West Palm Developments Private Limited - Company Profile

It is a financial services private limited company based in Bangalore, Karnataka, India, established in 1996.
1996 Bangalore, Karnataka, India Converted to LLP
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About West Palm Developments Private Limited

West Palm Developments Private Limited, a converted to llp private limited company, was established on 15 April 1996 in Bangalore, Karnataka, India. Engaging in financial activities within the financial services sector, it holds CIN: U70102KA1996PTC020295. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹15.00 Cr and a paid-up capital of ₹1.06 Cr.

Its leadership includes Noaman Razack (Director), Irfanrazack (Director), Rezwan Razack (Director). It holds no open charges and ₹189.00 Cr settled loans. Its latest AGM occurred on 29 September 2015, with the balance sheet filed on 31 March 2015. It is based at The Falcon House, No.1, Main Guard Cross Road, Bangalore., Bangalore, Karnataka, 560001.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U70102KA1996PTC020295

  • Registration Number

    020295

  • Incorporation Date

    15 April 1996

  • Authorized Capital

    ₹15.00 Cr

  • Paid-Up Capital

    ₹1.06 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Converted to LLP

Key Metrics
  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 1.06 Cr
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2015
  • Satisfied Charges ₹ 189.00 Cr
Company report

West Palm Developments Private Limited

Company Report FY 2025-2026

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Who are the key members and board of directors at West Palm Developments Private Limited?
Current Directors
Name Designation Appointment Date Status
Noaman Razack Director 01 Jun 2003 Current
Irfanrazack Director 15 Apr 1996 Current
Rezwan Razack Director 15 Apr 1996 Current

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Financial Performance of West Palm Developments.

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West Palm Developments revenue growth over time
West Palm Developments profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
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What is the Ownership and Shareholding Structure of West Palm Developments?

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Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹1,890,000,000.00

Charges Breakdown by Lending Institutions
  • Idbi Trusteeship Services Limited : 104.00 Cr
  • Infra Leasing & Financial Services Ltd : 35.00 Cr
  • Union Bank Of India : 35.00 Cr
  • Infrastructure Leasing And Financial Services Limited : 15.00 Cr
Latest Charge Details
Date Lender Amount Status
12 Sep 2008 Union Bank Of India ₹35.00 Cr Satisfied
17 Mar 2007 Idbi Trusteeship Services Limited ₹104.00 Cr Satisfied
15 Jun 2006 Infrastructure Leasing And Financial Services Limited ₹15.00 Cr Satisfied
18 Apr 2005 Infra Leasing & Financial Services Ltd ₹35.00 Cr Satisfied

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How Many Employees Work at West Palm Developments?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on West Palm Developments
Recent Activity within the Organization
  • Charges

    Progress on A charge registered on 12 Sep 2008 via Charge ID 10124582 with Union Bank Of India was fully satisfied on 04 Jan 2016. was documented.

  • Annual General Meeting

    West Palm Developments Private Limited last Annual general meeting of members was held on 29 Sep 2015 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity West Palm Developments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Bangalore. was completed.

  • Charges

    A charge registered on 18 Apr 2005 via Charge ID 80049849 with Infra Leasing & Financial Services Ltd was fully satisfied on 25 Nov 2008. was recorded as a recent event.

  • Charges

    A charge with Union Bank Of India of Rs. 35.00 Cr registered on 12 Sep 2008 with Charge ID 10124582 was modified on 17 Sep 2008. was recorded as a recent event.

  • Charges

    The activity A charge with Union Bank Of India amounted to Rs. 35.00 Cr with Charge ID 10124582 was registered on 12 Sep 2008. was completed.

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Frequently Asked Questions
What is the CIN of West Palm Developments Private Limited?

The CIN of West Palm Developments Private Limited is U70102KA1996PTC020295.

Where is West Palm Developments Private Limited headquartered?

West Palm Developments Private Limited is headquartered at The Falcon House, No.1, Main Guard Cross Road, Bangalore., Bangalore, Karnataka, 560001.

When was West Palm Developments Private Limited incorporated?

West Palm Developments Private Limited was incorporated on 15 April 1996.

Who are the current directors of West Palm Developments Private Limited?

The current directors of West Palm Developments Private Limited are

What is the primary industry of West Palm Developments Private Limited?

The primary industry of West Palm Developments Private Limited is Financial Services.

Is West Palm Developments Private Limited a listed company?

West Palm Developments Private Limited is unlisted.

What is the capital structure of West Palm Developments Private Limited?

The authorized capital of West Palm Developments Private Limited is ₹15.00 Cr, and the paid-up capital is ₹1.06 Cr.

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