About Satyug Gold Private Limited
Data last updated:
Satyug Gold Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 28 January 2013.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36996MH2013PTC239996. Its GSTIN is 27AALCA3057H1ZM (Maharashtra). The company holds 7 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹5.01 Cr. It was formerly known as Avyaan Gems & Jewellery Private Limited. It is led by directors Shaiju Sukumaran Nair and Ganpati Shankar Chaudhary.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2016, the company reported a revenue of ₹61.7 Lakh, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹69.61 Lakh (net margin -112.8%) and EBITDA of -₹80.67 Lakh (EBITDA margin -130.7%).
The company has about 1 employee on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has satisfied charges of ₹10 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 3 cases are pending.
The last known website on record is satyuggold.com.
Company details
Contact details
Satyug Gold Private Limited's registered office is in Mumbai, Maharashtra. Its website is satyuggold.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4th Floor C Wing Sahar Classique Opp. P & T Colony Sahar Road Andheri (, E), Mumbai, Maharashtra, India – 400099
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Satyug Gold 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 Satyug Gold is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Satyug Gold Private Limited, buy the company report.
Financials of Satyug Gold Private Limited
FY 2016 filings availableSatyug Gold Private Limited reported revenue of ₹61.7 Lakh (down 93% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 93% in the latest year. EBITDA rose 93% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹61.7 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹80.67 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹69.61 Lakh | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -130.7% | |
| Net Profit Margin | -112.8% | |
| 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 Satyug Gold Private Limited, buy the company report.
Board of directors of Satyug Gold Private Limited
Satyug Gold has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shaiju Sukumaran Nair Also directs: Desidrama Entertainment LLP | Director | 25 Mar 2022 | 4 Years 7 Months | As last reported |
| Ganpati Shankar Chaudhary | Additional Director | 21 Nov 2017 | 8 Years 11 Months | As last reported |
Auditor
Satyug Gold Private Limited is audited by SEKHRI KANODIA & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SEKHRI KANODIA & ASSOCIATES | FY 2016 | 109389W |
Shareholding
The shareholding of Satyug Gold Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Satyug Gold Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Aug 2014 | 10521877 | Axis Bank Limited | ₹10 Cr | Satisfied |
To see the full charge records of Satyug Gold Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Satyug Gold Private Limited has 5 court cases on record: 5 filed against it. 3 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 3 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by State - Bandra Kurla Police Station, Mumbai | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Assistant/Deputy Registrar of Companies Mumbai | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SPL.CASE) | Filed against the company by Assistant Registrar of Companies, Office of Registrar of Companies, Ministry of Corporate Affairs | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| High Court, MAHARASHTRA | Court case (CARBP) | Filed against the company by an individual | Disposed |
To see the full case history of Satyug Gold 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 Satyug Gold Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Satyug Gold has 2 subsidiary companies. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Auptag Refinery Private Limited | U27205MH2013PTC250940 | |
| Auptag Refinery Private Limited | U27205MH2013PTC250940 |
To see the full group structure of Satyug Gold Private Limited, buy the company report.
GST
Satyug Gold has 7 GST registrations: 1 active and 6 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCA3057H1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Satyug Gold Private Limited, buy the company report.
Recent activity
Satyug Gold Private Limited has 13 board changes on record since 2013: 2 appointments and 11 cessations. The latest: Mohammed Saifi ceased to be Additional Director on 26 Mar 2022.
6 earlier events are in the company report.
Frequently asked questions
Satyug Gold is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Satyug Gold is a company under liquidation, formerly operating as a 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 28 January 2013 and is registered under CIN U36996MH2013PTC239996. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Satyug Gold has 2 current directors:
- Shaiju Sukumaran Nair - Director
- Ganpati Shankar Chaudhary - Additional Director
The latest financial statements of Satyug Gold on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Satyug Gold is U36996MH2013PTC239996. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satyug Gold has no open charges and satisfied charges of ₹10 Cr as per latest MCA filings.
Satyug Gold has 5 court cases on record: 5 filed against it. 3 are pending. Most are in the district courts.
Satyug Gold was incorporated on 28 January 2013. It is registered with the Registrar of Companies, Mumbai.
Mohammed Saifi ceased to be Additional Director on 26 Mar 2022. Shaiju Sukumaran Nair was appointed as Director on 25 Mar 2022. Ganpati Shankar Chaudhary was appointed as Additional Director on 21 Nov 2017. Satyug Gold has 13 board changes on record in total.
Satyug Gold can be reached through the website satyuggold.com. Its registered office is in Mumbai, Maharashtra, India.
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