Palve Foundation
About Palve Foundation
Data last updated:
Palve Foundation is a private not for profit company based in Ahmednagar, Maharashtra, India. It operates in the social services and community development segment of the non-profit sector. It was incorporated on 12 May 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85300MH2022NPL382590.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Avinash Babanrao Palve and Bhavana Avinash Palve.
Its last annual general meeting (AGM) was held on 18 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at C/O Babanrao Tukaram Palave 335/1 A Shivshakti Nagar Pathardi, Ahmednagar, Maharashtra, India – 414102.
As per the financials filed for FY 2023, the company reported a revenue of ₹82,565. For the same year it recorded a net loss of ₹6,477 (net margin -7.8%) and EBITDA of -₹6,477 (EBITDA margin -7.8%).
Company details
Contact details
Palve Foundation's registered office is in Ahmednagar, Maharashtra.
- Registered AddressC/O Babanrao Tukaram Palave 335/1 A Shivshakti Nagar Pathardi, Ahmednagar, Maharashtra, India – 414102
- IndustryNon-Profit Organizations, Social Work
- 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
Financials of Palve Foundation
FY 2023 filings availablePalve Foundation reported revenue of ₹82,565 for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
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| Total Expenses | |
| EBITDA | -₹6,477 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹6,477 |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
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| Trade Payables | |
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Financial Ratios
| Metrics | FY 2022-23 |
|---|---|
| Profitability | |
| EBITDA Margin | -7.8% |
| Net Profit Margin | -7.8% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
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| Efficiency and Growth | |
| Asset Turnover | |
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| Net Profit Growth | |
To see the full financial statements and ratios of Palve Foundation, buy the company report.
Board of directors of Palve Foundation
Palve Foundation has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avinash Babanrao Palve | Director | 12 May 2022 | 4 Years 6 Months | Current |
| Bhavana Avinash Palve | Director | 12 May 2022 | 4 Years 6 Months | Current |
| Baban Tukaram Palwe | Director | 12 May 2022 | 4 Years 6 Months | Current |
Legal cases
No court or tribunal cases involving Palve Foundation are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Palve Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Palve Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Palve Foundation has 3 board changes on record since 2022: 3 appointments. The latest: Avinash Babanrao Palve was appointed as Director on 12 May 2022.
Frequently asked questions
Palve Foundation is an active private not for profit company based in Ahmednagar, Maharashtra, India. The company works in social work, within the non-profit organizations industry. It was incorporated on 12 May 2022 (4+ years old) and is registered under CIN U85300MH2022NPL382590.
Palve Foundation has 3 current directors:
- Avinash Babanrao Palve - Director
- Bhavana Avinash Palve - Director
- Baban Tukaram Palwe - Director
The latest financial statements of Palve Foundation on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 18 December 2023. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Palve Foundation is U85300MH2022NPL382590. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palve Foundation was incorporated on 12 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
Avinash Babanrao Palve was appointed as Director on 12 May 2022. Baban Tukaram Palwe was appointed as Director on 12 May 2022. Bhavana Avinash Palve was appointed as Director on 12 May 2022.
The registered office of Palve Foundation is at CO Babanrao Tukaram Palave 3351 A Shivshakti Nagar Pathardi, Ahmednagar, Maharashtra, India – 414102.
Palve Foundation operates in the non-profit organizations industry, in the social work segment.
Palve Foundation can be reached at its registered office: CO Babanrao Tukaram Palave 3351 A Shivshakti Nagar Pathardi, Ahmednagar, Maharashtra, India – 414102.
Palve Foundation is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.
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