- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0070050

Master Gold Private Limited
About Master Gold Private Limited
Data last updated:
Master Gold Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 16 April 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH1998PTC114488. Its GSTIN is 27AABCM1166D1ZU (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹99.99 Lakh. It is led by directors Purnima Ashok Kothari and Ashok Sardarmal Kothari.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 404/4th Narayan Udyog Bhavanlalbaug Industrial Estate Lalbaug, Mumbai, Maharashtra, India – 400012.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.11 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹1.7 Lakh (net margin 1.5%) and EBITDA of ₹40.34 Lakh (EBITDA margin 36.4%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 69% over five years.
Court records list 11 cases involving the company, including 9 filed by the company and 2 filed against it; 4 cases are pending.
Master Gold Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0070050). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Master Gold has one previous CIN (Corporate Identification Number): U36911MH1998PTC114488. The current CIN is U74110MH1998PTC114488, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH1998PTC114488 | Current |
| U36911MH1998PTC114488 | Previous |
Recognitions & Rankings of Master Gold
Contact details
Master Gold Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address404/4th Narayan Udyog Bhavanlalbaug Industrial Estate Lalbaug, Mumbai, Maharashtra, India – 400012
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Master Gold Private Limited, buy the company report.
- 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
Business activity
The main business activity of Master Gold is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Master Gold Private Limited, buy the company report.
Financials of Master Gold Private Limited
FY 2025 filings availableMaster Gold Private Limited reported revenue of ₹1.11 Cr (down 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 69%. EBITDA rose 2% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹40.34 Lakh | ||||
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| Net Profit (PAT) | ₹1.7 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 36.4% | ||||
| Net Profit Margin | 1.5% | ||||
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To see the full financial statements and ratios of Master Gold Private Limited, buy the company report.
Board of directors of Master Gold Private Limited
Master Gold has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Purnima Ashok Kothari | Director | 16 Apr 1998 | 28 Years 6 Months | Current |
| Ashok Sardarmal Kothari | Director | 16 Apr 1998 | 28 Years 6 Months | Current |
Auditor
Master Gold Private Limited is audited by JAIN KISHOR & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN KISHOR & CO | FY 2020 | 103921W |
Shareholding
The shareholding of Master Gold Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Master Gold Private Limited, buy the company report.
Legal cases
Master Gold Private Limited has 11 court cases on record: 9 filed by Master Gold, 2 filed against it. 4 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 2 | 4 |
| District courts | 5 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Interim or miscellaneous application | Filed against the company by Kalindi Developers Pvt Ltd | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Vighnaharta Builders and Projects Pvt Ltd and 2 Ors | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Vighnaharta Builders and Projects Pvt Ltd and 2 Ors and 1 other | Pending |
| Bombay High Court | Commercial suit | Filed by the company against Vighnaharta Builders and Projects Pvt Ltd and 2 Ors and 1 other | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Ruby Jewels Pvt Ltd and 1 other | Disposed |
To see the full case history of Master Gold 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 Master Gold Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Master Gold has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM1166D1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Master Gold Private Limited, buy the company report.
Recent activity
Master Gold Private Limited has 2 board changes on record since 1998: 2 appointments. The latest: Ashok Sardarmal Kothari was appointed as Director on 16 Apr 1998.
Frequently asked questions
Master Gold is an active private limited company based in Mumbai, Maharashtra, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 16 April 1998 (28+ years old) and is registered under CIN U74110MH1998PTC114488.
Master Gold has 2 current directors:
- Purnima Ashok Kothari - Director
- Ashok Sardarmal Kothari - Director
The latest financial statements of Master Gold on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Master Gold is 27AABCM1166D1ZU, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Master Gold is U74110MH1998PTC114488. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Master Gold has 11 court cases on record: 9 filed by the company and 2 filed against it. 4 are pending. Most are in the high courts.
Master Gold was incorporated on 16 April 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashok Sardarmal Kothari was appointed as Director on 16 Apr 1998. Purnima Ashok Kothari was appointed as Director on 16 Apr 1998.
Yes, Master Gold is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0070050).
The registered office of Master Gold is at 4044th Narayan Udyog Bhavanlalbaug Industrial Estate Lalbaug, Mumbai, Maharashtra, India – 400012.