Ratnavali Gems Private Limited
About Ratnavali Gems Private Limited
Data last updated:
Ratnavali Gems Private Limited was a private limited company based in Pune, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the manufacturing segment of the musical instruments sector. It was incorporated on 12 April 2004.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U51398PN2004PTC019126. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Mohini Prakash Karkarey and Prakash Narayanrao Karkarey.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Shop No. 5 Business Guild Opp. Krushna Dinning Hall Law College Road, Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2017, the company reported a revenue of ₹25,000, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹12,754 (net margin -51%) and EBITDA of -₹10,896 (EBITDA margin -43.6%).
As per MCA filings, the company had satisfied charges of ₹75 Lakh on record.
Company details
Contact details
Ratnavali Gems Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 5 Business Guild Opp. Krushna Dinning Hall Law College Road, Pune, Maharashtra, India – 411004
- IndustryMusical Instruments, Manufacturing, Jewellery, Musical Instrument, Sports Goods
To see the full contact details of Ratnavali Gems 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
Business activity
The main business activity of Ratnavali Gems 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 |
Financials of Ratnavali Gems Private Limited
FY 2022 filings availableRatnavali Gems Private Limited reported revenue of ₹25,000 (down 91% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 91% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹25,000 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹10,896 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹12,754 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -43.6% | ||
| Net Profit Margin | -51% | ||
| 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 Ratnavali Gems Private Limited, buy the company report.
Board of directors of Ratnavali Gems Private Limited
Ratnavali Gems has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohini Prakash Karkarey | Director | 12 Apr 2004 | 22 Years 6 Months | As last reported |
| Prakash Narayanrao Karkarey | Director | 06 Aug 2021 | 5 Years 3 Months | As last reported |
Auditor
Ratnavali Gems Private Limited is audited by N P DOSHI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N P DOSHI & ASSOCIATES | FY 2017 | 135495W |
Shareholding
The shareholding of Ratnavali Gems Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ratnavali Gems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 May 2007 | 10055186 | Indian Bank | ₹10 Lakh | Satisfied | |
| 04 Jun 2004 | 90088779 | Indian Bank | ₹65 Lakh | Satisfied |
To see the full charge records of Ratnavali Gems Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Ratnavali Gems Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ratnavali Gems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ratnavali Gems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ratnavali Gems Private Limited, buy the company report.
Recent activity
Ratnavali Gems Private Limited has 5 board changes on record since 2004: 2 appointments and 3 cessations. The latest: Prakash Narayanrao Karkarey ceased to be Additional Director on 29 Nov 2021.
1 earlier event is in the company report.
Frequently asked questions
Ratnavali Gems has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Ratnavali Gems was a private limited company based in Pune, Maharashtra, India. The company worked in manufacturing, within the musical instruments industry. It was incorporated on 12 April 2004 and is registered under CIN U51398PN2004PTC019126. The company has been struck off by the Registrar of Companies and is no longer operational.
Ratnavali Gems had 2 directors:
- Mohini Prakash Karkarey - Director
- Prakash Narayanrao Karkarey - Director
The CIN (Corporate Identification Number) of Ratnavali Gems is U51398PN2004PTC019126. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ratnavali Gems is at Shop No. 5 Business Guild Opp. Krushna Dinning Hall Law College Road, Pune, Maharashtra, India – 411004.
Ratnavali Gems was incorporated on 12 April 2004. It is registered with the Registrar of Companies, Pune.
The latest financial statements of Ratnavali Gems on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Ratnavali Gems has 1 GST registration on record and it is cancelled or inactive.
Ratnavali Gems operated in the musical instruments industry, in the manufacturing segment. It worked in this industry before it was struck off.
Prakash Narayanrao Karkarey ceased to be Additional Director on 29 Nov 2021. Prakash Narayanrao Karkarey was appointed as Director on 06 Aug 2021. Ushadevi Krishnarao Peshwa ceased to be Director on 06 Aug 2021. Ratnavali Gems has 5 board changes on record in total.
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