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.
Company details
Contact details
MKMG Jewel Developers Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address13/3 Second Floor Shop No. 211 Wea Karol Bagh, New Delhi, Delhi, India – 110005
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of MKMG Jewel Developers 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
Financials of MKMG Jewel Developers Private Limited
FY 2021 filings availableMKMG Jewel Developers Private Limited reported revenue of ₹4,560 (down 100% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
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
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| Total Revenue | ₹4,560 | ||||
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Financial Ratios
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To see the full financial statements and ratios of MKMG Jewel Developers Private Limited, buy the company report.
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 4 Months | As last reported |
| Bankey Bihari Goyal | Director | 13 Jan 2018 | 8 Years 9 Months | As last reported |
Peer comparison
MKMG Jewel Developers Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| 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 | |||
| Maira Jewels Private Limited | ₹5,132 (FY 2020) | New Delhi, Delhi, India | ||||
| MKMG Jewel Developers Private Limitedthis company | ₹4,560 (FY 2021) | -100.0% | New Delhi, Delhi, India |
To see the full peer comparison of MKMG Jewel Developers Private Limited, buy the company report.
Auditor
MKMG Jewel Developers Private Limited is audited by P V R N & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P V R N & CO | FY 2021 | 004062N |
Shareholding
The shareholding of MKMG Jewel Developers Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of MKMG Jewel Developers Private Limited, buy the company report.
Legal cases
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.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 1 |
| NCLAT | 5 | 5 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by M/S Jeevan Jyoti Hospital and Research Centre Pvt. Ltd. and Ors. and 3 others | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by M/S Jeevan Jyoti Hospital and Research Centre Pvt. Ltd. and Ors. and 3 others | Disposed |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed by the company against Bliss Equity Pvt Ltd | Disposed |
| District court, Central, Delhi | Civil suit | Filed against the company by Bliss Equity Pvt | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by an individual | Disposed |
To see the full case history of MKMG Jewel Developers 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 MKMG Jewel Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for MKMG Jewel Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
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.
Frequently asked questions
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 latest financial statements of MKMG Jewel Developers on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 06 September 2021. Year-wise statements from 2015 are in the company report.
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 district courts.
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, Maira Jewels Private Limited, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (metal and metal products).
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 operates in the consumer goods industry, in the watches and jewelry manufacturing segment.