Palai Developments Private Limited - Company overview

Palai Developments Private Limited was incorporated on 18 August 2017 and is registered with ROC Mumbai.

2017-08-18 Mumbai, Maharashtra Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹10–50 Lakh
FY 2018
PROFIT / LOSS
Loss · ₹10–25 Cr
FY 2018
EBITDA
Loss · ₹10–50 Lakh
FY 2018
NET WORTH
Loss · ₹10–25 Cr
FY 2018
TOTAL ASSETS
₹50–100 Cr
FY 2018
OPEN CHARGES
2
310.00 cr
PAID-UP CAPITAL
5.00 Lakh
AUTHORISED CAPITAL
5.00 Lakh
COMPANY AGE
9 Years 2 Months
since 2017-08-18
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-30
ACTIVE GST
1
Updated: 2023-02-25 04:24:47
TOTAL MONEY RAISED
₹100–500 Cr
SATISFIED CHARGES
-
-

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Palai Developments Private Limited covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
63/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (88), financial health (10), director (90) and company-foundation signals.
  • Operating for 9 years.
Compliance Score Low risk
88/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score High risk
10/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2018.
  • Negative net worth - capital eroded by losses.
Director Risk Score Low risk
90/100
Board strength, DIN status and churn.
  • 4 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Palai Developments Private Limited Company identity, industry, contact, and registration details from MCA and company records.

Palai Developments Private Limited was incorporated on 18 August 2017 and is registered with ROC Mumbai. It is an active private limited company, now about 9 years old. The registered office is at Plot No. 96, Ground Floor, Arudh Niwas, Mumbai, Maharashtra.

In its MCA filings the main business is listed as real estate activities, which made up 100% of turnover.

It has four directors: Hetal Rajesh Gala, Parambadi Madhavan Nair, Rajesh Dhanji Gala and Gaurav Kauntia. The longest-serving is Rajesh Dhanji Gala, on the board since 2017; the most recent to join is Parambadi Madhavan Nair, appointed in January 2020. Rajesh Dhanji Gala is the managing director. Two former directors are on record; the most recent to leave was Dhanji Ghellabhai Gala in June 2024. Between them, the directors also sit on the boards of 4 other companies, including Siyuti Clothing Private Limited and Palai Developers (Deolali) Private Limited.

Authorised and paid-up capital are both ₹5 lakh, so the full authorised amount has been issued. Its latest balance sheet on MCA is for the year ending 31 March 2025, and the last AGM was on 30 September 2025. Two charges (secured loans) are still open.

Real Estate and Construction ••••••••
  • Location Plot No. 96, Ground Floor, Arudh Niwas, Mumbai, Maharashtra - 400014
  • Website palaigroup.com
Legal NamePalai Developments Private Limited
CIN / LLPINU45309MH2017PTC298756
Company No.298756
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2017-08-18
Date of AGM2025-09-30
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai
Credit RatingD (Brickwork)
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Palai Developments Private Limited (4) Current board members from MCA filings, including designation and appointment details.

H
Director | Since 2018-11-22 | DIN: 08168777
P
Parambadi Madhavan Nair
Company Secretary | Since 2020-01-08
R
Managing Director | Since 2017-08-18 | DIN: 00780594
G
Gaurav Kauntia
Cfo | Since 2018-11-22

Financial Performance of Palai Developments Private Limited Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2018
Revenue ₹10–50 Lakh
P&L Loss · ₹10–25 Cr
EBITDA Loss · ₹10–50 Lakh
Net worth Loss · ₹10–25 Cr

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Charges of Palai Developments Private Limited Open and satisfied charges registered against the company with MCA.

Others : 310.00 cr
Open Charges: 2 Satisfied Charges: 0
Open 310.00 cr
Satisfied 0
LenderAmountStatus
Others
Creation Date: 29 Dec 2021
185.00 cr Open
Others
Creation Date: 12 Oct 2017
125.00 cr Open

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Real estate activitiesReal estate activities100

Companies With Common Directors Of Palai Developments Private Limited Other companies that share directors with this entity, based on MCA and compliance network data.

Financial Ratios of Palai Developments Private Limited Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

1 year of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Palai Developments Private Limited Ownership and contribution detail from filings. Full breakdown unlocks with your report.

1 shareholder category on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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GST Compliance of Palai Developments Private Limited GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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MSME Payment Delays by Palai Developments Private Limited MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Palai Developments Private Limited Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

MCA filings and documents require an active report plan.

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Frequently Asked Questions about Palai Developments Private Limited Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Palai Developments Private Limited?
MCA does not publish an "owner" field. Palai Developments Private Limited is run by its directors, Hetal Rajesh Gala, Parambadi Madhavan Nair, Rajesh Dhanji Gala and one other, with Rajesh Dhanji Gala as managing director. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Palai Developments Private Limited?
Palai Developments Private Limited has four current directors: Hetal Rajesh Gala (since November 2018), Parambadi Madhavan Nair (since January 2020), Rajesh Dhanji Gala (since August 2017) and Gaurav Kauntia (since November 2018). Rajesh Dhanji Gala is the managing director.
What is CIN of Palai Developments Private Limited?
The CIN of Palai Developments Private Limited is U45309MH2017PTC298756. Reading it left to right: U means it is not listed, 45309 is the industry code it registered under, MH is Maharashtra, 2017 is the year it was registered, PTC is the company type and 298756 is its registration number.
When was Palai Developments Private Limited incorporated?
Palai Developments Private Limited was incorporated on 18 August 2017 with ROC Mumbai. That makes it about 9 years old.
What is the registered address of Palai Developments Private Limited?
The registered office on MCA records is Plot No. 96, Ground Floor, Arudh Niwas, Mumbai, Maharashtra - 400014.
What is the current status of Palai Developments Private Limited?
MCA shows Palai Developments Private Limited as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Palai Developments Private Limited?
You can post to its registered office at Plot No. 96, Ground Floor, Arudh Niwas, Mumbai, Maharashtra - 400014 and use its website, https://palaigroup.com.
What industry or business activity is Palai Developments Private Limited associated with?
Its MCA filings list the main business as real estate activities (100% of turnover).
What is paid-up capital and authorised share capital of Palai Developments Private Limited?
Both authorised and paid-up capital are ₹5 lakh.
When did Palai Developments Private Limited last file accounts and hold an AGM?
The last AGM on record was on 30 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Palai Developments Private Limited?
Two charges against Palai Developments Private Limited are still open.
Have any directors left Palai Developments Private Limited?
Yes, two former directors are on record. Dhanji Ghellabhai Gala (June 2024) left.
Which companies share directors with Palai Developments Private Limited?
4 companies share directors with Palai Developments Private Limited. Among them are Siyuti Clothing Private Limited, Palai Developers (Deolali) Private Limited, Palai Developers (Lonavala) Private Limited and 1 more.
What is the turnover or revenue of Palai Developments Private Limited?
Based on filed financial statements, the revenue of Palai Developments Private Limited for FY 2018 was in the ₹10–50 Lakh range. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Palai Developments Private Limited?
For FY 2018, the net worth of Palai Developments Private Limited was negative, in the ₹10–25 Cr range.
How can I get the financial details of Palai Developments Private Limited?
The latest accounts on record are for FY 2018. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Palai Developments Private Limited?
The website on record for Palai Developments Private Limited is https://palaigroup.com.
Which company owns palaigroup.com?
palaigroup.com is the website listed for Palai Developments Private Limited in its company records.
Palai Developments Private Limited - is it listed or unlisted?
Palai Developments Private Limited is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Palai Developments Private Limited?
Palai Developments Private Limited is registered with ROC Mumbai.
What is the company classification of Palai Developments Private Limited?
MCA classifies Palai Developments Private Limited as: Private Limited Indian Non-Government Company.
Does Palai Developments Private Limited have GST registrations on file?
Yes, one active GST registration is linked to Palai Developments Private Limited.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.