Apte Kanade Jewellers Private Limited

Jewelry manufacturer and trader with a wide range of diamond, temple, and wedding collections.

1994 | Solapur, Maharashtra (India) | Active
Last Updated: July 17, 2024

Apte Kanade Jewellers Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 6.84 M
  • Company Age 30 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 19.05 Cr
  • Satisfied Charges ₹ 23.53 Cr
  • Revenue Growth -5.33%
  • Profit Growth 114.76%
  • Ebitda -10.16%
  • Net Worth 15.22%
  • Total Assets 12.41%

About Apte Kanade Jewellers

Apte Kanade Jewellers Private Limited (AKJPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 September 1994 and has a history of 30 years and four months. Its registered office is in Solapur, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 6.84 M.

The company currently has active open charges totaling ₹19.05 Cr. The company has closed loans amounting to ₹23.53 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nitin Apte and Ashish Kanade serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U36910PN1994PTC081660

  • Company No.

    081660

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Sep 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Consumer Goods

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

Board Members (2)

Name Designation Appointment Date Status
Nitin Apte Country flag representing In Director 30-Sep-1994 Current
Ashish Kanade Country flag representing In Director 30-Sep-1994 Current

Financial Performance of Apte Kanade Jewellers.

Apte Kanade Jewellers Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.33% decrease. The company also saw a substantial improvement in profitability, with a 114.76% increase in profit. The company's net worth Soared by an impressive increase of 15.22%.

Graph illustrating revenue growth over time
Graph showing 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
-5.33%
Revenue from Operations
-5.41%
Total Assets
12.41%
Profit or Loss
114.76%
Net Worth
15.22%
EBITDA
-10.16%

What is the Ownership and Shareholding Structure of Apte Kanade Jewellers?

In 2023, Apte Kanade Jewellers had a promoter holding of 42.46% and a public holding of 57.54%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹190.50 M

Satisfied Charges

₹235.30 M

Charges Breakdown by Lending Institutions

  • Others : 14.75 Cr
  • Samarth Sahakari Bank Ltd. Solapur : 2.80 Cr
  • Solapur Janata Sahakari Bank Limited : 1.50 Cr

Latest Charge Details

Date Lender Amount Status
16 Oct 2019 Others ₹4.50 Cr Open
29 Sep 2018 Others ₹4.25 Cr Open
26 Oct 2016 Others ₹6.00 Cr Open
05 Jan 2011 Solapur Janata Sahakari Bank Limited ₹1.50 Cr Open
29 Mar 2010 Samarth Sahakari Bank Ltd. Solapur ₹2.80 Cr Open

How Many Employees Work at Apte Kanade Jewellers?

Unlock and access historical data on people associated with Apte Kanade Jewellers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Apte Kanade 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 Apte Kanade 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 Apte Kanade Jewellers

Recent activity within the organization

  • Annual General Meeting

    Apte Kanade Jewellers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Apte Kanade Jewellers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge registered on 03 Jul 2018 via Charge ID 100193644 with Others was fully satisfied on 14 Nov 2019.

    14 Nov 2019

  • Charges

    A charge with Others amounted to Rs. 45.00 M with Charge ID 100300345 was registered on 16 Oct 2019.

    16 Oct 2019

  • Charges

    A charge registered on 15 Nov 2007 via Charge ID 10078860 with Solapur Janata Sahakari Bank Limited was fully satisfied on 04 Jan 2019.

    04 Jan 2019

  • Charges

    A charge registered on 03 Sep 2005 via Charge ID 90089045 with Bank Of India was fully satisfied on 04 Jan 2019.

    04 Jan 2019

Frequently asked questions

  • Apte Kanade Jewellers Private Limited was incorporated on 30 Sep 1994.

  • The authorized share capital of Apte Kanade Jewellers Private Limited is ₹ 7.50 M and paid-up capital is ₹ 6.84 M.

  • Currently 2 directors are associated with Apte Kanade Jewellers Private Limited.

    • Nitin Vasant Apte
    • Ashish Ramesh Kanade
  • As per Ministry of Corporate Affairs (Mca), the registered address of Apte Kanade Jewellers Private Limited is 1268 North Kasba Deshpande Galli, Solapur, Maharashtra, India, 413007.

  • The corporate identification number (CIN) of Apte Kanade Jewellers Private Limited is U36910PN1994PTC081660 and the company number is 081660 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Apte Kanade Jewellers Private Limited is https://www.aptekanadejewellers.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Apte Kanade Jewellers Private Limited has fallen by -5.33%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Apte Kanade Jewellers Private Limited has experienced an upsurge of 15.22%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Apte Kanade Jewellers Private Limited amount to ₹ 19.05 Cr.

  • The most recent Balance Sheet for Apte Kanade Jewellers Private Limited was filed with the ROC on 31 Mar 2023.