MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0143856
Mithali Gold Private Limited
Mithali Gold Private Limited - consumer goods in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹8.03 Cr
▲ 41% YoY
Net profit · FY 2024
₹17.59 Lakh
Net margin 2.2%
EBITDA · FY 2024
₹74.38 Lakh
EBITDA margin 9.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹6.45 Lakh
Issued & subscribed
Open charges
₹1.49 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Directors on board
3
As per MCA filings
About Mithali Gold Private Limited
Data last updated:
Mithali Gold Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 03 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36931MH2014PTC252779. Its GSTIN is 27AAJCM1012C1Z3 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.45 Lakh. It is led by directors including Karan Singh Tejsingh Rao and Rekhakuwar Karansingh Rao.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shop No. 11 Plot No. 93 Mahavir Bhakti Sector – 15 Koperkhairane, Navi Mumbai, Maharashtra, India – 400709.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.03 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹17.59 Lakh (net margin 2.2%) and EBITDA of ₹74.38 Lakh (EBITDA margin 9.3%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years and 20% over five years.
As per MCA filings, the company has open charges of ₹1.49 Cr on record.
Mithali Gold Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0143856). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Mithali Gold Private Limited
CIN U36931MH2014PTC252779
Registration Number 252779
Incorporation Date 03 February 2014
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0143856
Key People
Karan Singh Tejsingh Rao Director Rekhakuwar Karansingh Rao Director Nirmalakunwar Hemant Singh Director Recognitions & Rankings of Mithali Gold
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressShop No. 11 Plot No. 93 Mahavir Bhakti Sector – 15 Koperkhairane, Navi Mumbai, Maharashtra, India – 400709
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
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Business Activity of Mithali Gold Private Limited
The main business activity of Mithali Gold is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Mithali Gold Private Limited FY 2024 filings available
Mithali Gold Private Limited reported revenue of ₹8.03 Cr (up 41% YoY) for FY 2024.
Revenue · FY 2024
₹8.03 Cr ▲ 41%
Net profit · FY 2024
₹17.59 Lakh margin 2.2%
EBITDA · FY 2024
₹74.38 Lakh margin 9.3%
Compounded Annual Growth Rate (CAGR) of Mithali Gold Private Limited
Revenue CAGR growth
1 year
▲ 41%
3 years · compounded
▲ 59%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 20%
5 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 41% growth in the latest year. EBITDA fell 10% 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 of Mithali Gold Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹74.38 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹17.59 Lakh | •••• | •••• | •••• | •••• |
| 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 of Mithali Gold Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mithali Gold are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of Mithali Gold Private Limited
Mithali Gold has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karan Singh Tejsingh Rao Also directs: Sriarjan India Nidhi Limited | Director | 03 Feb 2014 | 12 Years 8 Months | Current |
| Rekhakuwar Karansingh Rao | Director | 08 Apr 2015 | 11 Years 6 Months | Current |
| Nirmalakunwar Hemant Singh | Director | 01 Mar 2014 | 12 Years 7 Months | Current |
Peer Comparison of Mithali Gold Private Limited
Mithali Gold Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Roopali Creation Private Limited | ₹8.13 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Mumbai, Maharashtra, India |
| Eclat Diamonds Private Limited | ₹8.1 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Challani Gold Jewels Private Limited | ₹8.08 Cr (FY 2025) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| DC Diamond Constellation Private Limited | ₹8.05 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| Musaddilal Gems and Jewels (India) Private Limited | ₹8.04 Cr (FY 2025) | •••• | •••• | 54.0% | •••• | Hyderabad, Telangana, India |
| Mithali Gold Private Limited this company | ₹8.03 Cr (FY 2024) | •••• | •••• | 41.0% | •••• | Navi Mumbai, Maharashtra, India |
| Sarodhir Gems Private Limited | ₹8.02 Cr (FY 2025) | •••• | •••• | -47.0% | •••• | Surat, Gujarat, India |
| Covalian Trading Private Limited | ₹8 Cr (FY 2024) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Japs Multiventures Private Limited | ₹8 Cr (FY 2025) | •••• | •••• | 821.0% | •••• | Muktsar, Punjab, India |
| Rampuria Enterprises Private Limited | ₹7.98 Cr (FY 2025) | •••• | •••• | 89.0% | •••• | Bikaner, Rajasthan, India |
| Amulraj Jewellers Private Limited | ₹7.96 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Nilakottai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Mithali Gold by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mithali Gold Private Limited
Mithali Gold Private Limited is audited by VIMAL OSTWAL for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VIMAL OSTWAL | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Mithali Gold Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Verified entity values are shown only after access is granted.
Charges & Borrowings of Mithali Gold Private Limited
Open charges
₹1.49 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 May 2023 | Hdfc Bank Limited | ₹14 Lakh | Open |
| 30 Sep 2020 | Others | ₹1.35 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Mithali Gold Private Limited
Employment history and EPFO contributions of people linked to Mithali Gold.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Mithali Gold Private Limited
Mithali Gold Private Limited has 8 board changes on record since 2014: 3 appointments and 5 cessations. The latest: Anusuya Arjunsingh Sisodaya ceased to be Director on 07 Feb 2024.
AGM
Mithali Gold Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mithali Gold Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Anusuya Arjunsingh Sisodaya ceased to be Director.
Ceased
Arjunsingh Chagansingh Sisodiya ceased to be Director.
Ceased
Bhopalsingh Chaggansingh Sisodiya ceased to be Director.
Charges
A charge with Others of Rs. 135.00 Lakh registered on 30 Sep 2020 with Charge ID 100389765 was modified on 15 Jan 2024.
Ceased
Moolsingh Baghsingh Dulawat ceased to be Director.
Ceased
Nandkunwar Moolsingh Dulawat ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 14.00 Lakh with Charge ID 100745681 was registered on 02 May 2023.
Charges
A charge with Others amounted to Rs. 135.00 Lakh with Charge ID 100389765 was registered on 30 Sep 2020.
Appointed
Rekhakuwar Karansingh Rao was appointed as Director.
Appointed
Nirmalakunwar Hemant Singh was appointed as Director.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mithali Gold Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Mithali Gold Private Limited
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Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Mithali Gold Private Limited
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Corporate group structure
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GST Compliance of Mithali Gold Private Limited
Mithali Gold has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCM1012C1Z3 | Maharashtra | Active | 01 Jul 2017 |
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MCA Filings & Documents of Mithali Gold Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Mithali Gold Private Limited
Mithali Gold is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 03 February 2014 (12+ years old) and is registered under CIN U36931MH2014PTC252779.
Mithali Gold reported revenue of ₹8.03 Cr for FY 2024 (up 41% YoY).
Mithali Gold has 3 current directors:
- Karan Singh Tejsingh Rao - Director
- Rekhakuwar Karansingh Rao - Director
- Nirmalakunwar Hemant Singh - Director
Mithali Gold reported a net profit of ₹17.59 Lakh (net margin 2.2%) and EBITDA of ₹74.38 Lakh (EBITDA margin 9.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mithali Gold is 59% over three years and 20% over five years. In the latest year (FY 2024) revenue rose 41%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mithali Gold is 27AAJCM1012C1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mithali Gold is U36931MH2014PTC252779. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mithali Gold was incorporated on 03 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mithali Gold by revenue are Roopali Creation Private Limited, Eclat Diamonds Private Limited, Challani Gold Jewels Private Limited, DC Diamond Constellation Private Limited, Musaddilal Gems and Jewels (India) Private Limited and 5 more, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution).
Anusuya Arjunsingh Sisodaya ceased to be Director on 07 Feb 2024. Arjunsingh Chagansingh Sisodiya ceased to be Director on 07 Feb 2024. Bhopalsingh Chaggansingh Sisodiya ceased to be Director on 07 Feb 2024. Mithali Gold has 8 board changes on record in total.
Yes, Mithali Gold is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0143856).