 100217279 with Others was fully satisfied on 19 Dec 2023.

  • Charges

    A charge registered on 12 Sep 2017 via Charge ID 100247809 with Others was fully satisfied on 19 Dec 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Paloma Turning Co Private Limited?

    Paloma Turning Co Private Limited was incorporated on 31 Oct 2005.

  • What is authorized share capital and paid-up capital of Paloma Turning Co Private Limited?

    The authorized share capital of Paloma Turning Co Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.44 Cr.

  • Who are the current board members & directors of Paloma Turning Co Private Limited?

    Currently 3 directors are associated with Paloma Turning Co Private Limited.

    • Reena Ajay Anjariya
    • Ajay Jayantilal Anjaria
    • Arjun Ajay Anjaria

  • What is the registered address of Paloma Turning Co Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Paloma Turning Co Private Limited is Plot No. 13 Gidc Phaseii Dared, Rajkot Dwarka Bye Pass Jamnagar India, 361 005, Gujarat.

  • What is the corporate identification number (CIN) and company number of Paloma Turning Co Private Limited?

    The corporate identification number (CIN) of Paloma Turning Co Private Limited is U29199GJ2005PTC047011 and the company number is 047011 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Paloma Turning Co Private Limited?

    The Official website of Paloma Turning Co Private Limited is https://www.palomaturnedparts.com

  • What has been the recent revenue trend for Paloma Turning Co Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Paloma Turning Co Private Limited has risen by 50.61%.

  • How many employees does Paloma Turning Co Private Limited currently have?

    As Per 2022 financial reports, 421 employees are currently employed by Paloma Turning Co Private Limited.

  • What change has been observed in the net worth of Paloma Turning Co Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Paloma Turning Co Private Limited has experienced an upsurge of 39.70%.

  • What are the total open charges for Paloma Turning Co Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Paloma Turning Co Private Limited amount to ₹ 121.43 Cr.

  • When was the last Balance Sheet of Paloma Turning Co Private Limited filed with the ROC?

    The most recent Balance Sheet for Paloma Turning Co Private Limited was filed with the ROC on 31 Mar 2023.

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