Safa Gold and Diamonds LLP
About Safa Gold and Diamonds LLP
Data last updated:
Safa Gold and Diamonds LLP was a limited liability partnership (LLP) based in Perinthalmanna, Kerala, India. The LLP has been converted into a company and no longer exists as an LLP. For the latest details, refer to the successor company. It operated in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 15 January 2016.
The LLP was registered with the Registrar of Companies (ROC), Ernakulam, under LLPIN AAF-4998. Its GSTIN is 32ADBFS1814N1Z5 (Kerala).
The LLP had a total obligation of contribution of ₹1.4 Lakh. It was led by designated partners including Musthafa and Kolthody Abdul Kareem.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office was at Xx – 517/10 2nd Floor Nesma Arcade Bypass Road, Perinthalmanna, Kerala, India – 679322.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹89.9 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹2.8 Cr (net margin 3.1%) and EBITDA of -₹3.34 Cr (EBITDA margin -3.7%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 218% over five years.
The LLP has about 44 employees on its provident fund (EPFO) records.
The LLP is associated with 1 brand: Safa Jewellery. As per MCA filings, the LLP has open charges of ₹22.49 Lakh on record. Court records list 2 cases involving the LLP, including 2 filed by the LLP; 2 cases are pending.
Company details
Contact details
Safa Gold and Diamonds LLP's registered office is in Perinthalmanna, Kerala. Its e-mail address is in the company report.
- Email
- Registered AddressXx – 517/10 2nd Floor Nesma Arcade Bypass Road, Perinthalmanna, Kerala, India – 679322
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Safa Gold and Diamonds LLP, 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
Brands
Safa Gold and Diamonds operates one associated brand: Safa Jewellery. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Jewellery design, manufacturing, and retail services in Kerala. | safajewellery.com |
Financials of Safa Gold and Diamonds LLP
FY 2024 filings availableSafa Gold and Diamonds LLP reported revenue of ₹89.9 Cr (up 22% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 218% over five years, including 22% growth 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profit After Tax | ₹2.8 Cr | ||||
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Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Net Profit Margin | 3.1% | ||||
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To see the full financial statements and ratios of Safa Gold and Diamonds LLP, buy the company report.
Designated partners of Safa Gold and Diamonds LLP
Safa Gold and Diamonds has 7 designated partners on record. No former designated partners are listed.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2021 | L-100533567 | Hdfc Bank Limited | ₹22.49 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Safa Gold and Diamonds LLP has 2 court cases on record: 2 filed by Safa Gold and Diamonds. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Malappuram, Kerala | Civil suit | Filed by the company against M/S Safa Jewels Malappuram LLP and 1 other | Pending |
| High Court, Kerala | Writ petition | Filed by the company against The State of Kerala and 2 others | Pending |
To see the full case history of Safa Gold and Diamonds LLP, 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 Safa Gold and Diamonds LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Safa Gold and Diamonds LLP has a workforce of 33 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Safa Gold and Diamonds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32ADBFS1814N1Z5 | Kerala | Active | 15 Mar 2018 |
To see the full GST registrations and return filing status of Safa Gold and Diamonds LLP, buy the company report.
Recent activity
Safa Gold and Diamonds LLP has 7 designated partner changes on record since 2016: 7 appointments. The latest: Abdul Nazar Kolthodi was appointed as Designated Partner on 15 Jan 2016.
Frequently asked questions
Safa Gold and Diamonds has been converted into a company - the business changed its legal structure from a Limited Liability Partnership to a company. The LLP no longer exists in its previous form. For the latest information, refer to the successor company registered with MCA.
Safa Gold and Diamonds was a limited liability partnership based in Perinthalmanna, Kerala, India. The LLP worked in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 15 January 2016 and is registered under LLPIN AAF-4998. For the latest details, refer to the successor company.
The LLPIN (Limited Liability Partnership Identification Number) of Safa Gold and Diamonds is AAF-4998. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Safa Gold and Diamonds had 7 designated partners:
- Musthafa - Designated Partner
- Kolthody Abdul Kareem - Designated Partner
- Kolthodi Usman - Designated Partner
- Mohamed Abdussalam - Designated Partner
- Hamza - Designated Partner
- Muhammed Haneefa - Designated Partner
- Abdul Nazar Kolthodi - Designated Partner
Safa Gold and Diamonds was incorporated on 15 January 2016. It is registered with the Registrar of Companies, Ernakulam.
The registered office of Safa Gold and Diamonds is at Xx – 51710 2nd Floor Nesma Arcade Bypass Road, Perinthalmanna, Kerala, India – 679322.
The latest financial statements of Safa Gold and Diamonds on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 March 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Safa Gold and Diamonds is 32ADBFS1814N1Z5, registered in Kerala.
Safa Gold and Diamonds operated in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
Safa Gold and Diamonds has 2 court cases on record: 2 filed by the LLP. 2 are pending. Most are in the district courts.