Prakash Gold Palace Private Limited - Company Profile

It is a consumer goods private limited company based in Kellys,Chennai 600010, Tamil Nadu, India, established in 1998.
1998 Kellys,Chennai 600010, Tamil Nadu, India Active
Last Updated:
Access Report
About Prakash Gold Palace Private Limited

Prakash Gold Palace Private Limited, a active private limited company, was established on 12 June 1998 in Kellys,Chennai 600010, Tamil Nadu, India. Engaging in watches & jewelry manufacturing within the manufacturing sector, it holds CIN: U36911TN1998PTC040659. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹5.63 Cr.

Formerly known as Abhilasha International Private Limited. It upholds a compliant status. Employing 51 professional, Its leadership includes Mukeshkumar Jain (Director), Prakash Chand Jain (Managing Director). Past directors included Abhilash Mutha, Suraj Kumari Jain, Pramila. It holds ₹281.90 Cr open charges and ₹516.20 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 144, Purasawalkam High Road,Kellys,Chennai 600010 Kellys,Chennai 600010, Kellys,Chennai 600010, Tamil Nadu, 600010.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U36911TN1998PTC040659

  • Registration Number

    040659

  • Incorporation Date

    12 June 1998

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹5.63 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.63 Cr
  • Company Age 27 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 281.90 Cr
  • Satisfied Charges ₹ 516.20 Cr
  • Revenue Growth **** 13.67%
  • Profit Growth **** 109.15%
  • Ebitda **** -13.34%
  • Net Worth 0.19%
  • Total Assets **** 0.94%
Company report

Prakash Gold Palace Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

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

Access Report
Who are the key members and board of directors at Prakash Gold Palace Private Limited?
Current Directors
Name Designation Appointment Date Status
Mukeshkumar Jain Director 30 Oct 1999 Current
Prakash Chand Jain Managing Director 30 Oct 1999 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 20 Mar 2020 Past
Pramod Abcsdd Director 31 Jul 2012 Past
Pramod Abcsdd Director 31 Jul 2012 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Prakash Gold Palace.

Prakash Gold Palace Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.67% increase. The company also saw a substantial improvement in profitability, with a 109.15% increase in profit. The company's net worth moved up by a moderate rise of 0.19%.

Prakash Gold Palace revenue growth over time
Prakash Gold Palace 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
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 13.67%
*******
*******
*******
*******
Revenue from Operations
*******
 13.38%
*******
*******
*******
*******
Total Assets
*******
 0.94%
*******
*******
*******
*******
Profit or Loss
*******
 109.15%
*******
*******
*******
*******
Net Worth
*******
 0.19%
*******
*******
*******
*******
EBITDA
*******
 -13.34%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Prakash Gold Palace?

In 2023, Prakash Gold Palace had a promoter holding of 62.45% and a public holding of 37.55%. 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

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹2,818,970,000.00

Satisfied Charges

₹5,162,000,000.00

Charges Breakdown by Lending Institutions
  • Sbicap Trustee Company Limited : 281.90 Cr
Latest Charge Details
Date Lender Amount Status
17 Aug 1998 Sbicap Trustee Company Limited ₹281.90 Cr Open
09 May 2016 Hdfc Bank Limited ₹85.00 Cr Satisfied
29 Mar 2016 State Bank Of India ₹135.00 Cr Satisfied
26 Jun 2015 Indusind Bank Limited ₹20.00 Cr Satisfied
17 Jun 2014 Hdfc Bank Limited ₹20.00 Cr Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at Prakash Gold Palace?

Prakash Gold Palace has a workforce of 51 employees as of Mar 28, 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 Prakash Gold Palace, 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 Prakash Gold Palace'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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Prakash Gold Palace
Recent Activity within the Organization
  • Annual General Meeting

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

  • Balance Sheet

    Prakash Gold Palace Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 26 Jun 2015 via Charge ID 10576508 with Indusind Bank Limited was fully satisfied on 11 May 2023. was documented.

  • Charges

    The activity A charge registered on 17 Aug 1998 via Charge ID 90288931 with State Bank Of India was fully satisfied on 18 Oct 2022. was completed.

  • Charges

    Progress on A charge with Sbicap Trustee Company Limited of Rs. 281.90 Cr registered on 17 Aug 1998 with Charge ID 90285218 was modified on 21 Feb 2022. was documented.

  • Charges

    Progress on A charge registered on 29 Mar 2016 via Charge ID 100021982 with State Bank Of India was fully satisfied on 08 Nov 2018. was documented.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Prakash Gold Palace Private Limited?

The CIN of Prakash Gold Palace Private Limited is U36911TN1998PTC040659.

Where is Prakash Gold Palace Private Limited headquartered?

Prakash Gold Palace Private Limited is headquartered at 144, Purasawalkam High Road,Kellys,Chennai 600010 Kellys,Chennai 600010, Kellys,Chennai 600010, Tamil Nadu, 600010.

When was Prakash Gold Palace Private Limited incorporated?

Prakash Gold Palace Private Limited was incorporated on 12 June 1998.

Who are the current directors of Prakash Gold Palace Private Limited?

The current directors of Prakash Gold Palace Private Limited are

What is the primary industry of Prakash Gold Palace Private Limited?

The primary industry of Prakash Gold Palace Private Limited is Manufacturing.

Is Prakash Gold Palace Private Limited a listed company?

Prakash Gold Palace Private Limited is unlisted.

What is the capital structure of Prakash Gold Palace Private Limited?

The authorized capital of Prakash Gold Palace Private Limited is ₹10.00 Cr, and the paid-up capital is ₹5.63 Cr.

What is the compliance status of Prakash Gold Palace Private Limited?

The compliance status of Prakash Gold Palace Private Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available