MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2022-23)
- Udyam number
- UDYAM-MH-18-0067769
Penta Gold Limited - consumer goods in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹155.52 Cr
▼ 73% YoY
Net profit · FY 2021
₹7.42 Lakh
Net margin 0%
EBITDA · FY 2021
₹4.84 Cr
EBITDA margin 3.1%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹12.73 Cr
Issued & subscribed
Open charges
₹63.6 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Directors on board
4
As per MCA filings
About Penta Gold Limited
Data last updated:
Penta Gold Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 12 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L51109GJ2012PLC069352. Its GSTIN is 24AAGCP4918D1ZM (Gujarat). The company holds 2 GST registrations, all of them active. It is recorded as listed by MCA, but its shares were delisted from NSE on 25 Jul 2025 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹12.73 Cr. It was formerly known as Penta Gold Private Limited. It is led by directors including Ketan Madhusudan Shroff (Managing Director) and Minakshi Singh.
Its last annual general meeting (AGM) was held on 30 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 2224 Manek Chowk Opp Old Share Bazar, Ahmedabad, Gujarat, India – 380001.
As per the financials filed for FY 2021, the company reported a revenue of ₹155.52 Cr, a decline of 73% compared to the previous year. For the same year it recorded a net profit of ₹7.42 Lakh (net margin 0%) and EBITDA of ₹4.84 Cr (EBITDA margin 3.1%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 9% over five years.
The company is associated with 1 brand: Penta Gold. As per MCA filings, the company has open charges of ₹63.6 Cr on record. Court records list 16 cases involving the company, including 2 filed by the company and 14 filed against it; 6 cases are pending. The company has 1 deal on record (1 ipo); the latest was in March 2018. Its 4 peer companies in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 2 larger and 2 smaller; the largest is B.C.Jain Jewellers Pvt.Ltd. with revenue of ₹158.94 Cr.
Penta Gold Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0067769). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pentagold.in.
Company details
CIN L51109GJ2012PLC069352
Registration Number 069352
Incorporation Date 12 March 2012
ROC Ahmedabad
Listing Status Listed - Delisted from NSE on 25 Jul 2025 · compulsory delisting
Company Status Active
Date of Last AGM 30 September 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0067769
CIN history
Penta Gold has one previous CIN (Corporate Identification Number): U51109GJ2012PTC069352. The current CIN is L51109GJ2012PLC069352, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51109GJ2012PLC069352 | Current |
| U51109GJ2012PTC069352 | Previous |
Key People
Ketan Madhusudan Shroff Managing Director Minakshi Singh Director Dilip Rajkumar Patodia Director Recognitions & Rankings of Penta Gold
Contact details
Penta Gold Limited's registered office is in Ahmedabad, Gujarat. Its website is pentagold.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address2224 Manek Chowk Opp Old Share Bazar, Ahmedabad, Gujarat, India – 380001
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Penta Gold Limited, buy the company report.
Comprehensive company report
Penta Gold Limited - one report that includes everything
- 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
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Brands
Penta Gold operates one associated brand: Penta Gold. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Fine jewelry brand | pentagold.in |
Business activity
The main business activity of Penta Gold is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Penta Gold Limited, buy the company report.
Financials of Penta Gold Limited
FY 2021 filings availablePenta Gold Limited reported revenue of ₹155.52 Cr (down 73% YoY) for FY 2021.
Revenue · FY 2021
₹155.52 Cr ▼ 73%
Net profit · FY 2021
₹7.42 Lakh margin 0%
EBITDA · FY 2021
₹4.84 Cr margin 3.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 73%
3 years · compounded
▼ 14%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▼ 61%
3 years · compounded
▼ 16%
5 years · compounded
▼ 6%
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 73% fall in the latest year. EBITDA fell 61% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹155.52 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.84 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.42 Lakh | ||||
| 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | 0% | ||||
| 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 | |||||
To see the full financial statements and ratios of Penta Gold Limited, buy the company report.
Board of directors of Penta Gold Limited
Penta Gold has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ketan Madhusudan Shroff | Managing Director | 12 Mar 2012 | 14 Years 7 Months | Current |
| Minakshi Singh Also directs: Arihant Multi Commercial Limited, Winpro Industries Limited | Director | 13 Aug 2021 | 5 Years 2 Months | Current |
| Dilip Rajkumar Patodia Also directs: JLR Broking Securities Services Private Limited | Director | 13 Apr 2017 | 9 Years 6 Months | Current |
| Anand Bhagwanji Chaturvedi | Director | 13 Apr 2017 | 9 Years 6 Months | Current |
Peer comparison
Penta Gold Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| B.C.Jain Jewellers Pvt.Ltd. | ₹158.94 Cr (FY 2025) | 9.0% | Kolkata, West Bengal, India | |||
| B. Sirkar Johuree Private Limited | ₹157.92 Cr (FY 2025) | 16.0% | Kolkata, West Bengal, India | |||
| Penta Gold Limitedthis company | ₹155.52 Cr (FY 2021) | ₹7.42 Lakh | 0% | -73.0% | Ahmedabad, Gujarat, India | |
| N J Jewellers India Private Limited | ₹154.59 Cr (FY 2025) | 112.0% | Chennai, Tamil Nadu, India | |||
| R.R. Agarwal Jewellers Private Limited | ₹154.57 Cr (FY 2025) | 18.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Penta Gold Limited, buy the company report.
Auditor
Penta Gold Limited is audited by R A N K & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R A N K & ASSOCIATES | FY 2021 | 105589W |
Shareholding
The shareholding of Penta Gold Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Penta Gold Limited, buy the company report.
Charges & borrowings
Open charges
₹63.6 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2020 | 100425975 | State Bank of India | ₹1.6 Cr | Open | |
| 22 Feb 2019 | 100243593 | Others | ₹24 Cr | Open | |
| 27 Sep 2016 | 100056698 | Others | ₹10 Cr | Open | |
| 03 Jul 2014 | 10511074 | Axis Bank Limited | ₹20 Cr | Open | |
| 09 Nov 2012 | 10386511 | State Bank of India | ₹8 Cr | Open |
To see the full charge records of Penta Gold Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Penta Gold Limited has 1 deal on record (1 ipo); the latest was in March 2018.
Total deals
1
IPO
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | IPO | ₹13.34 Cr | Investors: Public Investors |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Penta Gold Limited has 16 court cases on record: 2 filed by Penta Gold, 14 filed against it. 6 cases are pending and 10 are disposed.
Total cases
16
Filed by the company
2
Filed against the company
14
Pending
6
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 13 | 5 |
| High courts | 3 | 1 | 1 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Iifl Finance Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Icici Bank Ltd Th. Shrikant Phadke | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Icici Bank Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by Axis Bank Ltd-Payal Rajiv Kapila | Disposed |
To see the full case history of Penta Gold 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.
Credit ratings & regulatory alerts
Penta Gold Limited was last rated by Indiarating on 10 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 10 Jul 2020 |
To see the full credit ratings and regulatory alerts of Penta Gold Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Penta Gold Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Penta Gold has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCP4918D1ZM | Gujarat | Active | 01 Jul 2017 |
| 27AAGCP4918D1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Penta Gold Limited, buy the company report.
Recent activity
Penta Gold Limited has 14 board changes on record since 2012: 9 appointments and 5 cessations. The latest: Sandeepkumar Surendra Gupta ceased to be CFO on 31 Dec 2023.
Ceased
Sandeepkumar Surendra Gupta ceased to be CFO.
AGM
Penta Gold Limited last Annual general meeting of members was held on 30 Sep 2021 as per latest MCA records.
Appointed
Sandeepkumar Surendra Gupta was appointed as CFO.
Appointed
Minakshi Singh was appointed as Director.
Filing
Penta Gold Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ahmedabad.
Charges
A charge with State Bank Of India amounted to Rs. 1.60 Cr with Charge ID 100425975 was registered on 31 Dec 2020.
Ceased
Ashid Hammeed Sayyed ceased to be Additional Director.
Charges
A charge with Others of Rs. 24.00 Cr registered on 22 Feb 2019 with Charge ID 100243593 was modified on 17 Dec 2019.
Ceased
Dipti Ketan Shroff ceased to be Director.
Appointed
Ashid Hammeed Sayyed was appointed as Additional Director.
Charges
A charge with Others amounted to Rs. 24.00 Cr with Charge ID 100243593 was registered on 22 Feb 2019.
Ceased
Pinakin Madhusudan Shroff ceased to be Director.
12 earlier events are in the company report.
Frequently asked questions
Penta Gold is an active public limited company based in Ahmedabad, Gujarat, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 12 March 2012 (14+ years old) and is registered under CIN L51109GJ2012PLC069352.
Penta Gold has 4 current directors:
- Ketan Madhusudan Shroff - Managing Director
- Minakshi Singh - Director
- Dilip Rajkumar Patodia - Director
- Anand Bhagwanji Chaturvedi - Director
The latest financial statements of Penta Gold on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 September 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Penta Gold is 24AAGCP4918D1ZM, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAGCP4918D1ZG (Maharashtra).
The CIN (Corporate Identification Number) of Penta Gold is L51109GJ2012PLC069352. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Penta Gold is recorded as a listed company by MCA, but its shares were delisted from NSE on 25 Jul 2025 · compulsory delisting, and no longer trade on a stock exchange.
Penta Gold has 16 court cases on record: 2 filed by the company and 14 filed against it. 6 are pending. Most are in the district courts.
Penta Gold was incorporated on 12 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Penta Gold has 1 deal on record (1 ipo); the latest was in March 2018.
The peers of Penta Gold by revenue are B.C.Jain Jewellers Pvt.Ltd, B. Sirkar Johuree Private Limited, N J Jewellers India Private Limited, R.R. Agarwal Jewellers Private Limited, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Sandeepkumar Surendra Gupta ceased to be CFO on 31 Dec 2023. Sandeepkumar Surendra Gupta was appointed as CFO on 21 Sep 2021. Minakshi Singh was appointed as Director on 13 Aug 2021. Penta Gold has 14 board changes on record in total.