Palta Rubbers Private Limited
About Palta Rubbers Private Limited
Data last updated:
Palta Rubbers Private Limited is a private limited company based in Jalandhar, Punjab, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 21 November 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U25199PB1994PTC015330. Its GSTIN is 03AABCP3444K1ZL (Punjab).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹8.4 Lakh. It is led by directors Sameer Palta (Whole-Time Director) and Rashmi Palta.
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 Industrial Areajalandhar City, Punjab, India – 144004.
As per the financials filed for FY 2024, the company reported a revenue of ₹84.56 Lakh, a decline of 59% compared to the previous year. For the same year it recorded a net loss of ₹41,543 (net margin -0.5%) and EBITDA of ₹5.12 Lakh (EBITDA margin 6.1%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 24% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹80 Lakh and satisfied charges of ₹1.05 Cr on record. Court records list 9 cases involving the company, including 9 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressIndustrial Areajalandhar City, Punjab, India – 144004
- IndustryManufacturing, Rubber-Based Products
- 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
- One PDF report, delivered after checkout
Business Activity of Palta Rubbers Private Limited
The main business activity of Palta Rubbers is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Palta Rubbers Private Limited FY 2025 filings available
Palta Rubbers Private Limited reported revenue of ₹84.56 Lakh (down 59% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Palta Rubbers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 59% fall in the latest year. EBITDA fell 27% 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 of Palta Rubbers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.12 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹41,543 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Palta Rubbers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Palta Rubbers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Palta Rubbers Private Limited
Palta Rubbers Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Rubber Based Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prime Tyre Fabs Private Limited | ₹87.58 Lakh (FY 2024) | •••• | •••• | 27.0% | •••• | Coimbatore, Tamil Nadu, India |
| Garware Fulflex Social Foundation | ₹87.5 Lakh (FY 2025) | •••• | •••• | 46.0% | •••• | Pune, Maharashtra, India |
| Sudeep Rub-Chem Private Limited | ₹85.65 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Anand, Gujarat, India |
| India Super Private Limited | ₹85.41 Lakh (FY 2025) | •••• | •••• | 335.0% | •••• | Kolkata, West Bengal, India |
| Minaikal Rubber Engineering Private Limited | ₹84.77 Lakh (FY 2024) | •••• | •••• | -7.0% | •••• | Ratlam, Madhya Pradesh, India |
| Palta Rubbers Private Limited this company | ₹84.56 Lakh (FY 2024) | •••• | •••• | -59.0% | •••• | Jalandhar, Punjab, India |
| Anand Tyre Retreading (Pune) Pvt Ltd | ₹83.25 Lakh (FY 2024) | •••• | •••• | 14.0% | •••• | Pune, Maharashtra, India |
| Gnanasekaran Polymers Private Limited | ₹83.06 Lakh (FY 2020) | •••• | •••• | 300.0% | •••• | Gurgaon, Haryana, India |
| JMN Engineering Private Limited | ₹82.98 Lakh (FY 2024) | •••• | •••• | 830.0% | •••• | Shirur, Maharashtra, India |
| Jaysun Industries Private Limited | ₹82.84 Lakh (FY 2025) | •••• | •••• | 8.0% | •••• | Delhi, India |
| Do-Yamamoto Engineering India Private Limited | ₹82.64 Lakh (FY 2024) | •••• | •••• | 428.0% | •••• | Bengaluru, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Palta Rubbers by revenue in the Manufacturing industry (Rubber Based Products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Palta Rubbers Private Limited
Palta Rubbers Private Limited is audited by SURINDER MAHAJAN & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SURINDER MAHAJAN & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Palta Rubbers Private Limited
Palta Rubbers has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sameer Palta | Whole-Time Director | 21 Nov 1994 | 31 Years 10 Months | Current |
| Rashmi Palta | Director | 29 May 2012 | 14 Years 4 Months | Current |
Ownership and Shareholding of Palta Rubbers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Palta Rubbers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 May 2016 | Yes Bank Limited | ₹80 Lakh | Open |
| 27 Jul 2013 | Hdfc Bank Limited | ₹1.05 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Palta Rubbers Private Limited
Palta Rubbers Private Limited has 9 court cases on record: 9 filed by Palta Rubbers. 2 cases are pending and 7 are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 0 | 2 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jalandhar, Punjab | Cheque dishonour complaint | Filed by the company against Shiv Trading Co | Pending |
| District court, Jalandhar, Punjab | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Jalandhar, Punjab | Execution petition | Filed by the company against Shiv Trading Company | Disposed |
| District court, Jalandhar, Punjab | Execution petition | Filed by the company against Kailash Enterprises | Disposed |
| District court, Jalandhar, Punjab | Civil suit | Filed by the company against Shree Krishna Traders | Disposed |
Full case history
All 9 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Palta Rubbers Private Limited
Palta Rubbers Private Limited has a workforce of 11 employees as of Mar 27, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Palta Rubbers Private Limited
Palta Rubbers Private Limited has 7 board changes on record since 1994: 2 appointments and 5 cessations. The latest: Subhash Palta ceased to be Whole-Time Director on 26 Apr 2020.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Palta Rubbers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Palta Rubbers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Palta Rubbers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Palta Rubbers Private Limited
Palta Rubbers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCP3444K1ZL | Punjab | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Palta Rubbers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Palta Rubbers Private Limited
Palta Rubbers is an active private limited company based in Jalandhar, Punjab, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 21 November 1994 (32+ years old) and is registered under CIN U25199PB1994PTC015330.
Palta Rubbers reported revenue of ₹84.56 Lakh for FY 2024 (down 59% YoY).
Palta Rubbers has 2 current directors:
- Sameer Palta - Whole-Time Director
- Rashmi Palta - Director
Palta Rubbers reported a net loss of ₹41,543 (net margin -0.5%) and EBITDA of ₹5.12 Lakh (EBITDA margin 6.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Palta Rubbers is -30% over three years and -24% over five years. In the latest year (FY 2024) revenue fell 59%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Palta Rubbers is 03AABCP3444K1ZL, registered in Punjab.
The CIN (Corporate Identification Number) of Palta Rubbers is U25199PB1994PTC015330. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palta Rubbers has 9 court cases on record: 9 filed by the company. 2 are pending.
Palta Rubbers was incorporated on 21 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Palta Rubbers by revenue are Prime Tyre Fabs Private Limited, Garware Fulflex Social Foundation, Sudeep Rub-Chem Private Limited, India Super Private Limited, Minaikal Rubber Engineering Private Limited and 5 more, all in the Manufacturing industry (Rubber Based Products).
Subhash Palta ceased to be Whole-Time Director on 26 Apr 2020. Karan Palta ceased to be Director on 26 Dec 2018. Ajay Palta ceased to be Whole-Time Director on 20 Aug 2013. Palta Rubbers has 7 board changes on record in total.