Prakash Gold Palace Private Limited Company Logo

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:

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

  • 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 Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.63 Cr
  • Company Age 27 Year, 5 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

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.

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Who are the key members and board of directors at Prakash Gold Palace Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Mukeshkumar JainDirector30 Oct 1999Current
Prakash Chand JainManaging Director30 Oct 1999Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector20 Mar 2020Past
Pramod AbcsddDirector31 Jul 2012Past
Pramod AbcsddDirector31 Jul 2012Past

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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
  • 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%

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.

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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

DateLenderAmountStatus
17 Aug 1998Sbicap Trustee Company Limited₹281.90 CrOpen
09 May 2016Hdfc Bank Limited₹85.00 CrSatisfied
29 Mar 2016State Bank Of India₹135.00 CrSatisfied
26 Jun 2015Indusind Bank Limited₹20.00 CrSatisfied
17 Jun 2014Hdfc Bank Limited₹20.00 CrSatisfied

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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 growth trends for Prakash Gold Palace Private Limited

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.

Latest Updates, News, and FAQs on Prakash Gold Palace

Recent Activity within the Organization

  • Annual General Meeting

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

  • 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

    A charge registered on 26 Jun 2015 via Charge ID 10576508 with Indusind Bank Limited was fully satisfied on 11 May 2023. was recorded as a recent event.

  • Charges

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

  • Charges

    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 recorded as a recent event.

  • Charges

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

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.

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