A B Gold Private Limited
About A B Gold Private Limited
Data last updated:
A B Gold Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 22 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U36910KA2009PTC050184.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.74 Cr. It is led by directors Jitu Porwal and Ashok Porwal.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at No.2 I Floor C R Temple Street Nagarathpet Cross, Bangalore, Karnataka, India – 560002.
As per the financials filed for FY 2017, the company reported a revenue of ₹271.33 Cr, a growth of 54% compared to the previous year. For the same year it recorded a net loss of ₹3.75 Lakh (net margin 0%) and EBITDA of -₹3.94 Cr (EBITDA margin -1.5%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹38.5 Cr and satisfied charges of ₹14.5 Cr on record. Court records list 16 cases involving the company, including 4 filed by the company and 12 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
A B Gold Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.2 I Floor C R Temple Street Nagarathpet Cross, Bangalore, Karnataka, India – 560002
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of A B Gold 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
Financials of A B Gold Private Limited
FY 2017 filings availableA B Gold Private Limited reported revenue of ₹271.33 Cr (up 54% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 54% growth 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹271.33 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹3.94 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹3.75 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -1.5% | ||
| Net Profit Margin | 0% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of A B Gold Private Limited, buy the company report.
Board of directors of A B Gold Private Limited
A B Gold has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitu Porwal | Director | 24 Jun 2014 | 12 Years 4 Months | Current |
| Ashok Porwal Also directs: Kanak Parshwa Gold Private Limited | Director | 22 Jun 2009 | 17 Years 4 Months | Current |
Auditor
A B Gold Private Limited is audited by ROHIT G AND COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ROHIT G AND COMPANY | FY 2017 | 012126S |
Shareholding
The shareholding of A B Gold Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of A B Gold Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jun 2013 | 10437197 | Dhanlaxmi Bank Limited | ₹10 Cr | Open | |
| 11 Feb 2013 | 10403431 | Axis Bank Limited | ₹3.5 Cr | Open | |
| 25 Nov 2011 | 10321847 | Axis Bank Limited | ₹25 Cr | Open | |
| 24 May 2012 | 10366019 | Gruh Finance Limited | ₹3 Cr | Satisfied | |
| 07 Sep 2010 | 10239651 | State Bank of India | ₹11.5 Cr | Satisfied |
To see the full charge records of A B Gold Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
A B Gold Private Limited has 16 court cases on record: 4 filed by A B Gold, 12 filed against it. 2 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 10 | 2 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Appeal | Filed by the company against Dhanalakshmi Bank Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal miscellaneous application | Filed against the company by Ms Axis Bank Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Dhanalaxmi Bank | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of A B Gold 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 A B Gold Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for A B Gold Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
A B Gold Private Limited has 4 board changes on record since 2009: 2 appointments and 2 cessations. The latest: Jitu Porwal ceased to be Additional Director on 30 Sep 2014.
4 earlier events are in the company report.
Frequently asked questions
A B Gold is an active private limited company based in Bangalore, Karnataka, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 22 June 2009 (17+ years old) and is registered under CIN U36910KA2009PTC050184.
A B Gold has 2 current directors:
- Jitu Porwal - Director
- Ashok Porwal - Director
The latest financial statements of A B Gold on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of A B Gold is U36910KA2009PTC050184. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
A B Gold has 16 court cases on record: 4 filed by the company and 12 filed against it. 2 are pending. Most are in the district courts.
A B Gold was incorporated on 22 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Jitu Porwal ceased to be Additional Director on 30 Sep 2014. Jitu Porwal was appointed as Director on 24 Jun 2014. Porwal Anu ceased to be Director on 24 Jun 2014. A B Gold has 4 board changes on record in total.
The registered office of A B Gold is at No.2 I Floor C R Temple Street Nagarathpet Cross, Bangalore, Karnataka, India – 560002.
A B Gold operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
A B Gold has open charges of ₹38.5 Cr and satisfied charges of ₹14.5 Cr as per latest MCA filings.