Palm Jewels Limited - Company Profile

Q: Who are the current directors of Palm Jewels Limited?

The current directors of Palm Jewels Limited are Raj Atulkumar Shah, Mitkumar Dipakkumar Shah, Rahelakhan Pathan, Naishadh Jagdishkumar Sadhu, Rohit Dalpatbhai Shah, Abhijit Roy, Saunil Rohitkumar Shah, Chetana Rohitbhai Shah, Hetkumar Devendrakumar Shah, Jheel Mayankbhai Shah.

It is a consumer goods public limited company based in City Taluka, Gujarat, India, established in 2005.

2005 City Taluka, Gujarat, India Active

Last Updated: January 11, 2026

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About Palm Jewels Limited

Palm Jewels Limited, a active public limited company, was established on 22 September 2005 in City Taluka, Gujarat, India. Engaging in jewelry & gemstone retail & distribution within the manufacturing sector, it holds CIN: L36910GJ2005PLC046809. Registered under ROC Roc Ahmedabad. it is listed on BSE: 541444. It has an authorized capital of ₹10.04 Cr and a paid-up capital of ₹10.04 Cr.

Formerly known as Shilvi Jewels Private Limited, Infinity Gold Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹99.87 Cr and a net worth of ₹14.60 Cr. Its leadership includes Mitkumar Dipakkumar Shah (Director), Rahelakhan Pathan (Director), Naishadh Jagdishkumar Sadhu (Director). Past directors included Dilipkumar Sureshbhai Shah, Mitkumar Dipakkumar Shah, Jagdish Kanzariya. It holds ₹2.76 Cr open charges and ₹9.00 M settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at C-205, D-205, 2Nd Floor, Super Mall, Besides Lal Bungalow,, C.G. Road, Ahmedabad, Gujarat, City Taluka, Gujarat, 380009.

Company Details

CIN/LLPIN
L36910GJ2005PLC046809
Registration Number
046809
Incorporation Date
22 September 2005
Authorized Capital
₹10.04 Cr
Paid-Up Capital
₹10.04 Cr
ROC Code
Roc Ahmedabad
Listing Status
Listed (BSE: 541444)
Company Status
Active

Key Metrics

Authorised Capital ₹ 10.04 Cr as on 11-01-2026
Paid Up Capital ₹ 10.04 Cr as on 11-01-2026
Company Age 20 Year, 5 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 2.76 Cr as on 11-01-2026
Satisfied Charges ₹ 9.00 M as on 11-01-2026

Comprehensive Company Insights

Explore comprehensive insights into Palm Jewels 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 Palm Jewels Limited?

Current Directors

Name	Designation	Appointment Date	Status
Mitkumar Dipakkumar Shah	Director	10 Aug 2019	Current
Rahelakhan Pathan	Director	07 Sep 2022	Current
Naishadh Jagdishkumar Sadhu	Director	07 Sep 2022	Current
Rohit Dalpatbhai Shah	Managing Director	22 Sep 2005	Current
Saunil Rohitkumar Shah	Whole-Time Director	20 Dec 2016	Current
Chetana Rohitbhai Shah	Director	22 Sep 2005	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	29 Sep 2018	Past
Pramod Abcsdd	Additional Director	30 Sep 2019	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Cfo(Kmp)	-	Past
Pramod Abcsdd	Additional Director	30 Sep 2019	Past
Pramod Abcsdd	Additional Director	30 Sep 2022	Past

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Financial Performance of Palm Jewels.

Palm Jewels Limited, for the financial year ended 2023, 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%.

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

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

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YOY Growth

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Total Revenue

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EBITDA

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What is the Ownership and Shareholding Structure of Palm Jewels?

In 2023, Palm Jewels had a promoter holding of 47.25% and a public holding of 52.75%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹27,600,000.00

Satisfied Charges

₹9,000,000.00

Charges Breakdown by Lending Institutions

Others : 2.58 Cr
Hdfc Bank Limited : 0.18 Cr

Latest Charge Details

Date	Lender	Amount	Status
09 Jan 2024	Hdfc Bank Limited	₹1.80 M	Open
18 Aug 2023	Others	₹0.80 M	Open
17 Jul 2020	Others	₹2.50 Cr	Open
16 Oct 2017	Yes Bank Limited	₹9.00 M	Satisfied

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How Many Employees Work at Palm Jewels?

Unlock and access historical data on people associated with Palm Jewels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Palm Jewels, 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 Palm Jewels's trajectory.

Rating

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Alerts

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 Palm Jewels

Recent Activity within the Organization

Annual General Meeting

Progress on Palm Jewels Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.
30 Sep 2025
Balance Sheet

Palm Jewels Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.
31 Mar 2025
Director Appointment

Progress on Hetkumar Devendrakumar Shah was appointed as a Director was appointed as a Director on 07 Dec 2024 & has been associated with this company since 1 year 2 months . was documented.
07 Dec 2024
Director Appointment

Progress on Jheel Mayankbhai Shah was appointed as a Director was appointed as a Director on 07 Dec 2024 & has been associated with this company since 1 year 2 months . was documented.
07 Dec 2024
Charges

A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100845013 was registered on 09 Jan 2024. was recorded as a recent event.
09 Jan 2024
Director Appointment

Raj Atulkumar Shah was appointed as a CFO was appointed as a CFO on 21 Sep 2023 & has been associated with this company since 2 years 5 months . was recorded as a recent event.
21 Sep 2023

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