About Punya Gold India Private Limited
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Punya Gold India Private Limited is a private 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 17 August 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27205MH2006PTC163831. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.59 Cr. It was formerly known as Punya Gold India Limited. It is led by directors Mukesh Javerchand Mehta (Managing Director) and Dinesh Javerchand Mehta.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2018, the company reported a revenue of ₹360.17 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹1.19 Cr (net margin 0.3%) and EBITDA of ₹9.03 Cr (EBITDA margin 2.5%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years.
The company has about 108 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹27.5 Cr and satisfied charges of ₹59.4 Cr on record. Court records list 75 cases involving the company, including 59 filed by the company and 16 filed against it; 3 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 punyagold.com.
Company details
CIN history
Punya Gold India has one previous CIN (Corporate Identification Number): U27205MH2006PLC163831. The current CIN is U27205MH2006PTC163831, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27205MH2006PTC163831 | Current |
| U27205MH2006PLC163831 | Previous |
Contact details
Punya Gold India Private Limited's registered office is in Mumbai, Maharashtra. Its website is punyagold.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressShop No.2 Gr Flr Plot No:102/104 Motiwala Building Dhanji Street Zaveri Bazar Mumbadevi Man, Dvi, Mumbai, Maharashtra, India – 400003
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Punya Gold India Private Limited, buy the company report.
- 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
Financials of Punya Gold India Private Limited
FY 2018 filings availablePunya Gold India Private Limited reported revenue of ₹360.17 Cr (up 7% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 7% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA rose 12% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹360.17 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹9.03 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.19 Cr | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.5% | |||
| Net Profit Margin | 0.3% | |||
| 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 Punya Gold India Private Limited, buy the company report.
Board of directors of Punya Gold India Private Limited
Punya Gold India has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Javerchand Mehta | Managing Director | 17 Aug 2006 | 20 Years 2 Months | Current |
| Dinesh Javerchand Mehta | Director | 02 Jul 2009 | 17 Years 4 Months | Current |
Auditor
Punya Gold India Private Limited is audited by AMIT PRABHU & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMIT PRABHU & CO | FY 2018 | 133903W |
Shareholding
The shareholding of Punya Gold India Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Punya Gold India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Feb 2014 | 10488247 | Apna Sahakari Bank Ltd. | ₹20 Cr | Open | |
| 30 Mar 2011 | 10283395 | The City Co - Operative Bank Limited | ₹2.25 Cr | Open | |
| 21 Mar 2011 | 10279005 | Maratha Sahakari Bank Ltd. | ₹2.25 Cr | Open | |
| 07 Mar 2009 | 10148819 | Maratha Sahakari Bank Ltd. | ₹3 Cr | Open | |
| 03 Mar 2016 | 100024144 | Standard Chartered Bank | ₹1.4 Cr | Satisfied |
To see the full charge records of Punya Gold India Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Punya Gold India Private Limited has 75 court cases on record: 59 filed by Punya Gold India, 16 filed against it. 3 cases are pending and 72 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 69 | 14 | 1 |
| High courts | 6 | 2 | 2 |
Cases on record (5 of 75)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons warrent Cases SW) | Filed against the company by Titan Company Ltd Through Rajesh N Vapiwala | Disposed |
| Madras High Court | Court case (CRL RC) | Filed by the company against M/S. Khandan Jewellers | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Interim or miscellaneous application | Filed by the company against The Deputy Director,Employee State Insurance Corporation and 1 other | Pending |
| Bombay High Court | Court case (APEAL) | Filed against the company | Pending |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Punya Gold India Private 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 Punya Gold India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Punya Gold India Private Limited has a workforce of 108 employees on its EPFO records as of Aug 2018, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2018-19 | 20 |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Punya Gold India Private Limited, buy the company report.
GST
Punya Gold India has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Punya Gold India Private Limited, buy the company report.
Recent activity
Punya Gold India Private Limited has 9 board changes on record since 2006: 2 appointments and 7 cessations. The latest: Gana Shravan ceased to be Additional Director on 20 Jun 2020.
15 earlier events are in the company report.
Frequently asked questions
Punya Gold India is an active private limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 17 August 2006 (20+ years old) and is registered under CIN U27205MH2006PTC163831.
Punya Gold India has 2 current directors:
- Mukesh Javerchand Mehta - Managing Director
- Dinesh Javerchand Mehta - Director
The latest financial statements of Punya Gold India on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Punya Gold India has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Punya Gold India is U27205MH2006PTC163831. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Punya Gold India has 75 court cases on record: 59 filed by the company and 16 filed against it. 3 are pending. Most are in the district courts.
Punya Gold India was incorporated on 17 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Gana Shravan ceased to be Additional Director on 20 Jun 2020. Dinesh Javerchand Mehta was appointed as Director on 02 Jul 2009. Dinesh Javerchand Mehta ceased to be Whole-Time Director on 02 Jul 2009. Punya Gold India has 9 board changes on record in total.
Punya Gold India can be reached through the website punyagold.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Punya Gold India is at Shop No.2 Gr Flr Plot No:102104 Motiwala Building Dhanji Street Zaveri Bazar Mumbadevi Man, Dvi, Mumbai, Maharashtra, India – 400003.
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