Palak Jewellers Private Limited - Company Profile

It is a consumer goods private limited company based in Mumbai, Maharashtra, India, established in 2006.
2006 Mumbai, Maharashtra, India Active
Last Updated:
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About Palak Jewellers Private Limited

Palak Jewellers Private Limited, a active private limited company, was established on 26 April 2006 in Mumbai, Maharashtra, India. Engaging in jewelry & gemstone retail & distribution within the trade sector, it holds CIN: U36911MH2006PTC161390. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.23 Cr.

It upholds a compliant status. Employing 3 professional, Its leadership includes Shailesh Champalal Daga (Whole-Time Director), Nilesh Champalal Daga (Managing Director). Past directors included Shailesh Champalal Daga, Champalal Gishulal Daga. It holds ₹105.00 Cr open charges and ₹30.00 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 201, 2Nd Floor, 99/103 Bhagwan Buvan, Tambakanta, Mumbadevi Lane, Pydhonie,, Mumbai, Maharashtra, 400002.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U36911MH2006PTC161390

  • Registration Number

    161390

  • Incorporation Date

    26 April 2006

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹1.23 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.23 Cr
  • Company Age 19 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 105.00 Cr
  • Satisfied Charges ₹ 30.00 Cr
Company report

Palak Jewellers Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Palak Jewellers Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Palak Jewellers Private Limited?
Current Directors
Name Designation Appointment Date Status
Shailesh Champalal Daga Whole-Time Director 26 Apr 2006 Current
Nilesh Champalal Daga Managing Director 26 Apr 2006 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Apr 2011 Past
Pramod Abcsdd Director 03 Mar 2016 Past

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Financial Performance of Palak Jewellers.

Palak Jewellers Private Limited, for the financial year ended 2024, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Palak Jewellers revenue growth over time
Palak Jewellers profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
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What is the Ownership and Shareholding Structure of Palak Jewellers?

In 2024, Palak Jewellers had a promoter holding of 35.80% and a public holding of 64.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹1,050,000,000.00

Satisfied Charges

₹300,000,000.00

Charges Breakdown by Lending Institutions
  • Others : 105.00 Cr
Latest Charge Details
Date Lender Amount Status
18 Jul 2025 Others ₹25.00 Cr Open
04 Jun 2013 Others ₹80.00 Cr Open
30 Jan 2013 Axis Bank Limited ₹5.00 Cr Satisfied
17 Jul 2007 Axis Bank Limited ₹25.00 Cr Satisfied

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How Many Employees Work at Palak Jewellers?

Palak Jewellers has a workforce of 3 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palak Jewellers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Palak Jewellers's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Palak Jewellers
Recent Activity within the Organization
  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 101137869 was registered on 18 Jul 2025. was recorded as a recent event.

  • Charges

    A charge with Others of Rs. 80.00 Cr registered on 04 Jun 2013 with Charge ID 10434622 was modified on 12 Dec 2024. was recorded as a recent event.

  • Annual General Meeting

    The activity Palak Jewellers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Palak Jewellers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

  • Charges

    A charge registered on 30 Jan 2013 via Charge ID 10406790 with Axis Bank Limited was fully satisfied on 31 Jan 2018. was recorded as a recent event.

  • Charges

    The activity A charge registered on 17 Jul 2007 via Charge ID 10062659 with Axis Bank Limited was fully satisfied on 22 May 2014. was completed.

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Frequently Asked Questions
What is the CIN of Palak Jewellers Private Limited?

The CIN of Palak Jewellers Private Limited is U36911MH2006PTC161390.

Where is Palak Jewellers Private Limited headquartered?

Palak Jewellers Private Limited is headquartered at 201, 2Nd Floor, 99/103 Bhagwan Buvan, Tambakanta, Mumbadevi Lane, Pydhonie,, Mumbai, Maharashtra, 400002.

When was Palak Jewellers Private Limited incorporated?

Palak Jewellers Private Limited was incorporated on 26 April 2006.

Who are the current directors of Palak Jewellers Private Limited?

The current directors of Palak Jewellers Private Limited are

What is the primary industry of Palak Jewellers Private Limited?

The primary industry of Palak Jewellers Private Limited is Trade.

Is Palak Jewellers Private Limited a listed company?

Palak Jewellers Private Limited is unlisted.

What is the capital structure of Palak Jewellers Private Limited?

The authorized capital of Palak Jewellers Private Limited is ₹2.00 Cr, and the paid-up capital is ₹1.23 Cr.

What is the compliance status of Palak Jewellers Private Limited?

The compliance status of Palak Jewellers Private Limited is Compliant.

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