Luster Gold Palace (India) Private Limited

Jewelry retail showroom offering gold ornaments, precious metals, watches, and lifestyle items in Kerala.

2007 | Kozhikode, Kerala (India) | Active
Last Updated:

Luster Gold Palace (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.20 Cr
  • Paid Up Capital ₹ 9.50 M
  • Company Age 17 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 14.11 Cr
  • Satisfied Charges ₹ 8.00 Cr
  • Revenue Growth 15.37%
  • Profit Growth -26.56%
  • Ebitda -2.22%
  • Net Worth 17.51%
  • Total Assets 3.36%

About Luster Gold Palace (India)

Luster Gold Palace (India) Private Limited (LGPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 October 2007 and has a history of 17 years and six months. Its registered office is in Kozhikode, Kerala, India.

The Company is engaged in the Consumer Goods Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.20 Cr and a paid-up capital of Rs 9.50 M.

The company currently has active open charges totaling ₹14.11 Cr. The company has closed loans amounting to ₹8.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ahammed Madathumparambath, Cheriya Hussain, Hakkeem Parambil, and One other member serve as directors at the Company.

Company Details

  • Location

    Kozhikode, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52393KL2007PTC021369

  • Company No.

    021369

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Oct 2007

  • Date of AGM

    23 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Consumer Goods
Company report

Luster Gold Palace (India) Private Limited

Explore comprehensive data for Luster Gold Palace (India) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Luster Gold Palace (India)?

Board Members (4)

NameDesignationAppointment DateStatus
Cheriya Hussain Country flag representing In Director 01-Jul-2009Current
Ahammed Madathumparambath Country flag representing In Director 05-Apr-2011Current
Hakkeem Parambil Country flag representing In Director 01-Aug-2011Current
Ashmer Kandiyil Country flag representing In Director 28-Jan-2015Current

Financial Performance of Luster Gold Palace (India).

Luster Gold Palace (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.37% increase. The company also saw a substantial fall in profitability, with a 26.56% decrease in profit. The company's net worth Soared by an impressive increase of 17.51%.

Luster Gold Palace (India) revenue growth over time
Luster Gold Palace (India) profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
15.37%
Revenue from Operations
15.71%
Total Assets
3.36%
Profit or Loss
-26.56%
Net Worth
17.51%
EBITDA
-2.22%

What is the Ownership and Shareholding Structure of Luster Gold Palace (India)?

In 2023, Luster Gold Palace (India) had a promoter holding of 2.00% and a public holding of 98.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹14.11 Cr

Satisfied Charges

₹8.00 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 14.11 Cr

Latest Charge Details

DateLenderAmountStatus
08 Oct 2021Axis Bank Limited₹14.11 CrOpen
24 Apr 2017Dhanlaxmi Bank Limited₹2.00 CrSatisfied
31 Mar 2015Dhanlaxmi Bank Limited₹6.00 CrSatisfied

How Many Employees Work at Luster Gold Palace (India)?

Luster Gold Palace (India) has a workforce of 56 employees as of Apr 06, 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.

Employee growth trends for Luster Gold Palace (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Luster Gold Palace (India), 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 Luster Gold Palace (India)'s trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Luster Gold Palace (India)

Recent activity within the organization

  • Annual General Meeting

    Luster Gold Palace (India) Private Limited last Annual general meeting of members was held on 23 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Luster Gold Palace (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

  • Charges

    A charge with Axis Bank Limited of Rs. 14.11 Cr registered on 08 Oct 2021 with Charge ID 100510802 was modified on 30 Mar 2022.

  • Charges

    A charge registered on 24 Apr 2017 via Charge ID 100101490 with Dhanlaxmi Bank Limited was fully satisfied on 04 Jan 2022.

  • Charges

    A charge registered on 31 Mar 2015 via Charge ID 10565302 with Dhanlaxmi Bank Limited was fully satisfied on 04 Jan 2022.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 14.11 Cr with Charge ID 100510802 was registered on 08 Oct 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Luster Gold Palace (India) Private Limited?

    Luster Gold Palace (India) Private Limited was incorporated on 30 Oct 2007.

  • What is authorized share capital and paid-up capital of Luster Gold Palace (India) Private Limited?

    The authorized share capital of Luster Gold Palace (India) Private Limited is ₹ 1.20 Cr and paid-up capital is ₹ 9.50 M.

  • Who are the current board members & directors of Luster Gold Palace (India) Private Limited?

    Currently 4 directors are associated with Luster Gold Palace (India) Private Limited.

    • Ahammed Basheer Madathumparambath
    • Cheriya Arakkal Zakhir Hussain
    • Hakkeem Cheriya Parambil
    • Ashmer Thaver Kandiyil

  • What is the registered address of Luster Gold Palace (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Luster Gold Palace (India) Private Limited is 16/501 M Montana Estate Paingottupuram Peringolam (Po), India, Calicut, Kerala, 673571.

  • What is the corporate identification number (CIN) and company number of Luster Gold Palace (India) Private Limited?

    The corporate identification number (CIN) of Luster Gold Palace (India) Private Limited is U52393KL2007PTC021369 and the company number is 021369 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Luster Gold Palace (India) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Luster Gold Palace (India) Private Limited has risen by 15.37%.

  • How many employees does Luster Gold Palace (India) Private Limited currently have?

    As Per 2023 financial reports, 56 employees are currently employed by Luster Gold Palace (India) Private Limited.

  • What change has been observed in the net worth of Luster Gold Palace (India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Luster Gold Palace (India) Private Limited has experienced an upsurge of 17.51%.

  • What are the total open charges for Luster Gold Palace (India) Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Luster Gold Palace (India) Private Limited amount to ₹ 14.11 Cr.

  • When was the last Balance Sheet of Luster Gold Palace (India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Luster Gold Palace (India) Private Limited was filed with the ROC on 31 Mar 2024.

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