MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0205982
Intercarat Jewelry Private Limited
Intercarat Jewelry Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹580
▼ 100% YoY
Authorised capital
₹12.5 Cr
Registered with MCA
Paid-up capital
₹12.43 Cr
Issued & subscribed
Open charges
₹40.1 Cr
Satisfied ₹60.79 Lakh
Company age
23 yrs
Est. 2003
Directors on board
1
As per MCA filings
Active GSTINs
1
GST registered
Last financials
Mar 2023
Balance sheet date
About Intercarat Jewelry Private Limited
Data last updated:
Intercarat Jewelry Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 07 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36911MH2003PTC140342. Its GSTIN is 27AABCI1023K1ZV (Maharashtra).
The company has an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹12.43 Cr. It is led by director Majid Algouneh.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per MCA filings, the company has open charges of ₹40.1 Cr and satisfied charges of ₹60.79 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it.
Intercarat Jewelry Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0205982). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN U36911MH2003PTC140342
Registration Number 140342
Incorporation Date 07 May 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0205982
Key People
Majid Algouneh Director Recognitions & Rankings of Intercarat Jewelry
Contact details
Intercarat Jewelry Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressGala No. E – 71 1st Floor Azad Seva Chawl Kranti Nagar Akurli Road Kandivali (Ea, St), Mumbai, Maharashtra, India – 400101
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Intercarat Jewelry Private Limited, buy the company report.
Comprehensive company report
Intercarat Jewelry Private Limited - one report that includes everything
- 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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Financials of Intercarat Jewelry Private Limited
FY 2023 filings availableIntercarat Jewelry Private Limited reported revenue of ₹580 (down 100% YoY) for FY 2023.
Revenue · FY 2023
₹580 ▼ 100%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▼ 94%
5 years · compounded
▼ 54%
Revenue has declined at a compounded annual rate (CAGR) of 54% over five years. 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
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Financial Ratios
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To see the full financial statements and ratios of Intercarat Jewelry Private Limited, buy the company report.
Board of directors of Intercarat Jewelry Private Limited
Intercarat Jewelry has 1 current director and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Majid Algouneh Also directs: Hammer Plus Jewellery Private Limited | Director | 31 Mar 2024 | 2 Years 7 Months | Current |
Peer comparison
Intercarat Jewelry Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), 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 |
|---|---|---|---|---|---|---|
| Intercarat Jewelry Private Limitedthis company | ₹580 (FY 2023) | -100.0% | Mumbai, Maharashtra, India | |||
| Arman Gems Private Limited | ₹528 (FY 2020) | -78.0% | Mumbai, Maharashtra, India | |||
| Gagalbhai Trading Private Limited | ₹286 (FY 2025) | -95.0% | Mumbai, Maharashtra, India | |||
| Astro Jewels Private Limited | ₹180 (FY 2025) | -100.0% | New Delhi, Delhi, India | |||
| Perkarat Private Limited | ₹170 (FY 2025) | -92.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Intercarat Jewelry Private Limited, buy the company report.
Auditor
Intercarat Jewelry Private Limited is audited by VINOD S MEHTA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINOD S MEHTA & CO | FY 2022 | 111524W |
Shareholding
The shareholding of Intercarat Jewelry Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Intercarat Jewelry Private Limited, buy the company report.
Charges & borrowings
Open charges
₹40.1 Cr
Satisfied charges
₹60.79 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Aug 2013 | 10451758 | Corporation Bank | ₹2.5 Cr | Open | |
| 16 Oct 2012 | 10381805 | Corporation Bank | ₹2.5 Cr | Open | |
| 12 Feb 2004 | 90144968 | Corporation Bank | ₹35.1 Cr | Open | |
| 27 Nov 2010 | 10300364 | Kotak Mahindra Prime Limited | ₹20.05 Lakh | Satisfied | |
| 10 Nov 2010 | 10302046 | Kotak Mahindra Prime Limited | ₹8.9 Lakh | Satisfied |
To see the full charge records of Intercarat Jewelry Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Intercarat Jewelry Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Comp ULP) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Condn of Delay-ULP) | Filed against the company by an individual | Disposed |
To see the full case history of Intercarat Jewelry 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 Intercarat Jewelry Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Intercarat Jewelry has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI1023K1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Intercarat Jewelry Private Limited, buy the company report.
Recent activity
Intercarat Jewelry Private Limited has 12 board changes on record since 2012: 1 appointment and 11 cessations. The latest: Deepak Chhotubhai Champaneri ceased to be Director on 31 Mar 2024.
Ceased
Deepak Chhotubhai Champaneri ceased to be Director.
Appointed
Majid Algouneh was appointed as Director.
Ceased
Mehulkumar Mahendrakumar Shah ceased to be Director.
AGM
Intercarat Jewelry Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Intercarat Jewelry Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai I.
Ceased
Majid Algouneh ceased to be Director.
Ceased
Priti Mehta ceased to be Director.
Ceased
Shrenik Pravinchandra Shah ceased to be Director.
Ceased
Ramesh Khanna ceased to be Director.
Ceased
Narayan Srinivas Dikshit ceased to be Director.
Charges
A charge registered on 25 Oct 2010 via Charge ID 10300404 with Kotak Mahindra Prime Limited was fully satisfied on 27 Apr 2015.
Ceased
Harshad Ramniklal Mehta ceased to be Director.
23 earlier events are in the company report.
Frequently asked questions
Intercarat Jewelry is an active private limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 07 May 2003 (23+ years old) and is registered under CIN U36911MH2003PTC140342.
Intercarat Jewelry has 1 current director:
- Majid Algouneh - Director
The latest financial statements of Intercarat Jewelry on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Intercarat Jewelry is 27AABCI1023K1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Intercarat Jewelry is U36911MH2003PTC140342. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Intercarat Jewelry has 2 court cases on record: 2 filed against it.
Intercarat Jewelry was incorporated on 07 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Intercarat Jewelry by revenue are Arman Gems Private Limited, Gagalbhai Trading Private Limited, Astro Jewels Private Limited, Perkarat Private Limited, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (wholesale trading).
Deepak Chhotubhai Champaneri ceased to be Director on 31 Mar 2024. Majid Algouneh was appointed as Director on 31 Mar 2024. Mehulkumar Mahendrakumar Shah ceased to be Director on 31 Mar 2024. Intercarat Jewelry has 12 board changes on record in total.
Yes, Intercarat Jewelry is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0205982).
The registered office of Intercarat Jewelry is at Gala No. E – 71 1st Floor Azad Seva Chawl Kranti Nagar Akurli Road Kandivali Ea, St, Mumbai, Maharashtra, India – 400101.
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