About
Basic Data Updated:
7 days agoThe jewellery retail showroom in Calicut, Kerala is operated by Malabar Gold Palace Private Limited, as stated in its credit rating report. This company, which manufactures gold and diamond jewellery, is the flagship of the renowned Malabar group based in Kerala. Mr. M P Ahammed and his family and friends are the promoters of this company. With 21 retail showrooms spread across India, MGPPL has established itself as a leading player in the jewellery industry. In addition to this, the company also serves as a franchisor for all other showrooms under the Malabar group, providing them with jewellery designing and manufacturing services. While the Malabar group has retail operations in 10 countries, these are managed separately. The company was incorporated in 2005 and its registered office i... Read More
Industry
Company Details
- Location
Kozhikode, Kerala, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
| CIN/LLPIN/FCRN | U52393KL2005PTC018265 |
| Company No. | 018265 |
| Company Classification | Private Limited Indian Non-Government Company |
| Incorporation Date | 07 Jun 2005 |
| Date of AGM | 16 Sep 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Ernakulam |
Financials of Malabar Gold Palace Private Limited
Malabar Gold Palace Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.26% increase. The company also saw a substantial fall in profitability, with a 14.02% decrease in profit. The company's net worth Soared by an impressive increase of 16.9%.
Enhance accessibility to Malabar Gold Palace's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.
Corporate Structure
Unlock access to Malabar Gold Palace's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Malabar Gold Palace Private Limited
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Executive Team (1)
KV
Kandambath Veerankutty
Managing DirectorAppointment Date: 07-Jun-2005
Status: Current
Board Members(10)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 03 Jul 2023 | ₹1.86 M | Open |
Hdfc Bank Limited Creation Date: 07 Jun 2022 | ₹175.80 Cr | Open |
Hdfc Bank Limited Creation Date: 23 Nov 2017 | ₹106.90 Cr | Open |
Deals i
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Rating
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Alert
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Recent activity within the organization
Charges
A charge with Hdfc Bank Limited of Rs. 419.00 cr registered on 11 Oct 2013 with Charge ID 10461419 was modified on 07 Nov 2023.
07 Nov 2023Annual General Meeting
Malabar Gold Palace Private Limited last Annual general meeting of members was held on 16 Sep 2023 as per latest MCA records.
16 Sep 2023Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.19 cr with Charge ID 100750764 was registered on 03 Jul 2023.
03 Jul 2023Charges
A charge with Hdfc Bank Limited of Rs. 106.90 cr registered on 23 Nov 2017 with Charge ID 100141505 was modified on 26 Apr 2023.
26 Apr 2023Balance Sheet
Malabar Gold Palace Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.
31 Mar 2023
Recent News, Updates & Announcement
Malabar Gold opens its first store in Saundh.Fashion Network 19 Sep 2023
- Malabar Group Headquarters M HQ wins the Forbes India Design Awards 2019.
Uaenews247 14 Apr 2019
- Malabar Gold eyes Hong Kong as part of expansion plan.
Inside Retail 04 Dec 2018
- Malabar Gold Diamonds enters USA with Chicago store.
Fashion Network 21 Nov 2018
- Malabar Gold Expects Boost in Sales with GST Plans to Open 80 New Stores Worth Rs 2000 Crore Across the Globe.
Expecting better sales after GST Malabar Gold plans to open 80 new stores worth Rs 2000 crore 75 will be debt 25 from own money 40 stores in Gulf 10 in Sri Lanka Hong Kong and Singapore 30 in India Revenue of Rs 26000 crore in 2017 plans to invest Rs 10000 crore in real estate Hiring 1000 professionals Expects 1020 sales increase with lower taxes Wants govt to stop unofficial sales Sells only with bill and certified jewellery Top 5 retailer globally 11 manufacturing units More units under consideration.
Deccan Chronicle 18 Jun 2017
Frequently asked questions
What is the Incorporation or founding date of Malabar Gold Palace Private Limited?
