About Devigold Jewel Private Limited
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Devigold Jewel Private Limited is a private limited company based in Davanagere, Karnataka, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 24 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019PTC125537. Its GSTIN is 29AAHCD3082F1ZM (Karnataka).
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹7 Cr. It is led by directors including Santosh Ganesh Shet and Ganesh Devidas Shet.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Door No.79/1 – A B 2nd Floor Vasanth Talkies Road, Davanagere, Karnataka, India – 577001.
As per the financials filed for FY 2024, the company reported a revenue of ₹125.19 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹39.84 Lakh (net margin 0.3%) and EBITDA of ₹5.31 Cr (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years.
As per MCA filings, the company has open charges of ₹34.94 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devi-gold-jewel-pvt-ltd.business.site.
- EmailLocked
- TelephoneLocked
- Social MediaLocked
- Registered AddressDoor No.79/1 – A B 2nd Floor Vasanth Talkies Road, Davanagere, Karnataka, India – 577001
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
- 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
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Business Activity of Devigold Jewel Private Limited
The main business activity of Devigold Jewel is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Devigold Jewel Private Limited FY 2024 filings available
Devigold Jewel Private Limited reported revenue of ₹125.19 Cr (up 47% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Devigold Jewel Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 48% over three years, including 47% growth in the latest year. EBITDA rose 16% 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 of Devigold Jewel Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.31 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹39.84 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 of Devigold Jewel Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Devigold Jewel are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Devigold Jewel Private Limited
Devigold Jewel Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Diatechno India Private Limited | ₹126.99 Cr (FY 2025) | •••• | •••• | -59.0% | •••• | Mumbai, Maharashtra, India |
| Vedanth Jewels Private Limited | ₹125.97 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Bangalore, Karnataka, India |
| Nabi Enterprises Private Limited | ₹125.9 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Chennai, Tamil Nadu, India |
| Sukhraj Jewells Private Limited | ₹125.39 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Civil Lines, Rajasthan, India |
| Viraasat Jewels Private Limited | ₹125.37 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Jaipur, Rajasthan, India |
| Devigold Jewel Private Limited this company | ₹125.19 Cr (FY 2024) | •••• | •••• | 47.0% | •••• | Davanagere, Karnataka, India |
| VD Jewels Artison Private Limited | ₹125.1 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Mumbai, Maharashtra, India |
| J V Bangles Private Limited | ₹124.99 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Mumbai, Maharashtra, India |
| TDF Diamond Factory (India) Private Limited | ₹124.95 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Navi Mumbai, Maharashtra, India |
| Advit Jewels Limited | ₹124.94 Cr (FY 2025) | •••• | •••• | 80.0% | •••• | Jaipur, Rajasthan, India |
| Royal Italian Jewellery Private Limited | ₹124.94 Cr (FY 2025) | •••• | •••• | 74.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Devigold Jewel by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Devigold Jewel Private Limited
Devigold Jewel Private Limited is audited by SUNIL G C & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUNIL G C & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Devigold Jewel Private Limited
Devigold Jewel has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Ganesh Shet Also directs: Mallikarjun Cotton Textiles Private Limited | Director | 24 Jun 2019 | 7 Years 3 Months | Current |
| Ganesh Devidas Shet Also directs: KGP Studio LLP, Mallikarjun Cotton Textiles Private Limited, Kaishkunj Gold Private Limited and 2 more | Director | 24 Jun 2019 | 7 Years 3 Months | Current |
| Surekha Ganesh Also directs: Mallikarjun Cotton Textiles Private Limited, Kaishkunj Gold Private Limited, K.G.P Gold Palace Private Limited and 2 more | Director | 24 Jun 2019 | 7 Years 3 Months | Current |
Ownership and Shareholding of Devigold Jewel Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Devigold Jewel Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Mar 2020 | Others | ₹34.94 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Devigold Jewel Private Limited
Employment history and EPFO contributions of people linked to Devigold Jewel.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Devigold Jewel Private Limited
Devigold Jewel Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Ganesh Devidas Shet was appointed as Director on 24 Jun 2019.
Credit Ratings, Litigation & Regulatory Alerts for Devigold Jewel Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Devigold Jewel Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Devigold Jewel Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Devigold Jewel Private Limited
Devigold Jewel has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCD3082F1ZM | Karnataka | Active | 13 Mar 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Devigold Jewel Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Devigold Jewel Private Limited
Devigold Jewel is an active private limited company based in Davanagere, Karnataka, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 24 June 2019 (7+ years old) and is registered under CIN U74999KA2019PTC125537.
Devigold Jewel reported revenue of ₹125.19 Cr for FY 2024 (up 47% YoY).
Devigold Jewel has 3 current directors:
- Santosh Ganesh Shet - Director
- Ganesh Devidas Shet - Director
- Surekha Ganesh - Director
Devigold Jewel reported a net profit of ₹39.84 Lakh (net margin 0.3%) and EBITDA of ₹5.31 Cr (EBITDA margin 4.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devigold Jewel is 48% over three years. In the latest year (FY 2024) revenue rose 47%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devigold Jewel is 29AAHCD3082F1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of Devigold Jewel is U74999KA2019PTC125537. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devigold Jewel was incorporated on 24 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Devigold Jewel by revenue are Diatechno India Private Limited, Vedanth Jewels Private Limited, Nabi Enterprises Private Limited, Sukhraj Jewells Private Limited, Viraasat Jewels Private Limited and 5 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers).
Ganesh Devidas Shet was appointed as Director on 24 Jun 2019. Santosh Ganesh Shet was appointed as Director on 24 Jun 2019. Surekha Ganesh was appointed as Director on 24 Jun 2019.
Devigold Jewel can be reached through the website devi-gold-jewel-pvt-ltd.business.site. Its registered office is in Davanagere, Karnataka, India.