Nakshatra World Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U01100MH1995PLC095425 Incorporated 18 December 1995 ROC Mumbai HQ Mumbai, Maharashtra, India
Under Liquidation Public Limited Company consumer goods
Data last updated
Revenue · FY 2016
₹1,502.86 Cr
▲ 33% YoY
Net profit · FY 2016
₹79.65 Cr
Net margin 5.3%
EBITDA · FY 2016
₹288.1 Cr
EBITDA margin 19.2%
Authorised capital
₹80 Cr
Registered with MCA
Paid-up capital
₹43.73 Cr
Issued & subscribed
Open charges
₹443.5 Cr
Satisfied ₹225 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
115
Provident fund records

About Nakshatra World Limited

Data last updated:

Nakshatra World Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Gitanjali Gems Ltd. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 18 December 1995.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01100MH1995PLC095425. Its GSTIN is 19AAACG2896B1ZN (West Bengal). The company holds 8 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹80 Cr and a paid-up capital of ₹43.73 Cr. It was formerly known as Gitanjali Brands Limited and Fantasy Jewellery Private Limited. It is led by directors including Mehul Chinubhai Choksi (Managing Director) and Anil Umesh Haldipur.

Its last annual general meeting (AGM) was held on 04 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at A – 1 7th Floor Laxmi Towers Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.

As per the financials filed for FY 2016, the company reported a revenue of ₹1,502.86 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹79.65 Cr (net margin 5.3%) and EBITDA of ₹288.1 Cr (EBITDA margin 19.2%).

The company has about 115 employees on its provident fund (EPFO) records. Its group structure includes 6 subsidiaries.

As per MCA filings, the company has open charges of ₹443.5 Cr and satisfied charges of ₹225 Cr on record. Court records list 59 cases involving the company, including 39 filed by the company and 11 filed against it; 7 cases are pending. The company has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹205.13 Cr; the latest was in September 2016. Its 10 peer companies in the Consumer Products industry (Watches and Jewellery Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Hari Krishna Exports Private Limited with revenue of ₹7,740.85 Cr.

The last known website on record is nakshatra.world.

Company Details of Nakshatra World Limited
CIN U01100MH1995PLC095425
Registration Number 095425
Incorporation Date 18 December 1995
ROC Mumbai
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 04 September 2017
Date of Balance Sheet 31 March 2017
Parent Company Gitanjali Gems Ltd
Compliance Status Active Non-Compliant

Name History of Nakshatra World Limited

Nakshatra World has undergone 5 name changes throughout its history. The current legal name is Nakshatra World Limited.

Company NameStatus
Nakshatra World LimitedCurrent
Gitanjali Brands LimitedPrevious
Fantasy Jewellery Private LimitedPrevious
Gitanjali Brands Private LimitedPrevious
Gitanjali Plantations Private LimitedPrevious
Fantasy Diamond Cuts Private LimitedPrevious

CIN History of Nakshatra World Limited

Nakshatra World has one previous CIN (Corporate Identification Number): U01100MH1995PTC095425. The current CIN is U01100MH1995PLC095425, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U01100MH1995PLC095425Current
U01100MH1995PTC095425Previous
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    A – 1 7th Floor Laxmi Towers Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
  • Industry
    Consumer Goods, Watches & Jewelry Manufacturing
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Financials, compliance, directors, charges, ownership and filings for Nakshatra World Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Nakshatra World Limited

The main business activities of Nakshatra World are manufacturing and trade. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and retail trading. 2 activity segments are registered with the MCA.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activitiesLocked
GTradeG2Retail TradingLocked
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Financials of Nakshatra World Limited FY 2017 filings available

Nakshatra World Limited reported revenue of ₹1,502.86 Cr (up 33% YoY) for FY 2016.

Revenue · FY 2016
₹1,502.86 Cr ▲ 33%
Net profit · FY 2016
₹79.65 Cr margin 5.3%
EBITDA · FY 2016
₹288.1 Cr margin 19.2%

Compounded Annual Growth Rate (CAGR) of Nakshatra World Limited

Revenue CAGR growth
1 year
▲ 33%
EBITDA CAGR growth
1 year
▲ 21%

Revenue rose 33% in the latest year. EBITDA rose 21% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Nakshatra World Limited

MetricsFY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••
Other Income••••••••
Total Revenue₹1,502.86 Cr••••
Cost of Materials Consumed••••••••
Employee Benefit Expense••••••••
Finance Costs••••••••
Depreciation and Amortisation••••••••
Other Expenses••••••••
Total Expenses••••••••
EBITDA₹288.1 Cr••••
Profit Before Tax••••••••
Tax Expense••••••••
Net Profit (PAT)₹79.65 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 Nakshatra World Limited

MetricsFY 2015-16FY 2014-15
Profitability
EBITDA Margin19.2%••••
Net Profit Margin5.3%••••
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 Nakshatra World are in the company report.

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Board of Directors of Nakshatra World Limited

Nakshatra World has 4 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Anil Umesh HaldipurDirector15 Dec 20169 Years 10 MonthsAs last reported
Milind Anant LimayeDirector24 Oct 20169 Years 11 MonthsAs last reported
Nazura Yash AjaneyDirector15 Dec 20169 Years 10 MonthsAs last reported
Mehul Chinubhai ChoksiManaging Director23 Dec 199530 Years 9 MonthsAs last reported

Peer Comparison of Nakshatra World Limited

Nakshatra World 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Hari Krishna Exports Private Limited₹7,740.85 Cr (FY 2025)••••••••-2.0%••••Mumbai, Maharashtra, India
Ideal Fiscal Services Ltd₹7,568.74 Cr (FY 2025)••••••••400.0%••••Jaipur, Rajasthan, India
Mohanlal Jewellers Private Limited₹7,038.53 Cr (FY 2025)••••••••20.0%••••Chennai, Tamil Nadu, India
Opus Refinery Private Limited₹6,950.3 Cr (FY 2025)••••••••-17.0%••••Mumbai, Maharashtra, India
Shiv Sahai & Sons (India) Private Limited₹6,543.48 Cr (FY 2025)••••••••343.0%••••Chennai, Tamil Nadu, India
Ritul Jewels Private Limited₹5,784.06 Cr (FY 2025)••••••••74.0%••••Mumbai, Maharashtra, India
MBMG Diamonds Private Limited₹5,020.28 Cr (FY 2025)••••••••38.0%••••Kozhikode, Kerala, India
Sovereign Metals Limited₹4,986.8 Cr (FY 2024)••••••••-21.0%••••Ahmedabad, Gujarat, India
Aspect Bullion Refinery Private Limited₹4,899.88 Cr (FY 2025)••••••••94134.0%••••Mumbai, Maharashtra, India
Mahendra Brothers Exports Private Limited₹4,858.82 Cr (FY 2025)••••••••-8.0%••••Mumbai, Maharashtra, India
Nakshatra World Limited this company₹1,502.86 Cr (FY 2016)••••••••33.0%••••Mumbai, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Nakshatra World 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 Nakshatra World Limited

Nakshatra World Limited is audited by FORD RHODES PARKS & CO LLP for the financial year 2016.

NameStatusAppointment DateCessation Date
FORD RHODES PARKS & CO LLPLockedLockedLocked
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Ownership and Shareholding of Nakshatra World Limited

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Charges & Borrowings of Nakshatra World Limited

Open charges
₹443.5 Cr
Satisfied charges
₹225 Cr
Breakdown by lending institutions
3I Infotech Trusteeship Services Limited₹350.00 Cr
Icici Bank Limited₹56.00 Cr
Oriental Bank of Commerce₹10.00 Cr
Union Bank of India₹9.50 Cr
Others₹8.00 Cr
Others₹10.00 Cr
Latest charge details
DateLenderAmountStatus
11 Jul 2015Union Bank of India₹9.5 CrOpen
06 May 2015Dena Bank₹7 CrOpen
21 Feb 2015Others₹8 CrOpen
27 Dec 2014Oriental Bank of Commerce₹10 CrOpen
18 Dec 2014Vijaya Bank₹3 CrOpen

Total charge records: 20 View all charges

Deals & Funding of Nakshatra World Limited

Nakshatra World Limited has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹205.13 Cr; the latest was in September 2016.

Total deals
6
Secondary share transfers
3
Funding rounds
2
Acquisition
1
Disclosed funding
₹205.13 Cr

Deals on record (5 of 6)

WhenDealAmountParties
Sep 2016Secondary share transferUndisclosedBuyer: Gitanjali Gems Ltd , 3 individuals
Seller: 4 individuals
Jan 2012Funding round₹180 CrInvestors: Gitanjali Gems Ltd , BCCL
Jun 2011Secondary share transferUndisclosedBuyer: 4 individuals
Seller: Gitanjali Gems Ltd , 3 individuals
Mar 2009Funding round₹25.13 CrInvestors: Gitanjali Gems Ltd
Jun 2008Secondary share transferUndisclosedBuyer: Gitanjali Gems Ltd , 3 individuals
Seller: 4 individuals
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Employees and EPFO Compliance at Nakshatra World Limited

Nakshatra World Limited has a workforce of 115 employees as of Apr 08, 2024.

Employee count
115
Active EPFO establishments
1
Employee growth
18.56%
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Employee and EPFO history

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Group Structure of Nakshatra World Limited

Nakshatra World has 6 subsidiary companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.

6
Subsidiary companies
Key Subsidiaries
Company NameCINShares Held
Nakshatra Brands LimitedU36910MH2004PLC146406Locked
Nakshatra Brands LimitedU36910MH2004PLC146406Locked
Bezel Jewellery (India) Private LimitedU51398MH2003PTC142351Locked
Bezel Jewellery (India) Private LimitedU51398MH2003PTC142351Locked
Gili India LimitedU52393MH2001PLC131428Locked
Gili India LimitedU52393MH2001PLC131428Locked

Showing major subsidiaries. Total: 6.

Recent Activity on Nakshatra World Limited

Nakshatra World Limited has 19 board changes on record since 1995: 4 appointments and 15 cessations. The latest: Nazura Yash Ajaney ceased to be Director on 18 Feb 2018.

Ceased
Nazura Yash Ajaney ceased to be Director.
Ceased
Kapil Khandelwal ceased to be Cfo(Kmp).
AGM
Nakshatra World Limited last Annual general meeting of members was held on 04 Sep 2017 as per latest MCA records.
Ceased
Anil Umesh Haldipur ceased to be Additional Director.
Ceased
Milind Anant Limaye ceased to be Additional Director.
Filing
Nakshatra World Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai.
Ceased
Dhanesh Vrajlal Sheth ceased to be Director.
Ceased
Jyoti Bharat Vora ceased to be Director.
Appointed
Anil Umesh Haldipur was appointed as Director.
Appointed
Nazura Yash Ajaney was appointed as Director.
Ceased
Dinesh Gopaldas Bhatia ceased to be Director.
Appointed
Milind Anant Limaye was appointed as Director.

42 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Nakshatra World Limited

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MSME Payment Delays by Nakshatra World Limited

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Subsidiaries & Group Companies of Nakshatra World Limited

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GST Compliance of Nakshatra World Limited

Nakshatra World has 8 GST registrations: 1 active and 7 cancelled or inactive.

Total GSTINs
8
Active
1
Cancelled / inactive
7
GSTINStateStatusRegistered on
19AAACG2896B1ZNWest BengalActive01 Jul 2017
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MCA Filings & Documents of Nakshatra World Limited

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Related news about Nakshatra World Limited

Frequently Asked Questions about Nakshatra World Limited

Nakshatra World is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.

Nakshatra World is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 18 December 1995 and is registered under CIN U01100MH1995PLC095425. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Nakshatra World reported revenue of ₹1,502.86 Cr for FY 2016 (up 33% YoY).

Nakshatra World has 4 current directors:

Nakshatra World reported a net profit of ₹79.65 Cr (net margin 5.3%) and EBITDA of ₹288.1 Cr (EBITDA margin 19.2%) for FY 2016, as per its filed financial statements.

The CIN (Corporate Identification Number) of Nakshatra World is U01100MH1995PLC095425. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Nakshatra World has open charges of ₹443.5 Cr and satisfied charges of ₹225 Cr as per latest MCA filings.

Nakshatra World has 59 court cases on record: 39 filed by the company and 11 filed against it. 7 are pending. Most are in the district courts.

Nakshatra World was incorporated on 18 December 1995. It is registered with the Registrar of Companies, Mumbai.

Nakshatra World has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹205.13 Cr; the latest was in September 2016.

The peers of Nakshatra World by revenue are Hari Krishna Exports Private Limited, Ideal Fiscal Services Ltd, Mohanlal Jewellers Private Limited, Opus Refinery Private Limited, Shiv Sahai & Sons (India) Private Limited and 5 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers).

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