About Sulthan Gold Private Limited
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Sulthan Gold Private Limited is a private limited company based in Mangalore, Karnataka, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 31 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U36911KA2010PTC054642. Its GSTIN is 29AAOCS6142E1Z3 (Karnataka). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹18.96 Cr. It is led by directors Thayalvalappil Mammunhi Abdulrahoof (Managing Director) and Abdul Rahim Thayal Valappil Mammunhi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Door No: 16 – 02 – – 63/94 Mangalore Gate 3rd Floor Kankanady, Karnataka, India – 575002.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,505.33 Cr, a growth of 60% compared to the previous year. For the same year it recorded a net profit of ₹37.81 Cr (net margin 2.5%) and EBITDA of ₹73.37 Cr (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years.
The company has about 450 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sulthan Diamonds and Gold. As per MCA filings, the company has open charges of ₹380.41 Cr and satisfied charges of ₹32.35 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 4 cases are pending. The company has 6 deals on record (2 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹4.99 Cr; the latest was in November 2022. Its 3 peer companies in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (retail trading) are compared by revenue, 1 larger and 2 smaller; the largest is Arvindbhai Bechardas Jewellers Private Limited with revenue of ₹1,552.16 Cr. The company has 11 MSME Form 1 returns on record between 2019 and 2024, listing 117 overdue payments to 41 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sulthandiamondsandgold.com.
Company details
Contact details
Sulthan Gold Private Limited's registered office is in Mangalore, Karnataka. Its website is sulthandiamondsandgold.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDoor No: 16 – 02 – – 63/94 Mangalore Gate 3rd Floor Kankanady, Karnataka, India – 575002
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Sulthan 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
Brands
Sulthan Gold operates one associated brand: Sulthan Diamonds and Gold. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Jewelry retail focused on diamonds, gold, and accessories in India. | sulthandiamondsandgold.com |
Business activity
The main business activity of Sulthan 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 Sulthan Gold Private Limited, buy the company report.
Financials of Sulthan Gold Private Limited
FY 2025 filings availableSulthan Gold Private Limited reported revenue of ₹1,505.33 Cr (up 60% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over three years, including 60% growth in the latest year. EBITDA rose 236% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1,505.33 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹73.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹37.81 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | ||||
| Net Profit Margin | 2.5% | ||||
| 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 Sulthan Gold Private Limited, buy the company report.
Board of directors of Sulthan Gold Private Limited
Sulthan Gold has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thayalvalappil Mammunhi Abdulrahoof Also directs: Sulthan Retail Limited Liability Partnership, Sulthan Diamonds & Gold LLP, Sulthan Gold Classic Private Limited and 1 more | Managing Director | 31 Jul 2010 | 16 Years 3 Months | Current |
| Abdul Rahim Thayal Valappil Mammunhi Also directs: Sulthan Retail Limited Liability Partnership, Sulthan Diamonds & Gold LLP, Sulthan Gold Classic Private Limited and 1 more | Director | 31 Jul 2010 | 16 Years 3 Months | Current |
Peer comparison
Sulthan Gold Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Arvindbhai Bechardas Jewellers Private Limited | ₹1,552.16 Cr (FY 2025) | 24.0% | Ahmedabad, Gujarat, India | |||
| Sulthan Gold Private Limitedthis company | ₹1,505.33 Cr (FY 2025) | ₹37.81 Cr | 2.5% | 60.0% | 450 | Mangalore, Karnataka, India |
| Ambergate Gold Private Limited | ₹1,449.7 Cr (FY 2024) | Mumbai, Maharashtra, India | ||||
| Manubhai Gems Private Limited | ₹1,394.51 Cr (FY 2025) | 31.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Sulthan Gold Private Limited, buy the company report.
Auditor
Sulthan Gold Private Limited is audited by AAKK & Associates for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AAKK & Associates | FY 2025 | 013928S |
Shareholding
The shareholding of Sulthan Gold Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sulthan Gold Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Dec 2024 | 101029366 | Others | ₹35 Cr | Open | |
| 16 Aug 2024 | 100965629 | Hdfc Bank Limited | ₹28.68 Lakh | Open | |
| 25 Jun 2024 | 100942631 | Hdfc Bank Limited | ₹2.27 Cr | Open | |
| 07 Sep 2023 | 100791703 | Axis Bank Limited | ₹55 Cr | Open | |
| 18 Apr 2023 | 100708953 | Hdfc Bank Limited | ₹76.19 Lakh | Open |
To see the full charge records of Sulthan Gold Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Sulthan Gold Private Limited has 6 deals on record (2 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹4.99 Cr; the latest was in November 2022.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Rights issue | ₹7.96 Cr | Investors: 3 individuals |
| Dec 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2019 | Rights issue | ₹6 Cr | Investors: Sulthan Retail Limited Liability Partnership , Sulthan Gold Classic Private Limited |
| Dec 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2013 | Funding round | ₹4.7 Cr | Investors: 4 individuals |
To see the full deal history of Sulthan Gold Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sulthan Gold Private Limited has 5 court cases on record: 2 filed by Sulthan Gold, 3 filed against it. 4 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 3 |
| High courts | 1 | 0 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (3802-Matters Relating To Consumer Protection : SLPs relating to Consumer Protection.) | Filed by the company against HDFC Ergo General Insurance Co. Ltd. Regional Manager Claims South Regional Manager Claims South No. 25/1, 2Nd Floor, Building No. 2 Shankarnarayana Building, M.G. Road, ,Bangalore , Karnataka and 1 other | Disposed |
| District court, DAKSHINA KANNADA, Karnataka | Motor accident claim | Filed against the company by an individual | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Motor accident claim | Filed against the company by an individual | Pending |
| High Court, Kerala | Writ petition | Filed by the company against The State of Kerala and 2 others | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Criminal complaint | Filed against the company by The State of Karnataka | Pending |
To see the full case history of Sulthan 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.
Credit ratings & regulatory alerts
Sulthan Gold Private Limited was last rated by Icra on 07 Jan 2015.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 07 Jan 2015 |
To see the full credit ratings and regulatory alerts of Sulthan Gold Private Limited, buy the company report.
MSME payment delays
Sulthan Gold Private Limited has 11 MSME Form 1 returns on record between 2019 and 2024, listing 117 overdue payments to 41 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 41)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Aaroh Jewels | |||
| an individual supplier | |||
| Aasha Levin Lighting Systems Private Limited |
To see the full MSME payment records of Sulthan Gold Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Sulthan Gold has 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
Employees & EPFO
Sulthan Gold Private Limited has a workforce of 450 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 450 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Sulthan Gold Private Limited, buy the company report.
GST
Sulthan Gold has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAOCS6142E1Z3 | Karnataka | Active | 01 Jul 2017 |
| 29AAOCS6142E2Z2 | Karnataka | Active | 30 Jun 2025 |
| 29AAOCS6142E3Z1 | Karnataka | Active | 11 Nov 2025 |
| 32AAOCS6142E1ZG | Kerala | Active | 20 Mar 2019 |
To see the full GST registrations and return filing status of Sulthan Gold Private Limited, buy the company report.
Recent activity
Sulthan Gold Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Thayalvalappil Mammunhi Abdulrahoof ceased to be Director on 05 Dec 2018.
15 earlier events are in the company report.
Frequently asked questions
Sulthan Gold is an active private limited company based in Mangalore, Karnataka, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 31 July 2010 (16+ years old) and is registered under CIN U36911KA2010PTC054642.
Sulthan Gold has 2 current directors:
- Thayalvalappil Mammunhi Abdulrahoof - Managing Director
- Abdul Rahim Thayal Valappil Mammunhi - Director
The latest financial statements of Sulthan Gold on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sulthan Gold is 29AAOCS6142E1Z3, registered in Karnataka. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 29AAOCS6142E2Z2 (Karnataka), 29AAOCS6142E3Z1 (Karnataka), 32AAOCS6142E1ZG (Kerala).
The CIN (Corporate Identification Number) of Sulthan Gold is U36911KA2010PTC054642. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sulthan Gold has 5 court cases on record: 2 filed by the company and 3 filed against it. 4 are pending. Most are in the district courts.
Sulthan Gold was incorporated on 31 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Sulthan Gold has 6 deals on record (2 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹4.99 Cr; the latest was in November 2022.
The peers of Sulthan Gold by revenue are Arvindbhai Bechardas Jewellers Private Limited, Ambergate Gold Private Limited, Manubhai Gems Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (retail trading).
Thayalvalappil Mammunhi Abdulrahoof ceased to be Director on 05 Dec 2018. Abdul Rahim Thayal Valappil Mammunhi was appointed as Director on 31 Jul 2010. Thayalvalappil Mammunhi Abdulrahoof was appointed as Managing Director on 31 Jul 2010.
Sulthan Gold has 11 MSME Form 1 returns on record between 2019 and 2024, listing 117 overdue payments to 41 micro and small suppliers. The latest return was filed on 18 Apr 2024.
Sulthan Gold can be reached through the website sulthandiamondsandgold.com. Its registered office is in Mangalore, Karnataka, India.
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