Punjab Palace Private Limited
About Punjab Palace Private Limited
Data last updated:
Punjab Palace Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 08 June 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U55101CT2007PTC020289. Its GSTIN is 22AAECP3581G3ZJ (Chhattisgarh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.14 Lakh. It is led by directors including Harcharan Saluja Singh and Satwant Kaur Saluja.
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 Kutchery Chowk, Raipur, Chhattisgarh, India – 492001.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.28 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹33.1 Lakh (net margin 14.5%) and EBITDA of ₹49.79 Lakh (EBITDA margin 21.8%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 3% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹1.05 Cr 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
Punjab Palace Private Limited's registered office is in Raipur, Chhattisgarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressKutchery Chowk, Raipur, Chhattisgarh, India – 492001
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Punjab Palace 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 Punjab Palace is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Punjab Palace Private Limited, buy the company report.
Financials of Punjab Palace Private Limited
FY 2025 filings availablePunjab Palace Private Limited reported revenue of ₹2.28 Cr (up 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 21% growth in the latest year. EBITDA rose 45% 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 | ₹49.79 Lakh | ||||
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| Net Profit (PAT) | ₹33.1 Lakh | ||||
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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 | 21.8% | ||||
| Net Profit Margin | 14.5% | ||||
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To see the full financial statements and ratios of Punjab Palace Private Limited, buy the company report.
Board of directors of Punjab Palace Private Limited
Punjab Palace has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harcharan Saluja Singh | Director | 26 Mar 2012 | 14 Years 7 Months | Current |
| Satwant Kaur Saluja Also directs: Raipur Property Promoters Pvt Ltd | Director | 08 Jun 2007 | 19 Years 4 Months | Current |
| Vimlesh Saluja Kaur Also directs: Raipur Property Promoters Pvt Ltd | Director | 08 Jun 2007 | 19 Years 4 Months | Current |
| Manjit Saluja Singh | Director | 08 Jun 2007 | 19 Years 4 Months | Current |
Peer comparison
Punjab Palace Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Hotels), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rushad Wadia Hospitality Private Limited | ₹2.29 Cr (FY 2025) | -12.0% | Pune, Maharashtra, India | |||
| Hotel New Sagarpriya Private Limited | ₹2.29 Cr (FY 2025) | 144.0% | Haldia, West Bengal, India | |||
| Punjab Palace Private Limitedthis company | ₹2.28 Cr (FY 2024) | ₹33.1 Lakh | 14.5% | 21.0% | 16 | Raipur, Chhattisgarh, India |
| PRR Industries Private Limited | ₹2.28 Cr (FY 2025) | 27.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Punjab Palace Private Limited, buy the company report.
Auditor
Punjab Palace Private Limited is audited by SANTOSH KUMAR JAIN & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANTOSH KUMAR JAIN & CO | FY 2021 | 017142C |
Shareholding
The shareholding of Punjab Palace Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Punjab Palace Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Nov 2009 | 10186668 | State Bank of India | ₹1.05 Cr | Satisfied |
To see the full charge records of Punjab Palace Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Punjab Palace Private Limited has 2 court cases on record: 2 filed by Punjab Palace. 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, CHHATTISGARH | Court case (WPT) | Filed by the company against State of Chhattisgarh and 4 others | Disposed |
| High Court | Court case (WPT) | Filed by the company against State of Chhattisgarh and Ors. and 3 others | Disposed |
To see the full case history of Punjab Palace 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 Punjab Palace Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Punjab Palace Private Limited has a workforce of 16 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Punjab Palace has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAECP3581G3ZJ | Chhattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Punjab Palace Private Limited, buy the company report.
Recent activity
Punjab Palace Private Limited has 5 board changes on record since 2007: 4 appointments and 1 cessation. The latest: Harbans Saluja Kaur ceased to be Director on 21 Jan 2020.
Frequently asked questions
Punjab Palace is an active private limited company based in Raipur, Chhattisgarh, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 08 June 2007 (19+ years old) and is registered under CIN U55101CT2007PTC020289.
Punjab Palace has 4 current directors:
- Harcharan Saluja Singh - Director
- Satwant Kaur Saluja - Director
- Vimlesh Saluja Kaur - Director
- Manjit Saluja Singh - Director
The latest financial statements of Punjab 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 Punjab Palace is 22AAECP3581G3ZJ, registered in Chhattisgarh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Punjab Palace is U55101CT2007PTC020289. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Punjab Palace has 2 court cases on record: 2 filed by the company.
Punjab Palace was incorporated on 08 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Punjab Palace by revenue are Rushad Wadia Hospitality Private Limited, Hotel New Sagarpriya Private Limited, PRR Industries Private Limited, all in the Consumer Services industry (Hotels), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.).
Harbans Saluja Kaur ceased to be Director on 21 Jan 2020. Harcharan Saluja Singh was appointed as Director on 26 Mar 2012. Manjit Saluja Singh was appointed as Director on 08 Jun 2007. Punjab Palace has 5 board changes on record in total.
The registered office of Punjab Palace is at Kutchery Chowk, Raipur, Chhattisgarh, India – 492001.
Punjab Palace operates in the travel and hospitality industry, in the hotel and accommodation services segment.
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