About Parekh Platinum Limited
Data last updated:
Parekh Platinum Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 05 July 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L27205MH1982PLC027711. Its GSTIN is 27AAACP1996R1ZL (Maharashtra). The company holds 2 GST registrations, of which 1 is active. It is recorded as listed by MCA, but its shares were delisted from NSE on 12 May 2017 · compulsory delisting and from BSE on 23 Aug 2017 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹43.64 Cr. It was formerly known as Parekh Platinum Private Limited. It is led by directors including Rajesh Jamnadas Parekh (Managing Director) and Hiten Mansukhlal Shah.
Its last annual general meeting (AGM) was held on 28 December 2010, and its latest financial statements are for the year ended 31 March 2010. The registered office is at 16 B Samhitaindustrial Estate Andheri Kurla Rd, Mumbai, Maharashtra, India – 400072.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Parekh Platinum. As per MCA filings, the company has open charges of ₹634.13 Cr on record. Court records list 104 cases involving the company, including 40 filed by the company and 64 filed against it; 33 cases are pending.
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 parekhplatinum.com.
Company details
Contact details
Parekh Platinum Limited's registered office is in Mumbai, Maharashtra.
- Registered Address16 B Samhitaindustrial Estate Andheri Kurla Rd, Mumbai, Maharashtra, India – 400072
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
- 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
Brands
Parekh Platinum operates one associated brand: Parekh Platinum. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Jewelry manufacturing and sales operations in India. | parekhplatinum.com |
Financials of Parekh Platinum Limited
FY 2010 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Parekh Platinum Limited, buy the company report.
Board of directors of Parekh Platinum Limited
Parekh Platinum has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Jamnadas Parekh | Managing Director | 05 Jul 1982 | 44 Years 3 Months | Current |
| Hiten Mansukhlal Shah | Director | 26 May 2004 | 22 Years 4 Months | Current |
| Manoj Ochhavlal Shah | Director | 10 Jan 2006 | 20 Years 9 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Apr 2002 | 90231120 | Canara Bank | ₹9 Lakh | Open | |
| 22 Dec 1999 | 80027380 | Dena Bank | ₹186.45 Cr | Open | |
| 22 Dec 1999 | 90229531 | Bank of India | ₹44.21 Cr | Open | |
| 15 Mar 1999 | 90229442 | Others | ₹10 Cr | Open | |
| 21 Jan 1999 | 90232514 | State Bank India | ₹12.2 Cr | Open |
To see the full charge records of Parekh Platinum Limited, buy the company report.
Total charge records: 16 View all charges
Legal cases
Parekh Platinum Limited has 104 court cases on record: 40 filed by Parekh Platinum, 64 filed against it. 33 cases are pending and 71 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 61 | 42 | 28 |
| High courts | 39 | 20 | 5 |
| Supreme Court | 4 | 2 | 0 |
Cases on record (5 of 104)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by Ifci Limited | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Kotak Mahindra Bank Limited | Disposed |
| Bombay High Court | Court case (CHOL) | Filed against the company by Canara Bank | Disposed |
| Bombay High Court | Court case (S) | Filed against the company by Canara Bank | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against The Industrial Finance Corporation of India Ltd. and 20 others | Disposed |
To see the full case history of Parekh Platinum 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 Parekh Platinum Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Parekh Platinum has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP1996R1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Parekh Platinum Limited, buy the company report.
Recent activity
Parekh Platinum Limited has 6 board changes on record since 1982: 4 appointments and 2 cessations. The latest: Manoj Ochhavlal Shah ceased to be Director on 04 Jul 2011.
23 earlier events are in the company report.
Frequently asked questions
Parekh Platinum is an active 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 05 July 1982 (44+ years old) and is registered under CIN L27205MH1982PLC027711.
Parekh Platinum has 3 current directors:
- Rajesh Jamnadas Parekh - Managing Director
- Hiten Mansukhlal Shah - Director
- Manoj Ochhavlal Shah - Director
The latest financial statements of Parekh Platinum on record with the MCA are for the year ended 31 March 2010. Its last annual general meeting was held on 28 December 2010. Year-wise statements from 2015 are in the company report.
The GSTIN of Parekh Platinum is 27AAACP1996R1ZL, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Parekh Platinum is L27205MH1982PLC027711. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parekh Platinum is recorded as a listed company by MCA, but its shares were delisted from NSE on 12 May 2017 · compulsory delisting and from BSE on 23 Aug 2017 · compulsory delisting, and no longer trade on a stock exchange.
Parekh Platinum has 104 court cases on record: 40 filed by the company and 64 filed against it. 33 are pending. Most are in the district courts.
Parekh Platinum was incorporated on 05 July 1982, making it 44+ years old. It is registered with the Registrar of Companies, Mumbai.
Manoj Ochhavlal Shah ceased to be Director on 04 Jul 2011. Rajnikant Jamnadas Parekh ceased to be Whole-Time Director on 04 Feb 2011. Manoj Ochhavlal Shah was appointed as Director on 10 Jan 2006. Parekh Platinum has 6 board changes on record in total.
Parekh Platinum can be reached through the website parekhplatinum.com. Its registered office is in Mumbai, Maharashtra, India.