About MMTC Gitanjali Limited
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MMTC Gitanjali Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Gitanjali Gems Ltd. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 31 October 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2008PLC187891. The company has 7 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹11.49 Cr. It was formerly known as Mmtc Gitanjali Private Limited. It is led by directors including Mahesh Narayan Karamchandani (Managing Director) and Aniyath Shivraman Nair.
Its last annual general meeting (AGM) was held on 26 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at B/6 1st Floor Laxmi Tower Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2016, the company reported a revenue of ₹28.36 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.18 Cr (net margin -7.7%) and EBITDA of -₹2.33 Cr (EBITDA margin -8.2%).
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹30 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website gitanjaligroup.com.
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- Registered AddressB/6 1st Floor Laxmi Tower Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
- 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
CIN History of MMTC Gitanjali Limited
MMTC Gitanjali has one previous CIN (Corporate Identification Number): U74999MH2008PTC187891. The current CIN is U74999MH2008PLC187891, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH2008PLC187891 | Current |
| U74999MH2008PTC187891 | Previous |
Business Activity of MMTC Gitanjali Limited
The main business activity of MMTC Gitanjali is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of MMTC Gitanjali Limited
MMTC Gitanjali Limited is audited by U. G. Devi & Company for the financial year 2015.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| U. G. Devi & Company | 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 MMTC Gitanjali Limited
MMTC Gitanjali has 7 current directors and 36 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramachandran Panchapakesan | Additional Director | 07 Dec 2017 | 8 Years 9 Months | Current |
| Vijay Kumar Gupta | Additional Director | 07 Dec 2017 | 8 Years 9 Months | Current |
| Aniyath Shivraman Nair Also directs: Gitanjali Jewellery Retail Limited, Gitanjali Infratech Limited, Rohan Mercantile Private Limited and 5 more | Director | 31 Mar 2012 | 14 Years 6 Months | Current |
| Dhanesh Vrajlal Sheth Also directs: Gitanjali Gold and Precious LLP, Gitanjali Realtors LLP, Mast Jewellery Distributions LLP and 5 more | Director | 21 Dec 2012 | 13 Years 9 Months | Current |
| Milind Anant Limaye Also directs: Bezel Jewellery (India) Private Limited, Maya Retail Limited, Hyderabad Gems Sez Limited and 4 more | Director | 14 May 2014 | 12 Years 4 Months | Current |
| Mahesh Narayan Karamchandani | Managing Director | 09 Nov 2017 | 8 Years 10 Months | Current |
Financials of MMTC Gitanjali Limited FY 2017 filings available
MMTC Gitanjali Limited reported revenue of ₹28.36 Cr (up 153% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of MMTC Gitanjali Limited
Revenue rose 153% in the latest year. EBITDA fell 170% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of MMTC Gitanjali Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| 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 | -₹2.33 Cr | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹2.18 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 of MMTC Gitanjali Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -8.2% | •••• |
| Net Profit Margin | -7.7% | •••• |
| 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 MMTC Gitanjali 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.
Ownership and Shareholding of MMTC Gitanjali 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 MMTC Gitanjali Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 May 2009 | State Bank of Hyderabad | ₹30 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at MMTC Gitanjali Limited
MMTC Gitanjali Limited has a workforce of 6 employees as of Apr 01, 2024.
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.
GST Compliance of MMTC Gitanjali Limited
MMTC Gitanjali has 7 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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.
Credit Ratings, Litigation & Regulatory Alerts for MMTC Gitanjali 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 MMTC Gitanjali 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 MMTC Gitanjali 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.
MCA Filings & Documents of MMTC Gitanjali 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.
Recent Activity on MMTC Gitanjali Limited
Recent News on MMTC Gitanjali Limited
Frequently Asked Questions about MMTC Gitanjali Limited
MMTC Gitanjali is an active public 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 31 October 2008 (18+ years old) and is registered under CIN U74999MH2008PLC187891.
MMTC Gitanjali reported revenue of ₹28.36 Cr for FY 2016 (up 153% YoY).
MMTC Gitanjali has 7 current directors:
- Mahesh Narayan Karamchandani - Managing Director
- Ramachandran Panchapakesan - Additional Director
- Vijay Kumar Gupta - Additional Director
- Aniyath Shivraman Nair - Director
- Dhanesh Vrajlal Sheth - Director
- Milind Anant Limaye - Director
- Mehul Chinubhai Choksi - Director
MMTC Gitanjali reported a net loss of ₹2.18 Cr (net margin -7.7%) and EBITDA of -₹2.33 Cr (EBITDA margin -8.2%) for FY 2016, as per its filed financial statements.
No. MMTC Gitanjali has 7 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of MMTC Gitanjali is U74999MH2008PLC187891. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MMTC Gitanjali was incorporated on 31 October 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
MMTC Gitanjali can be reached through the website gitanjaligroup.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of MMTC Gitanjali is at B6 1st Floor Laxmi Tower Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.