Paluck Technologies Ltd.
PROSPECTUS · filed 28 Aug 2026
Paluck Technologies Ltd. is a company that has reported delays in the repayment of a loan of Rs 101.05 lakhs to Equitas Small Finance Bank and has experienced delays in filing statutory forms and GST returns, which may result in regulatory scrutiny, fines, or penalties. The company is heavily dependent on a limited number of customers, with top 10 customers accounting for 44.73% of revenue from operations for the eleven months period ended February 28, 2026, and 65.56% for Fiscal 2023. The loss of even one major customer could materially reduce revenues and profitability.
What stands out
Risk factor. The Company is heavily dependent on a limited number of customers, with top 10 customers accounting for 44.73% of revenue from operations for the eleven months period ended February 28, 2026, and 65.56% for Fiscal 2023. The loss of even one major customer could materially reduce revenues and profita
How the offer is structured
- Funding capital expenditure towards the purchase of new Ready-Mix Concrete (RMC) machinery and DG sets ensuring compliance with prevailing environmental standards₹10.0 Cr
- Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by our Company₹3.1 Cr
- Funding the Working Capital requirement of our company₹10.0 Cr
- General Corporate Purpose₹5.0 Cr
Promoters, litigation & related parties
Promoter (pre)
86.5%
Risks the company discloses
The Company is heavily dependent on a limited number of customers, with top 10 customers accounting for 44.73% of revenue from operations for the eleven months period ended February 28, 2026, and 65.56% for Fiscal 2023. The loss of even one major customer could materially reduce revenues and profitability.(Customer Concentration)
The Company has experienced delays in the repayment of a loan obtained from Equitas Small Finance Bank Limited in the amount of ₹101.05 lakhs in Financial Year 2025-2026, which may adversely affect its credit profile, access to future financing, and investor confidence.(Financial Distress)
The Company has experienced delays in filing statutory forms with the Registrar of Companies, including a compounding application under Form GNL-1 filed on September 19, 2025, which is currently under process.(Regulatory Compliance)
The Company has experienced delays in filing Goods and Services Tax (GST) returns, including GSTR-3B and GSTR-1, which may result in regulatory scrutiny, fines, or penalties, potentially affecting the Company's reputation and operational efficiency.(Regulatory Compliance)
The Company has experienced delays in the repayment of loans in the past, which may indicate potential liquidity or operational constraints, and there can be no assurance that the Company will not encounter similar delays in the future.(Financial Distress)
The Company has experienced instances of non-compliance in filling statutory forms required to be filed as per the reporting requirements with the Registrar of Companies under the Companies Act, which may attract penalties.(Regulatory Compliance)
The Company has experienced delays in filing GST returns, including GSTR-3B and GSTR-1, which may result in regulatory scrutiny, fines, or penalties, potentially affecting the Company's reputation and operational efficiency.(Regulatory Compliance)
The Company has experienced delays in filing GST returns, including GSTR-3B and GSTR-1, which may result in regulatory scrutiny, fines, or penalties, potentially affecting the Company's reputation and operational efficiency.(Regulatory Compliance)
No dimension score is published for this filing. Too few sections could be read from the document to score it without guessing, and a score built on two fields would say more about our extraction than about the company.