Akshaya Jewellers Private Limited

Manufactures and sells gold jewelry, also offers jewel labor work and buys/sells gold ornaments.

2006 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Akshaya Jewellers Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.23 Cr
  • Company Age 18 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 68.57 Cr
  • Revenue Growth 42.03%
  • Profit Growth 158.52%
  • Ebitda 78.91%
  • Net Worth 22.49%
  • Total Assets 8.24%

About Akshaya Jewellers

Akshaya Jewellers Private Limited (AJPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 May 2006 and has a history of 18 years and nine months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Consumer Goods Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 3.23 Cr.

The company has closed loans amounting to ₹68.57 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sathiyanarayanan Venkatesan, Balachandrakumar Balasubramaniam, and Umashankar Srinivasan serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    akshayajewellers.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36911TZ2006PTC012756

  • Company No.

    012756

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 May 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Consumer Goods

Who are the key members and board of directors at Akshaya Jewellers?

Board Members (3)

NameDesignationAppointment DateStatus
Sathiyanarayanan Venkatesan Country flag representing In Director 10-May-2006Current
Balachandrakumar Balasubramaniam Country flag representing In Director 10-May-2006Current
Umashankar Srinivasan Country flag representing In Director 10-May-2006Current

Financial Performance of Akshaya Jewellers.

Akshaya Jewellers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 42.03% increase. The company also saw a substantial improvement in profitability, with a 158.52% increase in profit. The company's net worth Soared by an impressive increase of 22.49%.

Akshaya Jewellers revenue growth over time
Akshaya Jewellers profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
42.03%
Revenue from Operations
42.02%
Total Assets
8.24%
Profit or Loss
158.52%
Net Worth
22.49%
EBITDA
78.91%

What is the Ownership and Shareholding Structure of Akshaya Jewellers?

In 2023, Akshaya Jewellers had a promoter holding of 47.29% and a public holding of 52.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹68.57 Cr

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 21.06 Cr
  • State Bank Of India : 17.52 Cr
  • The Karur Vysya Bank Limited : 14.75 Cr
  • Yes Bank Ltd : 9.00 Cr
  • Axis Bank Limited : 6.24 Cr

Latest Charge Details

DateLenderAmountStatus
21 Jan 2017State Bank Of India₹15.02 CrSatisfied
11 May 2016Standard Chartered Bank₹2.06 CrSatisfied
06 Apr 2015Standard Chartered Bank₹19.00 CrSatisfied
05 Apr 2013The Karur Vysya Bank Limited₹14.75 CrSatisfied
21 Apr 2011Yes Bank Ltd₹9.00 CrSatisfied

How Many Employees Work at Akshaya Jewellers?

Akshaya Jewellers has a workforce of 75 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Akshaya Jewellers Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akshaya Jewellers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Akshaya Jewellers's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Akshaya Jewellers

Recent activity within the organization

  • Annual General Meeting

    Akshaya Jewellers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Akshaya Jewellers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Charges

    A charge registered on 11 May 2016 via Charge ID 100027337 with Standard Chartered Bank was fully satisfied on 25 Feb 2021.

  • Charges

    A charge registered on 06 Apr 2015 via Charge ID 10578555 with Standard Chartered Bank was fully satisfied on 25 Feb 2021.

  • Charges

    A charge registered on 21 Jan 2017 via Charge ID 100074222 with State Bank Of India was fully satisfied on 15 Feb 2021.

  • Charges

    A charge with Standard Chartered Bank of Rs. 2.06 Cr registered on 11 May 2016 with Charge ID 100027337 was modified on 17 May 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Akshaya Jewellers Private Limited?

    Akshaya Jewellers Private Limited was incorporated on 10 May 2006.

  • What is authorized share capital and paid-up capital of Akshaya Jewellers Private Limited?

    The authorized share capital of Akshaya Jewellers Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.23 Cr.

  • Who are the current board members & directors of Akshaya Jewellers Private Limited?

    Currently 3 directors are associated with Akshaya Jewellers Private Limited.

    • Sathiyanarayanan Venkatesan
    • Balachandrakumar Balasubramaniam
    • Umashankar Srinivasan
  • What is the registered address of Akshaya Jewellers Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Akshaya Jewellers Private Limited is D.No.8-A First Floor A.K.S Nagar 2Nd Street Ponnaiyarajapuram, India, Coimbatore, Tamil Nadu, 641001.

  • What is the corporate identification number (CIN) and company number of Akshaya Jewellers Private Limited?

    The corporate identification number (CIN) of Akshaya Jewellers Private Limited is U36911TZ2006PTC012756 and the company number is 012756 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Akshaya Jewellers Private Limited?

    The Official website of Akshaya Jewellers Private Limited is https://www.akshayajewellers.com

  • What has been the recent revenue trend for Akshaya Jewellers Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Akshaya Jewellers Private Limited has risen by 42.03%.

  • How many employees does Akshaya Jewellers Private Limited currently have?

    As Per 2023 financial reports, 75 employees are currently employed by Akshaya Jewellers Private Limited.

  • What change has been observed in the net worth of Akshaya Jewellers Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Akshaya Jewellers Private Limited has experienced an upsurge of 22.49%.

  • When was the last Balance Sheet of Akshaya Jewellers Private Limited filed with the ROC?

    The most recent Balance Sheet for Akshaya Jewellers Private Limited was filed with the ROC on 31 Mar 2024.

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