Palssar Asia Private Limited
About Palssar Asia Private Limited
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Palssar Asia Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the engineering components retail and distribution segment of the engineering sector. It was incorporated on 18 June 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27109WB1999PTC089664. Its GSTIN is 19AACCP1704F1ZR (West Bengal).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹45.85 Lakh. It is led by directors Sunil Saria and Uttam Routh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 9/12 Lal Bazer Stblock B Room No 10 1 Floor, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2024, the company reported a revenue of ₹40.2 Lakh, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹67,421 (net margin -1.7%) and EBITDA of -₹34,016 (EBITDA margin -0.8%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 26% over five years.
As per MCA filings, the company has open charges of ₹40 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Palssar Asia Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address9/12 Lal Bazer Stblock B Room No 10 1 Floor, Kolkata, West Bengal, India – 700001
- IndustryEngineering, Engineering Components Retail & Distribution
To see the full contact details of Palssar Asia Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Palssar Asia is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Palssar Asia Private Limited, buy the company report.
Financials of Palssar Asia Private Limited
FY 2025 filings availablePalssar Asia Private Limited reported revenue of ₹40.2 Lakh (down 29% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 29% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 26%. EBITDA fell 114% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹34,016 | ||||
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| Net Profit (PAT) | -₹67,421 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -0.8% | ||||
| Net Profit Margin | -1.7% | ||||
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To see the full financial statements and ratios of Palssar Asia Private Limited, buy the company report.
Board of directors of Palssar Asia Private Limited
Palssar Asia has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Saria Also directs: Mudita Holdings Pvt Ltd | Director | 18 Jun 1999 | 27 Years 4 Months | Current |
| Uttam Routh | Director | 08 Sep 2020 | 6 Years 2 Months | Current |
Peer comparison
Palssar Asia Private Limited is compared with the 4 companies closest to it by revenue in the Engineering industry (Components Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Overseas Industrial Engineering Private Limited | ₹41.22 Lakh (FY 2025) | -40.0% | Nagpur, Maharashtra, India | |||
| Olympic Bearings Private Limited | ₹40.3 Lakh (FY 2025) | -6.0% | Rajkot, Gujarat, India | |||
| Palssar Asia Private Limitedthis company | ₹40.2 Lakh (FY 2024) | -₹67,421 | -1.7% | -29.0% | Kolkata, West Bengal, India | |
| Sansun Mercantile Pvt Ltd | ₹40.17 Lakh (FY 2024) | -19.0% | Kolkata, West Bengal, India | |||
| Credaero Private Limited | ₹39.83 Lakh (FY 2022) | 1397.0% | Delhi, India |
To see the full peer comparison of Palssar Asia Private Limited, buy the company report.
Auditor
Palssar Asia Private Limited is audited by P K BASOTIA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P K BASOTIA & ASSOCIATES | FY 2023 | 324659E |
Shareholding
The shareholding of Palssar Asia Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Palssar Asia Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Feb 2003 | 90254183 | Union Bank of India | ₹40 Lakh | Open |
To see the full charge records of Palssar Asia Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Palssar Asia Private Limited has 2 court cases on record: 2 filed by Palssar Asia. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against an individual | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against Union of India | Disposed |
To see the full case history of Palssar Asia Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Palssar Asia Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Palssar Asia has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCP1704F1ZR | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Palssar Asia Private Limited, buy the company report.
Recent activity
Palssar Asia Private Limited has 4 board changes on record since 1999: 2 appointments and 2 cessations. The latest: Brajendra Nath Sahoo ceased to be Director on 08 Oct 2020.
Frequently asked questions
Palssar Asia is an active private limited company based in Kolkata, West Bengal, India. The company works in engineering components retail and distribution, within the engineering industry. It was incorporated on 18 June 1999 (27+ years old) and is registered under CIN U27109WB1999PTC089664.
Palssar Asia has 2 current directors:
- Sunil Saria - Director
- Uttam Routh - Director
The latest financial statements of Palssar Asia on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Palssar Asia is 19AACCP1704F1ZR, registered in West Bengal.
The CIN (Corporate Identification Number) of Palssar Asia is U27109WB1999PTC089664. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palssar Asia has 2 court cases on record: 2 filed by the company.
Palssar Asia was incorporated on 18 June 1999, making it 27+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Palssar Asia by revenue are Overseas Industrial Engineering Private Limited, Olympic Bearings Private Limited, Sansun Mercantile Pvt Ltd, Credaero Private Limited, all in the Engineering industry (Components Retail and Distribution), with the same principal business activity (wholesale trading).
Brajendra Nath Sahoo ceased to be Director on 08 Oct 2020. Uttam Routh was appointed as Director on 08 Sep 2020. Saroj Kumar Lahiri ceased to be Director on 25 Jan 2015. Palssar Asia has 4 board changes on record in total.
The registered office of Palssar Asia is at 912 Lal Bazer Stblock B Room No 10 1 Floor, Kolkata, West Bengal, India – 700001.
Palssar Asia operates in the engineering industry, in the engineering components retail and distribution segment.
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