MKMG Jewel Developers Private Limited
About MKMG Jewel Developers Private Limited
Data last updated:
MKMG Jewel Developers Private Limited is a private limited company based in New Delhi, Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 22 March 2012.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27205DL2012PTC233291.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Laxmi Ganpati Gold Private Limited. It is led by directors Shivam Garg and Bankey Bihari Goyal.
Its last annual general meeting (AGM) was held on 06 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 13/3 Second Floor Shop No. 211 Wea Karol Bagh, New Delhi, Delhi, India – 110005.
Court records list 12 cases involving the company, including 2 filed by the company and 10 filed against it; 1 case is pending.
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- Registered Address13/3 Second Floor Shop No. 211 Wea Karol Bagh, New Delhi, Delhi, India – 110005
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
- 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
- One PDF report, delivered after checkout
Financials of MKMG Jewel Developers Private Limited FY 2021 filings available
MKMG Jewel Developers Private Limited reported revenue of ₹4,560 (down 100% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of MKMG Jewel Developers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years. 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 MKMG Jewel Developers Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹4,560 | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 MKMG Jewel Developers Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 MKMG Jewel Developers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of MKMG Jewel Developers Private Limited
MKMG Jewel Developers Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sobha Jewellery Private Limited | ₹7,100 (FY 2023) | •••• | •••• | 137.0% | •••• | Bangalore, Karnataka, India |
| KGK Creations (Mfg) Private Limited | ₹6,918 (FY 2025) | •••• | •••• | -96.0% | •••• | Mumbai, Maharashtra, India |
| Karekar Jewels Private Limited | ₹5,791 (FY 2019) | •••• | •••• | -63.0% | •••• | Kolhapur, Maharashtra, India |
| Bolegaindia.Com Web Private Limited | ₹5,662 (FY 2024) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| Maira Jewels Private Limited | ₹5,132 (FY 2020) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| MKMG Jewel Developers Private Limited this company | ₹4,560 (FY 2021) | •••• | •••• | -100.0% | •••• | New Delhi, Delhi, India |
| JMK Jewels Private Limited | ₹4,357 (FY 2025) | •••• | •••• | -100.0% | •••• | New Delhi, Delhi, India |
| K C Gold Refinery Private Limited | ₹4,297 (FY 2025) | •••• | •••• | 5.0% | •••• | Jammu, Jammu and Kashmir, India |
| Balaji Universal Tradelink Private Limited. | ₹4,146 (FY 2025) | •••• | •••• | -100.0% | •••• | Mumbai, Maharashtra, India |
| Mudra Ceramics Private Limited | ₹3,564 (FY 2025) | •••• | •••• | 17.0% | •••• | New Delhi, Delhi, India |
| Polar Star Jewels Private Limited | ₹3,542 (FY 2024) | •••• | •••• | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below MKMG Jewel Developers by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), 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 MKMG Jewel Developers Private Limited
MKMG Jewel Developers Private Limited is audited by P V R N & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P V R N & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of MKMG Jewel Developers Private Limited
MKMG Jewel Developers has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivam Garg | Director | 23 Jun 2020 | 6 Years 3 Months | As last reported |
| Bankey Bihari Goyal | Director | 13 Jan 2018 | 8 Years 8 Months | As last reported |
Ownership and Shareholding of MKMG Jewel Developers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of MKMG Jewel Developers Private Limited
MKMG Jewel Developers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of MKMG Jewel Developers Private Limited
MKMG Jewel Developers Private Limited has 12 court cases on record: 2 filed by MKMG Jewel Developers, 10 filed against it. 1 case is pending and 11 are disposed. Status as checked between 21 Sep 2026 and 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 5 | 5 | 0 |
| District courts | 5 | 5 | 1 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Jeevan Jyoti Hospital & Research Centre Private Limited and 3 others | Disposed |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by Jeevan Jyoti Hospital & Research Centre Private Limited and 3 others | Disposed |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed by the company against Bliss Equity Private Limited | Disposed |
| District court, Central, Delhi | Civil suit | Filed against the company by Bliss Equity Pvt | Pending |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
Full case history
All 12 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at MKMG Jewel Developers Private Limited
Employment history and EPFO contributions of people linked to MKMG Jewel Developers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on MKMG Jewel Developers Private Limited
MKMG Jewel Developers Private Limited has 7 board changes on record since 2018: 2 appointments and 5 cessations. The latest: Shivam Garg ceased to be Additional Director on 31 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for MKMG Jewel Developers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by MKMG Jewel Developers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of MKMG Jewel Developers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of MKMG Jewel Developers Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of MKMG Jewel Developers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about MKMG Jewel Developers Private Limited
MKMG Jewel Developers is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
MKMG Jewel Developers is a company under insolvency, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 22 March 2012 and is registered under CIN U27205DL2012PTC233291. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
MKMG Jewel Developers has 2 current directors:
- Shivam Garg - Director
- Bankey Bihari Goyal - Director
The CIN (Corporate Identification Number) of MKMG Jewel Developers is U27205DL2012PTC233291. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MKMG Jewel Developers has 12 court cases on record: 2 filed by the company and 10 filed against it. 1 is pending. Most are in the nclat.
MKMG Jewel Developers was incorporated on 22 March 2012. It is registered with the Registrar of Companies, Delhi.
The peers of MKMG Jewel Developers by revenue are Sobha Jewellery Private Limited, KGK Creations (Mfg) Private Limited, Karekar Jewels Private Limited, Bolegaindia.Com Web Private Limited, Maira Jewels Private Limited and 5 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers).
Shivam Garg ceased to be Additional Director on 31 Dec 2020. Shivam Garg was appointed as Director on 23 Jun 2020. Bankey Bihari Goyal ceased to be Additional Director on 29 Sep 2018. MKMG Jewel Developers has 7 board changes on record in total.
The registered office of MKMG Jewel Developers is at 133 Second Floor Shop No. 211 Wea Karol Bagh, New Delhi, Delhi, India – 110005.
MKMG Jewel Developers has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
MKMG Jewel Developers operates in the consumer goods industry, in the watches and jewelry manufacturing segment.