Gitanjali Gems Ltd, a under liquidation public limited company, was established on 21 August 1986 in Mumbai, Maharashtra, India. Engaging in watches & jewelry manufacturing within the manufacturing sector, it holds CIN: L36911MH1986PLC040689. Registered under ROC Roc Mumbai. it is listed on BSE: 532715. It has an authorized capital of ₹167.25 Cr and a paid-up capital of ₹118.62 Cr.
It upholds a active non-compliant status. In 2016, it reported revenue of ₹8,614.44 Cr and a net worth of ₹2,945.51 Cr. Employing 631 professional, Its leadership includes Anil Umesh Haldipur (Director), Santanu T Ray (Irp/Rp/Liquidator), Dhanesh Vrajlal Sheth (Whole-Time Director). Past directors included Prakash Dharshibhai Shah, Vinod Anand Juneja, Anil Umesh Haldipur. It holds ₹14,264.23 Cr open charges and ₹6,139.42 Cr settled loans. Its latest AGM occurred on 28 September 2017, with the balance sheet filed on 31 March 2017. It is based at A-1, 7Th Floor, Laxmi Tower Bandra Kurla Complex, Bandra (East), Mumbai, Maharashtra, 400051.
L36911MH1986PLC040689
040689
21 August 1986
₹167.25 Cr
₹118.62 Cr
Roc Mumbai
Listed (BSE: 532715)
Under Liquidation
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anil Umesh Haldipur | Director | 11 Aug 2017 | Current |
| Santanu T Ray | Irp/Rp/Liquidator | 22 Feb 2024 | Current |
| Dhanesh Vrajlal Sheth | Whole-Time Director | 01 Aug 1990 | Current |
| Krishnan Sangameshwaran | Director | 25 Oct 2005 | Current |
| Nazura Yash Ajaney | Director | 13 Aug 2014 | Current |
| Mehul Chinubhai Choksi | Managing Director | 21 Aug 1986 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 25 Jan 2010 | Past |
| Pramod Abcsdd | Alternate Director | 07 Nov 2015 | Past |
| Pramod Abcsdd | Additional Director | 28 Sep 2017 | Past |
| Pramod Abcsdd | Director | 30 Sep 2013 | Past |
| Pramod Abcsdd | Whole-Time Director | 16 Mar 2009 | Past |
| Pramod Abcsdd | Director | 11 Aug 2017 | Past |
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Gitanjali Gems Ltd, for the financial year ended 2016, experienced significant growth in revenue, with a 19.48% increase. The company also saw a substantial improvement in profitability, with a 158.5% increase in profit. The company's net worth moved up by a moderate rise of 2.57%.
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In 2017, Gitanjali Gems had a promoter holding of 31.04% and a public holding of 68.96%. The company had 34 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹142,642,285,673.00
₹61,394,200,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Dec 2016 | Syndicate Bank | ₹40.36 Cr | Open |
| 19 Aug 2016 | Others | ₹60.00 Cr | Open |
| 29 Oct 2015 | Others | ₹109.00 Cr | Open |
| 11 Jul 2015 | Union Bank Of India | ₹21.00 Cr | Open |
| 21 May 2015 | Corporation Bank | ₹52.00 Cr | Open |
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Gitanjali Gems has a workforce of 631 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Gain comprehensive insights into the Deals and Valuation data of Gitanjali Gems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Gitanjali Gems's trajectory.
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Santanu T Ray was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 22 Feb 2024 & has been associated with this company since 1 year 9 months . was recorded as a recent event.
Gitanjali Gems Ltd last Annual general meeting of members was held on 28 Sep 2017 as per latest MCA records. was recorded as a recent event.
Progress on Anil Umesh Haldipur was appointed as a Director was appointed as a Director on 11 Aug 2017 & has been associated with this company since 8 years 3 months . was documented.
Progress on A charge with Others of Rs. 109.00 Cr registered on 29 Oct 2015 with Charge ID 10602590 was modified on 26 May 2017. was documented.
The activity Gitanjali Gems Ltd has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai. was completed.
The activity A charge with Syndicate Bank amounted to Rs. 40.36 Cr with Charge ID 100068197 was registered on 21 Dec 2016. was completed.
The company was originally admitted under the Corporate Insolvency Resolution Process (CIRP) in October 2018. It has admitted liabilities of over Rs 12,558 crore..
Creditors reject extension of the resolution process and chose to go for liquidation of Gitanjali Gems.Both Gitanjali Gems' Mehul Choksi and his nephew diamantaire Nirav Modi are absconding and are facing extradition now.
The CIN of Gitanjali Gems Ltd is L36911MH1986PLC040689.
Gitanjali Gems Ltd is headquartered at A-1, 7Th Floor, Laxmi Tower Bandra Kurla Complex, Bandra (East), Mumbai, Maharashtra, 400051.
Gitanjali Gems Ltd was incorporated on 21 August 1986.
The current directors of Gitanjali Gems Ltd are
The primary industry of Gitanjali Gems Ltd is Manufacturing.
Gitanjali Gems Ltd is listed. It is listed on BSE: 532715.
The authorized capital of Gitanjali Gems Ltd is ₹167.25 Cr, and the paid-up capital is ₹118.62 Cr.
The compliance status of Gitanjali Gems Ltd is Active Non-Compliant.
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