Park Palace Limited
About Park Palace Limited
Data last updated:
Park Palace Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 07 May 1975 and has been in existence for over 51 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70101WB1975PLC030005. Its GSTIN is 19AABCP8736G1Z4 (West Bengal).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹13.38 Lakh. It was formerly known as Park Palace Private Limited. It is led by directors including Swati Bhasin and Lokesh Bhasin.
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 83 Linton Street 2nd Floor Flat No 5, Kolkata, West Bengal, India – 700014.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.89 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹14.77 Lakh (net margin 7.8%) and EBITDA of ₹17.68 Lakh (EBITDA margin 9.3%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 24% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Park Palace has one previous CIN (Corporate Identification Number): U70101WB1975PTC030005. The current CIN is U70101WB1975PLC030005, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101WB1975PLC030005 | Current |
| U70101WB1975PTC030005 | Previous |
Contact details
Park Palace Limited's registered office is in Kolkata, West Bengal.
- Registered Address83 Linton Street 2nd Floor Flat No 5, Kolkata, West Bengal, India – 700014
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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 Park Palace is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Park Palace Limited, buy the company report.
Financials of Park Palace Limited
FY 2025 filings availablePark Palace Limited reported revenue of ₹1.89 Cr (down 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA rose 92% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹17.68 Lakh | ||||
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| Net Profit (PAT) | ₹14.77 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 9.3% | ||||
| Net Profit Margin | 7.8% | ||||
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To see the full financial statements and ratios of Park Palace Limited, buy the company report.
Board of directors of Park Palace Limited
Park Palace has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swati Bhasin Also directs: Tanusha Infrastructure and Development Private Limited | Director | 06 Jun 2016 | 10 Years 5 Months | Current |
| Lokesh Bhasin Also directs: Tanusha Infrastructure and Development Private Limited | Director | 06 Jun 2016 | 10 Years 5 Months | Current |
| Shashi Bhasin | Additional Director | 18 Apr 2017 | 9 Years 6 Months | Current |
| Sudarshan Kumar Seth Also directs: Memco Construction Pvt Ltd | Director | 06 Jun 2016 | 10 Years 5 Months | Current |
Legal cases
No court or tribunal cases involving Park Palace Limited 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 Park Palace Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Park Palace has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCP8736G1Z4 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Park Palace Limited, buy the company report.
Recent activity
Park Palace Limited has 8 board changes on record since 2008: 4 appointments and 4 cessations. The latest: Shashi Bhasin was appointed as Additional Director on 18 Apr 2017.
Frequently asked questions
Park Palace is an active public limited company based in Kolkata, West Bengal, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 07 May 1975 (51+ years old) and is registered under CIN U70101WB1975PLC030005.
Park Palace has 4 current directors:
- Swati Bhasin - Director
- Lokesh Bhasin - Director
- Shashi Bhasin - Additional Director
- Sudarshan Kumar Seth - Director
The latest financial statements of Park Palace 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 Park Palace is 19AABCP8736G1Z4, registered in West Bengal.
The CIN (Corporate Identification Number) of Park Palace is U70101WB1975PLC030005. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Park Palace was incorporated on 07 May 1975, making it 51+ years old. It is registered with the Registrar of Companies, Kolkata.
Shashi Bhasin was appointed as Additional Director on 18 Apr 2017. Amartya Sinha ceased to be Director on 11 Aug 2016. Bikash Chandra Sinha ceased to be Director on 11 Aug 2016. Park Palace has 8 board changes on record in total.
The registered office of Park Palace is at 83 Linton Street 2nd Floor Flat No 5, Kolkata, West Bengal, India – 700014.
Park Palace operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
The compliance status of Park Palace is compliant as of 08 July 2026. The company is actively filing with the Registrar of Companies.
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