Park Palace Limited Company Logo

Park Palace Limited - Company Profile

It is a consumer electronics & durables public limited company based in Kolkata, West Bengal, India, established in 1975.

1975 | Kolkata, West Bengal, India | Active
Last Updated:

About Park Palace Limited

Park Palace Limited, a active public limited company, was established on 07 May 1975 in Kolkata, West Bengal, India. Engaging in electronic appliances retail & distribution within the trade sector, it holds CIN: U70101WB1975PTC030005. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹2.00 M and a paid-up capital of ₹1.34 M.

Formerly known as Park Palace Private Limited. It upholds a compliant status. Its leadership includes Shashi Bhasin (Additional Director), Sudarshan Kumar Seth (Director), Lokesh Bhasin (Director). Past directors included Tapas Dutta, Bikash Chandra Sinha, Rajesh Gulgulia. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 83 Linton Street 2Nd Floor, Flat No 5, Kolkata, West Bengal, 700014.

Company Details

  • CIN/LLPIN

    U70101WB1975PLC030005

  • Registration Number

    030005

  • Incorporation Date

    07 May 1975

  • Authorized Capital

    ₹2.00 M

  • Paid-Up Capital

    ₹1.34 M

  • ROC Code

    Roc Kolkata

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.34 M
  • Company Age 50 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -46.18%
  • Profit Growth -1.95%
  • Ebitda -12.86%
  • Net Worth 17.04%
  • Total Assets 4.07%
Company report

Park Palace Limited

Company Report FY 2025-2026

Explore comprehensive insights into Park Palace Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Park Palace Limited?

Current Directors

NameDesignationAppointment DateStatus
Shashi BhasinAdditional Director18 Apr 2017Current
Sudarshan Kumar SethDirector06 Jun 2016Current
Lokesh BhasinDirector06 Jun 2016Current
Swati BhasinDirector06 Jun 2016Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector11 Aug 2016Past
Pramod AbcsddDirector11 Aug 2016Past
Pramod AbcsddDirector28 Mar 2008Past

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Financial Performance of Park Palace.

Park Palace Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 46.18% decrease. The company also saw a slight decrease in profitability, with a 1.95% decrease in profit. The company's net worth Soared by an impressive increase of 17.04%.

Park Palace revenue growth over time
Park Palace 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
-46.18%
Revenue from Operations
-61.70%
Total Assets
4.07%
Profit or Loss
-1.95%
Net Worth
17.04%
EBITDA
-12.86%

What is the Ownership and Shareholding Structure of Park Palace?

In 2020, Park Palace had a promoter holding of 92.52% and a public holding of 7.48%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Park Palace?

Unlock and access historical data on people associated with Park Palace, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Park Palace Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Park Palace, 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 Park Palace'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 Park Palace

Recent Activity within the Organization

  • Annual General Meeting

    Park Palace Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Park Palace Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata. was recorded as a recent event.

  • Director Appointment

    The activity Shashi Bhasin was appointed as a Additional Director was appointed as a Additional Director on 18 Apr 2017 & has been associated with this company since 8 years 7 months . was completed.

  • Director Appointment

    Sudarshan Kumar Seth was appointed as a Director was appointed as a Director on 06 Jun 2016 & has been associated with this company since 9 years 5 months . was recorded as a recent event.

  • Director Appointment

    Lokesh Bhasin was appointed as a Director was appointed as a Director on 06 Jun 2016 & has been associated with this company since 9 years 5 months . was recorded as a recent event.

  • Director Appointment

    Swati Bhasin was appointed as a Director was appointed as a Director on 06 Jun 2016 & has been associated with this company since 9 years 5 months . was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Park Palace Limited?

    The CIN of Park Palace Limited is U70101WB1975PLC030005.

  • Where is Park Palace Limited headquartered?

    Park Palace Limited is headquartered at 83 Linton Street 2Nd Floor, Flat No 5, Kolkata, West Bengal, 700014.

  • When was Park Palace Limited incorporated?

    Park Palace Limited was incorporated on 07 May 1975.

  • Who are the current directors of Park Palace Limited?

    The current directors of Park Palace Limited are

  • What is the primary industry of Park Palace Limited?

    The primary industry of Park Palace Limited is Trade.

  • Is Park Palace Limited a listed company?

    Park Palace Limited is unlisted.

  • What is the capital structure of Park Palace Limited?

    The authorized capital of Park Palace Limited is ₹2.00 M, and the paid-up capital is ₹1.34 M.

  • What is the compliance status of Park Palace Limited?

    The compliance status of Park Palace Limited is Compliant.

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