About Modern Gold Arts Pvt Ltd
Data last updated:
Modern Gold Arts Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 24 July 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U36911WB1995PTC073098. Its GSTIN is 19AADCM6684N1ZN (West Bengal).
The company has an authorised share capital of ₹1.78 Cr and a paid-up capital of ₹1.33 Lakh. It is led by directors including Ripple Piyush Doshi and Konal K Doshi.
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 7 Camac Street(Azimganj House3Rd Floor Wef 15 06 2000 P S Park Street, Kolkata, West Bengal, India – 700017.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.59 Cr, a growth of 82% compared to the previous year. For the same year it recorded a net profit of ₹59.85 Lakh (net margin 37.7%) and EBITDA of ₹77.97 Lakh (EBITDA margin 49.1%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website modernsolar.in.
Company details
Contact details
Modern Gold Arts Pvt Ltd's registered office is in Kolkata, West Bengal. Its website is modernsolar.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address7 Camac Street(Azimganj House3Rd Floor Wef 15 06 2000 P S Park Street, Kolkata, West Bengal, India – 700017
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Modern Gold Arts Pvt Ltd, 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 Modern Gold Arts is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Modern Gold Arts Pvt Ltd, buy the company report.
Financials of Modern Gold Arts Pvt Ltd
FY 2025 filings availableModern Gold Arts Pvt Ltd reported revenue of ₹1.59 Cr (up 82% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 82% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 207% 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 | ₹77.97 Lakh | ||||
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| Net Profit (PAT) | ₹59.85 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 | 49.1% | ||||
| Net Profit Margin | 37.7% | ||||
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To see the full financial statements and ratios of Modern Gold Arts Pvt Ltd, buy the company report.
Board of directors of Modern Gold Arts Pvt Ltd
Modern Gold Arts has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ripple Piyush Doshi Also directs: Doshi Infracon LLP, Modern Solar Private Limited, Chokshi Estate Private Limited and 4 more | Director | 24 Jul 1995 | 31 Years 3 Months | Current |
| Konal K Doshi Also directs: Modern Solar Private Limited, Chokshi Estate Private Limited, Doshi Overseas Private Limited and 4 more | Director | 10 Dec 1998 | 27 Years 11 Months | Current |
| Ketan Kantilal Doshi | Director | 24 Jul 1995 | 31 Years 3 Months | Current |
Peer comparison
Modern Gold Arts Pvt Ltd is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Keshia Jewels Private Limited | ₹1.61 Cr (FY 2025) | -78.0% | Surat, Gujarat, India | |||
| Mumbai Gems & Diamonds Private Limited | ₹1.61 Cr (FY 2022) | -49.0% | Mumbai, Maharashtra, India | |||
| Novelloglobe Enterprises Private Limited | ₹1.6 Cr (FY 2025) | 42.0% | Dehradun, Uttarakhand, India | |||
| Modern Gold Arts Pvt Ltdthis company | ₹1.59 Cr (FY 2024) | ₹59.85 Lakh | 37.7% | 82.0% | Kolkata, West Bengal, India | |
| Teegee Super Stores Pvt Ltd | ₹1.56 Cr (FY 2024) | -23.0% | Jaipur, Rajasthan, India | |||
| Sequel Impex Private Limited | ₹1.55 Cr (FY 2025) | -22.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Modern Gold Arts Pvt Ltd, buy the company report.
Auditor
Modern Gold Arts Pvt Ltd is audited by NARENDRA KOCHAR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NARENDRA KOCHAR & CO. | FY 2023 | 315201E |
Shareholding
The shareholding of Modern Gold Arts Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Modern Gold Arts Pvt Ltd, buy the company report.
Legal cases
Modern Gold Arts Pvt Ltd has 1 court case on record: 1 filed by Modern Gold Arts. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Company petition | Filed by the company | Disposed |
To see the full case history of Modern Gold Arts Pvt Ltd, 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 Modern Gold Arts Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Modern Gold Arts has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCM6684N1ZN | West Bengal | Active | 14 Mar 2018 |
To see the full GST registrations and return filing status of Modern Gold Arts Pvt Ltd, buy the company report.
Recent activity
Modern Gold Arts Pvt Ltd has 5 board changes on record since 1995: 4 appointments and 1 cessation. The latest: Piyush Doshi ceased to be Director on 31 Aug 2023.
Frequently asked questions
Modern Gold Arts is an active private limited company based in Kolkata, West Bengal, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 24 July 1995 (31+ years old) and is registered under CIN U36911WB1995PTC073098.
Modern Gold Arts has 3 current directors:
- Ripple Piyush Doshi - Director
- Konal K Doshi - Director
- Ketan Kantilal Doshi - Director
The latest financial statements of Modern Gold Arts 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 Modern Gold Arts is 19AADCM6684N1ZN, registered in West Bengal.
The CIN (Corporate Identification Number) of Modern Gold Arts is U36911WB1995PTC073098. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modern Gold Arts has 1 court case on record: 1 filed by the company.
Modern Gold Arts was incorporated on 24 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Modern Gold Arts by revenue are Keshia Jewels Private Limited, Mumbai Gems & Diamonds Private Limited, Novelloglobe Enterprises Private Limited, Teegee Super Stores Pvt Ltd, Sequel Impex Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading).
Piyush Doshi ceased to be Director on 31 Aug 2023. Konal K Doshi was appointed as Director on 10 Dec 1998. Ketan Kantilal Doshi was appointed as Director on 24 Jul 1995. Modern Gold Arts has 5 board changes on record in total.
Modern Gold Arts can be reached through the website modernsolar.in. Its registered office is in Kolkata, West Bengal, India.
The registered office of Modern Gold Arts is at 7 Camac StreetAzimganj House3Rd Floor Wef 15 06 2000 P S Park Street, Kolkata, West Bengal, India – 700017.
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