About Mehta Gold Private Limited
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Mehta Gold Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 11 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51109KA2011PTC058098. Its GSTIN is 29AAHCM4056E1ZF (Karnataka). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.86 Cr. It is led by directors including Sandeep Mehta and Anita Kumari Mehta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,502.36 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹31.38 Cr (net margin 2.1%) and EBITDA of ₹45.9 Cr (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 33% over five years.
The company has about 83 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mehta Gold. As per MCA filings, the company has open charges of ₹128.1 Cr and satisfied charges of ₹14.75 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending. The company has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹19.57 Cr; the latest was in January 2025. Its 4 peer companies in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 2 larger and 2 smaller; the largest is Hari Prasad Gopi Krishna Saraf Private Limited with revenue of ₹1,674.12 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mehtagold.com.
Company details
Contact details
Mehta Gold Private Limited's registered office is in Bangalore, Karnataka. Its website is mehtagold.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 969 ‘Mehta Tower’ Sherkhan Lane Shree Dharmarayaswamy Temple Road Naga, Rthpet, Bangalore, Karnataka, India – 560002
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Mehta 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
Brands
Mehta Gold operates one associated brand: Mehta Gold. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Gold jewellery manufacturing and wholesaling by Mehta Gold in Bengaluru. | mehtagold.com |
Business activity
The main business activity of Mehta 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 Mehta Gold Private Limited, buy the company report.
Financials of Mehta Gold Private Limited
FY 2025 filings availableMehta Gold Private Limited reported revenue of ₹1,502.36 Cr (up 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 45% growth in the latest year. EBITDA rose 55% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1,502.36 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹45.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹31.38 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | 2.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Mehta Gold Private Limited, buy the company report.
Board of directors of Mehta Gold Private Limited
Mehta Gold has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Mehta Also directs: Ruhh Lifestyle Private Limited | Director | 11 Apr 2011 | 15 Years 6 Months | Current |
| Anita Kumari Mehta Also directs: Ruhh Lifestyle Private Limited | Director | 11 Apr 2011 | 15 Years 6 Months | Current |
| Sohanraj Devichand Mehta | Director | 11 Apr 2011 | 15 Years 6 Months | Current |
Peer comparison
Mehta Gold 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 (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hari Prasad Gopi Krishna Saraf Private Limited | ₹1,674.12 Cr (FY 2025) | 20.0% | Gorakhpur, Uttar Pradesh, India | |||
| Jasani India Private Limited | ₹1,672.6 Cr (FY 2025) | -12.0% | Mumbai, Maharashtra, India | |||
| Mehta Gold Private Limitedthis company | ₹1,502.36 Cr (FY 2025) | ₹31.38 Cr | 2.1% | 45.0% | 83 | Bangalore, Karnataka, India |
| HVK International Private Limited | ₹1,477.1 Cr (FY 2025) | -34.0% | Mumbai, Maharashtra, India | |||
| Shringar House of Mangalsutra Limited | ₹1,430.12 Cr (FY 2025) | 148.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Mehta Gold Private Limited, buy the company report.
Auditor
Mehta Gold Private Limited is audited by Roshan Mansoor & Co for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Roshan Mansoor & Co | FY 2024 | 013607S |
Shareholding
The shareholding of Mehta Gold Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mehta Gold Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2024 | 100971139 | Others | ₹18.5 Cr | Open | |
| 31 May 2024 | 100941897 | Others | ₹34 Cr | Open | |
| 26 Oct 2021 | 100502917 | Hdfc Bank Limited | ₹45 Cr | Open | |
| 05 Sep 2017 | 100137819 | Others | ₹30.6 Cr | Open | |
| 14 Jun 2016 | 100055907 | Hdfc Bank Limited | ₹10.5 Cr | Satisfied |
To see the full charge records of Mehta Gold Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Mehta Gold Private Limited has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹19.57 Cr; the latest was in January 2025.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2025 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Hussain Murad Fashion Llc, Divyam Enterprises Private Limited |
| Nov 2024 | Secondary share transfer | Undisclosed | Seller: an individual |
| Mar 2023 | Funding round | ₹1.25 Cr | Investors: an individual |
| Jul 2015 | Funding round | ₹12 Cr | Investors: Microcon International Private Limited, Divyam Enterprises Private Limited , Evolving International Trading Private Limited |
| Apr 2015 | Funding round | ₹1.62 Cr | Investors: Hussain Murad Fashion Llc, 3 individuals |
To see the full deal history of Mehta Gold Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mehta Gold Private Limited has 4 court cases on record: 3 filed by Mehta Gold, 1 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
| High courts | 2 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Pending |
| District court, BENGALURU, Karnataka | Court case (CRL.R.P.) | Filed against the company | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Commissioner of Income Tax (Appeals) - 4 | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against individuals | Disposed |
To see the full case history of Mehta 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.
Credit ratings & regulatory alerts
Mehta Gold Private Limited was last rated by Crisil on 31 Aug 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 31 Aug 2019 |
To see the full credit ratings and regulatory alerts of Mehta Gold Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mehta Gold Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mehta Gold Private Limited has a workforce of 83 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Mehta Gold has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCM4056E1ZF | Karnataka | Active | 01 Jul 2017 |
| 27AAHCM4056E1ZJ | Maharashtra | Active | 01 Jul 2017 |
| 33AAHCM4056E1ZQ | Tamil Nadu | Active | 06 Oct 2017 |
| 07AAHCM4056E1ZL | Delhi | Active | 31 Oct 2022 |
To see the full GST registrations and return filing status of Mehta Gold Private Limited, buy the company report.
Recent activity
Mehta Gold Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Anita Kumari Mehta was appointed as Director on 11 Apr 2011.
6 earlier events are in the company report.
Frequently asked questions
Mehta Gold is an active private limited company based in Bangalore, Karnataka, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 11 April 2011 (15+ years old) and is registered under CIN U51109KA2011PTC058098.
Mehta Gold has 3 current directors:
- Sandeep Mehta - Director
- Anita Kumari Mehta - Director
- Sohanraj Devichand Mehta - Director
The latest financial statements of Mehta Gold on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mehta Gold is 29AAHCM4056E1ZF, registered in Karnataka. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAHCM4056E1ZJ (Maharashtra), 33AAHCM4056E1ZQ (Tamil Nadu), 07AAHCM4056E1ZL (Delhi).
The CIN (Corporate Identification Number) of Mehta Gold is U51109KA2011PTC058098. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mehta Gold has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Mehta Gold was incorporated on 11 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Mehta Gold has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹19.57 Cr; the latest was in January 2025.
The peers of Mehta Gold by revenue are Hari Prasad Gopi Krishna Saraf Private Limited, Jasani India Private Limited, HVK International Private Limited, Shringar House of Mangalsutra Limited, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Anita Kumari Mehta was appointed as Director on 11 Apr 2011. Sandeep Mehta was appointed as Director on 11 Apr 2011. Sohanraj Devichand Mehta was appointed as Director on 11 Apr 2011.
Mehta Gold can be reached through the website mehtagold.com. Its registered office is in Bangalore, Karnataka, India.
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