About Sunar Jewels Private Limited
Data last updated:
Sunar Jewels Private Limited is a private limited company based in New Delhi, Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 12 May 2009.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2009PTC190199. Its GSTIN is 07AADCG4614Q4Z7 (Delhi). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.32 Cr. It was formerly known as Goel Impex Private Limited. It is led by directors Parveen Gupta and Jyoti Goel.
Its last annual general meeting (AGM) was held on 30 September 2020, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Shop No. 321 2608 Bank Street Karol Bagh, New Delhi, Delhi, India – 110005.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.18 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹34.1 Cr and EBITDA of -₹32.91 Cr. Revenue has declined at a compounded annual rate (CAGR) of 77% over three years and 64% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹107.1 Cr and satisfied charges of ₹16 Cr on record. Court records list 16 cases involving the company, including 1 filed by the company and 15 filed against it; 3 cases are pending.
The last known website on record is sunar.co.
Company details
Contact details
Sunar Jewels Private Limited's registered office is in New Delhi, Delhi. Its website is sunar.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShop No. 321 2608 Bank Street Karol Bagh, New Delhi, Delhi, India – 110005
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Sunar Jewels 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 Sunar Jewels 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 Sunar Jewels Private Limited, buy the company report.
Financials of Sunar Jewels Private Limited
FY 2019 filings availableSunar Jewels Private Limited reported revenue of ₹3.18 Cr (down 29% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 64% over five years, including a 29% fall 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
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| EBITDA | -₹32.91 Cr | ||||
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| Net Profit (PAT) | -₹34.1 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Sunar Jewels Private Limited, buy the company report.
Board of directors of Sunar Jewels Private Limited
Sunar Jewels 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 |
|---|---|---|---|---|
| Parveen Gupta Also directs: Shree Balaji Commodities Private Limited, Sunar Diamonds Private Limited, Shree Ganpati Gold Projects Private Limited and 4 more | Director | 12 May 2009 | 17 Years 6 Months | As last reported |
| Jyoti Goel Also directs: Shree Balaji Commodities Private Limited, Sunar Diamonds Private Limited, Shree Ganpati Gold Projects Private Limited and 4 more | Director | 01 Oct 2014 | 12 Years 1 Months | As last reported |
Auditor
Sunar Jewels Private Limited is audited by AMBANI & ASSOCIATES LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMBANI & ASSOCIATES LLP | FY 2018 | 016923N |
Shareholding
The shareholding of Sunar Jewels Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sunar Jewels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2016 | 100098628 | Others | ₹5.6 Cr | Open | |
| 02 Mar 2015 | 10557624 | Others | ₹50.75 Cr | Open | |
| 21 Jan 2010 | 10199011 | Others | ₹50.75 Cr | Open | |
| 12 May 2014 | 10502618 | Karnataka Bank Limited | ₹2.5 Cr | Satisfied | |
| 17 Jun 2013 | 10434199 | Karnataka Bank Limited | ₹5 Cr | Satisfied |
To see the full charge records of Sunar Jewels Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Sunar Jewels Private Limited has 16 court cases on record: 1 filed by Sunar Jewels, 15 filed against it. 3 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 2 |
| High courts | 8 | 7 | 1 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (NMCD) | Filed against the company by Reliance Commercial Finance Ltd | Pending |
| Bombay High Court | Court case (CARBP) | Filed by the company against Reliance Commercial Finance Ltd and 7 others | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Reliance Commercial Finance Ltd | Disposed |
| Bombay High Court | Court case (CARBP) | Filed against the company by Reliance Commercial Finance Ltd | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by Living Media India Limited | Disposed |
To see the full case history of Sunar Jewels 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 Sunar Jewels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sunar Jewels has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCG4614Q4Z7 | Delhi | Active | 14 Jul 2020 |
To see the full GST registrations and return filing status of Sunar Jewels Private Limited, buy the company report.
Recent activity
Sunar Jewels Private Limited has 3 board changes on record since 2009: 2 appointments and 1 cessation. The latest: Jyoti Goel was appointed as Director on 01 Oct 2014.
9 earlier events are in the company report.
Frequently asked questions
Sunar Jewels is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Sunar Jewels is a company under insolvency, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 12 May 2009 and is registered under CIN U51909DL2009PTC190199. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sunar Jewels has 2 current directors:
- Parveen Gupta - Director
- Jyoti Goel - Director
The latest financial statements of Sunar Jewels on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sunar Jewels is U51909DL2009PTC190199. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunar Jewels has open charges of ₹107.1 Cr and satisfied charges of ₹16 Cr as per latest MCA filings.
Sunar Jewels has 16 court cases on record: 1 filed by the company and 15 filed against it. 3 are pending. Most are in the district courts.
Sunar Jewels was incorporated on 12 May 2009. It is registered with the Registrar of Companies, Delhi.
Jyoti Goel was appointed as Director on 01 Oct 2014. Pradeep Goel ceased to be Director on 01 Oct 2014. Parveen Gupta was appointed as Director on 12 May 2009.
Sunar Jewels can be reached through the website sunar.co. Its registered office is in New Delhi, Delhi, India.
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